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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/
💰Underbanked Us Households Use Crypto More Than Banked: FDIC Reports
FDIC survey shows underbanked U.S. households (6.2%) lead crypto adoption over fully banked ones (4.8%) in 2023.
🚨South Korean Police Arrest 215 Suspects in $232M Crypto Scam
South Korean authorities have arrested 215 individuals in connection with a $232M crypto scam targeting 15,000 victims.
⚡️ Layer 1 DePIN Network Peaq Goes Live, Token Available on 12 Exchanges
The platform's native token, PEAQ, has also been listed on 12 major cryptocurrency exchanges.
🤝 Bitwise Expands Into Ether Staking With Attestant Acquisition
Crypto asset manager Bitwise acquired Attestant, a company providing Ether staking services, to expand its crypto offerings beyond crypto ETFs.
🥜 Solana Memecoin $PNUT Reaches $1B Market Cap in Just Two Weeks
Solana-based memecoin Peanut ($PNUT) has reached a $1B market cap in just two weeks!
3. TrumpElonVitalikAtsukoSatoMaga (DOGE/WETH) ⚡️
🔹 24h Price Change: +7,509%
🔹 Current Price: $0.00005372
🔹 Analysis: DOGE, despite the mix of names, shows a 7,509% rise. The association with high-profile names and pop culture gives it immediate visibility, appealing to speculative investors.
🔹 Strategic Insight: This type of novelty token can capture short-term attention. If promoted well within communities, it may retain interest, but trends can be short-lived.
🔹 Trade Wisely: With volatility high, setting clear entry and exit points is advisable, and staying updated on any shifts in sentiment or hype can provide early cues.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. CPX50 (CPX/WETH) ⚡️
🔹 24h Price Change: +45,698%
🔹 Current Price: $0.055756
🔹 Analysis: With a remarkable 45,698% increase, CPX50 is seeing substantial upward movement, potentially indicating either a highly speculative spike or news-driven hype.
🔹 Strategic Insight: The impressive surge demands attention, but such high volatility is often unsustainable. Monitoring trade volume and sentiment closely will provide a clearer view of its stability.
🔹 Trade Wisely: Sudden surges often lead to rapid corrections, so cautious trading with stop-losses is advisable.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👾 Immunefi Suspends Trust Security Amid Dispute Over Denied Bug Bounty Payment
Web3 bug bounty platform Immunefi has suspended white hat security firm Trust Security for 90 days following allegations of an unfairly denied bug bounty payment.
📊 Cryptocurrency price check 📊
🔹 BTC: $86,846 - 2.17%
🔹 ETH: $3,179 - 4.88%
🔹 BNB: $602 - 7.63%
🔹 XRP: $0.65 + 8.00%
🔹 ADA: $0.53 - 9.09%
📈 Ether ETFs Garner Another $135M Inflows After Record $295M Day
Spot Ether ETFs are witnessing a surge in net inflows, flipping their total flows to positive territory for the first time since their launch.
🇮🇹Italy Mulls to Lower Capital Gains Tax on Crypto to 28%
The Italian government would likely approve a coalition partner’s proposal to reduce crypto tax to 28%.
⚡️ Donald Trump Taps Elon Musk, Vivek Ramaswamy to Oversee Department of Government Efficiency
It’s official: President-elect Trump taps Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency (DOGE), aiming to cut government waste and streamline operations.
📈 Canary Capital Files First-Ever Spot HBAR ETF Application with SEC
Canary Capital has filed the first-ever application for a Hedera (HBAR) spot ETF with the SEC!
🇺🇸 Bitcoin Faces Regulatory and Operational Hurdles as Reserve Asset: Nomura
Nomura panelists cite regulatory uncertainty, compliance costs, and limited supply as obstacles to Bitcoin's potential as a reserve asset.
⚖️ Coinbase Launches S&P 500 for Crypto: the COIN50 Index
Coinbase said it plans to launch “a significantly broader index” as the crypto market evolves.
🔍U.S. Government Seeks Crypto in Connection With SBF’s Bribes to Chinese Officials
U.S. seeks crypto assets tied to Sam Bankman-Fried’s alleged $40M bribe to unfreeze Alameda Research accounts.
📉 Opinion: Elon Musk's New Job is a Disaster for Dogecoin
Think Elon Musk's role leading the Department of Government Efficiency is good for Dogecoin? Think again
📰 Bitcoin Explodes to $90,000! Trump's Crypto Embrace Fuels Record-Breaking Surge – What's Next?
Bitcoin price explodes to a new all-time high of $90,000, propelled by the "Trump trade" and expectations of favorable crypto regulations.
🐖 Chinese Citizen Pleads Guilty in $73M Cryptocurrency 'Pig Butchering' Scheme
Daren Li pleaded guilty on Tuesday to conspiracy to commit money laundering in connection with a $73 million cryptocurrency scam.
🚀 PayPal Stablecoin Can Now be Transferred to Ethereum and Solana via LayerZero
PayPal’s stablecoin can now be transferred seamlessly between Ethereum and Solana networks, thanks to its integration with LayerZero.
2. Destinys Chicken (DSTNY/WETH)⚡️
🔹 24h Price Change: +24,042%
🔹 Current Price: $0.0008037
🔹 Analysis: Destinys Chicken’s 24,042% spike hints at speculative momentum, likely meme-driven. Such tokens often gain traction in online communities, drawing in investors looking for quick gains.
🔹 Strategic Insight: Keeping an eye on community engagement could give insights into whether this trend will continue. Tokens in this category can experience fast shifts in sentiment.
🔹 Trade Wisely: Meme tokens have high volatility, and while the gains can be substantial, they carry equivalent risks.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📊 Metaplanet Reports $28M Bitcoin Gain, Shares Decline
The Japanese investment firm, Metaplanet, reports a $28M gain in Bitcoin holdings, surpassing 1,000 BTC!
Consensys Launches Linea Association to Support Ethereum Layer 1 Ops
The @LineaAssn a newly formed Swiss non-profit organization, has been launched by @Consensys to support the growth, development, and governance of Linea’s technology.
💻 Revolut Rolls Out Crypto Exchange Services Across 30 European Markets
British fintech Revolut announced its crypto exchange RevolutX is now live in 30 more European countries, following its successful UK launch.
👨⚖️ DOJ Seeks Seizure of $16M in Crypto Linked to FTX from Binance After Year-long Investigation
The DOJ has initiated a civil forfeiture complaint to seize approximately $16 million in cryptocurrency held in a Binance account.
🎬 Apple Developing Movie on FTX Founder Sam Bankman-Fried, Based on Michael Lewis’ Book
Apple and A24 are bringing the FTX scandal to life with a new film about Sam Bankman-Fried, based on bestselling author Michael Lewis’ explosive book.
🚀 AI Firm Genius Group Adopts Bitcoin as Treasury Asset
Genius Group is going "Bitcoin-first," committing 90% of its reserves to Bitcoin! With a $120 million investment plan, they're paving the way for corporate crypto adoption.
📰 Scott Bessent, Donald Trump's Leading Treasury Secretary Hopeful, Is Pro-Bitcoin
@realDonaldTrump 's potential pick for U.S. Treasury Secretary, Scott Bessent, is reportedly pro-crypto.
📰 The Digital Chamber Urges U.S. Lawmakers to Pass Stablecoin Legislation in New Report
The Digital Chamber is urging U.S. lawmakers to pass stablecoin legislation in its latest report amid the push for U.S. crypto regulations.
🚀Binance’s CZ Pokes Fun at ‘Bitcoin is Dead’ Critics as BTC Hits New All-Time High
“Bitcoin is Dead”? Not today. Binance's CZ calls out skeptics as $BTC sets a new all-time high.