A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers.

Ripple's XRP has recently found itself in a period of consolidation, trading in a triangle pattern that reflects market indecision. Currently priced around $2.17, XRP is showing some stability, but it remains at a crossroads.

The latest list includes Hyperliquid, Virtual Protocol, and Jito, focusing on blockchain AI, Solana growth, and decentralized finance.

FTX creditors are furious again. This time, it's about a wild rumor claiming the bankrupt crypto exchange will distribute $16 billion in cash within 60 days starting January 3.

BlackRock Bitcoin ETF became the fastest-growing ETF ever, reaching $50 billion in assets within 11 months of its 2024 debut.

Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $772 million.

TL;DR Tether acquired 7,629 BTC, worth $705.25 million, increasing its total reserves to 82,983 BTC, valued at $7.68 billion. This purchase is part of the strategy announced in May 2023, which allocates 15% of its monthly profits to Bitcoin purchases. In addition to its Bitcoin reserves, it holds $100 billion in bonds and 48.

The price of the meme-inspired cryptocurrency Dogecoin (DOGE) could surge an additional 6,770% in the future is its current ascending parallel channel pattern holds, meaning it could top the $17 mark.

Tether has received a transfer of 7,600 Bitcoin, valued at $705.25 million, from its affiliated Bitfinex wallet. As MiCA regulations heighten concerns over USDTs market position, the stablecoin issuer faces a $2 billion market cap decline amid global FUD.

Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.

Grayscale's research arm revised its top 20 cryptocurrency assets to watch in the next quarter.

After 9-months of dormancy, Tether's Bitcoin reserves have received 7,629 BTC valued at $705.25 million from Bitfinex. According to Arkham monitoring data, Tether now holds 82,983 BTC worth $7.68 billion at current prices.

Genius Group has added to its bitcoin holdings with a significant purchase announced on Dec. 30. The company disclosed it acquired additional Bitcoin (BTC) worth $10 million to bring its BTC treasury to 319.4 BTC, worth $30 million.

Macroeconomic concerns and rampant profit-taking are weighing on the crypto market as the year comes to an end.

Binance executive Tigran Gambaryan was detained in Nigeria for eight months as U.S. officials battled for his release.

I look forward to earning some sats in a non-custodial manner for helping Boltz manage its liquidity.

The cryptocurrency market has been running through a period of consolidation over the past seven days, with notable corrections observed in both Bitcoin and Dogecoin. Bitcoin, after hitting an all-time high of $108,135 on December 17, has seen a retracement towards $93,000.

Another Monday, another big Bitcoin buy from Microstrategy—its eighth consecutive weekly purchase.

Frank Chaparro hosted a year-end special with The Block's CEO Larry Cermak, EIC Time Copeland, and Foresight Ventures Co-Founder Forest Bai.

MicroStrategy continues its aggressive Bitcoin acquisition strategy, adding 2,138 BTC for $209 million. The move boosts its 2024 cryptocurrency yield to 74%, marking a significant milestone for the business intelligence firm.

Fantom (FTM), currently trading at $0.7934 following a 2.16% dip over the past 24 hours, has garnered significant attention amid its ongoing downtrend. The recent surge in network activity has ignited discussions about a potential price reversal.

In a latest develoment, as per data from Arkham Intelligence, the stable coin issuer Tether, has sent 7,629 BTC worth approximately $700 million to its bitcoin reserve address from Bitfinex's hot wallet about an hour ago at 14:00 UTC. TETHER ADDS ANOTHER $700M BITCOIN TO RESERVESSOURCE: ARKHAM pic.twitter.

Dec. 30 marked the end of the implementation phase of the Markets in Crypto-Assets framework, as authorities can enforce rules on certain crypto service providers operating in the EU.

Christian Lindner urges the ECB and Bundesbank to add Bitcoin to reserves. Germany joins Hong Kong, Poland, and Japan in exploring Bitcoin reserves.

Vietnamese police have dismantled a $1.17 million crypto scam orchestrated by Million Smiles, preventing 300 potential victims from being defrauded through the promotion of a fictitious cryptocurrency, QFS, linked to ancestral treasures. The post Vietnamese Police Bust $1M Crypto Scam, Safeguard 300 Victims appeared first on Cryptonews.

The People's Bank of China has highlighted Hong Kong's proactive crypto licensing approach in its 2024 Financial Stability Report, emphasizing its dual-license system and the importance of regulatory measures for integrating digital assets into the financial landscape. The post China's Central Bank Highlights Hong Kong's Crypto Licensing in 2024 Report appeared first on Cryptonews.

The price of XRP, the Ripple-affiliated cryptocurrency token, reached an intraday low of $1.99 on the Binance exchange earlier today.

TL;DR BlackRock's IBIT reached $50 billion in assets in just 11 months, breaking records in the financial industry and setting a new benchmark for ETFs globally. Its unprecedented growth helped Bitcoin surpass the $100,000 mark, attracting institutional investors and reshaping the perception of digital currencies.

Bitcoin's remarkable rally in 2024 stunned the world but with the advent of the new year only hours away, the rally seems to be stalling. The cryptocurrency, which surged to a record high of $108,000 in mid-December, was trading at $93,670 early Monday in New York, 16% below the high.

Bitcoin (BTC) is down to its lowest levels of December, dropping under $92,000, and many crypto enthusiasts are trying to figure out why. Chris Burniske, a former ARK Invest crypto lead and current partner at Placeholder VC, has shared his thoughts as he is looking at the bigger picture, not just the crypto world.

TL;DR MicroStrategy increased its Bitcoin reserve to 446,400 BTC with a purchase of 2,138 BTC valued at $209 million. The company requested SEC approval to issue new shares and raise capital for future Bitcoin acquisitions.

While the entire cryptocurrency segment is in the middle of a modest correction, the meme cryptocurrency segment has taken a hit. Its daily performance looks even weaker compared to the market benchmark, but ambitious newcomers bring some optimism.

BlackRock's iShares Bitcoin Trust (IBIT) marked an extraordinary debut in 2024, becoming the fastest-growing exchange-traded fund (ETF) in history. Within 11 months of its launch, the fund amassed over $50 billion in assets under management, setting a new benchmark for ETF performance.

In a latest development, Genius Group Limited a leading AI-powered, Bitcoin-first education group, today announced an additional $10 million purchase for its Bitcoin Treasury, bringing its total holdings to 319.4 Bitcoin, valued at $30 million, with an average purchase price of $93,919 per Bitcoin.

The Solana price has fallen by 1.5% in the past 24 hours, dropping to $192.80 after co-founder Stephen Akridge was sued by his ex-wife for allegedly stealing her staking rewards. The post Solana Price Analysis: SOL Co-Founder Sued for Allegedly Stealing Millions in Staking Rewards appeared first on Cryptonews.

Ripple's XRP displays recovery signals after significant declines, down 7% lower on the weekly chart. According to Coinmarketcap, the token's trading volume exploded by 122% to $5.45 billion within the past 24 hours. That signals increased trader activity and boosted liquidity, confirming a potential comeback after recent struggles.

Solana (SOL) price has faced significant challenges recently, dropping 21% over the last 30 days. Despite this decline, SOL remains the 6th largest cryptocurrency in the market, with a market capitalization of approximately $90.8 billion.

Bitcoin price continued its strong downward trend even after MicroStrategy and Tether announced fresh acquisitions. Bitcoin (BTC) traded near the $91,000 level on Monday, Dec.

With 7,629 BTC worth $705.25 million, Tether Bitcoin reserves have been increased to 82,983 BTC, valued at $7.68 billion.

Despite experiencing a 3.2% price decline to $0.2525, Tron (TRX) has emerged as the leading profitability cryptocurrency asset. IntoTheBlock data reveals that Tron leads with over 95% in terms of addresses in profit.

MicroStrategy is at it again, like clockwork, even as market correction deepens. The company just dropped $209 million to scoop up 2,138 more Bitcoins.

Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million.

Hong Kong lawmakers are pushing for Bitcoins inclusion in national reserves, emphasizing its ability to stabilize financial systems, attract investments, and position the region as a leader in digital asset integration, following Chinas substantial Bitcoin holdings. Hong Kong Lawmaker Proposes Bitcoin for National Reserves A lawmaker in Hong Kong has proposed that the special administrative region use Bitcoin as part of the national reserve for financial security, capitalizing on Chinas one country, two systems concept, Cointelegraph reports.

Genius Group Limited (NYSE American: GNS) has increased its Bitcoin Treasury by $10 million, bringing its total Bitcoin holdings to 319.4 BTC, valued at $30 million. The company made the announcement on December 30, 2024, as part of its “Bitcoin-first” strategy, which commits over 90% of its reserves to Bitcoin.

Seraphim, who led over $1 billion in partnerships, said support the Ethena “team from the side” though is burnt out on the DeFi sector.

XRP, the fourth largest cryptocurrency, has created a "death cross" on its short-term charts, a bearish technical indication that has sparked market interest. This event coincides with a broader market sell-off, creating concerns about XRP's short-term price trend.

Bitcoin, currently dancing between $91,721 and $92,105 over the last hour, has dipped by 2.7% in the past 24 hours. Its market cap stands tall at $1.81 trillion, with a trading volume of $45.45 billion and an intraday price swing from $91,315 to $94,562.

USDT stablecoin issuer Tether Holdings Ltd is in the news again, but this time, regarding its Bitcoin strategic reserve holdings. According to ochain data from Arkham Intelligence, the USDT parent company just sent a total of 7,629 Bitcoin units to its reserve wallet.