2025 looks promising for the cryptocurrency industry after sectors like OTC and stablecoin transactions witnessed booms in 2024, Finery Markets experts shared.
While the cryptocurrency sector can be extremely volatile, its unpredictability can present exciting opportunities for investors who want to profit from sudden price movements. Take $WIF, for example.
The Telegram-based game Seed has announced key details regarding its token launch and airdrop, which are set to occur soon on the Sui blockchain.
Bybit in India will temporarily halt new trades, deposits, and product access from January 12, 2025.
Stablecoin developer Usual introduced a major update to its USD0++ protocol on Jan. 9, unveiling dual exit mechanisms aimed at enhancing the token's long-term sustainability.
Kenya's move to legalize crypto assets could boost financial inclusion and innovation, positioning the country as a leader in digital finance. The post Kenya set to legalize crypto, says Finance Minister John Mbadi appeared first on Crypto Briefing.
Despite regulatory restrictions, Asia is emerging as the global epicenter of crypto, capturing 60% of users worldwide. A recent study by Foresight Ventures and Primitive reveals that the Asian continent generates the largest share of global liquidity, with five Asian countries ranking in the top 10 of the global crypto adoption index in 2024.
Such a subcommittee already exists in the larger House of Representatives, which is also undergoing a leadership change.
The Senate Finance Committee has reportedly locked in January 16 as the big day for Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary. So now Scott, a hedge fund mogul and crypto lover, is preparing for what promises to be a closely watched confirmation hearing.
Crypto-related hacks and scams surged in 2024, with over $3 billion stolen despite a decline in the number of incidents.
Indian users will be unable to open new trades or access products on the platform from Jan. 12, though withdrawals are not affected.
Philippine banks are working together to launch PHPX, a peso-backed stablecoin on the Hedera network.
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have called on authorities to remove a prohibition barring pension funds from investing in crypto assets.
Markets across various asset classes are bracing for the release of December's US jobs report, an economic indicator that could affect markets on all fronts: equities, bonds, and cryptocurrencies. Expectations are mixed, with investors anxiously eyeing the data to gauge the Federal Reserve's next moves.
Banking giant Standard Chartered is launching crypto services in Europe after obtaining a digital asset license in Luxembourg under the MiCA regulatory framework.
Sharing stories of women in web3 space can inspire those young female professionals considering a career in the decentralized technology field.
Rumor has it that the US Senate Banking Committee (SBC) plans to create a crypto-specific subcommittee under Trump's proactive administration. FOX Business reports the initiative comes from the SBC's new chair, Republican Senator Tim Scott, and is a ‘top priority.
In a latest development, Bybit exchange will temporarily halt operations in India starting January 12, 2025, at 8 AM UTC. Bybit, noted that their primary objective has always been to operate in full compliance with all applicable rules and regulations.
Bybit will continue honoring user withdrawal requests despite temporarily halting other services.
Multiple CEOs in the sector have been rooting to be members of the Crypto Advisory Council formed by the Trump administration. The past week saw leading members from Ripple and Coinbase meet with Donald Trump.
TL;DR Vitalik Buterin warned about the risks of uncontrolled AI that could generate autonomous and self-replicating entities, threatening humanity. He proposed that AI should complement human intelligence, enhancing collective capabilities without replacing people. Buterin introduced “Decentralized and Democratic Defense” (d/Acc) as an approach to mitigate AI risks through decentralized tools.
SAFE, the native token of Safe Wallet, surged 20% as Bithumb listed the token on its platform. Safe (SAFE) rose to $1.10 on Jan. 10, marking a 20% surge from its monthly low of $0.
TL;DR The index dropped to 50 points, its lowest level since October 2024, after months of strong optimism. Bitcoin's price fell below $92,000 following news of potential massive cryptocurrency sales. Factors such as the U.S. Federal Reserve's monetary policy, a strengthening dollar, and high interest rates are negatively affecting the market.
Crypto industry experts doubt Trump's commitment to keep all his promises: "It is clear that the Republican Party has relied on a pro-crypto political position to gather votes from citizens holding crypto assets."
Cube Entertainment's co-CEO, Kang Seung-gon, faces accusations of misleading investors about the safety of their investments in the Nestree cryptocurrency, prompting potential legal action from affected individuals. The post Cube Entertainment CEO Accused of Misleading Investors on Crypto Guarantees appeared first on Cryptonews.
The Commodity Futures Trading Commission (CFTC) reportedly issued a subpoena to American crypto exchange Coinbase as part of an ongoing probe of the decentralized prediction market platform Polymarket.
TL;DR The U.S. Senate will create a pro-crypto subcommittee, led by Cynthia Lummis, to establish a clear regulatory framework for the sector. Senator Lummis, a Bitcoin advocate, aims to boost the sector through regulations that favor innovation and consumer protection.
Circle, the institution behind the issuance of USDC, the second-largest stablecoin in the cryptocurrency market, has donated $1 million to the inaugural fund of President Trump. Circle joins other tech giants like Microsoft and Google, which have also recently announced donations.
This program is designed in such a way that it will create a structured pathway for aspiring and intermediate content creators to up their skills.
The Senate Banking Committee, led by Senator Tim Scott, is creating its first crypto-focused subcommittee. Pro-crypto Senator Cynthia Lummis is tentatively set to lead, pending a formal committee vote.
The UK Treasury has amended legislation to clarify that crypto staking does not fall under the definition of a collective investment scheme.
Despite once denouncing digital assets, the former and future president Donald Trump is becoming increasingly associated with cryptocurrencies.
Ethereum cofounder Vitalik Buterin has cautioned against calling certain blockchain use cases attacks. He emphasized how such measures might open the door for censorship in blockchain networks compromising the openness and defiance of authority that are the foundation of these networks.
A blockchain security solution by Cyvers could prevent 99% of crypto hacks and scams, addressing vulnerabilities like phishing and CEX exploits that cost $2.3 billion in 2024.
With Bitcoin and the overall crypto market facing a major correction, investors question whether this is the end of the altcoins bull market. However, popular analyst Michael van de Poppe believes that the bull market is very much intact and the current phase is just the final shakeout before a mega rally ahead.
TL;DR Alice Liu, Research Director at CoinMarketCap, positions Real World Assets (RWA) as the main trend in the crypto market for 2025. Liu predicts that memecoins will continue to evolve and remain relevant in 2025, improving their business models despite volatility.
Gate.io (GT), a leading cryptocurrency exchange, has launched the Startup Project Free Airdrop Program, according to the reports shared with Finbold on Friday, January 10.
The trajectory of the cryptocurrency market in 2024 was quite unpredictable. A long-awaited ‘Uptober' failed to materialize — only for Donald Trump's victory in the presidential elections to ignite a full-on bull run in November.
Usual's USD0++ staked stablecoin introduces dual exit mechanisms, prompting market volatility and significant community debate.
The proposed launch of PHPX, a peso-backed stablecoin supported by prominent Philippine banks, has created excitement among the Filipino expatriate community. Remittance is the backbone of the Philippine economy. The stablecoin launch, scheduled to take place between May and July, is expected to simplify the cross-border payment framework.
As part of the launch, Bithumb is offering rewards for SONIC traders. Users who trade or deposit SONIC for two consecutive days can earn additional SONIC based on their trading volume.
This fundraising success highlights the growing investor interest in AI and blockchain technology. The sale saw almost 85,000 nodes purchased by around 8,500 individuals, making it the second-largest node sale in terms of unique buyers.
Amid a declining crypto market, PIPPIN's extraordinary rally has turned $1 million loss into massive gains for a resilient trader.
The U.S. Supreme Court on Thursday denied Trump's emergency appeal to halt his criminal sentencing in New York.
Delta Police, with Chainalysis support, trace and freeze millions from scam wallets in Operation Spincaster, enhancing local law enforcement's crypto crime capabilities.
The UK Treasury has made an important update regarding crypto staking. It has been confirmed that staking doesn't fall under the rules for “collective investment schemes” (CIS), a category that includes investment funds and ETFs. This decision is a relief for those involved in staking, especially in networks like Ethereum and Solana.
The UK FSMA has clarified that crypto staking does not qualify as a collective investment scheme in the country.