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Strange ‘Hoppy’ Token Pumps Up 100x on DEXTools and Crypto Experts Say This Lesser Known Coin is Next
18.1.2024
In the latest Solana memecoin pump, strange Hoppy token has pumped 100x on DEXTools, and HOPPY price analysis reveals a potential next leg. But crypto experts say this lesser known coin is next. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
South Korean Gov’t to ‘Completely Review’ Crypto Tax Law
18.1.2024
Source: HyunJun/Adobe The South Korean government says it will “completely re-examine” the “need” to tax crypto traders on their earnings. As things stand, traders are set to be taxed on their earnings from January 2025. But per News1, the government will “review” its stance on the taxation...
TUSD Says Recent Depegging is Related to Binance Launchpool Activities
18.1.2024
TrueUSD (TUSD) has clarified that the recent depegging of its value from the US dollar is associated with activities on Binance Launchpool. In a recent post on X (formerly Twitter), the TUSD team said they “have observed recent community mining activities associated with Binance Launchpool...
Former Bithumb Chairman Acquitted in $100M Fraud Case in Second Trial
18.1.2024
The former chairman of Bithumb Holdings and Bithumb Korea, Lee Jeong-hoon, has been acquitted for the second time in the $100 million fraud case. The recent decision by the 5th Criminal Division of the Seoul High Court follows Lee’s earlier acquittal in January 2023 on comparable charges...
Bitcoin Miners Curtail Operations During Texas Winter Storm
18.1.2024
Everything is bigger in Texas – including the weather. In recent years, The Lone Star State has seen dramatic weather related events, including overly hot summers and unusually cold winters. For instance, an arctic blast hit Texas in February 2021, leaving many Texans literally out in the cold....
Bitcoin Miners Sell 10,600 BTC, Worth $455.8M in Crypto Renaissance
17.1.2024
Source: AdobeStock The world’s largest cryptocurrency by market cap, Bitcoin, is experiencing a massive selloff from none other than its miners. ???? #Bitcoin Miners in Selling Mode: Recent on-chain data from @cryptoquant_com indicates a substantial increase in selling activity by #BTC miners....
DogWifHat Holders are Migrating To a New AI Crypto ICO To Find 1998% ROI Tokens
17.1.2024
Investors shift from DogWifHat to new AI crypto ICO Launchpad XYZ. Image by Kerem Goktug Kaya, DALL-E 3. The crypto markets have seen renewed interest from investors looking to capitalize on potential gains in 2024’s anticipated bull run. This time, those taking profits from the most recent...
Revealed: Key Recommendations from US GAO to SEC on Spot Bitcoin ETF
17.1.2024
Source: AdobeStock The landmark announcement of a spot Bitcoin exchange-traded fund (ETF) approval has significantly impacted the financial landscape. While the market sentiment has been predominantly positive, a recent revelation shows that the US Government Accountability Office (GAO) had a...
Grayscale Sees Over $477 Million Bitcoin Exodus as Blackrock and Fidelity ETFs Bolster Holdings
17.1.2024
Recent data reveals that since the update on Grayscale’s website three days prior, the firm’s most recent figures indicate a significant reduction in its holdings, with over 11,189 bitcoin, valued at approximately $477 million, being withdrawn from GBTC’s reserves....
5 Top Cryptos To Diversify Your Value Investment Portfolios in 2024
17.1.2024
The top crypto projects to diversify investment portfolios in 2024 include Solana, Neon EVM, Celestia, XAI, and Bitcoin Minetrix. Image by Kerem Goktug Kaya, DALL-E 3. With 2024 promising to be a monumental year for cryptocurrencies, many investors are looking to diversify their investment...
QCP Capital Predicts ETH to Outperform BTC Amid ETH Spot ETF Approval Expectations
17.1.2024
QCP Capital, a Singapore-based crypto trading firm, has forecasted that Ethereum will outperform Bitcoin in the medium term. In a recent post on Telegram, the company argued that the narrative surrounding potential ETH Spot ETF approvals will help ETH outshine the BTC in the short future. QCP said...
As Solana Memecoin FLUB Pumps 100x Overnight, Experts Say This Low Cap Gem is Next
17.1.2024
In the latest Solana memecoin pump, FLUB crypto has shot-up 10ox overnight, and with experts calling this other low cap crypto to explode next, dig into FLUB price analysis to find out more. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
Fidelity's Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover
17.1.2024
Some have forecasted sharp declines in bitcoin's price as traders 'sell the news' post-ETF approval, but Fidelity's Director of Global Macro disagrees
Chimpzee (CHMPZ) Sees Bump in Staked Funds as Staking Rewards Go Up To As Much As 40% APY
17.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee (CHMPZ) has garnered widespread acclaim within the cryptocurrency community, and recent significant developments have significantly heightened enthusiasm for this eco-friendly project....
U.S. Spot Bitcoin ETFs Reach $10B Trading Volume in 3 Days; Grayscale Accounts for Over Half of that Figure
17.1.2024
Since their recent launch in the United States, spot Bitcoin ETFs have achieved a cumulative trading volume of nearly $10 billion within just three days. According to Bloomberg analyst James Seyffart, the standout performer among the spot Bitcoin ETFs is Grayscale’s GBTC, which recorded...
Bitcoin Price Prediction as Miners’ Sell-Off Intensifies – Is a Further Drop Inevitable?
16.1.2024
In recent developments, Bitcoin price prediction turned bearish as  the Bitcoin Miners’ Position Index (MPI) witnessed a remarkable surge, reaching 9.43 on January 12. This significant increase has sparked interest and concern among cryptocurrency investors and enthusiasts. The rising...
Manta Pacific Flips Base as Fourth Largest Layer 2 Solution as TVL Surges to $845 Million
16.1.2024
Manta Pacific has moved past Base to become the fourth largest layer 2 scaling solution in the market. The total value locked (TVL) of the network soared past $840 million. Recent data from L2Beat show that Base, an Ethereum layer 2 solution backed by Coinbase, has lost its spot as the fourth...
Is Bonk Going to Zero? BONK Price Drops 6% as Attention Moves to Newer Meme Coin
16.1.2024
The meme coin market is searching for the next viral success story as the Bonk price has plateaued following a 75x increase. Image by Kerem Goktug Kaya, DALL-E 3. With the recent introduction of its ‘PooperScooper‘ feature to enhance user interaction and asset management, BONK...
India’s FIU Ban: Local Players Offer Haven for Binance, OKX Users
16.1.2024
Source: Adobe / promesaartstudio Following the recent ban by India’s Ministry of Finance Financial Intelligence Unit (FIU) on offshore crypto exchanges like Binance, OKX, and others, Indian crypto exchanges are stepping in to offer solutions to affected users. The FIU’s move...
MYLO and PUMA Solana Memecoins Pump Up 50x Overnight and This Ethereum Crypto Could be Next
16.1.2024
In the latest DEX-launched Solana memecoins to pump, MYLO and PUMA have shot-up 50x overnight, and now traders are expecting this Ethereum crypto to explode next. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless Solana memecoin moon-shots...