Crypto News

The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against Binance Australia Derivatives, accusing the platform of misclassifying retail investors and denying them essential consumer protections. Between July 2022 and April 2023, Binance classified over 500 retail clients—83% of its Australian customer base—as wholesale investors, according to the agency’s statement. The error stripped…

As many economists know, Federal Reserve Chairman Jerome Powell and the US President-elect Donald J. Trump do not see eye to eye on practically everything. The political “indifference” is nothing short of pronounced; Trump has been asked if he would request Powell to leave office, to which he said, “No I wouldn’t.” President-elect Trump is…

Rich Dad Poor Dad author Robert Kiyosaki predicts bitcoin will hit $350K by 2025, emphasizing its inclusive design to build wealth even with small investments. Robert Kiyosaki Says Bitcoin Will Skyrocket to $350K in 2025, Urges Investors to Own More BTC Robert Kiyosaki, renowned author of Rich Dad Poor Dad, has reiterated his bullish stance…

SUI price is showing strong signs of a continued upward move as it trades within an ascending channel. If bulls continue and resistance levels get cleared, analysts see specific price targets calculated for the cryptocurrency that could pump it by 73%. SUI Price Key Levels to Watch SUI price is following an ascending channel, a…

As the market enters the recovery phase with several assets seeing month-long gains, there’s been a high level of interest in certain tokens for their utility and potential returns. ADA is one of these tokens, but its rally isn’t yet defined as several factors surround it. For 1Fuel (OFT), its rally is guaranteed and expected…

In the latest significant step for cryptocurrency exchange Kraken within the decentralized finance (DeFi) ecosystem, the company has launched its layer 2 blockchain, Ink, on the mainnet. The platform, previously scheduled for a 2024 launch and designed to be run by miners, debuted ahead of schedule due to high developer demand and ongoing crypto community…

– Advertisement – Singapore, Singapore, December 19th, 2024, Chainwire Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with…

KuCoin’s “Light Up Africa” Donation Ceremony Held in Ghana, Benefiting 36,000 African Children – BitcoinWorld Skip to content Home Press Release KuCoin’s “Light Up Africa” Donation Ceremony Held in Ghana, Benefiting 36,000 African Children Source link

Binance surveyed more than 27,000 users to get predictions for the year 2025. The survey indicates that its customers hold a greater percentage of memecoins compared to Bitcoin, with figures standing at 16% for memecoins and 14% for Bitcoin. Binance said, “The survey results suggest that memecoins are not only popular in terms of current…

Singapore, Singapore, December 19th, 2024, Chainwire Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct. Combining its…

Ethereum’s Layer-2 solutions will drive scalability and user experience improvements by 2025. AI projects like Clanker on Ethereum show its growing importance in emerging tech sectors. Ethereum’s institutional trust combined with usability upgrades positions it ahead of Solana. Matt Hougan, Chief Investment Officer at Bitwise, predicted that Ethereum will surpass Solana in 2025. He argued…

The Curve DAO Token (CRV) has seen a notable decline, dropping by 12% in value recently. This downturn is largely attributed to the liquidation incident involving Michael Egorov, the founder of CurveFI, who incurred losses amounting to $882,660 shortly after a substantial acquisition. What Caused Egorov’s Liquidation? Egorov’s liquidation occurred on December 19, following his…

December 19, 2024 at 02:30 PM GST updated: December 19, 2024 at 01:52 PM 4 mins read Press Release The tide in the cryptocurrency market is turning. Dogecoin and Shiba Inu, once at the forefront of meme coin mania, are losing their sheen. Meanwhile, a new ten-cent token is rising in prominence, capturing the interest…

The cryptocurrency market is bracing for significant developments as the industry navigates shifting political landscapes and ambitious partnerships. From Ethena’s integration with Donald Trump-backed World Liberty Financial to BitMEX co-founder Arthur Hayes’ tempered outlook on crypto market trends under Trump’s presidency, the intersection of policy, innovation, and market sentiment is poised to shape the sector’s…

The cryptocurrency market has entered a turbulent phase following the Federal Reserve’s announcement of a 25-basis-point rate cut. This unexpected move sent ripples across the market, causing Bitcoin (BTC) to dip below $99,000 and Ethereum (ETH) and XRP to experience losses of 6% and 10%, respectively. Even Solana (SOL) followed this downward trend with a…

Former BitMEX CEO Arthur Hayes has warned that Bitcoin may face a “vicious sell-off” around the time Donald Trump takes office, in a blog post. Hayes cautioned that crypto investors have unrealistic expectations about what Trump can achieve. While Trump has pledged to make America “the crypto capital of the world” and establish a strategic…

Home » Journal » KuCoin’s “Light Up Africa” Donation Ceremony Held in Ghana, Benefiting 36,000 African Children ACCRA, Ghana, Dec. 19, 2024 /PRNewswire/ — On December 19, the “Light Up Africa” Children’s Solar Lamp Project, jointly initiated by KuCoin, Global CSR, and the Smiling Simon Greenbuild Foundation,…

Curve DAO Token (CRV) has drawn attention recently due to a 12% drop in value. This decline became prominent following the liquidation of Michael Egorov, the founder of CurveFI, resulting in a loss of $882.66 thousand. Egorov faced these losses just two days after making a substantial purchase. Liquidation Process and Lost FundsMarket Fluctuations and…

Ripple USD launched on major exchanges, and listings will be expanding soon.   RLUSD bridges blockchain efficiency with fiat stability.   Ripple prioritizes compliance and trust to redefine stablecoin benchmarks.  Ripple’s newly launched stablecoin went live on December 17 across major crypto exchanges, ushering in a new era of compliance, trust, and utility. RLUSD bridges the gap…

El Salvador has reached a preliminary agreement with the International Monetary Fund (IMF) to limit domestic Bitcoin activities in exchange for a $1.4 billion financing package. El Salvador to Reduce Bitcoin Activities in Pursuit of $1.4 Billion IMF Deal The agreement is part of the IMF’s 40-month Extended Fund Facility (EFF), which aims to support…