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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/
💰 MARA Holdings to Raise An Additional $805M for Bitcoin Purchases and Debt Repayment
MARA Holdings plans to raise $805 million to boost its Bitcoin reserves and manage debt through convertible senior notes.
🇨🇳China's Digital Yuan Still Encounters Challenges in Adoption: Report
China's digital yuan, the country's central bank digital currency (CBDC), is facing significant hurdles in gaining widespread adoption.
📈 Crypto Spot Trading Volume Surges to $2.71 Trillion in November, Doubling October's Numbers
November saw a resurgence in crypto trading, with monthly spot trading volumes soaring to $2.71 trillion, the highest level since May 2021.
2. PolySync (PSYNC/WETH) ⚡️
🔹 24h Price Change: +2,341%
🔹 Current Price: $0.002662
🔹 Analysis: PolySync's more measured rise suggests growing investor interest, possibly due to its association with Ethereum scaling or interoperability narratives. However, its growth is still speculative without clearer project details.
🔹 Strategic Insight: If PSYNC ties itself to relevant blockchain narratives like cross-chain functionality, it could sustain attention. Community growth and project transparency will be key drivers.
🔹 Trade Wisely: While its rise is less volatile, it’s still risky. Ensure to track updates or partnerships that could justify further interest.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👨🏻💻 Clipper DEX Says Withdrawal Vulnerability Led to $450K Hack, Denies Private Key Leak
Clipper has revealed that a vulnerability in its withdrawal function enabled a $450,000 hack, refuting claims of a private key leak.
📊 Cryptocurrency price check 📊
🔹 BTC: $96,777 + 0.33%
🔹 ETH: $3,701 + 0.29%
🔹 BNB: $653 + 0.45%
🔹 XRP: $2.44 + 29.88%
🔹 ADA: $1.16 + 9.97%
👨🏻💻 Japanese Crypto Exchange DMM Bitcoin to Liquidate After $320M Hack
DMM Bitcoin is preparing to wind down its operations following a massive $320 million loss in Bitcoin due to a private key hack in May.
🚀 Michael Saylor Pitches 'Bitcoin Strategy' to Microsoft Board, Predicts $5 Trillion Market Gain
Michael Saylor pitched Bitcoin strategy to Microsoft’s board of directors, suggesting the firm could gain $5 trillion by embracing Bitcoin.
🚀 XRP Surges Past USDT to Become Third Largest Crypto by Market Cap
Ripple’s XRP skyrocketed 30% on Monday, surpassing USDT to claim the #3 spot in crypto market caps amid a bullish streak.
📈 Grayscale's Crypto Holdings Surge in November Amid Stellar and XRP's Triple-Digit Gains
Grayscale Investments has seen its cryptocurrency holdings skyrocket in November, driven by surging altcoins like Stellar (XLM) and XRP.
👨⚖️ SEC Sues Touzi Capital Over Misleading Crypto Mining Fund Claims
The SEC has filed a lawsuit against Touzi Capital, accusing it of misrepresenting the liquidity of its crypto asset mining fund.
✅ NYDFS Set to Approve Ripple Labs’ Overcollateralized RLUSD Stablecoin
The NYDFS is reportedly poised to approve Ripple Labs’ RLUSD, an overcollateralized stablecoin pegged to the U.S. dollar.
📈 U.S. Spot Ether ETFs Hit Record Daily Inflow of $332M
Spot Ether exchange-traded funds (ETFs) in the United States saw a record $332.9 million in daily inflows on Friday.
🇮🇩 Indonesia’s 2024 Crypto Transactions Exceed $30B with 21M Traders
💸 Indonesia's crypto market is booming! With over $30 billion in transactions and 21 million traders in 2024, the country is solidifying its status among the global crypto leaders.
🚀 Bitcoin ETFs See Record Monthly Inflows of $6.2B as BTC Price Nears $100K
The surge is largely driven by Bitcoin’s rise toward the $100,000 mark, bolstered by President-elect Donald Trump’s promises to reshape crypto regulations.
🚀 WisdomTree Files an S-1 Registration with SEC for XRP ETF
WisdomTree has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot XRP ETF.
🇺🇸 Coinbase Exec Predicts Stablecoin Regulations by 2025 After Trump Win
Coinbase's Chief Policy Officer Faryar Shirzad predicts swift stablecoin regulations under a Trump presidency by 2025, thanks to a pro-crypto Congress.
3. 0xBID AI (0xBID/WETH) ⚡️
🔹 24h Price Change: +1,652%
🔹 Current Price: $0.008993
🔹 Analysis: 0xBID’s rise, though smaller in percentage compared to others, reflects steady speculative interest in AI-linked tokens. Its association with AI could be driving sentiment, a hot trend in crypto markets.
🔹 Strategic Insight: If 0xBID can position itself as a utility-driven AI asset or release updates emphasizing use cases, it could enjoy continued growth. AI-focused narratives remain highly influential.
🔹 Trade Wisely: The slower growth here suggests less volatility but does not eliminate risk. Look for solid indicators like partnerships or integration to determine its mid-term potential.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Mao on Eth (MAO/WETH) ⚡️
🔹 24h Price Change: +6,205%
🔹 Current Price: $0.002419
🔹 Analysis: MAO’s substantial surge reflects speculative interest or potential news driving attention. The rise is notable, but with no significant underlying information, it’s likely driven by short-term momentum.
🔹 Strategic Insight: This token could retain momentum if it leverages community support or announces project updates. However, the lack of clarity on utility raises red flags for sustainability.
🔹 Trade Wisely: Exercise caution as rapid growth without a clear catalyst may lead to sharp corrections. Monitor trading volume and sentiment closely.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📈 XRP Trading Volume Hits $3.7 Billion on South Korean Exchange Upbit, 10x More Than Bitcoin
Trading volumes of XRP tokens against Korean won hit $3.7 billion on the South Korean crypto exchange Upbit in the last 24 hours as the token flipped USDT in market cap.
🇹🇷 Coinbase Pulls Out of Plans to Enter Turkey's Crypto Market
Crypto exchange Coinbase has withdrawn its pre-application to enter Turkey’s crypto market, according to Türkiye’s Capital Markets Board.
📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 20, breaking down the latest crypto headlines.
Don’t miss out — tune in now✨
🇺🇸 US Was Losing Crypto Leadership Before Trump Win: Cathie Wood
Star stockpicker Cathie Wood said the US was losing its crypto advantage before Trump’s reelection turned the tide.
🏛️ Former Facebook Exec Claims Political Barriers Led to Libra's Collapse
David Marcus, the former head of Facebook's blockchain project Libra, has revealed that political opposition ultimately doomed initiative.
🍌 Opinion: Justin Sun's Banana Stunt Has Backfired
The public are furious that $6.2 million was wasted on a piece of fruit — here's why.
📉 Central Bankers’ Enthusiasm for CBDCs Wanes Despite Growing Research: OMFIF Survey
Central bankers are losing enthusiasm for central bank digital currencies (CBDCs) despite a continued rise in research efforts.
🚀 OKX Expands in Europe, Launches Crypto Trading Platform and Wallet in Belgium
Crypto exchange OKX has expanded its footprint in Europe by launching a trading platform and self-custodial wallet in Belgium.
🕵🏻♂️Janet Yellen’s Warning to Fed Chair Killed Meta's Crypto Project, Says David Marcus
Treasury Secretary Janet Yellen warned Federal Reserve Chair Jerome Powell that supporting Libra’s launch would amount to “political suicide,” says David Marcus
🇷🇺 Russia Recognizes Crypto as Property, Imposes New Tax Rules on Mining
💰 President Putin has signed a law recognizing crypto as property and introducing a 13%-15% tax on transactions while exempting mining from VAT.
⚖️China’s Supreme Procuratorate Outlines Crypto Focus in New AML Law
Procurator-General Ying Yong of China’s Supreme People’s Procuratorate emphasized combating crypto laundering under the revised AML Law.