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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/
📰 FTX's Gary Wang Gets No Prison Time
FTX co-founder Gary Wang has received no prison time for his role in Sam Bankman-Fried's digital asset fraud scheme.
📰 MicroStrategy Increases Convertible Notes Sale To $2.6 Billion To Fund Bitcoin Stash
Michael Saylor's MicroStrategy will up its sale of convertible notes from $1.75 billion to $2.6 billion to fuel its Bitcoin holdings.
📍$TRUMP Honeypot Scam Wipes Out $13 Million From Investors, Plummets to Zero
The scam highlights growing risks in meme coins and unsecure crypto projects, with millions lost in the rug pull.
🏢Hong Kong Cyberport Grows to 270 Web3 Enterprises
With 270+ Web3 enterprises onboard, Hong Kong’s Cyberport reinforces its role as a key player in blockchain development.
🔥 Bitcoin Surpasses Silver, Becomes Seventh Largest Asset
Bitcoin now ranks 7th on the list of the world's largest-traded assets, with $1.85 trillion in market cap, compared to silver’s $1.76 trillion.
🚀 Grayscale to Launch Bitcoin ETF Options Following BlackRock's Record Debut
Grayscale Investments is set to introduce options trading on its spot Bitcoin ETFs this Wednesday.
⛓️ Digital Asset Exchange Archax Adds State Street, Fidelity and LGIM to Platform
@ArchaxEx is adding funds from State Street, Fidelity International, and LGIM to its tokenised real-world asset platform.
🚫 Russia Moves to Ban Crypto Mining in Occupied Ukrainian Territories
Russia is set to ban cryptocurrency mining in occupied Ukrainian territories and energy-stressed regions starting December 2024.
2. Funft.fun (FFT/WETH) ⚡️
🔹 24h Price Change: +32,233%
🔹 Current Price: $0.2476
🔹 Analysis: FFT's rise hints at potential links to NFTs or gamified platforms, which are attracting niche investors. Its playful branding might be driving speculative buying or a community push.
🔹 Strategic Insight: This could gain more traction if connected to a growing NFT market. Check for partnerships or ecosystem activity as indicators of sustained growth.
🔹 Trade Wisely: The mid-range price makes FFT accessible but risky. Keep an eye on trading volumes and any product announcements to gauge longevity.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📜 South Korea to Enforce 20% Crypto Tax Starting 2025 With Higher Exemption Limit: Report
South Korea's ruling Democratic Party of Korea (DPK) is moving forward with plans to implement cryptocurrency taxation from January 2025.
💥 Crypto Custody Firm Copper’s Asia Exec to Join Ledger
Cryptocurrency custody firm Copper head of sales in APAC, Takatoshi Shibayama is to join crypto wallet provider Ledger from January 2025.
💰Trader Turns $21K into $2.68M in 4 Days with $CHILLGUY
A Solana meme coin trader transformed a $21,000 investment into $2.68 million within just four days by trading the $CHILLGUY token.
💰Michael Saylor to Pitch Bitcoin Investment Strategy to Microsoft Board
Bitcoin advocate and Chairman of MicroStrategy Michael Saylor will deliver a three-minute presentation on Bitcoin investment strategy to Microsoft’s board of directors.
🇰🇷South Korean Crypto Yield Firm Haru Invest Declared Bankrupt After $1 Billion ‘Rug Pull’
South Korean crypto yield platform Haru Invest, implicated in a $1 billion fraud, has officially been declared bankrupt.
📰 Bitcoin Will Reach $100k Soon: Industry Experts Explain Why and The Impact On Investors
Industry experts predict the price of Bitcoin will reach $100,000 soon, explaining why all the factors are in place.
🚀 Blockchain Intelligence Platform Arkham to Launch Spot Trading in the US
Arkham Intelligence is launching spot trading on its exchange, blending blockchain analytics with trading services!
🏦India’s Central Bank Not in Hurry to Roll Out CBDC: Report
RBI takes a measured approach to the e-rupee, focusing on gradual adoption while monitoring global CBDC trends.
🏢Hong Kong Cyberport Grows to 270 Web3 Enterprises
With 270+ Web3 enterprises onboard, Hong Kong’s Cyberport reinforces its role as a key player in blockchain development.
🇺🇸 Trump’s DOGE Not Enough to End US Government Inefficiency: Analysts
Elon Musk improved efficiency at X after he bought the platform, but bureaucracy could make it hard to implement similar plans at government-level.
📊 Uniswap V3 Liquidity Pools Are Still Dominated By a Few Large Participants – BIS Study
Researchers analyzed Uniswap v3, a major decentralized exchange (DEX), and found that a small group of sophisticated players control most of the liquidity.
🚨 China’s Ex-CBDC Chief Yao Qian Accused of Cryptocurrency Bribery, Faces Prosecution: Report
Yao Qian, former chief of China's digital currency initiative, is accused of cryptocurrency bribery and misconduct.
📈 MicroStrategy Enters Top 100 U.S. Public Companies, Secures 97th Spot
MicroStrategy (MSTR) has broken into the top 100 publicly traded companies in the U.S., landing at 97th place.
3. Cultur (CULTUR/WETH) ⚡️
🔹 24h Price Change: +27,778%
🔹 Current Price: $0.0001045
🔹 Analysis: CULTUR’s sharp climb may reflect interest in community-driven or cultural tokenization themes. However, its low price and significant percentage growth suggest speculative trading dominance.
🔹 Strategic Insight: Explore whether CULTUR is linked to DAO initiatives or cultural projects. A solid narrative or active use case could support its growth potential.
🔹 Trade Wisely: Tokens in this price range are often highly volatile. Evaluate holder distribution and whale activity to avoid being caught in short-term hype.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Decentralization Obligatory (DOPE/WETH) ⚡️
🔹 24h Price Change: +62,216%
🔹 Current Price: $0.002564
🔹 Analysis: DOPE has skyrocketed, suggesting explosive interest in its decentralization narrative. The massive jump could be tied to speculative trading or hype around its ideals, but details remain scarce.
🔹 Strategic Insight: The token’s surge might attract further attention if tied to credible decentralization efforts. However, due diligence is critical, as such dramatic rises often precede high volatility.
🔹 Trade Wisely: Be cautious of potential reversals. Monitor liquidity, community discussions, and project announcements for clarity before committing.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🔍 YouTuber Logan Paul Accused of Profiting From Misleading Crypto Deals
American YouTube star Logan Paul faces renewed scrutiny over crypto dealings and alleged fan exploitation.
📊 Cryptocurrency price check 📊
🔹 BTC: $92,739 + 1.00%
🔹 ETH: $3,110 - 0.62%
🔹 BNB: $613 - 0.67%
🔹 XRP: $1.09 - 2.41%
🔹 ADA: $0.78 + 3.55%
💰Michael Saylor to Pitch Bitcoin Investment Strategy to Microsoft Board
Bitcoin advocate and Chairman of MicroStrategy Michael Saylor will deliver a three-minute presentation on Bitcoin investment strategy to Microsoft’s board of directors.
💰 Growing Confidence in Crypto Spurs Advisors to Increase Digital Asset Diversification
A new DACFP survey shows a rise in crypto adoption, with more clients investing and advisors increasing recommendations.
🚀 Bitcoin Climbs to $94K as BlackRock’s ETF Options See Strong Opening with 354K Trades
Bitcoin smashed the $94K milestone on Wednesday after the BlackRock BTC options ETF (IBIT) recorded $1.9B in debut trading.
🚨 Coinbase to Suspend Wrapped Bitcoin (wBTC) Trading Next Month
Coinbase will suspend trading of Wrapped Bitcoin (wBTC) on December 19, but users can still withdraw their tokens.