Ripple Sells Millions of XRP as XRP Price Drops 7.3% — Losses Don't Matter?
u.today

Massive amount of XRP moved to Bitstamp from anonymous wallet, source says that it may be linked to Ripple fintech firm

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Web3 Unleashed: Bitget Wallet Partners with Linea for Ethereum Layer 2
www.financemagnates.com

Bitget Wallet, formerly known as BitKeep, a Web3 trading wallet, has recently unveiled a strategic collaboration with the Ethereum Layer 2 network, Linea. The partnership aims to propel the development and expansion of the Linea ecosystem, marking a step towards enhancing Ethereum’s usability. Bitget Wallet’s Integration with Linea Unveiled Bitget Wallet has integrated with the […]

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Crypto Analyst Reveals Uncanny Similarities In The Bitcoin Charts Of 2020 And 2023
www.newsbtc.com

A crypto analyst has revealed what seems to be one of the most uncanny similarities in two separate Bitcoin charts. The two charts taken from 2020 and 2023 show a very similar price trend, and the most important part is what happens if Bitcoin continues to follow this trend. Bitcoin Charts From 2020 And 2023 […]

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Ledger breach possibly affecting whole EVM ecosystem — Linea
cointelegraph.com

Wallet provider MetaMask was also affected by the incident. Ledger released a patch to resolve the issue but warned users to wait 24 hours before using its connector library again.

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The Cryptocurrency Market is Rising Sharply. Here’s Why
crypto-economy.com

The recent decision by the United States Federal Reserve to pause interest rates and hint at possible cuts in the coming year has sparked a wave of optimism among investors, impacting both traditional financial markets and the cryptocurrency market. Shares of prominent companies in the cryptocurrency sector, such as Coinbase and MicroStrategy, experienced notable increases […]

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A tale of two Silicon Valley Sams – Bankman-Fried and Altman | New Scientist
www.google.com

This was the year when the worlds of cryptocurrency and AI were both hit by drama, says Annalee Newitz.

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El Salvador’s ‘Volcano Bond’ Gets Regulatory Approval, Aims for Launch Early Next Year
dailyhodl.com

El Salvador’s groundbreaking Bitcoin (BTC) “Volcano Bonds” have received regulatory approval and are slated to roll out to the public in the first quarter of next year. The National Bitcoin Office (ONBTC) of El Salvador says the country’s Digital Assets Commission (CNAD) approved the bonds after nearly two years of delays. Pro-crypto El Salvador President […]

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Coinbase Adds Dogecoin Rival That’s Up 400% in Past Month to Altcoin Listing Roadmap
dailyhodl.com

Top US crypto exchange Coinbase is planning to list one red-hot Dogecoin (DOGE) rival. In a new announcement, Coinbase says it has added Solana-based (SOL) memecoin Bonk (BONK) to the platform’s “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets. The exchange created the roadmap last year to increase […]

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Solana Meme Token BONK Up 20% On News of Coinbase Listing
cryptonews.com.au

Solana’s hottest meme coin, BONK, has experienced 20% gains over the past few days as news of its Coinbase listing spreads. This forms part of a broader trend for the token, with BONK sky-rocketing 663% in the past month alone.  Proceed with caution though, as meme coins typically lack utility and are prone to wild […]

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Pivotal Moment for Crypto: New Accounting Rules Coming
cryptonews.com.au

US regulator issues new accounting standards for crypto, to come into effect December 2024, allowing crypto assets’ fair value to be recorded in company accounts. Current system only allows crypto losses to be recorded, potentially underestimating the value of institutional crypto holdings. Entrepreneur and Bitcoin bull Michael Saylor believes the new accounting standard will drive […]

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Why has Bitcoin price hit new all-time highs in Turkey, Egypt, Nigeria and Argentina?
cointelegraph.com

Bitcoin is proving its value as an inflation hedge and store of value by hitting repeat all-time highs in multiple currencies.

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Anticipating Massive Gains with Avalanche, Bitcoin Cash, BorroeFinance Pegged as Emerging Crypto Victors
nulltx.com

If you are an investor looking for the best crypto investments for massive ROI, look no further than BorroeFinance ($ROE), Bitcoin Cash (BCH), and Avalanche (AVAX). While AVAX and BCH are not new to savvy investors like you, BorroeFinance is just making its debut in the crypto industry. Keep reading to discover why investors are […]

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Fair Value Accounting For Crypto To Begin In 2024, Confirms FASB
cryptopotato.com

The Financial Accounting Services Board (FASB) announced on Wednesday that it has officially adopted fair value accounting for crypto assets starting next year. The change is expected to make Bitcoin and other digital currencies far more welcoming to hold on corporate balance sheets, despite their intermittent price volatility. FASB’s Major Accounting Change Per FASB’s latest […]

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Cardano (ADA) Price Rally in Big Trouble: Ominous Data Arrives
u.today

Cardano faces some serious pressure, but there’s still hope

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Philippine SEC Sets Deadline for Binance Ban Enforcement Citing Licensing Concerns
www.financemagnates.com

In a recent panel discussion, Kelvin Lee, the Head of the Philippine Securities and Exchange Commission (SEC), provided clarity on the impending ban on Binance, stating that the prohibition would be enforced three months after the advisory issued on November 28. The advisory accused Binance of operating without a license, prompting regulators to take action. […]

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Solana Shows Its Mettle As SOL Barrels Past $70 – Details
www.newsbtc.com

SOL investors are enjoying this year’s festive season as Solana enters the $70 mark today, backed by extremely bullish market conditions. According to CoinGecko, the token is up 12% in the weekly timeframe, with the biggest jump in the monthly at 30%.  Investment manager VanEck also speculates that Solana will join the ETF race, following […]

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Bull Trap Likely Being Set for Bitcoin As Potential Sell-the-News Event Approaches, Warns Top Trader
dailyhodl.com

A closely followed crypto strategist thinks that crypto bulls are being set up for a big trap as traders appear to be front-running a potential sell-off event. Pseudonymous analyst The Flow Horse tells his 191,700 followers on the social media platform X that most market participants appear to still be very bullish on Bitcoin (BTC) […]

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Coinbase extends spot <b>cryptocurrency</b> trading to international platform citing US regulatory …
www.google.com

The largest digital-asset platform in the US is diversifying away from its home base amid regulatory uncertainty.

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Bitcoin And Crypto To Be Measured At Fair Value Under New FASB Rules
bitcoinmagazine.com

Today, the Financial Accounting Standards Board (FASB) announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value. The rules are set to go into effect on December 15, 2024, but companies will be able to apply them earlier than that. Under the new guidelines, which are the first of their kind […]

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Immutable’s zkEVM to eliminate Web3 gaming gas fees
cointelegraph.com

Immutable’s blockchain protocol will allow the game studio to cut out gas fees for users, which are widely cited as a significant barrier to Web3 gaming adoption.

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Donald Trump Launches New NFT Collection Titled “Mugshot Edition”
crypto-economy.com

Former President Donald Trump has once again entered the world of non-fungible tokens (NFTs), launching a new collection that has stirred up the market. Despite the volatility and unpredictability of the crypto market, Trump’s venture into NFTs has proven profitable, with earnings ranging from $500,000 to $1 million. In a concise video of slightly more […]

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Blockchain.com Plans to Increase Staff in European Expansion Effort
cryptonews.com.au

Bitcoin exchange and infrastructure provider Blockchain.com is bucking the bear market with a commitment to hire more staff in 2024. Moreover, the company is looking to expand into Europe and emerging markets. On December 13, Bloomberg reported that Blockchain.com, an early adopter of crypto technology, plans to expand its workforce by 25% in the first […]

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Bitcoin ETF applicants will have to ‘bend the knee’ on cash redemption model
cryptonews.com.au

As spot Bitcoin exchange-traded fund (ETF) issuers iron out details of their filings with the U.S. securities regulator, it appears that the SEC is steadfast in demanding a “cash” redemption model rather than alternative model proposed by other issuers, such as BlackRock. On Dec. 14 finance lawyer Scott Johnsson said that ETF applicant Invesco has […]

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Bitcoin ETF: Bloomberg Analyst Cautions Against Extreme Expectations
u.today

Top analyst pours cold water on $100 billion inflow expectations on Bitcoin ETF

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Coinbase Unveils Plans for Enhanced Spot Markets and Reduced Latency
www.financemagnates.com

Coinbase is expanding its global footprint by improving spot markets for perpetual futures traders to enhance the overall trading experience. The approach includes the strategic placement of servers worldwide to reduce latency. In the initial phase, Coinbase will list BTC-USDC and ETH-USDC pairs on December 14, exclusively through API access for non-US institutional clients. Global […]

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Bitcoin Sees Surge In Whale Activity, Will This Affect Price?
www.newsbtc.com

Recent reports have revealed that Bitcoin (BTC) is experiencing a significant surge in whale activity, which has since caused quite a stir in the entire crypto community. Bitcoin Experiences Surge In Whale Transactions  According to Whale Alert, Bitcoin has been displaying a surge in whale transactions over the past 24 hours.  The crypto tracker recently […]

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Circle CEO Jeremy Allaire Says Stablecoin Industry Will See ‘Explosive’ Growth in Coming Years
dailyhodl.com

Circle CEO Jeremy Allaire says that the stablecoin industry is set to flourish in the coming years. In a new interview with CNBC Television, Allaire says that the modern features of stablecoins will allow the industry to see explosive growth over the next few years as demand for online digital dollars rises. “Digital dollars that […]

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Future Crypto Trends: Rebel Satoshi and Terra Classic Set to Challenge ORDI’s Dominance
nulltx.com

TLDR New meme coin RebelSatoshi combines a revolutionary goal and DeFi rewards Binance proves a positive influence in the recent Terra Classic rally ORDI dips slightly below $50 after sentiment expressed by Bitcoin developer The crypto market is in a buying frenzy, as old coins like Terra Classic (LUNC) and recent ones like ORDI (ORDI) […]

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Coinbase Unveils Project Diamond for Institutional Asset Management
cryptopotato.com

Coinbase and Coinbase Asset Management have introduced “Project Diamond,” a platform powered by smart contracts. This new system aims to enable institutions by facilitating the seamless creation, administration, purchase, and sale of various digitally native assets directly on the blockchain. “Project Diamond” According to the official announcement, Coinbase Asset Management has specified that the initial […]

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IMF chief says rules, infrastructure needed to prevent crypto risks – The Economic Times
www.google.com

cryptocurrency · innovation · monetary policy · crypto risks · financial stability. Stay on top of technology and startup news that matters. Subscribe …

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Bitcoin Fluctuates Amidst Increasing Institutional Acceptance
bitcoinmagazine.com

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin has seen a slight reversal in its ongoing rally over the last months of 2023. […]

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Yearn.finance pleads arb traders to return funds after $1.4M multisig mishap
cointelegraph.com

A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted.

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