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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/
💳 Avalanche Launches Visa Card for Crypto Payments
Avalanche has launched the Avalanche Visa Card, allowing users to spend crypto like cash at millions of stores.
2. schlonged (SHLONG/WETH) ⚡️
🔹 24h Price Change: +12,318%
🔹 Current Price: $0.0004011
🔹 Analysis: schlonged’s 12,000%+ increase
suggests it may be riding a meme-based surge, likely driven by speculative interest or humorous community backing. Meme tokens with quirky names often experience rapid gains when they catch the attention of crypto traders looking for short-term profits.
🔹 Strategic Insight: Check for any social media campaigns, influencer mentions, or community engagement driving this price action. Meme tokens can move quickly but often rely heavily on viral momentum.
🔹 Trade Wisely: schlonged’s low price and high volatility mean it could swing wildly in both directions. Be mindful of potential rapid corrections after such sharp increases.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚀 Spot Bitcoin ETFs See $294M in Inflows Despite BTC Price Dip
Spot Bitcoin exchange-traded funds (ETFs) attracted significant inflows on Monday, totaling $294.29 million despite a dip in Bitcoin’s price.
🤝 Matchain Partners with PSG to Enhance Fan Engagement with Web3 Innovations
Paris Saint-Germain (PSG) has partnered with blockchain platform Matchain to revolutionize fan engagement with Web3 innovations.
🎰 Gambling Addiction and FOMO-Driven Investors More Likely to Suffer in Crypto Markets: Study
A study found that people with gambling tendencies or driven by FOMO are more likely to face financial and emotional harm in the crypto market.
⛔ Google Ad for Sony’s Soneium Blockchain is a Crypto Wallet Drainer, Warns Scam Sniffer
A sponsored Google ad posing as a link to Sony's blockchain project, Soneium, has been exposed as a cleverly disguised crypto wallet drainer.
🏦ASIC Charges Ex-CEO of Crypto Platform Mine Digital With $1.4M Transaction Fraud
ASIC has brought fraud charges against former Mine Digital CEO Grant Colthup, linked to a $1.46 million transaction in July 2022.
🗳️ Ripple Co-Founder Fuels Kamala Harris' Election Fund with $11M Donation
Ripple co-founder Chris Larsen donated an additional $10M in XRP to Kamala Harris, making him one of the top crypto donors this election cycle.
🚀 VanEck Enables Solana ETP Staking in Europe
VanEck has enabled staking for its Solana ETN in Europe, allowing investors to earn daily rewards automatically!
📰Crypto Investment Products Record $2.2 Billion Inflows: CoinShares
Coinshares revealed that crypto products saw $2.2 billion in inflows last week.
🗳️Coinbase CEO Brian Armstrong Endorses Dave McCormick, John Deaton For Senate
Coinbase CEO Brian Armstrong endorses Dave McCormick and John Deaton ahead of the Senate elections for their commitment to crypto-friendly policies.
🇯🇵Japanese Police Arrest Suspect Yuta Kobayashi for ¥100 Million Crypto Laundering Scheme
Authorities in Japan have arrested Yuta Kobayashi on charges of laundering ¥100M using Monero in a credit card fraud scheme. Investigators linked him to about 900 fraudulent transactions.
🇬🇧 UK's FCA Defends Strict Crypto Stance to Combat Illicit Activities
UK FCA defends its tough crypto firm registration process, stating that these measures are necessary to protect the financial system from risks such as money laundering, terrorism, and organized crime. Crypto firms must meet high standards or face rejection.
🇮🇹 Italy Eyes 61% Hike to Bitcoin Taxes. Others May Follow
Italy has unveiled plans to dramatically increase the capital gains tax paid by Bitcoin investors. Local businesses say the move is discriminatory as other asset classes — including Bitcoin ETFs — will be unaffected.
🙅🏻♂️Coincover Laying off 50% of Staff, Mostly Sales Team: Sources
Coincover, a company specializing in cryptocurrency protection services, has recently laid off 50% of its staff, with most of the redundancies affecting its sales team.
3. SHINSHU INU (SHINSHU/WETH)⚡️
🔹 24h Price Change: +6,794%
🔹 Current Price: $0.0001790
🔹 Analysis: SHINSHU INU’s nearly 7,000% gain suggests growing interest in this meme-inspired dog token. As with other Inu-themed tokens, its popularity is likely tied to meme culture and retail speculation, riding the wave of dog-related tokens like Dogecoin and Shiba Inu.
🔹 Strategic Insight: Look for viral trends or influencer endorsements that may have sparked SHINSHU INU’s rise. Meme tokens are highly reactive to social media and community movements, so staying informed about sentiment is key.
🔹 Trade Wisely: SHINSHU INU’s rapid rise could invite a price correction. Keep an eye on market conditions and trading volume to manage risk appropriately.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Charged Particles (IONX/WETH) ⚡️
🔹 24h Price Change: +25,403%
🔹 Current Price: $0.7235
🔹 Analysis: Charged Particles (IONX) has skyrocketed over 25,000%, signaling a sudden spike in demand or attention, potentially linked to developments in its unique DeFi and NFT space, which allows users to create “charged” assets with interest-bearing NFTs.
🔹 Strategic Insight: Investigate whether there have been protocol upgrades, new integrations, or partnerships in the Charged Particles ecosystem. This kind of rapid growth often follows platform improvements or community-driven hype around innovative DeFi features.
🔹 Trade Wisely: With its niche in DeFi and NFTs, IONX could be highly volatile. Keep an eye on any upcoming announcements and market sentiment to gauge whether the current spike has staying power.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🏦 “Very Few Transactions Happen on Crypto, Unless it's Drugs:” Minneapolis Fed President
MinneapolisFed President Neel Kashkari claims that cryptos are the currency of drug deals.
⛓️ Chainlink Unveils CCIP Private Transactions for Financial Institutions
Chainlink has launched CCIP Private Transactions, a new privacy-preserving feature for financial institutions.
📊 Cryptocurrency price check 📊
🔹 BTC: $67,316 - 2.23%
🔹 ETH: $2,635 - 3.38%
🔹 BNB: $597 - 0.83%
🔹 XRP: $0.54 - 0.50%
🔹 ADA: $0.36 - 0.89%
👀 WazirX Redirected $74M in Crypto to Other Exchanges After Major Hack: CoinSwitch
CoinSwitch CEO Ashish Singhal claims WazirX moved $74M in users' crypto to Bybit and KuCoin following its massive $234M hack.
🛒 Nomura-Backed Komainu Set to Acquire Propine Holdings Pending MAS Approval
Komainu, a cryptocurrency custodian backed by Nomura Holdings, is set to purchase Singapore-based Propine Holdings Pte Ltd.
🚀 Tether-Owned AI Company Considers Selling Bitcoin Mining Arm
Northern Data, a Tether-owned AI company, is exploring a sale of its Peak Mining unit to fuel AI expansion!
📰 Transak Discloses Ransomware Hack As Stormous Claims Responsibility
Crypto to fiat payment gateway Transak has reportedly been the victim of a Stormous hack.
🇪🇺EU Launches 'Trusted Investors Network' to Boost Deep Tech Startups With $100 Billion Fund
The European Commission launches a nearly $100 billion "Trusted Investors Network" to support deep tech startups and future European tech leaders.
🚨 New podcast with Anthony Georgiades, Co-Founder of Pastel Network
In this conversation, Matt and Anthony discuss:
- How Pastel is involved in the intersection of AI and Web3
- Pastel's new AI product Inference
- The fate of NFTs overall
🔊 https://loom.ly/vb-YLQ4
🇮🇩 Indonesia Extends Deadline for Crypto Exchange Licenses
Indonesia extends the deadline for obtaining a Physical Crypto Asset Traders (PFAK) license until late November 2024!
📊Crypto Makes Big Strides in User Growth, Stablecoin Adoption, and DeFi: a16z Crypto Report
A new report from a16z crypto, a venture capital firm focused on Web3 startups, reveals significant progress in the crypto industry in the areas of policy, decentralization, and user adoption.
🏦 Crypto Lender Ledn Sets New Record with $1.6B in Loans Year-to-Date
Crypto lender Ledn hit a record $1.6b in digital asset loans as of Q3 2024. Retail clients took out $258M, while institutions borrowed $1.4B.
📈 Bitcoin Hashrate Hits Record 769.8 EH/s Despite Declining Mining Profitability
The Bitcoin network’s hashrate, a critical indicator of its security and computing power, reached a new all-time high of 769.8 EH/s.