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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/
🇦🇪 UAE Digital Assets Oasis Welcomes DAOs with New Regulatory Framework
✨ The UAE's Ras Al-Khaimah region has launched a new regulatory framework, enabling DAOs to operate legally and interact with traditional banking!
🌍 Cloud Miner BitFuFu Expands with New Mining Facility in Ethiopia
💡 BitFuFu is expanding its operations with a new 80 MW mining facility in Ethiopia to cut costs and boost profitability!
📰 CFTC Chair Rostin Behnam Expresses Optimism For Potential Upcoming Crypto Legislation
CFTC Chair Rostin Behnam expressed optimism that Congress could pass crypto legislation in the U.S. following the 2024 presidential election.
👀Elon Musk Seemingly Backs John Deaton In Senate Challenge To Elizabeth Warren
Elon Musk subtly backs John Deaton in his Senate race vs. Elizabeth Warren. Deaton’s pro-crypto stance contrasts sharply with Warren’s regulatory approach.
💡 "MiCA Regulation is Far From Complete” — Tom Kiddle, Ex-Ripple and Apple
Tom Kiddle, Ex Ripple and Apple, shared insights on the EU's MiCA regulation
“Running a financial services company involves more than just AML”, said Kiddle.
🌱 Experts Say Bitcoin Solves the Climate Problem. Here's How
Bitcoin has often been criticized for its perceived high usage of power sources that fuel climate change. New data suggests that the top cryptocurrency could now be a net negative emissions network.
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.
💰 OpenEden Surpasses $150 Million TVL in Tokenized US Treasury Bills
OpenEden’s $TBILL Vault reaches $150 million TVL, securing its place as a top issuer of tokenized treasuries with significant backing.
⚖️ Massive Crypto Fraud Trial Opens in France: 20 Defendants, 1,300 Victims
A massive fraud trial has kicked off in France, with over 20 defendants accused of scamming 1,300 victims through fake crypto and diamond schemes!
🤔 Traditional Finance Eyes Tokenization, But BIS Warns of Risks – Report
The BIS warns in its new report of risks associated with tokenization in traditional finance, despite its potential benefits.
🎙️Michael Saylor Pledges to Donate Bitcoin Wealth to Humanity
Speaking with Madison Reidy on the "Markets with Madison" podcast, Michael Saylor explains his plans to donate his Bitcoin wealth, calling Bitcoin the future of economic structures.
🇮🇳 India Mulls Crypto Ban, Considers CBDC Adoption
India's government may soon impose a crypto ban, while its central bank pushes for the digital rupee’s adoption. Will crypto fade in favor of CBDCs?
💳 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.