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In its latest Economic and Financial Research Report No. 893, the Bank of Italy (Banca d’Italia) classified Bitcoin peer-to-peer (P2P) services as “Crime-as-a-Service”, citing their suspected role in facilitating money laundering activities. Titled “Money Laundering and Blockchain: Can You Follow Their Footsteps in the Crypto World?” the report sheds light on platforms that enable Bitcoin…
Cardano (ADA), one of the latest DeFi coins in the market, could soar to $6 soon according to a top analyst. The analyst noted that ADA is mirroring the price trajectory from the 2020/2021 period. In other news, a new DeFi project called DTX Exchange (DTX) is making waves across the market. The project has…
In a significant move, Injective (INJ) has officially partnered with Mercado Bitcoin, Latin America’s oldest cryptocurrency exchange. This integration is poised to open doors to decentralized finance (DeFi) for over three million Mercado Bitcoin users. This move is set to offer a seamless getaway from fiat currencies like the Brazilian Real into the world of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple seems set for another boost during the New Year’s surge as DTX Exchange makes its investors happy with a 550% upside potential in 2025. The anticipation in the cryptocurrency market toward the New…
Daddy Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Daddy Pepe (DADDPEPE), a new Solana memecoin that was launched today, is set to explode over 11,000% in price in the coming days. This is because DADDPEPE is set to soon be listed on numerous crypto exchanges, according to…
The Russian government has extended its winter ban on local crypto mining operations to six years as energy consumption in the country rises to alarming levels. About a month ago, the government ordered crypto mining entities to pause their operations for the winter season. However, the ban has now been extended. According to a report…
18h05 ▪ 3 min read ▪ by Eddy S. In December 2024, bitcoin experienced a slight decline of 2.4%, raising questions about the end of the bull market. Despite this drop, BTC remains a winning value for the year, with an increase of nearly 50% in the fourth quarter. A moderate decline in December: Bitcoin…
The Relative Strength Index (RSI) is currently at 57.95, indicating moderate bullish momentum. This value signifies that the market still has room for upward movement before reaching overbought conditions (above 70). Additionally, the RSI signal line near 46.24 shows a possible upward crossover, hinting at a bullish reversal in the near term. The price action…
Why Is Ethereum Up Today? A Season For ETH, Altcoin Ethereum (ETH) is Up Today: Why? The price of Ether is up today, however, its dip toward $2,500 due to the continuing bearish setup in the coming days is possible, spoiling the relief rally. Ethereum’s Ether jumped by 3% in the past 24 hours and…
Pudgy Penguins crypto token PENGU recorded over 600% weekly surge. PENGU token is trading at around $0.036, with more than 30% increase in the last 24 hours. PENGU, the native token of the Pudgy Penguins NFT collection, is witnessing an incredible price surge. Its price gained momentum after Bithumb announced PENGU token listing and large…
Centralized crypto trading platform Bullish has announced the listing of Ripple USD (RLUSD) stablecoin. Despite its global operations, the trading platform said only users in supported regions can trade the new stablecoin. Per its products listing page, the crypto exchange said RLUSD stablecoin is not available to investors in the United Kingdom unless they meet…
US spot Bitcoin and Ethereum ETFs are seeing varied market performance, signaling divergent investors’ interest in the top digital assets. On Dec. 23, Bitcoin ETFs recorded their third straight day of outflows, totaling $226.5 million as investors adjusted their portfolios ahead of the festive period. The BTC ETFs have seen net outflows of more than…
Bernie Moreno, a Republican businessman and cryptocurrency advocate, has been elected as the new Senator from Ohio, dethroning Sherrod Brown. Moreno is known for his pro-crypto stance, which contrasts sharply with Brown’s critical views on digital assets. Pro-Crypto PACs Donated Over $40 Million to Bernie Moreno’s Campaign Moreno’s campaign received substantial support from the crypto…
Santa made his list and he checked it twice, and Decrypt has all the tea on who’s been naughty or nice in the crypto industry over the past year. From crypto CEOs who advocate for the industry to NFT project founders who use their good fortune to help others, several Web3 workhorses made their way…
Memecoins’ position in digital culture and celebrity sponsorships have raised their notoriety. Many connect them with entertainment rather than usability. Recently, they attracted traders because of large returns. Only a few of these coins have practical value. However, they have routinely outperformed real-world use case projects. Also, they have made the crypto industry more popular…
Microstrategy’s treasury operations secured 3,177 bitcoins last week—worth $299 million—intensifying its aggressive BTC acquisition push and reinforcing its position as the largest corporate bitcoin holder. Microstrategy’s Treasury Move Nets $299M in BTC Last Week Michael Saylor, Executive Chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), highlighted the company’s bitcoin investment performance in a post on…
Binance, най-голямата борса за криптовалути в света, разкри, че ще премахне 11 двойки за спот търговия от платформата си на 27 декември 2024 г. Това решение е част от текущия й процес на оценка, който има за цел да гарантира, че платформата остава ефективна и реагира на пазарните промени. Изключването на тези двойки от списъка…
Leading cryptocurrency exchange Binance has announced its full support for the rebranding of popular altcoin Fantom (FTM) to Sonic (S). The platform will facilitate the token swap at a 1:1 ratio and handle all technical requirements on behalf of its users. This significant transition is set to take place in January 2025, with new trading…
– Advertisement – While established cryptocurrencies hold their ground, a new wave of digital coins is poised to deliver extraordinary returns. CATZILLA and two other emerging players are capturing attention with predictions of explosive growth by 2025. Investors are eager to discover if these could become the next big names in the crypto world. Catzilla:…
U.S. Spot Bitcoin ETFs Record $226M in Net Outflows on December 23 The U.S. spot Bitcoin ETFs faced significant net outflows totaling $226.42 million on December 23, marking the third consecutive day of declines, as per data from Trader T on X. This shift reflects varying investor sentiment during the holiday season amidst ongoing market…