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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/
🎮 Traditional Gaming Pros Overtake Blockchain Experts in Web3 Game Companies: BGA Report 2024
Traditional gaming professionals now hold a larger share of roles in Web3 game companies, surpassing blockchain specialists.
3. Faith on ETH (FAITH/WETH) ⚡️
🔹 24h Price Change: +35,038%
🔹 Current Price: $0.001496
🔹 Analysis: FAITH’s surge highlights growing investor attention, possibly driven by Ethereum ecosystem enthusiasm. However, its fundamentals need clarification for long-term confidence.
🔹 Strategic Insight: Faith may attract holders if it ties into an ETH narrative or unique concept. Look for upcoming announcements or collaborations.
🔹 Trade Wisely: Moderate your position size here, as quick reversals are common after sharp pumps. Monitor trading volume and price action.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Chewy (CHEWY/WETH) ⚡️
🔹 24h Price Change: +75,667%
🔹 Current Price: $0.003368
🔹 Analysis: Chewy’s explosive surge suggests strong speculative hype or a recent catalyst. However, such rapid increases often lack fundamental backing, making it susceptible to quick reversals.
🔹 Strategic Insight: Monitor for social media buzz or announcements driving this momentum. Transparency from the project team will determine its staying power.
🔹 Trade Wisely: With massive volatility, take profits incrementally and watch for volume drops signaling a potential cool-off.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📊 Cryptocurrency price check 📊
🔹 BTC: $106,989 + 2.38%
🔹 ETH: $4,014 + 2.01%
🔹 BNB: $722 + 2.18%
🔹 XRP: $2.64 + 10.18%
🔹 ADA: $1.09 +2.00%
🎅 Analysts Eye $160K Bitcoin as Global Monetary Policies Ease: Could a ‘Santa Rally’ be the Trigger?
A U.S. rate cut stands to bolster recent "Bitcoin Santa rally" sentiment. Here's why it could Trigger a Rally to $160K.
👾LastPass Hackers Drain $5.36M From Over 40 Addresses: ZachXBT
The LastPass security breach originated in December 2022, when attackers stole vast data, including customer keys and API tokens.
🚀 Bitfinex Predicts Bitcoin Will Skyrocket to $200K by Mid-2025
Bitcoin could surge to $200K by 2025 as ETF backing and institutional demand drive growth, Bitfinex predicted.
🗽Anchorage Digital Subsidiary Scores BitLicense from New York Regulators
Crypto bank Anchorage Digital earns NYDFS approval with a BitLicense, and is set to offer compliant crypto trading solutions to New York institutions by 2025.
🇸🇬Singapore Dominates Crypto Tech Rankings, Outshines US: ApeX Study
Singapore has 1,600 blockchain patents, nearly 2,500 jobs related to blockchain and 81 crypto exchanges, ApeX study reveals.
🌊 Ripple Set to Launch RLUSD Stablecoin on December 17
💰 Ripple is launching its RLUSD stablecoin on December 17, setting new standards for stablecoin compliance and transparency in the crypto space!
🚀 Bitpanda Secures VARA In-Principle Approval for UAE Expansion
🌍 Bitpanda has secured in-principle approval from Dubai's VARA, marking its first step into the UAE's thriving crypto market!
⚖ UK's FCA Proposes Strict Crypto Regulations to Combat Market Risks
The UK’s financial authority has proposed new strict crypto regulations to curb risks within the digital asset market. Public discussion will last until March 2025.
💰 MicroStrategy Acquires 15,350 Bitcoin for $1.5B, Boosting Its Holdings to 439K BTC
This latest purchase was made at an average price of $100,386 per Bitcoin.
🚀 Bitcoin Suisse Predicts BTC Will Trade Above $180,000 in 2025
Overall, the report paints a positive picture for the crypto market in 2025, driven by institutional adoption, favorable regulations, and technological advancements.
🇮🇩 Bank Indonesia Completes Proof of Concept for Digital Rupiah: What’s Next?
💰 Bank Indonesia has successfully completed the first phase of its digital Rupiah project
🇭🇰 Hong Kong Pledges Crypto Asset Reporting Framework by 2026 to Combat Tax Evasion
Hong Kong is set to implement the Crypto Asset Reporting Framework by 2026, enhancing tax transparency and tackling cross-border tax evasion in the crypto space!
2. Gucho (GUCHO/WETH) ⚡️
🔹 24h Price Change: +19,746%
🔹 Current Price: $0.0008814
🔹 Analysis: Gucho’s growth, while impressive, indicates early accumulation phases. Its low price appeals to investors seeking significant percentage gains but comes with added risk.
🔹 Strategic Insight: Investigate if there’s unique utility or a strong community backing GUCHO. Sustained growth depends on these factors.
🔹 Trade Wisely: Ideal for high-risk, high-reward strategies. Watch for news or trends that could bolster its trajectory.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
⚖️ This Little-Known DOJ Rule Often Leaves Crypto Fraud Victims Empty-Handed: Bloomberg Law
An obscure Department of Justice (DOJ) regulation is nullifying efforts by cryptocurrency fraud victims to recover their stolen funds.
🐋 Top 104 Ethereum Whales Now Control 57% of All ETH, New High in Whale Dominance
Ethereum's largest whale wallets now hold 57% of the total Ether (ETH) supply, marking an all-time high for whale dominance in the Ethereum ecosystem.
🏔️Mt. Gox Transfers $172M Bitcoin as Market Hits ATH
The now-defunct crypto exchange Mt. Gox moved $172.54 million worth of Bitcoin to an unknown wallet as the market continues to gain momentum.
⛔ Lido Staking Protocol to Cease Operations on Polygon, Shifts Focus Back to Ethereum
Lido Finance has announced its decision to end staking services on the Polygon network, citing limited user adoption, evolving DeFi trends.
👮 Nigeria Arrests 792 Suspects for Running Massive Crypto Romance Scam Operation in Raid
Nigeria’s Economic and Financial Crimes Commission (EFCC) arrested 792 individuals in connection with an alleged crypto romance scam.
🏦 UK FCA Issues Public Notice Against Solana Meme Coin Retardio
The UK's FCA noted that Retardio is “not authorized,” asking users to “avoid dealing with this firm and beware of scams.”
🚨 CyberKongz NFT Collection Hit with SEC Wells Notice
NFT collection CyberKongz faces SEC scrutiny after receiving a Wells notice, promising to push back for clearer NFT rules.
🚀 Ethena Labs Launches USDtb Stablecoin Backed by BlackRock Liquidity Fund
💵 Ethena Labs has launched the USDtb stablecoin, backed by BlackRock’s liquidity fund!
🏛️ FTX Sets January 3, 2025 as Date for Chapter 11 Reorganization Plan
FTX Debtors' reorganization plan for victims of Sam Bankman-Fried's crypto exchange will take effect on January 3.
🏛️ Kidnapping Saudi Royal for Bitcoin Ransom: TikTok Star Avoids Jail
Catherine Colivas, an Australian woman who kidnapped a Saudi Arabian royal which resulted in netting $40k in bitcoin, was spared jail time.
📉Grayscale Faces $21 Billion Exodus as Spot Bitcoin ETFs Flourish
Farside data revealed that Grayscale Bitcoin Trust (GBTC) has faced $21 billion in outflows since its launch on January 11.
🚨 New podcast with Brandon Truong, Co-Founder of ZetaChain
In this conversation, Matt and Brandon discuss:
- The future of AI and crypto
- Interoperability and cross-chain communication
- Unlocking DeFi potential for BTC
🔊 https://loom.ly/M-mN1gY
🧈 Bitcoin Tops $106K, Outpaces Gold with All-Time High Purchasing Power
The Bitcoin-to-gold ratio, a metric measuring Bitcoin’s purchasing power relative to gold, has reached a ATH as Bitcoin hits new record.