News

Ripple Achieves NYDFS Approval for RLUSD Stablecoin

Ripple, the digital payments company behind the XRP cryptocurrency, has received final approval for RLUSD from the New York Department of...

Fuel Network Launches FUEL Token to Eliminate Transaction Fees

Fuel Network, an Ethereum-based optimistic rollup protocol, has launched its native token, FUEL, introducing 10 billion tokens aimed at...

Interchain Foundation Acquires Skip to Strengthen Cosmos Ecosystem

The Interchain Foundation (ICF) has acquired Skip, a company known for its technological innovations in blockchain, to enhance the Cosmos ecosystem....

Senate Committee to Vote on SEC Commissioner Caroline Crenshaw

The Senate Banking, Housing and Urban Affairs Committee is scheduled to vote on Caroline Crenshaw's position as SEC commissioner. Criticism of SEC...

Microsoft Shareholders Reject Bitcoin Balance Sheet Proposal

There was a proposal for Microsoft’s board to evaluate the long-term shareholder benefits of holding bitcoin on its balance sheet. Shareholders...

Microsoft Shareholders Vote Against Bitcoin Investment Proposal

Microsoft Corp. (NASDAQ: MSFT) has opted not to invest in Bitcoin. On December 10, 2024, Microsoft shareholders rejected a proposal from the...

Traders Prepare for Upcoming Key Inflation Data Releases

US equity markets were muted as traders await key inflation data. November’s consumer price index (CPI) report will be released tomorrow, followed...

Tether's USDT Recognized as Accepted Virtual Asset in Abu Dhabi

Tether's USDT, the largest stablecoin in the cryptocurrency sector, has been recognized as an Accepted Virtual Asset (AVA) in Abu Dhabi. This...

Dogecoin Shows Resilience Amid Largest Crypto Leverage Flush Since 2021

The crypto market experienced the largest leverage flush out since April 2021 on December 9. During this market shakeout, Dogecoin (DOGE)...

OKX Ventures Commits $5 Million to The Open Network Ecosystem

OKX Ventures, a subsidiary of OKX crypto exchange, has committed $5 million to The Open Network (TON) ecosystem to support Web3 innovation. This...

Magic Eden Launches ME Token with Airdrop for Users

After announcing its ME token in August, Magic Eden launched the token today with numerous listings on tier one and two centralized exchanges. ...

Solana Maintains $209 Support Level Amidst Bearish Pressure

Solana (SOL) remains stable at a crucial $209 support level, with recent bearish trends failing to breach this point. SOL's resilience has led to...

Ray Dalio Advocates Gold and Bitcoin Over Debt Assets at Abu Dhabi Conference

This week, global investors gathered in Abu Dhabi for finance and cryptocurrency conferences. Billionaire investor Ray Dalio, founder of Bridgewater...

Interchain Foundation Acquires Skip to Centralize Cosmos Development

The Interchain Foundation (ICF) has acquired Skip, a team of 20 focused on the Cosmos ecosystem. This acquisition creates a new subsidiary,...

Koma Inu Surges 170% After Receiving DWF Labs' Meme Fund Investment

Koma Inu (KOMA), a meme coin project claiming to be the first to build a fully on-chain website, is the initial recipient of investment from DWF...

MARA Holdings Acquires 11,774 Bitcoins for $1.1 Billion

MARA Holdings Inc. (NASDAQ: MARA), a Florida-based crypto mining company focused on Bitcoin, announced the acquisition of 11,774 Bitcoins for...

Solana Aims for $295 Target After Testing Critical Demand Level

Solana (SOL) gained attention in the crypto market after reaching a new all-time high of $264 on November 22, followed by volatility. It is...

Hamster Kombat Launches The DAO for Community Governance and Utility

Hamster Kombat (HMSTR) is a Telegram-based crypto game that gained popularity earlier this year amid the rise of meme crypto projects. The game...

Hyperbolic Raises $12 Million in Series A Funding Round

Hyperbolic, a firm specializing in open access artificial intelligence (AI) computing and inference services, has raised $12 million in a Series A...

Japanese Crypto Exchange Bitbank Confirms IPO Plans for Next Year

Bitbank, a prominent cryptocurrency exchange in Japan, confirmed plans for an initial public offering (IPO) next year. CEO Noriyuki Hirosue...

Iran Shifts Strategy to Regulate Crypto Industry Amid Sanctions

Iran has shifted its approach to digital currency, opting to regulate the crypto industry rather than impose restrictions. This decision was...

Google Introduces Willow Quantum Chip with Potential to Challenge Bitcoin Security

Top technology firm Alphabet Inc (NASDAQ: GOOGL), through its subsidiary Google, has introduced Willow, its latest quantum chip. Many...

XRP Price Experiences ABC Correction with Potential Bounce to $2.8

The XRP price has shown significant volatility over the past eight weeks, with trading activity not seen in over six years. Following the U.S....

New Zealanders Express Disinterest in Central Bank Digital Currency

The citizens of New Zealand have expressed their disinterest in a central bank digital currency (CBDC). This sentiment emerged from the Reserve...

DWF Labs Launches $20 Million Fund for Autonomous AI Agent Development

Dubai-based market maker and liquidity provider DWF Labs has launched a $20 million fund dedicated to developing autonomous AI agents, intended to...

Ripple's XRP Shows Potential to Reach $200 by 2025

Despite a recent market downturn, Ripple's XRP is attracting significant attention. A notable technical breakthrough in its price chart has led...

Market Dynamics Shift as Older Coins Struggle to Keep Up

Abe Simpson’s rant about aging applies to the crypto market. Five years ago, popular assets included Litecoin, XRP, Stellar, Cardano, Zilliqa,...

Bank of England Tests ZK-Proof Technology for Digital Pound Privacy

The Bank of England is testing privacy technologies like ZK-Proof, or zero-knowledge proofs, for integration into the Digital Pound ecosystem to...

Cardano Holds Above Key Support Level After 20% Dip

Cardano (ADA) Price Movement Cardano (ADA) experienced a 23% retracement from local highs, following a volatile period for many altcoins....

Magic Eden Token Launches on Binance, Upbit, and Bithumb December 10

Magic Eden, a prominent cross-chain NFT marketplace, is set to launch its ME token airdrop on December 10th. The platform supports various chains,...