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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/
🤝 SBI VC Trade Acquires Assets of Hacked DMM Bitcoin Exchange, Customer Accounts to Open by March
SBI VC Trade has taken over the assets of the hacked cryptocurrency exchange DMM Bitcoin, with plans to open accounts for DMM customers by March 2025.
🇯🇵 Japan Cautious on National Bitcoin Reserve, Citing Volatility and Foreign Exchange Rules
Japan stays cautious on creating a national bitcoin reserve, citing volatility and legal constraints. PM Ishiba emphasizes the need for safety and liquidity in foreign exchange reserves.
🚀 HYPE Price Jumps 800% After Airdrop, but Trouble Looms — Time to Sell?
Hyperliquid went from skyrocketing gains to security concerns. What’s next for DeFi’s fastest-growing project?
🏛️ Israel Launching Six Bitcoin Mutual Funds Next Week: Report
The Israel Securities Authority has reportedly approved six Bitcoin mutual funds slated to launch next week.
🇷🇺 Russia’s Central Bank Develops New Surveillance Platform to Target Illegal Crypto OTC Services: Report
Russia's Central Bank is developing a new surveillance platform to combat illegal crypto OTC services and enhance financial security!
🚀 Bitget Token BGB Reaches New ATH: Spikes 19% in 24 Hours and 224% in Past Month
Bitget exchange's native token, BGB, has surged 19% in 24 hours and 224% in the past month, according to CoinMarketCap data.
👨⚖️ Montenegro's Constitutional Court Rejects Do Kwon's Appeal Against Extradition Verdict
Montenegro's Constitutional Court has rejected an appeal by Kwon Do-hyeong, widely known as Do Kwon.
🇰🇷 South Korea’s Crypto Investors Exceed 15M as November Trading Volume Nears Stock Market Levels
South Korea now has over 15M crypto investors, with November trading volume hitting ₩14.9T—on par with the stock market.s.
📰 Forrester Report: 11 Enterprise Blockchain Myths of The Decade
Forrester Research released a new report that uncovers eleven enterprise blockchain myths over the last ten years.
🚀 WhiteRock Unveils DeFi Platform for NYSE, Nasdaq, and LSE Securities Tokenization
💹 WhiteRock has unveiled a tokenized platform for trading NYSE, Nasdaq, and LSE securities on the blockchain.
🏈 Crypto.com Launches Sports Prediction Market Ahead Of Super Bowl LIX
The Kris Marszalek-led Crypto.com announced a foray into sports betting Monday ahead of Super Bowl LIX in February.
🔋GCL Energy and Ant Digital Partner on Photovoltaic RWA Tokenization
GCL Energy Technology and Ant Digital Technologies partner to use blockchain for managing photovoltaic RWAs, focusing on energy transparency.
🇰🇷 South Korean Crypto Exchange Upbit to Delist Bitcoin Gold
South Korean cryptocurrency exchange, Upbit, has announced it will end trading support for Bitcoin Gold (BTG) on January 23, 2025.
3. Genie AI (GENIE/WETH) ⚡️
🔹 24h Price Change: +7,673%
🔹 Current Price: $0.04141
🔹 Analysis: Genie AI’s moderate gains suggest steady interest, likely driven by utility claims or speculative AI hype. Look for its actual use cases.
🔹 Strategic Insight: If Genie AI integrates with popular platforms or solves real-world issues, it could have staying power. Focus on the team’s credibility and execution.
🔹 Trade Wisely: Be cautious with entry points, especially if the current price is nearing key psychological levels.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Grass AI (GRASS/WETH) ⚡️
🔹 24h Price Change: +10,715%
🔹 Current Price: $0.0005712
🔹 Analysis: Grass AI’s rise indicates growing interest, possibly tied to eco-friendly or green-tech narratives in AI. Investigate if this is more than just a buzzword-driven rally.
🔹 Strategic Insight: Look for actual AI integrations or partnerships related to sustainability. If it’s capitalizing on trending themes without substance, gains may be short-lived.
🔹 Trade Wisely: Early profits can be lucrative, but ensure there’s depth to the project before holding long term.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🇺🇸US Election Benefitted Crypto Leaders With Billions in Additional Wealth: Report
Crypto moguls who invested millions in the November US elections are reaping massive rewards.
🇷🇺 Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister
💱 Russia is ramping up its use of Bitcoin for international trade to bypass Western sanctions.
🇹🇷 Turkey Tightens Crypto AML Rules, Mandating User Info for Transactions by 2025
Turkey is tightening crypto AML regulations! By February 2025, all transactions over 15,000 lira will require user identification.
🐂 Bitcoin Bullish Momentum Builds Amid Holiday Calm, Popular Trader Says
Prominent trader Skew has expressed cautious optimism amid the recent Bitcoin rally, claiming that the market appeared to favor bulls.
🎁 Binance Labs Backed UXUY Launches Rewards Program to Boost Multi-Chain Trading
UXUY, a decentralized multi-chain trading platform incubated and invested in by Binance Labs, has launched its UXUY Point ($UP) rewards program.
🚀 Meme Coins Were the "Most Popular" Crypto Narrative in 2024: CoinGecko
Meme coins dominated the crypto landscape in 2024, capturing nearly a third of investor interest, according to a recent CoinGecko report.
📉 Spot Bitcoin ETFs shed $1.5 Billion in Four-Day Outflow Streak, Largest Since Trump Win
U.S.-based spot Bitcoin ETFs have witnessed a sharp reversal in inflows, shedding more than $1.5 billion over a four-day outflow streak.
🤝 MoonPay Eyes $150M Acquisition of Crypto Payment Platform Helio Pay: Report
MoonPay is reportedly in talks to acquire Helio Pay, a cryptocurrency e-commerce platform, in a deal worth approximately $150 million.
🚨 Argentina Freezes $3.5M USDT Linked to Rainbowex Ponzi Scheme: Report
🇦🇷 Major crackdown in Argentina! Authorities have frozen $3.5M in USDT linked to the Rainbowex Ponzi scheme, which defrauded thousands.
🚨 Scammers Steal $500K via X Account Breaches and Meme Coin Scams: ZachXBT
💰 Warning! According to ZachXBT, scammers have stolen $500K by hacking X accounts in a coordinated attack on Solana meme coin investors.
🏛️ Incoming Pro-crypto Senator Bernie Moreno Tapped For Senate Banking Committee
Senate-elect Bernie Moreno has been selected to serve on the Senate Banking Committee.
🏠La Rosa Holdings to Offer Bitcoin for Real Estate Commission Payments
La Rosa Holdings announces option for real estate agents to receive commissions in Bitcoin and other cryptos, expanding payment flexibility.
🚀 Hedera (HBAR) Skyrockets 11% in 24 Hours Overtaking Stellar (XLM) Market Cap
Hedera’s native cryptocurrency, HBAR, soared by more than 11% in the past 24 hours, surpassing Stellar in market capitalization.
2. LUFFY (LUFFY/WETH) ⚡️
🔹 24h Price Change: +100,959%
🔹 Current Price: $0.1548
🔹 Analysis: LUFFY’s massive surge could indicate community-driven hype or news surrounding partnerships, NFTs, or gaming. However, spikes like these often signal speculative trading.
🔹 Strategic Insight: Research the project’s fundamentals and roadmap. Is it banking on pop culture references or providing something innovative?
🔹 Trade Wisely: Monitor liquidity and whale activity; such sharp rises are often followed by heavy corrections.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚀 OKX Ventures Invests in Decentralized Stablecoin Issuer USUAL
OKX Ventures has invested in USUAL, a decentralized stablecoin issuer aiming to revolutionize finance with real-world asset integration.