A lucky crypto trader scored a gigantic return after investing early in the new native asset of a non-fungible token (NFT) project built on Solana (SOL). The market analytics platform Arkham Intelligence notes that someone bought only $6 worth of PENGU, the new utility token for the NFT project Pudgy Penguins, then added it to […]

After Fed Chair Jerome Powell’s remarks, major stock indices and cryptocurrencies plummeted, with the Dow dropping 1100 points and Bitcoin falling 5%. Meme coins suffered greatly, with Dogwifhat, Pepe and Bonk seeing declines between 13% and 16%, while Pudgy Penguins surged by 23%. Powell indicated a cautious approach for 2025 with fewer rate cuts expected, […]

The world’s leading cryptocurrency, Bitcoin (BTC), experienced significant volatility following the Federal Reserve’s (Fed’s) latest monetary policy announcement, briefly dipping below the psychological $100,000 mark before staging a recovery. The price action reflects broader market uncertainty as investors digest the Fed’s more conservative approach to rate cuts in 2025. Why Is Bitcoin Down? $100K Secured […]

If you had invested $6,000 in the world's largest cryptocurrency Bitcoin roughly a decade ago, you'd be a millionaire today.

The Bitcoin price experienced a significant downturn on Wednesday, briefly falling below the $100,000 milestone as the US Federal Reserve’s (Fed) cautious outlook on interest rate cuts dampened crypto investments.  At one point in Wednesday’s trading session, the market’s leading crypto dropped to $98,760 before recovering to the six-figure mark. Other cryptocurrencies, including Ethereum (ETH) […]

Binance CEO Richard Teng recently said it was “premature” to discuss the exchange’s return in the US.

Crypto veteran Arthur Hayes thinks the digital asset market will endure a “harrowing” crash next month. The BitMEX co-founder says in a new analysis that longstanding economic issues will make it “almost impossible” for US President-elect Donald Trump to retain control of both legislative chambers in 2026, meaning he doesn’t have much time to accomplish […]

Is Web3Bay the Future of Web3? Comparing It to Arweave & Helium Are you on the hunt for the next big development in Web3? While Arweave and Helium are notable players attracting significant attention, the new contender, Web3Bay, is creating a buzz with its unique project that shows immense potential. Arweave has made waves with […]

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 […]

sBTC, Stacks’ programmable, 1:1 Bitcoin-backed asset, goes live in its first-ever mainnet version

A university education is often considered to be the best path to superior lifetime earnings and financial freedom. Actual earnings seem to bear this out. People with a four-year degree make far more over their lifetimes than those without—about 75% according to this study by the Federal Reserve Bank of San Francisco. But this path […]

Michael Saylor is willing to advise Donald Trump on cryptocurrency policy if invited. The company recently purchased an additional US$1.5B worth of Bitcoin, raising its total holdings to 439,000 BTC, valued at approximately US$45B. MicroStrategy’s co-founder Michael Saylor said he’s willing to advise President-elect Donald Trump on cryptocurrency-related matters if asked.  In an interview on […]

The launch of Pudgy Penguins’ PENGU token on Solana triggered record activity, with 9 million transactions in a single day, surpassing all other major blockchains combined, alongside leading in DEX trading volume and daily active addresses. Over 100,000 claims were made during the PENGU airdrop within the first hour, but the token’s value dropped by […]

The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against Binance Australia Derivatives for allegedly misclassifying over 500 retail investors as wholesale clients, denying them crucial consumer protections. Binance Australia Faces Federal Court Battle The regulator alleges that between July 2022 and April 2023, Binance Australia Derivatives, a subsidiary of the world’s largest […]

HONG KONG – Hong Kong's securities regulator on Wednesday approved four cryptocurrency exchanges in the city's latest effort to stay competitive in a …

In a report published on December 17, analysts at cryptocurrency exchange Bitfinex stated that a combination of rising institutional adoption of Bitcoin (BTC) and bullish technical indicators could push the leading cryptocurrency as high as $200,000 by mid-2025. The report also predicts that any price corrections during 2025 are likely to ‘remain mild.’ Bitcoin Pullbacks […]

Memecoins were also tipped by the survey respondents as a top source of market growth next year, behind AI tokens.

Crypto exchange Coinbase has cited risks linked to Tron-founder Justin Sun during a lawsuit over its delisting of Wrapped Bitcoin (wBTC). In a recent complaint, the wBTC custodian and Sun-affiliated BiT Global accused Coinbase of using wBTC – the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain – as a “cash grab” before delisting […]

Bulls will likely have to defend $100,000 level

We’re thrilled to announce that Moo Deng and Peanut the Squirrel are now available for trading on Kraken! Funding and trading Moo Deng and Peanut the Squirrel trading will be live as of 15:00 PM UTC today, December 18, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re […]

When I saw Nic Carter’s recent Bloomberg interview, I couldn’t help but shake my head. Nic, who’s been a long-time Bitcoiner and someone I respect, said that the US shouldn’t—and won’t—buy Bitcoin for its strategic reserves because it would supposedly signal weakness in the dollar on the global stage. I get his argument, but I […]

Polkadot and Bonk Face a New Rival: Meet This Game-Changing Altcoin FXGuys In the ever-evolving world of cryptocurrencies, where giants like Polkadot (DOT) and meme-inspired tokens like Bonk (BONK) dominate headlines, a new contender has emerged to capture the attention of savvy investors. FXGuys ($FXG) is not just another token—it’s a game-changing altcoin redefining utility […]

Russia criticized U.S. threat diplomacy as BRICS advances efforts to reduce reliance on the dollar, citing flawed U.S. policies and escalating global economic tensions. Russia Calls Out US ‘Threat Diplomacy’ Amid Dollar Power Struggle The standoff over the global role of the U.S. dollar has intensified, with BRICS nations readying to counter President-elect Donald Trump’s […]

XRP price started a fresh decline below the $2.350 zone. The price retested the $2.20 support zone and is currently attempting a recovery wave. XRP price started a fresh decline from the $2.720 zone. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming […]

TL;DR Arthur Hayes predicts a potential crypto market crash as Trump’s inauguration on January 20, 2025, approaches. Bitcoin hit an all-time high of $108,260 following Trump’s victory, fueled by promises of pro-crypto measures such as a national strategic reserve of BTC. Maelstrom will reduce its crypto exposure before January 20, 2025, though it may reinvest […]

Arthur Hayes predicts a market downturn is coming following Trump’s inauguration, despite initial optimism. The crypto market celebrated Trump’s re-election, but excitement has faded overnight following the Fed’s announcement of fewer-than-expected rate cuts in 2025. However, Hayes remains optimistic about Bitcoin’s long-term prospects. He suggests that EU financial repression may push investors towards Bitcoin as […]

Kraken has launched its Layer-2 scaling solution, Ink, ahead of schedule as part of Optimism’s broader “Superchain” project. Ink, built on Optimism’s OP stack, received 25 million OP tokens from Optimism to enhance Ethereum’s efficiency and interoperability. Early features include developer toolkits, ETH token bridges and access to several dApps. Have you ever heard of […]

Leading US publicly-listed Bitcoin (BTC) miners from Wall Street are strengthening their financial positions through significant capital raises as Bitcoin trades above $108,000. Industry heavyweights CleanSpark (NASDAQ: CLSK) and Bitfarms (NASDAQ: BITF) announced major financial moves to fuel their expansion plans. CleanSpark Raises $650 Million in Zero-Coupon Note Sale CleanSpark has secured a landmark $650 […]

… falling victim to a new type of scam. These scams involve fraudulent investments where the scammer requests payment in cryptocurrency. […]

Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY.

Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and users, today revealed its user survey on the current state of the crypto market and expectations for 2025. The survey polled over 27,000 Binance users from six continents, including Asia, Australia, Europe, Africa and Latin America, with their insights into […]

A popular crypto analyst thinks that Ethereum (ETH) is on the verge of printing a massive breakout rally also known as a god candle. Pseudonymous analyst Inmortal tells his 221,100 followers on the social media platform X that Ethereum’s two-hour chart looks similar to Bitcoin’s (BTC) price action over the last two weeks. The analyst […]