News

Crypto Expected to Enter New Age of Adoption in 2025

Hashdex co-founder Bruno Caratori anticipates that the coming year will demonstrate the broader utility of cryptocurrencies beyond bitcoin. He...

Solana Reports Positive Capital Inflows Since September 2023

Solana has recovered significantly, rising over 14% from recent lows, indicating resilience post-correction. This resurgence has renewed investor...

FBI Connects $308 Million DMM Bitcoin Hack to North Korean Hackers

The FBI has linked the DMM Bitcoin hack to North Korea’s TraderTraitor hacking group, associated with the Lazarus Group. The May cyberattack...

MicroStrategy to Increase Share Count for $42 Billion Bitcoin Acquisition

MicroStrategy plans to issue additional shares to enhance its Bitcoin acquisition strategy, aiming for $42 billion in Bitcoin through equity and...

Bitcoin ETFs Experience $1.2 Billion in Outflows While Ethereum ETFs Gain $130 Million

Bitcoin ETFs have experienced significant outflows, totaling nearly $1.2 billion over three days, including a record $680 million in a single...

Russia Enacts 6-Year Ban on Cryptocurrency Mining in 10 Regions

Russia is implementing a 6-year ban in 10 regions on cryptocurrency mining starting January 2025, lasting until March 2031. This action aims to...

South Korea Records 15.59 Million Cryptocurrency Investors by Late 2024

South Korea's cryptocurrency investment involvement has surpassed 30% of its population, with 15.59 million investors recorded by late 2024....

Six Bitcoin Mutual Funds Set to Launch in Israel on December 31

Six mutual funds tracking the price of bitcoin (BTC) will debut in Israel on December 31, following approval from the Israel Securities Authority...

Ethereum Price Could Reach $12,000 Amid Inverse Head and Shoulders Pattern

The Ethereum price is showing potential for a breakout, as an analyst has identified the formation of an inverse head and shoulder pattern on...

Floki Plans Exchange-Traded Product Launch in Europe for Early 2025

Meme-turned-utility project Floki is collaborating with an unidentified asset manager to develop an exchange-traded product (ETP) that will track...

Solana Price Surges Above $190, Faces Resistance Near $200

Solana maintains stability above the $175 level, with SOL price recovering losses and encountering resistance near the $200 and $205 levels. ...

DeFi Exploits Fall 40% in 2024 While CeFi Losses Exceed $694 Million

According to a report from blockchain security firm Hacken, decentralized finance (DeFi) protocols experienced a notable decrease in exploits in...

XRP Price Attempts Break Above $2.350 Resistance Level

XRP price has recovered some losses, trading above the $2.25 level but facing resistance at $2.350. XRP is attempting to rise above the $2.250...

Ethereum Price Recovers Above $3,420, Approaching $3,550 Resistance

Ethereum price is recovering from the $3,220 support level. A rise may occur if it surpasses the $3,550 resistance. Ethereum has increased...

Bitcoin Sentiment Remains Near Extreme Greed, Potential Cooldown Required

Data indicates that Bitcoin market sentiment remains close to the extreme greed zone, suggesting a potential need for price cooling before reaching...

Bitcoin Price Surges Above $95,000 as Recovery Gains Momentum

Bitcoin price initiated a recovery above the $95,000 level. Continued upward movement may occur if it surpasses the $100,000 resistance zone. ...

Toncoin Enters Accumulation Phase as Open Interest Reaches Nine-Month Low

Toncoin (TON) is currently in a significant market cycle phase, offering investment opportunities. A recent analysis by CryptoQuant's Joao Wedson...

Analyst Predicts Strong Performance for Ethereum in 2025

Ethereum (ETH) is recovering after dropping to the $3,100 support zone last week. The second-largest cryptocurrency is attempting to exit its...

Bitcoin Exchange Inflows Surge Over 15,000 BTC Amid Tether Outflows

Bitcoin has experienced mixed market movements, with analysts monitoring on-chain data to gauge its short-term trajectory. On-chain metrics reveal...

Bitcoin Coinbase Premium Index Drops to -0.221% Indicating Possible Buy Opportunity

A quant has analyzed the recent trend in the Bitcoin Coinbase Premium Index, suggesting a potential buying opportunity for Bitcoin. Bitcoin...

Memecoins Experience Major Gains and Losses in 2024

This is a segment from the Lightspeed newsletter. This year saw significant fluctuations in the memecoin market, with some coins achieving...

New York Department of Financial Services Emphasizes Proactive Regulation Engagement

As federal crypto regulation evolves, New York Department of Financial Services Superintendent Adrienne Harris advises companies to engage...

US Spot Ether Products See $1.8 Billion Net Inflows in December

US spot ether products marked five months since their launch. Significant net inflows began post-election, as illustrated in the monthly flow table...

Trrue Secures $10 Million Investment from GEM Digital for Network Development

ESG-focused network Trrue announced a $10 million investment from GEM Digital, a digital asset investment firm based in the Bahamas. This investment...

LCX Submits Pre-Application for MiCA License in Liechtenstein

A crypto asset exchange based in Liechtenstein, LCX, has formally submitted a pre-application for the Pan-European MiCA license under the...

BOB Tests First BitVM-Powered Bitcoin Bridge Prototype for 2025

BOB (“Build on Bitcoin”), a hybrid layer-2 solution utilizing Bitcoin and Ethereum, has tested its first BitVM-powered Bitcoin bridge prototype in...

Solana DEX Trading Volume Exceeds $100 Billion for Second Month

Solana, a Layer 1 blockchain network, surpassed a significant milestone for the second consecutive month, attracting attention within the digital...

Daiwa Securities CEO Calls for Approval of Crypto ETFs in Japan

The CEO of Daiwa Securities, Akihiko Ogino, has urged Japanese authorities to permit the launch of crypto exchange-traded funds (ETFs) in Japan....

Coinbase CEO and Crypto Leaders Gain Billions Post-Election

This article is the third in a series examining the crypto industry's political strategies for the 2024 elections. The first installment covered...

Hamster Kombat Launches DAO with $1 Million Bounty Proposal

On December 24, the Play-to-Earn (P2E) video game Hamster Kombat provided a progress report on its Decentralized Autonomous...