TL;DR Ripple has issued two batches of its RLUSD stablecoin as part of its pre-launch testing. In total, 970 RLUSD were issued and 100 tokens were burned. Ripple aims to position itself in the stablecoin market, which could reach $2.8 trillion by 2028. San Francisco-based blockchain company Ripple continues to advance the development of its […]

Cryptocurrency exchange Kraken partnered with Bundesliga RB Leipzig in a sponsorship deal aimed at driving crypto adoption among German football fans. According to the official announcement, this collaboration will give fans an opportunity to engage with the football club through digital innovation and crypto education. Strengthening Fan Engagement The two entities also mentioned that the […]

Staff Sgt. Brian Lamb said these scams typically involve a call from a person posing as a legitimate investment firm or website that appears to …

SUI is on the brink of a key moment as it prepares to retest the $1.45 level following a successful breakout. The recent surge has positioned the cryptocurrency for a crucial test, where the bulls must step in to defend this newfound support. With the breakout still fresh and momentum hanging in the balance, the battle […]

Seattle’s medical marijuana vendors accept crypto, residents don’t file income tax returns here, and the Governor signed a blockchain bill.

Our partnership is focused on fusing the crypto ecosystem with the RB Leipzig fan experience to provide interactive opportunities for fans. Underpinned by an emphasis on educating new audiences about crypto, both sides are collaborating to unleash crypto’s full potential and inspire new ways for German fans to deepen their connection to the club. In […]

Arthur Hayes’ family office fund has unloaded a huge chunk of its position in the decentralized finance (DeFi) altcoin Pendle (PENDLE). Hayes sold 1.59 million PENDLE for $5.62 million at an average price of $3.52 over a two-day period, resulting in a loss of $1.29 million, according to the crypto tracker Lookonchain. Lookonchain also notes […]

The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is reportedly highlighting what he thinks is wrong with the cryptocurrency industry. Gensler says the crypto industry is “rife with fraud and hucksters and grifters,” reports BBC. The report further cites Gensler saying that investors around the world have “lost too much money” […]

SEC greenlights options trading for BlackRock’s IBIT, enhancing liquidity and drawing institutional interest. Ethereum ETF options face a delay as the SEC postpones its decision. Analysts predict a potential gamma squeeze for Bitcoin funds, akin to the GameStop short squeeze. The Bitcoin derivatives market shows growth potential, though it remains significantly smaller than traditional markets. […]

Caroline Ellison, ex-CEO of Alameda Research, was sentenced to two years in prison for her role in the FTX fraud, despite cooperating with prosecutors. Judge Lewis Kaplan, who also sentenced FTX founder Sam Bankman-Fried to 25 years, emphasised the seriousness of her actions, rejecting a “get-out-of-jail-free card”. Ellison’s cooperation was crucial in convicting Bankman-Fried.  However, […]

Bitcoin is now firmly in control of the cryptocurrency market, accounting for 73% of the total market share, a 6% increase in 2024 alone, according to analytics from Bitcoin. Investors have been steadily shifting from Ethereum to Bitcoin, driving the ETH/BTC ratio to its lowest point since April 2021. While Ethereum has only seen a […]

XRP’s volatility decreased this week, and the price has been moving sideways. Key Support levels: $0.54 Key Resistance levels: $0.60, $0.68 1. Price Consolidates XRP is consolidating in a flat trend under 60 cents. So far, buyers failed to break this level and turn it into a key support. While momentum remains neutral, bulls could […]

North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North Korea’s sanctions and economic constraints make membership unlikely. Recent […]

Binance’s futures market structure is changing, and it can greatly alter Bitcoin

NEW YORK (AP) — Former FTX cryptocurrency executive Caroline Ellison is sentenced to two years in prison for fraud. Sep 24, 2024 …

SUI has recently emerged as one of the top-performing altcoins, posting an impressive 120% surge since early September.  This rapid price increase has captured the attention of both investors and analysts, as data from DefiLlama reveals that SUI’s Total Value Locked (TVL) is approaching the $1 billion mark. The rising TVL has fueled speculation that […]

The proliferation of institutional Bitcoin custodians creates opportunities for MicroStrategy, according to a Benchmark analyst.

TL;DR DWF Labs will launch its synthetic stablecoin between Q4 2024 and Q1 2025. The stablecoin will offer annual returns ranging from 12% to 19%, depending on the type of asset. Approximately $500 million in total value locked (TVL) has been secured from initial partners. DWF Labs, a leading venture capital firm and market maker […]

TL;DR The DEX ecosystem on the TON network has grown exponentially, increasing the number of addresses and transactions in recent weeks. STON.fi leads the DEX sector with 90% of transactions and reports a 15% increase in addresses, while DeDust grew by 14.9%. Integration with Telegram has been key to this growth, despite challenges such as […]

Quant analyst PlanB believes that Bitcoin (BTC) is on the verge of having an explosive 2020-style breakout to new highs. PlanB tells his 1.9 million followers on the social media platform X that Bitcoin has been consolidating near $60,000 range similar to how it did near $10,000 in 2020. “$60,000 is the new $10,000. [It’s] […]

Crypto lobbyists are reportedly battling for the state of Ohio as major super PACS attempt to establish influence over Congress ahead of the election. A network of crypto super PACS have spent $38 million in Ohio trying to get Republican Bernie Moren a seat in the U.S. Senate, Washington Post reports. Moren is competing against […]

The Securities and Exchange Commission spent much of 2024 suing crypto exchanges and products operating within the US, typically over the sale of “unregistered securities”.  The legal battles have drawn out over the year, with Coinbase itself taking on the SEC and accusing them of being unwilling to draft legislation that provides regulatory clarity. The […]

The Base blockchain has experienced a meteoric rise, surpassing 2 million daily active addresses, outpacing other Layer 2 (L2) solutions. While the recent spike in activity is partly driven by airdrops and the introduction of $cbBTC, the main excitement seems to stem from the growing popularity of Basenames, Base’s equivalent of ENS domain names. The […]

TL;DR The SHIB community has been warned about fake Treat tokens being promoted by scammers. The ShibArmy is urged to stay vigilant, verify information through trusted sources, and report any suspicious activity. Beware of Fake Tokens The popular meme coin Shiba Inu (SHIB) has one of the largest communities in the crypto world, encompassing millions […]

The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased the Cash Reserve Ratio (CRR) for banks. These measures aim to combat inflation and stabilize the Nigerian economy. The CBN governor, Olayemi Cardoso, stated that the reforms implemented have restored the bank’s credibility and boosted […]

Which top coins can keep rising this week?

Australian regulators are reportedly drafting updated guidance that will require cryptocurrency exchanges to obtain financial services licenses. This will expand the current licensing requirements, which apply primarily to digital currency exchanges. The Australian Financial Review (AFR) shared details of these upcoming changes. Further Crypto Regulations Needed Alan Kirkland, a commissioner at the Australian Securities and […]

Over the last month, the 100 Mile House RCMP has received several reports of cryptocurrency fraud. Staff Sgt.

Popcat (POPCAT) is spearheading the movement to bring attention to Solana’s memecoins. Many of these projects are proving the critics wrong, despite others doubting their “shelf life.” In the wake of Bonk’s ascent and its intention to introduce a Bonk ETP, Popcat has gained attention due to its most recent performance. Notably, CoinCodex has taken […]

The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market. 

SkyBridge Capital founder Anthony Scaramucci believes that former president Donald Trump is causing Democrats to shift away from their perceived anti-crypto position. In a new CNBC report, Scaramucci says that since Trump, the Republican nominee for US president, is embracing the crypto industry, Democrats are now starting to distance themselves from Capitol Hill’s harshest crypto […]

September 24, 2024 – Miami, Florida Floki is proud to announce that Valhalla, an innovative Web 3.0 play-to-earn game, is in a groundbreaking partnership with Alliance, a leading global esports organization. The partnership with Alliance allows Valhalla to tap into the vast esports audience, introducing gamers to the benefits of Web 3.0 while combining exciting […]