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New York AG Secures $22 Million Settlement From Kucoin for Unregistered Trading Activities
12.12.2023
In a recent legal development, New York Attorney General Letitia James has successfully obtained over $22 million from Kucoin, a well known crypto trading platform. This settlement arises from Kucoin’s alleged failure to register as a securities and commodities broker-dealer and...
Dogecoin Price Prediction as ‘Excess Bullish Leverage’ Leads to Sharp Drop – Is the Market Resetting?
12.12.2023
DOGE Chart / Source: TradingView Dogecoin (DOGE) has pulled back sharply from the multi-month highs it hit on Monday at $0.1075 amid a flushing out of excessive bullish leverage that had built up during the cryptocurrency’s push higher in the past few weeks. DOGE was last changing hands around...
Bitcoin’s Difficulty Drops for First Time Since September
12.12.2023
The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes. Concurrently, Bitcoin’s total hashrate...
U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago
12.12.2023
This morning's inflation data
Ether Supply Hits Lowest Level Since Shanghai Upgrade, Decreasing by Over 309,500 Coins
12.12.2023
Source: Adobe The supply of Ether has hit a new low since the historic Shanghai upgrade of the Ethereum (ETH) network, witnessing a decline of more than 309,500 coins since September last year. According to data from Ultra Sound Money, nearly 1.195 million ETH have been burned since the transition...
Dogecoin’s Network Activity Slump; Render and InQubeta Set Sights on a Significant Surge
12.12.2023
InQubeta (QUBE) and Render (RNDR) are two of the best altcoins to buy now as both are expected to enjoy substantial price growth in the coming months and years. InQubeta prices have grown 175% since its presale started, raising over $6.4 million in token sales. Investors buying tokens now still...
FTX Debtors Challenge IRS Over Whopping $24 Billion Tax Claim
12.12.2023
Source: Adobe / Александр Поташев Debtors of FTX have raised concerns over the Internal Revenue Service’s (IRS) claim of $24 billion in taxes, warning that it could impede the return of customer funds. In a filing submitted on Sunday, the debtors argued that their earnings were nowhere near...
Coinstore 3 Years : A Rising Star In Emerging Markets
12.12.2023
Established in 2020, Coinstore, the world’s leading cryptocurrency exchange, is celebrating its 3rd anniversary by launching a series trading competitions with over 30k USDT prize pool and a series community airdrops, listing carnival and CS Lives. Many enthusiasts are joining in to mark...
Public Crypto Mining Firms Dropped Double Digits After Bitcoin’s Largest Decline in Four Months
12.12.2023
Source: Adobe/artiemedvedev Crypto mining firms have seen double-digit drops after Bitcoin (BTC) experienced its most significant decline in nearly four months. Over the weekend, the value of Bitcoin plummeted to as low as $40,000 after reaching a high above $43,900, causing a ripple effect across...
Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy
12.12.2023
In the dynamic world of cryptocurrency, Bitcoin (BTC) is experiencing subtle yet noticeable fluctuations, trading at $41,457 with over 0.50% rise as of Tuesday. Market sentiments are heavily influenced by key economic events and policy changes. As the Federal Open Market Committee (FOMC) meeting...
Ark Invest Dumps Nearly $13 Million in GBTC Shares Amid Broader Market Sell-Off
12.12.2023
Source: Ark Invest Instagram Cathie Wood-led Ark Invest sold over $12.8 million worth of Grayscale Bitcoin Trust (GBTC) shares on Monday amid a broader market sell-off, Ark Invest Daily reported. The decision to offload 395,945 GBTC shares through the ARK Next Generation Internet ETF (ARKW) came...
Blockchain Gaming Industry to Exceed Over $600 Billion in Value by 2030
11.12.2023
The blockchain gaming industry is expected to surpass over $600 billion in value by 2030, according to a new report released Monday. Blockchain gaming is booming The report, published by Fortune Business Insights, defines blockchain gaming as any video game “with features utilizing...
Crypto’s Gainers and Losers: BTT and BONK Spike Amidst Overall Downturn
11.12.2023
Over the past day, a considerable number of crypto assets have experienced a decline. However, looking at the seven-day performance, several of them have maintained a substantial increase. For example, bittorrent (BTT) has seen a significant surge of 188% in the last week, while bonk (BONK)...
Enjin Completes Migration of Over 200 Million NFTs from Ethereum to Enjin Blockchain
11.12.2023
Source: Pixabay Enjin has completed the largest NFT migration in history, transferring 200 million NFTs to its Enjin Blockchain. In a press release published on Monday, Enjin highlighted the migration of more than 118 million NFTs from Ethereum and an additional 101 million NFTs from the Ethereum...
‘Florida Joker’ Demands $2 Million Over GTA 6 Parody, Red Dead 2 Actor Fires Back
11.12.2023
A Florida man is calling on Rockstar Games to pay him $2 million for showing literally one second of a character who looks like him in the reveal trailer for Grand Theft Auto 6. Lawrence Sullivan, AKA “Florida Joker,” accused the studio of stealing his likeness in his latest TikTok video. But a...
Cardano Price Prediction as ADA’s Social Dominance Reaches 6-Month High – Can ADA Reach $10?
11.12.2023
Amidst the dynamic cryptocurrency market, Cardano (ADA) has become a prominent topic of discussion, witnessing its social dominance climb to a six-month high. As of now, the live Cardano price stands at $0.55310, with a trading volume of $1.2 billion over the past 24 hours. Despite a 6% decline...
AI & EV in Blockchain – eTukTuk Opens an Investment Opportunity to Not Miss Out For 2024
11.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. EV tokens, despite their immense potential, are relatively obscure. Over the last few years, Web3’s focus has derailed toward entertainment and quick gains. But things are changing for...
Bitcoin Price Briefly Drops Below $41,000 Amid Broader Market Correction
11.12.2023
Source: DALL·E Bitcoin price has just dropped below $41,000 briefly, undoing almost a week’s gains before a bounce back. Other major cryptocurrencies including Ethereum, Ripple (XRP), Solana (SOL), and Cardano (ADA) were also down over 5%. According to TradingView, the price of Bitcoin made a sharp...
Snowden Blasts Elizabeth Warren as ‘Pro-Banker,’ Claims She ‘Rolls Over’ for JPMorgan Boss in Crypto Clash
10.12.2023
This week, the crypto community actively discussed Massachusetts Senator Elizabeth Warren’s remarks labeling crypto as a potential threat. Additionally, JPMorgan boss Jamie Dimon voiced a similar sentiment, asserting he would close crypto down if he held governmental power. In response...
Meme Coins Surge in Value, Gaining $6.7 Billion in a Month With BONK, PEPE, and SHIB Leading the Rally
9.12.2023
Meme coins have been on a tear over the past month, increasing by $6.7 billion and 39.18% since Nov. 8. While bonk (BONK) led the pack this past week, rising 153% against the U.S. dollar, several other meme coins like dogecoin, shiba inu, and pepe recorded double-digit gains. Explosive Growth...