Cryptocurrency - news

The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix […]

Ripple’s XRP dropped nearly 10% in the past day as the crypto market faced downward pressure. This downtrend, which has wiped 7% off the global market cap, followed a federal reserve rate cut and a significant outflow from Bitcoin-focused ETFs. The Federal Reserve's announcement of a 0.25% rate cut, coupled with Jerome Powell’s cautious outlook for 2024, triggered a wave of selling in crypto markets. Data from CoinMarketCap shows that the overall crypto market capitalization is down 7% to $3.28 trillion. Federal Reserve Sparks Market SelloffWhile the rate reduction was widely anticipated, Powell’s suggestion of a pause in monetary easing caught investors off guard. Inflation concerns and uncertainty around fiscal policies added further pressure.Adding to the turmoil, spot Bitcoin ETFs reportedly recorded massive outflows, with more than $600 million withdrawn in just 24 hours. High-profile ETFs like Fidelity’s FBTC and Grayscale’s BTC accounted for the biggest share, CryptoPotato [...]

Accessing Bitcoin and crypto just got easier. Bitcoin.com has dramatically expanded its supported payment methods in over 190 countries, making it simpler and more affordable for people everywhere to buy and sell crypto. This enhanced functionality, powered by Onramper, allows users to seamlessly on- and offramp between fiat and crypto using the payment methods that […]

Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K.

Bitget, a cryptocurrency exchange and Web3 company announced a partnership with Tron, a blockchain network known for its role in onchain settlement. Bitget Joins Forces With Tron According to the news shared with Bitcoin.com News, the collaboration includes Bitget‘s $10 million purchase of Tron’s native token, TRX. The Seychelles-based exchange cited Tron’s extensive adoption as […]

PRESS RELEASE. Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic collaboration with SunPump, the premier memecoin fair launch and trading platform on the TRON network. This partnership signifies a monumental stride in the development and expansion of TRON’s burgeoning memecoin ecosystem, unlocking a plethora of opportunities for groundbreaking projects and community-centric […]

A new multi-territory licensing agreement between Audius and ICE opens up royalty opportunities for over 330,000 music rights holders.

Blackrock’s recently posted video explaining the basics of bitcoin to investors has raised questions about the staying power of the so-called hard cap issuance limit. In the video, Blackrock explains that there is “no guarantee” that the 21 million supply cap will not be changed, opening a debate on the ossification of the top cryptocurrency. […]

Users of the Ledger series of hardware wallets are being targeted as part of a widespread phishing campaign that takes advantage of earlier data leaks. Some users have received emails alerting them to a data breach that could have exposed their seed phrases to attackers. Ledger Users Receiving Data Breach Emails in Phishing Campaign Attackers […]

Crypto.com has extended its partnership with Formula 1 through 2030, building on their 2021 collaboration to enhance mutual growth and value. This renewed deal comes as the cryptocurrency market remains volatile, with Bitcoin's price dipping below $100K following Federal Reserve Chairman Jerome Powell's cautious comments about potential rate cuts in 2025.Crypto.com Extends Formula 1 Deal“Formula 1 was one of our first global sports partnerships and a key driver in elevating Crypto.com to the most recognized crypto brand in the world,” said Steven Kalifowitz, Chief Marketing Officer of Crypto.com. “We are as bullish as ever about the future of crypto,” he added. “We can confidently say crypto is here to stay, and we are excited to keep the momentum going with Formula 1.”During the partnership, Formula 1 has witnessed seismic growth, achieving a cumulative TV audience of 1.5 billion, 750 million fans globally, and 96 million social media followers. Similarly, Crypto.com expanded its [...]

The most recent global crypto survey organized by Binance has offered insight into the current state of the market. The survey, which polled nearly 28,000 users, shows that 23.89% believe that artificial intelligence (AI) tokens will gain traction and lead the market this upcoming year. Nearly 20% of the responders expect governments to enact more […]

The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September.

Investigators in Ontario, Canada, have successfully thwarted the theft of over $70 million in cryptocurrency. .. The post What Is Project Atlas? $70M Saved In Global Operation Led By Ontario Police In Canada appeared first on 99Bitcoins.

An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has talked about the TD Sequential signal that four different altcoins have seen on their 4-hour charts. The “TD Sequential” is an indicator from technical analysis (TA) used to locate probable turnaround points in a given asset’s price. Related Reading: Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day The indicator involves two phases: the setup and countdown. During the first of these the setup, candles of the same color are counted up to nine. The nine candles don’t have to be consecutive. Once the counter hits nine, the setup is said to be complete, and the price could be assumed to have reached a reversal location. If the candles leading up to the setup’s completion were green, the TD Sequential would [...]

Diminishing user activity and stiff overhead resistance are driving Cardano’s prices lower today, with bears focused on driving ADA lower toward $0.80.

PRESS RELEASE. AffPapa is happy to announce that the iGaming Club Barcelona 2025 will take place at the chapel of the Convent dels Àngels, a gothic masterpiece dating back to the 16th century. Located in the MACBA Museum of Contemporary Art in Barcelona, the venue is now a performing arts theater with rich history, taking […]

Bitcoin ETFs saw a record $671.9M outflows on Dec. 19, coinciding with Bitcoin’s price dip and marketwide liquidations.

Hailey Welch, popularly known as the “Hawk Tuah Girl,” has been absent from public view for two weeks, igniting a wave of controversy surrounding her cryptocurrency project, the Hawk Tuah (HAWK) memecoin.  Welch, who gained fame through her podcast “Talk Tuah,” last communicated with her audience by stating she was “going to sleep,” shortly before the value of her memecoin plummeted by a staggering 95%. Investors Sue Hailey Welch Over Alleged Memecoin Fraud The fallout from the rapid decline in the Hawk Tuah token has been swift, with disappointed investors taking legal action against Welch and several associated entities.  The lawsuit, filed on behalf of affected investors, accuses Welch, the Tuah The Moon Foundation, OverHere Ltd., its executive Clinton So, and coin promoter Alex Larson Schultz of orchestrating a fraudulent “rug pull.”  Related Reading: Interest Rate Cut Impact: Bitcoin Price Reaction Unraveled With Future Projections According to court documents obtained by [...]

Influencer Hailey Welch is MIA, her coin is DOA, and investors are ready to throw punches—but not before Googling, “Hailey Welch dead?” If you’ve been anywhere near the internet lately, you’ve probably seen the name Hailey Welch trending for all the wrong reasons. Once celebrated as the “Hawk Tuah Girl”—the face of a meme coin that promised absurd profits—Welch has gone radio silent. Her disappearance has sparked a wave of Google searches for “Hailey Welch dead,” adding a dark twist to an already murky situation.Spoiler alert: There’s nothing to suggest she isn’t alive and kicking, but her meme coin and credibility are certainly lifeless.Hailey Welch—From Promoter to PariahWelch’s rise as a crypto influencer was meteoric. Backed by flashy videos, viral memes, and enough buzzwords to fill a white paper, Welch and her “Hawk Tuah” coin promised investors they’d “soar to financial freedom.” It was all backed up by a charismatic pitch, which drew in thousands of hopeful buyers.UPDATE: [...]

It’s crucial to securely back up and store your seed phrase in multiple safe places, ensuring that you’re the only one who can access it when needed.

Solana faced heightened volatility yesterday, dropping 7% following the Federal Reserve’s announcement of a 25 basis point rate cut and fewer projected cuts for 2024. Despite the sell-off, Solana’s price action remains resilient as it managed to hold above a critical support level, reinforcing confidence in its ability to weather macroeconomic shifts. Related Reading: Ethereum Whales Load Up: Bullish Sign Or Bear Trap? While the market reacted to the Fed’s cautious tone, Solana’s on-chain metrics tell a more optimistic story. The number of daily transactions on the Solana network has surged, nearing 67 million, reflecting growing adoption and sustained network activity. This robust transaction volume highlights Solana’s position as a leading blockchain platform, with developers and users continuing to rely on its scalability and efficiency. Analysts suggest that holding above its key support level could position SOL for a strong rebound, particularly if broader market conditions [...]

Before yesterday’s plunge, Bitcoin recent rally was able to propel the asset to a new all-time high of $108,000, marking another significant milestone in its upward trajectory. However, according to latest analysis, this notable price surge is accompanied by signs of potential market volatility, as long-term holders begin to exhibit selling activity. Attention has been turned to the Binary Coin Days Destroyed (CDD) metric, a critical tool for assessing the behavior of long-term Bitcoin holders. Related Reading: Bitcoin Breaks ATH Pushing Back Into Price Discovery – BTC To $130K? What Do Long-Term Holders Currently Signal? The Binary CDD metric tracks the activity of long-term holders by measuring the number of “coin days” destroyed relative to the total supply. When this metric spikes, it often indicates increased selling pressure from long-term investors. According to a CryptoQuant analyst, ShayanBTC, the Binary CDD metric has recently recorded a sharp increase, coinciding with [...]

El Salvador purchased 11 Bitcoin a day after reaching a $1.4 million IMF loan deal that called for a reduction in public sector engagement in “Bitcoin-related economic activities.”

In a notable development for Donald Trump’s crypto initiative, World Liberty Financial (WL), has reportedly exchanged approximately $10 million worth of wrapped Bitcoin (WBTC) for tokens associated with project adviser Justin Sun, founder of the TRON blockchain.  World Liberty Financial Links With Justin Sun In Major Token Swap According to blockchain data analytics firm Nansen, a digital wallet linked to President-elect’s World Liberty Financial swapped its entire holding of 103 cbBTC tokens for WBTC on a Wednesday operation.  Wrapped Bitcoin serves as a bridge for Bitcoin (BTC) holders to engage in decentralized finance (DeFi) activities on the Ethereum (ETH) blockchain, enabling broader participation in the DeFi ecosystem.  Related Reading: Crypto Expert Predicts Major Altcoin Season As Market Cap Eyes Record Levels Although World Liberty has been marketed as a decentralized finance lending platform, it has yet to become operational as it is still in early stages of development and [...]

Dogecoin started a major decline below the $0.3550 support against the US Dollar. DOGE is now consolidating and might struggle to recover above the $0.350 resistance. DOGE price started a fresh decline below the $0.3650 level. The price is trading below the $0.3550 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.3550 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could struggle to start a fresh increase above the $0.3550 and $0.3650 resistance levels. Dogecoin Price Dips Sharply Dogecoin price started a fresh decline from well above $0.400 like Bitcoin and Ethereum. DOGE traded below the $0.380 and $0.3650 support levels. It even spiked below $0.320. A low was formed at $0.30 and the price is now consolidating losses. It recovered some points and climbed above $0.320. It tested the 23.6% Fib retracement level of the downward move from the $0.4096 swing high to the $0.300 low. Dogecoin [...]