Cryptocurrency - news

Donald Trump has nominated Paul Atkins, a pro-crypto former SEC commissioner, to replace Gary Gensler as SEC chair.

The crypto market is once again making headlines, with Riot Platforms announcing its intention to raise $500 million to acquire more Bitcoin. This decision comes during a historic rally in the cryptocurrency ecosystem, as Bitcoin's price recently reached an all-time high. Riot's move reflects growing confidence in Bitcoin's long-term potential, even as the stakes continue to rise. In a recent update, Riot Platforms revealed plans to raise the capital through a private offering of senior convertible notes.Investment amid Market RallyThese unsecured obligations will mature in 2030, allowing investors to convert them into Riot's common stock. Purchasers will also have the option to buy an additional $75 million in notes shortly after the initial sale. Riot aims to use the proceeds not only to acquire Bitcoin but also for other corporate purposes. As of the end of Q3, Riot Platforms reportedly held 10,427 Bitcoins after producing over 1,100 BTC during the quarter without selling any.Riot [...]

Bitcoin’s failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?

The meme coin sector continues to get more interesting – with Crypto All-Stars (STARS) hitting $10 million in its ICO over the weekend. With billions added to the sector’s value over the weekend, is this new project about to explode when it launches in 11 days? Meme Coin Market Heats Up as Crypto All-Stars Hits […]

Paybis, a cryptocurrency exchange and onramp provider, has integrated PayPal, a widely used online payment system, into its platform to enhance security, accessibility, and ease of use for crypto transactions. At the same time, US President-elect Donald Trump announced the appointment of former PayPal Chief Operating Officer, David Sacks, as his “White House A.I. & Crypto Czar.” Paybis Integrates PayPal for CryptoThe service is currently available in the European Economic Area (EEA) and the UK, excluding Hungary, Croatia, and Iceland. Paybis plans to expand to new regions based on market demand and regulatory compliance. This integration allows users to tap into PayPal's 430 million global users and its familiar interface, simplifying crypto purchases for newcomers.Compared to traditional payment methods like credit and debit cards, PayPal's infrastructure offers higher reliability and a better transaction success rate, often avoiding fraud checks, user errors, and bank declines that [...]

The bitcoin mining machine maker Bitmain is gearing up to roll out a new production line in the U.S., focusing on its application-specific integrated circuit (ASIC) equipment. Bitmain Launches U.S. Production Bitmain shared on Monday through an X post that it plans to kick off a new production line in the United States. “Bitmain is […]

Ethereum is making noise again, with ETH price ticking up steadily and Ether analysts whispering.. The post Ethereum Charts Hint at a Potential New ETH ATH This Week appeared first on 99Bitcoins.

The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases.

The Central Bank of Iran (CBI) has announced the regulation of crypto assets, unveiling a.. The post Iran Opts To Regulate Cryptocurrency Instead Of Enforcing Restrictions appeared first on 99Bitcoins.

The Sushi Price and DAO continue to make headlines with a forward-thinking proposal to reshape.. The post Sushi Price Pumps +95% in a Week Amid SushiSwap Treasury Move appeared first on 99Bitcoins.

Kicking off the week, meme coins are stealing the spotlight amid a widespread dip in the crypto economy. Monday’s trading saw tokens like pepecoin network, fartcoin, and baby doge coin pulling ahead as the few standouts in an otherwise lackluster market. Several Meme Tokens Thrive Despite 3.4% Market Decline The broader crypto economy has dropped […]

Hackers compromised Cardano's X account last weekend to spread false claims about an SEC lawsuit and promote a fraudulent token, according to an announcement by the Cardano Foundation. The cyberattack, which occurred on December 8, caused temporary confusion over Cardano’s native token, ADA. Ranked 9th, Cardano has dropped 6% in the past day, now trading at $1.14 with a market cap of nearly $100 billion. The hacking incident began with a post announcing a new token called $ADAsol. The post falsely claimed it to be a Solana-based upgrade of Cardano’s technology.Cardano Foundation’s X Account CompromisedThe hackers elaborated on this fake initiative through a detailed 13-part thread, citing credible resources like the Cardano Foundation’s official podcast and website. The fraudulent $ADASOL token reportedly garnered over $500,000 in trading volume within an hour, only to crash by 99% when the truth emerged, Cointelegraph reported. They falsely claimed that Cardano would cease [...]