Crypto investors were heavily drawn to meme assets in 2024, according to a new study. In a research paper, CoinGecko says that the majority of crypto interest in 2024 hit the memecoin sector, which saw an expansion from dog-themed tokens to other animal and personality-themed digital assets.
Russian businesses are reportedly using bitcoin and other cryptocurrencies to make international payments. It's a trend that comes in the wake of legislative changes that permitted these types of payments to get around western sanctions, Reuters reported Tuesday (Dec. 26), citing comments from Russian Finance Minister Anton Siluanov.
FTX co-founder Ryan Salame has now received a reduced sentence from the earlier 7.5 year hail term pronounced earlier. The former executive of the bankrupt exchange is in jail for the role he played in Sam Bankman-Fried's multi-billion dollar fraud scheme.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Daffy CEO Adam Nash discusses the tax incentives of donating cryptocurrencies to charity.
A significant portion of the population in South Korea is reportedly investing in crypto. Citing new central bank data provided by the office of Democratic Party Rep. Lim Kwang-hyun, Yonhap News Agency reports the number of people who hold crypto in South Korean exchanges exceeded 15.59 million in November, up by 610,000 from 14.
President-elect Donald Trump's promise to ensure all remaining Bitcoin is “made in the USA” has sparked widespread debate. Announced during a meeting with crypto mining executives, the pledge reflects a shift in Trump's stance on digital currencies.
It consistently processes over 8 million daily transactions and distinguishes itself among optimistic rollups.
The crypto world is no stranger to explosive growth and jaw-dropping returns. Every year, we see new coins making headlines, transforming casual investors into crypto-savvy enthusiasts. But with so many options, it can feel like searching for a needle in a haystack.
The recent heightened volatile scenario in the broader crypto market has fueled discussions on the Altcoin season alongside Bitcoin. The investors appear to be selling heavily amid the holiday season, suggesting market participants are taking a profit-booking opportunity after the robust rally recently.
The crypto world loves a good meme coin story, and let's be honest—who doesn't enjoy snagging profits while riding the wave of viral internet culture? But here's a question: what if you could combine the laughter of memes with the serious opportunity for massive returns? That's the beauty of the best new meme coins to
Technical indicators are again pointing towards an altcoin season, according to prominent cryptocurrency analysts on X. Both Bitcoin (BTC) and altcoins have dropped significantly in the past few weeks, but things could change as 2025 approaches.
Ryan Salame, ex-FTX executive, initially sentenced to over seven years for unlawful political contributions, has had one year reduced from his sentence. The adjustment follows federal guidelines on good behavior. The post FTX Executive Ryan Salame Gets One-Year Sentence Reduction appeared first on Cryptonews.
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TL;DR Analysts predict a wave of new ETF offerings for top crypto protocols in 2025, including Solana, XRP, Dogecoin, Hedera, and Cardano, following the approval of Bitcoin and Ethereum ETFs in 2024. Solana, XRP, Dogecoin, and Hedera are strong candidates for ETF inclusion, with anticipated regulatory shifts and increased institutional interest boosting their chances.
Central banks across Asia continued investing in CBDC pilots this year, with Project mBridge achieving minimum viable product status in June.
Russia recently enacted a ban on crypto mining operations in 10 regions until 2031, citing high energy consumption issues as the cause. Deputy Prime Minister Alexander Novak stated that this list might expand. Russia Issues Crypto Mining Restrictions in 10 Regions The future of cryptocurrency mining in Russia is in jeopardy.
Prediction markets Kalshi and Polymarket anticipate a slew of wins for crypto in 2025.
In a series C investment round, Elon Musk's artificial intelligence venture xAI raised $6 billion. This adds to the $6 billion chunk xAI raised in May, making the total cash raised $12 billion.
While most corporates have been focusing on bitcoin, Wintermute OTC trader Jake Ostrovskis predicts one might select ether next year.
While the cryptocurrency market awaits the next big rally, investors are scrambling to see top altcoins for the next crypto bull run. Aureal One, DexBoss, and yPredict are leading the pack with revolutionary tools in the crypto world.
Ukraine will impose sanctions to disrupt Russia's use of Bitcoin and other cryptocurrencies in foreign trade as tensions between the two countries continue to amplify.
The Financial Services Agency has released its 2024 monitoring report, urging better internal audits and closer scrutiny of crypto exchanges.
With the incoming pro-crypto administration under Trump, the U.S. Congress is expected to prioritize crypto legislation in 2025, focusing on key issues like stablecoins and the FIT21 Act.
Ki Young Ju sees sustainable whale acquisition trend for Bitcoin amid sustained consolidation.
A pseudonymous on-chain investigator says he's unraveling a malicious scheme that's using hacked accounts on the social media platform X to promote a fake memecoin. ZachXBT says the cybercriminal stole the credentials of high-profile X accounts by sending phishing emails that impersonated the X team.
A Beverly Hills man is facing six counts of cryptocurrency crimes, which resulted in investors losing over $22 million worth of cryptocurrency. The 23-year-old Gabriel Hay allegedly connived with another fellow – Gavin Mayo of Thousand Oaks, also 23 years of age, to perpetrate a scheme that defrauded investors of their monies.
France faces a significant rise in financial scams, with the Autorité des Marchés Financiers reporting that crypto-related fraud contributes to an estimated €500 million in annual losses, prompting authorities to intensify their anti-fraud efforts. The post Crypto Scams Drive French Financial Fraud Losses to €500M Annually: AMF appeared first on Cryptonews.
Crypto's original killer use case was decentralized capital formation. In 2025 ICOs will make a major return, but this time with very different characteristics.
A new Messari report points to potential headwinds from regulatory uncertainty and broader economic vulnerabilities in its 2025 preview for the digital asset sector. What Happened: The report suggests that positive developments are counterbalanced by persistent risks, calling for a balanced outlook.
With the crypto market suffering due to Bitcoin's recent crash, investors need to seize the opportunity to buy dips on promising tokens for handsome returns. This CoinGape article outlines four altcoins that are a good buy now to turn $1,000 to $100,000 by January 2024 4 Promising Altcoin To Turn $1,000 to $100,000 As noted
South Korea imposed sanctions on North Korean hackers and one entity involved with illegal activities. North Korea's illegal cyber activities not only threaten cyber security but also pose a threat to international safety.
The Blum team has officially announced plans to launch Season 2 of its airdrop, advising its community to stay alert for updates.
Over-the-counter (OTC) trading volumes in the crypto market have experienced a significant uptick, attributed in part to the recent election results and rising prices.
In a heartwarming demonstration of the crypto community's power and compassion, a Solana-based memecoin named MIRA coin has exploded. The coin was created in response to a heartfelt plea by Siqi Chen, a father seeking support for his four-year-old daughter, Mira, who is battling a rare brain tumour known as Adamantinomatous Craniopharyngioma.
The crypto market has lost over 3% of its total market cap in the last 24 hours. Bitcoin and Ethereum are among the big names slipping in value. Most cryptocurrencies are in the red. But not Gate Token. While others are slowing down, GT is making bold moves, hitting a new all-time high.
Hong Kong's proposed Stablecoins Bill has moved forward in the Legislative Council, signaling progress toward a structured regulatory framework for stablecoins in the region.
Younger consumers give as much importance to fun, identity, and emotional connection as functionalities.
Vitalik Buterin, Ethereum co-creator and frontman, has responded to a tweet by @KhaokheowZoo, which thanked the Russian-Canadian crypto billionaire for sending a large donation to the Wildlife Sponsorship Program to help the zoo.
Crypto had quite a rollercoaster of a year, and the market saw a seismic shift in sentiment. What was once a fringe interest, dismissed by mainstream financial experts and government regulators, is now a central topic in investment circles and Washington, D.C.
Celebrities swarmed to crypto this year, launching their own meme coins to varying degrees of success. Where does the “celeb meta” go from here?
Draper Associates-backed CUDIS has partnered with UCLA Athletics for a year-long collaboration to promote web3 smart rings among students and athletes.
Former FTX executive Ryan Salame, initially sentenced to 7.5 years for his role in FTX's fraud, is now set for release on March 1, 2031.
FTX exec Ryan Salame's prison sentence has been shortened by over a year, with his new release date set for March 2031.
Crypto execs are confident that it won't be easy to enforce Brazil's self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable.
Managing crypto investments on the go is now effortless for digital nomads, thanks to non-custodial wallets that offer security, flexibility, and 24/7 access from anywhere in the world.
Blockchain technology has made massive strides in innovation, value, adoption, and regulation over the past decade, beating every other industry in most categories to become the fastest-growing industry in the world.
The Botswana Financial Stability Council's October 2024 report said the virtual assets market and cyber risks from fintech currently pose minimal threats to financial stability.
French authorities are grappling with an alarming rise in crypto scams, which contribute to an estimated €500 million in annual losses.