MicroStrategy has bought 15,350 BTC for about $1.5 billion from December 9 to December 15, 2024. This purchase is significant because it’s the first time the company has bought Bitcoin for more than $100,000 each. MicroStrategy now holds a total of 439,000 BTC, worth about $27.1 billion, after this recent acquisition. The company’s plan, guided…
Ripple’s RLUSD stablecoin debuts with full U.S. dollar backing, ensuring stability, liquidity, and compliance with regulatory standards. RLUSD is part of Ripple’s strategy to expand its financial products and establish a larger presence in the digital asset market. RLUSD launches across multiple platforms, with plans to broaden accessibility through additional listings in the coming weeks. …
Cryptocurrency exchange Bybit has announced its decision to cease all digital asset withdrawal and custody services in France, effective January 8, 2025. Citing regulatory challenges, the platform has urged its French users to withdraw their funds before the deadline. What Deadline Should Users Remember? All French users must ensure they withdraw their assets from Bybit…
December 17, 2024 at 07:10 PM GST updated: December 17, 2024 at 06:36 PM 2 mins read News Grayscale’s ETHE leads with $5.87B in net assets, gaining +3.31% at a $33.99 market price. BlackRock’s ETHA posts a $30.72M daily net inflow, with $424.92M traded and 14.01M volume. Total Ethereum Spot ETF inflows reached $2.32B, with…
LayerEdge and Babylon are thrilled to announce their integration, marking a groundbreaking step in decentralized trust and zk-based settlement on Bitcoin, powering Bitcoin’s security for all layers and apps. Babylon’s Euphrates Devnet now powers LayerEdge’s architecture, unlocking a synergy that merges Bitcoin’s unmatched economic security with LayerEdge’s zk-proof aggregation technology. Together, this partnership transforms Bitcoin…
Exodus Movement Inc., the developer of self-custody crypto wallet Exodus, has finally received approval to list its stock on the NYSE American exchange, months after initially encountering a delay from the SEC. According to a statement by the company, the Exodus Movement stock they will trade under the symbol ‘EXOD’ will commence on December 18,…
Global data analytics and AI company, Click, has released the results of a survey involving 4,200 AI decision-makers, shedding light on the current barriers to the widespread adoption of artificial intelligence. The study revealed that the key challenges hindering AI growth include a lack of skilled talent, issues with governance, and insufficient resources. The report…
Home » Journal » Promeet Raises $3.1M in Pre-Seed Funding to Transform Creator Monetization Dubai, United Arab Emirates, December 17th, 2024, Chainwire Promeet, a platform designed to empower creators to monetize content, has successfully raised $3.1M in pre-seed funding. The investment will be used to accelerate…
Cryptocurrency exchange Bybit announced that it will terminate its digital asset withdrawal and custody services in France. The company will cease offering these services to users starting January 8, 2025. Bybit cited existing regulatory barriers in France as the reason for this decision, and users have been given a deadline to withdraw their funds. Users…
Ethereum Foundation sells 100 ETH, adding to 2024 total of 4,466 ETH sold. 70,000 ETH transfer to Binance signals potential market impact, price pause. ETH consolidates near $4,000, with support at $3,900 and resistance at $4,100. The Ethereum Foundation sold another 100 ETH, worth about $420,470. Lookonchain data shows the Foundation has so far sold…
While Donald Trump’s promise of a national Bitcoin reserve for the USA had a great impact all over the world, this BTC call also attracted the attention of European countries. At this point, a French MP, inspired by El Salvador in the face of the European Union’s economic inactivity, proposed a strategic Bitcoin reserve for…
For decades, fútbol’s ecosystem has upheld a status quo that leaves fans disconnected—without a voice, a stake, or a meaningful way to be part of the game they love. Despite fútbol’s global popularity, there has been no unified platform that truly empowers fans or brings them closer to the sport in transformative ways. Founded by…
The cryptocurrency market is hotter than ever as we approach the end of 2024, and investors are scrambling to find the next big opportunity. Whether you’re a crypto newbie or a seasoned pro, this is the moment to dive in, because the potential for massive growth is real. As you look ahead to the new…
As Bitcoin edges closer to its long-anticipated $200,000 milestone, attention is shifting toward PropiChain, an upcoming $0.01 altcoin that analysts predict could become the centerpiece of the 2025 crypto bull run. While Bitcoin continues to dominate headlines and market sentiment, early-stage altcoins with disruptive potential are capturing the interest of investors looking for huge profit….
Nuffle Labs, a universal restaking platform, and Wormhole, an interoperability protocol, have announced a new solution to connect different blockchain networks through native cross-chain restaking. This solution hopes to allow users to restake their assets without relying on token bridges, a process that often carries security risks. The integration uses Wormhole’s (W) messaging system and…
Gros Islet, St. Lucia, December 17th, 2024, Chainwire Zoth, a leading real-world asset (RWA) ecosystem that brings fixed-yield-generating, institutional-grade, high-quality RWAs on-chain, has partnered with Singularity Finance to introduce Zoth Tokenized Liquid Notes Prime (ZTLN-P). Backed by U.S. Treasury ETFs and money market funds (MMFs) managed by trusted asset managers and custodied with Doo Group,…
Ripple’s uptrend is yet to show any sign of weakness, as it is very likely for the asset to hit a new record high in the short term. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has been surging almost vertically since breaking above the 200-day moving average…
The Retardio project promotes a Solana-based non-fungible token (NFT) collection which has gained around $31 million in lifetime sales, as per the NFT tokens data analyzer. The FCA also urged customers to report unauthorized companies by getting in touch with their official channels. The regulator revealed that authorized companies provide more protection to customers when…
15h05 ▪ 3 min read ▪ by Fenelon L. The second edition of the global Web3 survey, conducted by Consensys and YouGov, reveals a growing adoption of crypto and Web3, with notable trends in emerging markets. The study also explores perceptions of blockchain, decentralization, and current challenges, such as AI. Consensys reveals the Web3 trends…
Join Our Telegram channel to stay up to date on breaking news coverage The XRP price dropped 2% in the last 24 hours to trade at $2.51 as of 2:10 a.m. EST on trading volume that skyrocketed 113% to $15.2 billion. This comes as Ripple confirmed in a press release on Monday that its RLUSD…