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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/
️👮 Hydra Founder Sentenced to Life in Prison by Russian Court for Running $5 Billion Crypto Black Market
Stanislav Moiseev, the mastermind behind the notorious online black market Hydra, has been handed a life sentence by a Russian court.
📈 South Korea Hits Record $34 Billion Trade Volume as President Declares Martial Law
South Korea witnessed a record $34.2 billion in cryptocurrency trading volume over 24 hours following a declaration of martial law.
❌ Polymarket Bettors Predict Microsoft Has 10% Chance Of Approving Bitcoin Investment
Microsoft shareholders will reject a bitcoin investment proposal, the majority of Polymarket bettors predict.
🇸🇬 Singapore’s dtcpay to Replace Bitcoin and Ethereum with Stablecoins by 2025
Singapore-based cryptocurrency payment provider dtcpay will exclusively shift to supporting stablecoins for payments by 2025, phasing out Bitcoin and Ethereum.
⚒️ MARA Acquires Texas Wind Farm to Reduce Grid Dependency
Bitcoin miner MARA has acquired a 114MW wind farm in Texas to power mining operations, reducing reliance on grid energy amid AI competition.
🚀BlackRock’s Bitcoin ETF Exceeds 500K BTC in AUM
BlackRock’s IBIT spot Bitcoin ETF has surpassed 500,000 BTC in assets under management (AUM), equating to $48 billion.
🐿️ Coinbase Sparks PNUT Listing Speculation with Apple Pay Tutorial
Coinbase just dropped a tutorial featuring Peanut the Squirrel (PNUT) with Apple Pay integration! Could this hint at a potential PNUT listing?
3. Omira (OMIRA/WETH) ⚡️
🔹 24h Price Change: +7,901%
🔹 Current Price: $0.01061
🔹 Analysis: Omira’s growth is likely tied to speculative activity, as there’s limited information suggesting a fundamental catalyst. Its price point makes it appealing for microcap traders seeking quick profits.
🔹 Strategic Insight: Omira needs to showcase utility or community engagement to sustain this momentum. Without clear use cases, it risks fading once speculative interest wanes.
🔹 Trade Wisely: Approach cautiously as microcap tokens often lack liquidity and are prone to pump-and-dump cycles. Short-term plays might yield gains, but long-term holding carries higher risk.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Terra Ecosystem (Terra/WETH) ⚡️
🔹 24h Price Change: +80,258%
🔹 Current Price: $4.3022
🔹 Analysis: Terra's explosive growth suggests renewed market interest, likely tied to speculation or ecosystem updates. However, given Terra's controversial history, this spike may be more speculative than fundamental.
🔹 Strategic Insight: Terra’s ability to sustain this growth depends on rebuilding trust and showcasing tangible progress in its ecosystem. Investors should monitor announcements and development activities.
🔹 Trade Wisely: While the surge is tempting, Terra's past challenges underline the need for extreme caution. Prioritize short-term gains over long-term holds unless new developments justify confidence.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🤝 Yuga Labs Acquires Tech Team of Web3 Tokenization Firm Tokenproof
Yuga Labs, the blockchain giant behind the Bored Ape Yacht Club (BAYC) NFTs, has acquired the technology team of Tokenproof.
📊 Cryptocurrency price check 📊
🔹 BTC: $95,654 - 0.71%
🔹 ETH: $3,632 - 1.34%
🔹 BNB: $653 + 0.55%
🔹 XRP: $2.62 + 7.52%
🔹 ADA: $1.28 + 11.01%
🇳🇴 Crypto Firms in Norway’s Wealth Fund Portfolio Face Ethics Probe
Norway’s wealth fund ethics probe to target crypto firms and other holdings in 2025, possibly leading to divestment.
🚀 Sonic Labs Prepares for Public Launch of Sonic Blockchain Following Genesis Milestone
Sonic Labs has announced the impending public launch of its layer-1 blockchain, Sonic, following the completion of its Genesis milestone.
📰
Bitcoin Dip Fuels Institutional Appetite: Can Today’s Huge Buys Push the Price to $100K in December?
Bitcoin price dips have triggered a wave of institutional buying. MicroStrategy, MARA, Metaplanet, and Genius Group add to their BTC holdings.
👟Nike-Owned RTFKT Announces to Cease Web3 Operations
Nike-owned web3 studio RTFKT will close by January 2025 with its final release, the MNLTH X featuring the BLADE DROP, set for December.
💰 ‘Bitcoin Jesus’ Roger Ver Fights Tax Case, Claims Violation of Constitutional Rights
'Bitcoin Jesus' Roger Ver’s lawyers call for dismissal of tax evasion charges, claiming the IRS’s exit tax violates the Constitution.
🇦🇺 Australia’s Financial Watchdog Calls for Opinions on Digital Asset Regulation Updates
Australia’s financial watchdog plans to update digital asset guidance, asking for feedback ahead of mid-2025 rollout.
📰 Crypto Giving Tuesday 2024 Set To Be The Biggest Year For Donations
Crypto Giving Tuesday 2024 is expected to see a record number of crypto donations due to rising prices and increasing nonprofit participation.
🏛️ Trump Expected to Announce Pro-Crypto Paul Atkins as SEC Chair Replacement
President-elect Donald Trump will announce Paul Atkins as SEC Chair, replacing Gary Gensler, Unchained reported Tuesday.
🇰🇷 South Korea's Emergency Martial Law Hits Crypto Market
South Korea's crypto market has seen fluctuations and unusual trading activities as President Yoon Suk Yeol declares emergency martial law.
👉 Cardano Apps Get a Backup Layer Through Blockfrost and Filecoin Collab
The collaboration will improve data redundancy, scalability, quality assurance, and decentralization across the Cardano ecosystem, the teams said.
📉 XRP Cuts Reserve Requirements by 90% to Allow Wallets with Lower Amounts
XRP Ledger made a significant change, cutting its reserve requirements by 90%.
2. BondRWA (BOND/WETH) ⚡️
🔹 24h Price Change: +18,079%
🔹 Current Price: $0.1885
🔹 Analysis: BOND’s rise indicates growing attention toward Real-World Asset (RWA) tokenization narratives. This reflects the broader trend of bridging traditional assets with blockchain for improved liquidity and transparency.
🔹 Strategic Insight: If BondRWA establishes itself as a credible player in the RWA space, it could see more sustained interest. Updates on partnerships with asset issuers or financial institutions would be key signals to watch.
🔹 Trade Wisely: The concept is promising, but early-stage RWA tokens carry significant execution risks. Stay informed on project developments to assess its mid-term viability.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
✅ German Fintech 21X Gains EU Approval for Tokenization Platform Under DLT Pilot Regime
German fintech company 21X has received regulatory approval to launch a tokenization platform, becoming one of the first firms to do so.
🚨 November Phishing Scams Cost 9.2K Victims Over $9M: Report
According to a report by ScamSniffer, November saw over 9,200 victims fall prey to phishing scams, losing a staggering $9.38 million!
🚫 Cambodia Blocks Access to Binance, Coinbase, and OKX in Crypto Market Crackdown
Cambodia has blocked access to 16 cryptocurrency exchange websites, including major platforms like Binance, Coinbase, and OKX.
🔎 SEC Elevates Deputy Crypto Lead to Chief Litigation Counsel Position
The SEC promotes Jorge Tenreiro, ex-acting head of crypto oversight, to chief litigation counsel, hinting at sustained crypto enforcement amid political shifts.
🚫 Coinbase CEO Promises to Cut Ties With Law Firms Linked to Biden Admin’s ‘Bad’ Actors
Coinbase CEO Brian Armstrong warns Coinbase will cut ties with law firms hiring officials involved in Biden admin’s "bad deeds.”
🔋 Parody Of Enron Relaunch Makes Waves On Social Media
A parodic relaunch of Kenneth Lay's Enron Corporation Mentioned incorporating decentralized technology into the company's future.
🚀 Genius Group Boosts Bitcoin Holdings to 172 BTC with $1.8M Purchase
Genius Group has increased its Bitcoin holdings to 172 BTC with a $1.8 million purchase! This move supports their ambitious "Bitcoin-first" strategy.