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(Crypto News)-02/01/2025Bitcoin has faced challenges reclaiming the $100,000 support level over the past few days, reflecting short-term market hesitation.However, the broader macro perspective indicates that BTC remains poised for significant gains heading into 2025, with bullish sentiment gradually taking hold.Bitcoin’s New High May Not Be A Long ShotThe aggregate cost basis for short-term holders (STHs) […]

(Crypto News)-02/01/2025Although Ethereum is currently up by about 46% from the starting point at the beginning of 2024, December has been underlined by a notable correction. This correction saw Ethereum declining noticeably from a $4,000 price point in the middle of the month, and it now finds itself consolidating below $3,400.Crypto analyst Trader Tardigrade recently shared a […]

(Crypto News)-02/01/2025WallStreetBets founder Jaime Rogozinski has used the recent XRP surge to speculate on its potential if the broader crypto market cap hits $5 trillion.XRP remains one of the top gainers in the latest bull rally, soaring by over 400% within a month. Specifically, XRP’s price surged to a seven-year high of $2.86 on December […]

(Crypto News)-26/12/2024MicroStrategy, the largest corporate holder of Bitcoin, has proposed a substantial increase in its authorized shares to enhance its ability to pursue its Bitcoin-focused strategy.The software company is seeking shareholder approval to raise its Class A common shares from 330 million to 10.33 billion and its preferred shares from 5 million to 1.005 billion, […]

(Crypto News)-26/12/2024The US Federal Bureau of Investigation (FBI) and Japan’s National Police Agency, noted that a North Korean hacking group, TraderTraitor, orchestrated the infamous Japanese exchange DMM Bitcoin hack.In May, the exchange lost 4,502.9 Bitcoin, comprising 48.2 billion yen ($305 million) worth of customer funds.Per FBI’s statement, the theft is affiliated with TraderTraitor threat activity, which targets […]

(Crypto News)-26/12/2024Singapore and Hong Kong have tried to attract crypto businesses this year; however, Singapore has led by approving 13 crypto licenses.According to a Bloomberg report, Singapore onboarded top crypto firms, including OKX, Upbit, and Anchorage, to its shores in 2024. The crypto license approval this year is more than double the licenses awarded last year, it added.However, […]

(Crypto News)-26/12/2024President-elect Donald Trump could issue an executive order pertaining to the crypto sector on his first day in office following his presidential inauguration on January 20, Reuters reported Monday.Will Donald Trump Deliver On Crypto Executive Order?According to the December 23 article, two unnamed sources with knowledge of the situation confirmed to the media outlet […]

(Crypto News)-26/12/2024The Russian government has approved a decree banning cryptocurrency mining in 10 regions from January 1, 2025, until March 15, 2031, according to a report by TASS.The decision aims to address energy concerns and includes seasonal restrictions in key mining areas to prevent power outages.The ban targets regions with limited energy resources or those heavily reliant on […]

Ethereum’s largest whale wallets now hold 57% of the total Ether (ETH) supply, marking an all-time high for whale dominance in the Ethereum ecosystem.According to blockchain analytics platform Santiment, the top 104 whale wallets, each holding over 100,000 ETH, collectively control around $333 billion worth of Ether.The accumulation trend among these large holders suggests growing confidence […]

Hong Kong has announced its commitment to implementing the Crypto-Asset Reporting Framework (CARF), an initiative to enhance international tax transparency and combat cross-border tax evasion.This announcement, made at the OECD Global Forum on Transparency and Effective Exchange of Information in Tax Matters, aligns with the global effort to address the crypto-asset market’s challenges.The CARF, introduced by the […]

Russian banks are worried they will be burdened with costs when the nation’s central bank rolls out its CBDC, the digital ruble, next year.The bank last week said that it would release the coin to the public on July 1, 2025.Digital Ruble Doubts?The radio broadcaster Avto Radio reported that the First Deputy Chairman of the Central Bank, Vladimir […]

The UK regulator (FCA) has issued a warning against Solana-based meme coin and NFT project Retardio, for promoting unregulated financial services.On Monday, the United Kingdom’s Financial Conduct Authority (FCA) noted that the project is “not authorized.” Authorities have asked users to “avoid dealing with this firm and beware of scams.”“Almost all firms and individuals must be […]

(Crypto News)-18/12/2024ApeX Protocol, a decentralized exchange (DEX) for derivatives trading, released a study evaluating countries through three core metrics. The factors include blockchain patents, jobs in blockchain and the number of crypto exchanges.“Singapore is first as a global hub for blockchain innovation, excelling in both adoption and infrastructure development,” the study noted. The island nation […]

(Crypto News)-18/12/2024Donald Trump recently picked Paul Atkins as the next Chairman of the U.S. Securities and Exchange Commission (SEC), making good on his pre-election promise to fire incumbent Gary Gensler on his first day in office.But Trump won’t have to fire Gensler at all. The 67-year-old, who has been on a warpath against crypto since […]