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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/
💸 Nearly 50% of Traditional Hedge Funds Now Invest in Cryptocurrencies: Report
Traditional hedge funds are doubling down on crypto — almost half are now invested, up from 29% in 2023, according to a survey conducted by AIMA and PwC.
🚀 CARV Launches CARV Token, Listed on Eight Exchanges
CARV's utility token is now live and available on 8 exchanges, with more to come. The team also launched the locked ‘voting escrowed’ version veCARV on Arbitrum.
📊 Cryptocurrency price check 📊
🔹 BTC: $60,830 - 2.14%
🔹 ETH: $2,390 - 1.82%
🔹 BNB: $569 - 2.23%
🔹 XRP: $0.52 - 0.92%
🔹 ADA: $0.33 - 1.95%
👨💻 Malware Infects Over 28,000 Users, Nets Only $6,000 in Crypto
A recent wave of malware infections has impacted over 28,000 users, primarily targeting their devices to mine and steal cryptocurrency.
🇩🇪 German Parliament Member Joana Cotar Advocates Bitcoin as a Solution to Inflation
German parliament member Joana Cotar says Bitcoin can provide financial independence, economic inclusion and fight inflation.
🏦 Tradias, Bankhaus Scheich's Digital Asset Arm, Now a Licensed Securities Trading Bank
Tradias, Bankhaus Scheich’s digital asset arm, secured a securities trading bank license from BaFin, allowing it to operate independently and expand its offerings in Europe.
🗣️Blockchain Association CEO Kristin Smith Slams SEC Over Crypto.com Enforcement: "The Crypto Industry Is Here For Good"
Blockchain Association CEO Kristin Smith supports Crypto.com’s pushback against the SEC, urging fair regulation for crypto.
🔒Irish Authorities Unable to Access $380 Million in Seized Bitcoin
Despite seizing $380M in Bitcoin from convicted drug dealer Clifton Collins in 2019, the Irish Criminal Assets Bureau remains locked out of the funds due to lost access codes, reports The Irish Times. Authorities are still seeking a solution, but the crypto remains inaccessible.
⚠️ From 9 to 13 Different Wallets: Fake Web3 Job Recruiters Update Their Crypto-Stealing Malware
The novel variant of the malware masquerades as a video call application, targeting job seekers using both Windows and macOS.
🇧🇷 Crypto Platforms Support Brazil’s Real-Pegged Stablecoin BRL1 Set for Launch This Year
Brazil's top crypto exchanges are launching BRL1, a stablecoin pegged to the real!
📍Native USDC Now Available on Sui Through Navi Protocol
Circle's USDC stablecoin is now available on the Sui blockchain, offering developers a new tool for building applications and functionalities within the Sui ecosystem.
💵 Bitcoin Stunted as China Eases Stimulus Plans: Has ‘Uptober’ Been Derailed?
With Bitcoin stunted as China eased stimulus plans, here's why you should still be Bullish on ‘Uptober’!
2. Make America Based Again (MABA/WETH)💰
🔹 24h Price Change: +42,140%
🔹 Current Price: $0.07119
🔹 Analysis: MABA’s impressive growth, over 42,000%, likely stems from a politically charged meme culture or viral appeal. Its catchy name could have sparked a speculative wave.
🔹 Strategic Insight: Keep an eye on social media chatter, particularly on platforms like Twitter or Telegram, where such tokens tend to gain traction.
🔹 Trade Wisely: The current surge might be short-lived. High volatility means fast profits but also significant risks, so plan trades carefully.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚨 Ohio AG's New Fraud Unit Claws Back $130K from Crypto Scam
Ohio's new Electronic Fraud Investigations unit has recovered $130K from a cryptocurrency scam targeting a 75-year-old woman!
🐂 Bitcoin Remains Bullish in Q4 Despite Middle East Tensions and Positive U.S. Jobs Data: K33 and ETC Group Analysts
Bitcoin's prospects for a bullish fourth quarter remain intact, despite recent market turbulence stemming from escalating tensions.
💍 South Korea Allows Division of Crypto in Divorce Proceedings
South Korea has made it possible for married couples to divide cryptocurrency holdings during divorce proceedings.
🇮🇳 IInterview: India to Be in Binance's Top 3 Markets by Mid-2025, Says CMO Rachel Conlan
In an interview with CryptoNews, Binance Chief Marketing Officer @RachelConlan talks about “Binance 2.0” and the exchange’s future strategies to focus on key markets such as India.
💸Thai SEC Proposes Regulations for Crypto Investment in Mutual, Private Funds
Thailand SEC has proposed draft regulations allowing mutual and private funds to invest in cryptos.
🔍 Feds Unveil Charges Against 3 Firms, 15 People in Crypto Manipulation Case
FBI's undercover digital token operation leads to a major bust, with three crypto companies and 15 individuals charged.
📰 Detained Binance Executive Tigran Gambaryan's Bail Ruling Postponed Due To Judge's Absence
Detained Binance executive Tigran Gambaryan's bail hearing has been pushed back after Judge Emeka Nwite had to reschedule.
🔍86 Million Active Solana Wallets are Empty: Data Shows
Data shows 86M+ Solana Wallets are empty, raising questions about actual user engagement. Could bots be inflating the numbers?
📈Bitwise CIO Matt Hougan Highlights Factors Behind a Potential $80K Bitcoin Rally in Q4
Bitwise CIO Matt Hougan foresees Bitcoin hitting $80K by year-end, driven by political shifts, economic factors, and altcoin performance. Could we see a rally soon?
🏦 Taiwan's FSC to Launch Institutional Trial for Crypto Custody Services
Taiwan's Financial Supervisory Commission (FSC) plans a trial for crypto custody services through local banks.
🤌 Paxos International Launches Yield-Bearing Stablecoin on Arbitrum
The USDL launch allows users and developers within the Arbitrum network to unlock the benefits of a stablecoin that distributes yield natively.
🐉 RWA Platform Jade City Ships First Batch of Jade to China
Jade City, a real-world asset (RWA) platform, has made its first shipment of jade from its mine partner to a storage facility in Guangdong province, China.
💵 Ex-Alameda CEO Caroline Ellison to Surrender Majority of Assets to FTX Debtors in Bankruptcy Settlement
Caroline Ellison has agreed to relinquish the majority of her assets to FTX debtors as part of a settlement with the FTX bankruptcy estate.
3. GM/WETH 🌅
🔹 24h Price Change: +28,640%
🔹 Current Price: $0.071042
🔹 Analysis: GM token’s 28,000%+ rise is likely fueled by meme culture, possibly driven by the simple yet effective “Good Morning” greeting common in crypto communities. This reflects a social sentiment-driven rally.
🔹 Strategic Insight: Watch for shifts in sentiment, as these types of tokens often rely on ongoing community engagement to maintain momentum.
🔹 Trade Wisely: Like the others, this could see a quick reversal. Stay cautious with your position sizing, as the price could drop as fast as it has risen.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. FrogKing/WETH 🐸
🔹 24h Price Change: +78,973%
🔹 Current Price: $0.003897
🔹 Analysis: FrogKing token’s astronomical rise of nearly 79,000% points to a potential meme-driven frenzy or speculative interest. Such a sudden jump is often caused by viral social media attention or whale activity.
🔹 Strategic Insight: Monitor the token’s liquidity and any large transactions. Community buzz or influencer engagement could be driving the pump.
🔹 Trade Wisely: Gains of this magnitude are rarely sustained. Be cautious of a potential pullback, and assess the risks before entering or exiting a trade.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🎲 Over 87% of Polymarket Crypto Wallets Did Not Make a Profit, Layerhub Data Reveals
The majority of users on the decentralized prediction market Polymarket have not been able to rake in any profits.
👨⚖️ 86-Year-Old Ex-Attorney Hit with $14M Restitution, Five Years Probation in Crypto Ponzi Case
David Kagel has been sentenced to five years of probation and ordered to pay nearly $14 million for his role in a crypto Ponzi scheme.