The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit a new debt ceiling just days before Donald Trump returns to the White House. Treasury Secretary Janet Yellen sent a warning to Congress, saying the debt limit will reset to match the current $36 trillion…
The revelation that 75% of crypto hedge funds face challenges like access to basic banking services has stirred Coinbase Chief Legal Officer Paul Grewal. He went to X to demand answers following the release of results from the Alternative Investment Management Association (AIMA) survey, which looked into this situation. Crypto Market is the Target of…
Pi Network price has seen a rally of 10% amid a market resurgence over the past 24-hours. The PI price could potentially 3x before the year 2024 concludes, supported by strengthening technical indicators and the market recovery. However, rising volatility remains a critical factor to monitor closely. The recent bullish rally highlights growing investor confidence,…
In the latest development, The National Bank of Cambodia has approved compliant stablecoin services but bans unbacked assets like BTC. The Central Bank of Cambodia now allows commercial banks and payment institutions to provide services involving Category 1 cryptocurrencies, i.e., backed or stable cryptocurrencies. However, unbacked cryptocurrencies, such as Bitcoin, remain prohibited. The development was…
The world’s crypto mining tax has strongly declined, with countries known to receive budget boosts, such as Kyrgyzstan, left in dismay. The decline in mining tax presents a sharp contrast as crypto mining saw a renewed growth in activities globally due to technology growth and the rise in digital asset adoption. Global economies are out…
Cardano’s latest price movements suggest a potential breakout, capturing the attention of analysts and traders alike. Meanwhile, Dogecoin and the rising DOGEN token are sparking discussions about reaching unprecedented value milestones. Can these assets defy expectations and deliver remarkable gains? Exploring the trends could reveal if market dynamics are lining up for monumental shifts. DOGEN…
December 20, 2024 at 06:10 PM GST updated: December 20, 2024 at 02:24 PM 2 mins read News SEC approves spot Bitcoin and Ethereum ETFs, marking a key development for crypto investment. Hashdex and Franklin Templeton’s ETFs offer market-cap weighted exposure to Bitcoin and Ether. The SEC’s approval highlights growing confidence in regulated crypto investment…
The Hedera Foundation has appointed Charles Adkins as its new CEO, effective January 1, 2025. This appointment aligns with the foundation’s rebranding initiative, focusing on the adoption of decentralized finance (DeFi). Adkins brings extensive experience from his previous role as president of Hedera Hashgraph, LLC, as well as his work at Polygon Labs and Aptos….
Coinbase disclosed in a transparency report that it received 10,707 requests from global law enforcement and government agencies over the past year, an 18% decline from the previous reporting period. For the third consecutive year, the US submitted the highest number of requests from law enforcement and government agencies despite a decline this year. Outside…
Tron (TRX) Justin Sun, who has been preparing for the bull market for a long time and has been accumulating Ethereum (ETH), made a statement about the selling news about Sun. Justin Sun, who denied the ETH sales rumors from the X account, stated that the bullish expectation for Ethereum continues. The Tron founder explained…
Il Capo of Crypto, one of the well-known analysts of the cryptocurrency world, announced in his statement that he has made new additions to his portfolio. According to the information shared by il Capo with his followers today, the analyst increased the amount of Phala Network (PHA) in his portfolio following the performance of the…
Iris Coleman Dec 21, 2024 06:09 Explore the latest updates in crypto regulation, including significant legal actions, enforcement results, and policy changes impacting the global cryptocurrency landscape. The end of 2024 brings significant updates in the realm of cryptocurrency regulation and enforcement, as highlighted by a16z crypto….
What Happened in Crypto Today: Check Major Updates of December 19 Bitcoin Restaking on Sui: A DeFi Game-Changer Bitcoin’s integration into the Sui blockchain through SatLayer is a major breakthrough for DeFi, combining Bitcoin’s $2T market cap and security with Sui’s speed. This partnership enables developers to leverage Bitcoin’s robustness to create secure dApps and…
Winter Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Winter Pepe (PEPEWINT), a new Solana memecoin that was launched today, is set to explode over 17,000% in price in the coming days. This is because PEPEWINT is set to soon be listed on numerous crypto exchanges, according to…
Sui Network, aka Sui Bridge has succeeded in integrating Circle’s Cross-Chain Transfer Protocol (CCTP), allowing users to securely move their USDC stablecoin across Sui and nine other blockchain networks. This will significantly improve the interoperability and usability of USDC across multiple platforms. Sui Network’s USDC Upgrade: Frictionless Transfers, Endless Possibilities Sui Network has integrated Circle’s…
With the artificial intelligence (AI) market still in its nascency, many experts see this space continuing to undergo a decade-long maturation process to achieve its true economic and social potential. That said, as things stand, the AI market is set to expand at a CAGR of 19.1% between 2024 and 2034, reaching a cumulative valuation…
Cryptocurrency markets are buzzing as December 2024 winds down, with Binance Coin (BNB) and Toncoin (TON) leading the pack in value growth. Binance Coin’s role in powering the largest crypto ecosystem remains unmatched, while Toncoin’s potential to surge beyond $10 in 2025 has caught investors’ attention. Meanwhile, Qubetics ($TICS) continues to shine, with its presale…
Market Trends: Bitcoin’s Volatility, Token Burns, and New ETFs Emerge Bitwise Unveils Bitcoin Standard ETF : Spotlight on Bitcoin-Powered Firms Bitwise is launching an innovative ETF, focusing on companies that embrace Bitcoin as their treasury reserve. The Bitcoin Standard Corporations ETF targets firms holding at least 1,000 BTC, with a market cap of $100 million…
The Shiba Inu price has declined today as the broader crypto market retreated, indicating a cautious approach of traders. However, despite the recent dip, market experts remained positive about the long-term trajectory of SHIB. Besides, a top market expert hints at a potential rally for the dog-themed meme coin to $0.00008 in the coming days….
As the bull run approaches, Ethereum (ETH) holders are taking steps to maximize their profits. With ETH showing strong recovery signals, many are expanding their investments into IntelMarkets (INTL), a new DeFi project. Entering Stage 8 of its presale and having raised over $4.9 million, IntelMarkets is becoming a key contender to outperform top altcoins…