Crypto exchange executives said growing regulatory clarity and high hopes after US President-elect Donald Trump’s win contributed to high trading volumes in November.
Altcoins are reclaiming serious pace, entering new growth stage
A crypto strategist who nailed the pre-halving Bitcoin (BTC) correction earlier this year says altcoins will likely rip once this large-cap coin takes center stage. Pseudonymous analyst Rekt Capital tells his 517,800 followers on the social media platform X that a bullish Ethereum (ETH) would be very favorable for the altcoin market. “An ETH breakout […]
WisdomTree filed with the US Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF) today (Monday). This makes WisdomTree the fourth company in the US to submit a Form S-1 for a spot XRP ETF. The new fund, called the WisdomTree XRP Fund, aims to give investors exposure to XRP’s price […]
TL;DR Hedera (HBAR) has recorded a 516% increase in its value over the past month, reaching $0.278 after a 47.5% surge in the last 24 hours. The rise of HBAR is due to factors such as potential strategic partnerships, including integration with the FedNow payment system from the Federal Reserve and the application for an […]
TL;DR Digital asset investment products saw inflows of $270 million last week, reaching an annual record of $37.3 billion. Bitcoin experienced outflows of $457 million due to profit-taking after touching $100,000, while Ethereum saw inflows of $634 million. XRP received inflows of $95 million due to growing interest in its potential inclusion in a U.S. […]
Meme coins are on fire this December, and the crypto world can’t get enough of them. Whether it’s their quirky branding, loyal fanbases, or the sheer thrill of watching them go viral, meme coins continue to dominate the scene. And this month, one presale, in particular, is making serious waves—BTFD Coin is taking centre stage, […]
Japanese cryptocurrency exchange DMM Bitcoin will cease operations by March 2025 following a hack that resulted in losses exceeding $300 million. This decision follows months of recovery efforts that ultimately failed to restore the platform’s viability. DMM Bitcoin to Transfer All Assets to SBI VC Trade According to a report from Nikkei Asia, the exchange […]
A $113 billion asset manager has filed to launch a spot XRP ETF as the crypto’s value skyrockets over 400%, solidifying its third-largest rank. XRP ETF Proposal Filed by $113B Global Asset Manager for SEC Approval Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the […]
Regarding this cryptocurrency, the fund manager explains: “XRP is a native digital asset of the XRP Ledger (XRPL), a decentralized, permissionless, …
Bitcoin, the world’s leading cryptocurrency, appears to be on the brink of a potential sharp rise. According to a CryptoQuant analyst, Crypto Dan, the market could experience a significant upward trend within the next two months. This insight, shared on the CryptoQuant QuickTake platform, is based on a critical market indicator that has historically signaled […]
The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021.
The chief technology officer of Ripple Labs says that the government needs to address the alleged unconstitutional unbanking of many crypto and tech founders. In a new thread on the social media platform X, Ripple CTO David Schwartz accuses the government of pressuring banks to cancel unfavored individuals and businesses with no evidence that they […]
A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap. Moo Deng (MOODENG), a crypto asset honoring the baby hippo who became an international sensation, soared 108% as the top US crypto exchange made the announcement. The Solana-based memecoin is now up 59% at time […]
We can’t live in a world where somebody starts a company that’s a completely legal thing, and then they literally [] get sanctioned [] and embargoed by the United States government through a completely unaccountable [process] by the way. No due process. None of this is written down. There’s no rules. There’s no court, there’s […]
Bitcoin miners reported significant profits in November due to the rally in prices and increased transaction fees. While still below pre-halving levels, the cryptocurrency mining sector experienced a notable uptick, with publicly listed miners’ market caps jumping substantially, according to JPMorgan. Bitcoin’s Recent Gains This boost came as Bitcoin reached new heights, with transaction fees […]
After surging over 330% in a six-week span, Dogecoin (DOGE) has been navigating a period of consolidation, maintaining a sideways trajectory for the past three weeks. This remarkable rally was initially propelled by speculative bets on Donald Trump’s victory in the US presidential election, colloquially referred to as the “Trump trade.” Following Trump’s electoral success, […]
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision.
Denver, USA, December 2nd, 2024, Chainwire Dai Lo is thrilled to announce the successful acquisition of Fractal, which marks a pivotal moment for the future of blockchain technology and privacy innovation. After months of strategic discussions, the acquisition, completed for an undisclosed amount, positions The Dai Lo to harness Fractal’s groundbreaking ZK technology and revitalize its vision […]
XRP broke the US$2 mark, gaining 350% in 30 days, with a market cap of US$130B. Speculative activity in derivatives is at an all-time high, too. The surge can be attributed to several factors: Gary Gensler stepping down as SEC chair, Ripple’s legal progress, and developments in the XRP Ledger ecosystem. It’s not all sunshine […]
Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including fluctuating exchange rates, chargeback fraud, and insufficient funds. While some fintechs blame provider issues, others cite high costs and limited revenue […]
Digital assets solutions provider BitGo has debuted a dedicated retail platform to offer retail customers access to BitGo's services.
The top policy executive at the US-based crypto exchange by trading volume says Trump’s second term will spell a boom for the crypto industry. According to a new CNBC report, Coinbase’s Faryar Shirzad expects the US to begin enacting crypto regulations under Trump very quickly. At a recent Stand with Crypto event in the UK, […]
South Korea’s opposition party has reportedly agreed to delay the implementation of a new policy that imposes a tax on cryptocurrency earnings starting January 2025. The Democratic Party of Korea (DPK) previously pushed back against the ruling People Power Party’s (PPP) proposal to postpone crypto asset taxation, which was supposed to take effect in 2021 […]
As investors in the ever-evolving crypto market look for the next big thing, these coins have emerged as top picks of the season. Dogecoin has caught the attention of investors with its latest yield-earning utility. Meanwhile, already raising over $2.5 million in presale, IntelMarkets is gaining massive momentum for its potential to deliver exponential returns […]
Decentralized exchange (DEX) Clipper experienced a security incident at 4 am UTC on December 1, targeting its liquidity pools on Optimism and Base. Chaofan Shou, co-founder of security firm Fuzzland, initially attributed the exploit to a private key leak, allowing the attacker to authorize deposit and withdrawal transactions. Clipper, however, has refuted this explanation, stating […]
These 60 public companies are on Bitcoin train
Follow Nikolaus On 𝕏 Here For Daily Posts Today, MicroStrategy announced it purchased an additional 15,400 bitcoin for approximately $1.5 billion. This brings its total holdings to over 400,000 BTC, almost 2% of the entire bitcoin supply. MicroStrategy now owns 402,100 #bitcoin worth $38 BILLION They now own almost 2% of the total bitcoin supply […]
MARA Holdings, Inc. (NASDAQ: MARA), a leading name in digital asset compute and blockchain technology and the biggest Bitcoin miner from Wall Street, announced two significant updates on its operations and financial strategy today (Monday). These developments underscore the company’s robust positioning in the cryptocurrency and digital asset market, providing fresh insights for investors tracking […]
Considering Bitcoin’s steady bullish momentum following Donald Trump’s win in the US Presidential elections, a crypto analyst believes that continuing this upward trend could see the Bitcoin price hit $245,000 this cycle. The analyst has provided the timeline for this mega price leap, utilizing logarithmic chart patterns and historical data to back his optimistic projection. […]
The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government.