cryptosheadlines

El Salvador’s $1.4 Billion IMF Deal Puts Bitcoin in the Spotlight—A Mixed Blessing

The recent move by El Salvador to adopt Bitcoin as the legal tender has been an experimental move. However, other trends suggest that the focus of the Central American nation is changing. IMF has reportedly contracted the use of its website for $1.4 billion, but funding comes with the condition that Bitcoin-related services must be restricted. On its…

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MEXC Grows Global Reach with 17 New Languages, Strengthening Its Presence in Emerging Markets

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Giant Altcoin Claimed to Have Been Hacked by the North Koreans Issues Statement

HYPE developer Hyperliquid Labs has addressed recent reports suggesting activity allegedly linked to North Korean hackers, and has firmly denied any such incidents. The blockchain-focused platform said it has not been targeted by North Korean hackers or any other cyberattacks, and the company also assured users that all funds continue to be managed securely. HYPE,…

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Too Late to Ride Bitcoin’s Wave? Here’s Why Altcoins Are the Next Big Thing

As Bitcoin breaks the $100,000 barrier, questions arise about the timing of investment opportunities. While attention has been on Bitcoin’s surge, other digital currencies are making significant strides. Alternative coins are reaching new peaks and gaining momentum. Is the real potential now hidden among these emerging contenders in the cryptocurrency market? The All-Sports Meme Token…

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Crypto Investment Products See Net Inflows Amid Sell-Off Frenzy

There have been positive developments in the crypto investment market following the Federal Reserve’s December 18, 2024 rate cut. The report said this triggered a net inflow of $308 million last week for global digital asset exchange-traded products (ETPs). This positive development happened despite witnessing intra-week outflows and increased market volatility. ETPs Outflows and Volatility…

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Donald Saves Crypto (DONALCRY) Memecoin Will Explode Over 18,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

Donald Saves Crypto could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Donald Saves Crypto (DONALCRY), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days. This is because DONALCRY is set to soon be listed on numerous crypto exchanges,…

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Usual Raises $10M in Series A Round Led by Kraken Ventures and Binance Labs

[PRESS RELEASE – Paris, France, December 23rd, 2024] Usual, the decentralized stablecoin protocol, announces a $10M Series A funding round led by Binance Labs and Kraken Ventures, with participation from Galaxy Ventures, Guy from Ethena, Ondo, Coinbase Ventures, IOSG Ventures, OKX Ventures, Wintermute, Echo, Fasanara Digital, Symbolic Capital, Amber, GSR, Psalion, Hypersphere Ventures, Avid3, FunFair…

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History Suggests Dogecoin Price Primed For Parabolic Rally to $10

Dogecoin price, a leading meme-based cryptocurrency, has dropped over 25% this week amid a broader market downturn. Bitcoin’s price also slipped, falling to $93k, adding pressure to market sentiment. However, analysts suggest Dogecoin could rally to $10, citing historical trends and potential parabolic growth. The recent dip may present a bullish opportunity for long-term investors….

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IRS Says Crypto Staking is Taxable

Following an ongoing lawsuit over the matter, the Internal Revenue Service (IRS) has officially said that crypto staking is taxable. Indeed, the US government has said that staking a cryptocurrency should be followed by a tax liability, according to a new Bloomberg report. The new clarification comes amid an ongoing lawsuit from cryptocurrency investor Joshua…

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