Cryptocurrency - news

A federal judge has given Eric Council Jr., who pleaded not guilty to compromising the SEC’s X account, permission to travel to North Carolina between Dec. 23 and 29.

Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL’s price has been in a retrace, dampening the hype surrounding the cryptocurrency. The prolonged decline has left investors uncertain about the next move for Solana, with many questioning whether it can regain its bullish momentum. Related Reading: XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon Top analyst Jelle recently shared a technical analysis on X, shedding light on Solana’s current setup. According to Jelle, Solana has formed a falling wedge pattern—a classic bullish formation—into what was once a critical resistance level. The price has confirmed this level as support, providing a potential foundation for a significant rally in the near term. If the support holds, it could reignite bullish sentiment and position Solana for another strong run. However, a failure to sustain this level may signal [...]

The draft executive order by the Bitcoin Policy Institute seeks to extend the conversations regarding the U.S. establishing a strategic bitcoin reserve. Establishing Bitcoin as a National Asset for Americans The Bitcoin Policy Institute has drafted an executive order for President Trump‘s consideration aimed at establishing a strategic bitcoin reserve. The draft executive order seeks […]

The ETF, which Grayscale spun off from its older Grayscale Bitcoin Trust, now holds around $4 billion in assets.

The cryptocurrency market is facing a short-term correction after a sustained bull run since early November. Among the altcoins, Binance's native token, BNB, has dropped 1.5% in the past day but is up 1.64%.This is despite the latest legal challenges facing the exchange in Australia. The Australian Securities and Investments Commission (ASIC) is suing Binance Australia. The lawsuit claims the crypto exchange giant misclassified over 500 retail investors as wholesale clients, denying them essential protections under Australian financial law. More than $100 Billion Market CapCurrently ranked sixth with a market capitalization of $103 billion, the digital asset is changing hands at $717 behind Solana, which traded at $216 at the time of publication with a slightly higher market capitalization. ASIC's alleged oversight by the exchange, which spans 2022 and 2023, could reportedly have exposed clients to significant financial risks. The case involves the classification of 83% of its [...]

Key Takeaways: Deutsche Bank is developing an Ethereum-based Layer 2 blockchain using ZKsync in a way that will enhance the level of compliance in regulated financial systems. The initiative, known The post Deutsche Bank is Building on Ethereum to Modernize Finance appeared first on CryptoNinjas.

OpenSea told Cointelegraph that the foundation in the Cayman Islands was a registered entity.

The Ohio Bitcoin Reserve Act seeks to incorporate bitcoin into the state’s financial reserves while diversifying its investment portfolio. Rep. Merrin Wants Bitcoin in Ohio’s State Treasury Ohio State Representative, Derek Merrin has introduced the Ohio Bitcoin Reserve Act, a legislative bill granting the state treasury the authority to invest in bitcoin (BTC). This bill […]

PRESS RELEASE. December 18, 2024 – Roam, the leader of decentralized global open wireless network, announced a major milestone today: the Roam Network has surpassed 1 million active WiFi nodes, supported by over 1.7 million registered users across 190+ countries and regions. This achievement highlights Roam’s continued success in delivering innovative solutions to create a […]

The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.

Cryptocurrency traders in Hong Kong now have a choice of seven platforms for buying and selling four cryptocurrencies.

In the world of finance, where traditional investments like stocks and bonds have long been.. The post Decoding MicroStrategy’s Bitcoin Strategy: Ponzi Scheme or Genius Investment? appeared first on 99Bitcoins.

National Assembly member Kim Nam-kuk left South Korea’s Democratic Party in 2023 after allegations of cashing out $4 million in crypto holdings.

Deutsche Bank is reportedly creating a layer-2 (L2) blockchain solution on Ethereum using ZKsync technology. The initiative aims to address compliance challenges in using public blockchains within regulated financial systems, according to Bloomberg.The L2 solution is part of Project Dama 2, designed to enhance transaction efficiency and incorporate regulatory safeguards. It will integrate with Ethereum while maintaining alignment with financial compliance requirements.Project Dama 2 and ComplianceProject Dama 2 is linked to the Monetary Authority of Singapore’s Project Guardian, which involves 24 financial institutions exploring blockchain-based asset tokenization. Deutsche Bank’s approach curates a network of trusted validators and grants regulators oversight capabilities to reduce risks, such as interactions with sanctioned entities.The initiative reflects a broader effort by Deutsche Bank to leverage blockchain technology while addressing regulatory barriers. Success could [...]

On December 14, 2024, a dormant whale wallet made ripples in the cryptocurrency market by transferring 2.1 trillion PEPE tokens worth over $52 million. This large transfer, which occurred after 600 days of inactivity, has spurred excitement and speculation about a possible price increase for the popular meme coin. Related Reading: Solana Poised For Growth In 2025 With Record $173 Million Q3 Funding—Report Analysts are keenly tracking PEPE’s moves, anticipating a probable rebound that might take its value to $0.00005 or higher. Whale Activity Indicates Potential Surge The current whale behavior is notable in the cryptocurrency market because massive transfers can reflect trust in an asset or predict future price swings. Historically, similar fluctuations have preceded large price hikes. The whale that executed this transfer originally purchased the tokens for 0.0135 ETH (about $27), resulting in an amazing return on investment of roughly 1.9 million percent. A $PEPE whale that had been [...]

Investors in the round include Brevan Howard Digital, Haun Ventures, Lightspeed Faction and Galaxy Ventures.

Months ahead of schedule, Ink has launched as strong interest from builders spurred accelerated development of infrastructure and investment in testing. The post Ink fast-tracks Layer 2 mainnet launch, driving DeFi development boom appeared first on Kraken Blog.

Kraken Institutional is proud to announce that its institutional crypto custody solution, Kraken Custody, now offers integrated OTC trading. The post Automated OTC trading now available on Kraken Custody appeared first on Kraken Blog.

Memecoins are criticized for being useless, despite being heaps of fun and a path to riches. Here are the 5 real uses for useless memecoins.

We’re thrilled to announce that Moo Deng and Peanut the Squirrel are now available for trading on Kraken! Funding and trading Moo Deng and Peanut the Squirrel trading will be live as of 15:00 PM UTC today, December 18, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re […] The post MOODENG and PNUT are now available for trading! appeared first on Kraken Blog.

Daniele Bernardi shares key insights into the future price of Bitcoin.

Is adding Bitcoin to U.S. reserves a sign of weakness or strength? Let me tell you why Nic Carter has it all wrong.

Arthur Hayes published a “Trump Truth” blog post forecasting a massive crash in crypto markets following Donald Trump’s presidential inauguration in January.

XRP whales have been on a buying spree as blockchain payments company Ripple officially launched its dollar-backed stablecoin, RLUSD, on several global crypto exchanges this Tuesday. The stablecoin is now available for trading on platforms Bitso, Uphold, CoinMENA, MoonPay, and Archax, with additional listings expected soon. Ripple RLUSD Stablecoin Launches Amid Price Volatility RLUSD is designed to maintain a stable value in line with the US dollar and is compatible with both the Ethereum (ETH) blockchain and the XRP Ledger (XRPL), the latter being developed by Ripple Labs alongside XRP.  However, shortly after its launch, RLUSD experienced some volatility, trading at $1.50 on MoonPay early Tuesday—an unexpected premium above its intended value, Fortune Magazine confirmed. Related Reading: Ethereum Reaches $4,100 For The First Time In Over Three Years, Aiming For $5,000 Next David Schwartz, Ripple’s Chief Technology Officer (CTO), had anticipated potential price discrepancies in a [...]

17-year-old Ishaana Misra was awarded Chaincode Labs' inaugural Bitcoin Scholarship, making her the youngest ever contributor to Bitcoin Core.

Bitcoin surged to a historic high above $106,000 on Monday,16 December 2024. In a development that.. The post With Bitcoin Skyrocketing, Luxury Brands Consider Embracing Crypto Payments appeared first on 99Bitcoins.

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how El Salvador might leverage its newfound gold reserves to increase its bitcoin stash, becoming richer in just one trade. Latam Insights Encore: El Salvador Might Follow Michael Saylor’s Playbook, Using Gold […]

PancakeSwap SpringBoard makes launching tokens easy with a no-code solution. This guide explores its features and role in transforming DeFi.

Crypto analyst Charting Guy has provided a major update on the Bitcoin price action as BTC hit a new all-time high (ATH) at $108,000. The analyst drew similarities between the current price and that of 2023 while revealing what could happen next for the flagship crypto.  What Next As Bitcoin Price Mirrors 2023 Move In an X post, Charting Guy revealed that the Bitcoin price is still following 2023. The analyst predicted that the flagship crypto could hit the $110,000 to $120,000 area on this leg up, with this surge expected to happen later this week or early next week. Bitcoin looks to already be on its way to this price target, having recently hit a new ATH at $108,000.  Related Reading: Analyst Who Correctly Predicted The Fantom Breakout Above $1 Reveals What’s Next In The Parabolic Trend Charting Guy also predicted that the Bitcoin price would tap the resistance on the daily Relative Strength Index (RSI), forming a triple bearish divergence, marking a slight local top for the [...]

Donald Trump hosted Crypto.com CEO Kris Marszalek to talk about Trump Bitcoin Reserve and Ohio.. The post Trump Meets Crypto.Com Over Bitcoin Reserve, Ohio Is Next appeared first on 99Bitcoins.

Bitcoin's drop comes ahead key Federal Reserve interest rate decision, with a potential further decline that could take BTC price to $92,000.

President Trump’s speech re-echoed his openness to engage in key crypto policy to position the U.S. as a global crypto powerhouse. U.S. Government Wants to Lead the Way on Bitcoin Donald Trump, incoming U.S. president delivered a goodwill speech at the crypto policy summit in Washington organized by the Blockchain Association. In his speech, Trump […]

The cryptocurrency landscape stands at a historic crossroads as the battle between XRP and the Securities and Exchange Commission (SEC) enters its most critical phase. Since December 2020, this legal confrontation has shaped the future of digital asset regulation, with implications reaching far beyond the immediate case. The potential impact of Donald Trump’s election adds another layer of complexity to an already intricate situation. The Evolution of SEC’s Cryptocurrency Stance Under SEC  Chair Gary Gensler’s leadership, the commission has maintained an aggressive enforcement approach toward digital assets. The SEC’s strategy of classifying various cryptocurrencies as securities has led to numerous enforcement actions against industry players. This strict interpretation of securities laws has particularly affected the relationship between Ripple and Coinbase, with many exchanges temporarily delisting XRP following the initial SEC lawsuit. Related Reading: 3 Reasons Ripple (XRP) Could [...]

The Senate Banking Committee has canceled a planned vote on the reappointment of Caroline Crenshaw.. The post SEC Reappointment Of Caroline Crenshaw Canceled By Senate Banking Committee appeared first on 99Bitcoins.

Some crypto community members have criticized Coinbase for not giving technical reasons for delisting wBTC and justifying its decision by citing Justin Sun-linked risks.

A concerning trend has emerged among young UK investors who are making crucial financial decisions at an alarming speed, with two-thirds finalizing important investment choices in less than 24 hours.Moreover, according to the country’s market watchdog, they fail to see the difference between purchasing a hyped air fryer or smartwatch and buying Bitcoin or another trading product.Young Investors Rush Investment Decisions, FCA Study WarnsThe Financial Conduct Authority's (FCA’s) survey of 2,000 UK investors aged 18–40 reveals a striking pattern of rapid-fire investment decisions. A significant 14% of respondents make investment choices in under an hour, while only 11% take more than a week to evaluate opportunities.The digital landscape heavily influences modern investment behavior. An overwhelming 85% of young investors acknowledge the significant impact of platforms like Instagram, TikTok, and YouTube on their investment decisions. More notably, 43% rely on these platforms as [...]

PRESS RELEASE. Innovative Crypto Project Aims to Revolutionize Whale and Ocean Conservation with Community-Driven Funding and Real Utility The world of cryptocurrency is no stranger to bold promises, but Oh Whale stands apart by merging blockchain technology with a mission for real-world impact. The project has officially launched its presale, offering early supporters a chance […]

The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec. 16 blogpost, the decision was reached after an extensive decentralized autonomous organization (DAO) […]

Bitwise’s new Solana staking ETP enters the European market with competitive rewards and low fees.

You can buy a car with Bitcoin in 2025 — explore the benefits, risks and top crypto-friendly dealerships, along with essential tips for a smooth purchase.

Ethereum spot exchange-traded funds (ETFs) have logged 16 consecutive days of positive daily inflows, renewing optimism for ETH’s potential new all-time high (ATH) in the coming weeks. However, for ETH to reach this milestone, it must surpass the critical resistance level of $4,000. Ethereum Spot ETFs Attracting Consistent Inflows According to data from SoSoValue, Ethereum spot ETF inflows have remained consistently positive since November 22. The cumulative net inflows total $2.32 billion, with a significant $1.5 billion added between November 22 and December 16 alone. Related Reading: Ethereum Finally Set For A New All-Time High? Here’s What Analysts Say Breaking it down by weekly inflows, the week ending December 13 saw net inflows of $854.85 million, closely followed by $836.69 million during the week ending December 6. Moreover, the total net assets held by Ethereum ETFs have climbed to $14.28 billion, which represents approximately 2.93% of ETH’s total circulating supply. [...]

As we approach the end of the year, Bitcoin (BTC) continues flying to new highs, setting bullish expectations for the rest of the cycle. Bitfinex’s latest reports suggest when BTC’s peak could come and how much climbing might be left for the flagship crypto. Related Reading: Bitcoin To Hit $180,000 If These Cycle Top Indicators Are Absent, Says VanEck’s Sigel Bitcoin’s ‘Unique’ Cycle In its latest Alpha Report, Bitfinex highlighted the crypto industry’s big strides in adoption and mainstream recognition this year, which have differentiated this cycle from previous ones. Notably, the launch and increasing institutional demand of Bitcoin and Ethereum spot exchange-traded funds (ETFs) have surpassed expectations and attracted a “new class of investors” to the crypto space. Per the report, this cycle has been “unique” as these new investors brought by ETFs and increasing confidence in the sector sent BTC’s price to a new ATH ahead of the Halving event, historically leading the flagship [...]

The Bitcoin funding rate over the 30-day EMA signals “no visible signs of late-cycle overheating,” according to a crypto analyst.

Key Takeaways Ohio lawmakers seem particularly passionate about cryptocurrency. In today’s turbulent global economy, their willingness to test new financial solutions like Bitcoin is both bold and refreshing. Texas and The post Ohio Takes the Lead in the Cryptocurrency Race: Is Bitcoin Becoming a State Reserve Asset? appeared first on CryptoNinjas.

Law enforcement’s swift action seized $900,000 in bitcoin from a Nigerian fraud scheme, and its soaring value may fully reimburse victims of a $1 million scam. Bitcoin Boom: Law Enforcement’s Quick Move Recovers Millions for Scam Victims The U.S. Attorney’s Office for the Western District of Washington announced on Monday that bitcoin seized during a […]

XRP price started a fresh increase above the $2.50 zone. The price is now consolidating gains and might soon aim for a move above the $2.62 resistance. XRP price started a fresh increase above the $2.50 zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.53 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.62 resistance. XRP Price Pops Above $2.50 XRP price started a decent upward move above the $2.50 level, beating Bitcoin and Ethereum. There was a move above the $2.55 and $2.62 resistance levels. The price even spiked above $2.70 before the bears appeared. A high was formed at $2.7267 and the price is now consolidating gains. There was a minor decline below $2.620. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.3272 swing low to the $2.7267 high. The price is now trading [...]

Ethereum price failed to settle above the $4,000 zone. ETH is correcting gains and might struggle to stay above the $3,820 support zone. Ethereum started a downside correction from the $4,100 zone. The price is trading below $3,980 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,940 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $2,820 support zone. Ethereum Price Fails Again Ethereum price struggled to stay above the $4,000 level and underperformed Bitcoin. ETH started a fresh decline and traded below the $4,000 support zone. There was a move below the $3,980 and $3,940 support levels. Besides, there was a break below a key bullish trend line with support at $3,940 on the hourly chart of ETH/USD. The pair even dipped below the $3,850 level. A low was formed at $3,837 and the price is now consolidating losses. Ethereum price is now trading below [...]

The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in the sector. “Looking at price performance, SOL outpaced both ETH and BTC for most of Q4 2024,” notes the analytics firm. “However, since early December, ETH has taken the lead, outperforming the other two assets.” As it stands right now, Bitcoin is up around 18% over the past month, Ethereum 28%, and Solana 3%. Thus, SOL has clearly fallen off after being the market leader just earlier. Related Reading: Bitcoin Top Here? What Historical HODLer Selloff Pattern Says What could be behind this shift in the market? The answer to the question could lie in the capital flows that these cryptocurrencies have recently been observing. In order to estimate the capital [...]

Pantera Capital founder Dan Morehead backs the U.S. proposal for a strategic bitcoin reserve, urging a pivot from gold to “digital gold” to secure financial leadership. Dan Morehead Champions US Bitcoin Reserve Proposal Dan Morehead, founder and managing partner of hedge fund and venture capital firm Pantera Capital, appeared on CNBC’s ‘Fast Money’ last week […]

In a post on X dated December 17, 2024, Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, shared his personal top three predictions for the crypto sector in 2025. His insights come at a time when the crypto market has experienced significant growth, and after Bitwise released its annual top 10 crypto predictions for the next year. #1 Bitcoin Structured Products Surge Park predicts that by 2025, Bitcoin structured products will see an asset influx of at least $5 billion. He states, “The cold, hard truth is that most private wealth managers and institutions remain hesitant about taking on directional Bitcoin exposure.” Related Reading: Crypto Watchlist: Top 5 Coins To Watch This Week He elaborates that products like buffered notes and principal-protection ETFs will be pivotal in bridging this gap, offering tailored exposure to Bitcoin’s volatility to meet institutional preferences. “I predict that buffered notes, principal-protection ETFs, and similar instruments will [...]