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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/
Crypto Firms Launch Global Network to Accelerate USDG Stablecoin Usage
🪙 USDG, currently available on Ethereum, aims to return yield earned on its reserve assets to those who help accelerate adoption.
⚠️ Mt. Gox Shifts $2.2B in Bitcoin to Unidentified Wallets
Bitcoin drops under $68,500 as @MtGox moves $2.2B in Bitcoin to unmarked wallets after last week's $35M transfer.
🚀 SEC Begins Review of NYSE Arca Proposal to Uplist Grayscale Digital Fund to ETP
The SEC has officially started reviewing NYSE Arca's proposal to convert Grayscale's Digital Large Cap Fund into an ETF.
🎧Musicians Explain How the Bitcoin Blockchain Can Fix the Music Industry
As digital platforms struggle to support artists, musicians like Zironi Violetta turn to Bitcoin to secure their rights. Could blockchain be the answer?
📰 Scammers hack rapper @wizkhalifa's X account, promoting a fraudulent meme coin called WIZ. Blockchain investigator @zachxbt warns followers of potential losses.
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🇭🇰USDC Issuer Circle Outlines Expansion into Hong Kong, Readies for Public Listing
As Hong Kong introduces crypto regulations, Circle expands its USDC strategy in the region ahead of its IPO. Will this fuel USDC’s growth?
🤑 Meme Coin News: ‘The Spread of Meme Coins is Highly Contagious’
In meme coin news this week, HTX Ventures’ report says meme coins spread much like a disease, KAMA and MAGA go in opposite direction just one day before US election, and GOAT goes to green fields.
🚀 Digital Asset Products See Record Inflows of $2.2 Billion, Bringing YTD Tally to $29.2 Billion
Digital asset investment products experienced a significant surge last week, attracting inflows of $2.2 billion.
🏦MAS Seeks Greater Momentum Towards Tokenization in Financial Services
MAS has seen “strong interest” in asset tokenization in recent years specifically for fixed income, FX and asset management.
💵 TRON Founder Says Coinbase Requested $80M in TRX and $250M in BTC for Token Listing
TRON founder Justin Sun recently disputed Coinbase CEO Brian Armstrong’s claim that the exchange offers free asset listings.
3. Shrub (SHRUB/WETH) ⚡️
🔹 24h Price Change: +15,996%
🔹 Current Price: $0.005937
🔹 Analysis: SHRUB’s impressive growth might be fueled by niche interest or novelty appeal, potentially making it attractive within specific trading communities. Such tokens often experience short-lived momentum, especially if linked to themes or trends.
🔹 Strategic Insight: Watch for any ongoing promotions or social media campaigns around SHRUB, as they could support sustained price activity. However, sharp corrections are common in such cases.
🔹 Trade Wisely: Proceed with caution, as tokens with large one-day increases often face corrections. Proper risk assessment is advisable.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. 1st Bitcoin Mascot (HUEVOS/WETH) ⚡️
🔹 24h Price Change: +57,510%
🔹 Current Price: $0.2100
🔹 Analysis: HUEVOS has seen explosive growth, likely driven by strong speculative interest or viral traction. Its branding as the "1st Bitcoin Mascot" may appeal to meme-focused traders.
🔹 Strategic Insight: Keep an eye out for influencer or community-driven momentum, which could sustain gains, but also be wary of high volatility in the short term.
🔹 Trade Wisely: Sudden surges like this can lead to fast profit-taking, so consider a risk-based approach if investing.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👾Crypto Casino Metawin Suffers Exploit, $4M Drained
Crypto casino platform Metawin lost $4 million from its Ethereum and Solana hot wallets in a hack.
🐙 Kraken Launches Crypto Derivatives Suite for Australian Wholesale Clients
Kraken has introduced a new suite of crypto derivatives for Australian wholesale clients, designed to align with regulatory requirements.
👨⚖️ Heather Morgan Seeks Sentence Served in Bitfinex Bitcoin Laundering Case
Heather Morgan is requesting to avoid further prison time as she awaits sentencing for her involvement in laundering Bitcoin stolen from Bitfinex.
🇺🇸 Crypto Companies Could See More US Listings if Trump Wins: Report
According to a research report from HTX Ventures, a Trump administration could likely introduce clearer and more lenient regulations for the crypto industry.
📰 Andreessen Horowitz Donates $23 Million To Crypto Super PAC Fairshake
Crypto super PAC Fairshake has received $23 million from Andreessen Horowitz’s Chris Dixon, founder of a16z.
🇺🇸 Bitcoin Markets Brace for US Election Volatility: Bitfinex Report
As election day approaches, Bitcoin volatility remains subdued, with Bitfinex analysis predicting a spike in market activity post-election.
💰Standard Chartered’s Zodia Custody in Talks to Raise $50 Million for Crypto Expansion
Zodia Custody, backed by Standard Chartered, is looking to raise $50 million to expand its reach in crypto custody and service offerings.
🇺🇸 Donald Trump, Kamala Harris Neck-And-Neck Just One Day Before Election
Trump and Harris enter Election Day in a neck-and-neck race, with Trump gaining in Arizona and Harris leading in swing states like Nevada. Final polls reflect a tight contest for the 2024 U.S. Presidential Election.
🚨 New podcast with Jeff Garzik, CEO of Bloq and Hemi Network | pt.2
In this conversation, Matt and Jeff discuss:
- The Future of Bitcoin
- Bridging Bitcoin and Ethereum
- Proof-of-Proof (PoP)
🔊 https://loom.ly/UcTN8yc
🌱 Deutsche Telekom Subsidiary Partners with Bankhaus Metzler for Green Bitcoin Mining Initiative
Deutsche Telekom's subsidiary MMS has teamed up with Bankhaus Metzler to pilot a Bitcoin mining project using surplus renewable energy in Germany.
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🇵🇰 Pakistan Government Proposes Changes to SBP Act to Legalize Crypto
The Pakistani government is moving to legalize digital currencies by amending the State Bank of Pakistan Act.
⛓️ TON Society Co-Founder Talks Telegram Privacy and Tether's Dirham-Pegged Stablecoins
The Open Network (TON) Society cofounder Jack Booth talked to CryptoNews at The Gateway event in Dubai about Telegram retaining privacy features and the use case for Tether's Dirham-Pegged Stablecoins.
2. PIKO (PIKO/WETH) ⚡️
🔹 24h Price Change: +38,325%
🔹 Current Price: $0.001962
🔹 Analysis: PIKO’s substantial price jump suggests increased trading volume, possibly tied to community interest or short-term speculative trading. Its low price point may attract traders looking for rapid returns.
🔹 Strategic Insight: Look for community discussions or exchange listings that may support continued price action. Such tokens can be volatile, so timing plays a big role.
🔹 Trade Wisely: With the possibility of both large gains and losses, risk management is crucial when considering entry.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👨🏻💻 Colorado Resident Loses $6,000 in Bitcoin to Scam Involving Fake Law Enforcement
A Keystone, Colorado, resident lost over $6,000 in Bitcoin to a sophisticated scam last week after fraudsters posed as law enforcement officers.
📊 Cryptocurrency price check 📊
🔹 BTC: $69,092 + 1.00%
🔹 ETH: $2,475 + 1.10%
🔹 BNB: $562 + 0.01%
🔹 XRP: $0.50 + 1.03%
🔹 ADA: $0.33 - 2.01%
🔔 Chinese E-commerce Giant Alibaba Cuts Jobs in Metaverse Department
Alibaba's metaverse unit faces a major reshuffle with job cuts, as dozens have reportedly been let go.
🤑 Hong Kong Crypto Broker Victory to Launch Virtual Asset Structured Products by Year's Close
Crypto broker Victory Securities announces end-of-year launch for structured products and stablecoin yield services, aimed at Hong Kong’s pro investors.