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FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin
29.12.2023
Source: Adobe / Александр Поташев FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims. In a filing made on December 27 in the United States Bankruptcy...
Bitcoin Price Prediction: BTC at $42,650, Is Downtrend Looming?
29.12.2023
  In the fluid world of cryptocurrency, Bitcoin (BTC/USD), the trailblazer of digital currencies, finds itself at a pivotal juncture. As of December 29, Bitcoin’s price hovers at $42,627, reflecting a 1.82% decline in the past 24 hours. This downturn brings Bitcoin’s market...
Cardano Price Prediction as ADA Breaks Above $0.63 – Is a Major Rally Imminent?
29.12.2023
In the dynamic realm of cryptocurrency, Cardano (ADA) stands out with its recent price movement. As of December 29, ADA’s price hovers around $0.6101, showing a 6.42% decline over the last 24 hours. Despite this downturn, ADA’s current market cap of approximately $21.57 billion, as...
Best Crypto to Buy Now December 28 – Bitcoin SV, Aave, Arbitrum
28.12.2023
BSV, AAVE, and ARB might be the best cryptos to buy now, alongside ongoing crypto presales Sponge V2 and Meme Kombat. Image by cryptonews.com. Select cryptocurrencies are exhibiting bullish behavior to close out the year, making them potentially among the best cryptos to buy now–with Bitcoin...
Perpetuals Trading Protocol Levana Suffers Oracle Attack, Loses $1.14 Million
28.12.2023
Source: Pixabay Perpetuals trading protocol Levana has fallen victim to an oracle attack, resulting in a loss of $1.14 million. According to a report from the Levana team, the exploitation happened between December 13th and December 26th, with the assailants siphoning off 10% of Levana’s liquidity...
US Bankruptcy Court Approves $225M ‘MiningCo Transaction’ for Celsius, Prevents Securities Ruling in Chapter 11 Proceedings
28.12.2023
Source: Adobe/Canva Bankrupt cryptocurrency lending company Celsius Network has achieved a significant milestone in its Chapter 11 bankruptcy proceedings. The United States Bankruptcy Court for the Southern District of New York has granted approval for Celsius Network’s proposed...
Hashdex Launches New Ad Campaign Amid SEC Deliberation on Bitcoin ETF Approvals
28.12.2023
Source: Adobe Stock Hashdex, an asset management firm, has released a new advertisement as the U.S. Securities and Exchange Commission (SEC) is in the process of reviewing applications for the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. On December 28, Hashdex posted...
‘OTC King’ Zhao Guilty of Unauthorized Crypto Operations, Says Chinese Legal Authority
28.12.2023
Source: Pexels China’s Supreme Procuratorate has reportedly disclosed the details behind the seven-year prison sentence given to the founder of the over-the-counter (OTC) crypto trading desk RenrenBit, Zhao Dong. In a press release on December 27, the Chinese legal authority revealed that...
Bitcoin ETF Countdown: SEC’s Decisive December Deadline – Here’s the Latest
28.12.2023
Source: Adobe / Jhonsmetal The crypto community is on edge as the US Securities and Exchange Commission (SEC) approaches a crucial deadline for potential approval of a spot Bitcoin Exchange-Traded Fund (ETF). The decision, scheduled for January 10, 2024, could mark a substantial entry for Bitcoin...
Argentina’s New Government Introduces New Bill to Regulate Crypto Holdings for Tax Payers
28.12.2023
Source: Quatrox Production/AdobeStock Argentina’s newly elected government, led by libertarian Javier Milei, has unveiled its plans to simplify the process of legalizing cryptocurrency holdings, even for individuals who may not have accurately reported them for tax purposes. On December...
HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions
28.12.2023
  The Hong Kong-based digital asset exchange, HKbitEX, partners with Shanghai Technology Exchange to develop asset tokenization (RWA) solutions for tech companies, supported by China’s Ministry of Science and Technology and Shanghai municipal government. On December 28, in a significant...
Elon Musk Weighs in on NFT Technology — Here’s What He Thinks
28.12.2023
Image Source: YouTube/Fox News Elon Musk has again shared his opinion about the current structure of non-fungible tokens (NFTs), noting that embedding JPEG images into a blockchain can establish exclusive ownership for enthusiasts. On December 27, Musk responded to a comment on his platform,...
Best Crypto to Buy Today December 27 – Mina Protocol, Astar, PancakeSwap
27.12.2023
Mina Protocol, Astar, and PancakeSwap stand out as the best crypto to buy today alongside hidden gems Sponge V2 and Meme Kombat presales. Image by cryptonews.com. With the ASTR price up over 15% so far today, investors are searching for the best crypto to buy today, and top options include Mina...
Crypto Analyst Lark Davis Predicts Ethereum Price to Surge to $15,000 in 2024 — Here’s the Latest
27.12.2023
Source: AdobeStock Cryptocurrency analyst Lark Davis has predicted that Ethereum will reach a price of $15,000 per coin in the upcoming bull cycle of 2024-2025. Despite the asset’s relatively subdued performance this year, Davis foresees a significant upswing that could potentially yield...
Bit.Store Makes a Leap in Crypto Accessibility with its Launch on Binance Mini Program
27.12.2023
PRESS RELEASE. Vilnius, December 27th 2023 – Bit.Store, a web3 crypto card issuing infrastructure, is thrilled to announce its latest venture – the launch of Bit.Store on the Binance Mini Program. This strategic move marks a significant milestone in Bit.Store’s mission to simplify...
$2.2 Billion Illegal Forex Operation Busted by Chinese Authorities Using Crypto Platforms
27.12.2023
Source: Adobe / Alen Chinese authorities have reportedly dismantled an illegal underground banking operation that moved some $2.2 billion between China and other countries using overseas “virtual currency trading platforms.” On December 24, an account on social media app WeChat run...
USD/JPY Leap Post-BOJ: A December Surge
27.12.2023
USD/JPY and the BOJ Meeting The USD/JPY currency pair, a forerunner of economic relations between the U.S. and Japan, has recently experienced an explosive rise. The chief reason for this is the results of the (Bank of Japan) BOJ December meeting, which profoundly affected global currency...
Bitrace Report Examines Money Laundering with Stablecoins
27.12.2023
Source: iStock/kali9 A recent report by blockchain researcher Bitrace has shed light on the potential use of stablecoins in money laundering activities. The report, published on December 26 and translated by Wu Blockchain, highlighted two distinct scenarios in which stablecoins, specifically...
Mt. Gox Creditors Report Double Payments in Settlement Funds; Exchange Seeks Remediation
27.12.2023
Source: AdobeStock / 24K-Production Mt. Gox, the once-dominant cryptocurrency exchange that famously collapsed in 2014, has recently encountered a new hurdle in its efforts to repay creditors. Reddit users are now reporting a payment error stemming from what the exchange describes as...
Is It Too Late to Buy Osmosis? OSMO Price Rockets Up 24.5% as the Latest Meme Coin Gears to Launch
27.12.2023
As the crypto world buzzes with the launch of new meme coins, Osmosis (OSMO) has carved out its own success story, recently witnessing a striking 24.5% surge in its price. As of December 27, this noteworthy ascent has positioned Osmosis at $1.61, a significant 3.26% increase in just 24 hours...