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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/
🇨🇭UBS Asset Management Debuts Tokenized Money Market Fund on Ethereum
UBS Asset Management debuts the uMINT tokenized fund on Ethereum, seeking to meet institutional demand for secure, blockchain-based cash management solutions.
🤳 Privado ID (ex-Polygon ID) Reveals ‘First’ Multi-Chain, Multi-Device Verification, Works with Deutsche Bank, HSBC
The new protocol enables users to verify their identity only once and reuse it across any EVM-compatible chain.
3. Chop (CHOP/WETH) ⚡️
🔹 24h Price Change: +6,299%
🔹 Current Price: $0.066355
🔹 Analysis: CHOP’s strong price surge suggests a possible uptick in investor interest, potentially tied to social media influence or themed campaigns. The rapid rise reflects speculative trading, but it could maintain momentum if it gains traction within specific investor circles.
🔹 Strategic Insight: Monitor online mentions and community forums; strong engagement could fuel further gains. However, substantial increases in value could also result in profit-taking soon.
🔹 Trade Wisely: Like other rapidly gaining tokens, CHOP could be volatile, so exercise caution and be mindful of quick market shifts.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Meter Governance (eMTRG/WETH)💰
🔹 24h Price Change: -8.16%
🔹 Current Price: $0.2508
🔹 Analysis: eMTRG's recent decline could indicate a market correction following previous gains, or a shift in focus toward other tokens. This governance token might be facing selling pressure due to short-term traders locking in profits.
🔹 Strategic Insight: Consider monitoring eMTRG's long-term potential and any upcoming project developments. Price declines can signal buying opportunities if the fundamentals remain solid.
🔹 Trade Wisely: Watch for stable support levels before considering entry, as continued declines could indicate deeper selling sentiment.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
💵 Paxos Launches USDG Stablecoin in Singapore Compliant to Regulatory Framework
Paxos has launched the USDG stablecoin in Singapore, fully compliant with local regulations and backed by DBS Bank.
⛓️TON Telegram Wallet to Launch Major Updates Adding Self-Custodial Option
At The Gateway event in Dubai today, TON announced an update to its Telegram-integrated crypo Wallet, with numerous new features highlighting a shift in user accessibility.
📊 Cryptocurrency price check 📊
🔹 BTC: $69,356 - 4.18%
🔹 ETH: $2,500 - 5.97%
🔹 BNB: $578 - 2.36%
🔹 XRP: $0.51 - 1.26%
🔹 ADA: $0.33 - 5.09%
🚨 Immutable Hit with SEC Wells Notice for Alleged Securities Law Violations
Blockchain gaming platform Immutable faces SEC scrutiny after receiving a Wells notice alleging potential securities violations.
🚀 Crypto.com Expands US Offerings with Watchdog Capital Acquisition
Crypto.com is expanding its U.S. offerings by acquiring Watchdog Capital, enabling equity and options trading alongside crypto!
🚨 Australian Police's New Powers Yield $142K Crypto Seizure
Australian Victoria Police have seized $142K in cryptocurrency during a drug trafficking investigation, marking the first successful confiscation under new laws!
⚠️ Crypto Losses in October 2024: 2nd Lowest YTD but 114% Higher Than Previous October
Over the past 30 days, the space lost $55,138,600 in DeFi hacks across seven incidents, Immunefi reported.
🔎 Polymarket Facing Rampant Wash Trading Claims in New Fortune Report
Polymarket is allegedly filled with wash trading, a form of market manipulation, a new Fortune report alleges. Here's the latest.
☀️Blockchain-Based Solar Firm Glow Raises $30M For Renewable Grid
Glow raises $30M to expand its blockchain-powered solar farms in the U.S. and India, supporting carbon-neutral energy projects and rewarding top performers.
📣 Binance's CZ Reflects on Prison Life, Says Human Connection Matters More Than Anything
Changpeng Zhao (CZ), made his first appearance on stage at Binance Blockchain Week event in Dubai on Thursday in front of a packed room to discuss his time in prison and future plans.
🇳🇱 Dutch Central Bank Fines Bybit €2.25 Million for Unlicensed Crypto Operations
The Dutch Central Bank has fined Bybit €2.25 million for operating without a license.
🇦🇪 Tether to Launch Its Dirham-Pegged Stablecoin on TON Blockchain
Tether is launching its Dirham-pegged stablecoin on TON Blockchain, according to Alessandro Giori, senior strategic partnership manager at Tether.
🚀 Kraken Appoints Former Dapper Labs CFO, Stephanie Lemmerman
Kraken has appointed Stephanie Lemmerman, former CFO of Dapper Labs, as their new CFO.
2. FUNGUY (FNGY/WETH) 🚀
🔹 24h Price Change: +17,122%
🔹 Current Price: $0.0002250
🔹 Analysis: FUNGUY’s explosive growth may indicate recent viral attention or speculative trading on a low-cost token. Meme tokens like this can spike quickly with strong online community engagement, which may not be sustainable long-term.
🔹 Strategic Insight: Look out for community-driven activity or listings on popular exchanges that could extend its growth. Such tokens can experience rapid reversals, so timing is key.
🔹 Trade Wisely: Volatility is likely, so consider taking a gradual profit approach if holding, or proceed cautiously with new entries.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 16, breaking down the latest crypto headlines.
Don’t miss out — tune in now ✨
🚀 Coinbase Expands Staff Headcount in Q3, Reaching Highest Levels in Almost 2 Years
Coinbase hit its biggest workforce size in almost two years in Q3, hinting at a potential recovery in crypto hiring after 2022’s turmoil.
💸 500 BTC Moved From Mt. Gox-Linked Address: Arkham Data
Mt. Gox has moved 500 Bitcoins worth $35.04 million to several unknown addresses.
💰 Tether Reports Strong Q3 with $2.5B Profit, US Treasury Holdings Top $100B
Stablecoin issuer Tether said its Q3 profits hit $2.5B, lifting 2024 earnings to $7.7B and driving USDT circulation close to $120B.
👾Crypto ‘Market Maker’ Gotbit Founder Faces Wire Fraud Charges
Gotbit founder was involved in “a wide-ranging conspiracy” to manipulate crypto markets on behalf of client companies.
📰 SEC Crypto Defendants Spent $426 Million In Legal Defense Fees, Blockchain Association Reveals In New Report
Member companies of the Blockchain Association have spent $426 million on legal defense fighting the Gary Gensler-led SEC.
🪙Franklin Templeton Expands OnChain Fund to Layer-2 Base
Franklin Templeton’s $410M OnChain Fund is now on Coinbase’s layer-2 Base, blending blockchain tech with traditional finance assets.
🚨 New podcast with Jeff Garzik, CEO of Bloq and Hemi Network
In this conversation, Matt and Jeff discuss:
- Working with Satoshi
- Creating ASIC mining software for bitcoin
- Satoshi’s anonymity was CIA-level - a true pro
🔊 https://loom.ly/MRFIe2E
🔎 Trump vs Harris on Crypto: Everything You Need to Know
Where do Donald Trump and Kamala Harris stand on crypto — and what does this mean for American investors? Here's a full breakdown.
💰 Billionaire Saylor's MicroStrategy Unveils $42B Plan to Buy More Bitcoin Over Next Three Years
MicroStrategy has announced plans to secure an additional $42 billion in funding over the next three years, with the sole purpose of buying more Bitcoin.
💵 Can CBDCs Break US Dollar 'Hegemony'? BRICS Hopes So
CBDCs could help end the US dollar dominance in global trade, but that is still a long way off due to complex legal and governance issues.
👨💻 Asia Surpasses North America in Share of Crypto Developers: Electric Capital
The United States now accounts for just 18.8% of global crypto developers, a drop of 51% over the past year.