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The landscape in the cryptocurrency space can change drastically in days. Recall that bitcoin tapped a new all-time high of over $108,000 on Tuesday, but its price has slumped to $94,500 since then. This came after a few remarks by Federal Reserve Chair Jerome Powell, who warned that the central bank could not purchase BTC…
Nowadays tax evasion has become one of the most common practices done by cryptocurrencies holders to avoid huge taxes imposed by the financial authority of any nation. In a recent development, the authorities of the United Kingdom have seized properties linked to the popular Tate family. In a most recent decision, the British court has…
12h05 ▪ 3 min read ▪ by Eddy S. Binance.US, the American branch of the famous crypto exchange platform Binance, has announced its intention to restore USD services at the beginning of 2025. This news was confirmed by interim CEO Norman Reed, who stated that Binance.US is “closer than ever” to achieving this goal. Binance.US…
Join Our Telegram channel to stay up to date on breaking news coverage As interest in digital assets grows, the stablecoin market has expanded significantly, reaching a valuation of $200 billion. These cryptocurrencies, tied to fiat currencies for price stability, have become popular for providing liquidity in crypto trading. Meanwhile, Ripple USD has recently been…
DOGE and USUAL Stablecoin Partnership: What Happened and What’s Next? Elon Musk Department of Government Efficiency (DOGE) Partners with USUAL? The announcement earlier today by Vivek Ramaswamy, co-leading the Department of Government Efficiency (DOGE) alongside Elon Musk, caught many by surprise. According to the official X account, DOGE has partnered with USUAL, a notable stablecoin…
The cryptocurrency market is known for its volatility, but some projects manage to stand out with their innovation and potential for long-term growth. One such project is Lightchain AI (LCAI), an emerging altcoin in the blockchain and AI space. Currently priced under $0.003, LCAI is making waves, and its Lightchain AI Presale is a key…
Binance founder Changpeng Zhao, also known as CZ, has recently lauded BNB’s listing on a major crypto exchange. Besides, his recent comment comes as BNB price has recorded a significant decline today amid a broader crypto market selloff. However, despite that, his recent confidence in the asset has further fueled optimism toward the crypto’s potential…
El Salvador is accelerating its Bitcoin acquisition strategy, even as it scales back specific policies following an agreement with the International Monetary Fund (IMF). On Dec. 20, the country’s National Bitcoin Office announced the purchase of 11 BTC for about $1 million. This acquisition adds to its daily purchase of 1 BTC, bringing the total…
Crypto trader profits hit new records this week on Solana. A trader turned $90 into $3.25 million using smart cryptocurrency gains. This story shows how crypto market volatility can create huge returns through high-risk investments in new tokens. What can $90 get you? This trader turned $90 into $3.25M in just 2 days by buying…
The crypto industry experienced a transformative year in 2024, marked by rapid user acquisition and shifting ecosystem dynamics. A new report from Flipside highlights significant growth in user engagement, particularly on Base and Ethereum, while decentralized exchanges (DEXs) and new blockchain projects reshaped the competitive market. On-Chain Growth and Emerging Market Dynamics Base, a blockchain…
The US Bitcoin Exchange Traded Funds (ETFs) hit their largest net outflow of $671.9 million. Fidelity’s FBTC led the charge with a record $208.5 million outflow, while BlackRock’s IBIT stood steady with a $0 net flow. This outrush has marked a major shift in the market after watching 15 days of BTC inflow streak. The…
The most recent global crypto survey organized by Binance has offered insight into the current state of the market. The survey, which polled nearly 28,000 users, shows that 23.89% believe that artificial intelligence (AI) tokens will gain traction and lead the market this upcoming year. Nearly 20% of the responders expect governments to enact more…
Over the past 24 hours, Arbitrum (ARB) crypto has slumped 13.27% to $0.8146, and during the past week the cryptocurrency is down 21.75%. Despite this bearish trend, whales have accumulated over $40 million in ARB tokens in the past week, signaling potential long-term confidence in the project. The surge in trading activity, however, comes with…
Memecoins have evolved from a lighthearted internet phenomenon into a powerhouse in the crypto market, with a combined market capitalization of over $117 billion. Among these, dog theme memecoins have carved a unique niche, combining playful branding with robust community support to achieve staggering growth. From the early success of Dogecoin to the emergence of…
– Advertisement – The cryptocurrency landscape is bracing for a phenomenal surge in 2025, with digital assets poised to reach new milestones. Investors across the globe are eager to uncover which coins will spearhead this meteoric rise. Navigating the complexities of this booming market is essential to capitalize on the most promising opportunities ahead. Among…
GalaChain Pioneers BFT on Hyperledger, Paving the Way for Next-Level Decentralization – BitcoinWorld Skip to content Home News Crypto News GalaChain Pioneers BFT on Hyperledger, Paving the Way for Next-Level Decentralization Source link
During an interview, Sam Altman expressed his concerns regarding his prolonged dispute with Elon Musk. He also expressed his disappointment with Biden’s administration. By the look of things, his problems will not end with Kamala and Biden. Why? Given Elon Musk’s involvement in the Trump administration, Sam Altman has all the reasons to be worried….
Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell’s comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes. The Federal Reserve has projected only two rate cuts for 2025, down from the initially forecasted four. Following the announcement, BTC registered a substantial drop, falling…
Cathie Wood, the CEO of ARK Invest, has reaffirmed her bold prediction that Bitcoin‘s value will soar beyond one million dollars by 2030. During a recent Bloomberg interview, she highlighted the advantages of Bitcoin’s fixed supply compared to other traditional assets, stating, “As gold prices rise, production increases, but Bitcoin’s supply remains constant.” How Do…
December 20, 2024 at 02:15 PM GST updated: December 20, 2024 at 12:02 PM 2 mins read News HAWK memecoin lost 95% of its value within hours, wiping out $440 million in market capitalization. 96% of the token supply was controlled by linked wallets, triggering accusations of fraudulent activity. Investors filed a federal lawsuit, citing…