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Crypto Lawyer Reveals Fed’s Involvement in ‘Operation Chokepoint’ on Digital Assets
1.2.2024
Image Source: Jimmy Aki, Midjourney On January 31, popular crypto lawyer James Murphy exposed subtle anti-crypto moves by the US Federal Reserve against crypto custody firm Custodia Bank. ‘Master Account’ Approval Takes Forever In a post on X (formerly Twitter), James “MetaLawMan” Murphy revealed...
Jupiter’s JUP Token Makes a Grand Entry With $700M Airdrop on Solana Blockchain
1.2.2024
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $700 million worth of JUP tokens to almost a million wallet holders. Jupiter’s JUP Token Airdrop Distributes to Nearly a Million Users The cryptocurrency world witnessed...
U.S. Sen. Lummis Says 'Delicate' Talks Underway Over U.S. Crypto Legislation
1.2.2024
Speaking to CoinDesk TV, Lummis says she is hopeful a stablecoin bill could move forward in the first half of 2024, before elections increase political pressures in Washington
U.S. Regulatory Approach Pushing Crypto Overseas, New 21Shares Report Says
1.2.2024
The push by U.S. lawmakers for stringent regulations in the crypto industry is driving business overseas, a 2024 market outlook report released on January 28 from ETP provider 21Shares revealed. The U.S. Desperately Needs Regulatory Clarity 21Shares’ State of Crypto report claims regularity...
Hong Kong Worldcoin Offices Visited Amid Privacy Investigation
1.2.2024
The offices of the Worldcoin project, a biometric scanning and wallet initiative, have been visited by authorities in Hong Kong amidst a broad privacy investigation. The authorities, complying with a court warrant, advised the general audience to protect their sensitive data carefully and avoid...
Crypto Influencer BitBoy Ends YouTube Show Amid Ongoing Legal Battles
1.2.2024
Source: Midjourney Renowned crypto influencer BitBoy, real name Ben Armstrong, has announced the end of his daily crypto show on January 31. Cash Crunch and Legal Battles Prompt Closure In a surprising turn of events, BitBoy bid farewell to his three-year daily crypto show. Revealed on his YouTube...
Affected by the National Stock Market Downturn, Chinese Investors Have Flocked to Gold
1.2.2024
Chinese investors have been buying gold as an investment, motivated by the poor performance of traditional stock and property options. According to World Gold Council (WGC) reports, China had the largest demand for gold for jewelry and investment purposes in 2023. This, and the demand from central...
U.S. Drilling Down on Crypto Miners' Energy Use Draws Ire From Community
1.2.2024
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S
Crypto for Advisors: AI Tools for Advisors
1.2.2024
Content creation and productivity are the main benefits of advisors utilizing AI tools.There are some helpful things that AI can do to help financial advisors
Top Crypto Gainers Today on DEXTools – PORK2, SOUTH, PORK
1.2.2024
Top Crypto Gainers Today on DEXTools Whilst most major cryptocurrencies remain lower in the past 24 hours, the market is attempting a rebound on Thursday, low cap shitcoins $PORK2, $SOUTH and $PORK are the top crypto gainers today on DEXTools. Blue chip cryptocurrency markets dipped on Wednesday...
EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged ‘Public Harm’
1.2.2024
The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget (OMB) to conduct an urgent survey regarding electricity usage by cryptocurrency mining firms across the U.S. The EIA submitted this request on the grounds that “public harm...
Best Crypto to Buy Now Feb 1 – LINK, PYTH, MINA
1.2.2024
Cryptocurrencies like Chainlink, Pyth Network, and Mina Protocol compete for best crypto to buy today Image by cryptonews.com Whilst most major cryptocurrencies remain lower in the past 24 hours, the market is attempting a rebound on Thursday, with Monero (XMR), Ronin (RON) and ApeCoin (APE)...
FORK Coin is Up 69,000% and Traders are Watching This Other Crypto Now
1.2.2024
FORK Coin has rocketed by more than 69,000% in the past 24 hours, with the new Solana-based meme token reaching a record high of $0.032 earlier this morning. Trading on the Raydium decentralized exchange in a pairing with Solana (SOL), FORK has quickly become one of the hottest trending coins...
Bitcoin’s Hashrate Hits 7-Day Record High, Surging to 566 EH/s Amid Anticipation of Upcoming Difficulty Adjustment
1.2.2024
Bitcoin’s computing power has soared to unprecedented levels, with the seven-day simple moving average (SMA) peaking at 566 exahash per second (EH/s) as of Jan. 30, 2024. Despite experiencing a slight decline in mid-January, the network’s hashrate is on an upward trajectory,...
Could Scotty The AI (SCOTTY) Become The Mascot For The Crypto Market? See Why SCOTTY Matters
1.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Here’s a project that you should check out as soon as possible: Scotty the AI (SCOTTY), an innovative fusion of AI and blockchain technology that offers a multitude of valuable features...
Crypto Bank Savior New York Community Bancorp Sees 40% Drop in Shares
1.2.2024
New York Community Bancorp (NYCB), the savior of failed Signature Bank, has witnessed a sharp decline of 40% in its shares. The bank’s shares took a hit on Wednesdau after the decision to cut dividend to strengthen its capital and the announcement of an unexpected loss, according to a report...
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
1.2.2024
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene
Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis
1.2.2024
A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023
Long-Dormant ‘Sleeping Bitcoins’ Worth $35 Million Spring to Life on January’s Final Day
1.2.2024
On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $35.96 million. Originating from a handful of distinct addresses, 726 bitcoins were likely...
US Gets Serious About Tracking Crypto Mining Electricity Usage
1.2.2024
A US government agency responsible for managing energy-related data is going after crypto-mining companies over their power consumption. The Energy Information Administration (EIA) said on Wednesday that it will collect electricity consumption data from identified US-based crypto mining companies...