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Vaneck Unveils 15 Crypto Predictions: Spot Bitcoin ETF Approvals, US Recession, BTC’s Historic Rally
10.12.2023
Asset management firm Vaneck has unveiled its 15 crypto predictions for 2024. They include the U.S. recession’s arrival, the approvals of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC), and bitcoin’s historic rally, “potentially...
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
9.12.2023
Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively modest at 9.9%. In contrast, bitcoin, the leading...
Meme Coins Surge in Value, Gaining $6.7 Billion in a Month With BONK, PEPE, and SHIB Leading the Rally
9.12.2023
Meme coins have been on a tear over the past month, increasing by $6.7 billion and 39.18% since Nov. 8. While bonk (BONK) led the pack this past week, rising 153% against the U.S. dollar, several other meme coins like dogecoin, shiba inu, and pepe recorded double-digit gains. Explosive Growth...
Bonk Price Prediction after 1,000% Surge in 30 Days – Can it Overtake DOGE and SHIB?
9.12.2023
The meme coin phenomenon has a new contender in Bonk Token, which has experienced an astonishing 1,000% surge within a mere 30 days, signaling a potentially seismic shift in the meme coin hierarchy. With its price currently at a modest $0.000013 and a staggering $2 billion in daily trading volume...
Jack Dorsey’s Block Launches Bitkey: A New Self-Custody Bitcoin Wallet With No Seed Phrases
9.12.2023
Block, Inc. has recently introduced Bitkey, its innovative self-custody bitcoin wallet, offering a unique approach to bitcoin management. Unlike traditional wallets which rely on passwords or seed phrases, Bitkey utilizes a distinctive 2-of-3 multi-signature mechanism for recovery. Bitkey Wallet...
NFT Game ‘Champions Ascension’ Teams Up with Amazon Prime for Exclusive Rewards
9.12.2023
Image Source: Pixabay Champions Ascension, an action-packed combat-oriented role-playing game, has joined forces with Amazon Prime to provide exclusive in-game rewards for subscribers. Starting from Friday, Amazon Prime Gaming is offering its members a chance to claim 100 in-game gold and a loot...
December Sparks NFT Sales Surge — Bitcoin Dominates as Market Recovers, Iconic Collections Realign
9.12.2023
In the wake of a strong rise in non-fungible token (NFT) sales last November, the initial week of December continued this trend, with sales escalating by 57% compared to the previous week. Bitcoin Outshines as NFT Sales Skyrocket in Early December This past week’s NFT sales amounted...
Altcoin Surge Outshines Bitcoin’s Modest Gain Amid Anticipation of Potential Altcoin Season
9.12.2023
Bitcoin saw a modest increase of 1.8% in the past 24 hours as of Dec. 9, 2023. Meanwhile, more than 17 crypto assets experienced much larger gains, ranging from 7% to over 35% in the same timeframe. Despite this rise in various altcoins against the U.S. dollar, current trends have yet to signal...
Bitcoin Price Prediction as Option Traders Bet on $50,000 BTC by January – Are They onto Something?
9.12.2023
As Bitcoin (BTC) hovers around significant price points, option traders are betting on the cryptocurrency reaching $50,000 by January. This optimism coincides with heightened anticipation for the approval of a spot Bitcoin Exchange-Traded Fund (ETF), a development that’s expected to further...
Battle of the Stable Coins: Tether, USD Coin, and Dai Face Off in a Competitive Market
9.12.2023
In the ever-volatile world of cryptocurrencies, stablecoins have emerged as a haven for investors looking to hedge against market unpredictability. Three of the most notable stablecoins, Tether (USDT), USD Coin (USDC), and Dai (DAI), are now in a fierce competition to dominate this growing market....
Robinhood Launches Crypto Trading in EU, Aims for Global Accessibility
9.12.2023
Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it’s our goal to make crypto more accessible and affordable to everyone, regardless of where they live,” the company explained. Robinhood Expands...
Tron (TRX) and Ripple (XRP) investors tired of holding are now moving towards utility-rich Retik Finance (RETIK)
9.12.2023
The cryptocurrency landscape is a volatile one, rife with both fleeting hype and long-term disillusionment. Investors, once captivated by the promise of astronomical returns, often find themselves holding tokens with stagnant prices and uncertain futures. This is particularly true for holders...
Solana NFTs Eclipse Ethereum in Trading Volume Amid Surge
9.12.2023
Source: AdobeStock / Aleksandra Sova Solana (SOL) continues to experience upward momentum, with its non-fungible tokens (NFTs) witnessing considerably higher trading volume, surpassing even that of Ethereum. Projects like Mad Lads and Tensorians have seen significant price increases, multiplying...
Hong Kong Regulator Warns of 2 Entities Suspected of Crypto Frauds
9.12.2023
Hong Kong’s financial regulator has warned the public about two entities suspected of crypto frauds. In addition to issuing cease and desist letters to relevant website operators requesting them to cease offering crypto tokens for purchases, the regulator advises the public to “be...
Michael Saylor’s 2BNs, Adam Back’s 700Ks, Jamie Dimon’s No-to-BTCs and 20 Crypto Jokes
9.12.2023
Source: coin.bureau / Instagram This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes. __________ This crypto week in the crypto world: the super-majority of bitcoin holders were back in profit, a Glassnode analyst expected...
Dachbet: Enjoy the Thrills of DachBet (Live & Online) Now
9.12.2023
Dachbet is a new online gambling company founded in 2021 and has proven to be a great place for all gambling enthusiasts. This gambling house is licensed by a reputed regulatory body and therefore meets all the requirements to provide … Continued
The post Dachbet: Enjoy the Thrills of DachBet...
Japan Mulls Exempting Companies From Paying Taxes on Unrealized Cryptocurrency Gains
9.12.2023
Japan is considering exempting corporations from paying unrealized gains income taxes related to cryptocurrency holdings. The measure, proposed as part of a reform in Japan’s tax code, would allow companies to avoid paying taxes for cryptocurrencies even if their market value changes during...
The Bulk of Crypto Trading Volumes in Africa Are Generated by Institutional Traders — Farzam Ehsani
9.12.2023
Farzam Ehsani, the founder and CEO of the South African crypto exchange Valr, has stated that institutional traders account for the bulk of the African continent’s crypto trading volumes. To support this point, Ehsani referred to Valr’s largest volumes which he said “are...
Chimpzee Intends to Save Forgotten Animals In Ukraine During Its Last Week of Fundraising – $2.5 Million Raised Already.
9.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee recently announced its next goal is to provide financial contributions to Forgotten Animals to help neuter cats and dogs abandoned during the Ukraine War. The presale has already raised $2.5...
Indian Government Confirms Commitment to Supporting Web3 Startups
9.12.2023
The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the innovators and innovation from India create the future of Web3...