News

Ondo Finance Launches Platform for Onchain Access to Traditional Assets

Ondo Finance has launched Ondo Global Markets (Ondo GM), a platform aimed at integrating traditional assets like stocks, bonds, and ETFs into...

Memecoins Named Top Crypto Narrative of 2024 as AI Agents Emerge

Memecoins dominated the crypto market in 2024, becoming the top-performing sector. Binance Research released a report highlighting their significant...

Bitcoin Network Hashrate Increased 1% to 785 EH/s in January

The Bitcoin network hashrate increased by 1% in January, reaching an average of 785 exahashes per second (EH/s), according to JPMorgan's report....

Ethereum Futures Market Experiences $76.4M Long Liquidations

Glassnode reports that the Ethereum futures market remains overheated despite recent long liquidations. Key points include: Ethereum open interest...

Bitcoin Faces Potential Downturn Amid Three Critical Developments

Bitcoin (BTC) is currently consolidating between $90,000 and $100,000, following a bull run from $20,000. Analysts expect this phase to precede a...

Solana Price Faces Resistance Below $220 Following Recent Decline

Solana (SOL) has initiated a decline from the $220 mark, currently consolidating below this level. SOL price declined below $215 and $212 against...

Bitdeer Acquires 101 MW Gas Power Plant in Alberta for Bitcoin Mining

Bitdeer, a Bitcoin mining company, acquired a 101-MW gas-fired power plant near Fox Creek, Alberta for a vertically integrated BTC mining...

XRP Price Faces Resistance Near $2.70 After Rally to $2.75

XRP Price Analysis XRP price recovered from $1.75, rallying towards $2.75. Current trading below $2.70 and the 100-hourly SMA. Resistance...

Bitcoin Drops Below $100,000 as China Retaliates with Tariffs

Bitcoin (BTC) experienced a temporary increase to $102,000 after the US delayed a 25% tariff on Mexico and Canada. However, the implementation of a...

Ethereum Price Recovery Faces Resistance at $2,880 Level

Ethereum Price Update ETH price is recovering above the $2,550 mark. Current trading is below $2,880 and the 100-hourly Simple Moving Average....

Bitcoin Price Declines Below $100,000 with Key Support at $96,500

Bitcoin is experiencing a decline, currently trading below the $100,000 level and struggling to maintain support at $96,500. Price has dropped...

Bitcoin Price Nears $99,000 as DCA Indicator Signals Buying Opportunity

Bitcoin's recent price activity has shown volatility, with BTC briefly surpassing $100,000 before dropping back to just above $99,000. This...

Bitcoin Shows Strength Against Altcoins as Price Consolidates in Key Range

Bitcoin and the crypto market experienced significant volatility, dropping over 9% to a low of $91,530 due to fears of a U.S. trade war. The price...

Bitcoin Price Falls Below $100,000, Impacting Short-Term Holders

The recent downturn in Bitcoin has led many investors to sell at a loss. However, long-term holders remain largely unaffected, according to...

Tether Launches Tether Data AI SDK with Self-Custodial Features

Tether is expanding its operations into artificial intelligence (AI) with a new initiative called Tether Data. This shift includes the development...

CFTC Restructures Enforcement Division to Combat Fraud More Effectively

The U.S. Commodity Futures Trading Commission (CFTC) has reorganized its enforcement division to enhance focus on fraud prevention and reduce...

Bitcoin Drops 4.8% to $96,900 After David Sacks Press Conference

Bitcoin's recent rally has been short-lived, with prices dropping by 4.8% to $96,900 after reaching $101,000 earlier in the day. Key points...

Helium Mobile Launches Free Plan and Increases Unlimited Data Pricing

Helium Mobile has restructured its pricing model for new subscribers: Free plan: 3 GB data, 300 texts, 100 minutes $15 plan: 10 GB data with...

Taproot Wizards Secures $30 Million Fund to Expand OP_CAT Ecosystem

Taproot Wizards Secures $30 Million Funding Taproot Wizards has raised $30 million to enhance its Bitcoin Ordinals project. This marks the...

Bessent Halts Litigation and Enforcement at Consumer Financial Protection Bureau

New Treasury Secretary Scott Bessent has been appointed as the acting head of the Consumer Financial Protection Bureau (CFPB) following the...

SEC's Crypto Task Force to Address 10 Key Regulatory Priorities

The U.S. Securities and Exchange Commission (SEC) has established a Crypto Task Force aimed at providing regulatory clarity for the crypto industry....

David Sacks Announces End to Crypto Industry Persecution at Conference

The press conference led by David Sacks emphasized the importance of digital currencies in the US economy and aimed to end the perceived persecution...

Taproot Wizards Raises $30 Million to Develop OP_CAT Bitcoin Ecosystem

Taproot Wizards has secured $30 million to develop applications using the OP_CAT Bitcoin improvement proposal (BIP). Key points include: OP_CAT...

SEC Faces Uncertainty Amidst New Task Force and ETF Filing Surge

In January, notable developments in the crypto regulatory landscape include: End of SAB 121 Donald Trump’s crypto executive order Creation of a...

WazirX Plans Repayment for $235 Million Hack Pending Creditor Approval

Victims of the July 2024 cyberattack on Indian crypto exchange WazirX may receive full repayments following a $235 million hack. The exchange shared...

Senator Bill Hagerty Introduces Bill for Clear US Stablecoin Regulations

Senator Bill Hagerty is introducing a new bill, the “Guiding and Establishing National Innovation for US Stablecoins” Act, aimed at creating...

US Tech Stocks Recover, But Underperform Compared to Global Competitors

US equities showed recovery, driven by major tech companies. Key points include: The Magnificent Seven stocks performed well, led by Meta's record...

Acting SEC Chair Uyeda Appoints Three Members to Crypto Task Force

The U.S. Securities and Exchange Commission (SEC) has appointed new members to its Crypto Task Force, announced by Acting Chairman Mark Uyeda. Key...

Solana Price Holds Above $205 Amid Market Volatility

Solana (SOL) faced extreme volatility, dropping over 25% due to fears of a U.S. trade war. A shift in sentiment occurred after reports indicated...

U.S. Lawmakers Form Joint Group to Advance Crypto Legislation

The U.S. House of Representatives and Senate are establishing a joint working group to advance crypto legislation. David Sacks, appointed by former...
0