Search
2024 Crypto Economy Forecast — Bitfinex Researchers Predict $3.2 Trillion Market Cap Amid Rising Adoption
23.12.2023
As 2024 approaches, Bitfinex market strategists have expressed optimism for bitcoin (BTC) and crypto assets in general, acknowledging their resilience amid regulatory and reputational challenges. The crypto market, according to Bitfinex analysts, is oscillating between bouts of greed and regulation...
Bitcoin Price Prediction: BTC Still Rejected at $45,000 – Can it Breakthrough Before 2024?
22.12.2023
Bitcoin, the world’s most prominent cryptocurrency, continues to show resilience, hovering around the $44,000 mark. As of this writing, the global crypto market capitalization stands at an impressive $1.66 trillion, marking over 2% surge in the last 24 hours. Bitcoin’s recent surge past...
Dogecoin Price Prediction as $1.2 Billion Trading Volume Floods In – A Bigger Surge Incoming?
22.12.2023
Despite a nearly 10% decline over the past week and a 3% drop in the last 24 hours, Dogecoin has seen a remarkable trading volume influx, boasting a over 19% increase in activity. This flurry in trading suggests a strong investor interest in acquiring Dogecoin at its current rate of $0.0950, with...
Multiple Crypto Influencers Struck By SIM Swap Attacks – Here Are The Details
22.12.2023
Source: Pixabay SIM swappers are beginning to target crypto influencers ahead of the holidays, with some taking control of their high-profile accounts on X. Some include the accounts of crypto investment firm Manifold Trading and its founding partner, Jae Chung. Unlike regular posts about platform...
Bloxroute to Reject Blocks With OFAC Flagged Transactions
22.12.2023
Bloxroute, a company that provides relaying services, has declared that it will start rejecting block bids with transactions from wallets part of the Office of Foreign Assets Control (OFAC) Specially Designated Nationals And Blocked Persons List (SDN List). Based in the U.S., the company clarified...
People’s Bank of China Stresses on Global Regulation for Crypto and DeFi Markets
22.12.2023
Source: Eagle/Adobe China’s central bank has called on global financial authorities to regulate the digital asset and decentralized finance (DeFi) markets in its recent financial stability report. The People’s Bank of China released a report on Dec 22 highlighting a regulatory pathway for local...
Best Crypto to Buy Today December 22 – Algorand, Arbitrum, Lido DAO
22.12.2023
In today’s dynamic cryptocurrency market, discerning investors are keeping a close eye on the best buys for December 22. Leading the pack are Algorand (ALGO), Arbitrum (ARB), and Lido DAO (LDO), each showcasing promising upward trends. Algorand, with its innovative blockchain technology,...
SEC “Deeply Regrets” Handling of Debt Box Case, New Court Filing Reveals
22.12.2023
The United States Securities and Exchange Commision (SEC) has apologized for its handling of a lawsuit against decentralized blockchain project, Debt Box, according to new court documents. Walking it back “The Commission takes this Court’s concerns seriously and deeply regrets these errors,”...
Biggest Crypto Gainers Today on Uniswap – CPOOL, METIS, ALPH
22.12.2023
In today’s crypto landscape, several tokens on Uniswap have emerged as significant gainers, capturing the attention of investors and traders. Among these, CPOOL experienced a notable increase of above 4.5% in a day, reaching $0.1235. Similarly, METIS witnessed an impressive surge of around...
Paxos Expands to Solana Following NYDFS Nod, Widening Stablecoin’s Horizon
22.12.2023
The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The company, which oversees the pax dollar (USDP), anticipates that Solana-issued USDP will be publicly available starting Jan. 17, 2024. Paxos Set to Launch Stablecoin...
Bitfinex Market Analysts Predict $3.2 Trillion Crypto Market Capitalization – Here’s More
22.12.2023
Source: AdobeStock / prima91 Bitfinex analysts say the digital asset market capitalization could hit $3.2 trillion if bullish factors remain amid soaring prices towards the end of the year. In a new market report, the firm made market projections ahead of the new year with present market forces...
Argentina’s President Javier Milei Issues Major Deregulation Measures via Executive Order
22.12.2023
Javier Milei, president of Argentina, has issued an emergency executive order repealing a series of laws to prepare the state for upcoming privatization and modernization moves. The executive order, which has 366 articles, touches on major aspects of Argentine life, including rents, job regulation...
Spot Bitcoin ETF Analysts Eye January 10th Approval Deadline
22.12.2023
As approval for a spot bitcoin ETF from the U.S. Securities and Exchange Commission (SEC) looms closer and closer, research experts are still expecting the federal agency’s approval deadline to occur before January 10th, 2024 despite a series of grueling last-minute changes. Approvals window from...
New Argentina President Legalizes All Foreign Currencies For Payment – Including Bitcoin
22.12.2023
Source: Alexey Novikov / Adobe Argentina’s newly elected leader, Javier Miliei, has struck down forced legal tender laws forcing Argentinians to settle debt obligations in specific currencies, enabling use of alternatives like USD and Bitcoin (BTC). The rule comes attached to a sweeping executive...
GHO Stablecoin Fails to Enforce Dollar Peg Amid Criticism, Receives D Grade From Bluechip
22.12.2023
Roughly three weeks ago, Bitcoin.com News covered the stablecoin GHO, when it achieved a notable milestone by reaching $0.98 per coin. However, on December 11, the token experienced a slight dip, hitting $0.975 per unit. Despite some improvement in its stability, the stablecoin has still...
BarnBridge DAO and Founders Agree to $1.7 Million Settlement with SEC
22.12.2023
Source: Pixabay BarnBridge DAO and its two founders are set to pay the SEC over $1.7 million to settle allegations of neglecting to register the offer and sale of BarnBridge’s structured crypto asset securities. In a press release published on Friday, the Securities and Exchange Commission (SEC)...
Paxos Receives Regulatory Approval to Expand into Solana Blockchain
22.12.2023
Source: Pixabay Paxos has announced an expansion of its stablecoin issuance to the Solana blockchain after securing regulatory approval from the New York Department of Financial Services. In a press release published Friday, the stablecoin issuer noted that the initiative is a “significant...
Hong Kong Financial Regulator Prepared to Accept Applications for Spot Crypto ETFs
22.12.2023
Source: Adobe/leungchopan Hong Kong’s Securities and Futures Commission (SFC) has expressed its readiness to consider applications for spot crypto exchange-traded funds (ETFs). The SFC and the Hong Kong Monetary Authority (HKMA) have issued a joint circular addressing the increasing interest...
Is It Too Late to Buy Optimism? OP Price Rockets Up 26.8% as the Latest Meme Coin Prepares to Launch
22.12.2023
Leading layer-2 scaling solution Optimism has experienced a strong week’s performance on the market, with OP price rocketing up +26.8% – leaving some side-lined traders asking ‘Is It Too Late To Buy Optimism?’. Markets have been invigorated by the explosive upside move by...
Bitmap Theory’s Meteoric Rise: Pioneering a Bitcoin Metaverse With a $235 Million Valuation
22.12.2023
The Bitmap Theory initiative, launched just last summer, is swiftly gathering momentum. Its objective is to integrate a digital realm, often referred to as the metaverse, within the Bitcoin blockchain. Through the innovative use of Ordinal inscription technology, Bitmap enables individuals to claim...