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Solana Surpasses Ethereum in 7-Day Stablecoin Trading Volume for First Time Ever
3.1.2024
Source: AdobeStock / Aleksandra Sova Layer 1 blockchain Solana (SOL) continues to make waves in the crypto community as it achieves several significant milestones. Over the past week, the network surpassed Ethereum (ETH) in 7-day stablecoin trading volume for the first time ever. According to data...
290,000 S Korean Public Sector Employees Forced to Declare Crypto Holdings
3.1.2024
Source: promesaartstudio/Adobe Around 290,000 South Korean public sector workers will be forced to declare their crypto holdings starting from February. Per Maeil Kyungjae, the Ministry of Personnel Management has declared that the rule will also apply to employees’ spouses and next of kin....
Bonk Price Prediction as BONK Dumps 10% – Can It Bounce At Key $0.0000125 Support?
3.1.2024
Bonk! ($BONK) Chart / Source: Investing.com Bonk! ($BONK), the third largest meme coin by market cap and a flagship token of the Solana (SOL) ecosystem, dropped close to 10% on Tuesday, as the broader crypto markets succumbed to sell pressure following a promising start. Solana (SOL), to which...
Russia Will Begin Collecting Taxes in Digital Rubles from 2025
3.1.2024
Source: Valery/Adobe Russian tax authorities will start collecting taxes in digital rubles from 2025, with banks also handed powers to block “suspicious-looking” CBDC transactions. Per the media outlet Klerk, recent tax code amendments – signed into law by President Vladimir Putin late last year...
Bitcoin ATMs See First Decline in a Decade with 11% Drop
2.1.2024
Source: Adobe / Petr For the first time in a decade, the number of installed Bitcoin ATMs worldwide fell in 2023. According to data from Coin ATM Radar, the number of installed Bitcoin ATMs in the world fell 11%, from 37,827 on January 1, 2023, to 33,622 on the same date in 2024. In...
OKX Implements New Rules for UK Users in Compliance with FCA Regulations
2.1.2024
Source: AdobeStock / Iakov Kalinin The cryptocurrency exchange OKX is introducing rules for its United Kingdom-based users in response to recent regulations introduced by the UK Financial Conduct Authority (FCA). On January 2, OKX announced changes to its user experience for new and existing retail...
XRP Price Prediction as Trading Volume Spikes to $2 Billion – Are Investors Flocking to XRP?
2.1.2024
XRP (XRP) Chart / Source: Investing.com XRP (XRP) trading volumes have picked up again following a subdued few days due to New Year’s celebrations, clocking in at around $2 billion in the past 24 hours, as per CoinGecko. That’s roughly in line with, if not a little bit above, average trading...
Grayscale Amends Bitcoin ETF Application, Excludes Authorized Participant Details
2.1.2024
Source: 24K-Production / Adobe Stock Grayscale, a prominent cryptocurrency asset management firm, has filed an amendment to its registration statement with the U.S. Securities and Exchange Commission (SEC). On January 2, Grayscale filed an amended Bitcoin exchange-traded fund (ETF) application with...
Is It Too Late to Buy Sei? SEI Price Rallies 35% as New Meme Coin Approaches Launch – Time to Buy?
2.1.2024
Sei (SEI) Chart / Source: TradingView As the Sei ($SEI) pump continues at the start of 2024, investors are increasingly asking whether they may have missed their opportunity to buy the cryptocurrency. SEI/USD was last changing hands at around $0.75, up a further 6% on Tuesday and taking gains since...
Who Has the Best Bitcoin ETF? BlackRock’s Fee Still A Mystery
2.1.2024
Source: DALL·E Trillion-dollar asset managers are eyeing approval for their Bitcoin (BTC) ETF products within days, and all are competing to seize market share at the opening bell. One major area of competition relates to management fees – the annual cost imposed by funds to handle the BTC backing...
Analyst: FTX Legal Battle Set to Extend Over Years in $8 Billion Creditor Fight
2.1.2024
Source: Getty Images Now-defunct cryptocurrency exchange FTX is embroiled in a legal battle that could extend over several years as creditors seek to recover over $8 billion. The case, filed in November, involves multiple parties fighting over the remaining assets, making it more complex...
Tellor’s 13-Hour Meteoric Rise and Fall Raises Manipulation Suspicions
2.1.2024
Source: Adobe / neo A small-cap altcoin known as Tellor (TRB) experienced a 150% surge to a new all-time high above $600, only to witness a crash that erased all the gains within just hours on December 31, sparking suspicions of price manipulation. Citing blockchain data from Etherscan,...
Spot Bitcoin ETF Approval is Unlikely to Change Regulatory Environment in the US + More News
2.1.2024
Source: AdobeStock / 2024 Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Spot Bitcoin ETF Approval is Unlikely to Change Regulatory Environment in the US INX Says Customer Data and Funds...
Hydropower Fuels Kyrgyzstan’s Crypto Mining Industry
2.1.2024
Kurpsai Hydro station. Lower Naryn River Canyon near Toktogul in Kyrgyzstan. Source: AdobeStock / Dynamoland Kyrgyzstan’s water-rich environment has the potential to provide a necessary boost for the country’s crypto mining industry – but that power is currently difficult...
December Ranks Fifth Highest Month in Crypto Scams With Over $100 Million Drained
2.1.2024
Source: Pixabay / Pete Linforth Blockchain security firm CertiK says that over $116 million was lost in December to cryptocurrency scams with exploits, exits scams and flash loan attacks recording highest figures. The firm posted the industry hack data for the previous on X (formerly Twitter)...
As JJ Coin Rises 20,000% Overnight, This May be the Next Crypto to Explode
2.1.2024
Source: Dall•E 3 JJ Coin has risen by as much as 20,000% overnight, with the new meme token currently sitting on an 11,000% gain in the past 24 hours. Such eye-watering percentages make JJ one of the best-performing new tokens in the market today, although the coin is actually down by 71% since...
Is Helium Price Going to Zero? HNT Drops 6% as Novel New Mining Protocol Secures $7.2 Million in Funding
2.1.2024
Source: Dall•E 3 The Helium price has fallen by as much as 6% in the past 24 hours, slipping to $6.82 on a day when Bitcoin ETF hopes have caused the market to rally by the same percentage. HNT is now down by 4.5% in a week and by 21% in a fortnight, yet the […]
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New Mickey Meme Coin Capitalizes on Cartoon’s Public Domain Status
2.1.2024
Image Source: Sky News Crypto enthusiasts have created a meme coin inspired by Mickey Mouse, the beloved cartoon character, after the first-ever cartoon featuring the iconic mouse entered the public domain. The newly minted token, known as MICKEY, quickly emerged in the wake of Mickey Mouse’s...
Bitcoin Sets New Daily Record with Over 731,000 Transactions
2.1.2024
Source: DALL·E Bitcoin has achieved a significant milestone on New Year’s Eve, setting a new record in its network’s history with over 731,000 transactions processed in a single day. The leap from the previous record set on Christmas Eve 2023, where the network saw 723,459 transactions...
China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions
2.1.2024
Image Source: Pexels Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities. The use of cold storage methods for cryptocurrencies, in particular, has become a cause for alarm as it allows these individuals...