Cryptocurrency - news

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) […]