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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/
🏦 Incoming US Senate Banking Committee Chair Calls Cryptos ‘Next Wonder of the World’
Senator Tim Scott will act on digital assets legislation and create a committee for the first time after chairing the U.S. Senate Banking Committee next month.
🐧PENGU Falls 55% Hours After Airdrop as Meme Coins Tank Across the Board
Pudgy Penguins' highly anticipated $PENGU token launch on Solana saw an initial surge to $0.068 but tanked 54% to $0.031 within 24 hours due to heavy selling pressure from top holders.
🏛️ SEC Commissioner Caroline Crenshaw Will Not Be Renominated To Federal Agency: Report
SEC Commissioner Caroline Crenshaw has allegedly not been renominated for her position ahead of Donald Trump's inauguration next month.
💰 Metaplanet Stock Soars 2,450% YTD on Its Bold Bitcoin Strategy
Metaplanet stock is up 51% in the past five trading days following the announcement of a 4.5 billion yen bond issuance to fund more Bitcoin purchases.
👉 Saga Launches Mainnet 2.0, Partners with Uniswap
Mainnet 2.0 aims to transform the way the blockchain industry approaches liquidity and is a major step towards launching the Liquidity Integration Layer in Q1 2025.
🎬 Controversial Crypto Documentaries To Watch This Holiday Season
From understanding who created Bitcoin, to learning how crypto mining can help save the planet, these films highlight some of the most important – and controversial – aspects of cryptocurrencies and blockchain technology.
🇮🇳 India’s Leadership Pushes for International Crypto Regulation Framework
🌍 India is pushing for global collaboration on crypto regulation. The government has no fixed timeline for comprehensive rules yet.
🇩🇪 Former Finance Minister Slams Germany’s Missed $2.7B Bitcoin Opportunity
Lindner pointed to the proactive crypto policies in the United States under the new Trump administration and argued that Germany is falling behind.
🇭🇰 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.
📜 Ohio Representative Pushes Bill to Authorize Bitcoin Investments for State Treasury
Ohio Representative Derek Merrin has introduced a bill that aims to authorize the state’s treasury to invest public funds in Bitcoin.
🗳️ About 20% of US Voters Have Used Crypto in Some Form, Emerson College Poll Reveals
A recent Emerson College poll reveals that nearly 20% of U.S. voters have engaged with cryptocurrency in some capacity.
💰 U.S. Treasury Shuts Down North Korean Crypto Money Laundering Network
🚨 The U.S. Treasury has dismantled a North Korean crypto money laundering network, sanctioning key individuals involved in laundering millions to fund weapons programs.
🐧 Pudgy Penguins Launch PENGU on Solana With Multichain Plans Ahead
@pudgypenguins launched its official PENGU token on the Solana blockchain. It was also added to Binance and OKX.
🇪🇺 Tether Backs Euro Stablecoin Startup StablR in Its European Expansion Bid
This collaboration aims to drive stablecoin adoption in Europe by leveraging StablR's regional expertise and Tether's new tokenization platform, Hadron.
🎮 Beyond Quick Gains: How Web3 Gaming Can Drive Mass Adoption
Web3 gaming needs to move past quick profits and focus on creating fun, high-quality games. This op-ed explains how better gameplay and new ideas can help bring more players and grow the industry.
⚖️ US Convicts Virginia Man for Funding ISIS with Crypto
A US resident has been found guilty of using $185K in cryptocurrency to fund ISIS operations.
🎮 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.