Cryptocurrency - news

The current stablecoin market cap is approximately $204 billion, but the sector remains highly centralized.

A UK court ruled in March that Craig Wright was not Bitcoin creator Satoshi Nakamoto, but he continued to file lawsuits “based on asserted intellectual property rights.“

A significant Shiba Inu (SHIB) transfer has caught the attention of traders today, December 19, as an early and highly profitable SHIB whale moved nearly 400 billion tokens. On-chain analysis service Spot On Chain (@spotonchain) highlighted that this well-known early buyer deposited 399.99B SHIB (worth $9.69 million) to Gemini, building on a history of substantial gains after initially acquiring 15.2 trillion SHIB in August 2020 for a mere 10 ETH. Spot On Chain wrote via X: “This early $SHIB whale with a $108M profit just further deposited 399.99B $SHIB ($9.69M) to Gemini in the past hour. Notably, on Aug 7, 2020, this whale bought 15.2T SHIB for just 10 ETH. Now, the whale still holds 2T SHIB ($48.54M) with an estimated total profit of $107.7M (3.7x return) from SHIB.” This is not the first time such profit-taking has occurred by the anonymous whale. In mid-November, Spot On Chain noted that the same early buyer (address “0xd6b”) was “back to offload tokens after 8 months of [...]

A good leader's first priority is to the well being of his people, not the whims of public gossip and banter.

A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “walk up” toward new all-time highs.

Hackers connected to the reclusive nation whose entities are often targeted by US sanctions reportedly doubled the amount of crypto they stole in 2023.

Binance.US announced plans to carry on US dollar services next year, according to a statement by the firm's interim CEO Norman Reed. The company was forced to halt direct US dollar withdrawals last year in a step that resulted from a series of regulatory actions by the US Securities and Exchange Commission (SEC).Binance.US was embroiled in legal disputes with the SEC, including state-level regulatory challenges, which led to operational setbacks. But now, the company is optimistic about forging a road to recovery in 2025.SEC LawsuitAdditionally, Binance.US aims to enhance its platform's value by maintaining low fees, offering zero-fee Bitcoin trading, and expanding support for staking assets. “Many of you have been asking when USD will return. While I can't provide a definitive launch date yet, let me be clear: It is not a matter of if, but when. As I'm writing this, we are closer than ever to restoring USD services, and our plan is to achieve this important milestone in early 2025,” [...]

The Bitcoin market has yet to reach the unsustainable euphoria typically observed at the peaks of previous BTC price bull runs.

The crypto industry faced another tumultuous year in 2024. Cybercriminals stole an unprecedented $2.2 billion.. The post Record-Breaking $2.2 Billion Stolen From Crypto Platforms In 2024, Chainalysis Finds appeared first on 99Bitcoins.

It’s beginning to look like a race as miners scramble to buy Bitcoin before its price keeps rallying.

Forget the mid-December dip – Wall Street Pepe (WEPE) is going from strength to strength. This new meme coin project has raised over $31 million in its token presale event, defying the market cooldown. And many early investors believe it could be the next big crypto success story. WEPE Token Presale Grows Despite Market Downturn […]

El Salvador has agreed to make merchant acceptance of Bitcoin voluntary as part of a $1.4 billion loan agreement with the International Monetary Fund (IMF). Meanwhile, Bitcoin made a bearish move yesterday (Wednesday), causing its price to drop to $100000. The cryptocurrency had reached an all-time high of $108,000 the day before.The country will also scale back its involvement with the Chivo wallet, which has seen limited use, and restrict public sector participation in Bitcoin-related activities. These changes are aimed at reducing El Salvador's debt-to-GDP ratio, according to an IMF statement on December 18.IMF Agreement Limits Bitcoin UseThe agreement, set to last 40 months, requires El Salvador to implement legal reforms, making Bitcoin acceptance voluntary for the private sector. Additionally, public sector engagement with Bitcoin will be confined, with taxes to be paid in US dollars, the country’s official currency. The IMF noted that government involvement in Chivo will be [...]

The Bitcoin price action in the past 24 hours saw it breaking below the $100,000 price mark again very briefly before breaking above it again. Particularly, Bitcoin’s price action in the past 24 hours has been between $98,839.87 and $105,306, highlighting the potential corrections that could occur as the cryptocurrency continues to edge upwards.  This fluctuation comes amid a broader bull market cycle that analysts like CryptoCon suggest is far from over. Bitcoin Crash Below $100,000 Not The End Crypto analyst CryptoCon has been a consistent voice in tracking Bitcoin’s movements using Fibonacci extensions during the current market cycle. Back in August, when Bitcoin was hovering around $60,000, CryptoCon projected a surge to $109,236 by December. This prediction was based on the 0.618 Fibonacci extension and eventually played out with remarkable accuracy. Related Reading: Cardano Price Eyes Recovery Toward $2 As Million-Dollar Whale Transactions Explode On The Network Since first [...]

The Great Reset is capitalism’s midlife crisis—a radical plan to overhaul the global economy, unveiled.. The post Forget “The Great Reset,” Embrace the “Great Narrative” appeared first on 99Bitcoins.

The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a “long-standing” US institution.

Ilya Lichtenstein urged his social media followers not to blame his wife — also implicated in money laundering — for the 2016 Bitfinex hack.

Martin Shkreli, also known as “Pharma Bro,” has doubled down on his position of shorting Microstrategy, the public company that owns the most bitcoin. Answering a social media post criticizing his pessimistic stance on Microstrategy and bitcoin, and asking if this was the right call to make, Shkreli replied it absolutely was. In a recent […]

As 2025 draws near, market experts are talking a lot about how much Ethereum and Solana are competing with each other. Both cryptocurrencies have grown by leaps and bounds in 2024, nevertheless, perspectives vary on which will finally prevail in the altcoin industry in the forthcoming year. Related Reading: XRP Will Create Millionaires, Analyst Declares In Wealth Projection The Swift Ascendancy Of Solana Solana’s outstanding numbers have attracted interest. It outperformed Ethereum in several important benchmarks in December, including application income and decentralized exchange (DEX) volume: Solana brought in about $141 million in application income; Ethereum earned $93.56 million. Moreover, Solana’s decentralized exchange volume attained an impressive $67.43 billion, in contrast to Ethereum’s $52.37 billion. This development has prompted several experts to forecast that Solana may surpass Ethereum as the preeminent cryptocurrency by 2025. Analysts credit Solana’s success to its [...]

NFT Collector Wale reveals the one true sign to look out for that NFTs are set to reclaim their 2021 bull market heights.

Mayor Ken Sim isn’t just paying lip service to Bitcoin supporters when it comes to his pro-Bitcoin rhetoric and proposals — he’s a true believer.

MARA Holdings has purchased 15,574 bitcoin worth $1.53 billion at approximately $98,529 per bitcoin using the proceeds from its zero-coupon convertible notes offerings. In November and December, the zero-coupon convertible notes generated $1.925 billion for MARA along with the repurchase of approximately $263 million in principal amount of its current convertible notes due in 2026. […]

Worried about bitcoin’s pullback? Let me explain why this dip is nothing but a healthy pause in the bull run.

In return for a loan deal with the IMF, El Salvador had to give up some of its pro-bitcoin policies. It only made the Bitcoin law better.

RLUSD, a stablecoin by Ripple Labs, is pegged to the US dollar, ensuring a 1:1 value backed by cash or equivalents.

PRESS RELEASE. XRP Healthcare (XRPH) is transforming healthcare through blockchain, AI, and real-world solutions. Built on the XRP Ledger, XRPH uniquely combines scarcity, innovation, and utility to address global healthcare challenges. With a fixed total supply of 100 million tokens and its issuing account black-holed, no additional tokens can ever be created. This ensures long-term […]