NEW YORK — Mayor Eric Adams is heading on a taxpayer-funded trip to Puerto Rico this week to attend a cryptocurrency conference.

Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase’s Project Diamond.

The crypto market has seen the largest leverage flush out since April 2021 yesterday, December 9, as reported earlier today. Amidst the market shakeout, Dogecoin (DOGE) is one of the altcoins which is displaying significant signs of strength. In a post on X, crypto analyst CRG (@MacroCRG) argues that the DOGE price is showing “incredible” […]

Bitcoin reserves are becoming a global trend, with many entities adding BTC to their balance sheets. Notably, Brazil is moving to establish a sovereign Bitcoin reserve, with high crypto adoption rates bolstering its potential. A Russian lawmaker has also recently proposed creating a Bitcoin reserve as the country deals with international sanctions. Florida and Pennsylvania […]

A report on the Aussie fintech industry by consultancy firm KPMG has found that the number of local blockchain companies fell by 14% in 2024, double the rate of the broader fintech industry. KPMG has attributed the decline in blockchain firms to the lingering effects of the 2022 crypto crash, the boom in AI drawing […]

Bitwise believes that the Bitcoin price could reach $200,000 next year

NEAR, the native cryptocurrency of Near Protocol, has surged by 57% from its September 6, 2024, low of $3.41. At present NEAR is trading at $5.22 NEAR/USDT at Gate.io, after losing by 0.5% within the last 24 hours. On September 24, it reached an eight-week high of $5.36 before retracing towards $5.20 – a strong […]

Eric Trump, a prominent American businessman, executive vice president of the Trump Organization, and son of United States President-elect Donald Trump delivered a striking prediction at the Bitcoin MENA event in Abu Dhabi on Dec. 10. He confidently declared that Bitcoin will someday reach a value of $1 million per BTC. “I am confident that Bitcoin is […]

Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. Microbt Ignites Mining Competition With Advanced Whatsminer Machines The fresh lineup, unveiled in a press release shared with theminermag.com, features the air-cooled M60S++, the hydro-cooled M63S++, and […]

After an impressive rally that saw its price soar by nearly 400%, XRP is now facing a market correction. The crypto asset price has dipped to less than $2.20, but new developments, including potential XRP spot ETFs, hint at promising opportunities for investors looking beyond the volatility. Cooling Phase From the daily price chart, XRP […]

Nearly half or 48% of Filipino respondents cited data privacy and online identity control cited as top concerns when dealing with cryptocurrency.

Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships.

Pepe Coin (PEPE) and JetBolt (JBOLT) are making headlines as the crypto market heats up this December. Predictions suggest PEPE could reach $0.00006594 by year-end, reigniting interest in meme coins. Meanwhile, JetBolt continues to impress with its Zero-Gas Technology, eliminating transaction fees and drawing whales and reaching over 150 million tokens sold. With disruptive features […]

In a strategic shift from its stance on digital currency, Iran has decided to regulate the crypto industry instead of restricting it. The decision was announced by the Minister of Economic Affairs and Finance Abdolnaser Hemmati at a national event in Tehran, where he said that they aim to minimize the risks associated with crypto […]

Digital assets manager CoinShares says institutional investors poured a record $3.85 billion into crypto investment vehicles last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a record in net inflows that brought yearly flows to $41 billion last week, also a new record. “Digital asset investment products […]

Bitcoin witnessed its first-ever daily close above $100,000 over the weekend, and one popular analyst believes that BTC is in the early stages of a parabolic upside burst. The pseudonymous trader known as Rekt Capital tells 519,900 followers on the social media platform X that Bitcoin tends to undergo steep rallies after entering bull territory. According […]

Can traders expect increased volatility from Bitcoin (BTC) by end of week?

MicroStrategy has added another US $2.1b to their Bitcoin portfolio. The company has now purchased BTC on five consecutive Mondays, bringing their holdings to over 420k BTC, worth over US $40b. The company’s average buy price has risen to nearly US $60k, with plans to raise US $42b by 2027 to continue their buying frenzy. […]

Rob Hadick from Dragonfly and David Pakman from CoinFund expressed skepticism about crypto projects competing with major AI players like OpenAI, Meta, and Microsoft. The panelists agreed decentralised AI systems lack practicality and scalability in the near term, with limited potential to challenge centralised giants during this market cycle. Speaking at The Block’s Emergence conference […]

XRP’s 7-day loss reached 14%, while Cardano’s ADA led the top ten coins with a 19% negative price movement. XRP and ADA Record Double-Digit Weekly Losses On Tuesday, Dec. 10, XRP briefly dropped to $2.14, an almost 20% plunge from its Monday peak of $2.61. The decline mirrored a broader market correction, as bitcoin (BTC) […]

Zodia Markets, backed by Standard Chartered, has received a new operational licence from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This allows the platform to operate as a crypto brokerage. Announced today (Tuesday), the Financial Services Permission (FSP) has been granted to the locally formed Zodia Markets (AME) Limited. Targeting […]

Before buying cryptocurrency such as Bitcoin, make sure you keep these rules in mind.

Eric Trump predicted governments and institutions will adopt Bitcoin, highlighting that the early movers are set to win.

A top trader known for making timely altcoin predictions says one Dogecoin (DOGE) challenger is primed for a parabolic surge. Pseudonymous analyst Bluntz tells his 304,300 followers on the social media platform X that the time for vertical Shiba Inu (SHIB) rallies is coming. The trader shares a chart suggesting that SHIB may be close […]

Economist Alex Krüger says Bitcoin (BTC) is likely in the midst of a supercycle with a local top still several months away. The trader tells his 192,500 followers on the social media platform X that Bitcoin’s fundamentals are now different than prior cycles due to expected changes in the regulatory landscape. He suggests the election […]

TL;DR Digital assets investment products recorded a historic $3.85 billion in inflows last week, highlighting growing institutional interest and pushing YTD totals to $41 billion. Ethereum saw its highest-ever weekly inflows of $1.2 billion, reflecting increasing confidence among institutional investors in its long-term potential. In contrast, Solana experienced significant outflows of $14 million, while Bitcoin […]

Hedera’s native cryptocurrency, HBAR, has garnered the interest of investors and cryptocurrency aficionados due to its remarkable recent performance and increasing prominence in the blockchain sector. Hedera’s HBAR token, supported by major technology companies like Google, IBM, and Boeing, has the potential to revolutionize decentralized finance. In the preceding month, HBAR has ascended by 430%, […]

The recent bullish sentiment shift in the crypto market and the decreased regulatory pressure on Ripple gave rise to an enormous XRP price rally. This has also led to increased demand for a new altcoin, which experts suggest has the potential to outshine the tremendous returns provided by the XRP price surge. Let’s examine this […]

MicroStrategy now holds 423,650 Bitcoins

Key Takeaways: FSOC Flags Stablecoins as “Potential Risk” to Financial Stability. High market concentration and lack of appropriate regulatory frameworks are critical challenges. Urges comprehensive federal regulation of stablecoins due to their systemic risks. Stablecoin Market is Highly Concentrated In recent years, the U.S. Financial Stability Oversight Council (FSOC) has identified that the market for […]

BitGo, a crypto custodian offering various Bitcoin staking options, now allows institutional clients to secure extra BTC rewards with Core’s dual staking model.

A widely-followed analyst known for applying the stock-to-flow model (S2F) to Bitcoin is unveiling his price target for BTC this month. In a new interview with trader Scott Melker, pseudonymous analyst PlanB says that Bitcoin could surge to as high as $150,000 in December, a more than 53% gain from its current value. “It’s almost […]