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AI Coins Start to Lose Steam – Algotech Primed to Grab Attention
8.2.2024
TLDR Leading institutional holder Kenetic Capital sells off over 2.5 million RNDR in 2 months, resulting in a major impact on token price. UK-based Fetch.ai (FET) struggles to manage operations resulting from regulatory challenges. Algotech (ALGT) and Bittensor (TAO) emerge as standout options...
LBank Launches Oasys: Revolutionizing the Blockchain Gaming Industry
8.2.2024
PRESS RELEASE. LBank, a leading global digital asset trading platform, proudly announces the integration of Oasys into its diverse trading portfolio. This strategic move not only enhances LBank’s offering in the blockchain gaming sector but also marks a significant milestone for Oasys...
Blockchain Could Have Saved Americans $74 Billion on Credit Card Fees: Coinbase
7.2.2024
Coinbase, a leading cryptocurrency exchange, has emphasized the potential of blockchain technology to save American consumers billions of dollars in its latest “State of Crypto Report,” released on Wednesday. According to the report, consumers could have collectively saved a minimum...
Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes
7.2.2024
After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading...
Determining Better Bitcoin Stock: Riot Platforms or MicroStrategy?
7.2.2024
  Representing two different ways to invest in Bitcoin (BTC), MicroStrategy (MSTR) and Riot Platforms (RIOT) have skyrocketed this year, mirroring Bitcoin’s price. For reference, the software company MicroStrategy has gained notoriety over the last three years for amassing Bitcoin. Riot...
Is Monero Doomed? XMR Plummets, Yet This Bitcoin Protocol Just Hit $10.3 Million in Funding
7.2.2024
After a tumultuous Binance announcement, the leading privacy token Monero has seen its price plummet. This XMR analysis takes a look at whether Monero is doomed to fall even further. Monero token’s huge price drop has been attributed to an announcement from Binance, which yesterday spooked...
Thailand Pushes Towards Digital Asset Hub with Introduction of VAT-Free Crypto Trading
7.2.2024
In a move to position Thailand as a leading digital asset hub, the country’s Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading. The decision aims to promote digital assets as a new alternative tool for fundraising and drive the growth of...
Hedera Secures $250 Million Partnership with Saudi Ministry of Investment for Web3 and Deep Tech Development
6.2.2024
Hedera, a leading Proof of Stake (POS) blockchain platform, has embarked on a transformative five-year partnership with the Saudi Ministry of Investment (MISA) to catalyze the development of Web3 technologies in the region. The collaboration, valued at $250 million, was unveiled during...
Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence
6.2.2024
The leading privacy-focused cryptocurrency by market valuation, monero, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Citing non-compliance with its listing criteria, Binance announced that monero, along with three...
Solana Price Prediction as SOL Blockchain Goes Down – What’s Going On?
6.2.2024
The Solana network is suffering a minor outage with the last transaction halted at 09.52 UTC, according to the block explorer. Engineers and validators are currently investigating the mainnet-beta for the source of the problem. Blockchain company and leading Solana validator Laine tweeted:...
US Treasury Secretary Yellen Highlights Crypto Risks, Urges Legislation
6.2.2024
U.S. Treasury Secretary Janet Yellen, leading the Financial Stability Oversight Council, addressed lawmakers about the risks cryptocurrencies pose to the U.S. financial system and called for regulations. During the presentation to the House Financial Services Committee, Yellen detailed concerns...
Lawmaker: Lack of Russian Crypto Regulations ‘Undermines Moscow’s Anti-Sanctions Policies’
6.2.2024
A leading politician thinks insufficient Russian crypto regulation is “undermining the government’s efforts to counter” Western economic sanctions. The media outlet RBC quoted Andrei Lugovoy, the First Deputy Chairman of the State Duma’s Committee on Security and Anti-Corruption, as calling Russian...
Trump Calls CBDC a “Very Dangerous Thing,” Criticizes Artificial Intelligence
5.2.2024
Former president and leading Republican presidential candidate Donald J. Trump called the prospect of a central bank digital currency (CBDC) a “very dangerous thing” during a February 2 interview on Fox Business. Trump Doubles Down On Anti-CBDC Stance Fielding questions from Maria Bartiromo, Trump...
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
Bitcoin (BTC) users pouring into DeeStream (DST) last week as Ripple (XRP) holders are selling
5.2.2024
  Can anything ever get better than Bitcoin (BTC)? Bitcoin (BTC) has long established itself as the leading cryptocurrency in the world. However, a new coin, DeeStream, has got Bitcoin (BTC) users pouring into its project in droves. Not just that, Ripple (XRP) holders are selling off their...
Top Meme Coin Sees Price Growth As Investors Brace For 11PM Sponge V2 Bridging Deadline – Only Hours Left to Stake
5.2.2024
Monday, February 5, 2024 – Leading 2024 meme coin Sponge token is racing towards its Sponge v1 staking deadline at 11PM UTC – so don’t miss out on your last chance to stake and qualify for Sponge V2.This comes as the highly anticipated deadline for the transition from Sponge V1...
eTukTuk (TUK) Presale Sees Hundreds of Thousands Invested as Project Backers Make The Most of High Staking Rewards
5.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. eTukTuk is leading the green AI revolution with its innovative and eco-friendly transportation solution. As one of the hottest crypto projects in 2024, the eTukTuk’s TUK token presale has already...
AltLayer’s Executive Quells Community Backlash Over $100 Million Airdrop Distribution
5.2.2024
AltLayer’s Head of Growth has described events leading up to gains by a few non-fungible token (NFT) holders as a coincidence. Additionally, Dorothy called for more community support in the future. In a reaction to widespread criticism of handling a recent airdrop, the executive took to X (formerly...
Bitcoin Technical Analysis: BTC Holds Steady Above $43K as Bulls Defend Support
5.2.2024
Bitcoin’s price is holding above the $43,000 range after bulls defended key support levels over the weekend. The leading crypto asset is up 2% week-to-date and 5.6% over the past two weeks. Bitcoin On the 1-hour chart, bitcoin’s price action shows a short-term uptrend, with higher lows...
Hacker Reportedly Breaches Law Enforcement Systems of Binance & Coinbase
5.2.2024
Recent cybersecurity breaches have targeted the law enforcement request systems of prominent tech giants including Google, Meta, and TikTok, and major crypto exchanges like Binance and Coinbase. According to a report by InfoStealers, a notable rise in cybersecurity threats has led to hackers...