Non-custodial crypto wallet Phantom just issued a statement denying rumors that it will have a token airdrop. Last month, Phantom announced that it would be making the wallet more social by enabling users to customize their profile and search for and follow friends.

In a latest development, the Federal Reserve Board announced on Monday that Michael S. Barr will step down as Vice Chair for Supervision of the Federal Reserve Board. However, he will remain a member of the Board of Governors. The Fox Business Journalist, Eleanor Terett took to X and shared that Michael S.

Hunter Horsley, the CEO of digital assets management firm, Bitwise, believes that the Donald Trump administration's deregulation of mergers and acquisitions could benefit the crypto industry. According to Horsley, consolidation by major companies will only make the decentralization that crypto offers more attractive.

Prime Minister Justin Trudeau said he'd step down as prime minister and his party's leader, opening the chance for a crypto supporter to replace him.

Vice Chair of the Federal Reserve for Supervision Michael Barr, who has been adamant about a need for stablecoin regulation, will step down.

MoonPay, BitStaete, ZBD, and Hidden Road have acquired Markets in Crypto Assets (MiCA) licenses from regulators in the Netherlands to operate within the EU region. These licenses allow them to function across the 27-member bloc counties.

Ethereum co-founder Vitalik Buterin has once again made headlines by selling memecoins, generating a profit of over $100,000. According to blockchain tracking service Lookonchain, Buterin sold a range of memecoins he received for free, including DOG, ESTEE, and DINU, in exchange for Ethereum and USDC.

Guangzhou's action plan for the digital yuan highlights adoption in daily transactions, transportation, and trade. Key initiatives include pilot zones in Yuexiu, integration into metro payments, and cross-border trade facilitation. The post Guangzhou Expands Digital Yuan Pilot with New Action Plan for 2025 appeared first on Cryptonews.

The analyst explained that the ongoing bull cycle will likely end between this year's first and second quarters.

The crypto market surged to record levels in 2024, driven by institutional adoption, resulting in a new all-time high for bitcoin. Historic Market Cap for Cryptocurrencies The cryptocurrency market reached a significant market cap of $3.91 trillion in December 2024.

Crypto will reach a turning point when it becomes as useful for companies as the internet became in the 1990s, according to Animoca Brands' co-founder.

Learning to buy or sell effectively in the crypto market means you need to learn crypto trading strategies that work in this volatile market.

Sanctum plans to launch staking for its governance token, CLOUD, later this month, according to an official announcement.

Vietnamese police detained four suspects in Dong Nai Province for operating a Vietnamese crypto scam involving fake mining schemes and education materials. The group defrauded over 200 victims of $157,300, transferring proceeds to their wallets. Authorities continue cracking down on global crypto fraud networks. The post Vietnamese Police Arrest Four Suspects in Crypto Scam Amid Global Crackdown on Crypto-Linked Schemes appeared first on Cryptonews.

Digital asset prices may still see substantial gains before the market corrects, the analyst said.

Destra's 70% weekly rally shows bullish potential, with $0.60 achievable upon resistance break.

In line with its plans for the future of gaming, ZKcandy has shared a roadmap that includes building a Telegram-based EVM gaming ecosystem.

Coinbase's chief legal officer Paul Grewal says that unredacted letters show that the Federal Deposit Insurance Corporation (FDIC) was attempting to sabotage a wide variety of activity in the crypto industry.

A Karachi-based crypto trader was forced to transfer $340K. Seven suspects, including a CTD officer, were arrested.

The North Dakota project, completed in just five months, highlights Phoenix Group's ability to execute complex projects with exceptional efficiency.

While Bithumb Partners is expected to focus on managing existing financial assets in the short term, there is potential for it to evolve into a larger player in the investment space.

The growing influence of women in Web3, from leading crypto exchanges to creating inclusive communities, is reshaping the industry.

This strong start follows a record-breaking 2024. However, a late-year dip in December left crypto ETPs with $75 million in net outflows for the final trading week.

In a groundbreaking trade, a crypto trader turned $2,137 into $3.24 million in just 10 hours, achieving an astounding 1,515x return. The trader bought 22 million Hyperfy (HYPER) tokens using 10 SOL and later sold 17.88 million HYPER for $2.21 million.

Dutch regulators awarded new crypto licenses to four digital asset service operators, allowing the quartet to do business anywhere in the European Union under MiCA.

With a fresh rally in the crypto market, bullish anticipations are likely to dominate the narrative. Altcoins are showing signs of recovery, setting the stage for what could be a monumental rally.

Ari Redbord, head of legal and government affairs at TRM Labs, joins CNBC's 'Squawk Box' to discuss expectations for crypto in 2025.

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The cryptocurrency exchange Binance has published its monthly report on the state of the crypto industry, revealing very interesting data.

Crypto is going through a pivotal period, and industry analysts are holding their breath. A historical signal, observed only twice in the last eight years, seems to indicate an imminent altseason.

In cryptocurrency trading, leverage allows traders to amplify their trading capacity, and therefore their potential profits. It's the term used to describe when a trader borrows assets from an exchange so they can increase their buying and selling power,

In a latest development, four digital assets companies have secured Markets in Crypto Assets (MiCA) licenses in the Netherlands, allowing them to operate across all 27 countries in the European Union. According to a filing on Dec.

TL;DR The cryptocurrency market recovered in 2024, driven by political, regulatory, and technological factors that set the stage for a promising 2025. The popularity of Bitcoin and Ethereum grew with the rise of crypto ETFs, while new innovations, such as memecoins and dePINs, gained relevance. As U.S.

We anticipate 2025 to be a very good year for meme coins. After years of toiling in the shadows of its bigger siblings (Bitcoin and Ethereum), the top meme coins seem to be finally flexing their muscles.

GSR has secured dual regulatory approval in the UK and Singapore, expanding its crypto trading services for institutional clients.

In 2025, advancements in AI, tokenization, and corporate Bitcoin adoption are predicted to revolutionize business landscapes.

Ethereum co-founder Vitalik Buterin has published a sweeping vision for a new era of “decentralized and democratic differential defensive acceleration,” warning that superintelligent AI may pose existential threats unless humanity adopts a carefully balanced approach of accelerating protective technologies, fostering openness, and building strong liability and regulatory safeguards.

Crypto inflows soared to $585 million in the first three trading days of 2025, marking a strong start to the year. However, the full week, which included the final two trading days of 2024, saw net outflows of $75 million.

Benefiting from the record high cash liquidity scale in the crypto market, there is still some probability that the crypto market will usher in another “true altcoin season” after the interest rate cut in December and the possible interest rate cut next year.

Victims were invited to training sessions to make the scam look legitimate.

BBVA Bank affiliated Garanti BBVA Kripto is Turkey's fifth-largest bank and will work on crypto trading platforms. This is to foster an ideal legal path for Turkish buyers and sellers to trade better with crypto under banking regulations.

Despite not being a full week old at press time, 2025 is already emerging as a strong continuation of the cryptocurrency – and meme coin – bull market.

Ending the year on a high note, December's sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024.

The speculation arose when some in the crypto community thought users could earn tokens by gaining followers. On January 3, the Phantom wallet took to X to set the record straight.

US spot Bitcoin ETFs have contributed to 100% of the record-breaking $44.2 billion crypto ETF inflows in 2024, according to CoinShares.

In a groundbreaking operation, Nigeria's Economic and Financial Crimes Commission (EFCC) dismantled a sophisticated cryptocurrency fraud syndicate, arresting 792 suspects. This unprecedented crackdown took place on December 10 in Lagos, uncovering a global web of cybercrime that revolved around romance scams and cryptocurrency fraud.

A trader stole the spotlight after making a spectacular $17.5 million profit from trading AI coins, including FARTCOIN, AI16Z, ARC, and GOAT. The trader has since shifted their focus to newer, emerging coins.

GSR, a major crypto trading and liquidity provider, has obtained regulatory approval from the UK's Financial Conduct Authority (FCA). The post GSR Secures FCA Approval for Crypto Trading and Liquidity Services in the UK appeared first on Cryptonews.