Vaneck’s projection of bitcoin reaching $180,000 by the end of 2025 is considered ambitious but possible, with experts citing BTC’s historical outperformance and potential U.S. strategic reserve status as key factors. Bitcoin as a Strategic Reserve The leading asset manager Vaneck‘s projection of $180,000 for bitcoin (BTC) by the end of 2025 is “ambitious but […]
A South Lake Tahoe man, Daniel Chartraw, 51, faces a 12-count federal indictment for wire fraud linked to a cryptocurrency trading scheme, per U.S. Attorney Phillip A. Talbert. Arrested recently, Chartraw allegedly misled investors through his companies, Crypto-Pal LLC and TDA Global, by falsely promoting a proprietary algorithm for high returns. Instead of investing funds, […]
Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of “rugpulls,” soliciting funds for NFT projects that were abandoned after collecting investments. The alleged scams involved projects like Vault […]
The 2024 Chainalysis crypto crime report showed that North Korean hackers were responsible for over 60% of stolen crypto. Hackers Made Away With $2.2 Billion in 2024 Crypto hacking remains a serious concern for the crypto ecosystem with a report by Chainalysis showing that $2.2 billion was lost to hackers in 2024 via 303 hacking […]
Blackrock’s recently posted video explaining the basics of bitcoin to investors has raised questions about the staying power of the so-called hard cap issuance limit. In the video, Blackrock explains that there is “no guarantee” that the 21 million supply cap will not be changed, opening a debate on the ossification of the top cryptocurrency. […]
Users of the Ledger series of hardware wallets are being targeted as part of a widespread phishing campaign that takes advantage of earlier data leaks. Some users have received emails alerting them to a data breach that could have exposed their seed phrases to attackers. Ledger Users Receiving Data Breach Emails in Phishing Campaign Attackers […]
The most recent global crypto survey organized by Binance has offered insight into the current state of the market. The survey, which polled nearly 28,000 users, shows that 23.89% believe that artificial intelligence (AI) tokens will gain traction and lead the market this upcoming year. Nearly 20% of the responders expect governments to enact more […]
Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain combining Bitcoin and Ethereum’s features, has integrated with Babylon, a bitcoin (BTC) staking protocol, to achieve Bitcoin-Secured Network (BSN) status. Babylon Collaboration Expands BOB’s Bitcoin Defi Ecosystem According to BOB’s announcement shared with Bitcoin.com News, the partnership marks a significant development in BOB’s roadmap, enhancing […]
Michael Saylor, co-founder and executive chairman of Microstrategy, has discussed the opportunity for the U.S. to make the dollar ubiquitous by building a regulatory framework that allows U.S. banks to issue their treasury-backed stablecoins. Michael Saylor Discusses US Banks’ Upcoming Digital Dollar Adoption Michael Saylor, bitcoin visionary, co-founder, and executive chairman of Microstrategy, the first […]
Abu Dhabi, UAE – December 19, 2024 – VeraViews, a pioneer in blockchain-powered advertising transparency, has announced an exciting collaboration with OnDemand, the groundbreaking AI platform developed by AIREV. This partnership will harness OnDemand’s state-of-the-art AI capabilities to enhance VeraViews’ mission to combat ad fraud and ensure transparency in the digital advertising ecosystem. OnDemand’s powerful […]
Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun. Coinbase and Bit Global Clash in Court Over WBTC Delisting California judge Araceli Martínez-Olguín gave crypto exchange Coinbase the green light to delist wrapped bitcoin (WBTC) despite attempts by digital asset custodian Bit […]
The Federal High Court in Lagos has granted an interim order restraining the Advertising Regulatory Council of Nigeria (ARCON) from demanding $38.55 million (NGN60 billion) from Facebook Nigeria Operations Limited for an alleged violation. Justice Yellim Bogoro made the order on Dec. 12, 2024, following a motion ex parte filed by Facebook. Facebook sought two […]
Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management firm has introduced a Solana staking exchange-traded product (ETP) in Europe with the ticker BSOL. This comes less than a month […]
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how El Salvador might leverage its newfound gold reserves to increase its bitcoin stash, becoming richer in just one trade. Latam Insights Encore: El Salvador Might Follow Michael Saylor’s Playbook, Using Gold […]
Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing submitted on Tuesday, Coinbase defended its action, claiming it was a necessary step to shield its […]
President Trump’s speech re-echoed his openness to engage in key crypto policy to position the U.S. as a global crypto powerhouse. U.S. Government Wants to Lead the Way on Bitcoin Donald Trump, incoming U.S. president delivered a goodwill speech at the crypto policy summit in Washington organized by the Blockchain Association. In his speech, Trump […]
A recent resolution issued by the Security Ministry of Argentina has added crypto crimes to the set of activities that will be tracked and surveilled by police forces. Resolution 1330/2024 states that the federal security forces will develop countermeasures to fight crimes of “unauthorized financial intermediation through the use of cryptoassets,” to prevent them from […]
U.S. Treasury Secretary Janet Yellen recently referred to the possibility of enacting sanctions against Chinese banks as the U.S. prepares to deepen its measures to weaken the Russian economy. This could affect trade settlements between Russia and China, which have already suffered due to previous measures. US Treasury Prepared to Enact Sanctions Against Chinese Banks […]
Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally. This milestone allows the company to “offer services such as bitcoin-to-fiat currency exchanges, bitcoin payment facilitation, and secure bitcoin custody solutions for its clientele,” according to a […]
The halls of Canadian Parliament have been buzzing with turmoil following the resignation of Chrystia Freeland, Canada’s finance minister and deputy prime minister. Adding fuel to the fire, speculation is mounting among Polymarket bettors and the general public that Prime Minister Justin Trudeau might also step down as the fallout continues. Canada’s Political Powder Keg: […]
Microstrategy’s $1.5 billion bitcoin buy boosts holdings to 439,000 BTC, with its top executive predicting bitcoin’s rise to an astonishing $13 million per coin. 15,350 BTC Acquired: Microstrategy Now Holds 439,000 Coins and Dominates Crypto Finance Bitcoin’s growing prominence as a transformative financial asset took center stage as Microstrategy Inc. (Nasdaq: MSTR) detailed its latest […]
Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services. Microsoft Will Continue Evaluating Crypto as an Asset Class in the Future Microsoft, one of the largest companies in the […]
Martin Shkreli, also known as Pharma Bro, has criticized Michael Saylor for implementing a bitcoin playbook for Microstrategy, stating that it cannot end well. Shkreli revealed that he was short Microstrategy, explaining that it was both fun and “a little painful.” ‘Pharma Bro’ Martin Shkreli Blasts Michael Saylor, States It Will ‘Not End Well’ for […]
Alexander Babakov, Deputy Chairman of the Russian State Duma, called out President-elect Trump’s recent threats regarding the hypothetical implementation of a 100% tariff regime on the BRICS bloc, stating that such an application was unlikely. Russian State Duma Deputy Chairman: Trump Unlikely to Proceed With 100% Tariff Threat President-elect Trump still has officials worried about […]
Vanguard, the second-largest ETF provider, has tripled down on its rejection of bitcoin and the crypto asset class, declaring that the merits of these digital assets are “weak” and based on speculation. Vanguard Belittles Bitcoin Yet Again: Might Make Investors Lose Money Even with the recent hike in price and interest for bitcoin and the […]
According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether’s utilization increased significantly, having registered 950,000 transactions moving over $165 million – a relevant increase compared to last year’s October numbers, when it scored 600,000 transactions and transferred nearly $40 million. Solana also exploded, […]
An exploit first discovered and disclosed by crypto researcher Tobias Ruck crashed over half of the nodes of Dogecoin, a cryptocurrency with a market capitalization of over $58 billion. This event remarks that cryptocurrency projects are as vulnerable as their codebase. Dogecoin Attacked Remotely, 69% of Nodes Crashed With Already Disclosed Exploit Dogecoin, a cryptocurrency […]
Electric Capital’s 2024 report shows a decline in overall crypto developers despite an influx of new entrants, with Asia surpassing North America in developer share and established developers driving long-term growth. Established Crypto Developers Reach All-Time High According to Electric Capital’s 2024 developer report, 39,148 new developers explored crypto between January and November this year. […]
On Friday, the 12 spot bitcoin exchange-traded funds (ETFs) hit another high note, pulling in $428.98 million during the day’s trading session. Meanwhile, nine spot ether ETFs added $23.61 million to their tally. Bitcoin ETFs Dominate as $429M Floods In—Ether Funds Join the Party with $24M Both bitcoin and ether ETFs ended the day on […]
Meme coins have exploded in popularity this year, but one thing is still missing: a way to earn passive income. Crypto All-Stars (STARS) aims to change that. This new staking platform, which promises to unify top meme coins like DOGE, PEPE, and WIF, has already raised over $15 million in presale funding. Crypto All-Stars Introduces […]
A Massachusetts man, Alan Joseph, 36, has been convicted of operating an unlicensed money transmission business and laundering funds after converting cash linked to counterfeit goods into bitcoin, Homeland Security Investigations (HSI) announced on Thursday. Convicted on Nov. 22, following a five-day jury trial, Joseph was found guilty of facilitating illegal cash-for-crypto transactions, including a […]
PRESS RELEASE. The bullish wave that swept across the crypto market in the past month has propelled top altcoins like Litecoin and Bitcoin Cash into significant bullish momentum. While the recent week-to-date chart sees both tokens dip in price, the sentiment remains bullish, with Litecoin price on the verge of breaking through the $115 mark […]
Russian President Vladimir Putin has predicted the rise of a so-called “strong AI” that will leapfrog human capabilities. Putin stated that the recent development of AI’s reasoning abilities might lead to this breakthrough. Putin Talks About Strong AI, Wants Russia to Lead the Way The artificial intelligence (AI) topic is also becoming a geopolitical subject, […]
Ethereum founder Vitalik Buterin has acknowledged the performance of the Argentine fiat currency, the peso. On social media, Buterin stated that the Argentine peso to U.S. dollar exchange rate was exactly the same as it was one year ago. Praising Argentine President Milei’s achievements during his first year in office, Buterin declared: “Quite an impressive […]
Avalanche announced the recent closure of a $250 million token sale that will support the upcoming launch of Avalanche9000. This major upgrade aims to turn Avalanche into a swarm of interconnected L1s. Avalanche Raises $250 Million Before Major Avalanche9000 Upgrade Avalanche, a top 15 blockchain project, has recently closed a $250 million token sale in […]
Argentine President Javier Milei delivered a speech detailing his administration’s plans for its second year in office. The leader stated that he would slash 90% of national taxes, implement a currency competition scheme, and even introduce nuclear energy to the country. Milei Year Two: Nuclear Energy, Tax Reduction, and Free Currency Circulation Argentine President Javier […]
The Stellar Development Foundation (SDF) has launched Build Better, a new initiative aiming to translate community insight to real-world impact. The crypto winter has sifted through the noise, leaving behind only the projects with substance. As the crypto community looks ahead to an impending bull cycle, many overhyped and speculative ventures have faded into obscurity, […]
Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec. […]
Solana developers recently approved the first block increase in the blockchain’s history, signaling a commitment to maintaining network operability and scalability in preparation for the chain’s future demand. Solana Devs Pass Symbolic Block Limit Increase, Aim for Further Expansion Solana, one of the top blockchain projects in the cryptocurrency industry, has recently passed the first […]
Meme coin trading was a key driver of Raydium’s volume with meme coins accounting for 65% of Raydium’s monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row. This saw Raydium emerge as the top DEX by volume […]
PRESS RELEASE. December 11, 2024 – Graphite Network has introduced a next-generation Proof-of-Authority (PoA) blockchain utilizing the Polymer 2.0 algorithm that converges traditional finance (TradFi) with the capabilities of Web3. Its unique features like income generation through Entry-Point Nodes—an industry first—along with a reputation-based scoring system and a secure, multi-layered KYC process enhance both user […]
Key partnership between Binance and Circle seeks to accelerate the adoption of USDC and digital assets worldwide. Binance and Circle Join Forces for Global Crypto Adoption A new strategic partnership between Binance and Circle Internet Group was launched at the Abu Dhabi Finance Week. The cooperation will increase the use of USD Coin (USDC) and […]
Russian State Duma Deputy Anton Tkachev directed a letter to the Ministry of Finance to consider creating a strategic bitcoin reserve akin to the one that exists for traditional currencies. Tkachev highlighted that bitcoin could serve both as a store of value and as an opportunity to reap profits. Russian State Duma Deputy Opens Strategic […]
Brad Garlinghosue, CEO of Ripple, a crypto and payment services company, blasted an interview given to 60 Minutes about XRP and the utility of cryptocurrency. Garlinghouse stated that some things were left out and that the program was wrong in presenting crypto as a solution in search of a problem. Ripple CEO Brad Garlinghouse Criticizes […]
The Central Bank of Brazil acknowledged that a proposal making self-custody of stablecoins illegal in the country might be withdrawn if certain conditions are met. In a public hearing, the deputy head of the Financial System Regulation Department, Renato Kiyotaka Uema, said that these provisions were put in place to bring stablecoin transactions to light, […]
Since Election Day, bitcoin exchange-traded funds (ETFs) have garnered the attention of Wall Street investors who seem convinced that President-elect Donald Trump will be able to bring regulatory clarity to push the bitcoin industry to new heights. The companies offering these investment tools have registered inflows of close to $10 billion since November 5, boosting […]
David Bailey, CEO of BTC Inc. and advisor to President-elect Trump’s campaign, has revealed that four undisclosed nations have agreed to establish strategic bitcoin reserve initiatives, hinting at the future organization of a Bitcoin G7. Strategic Bitcoin Reserve Initiatives Allegedly Approved by Four Nations The rise of bitcoin’s concept as a strategic international reserve asset […]
PRESS RELEASE. In the competitive cryptocurrency market, innovation has emerged as a critical driver for the evolution of exchange ecosystems. Leading exchange HTX, through its decentralized governance framework, HTX DAO, has introduced groundbreaking proposals: the launch of a “Multiple Farming” model and the pivot from liquidity pledge to burning. These initiatives seek to enhance user […]
.Ron Paul, former presidential candidate and soon-to-be-appointed advisor to Elon Musk’s D.O.G.E., has called for the elimination of foreign aid, labeling it as immoral and unconstitutional. Vivek Ramaswamy, co-head of the department, agreed with Ron’s ideas, stating that it represents “a waste of taxpayer dollars.” D.O.G.E Advisor Ron Paul Rails Against Foreign Aid Initiatives, Calls […]
Cryptocurrency-focused venture capital firms are optimistic about President-elect Donald Trump’s selection of Paul Atkins as Securities and Exchange Commission (SEC) chair. Trump’s Picks Expected to Reverse Gensler-Era Policies Cryptocurrency-focused venture capital (VC) firms are reacting positively to President-elect Donald Trump’s selection of Paul Atkins as chair of the Securities and Exchange Commission. According to a […]