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Bitcoin (BTC) Rival Launches Viral Cartoon Video As Token Presale Nears Half-A-Million Dollars
29.1.2024
Bitcoin had a stellar 2023 but this year, 2024, has started off rocky. The store-of-value token’s price has tumbled from January’s high of $48,000 to $41,000 in 3 weeks. As investors look for options to stop the bleeding of profits, many are eyeing the new rival, Mollars token. The alternative...
South Korean Crypto Exchanges Blocked $82m Worth of Romance Scam Transactions in 2023
29.1.2024
South Korean crypto exchanges say they blocked over $82 million worth of transactions linked to romance scams last year. Per Seoul Shinmun, the crypto exchange Coinone claimed catfishing and other romantic scams that make use of crypto were now “rampant” in South Korea. Coinone said that it...
RFK Jr. and Donald Trump Both Vow to Stop the Fed From Issuing US Central Bank Digital Currency if Elected
29.1.2024
U.S. presidential candidates Robert F. Kennedy Jr. (RFK Jr.) and Donald Trump have independently promised the American people to stop the creation of a central bank digital currency (CBDC) in the U.S. if elected President. “I will protect Americans from government tyranny,” Trump said...
Vanguard Says No to Bitcoin ETFs — Views Crypto as ‘Immature Asset Class’ With ‘No Inherent Economic Value’
29.1.2024
Financial giant Vanguard has explained why the firm does not make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. A Vanguard executive stressed that cryptocurrency is “an immature asset class that has little history, no inherent economic value, no cash flow,...
Decentralization to Secure Crypto Assets: Interview with Billy Mullins
29.1.2024
MatterFi, a decentralized digital asset wallet solution focused on security and efficiency, seeks to raise the bar regarding custody integration, faster transactions, and wider crypto adoption. In a recent press release, the company announced Billy Mullins as its new Chief Technology Officer (CTO)...
Market Strategist Gareth Soloway Eyes $15K Bitcoin in Event of Stock Market Slide
29.1.2024
In a recent interview with Gareth Soloway, the chief market strategist at verifiedinvesting.com, Soloway suggested that bitcoin might revisit the $15K level should a significant stock market sell-off occur. Soloway Predicts Potential Bitcoin Dip to $15K Two days ago, in a freshly released Youtube...
Solana Price Prediction as SOL Approaches $100 – Can SOL Beat Its All-Time High?
28.1.2024
As Solana (SOL) edges closer to the $100 mark, the crypto community is abuzz with speculation about its potential to surpass its previous all-time highs. Trading at $94.05 today, SOL has seen a 1.03% increase in the last 24 hours, with a robust trading volume of around $2.34 billion. Currently...
Coinbase Nears Historic 1 Million Bitcoin Milestone Amid Rise in Reserves and ETF Activity
28.1.2024
Recent data reveals Coinbase Global is on the brink of holding 1 million bitcoins, requiring just an additional 5,019 bitcoins to cross this significant milestone. In the preceding fortnight, Coinbase has witnessed its bitcoin reserves grow by 16,404 bitcoins, inching closer to this noteworthy...
2024 Sees Steepest Weekly Plunge in NFT Sales, 5 Major Blockchains Register Double-Digit Losses
28.1.2024
In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78%...
Bitcoin Stabilizes Over $42,000 as Crypto Fear and Greed Index Shifts to Neutral
28.1.2024
Recently fluctuating within the realms of “greed” and “extreme greed,” the Crypto Fear and Greed Index transitioned into a “neutral” phase on Sunday, Jan. 28, 2024. This shift coincides with bitcoin’s value jumping slightly over $42,000. In...
Sleeping Bitcoin Wallets Awake: Over $14 Million in BTC Moved From Long-Inactive Addresses
28.1.2024
Based on the latest onchain data, on Jan. 27, 2024, a wallet established on Aug. 28, 2013, transferred 115.50 bitcoin valued at $4.84 million, marking its first activity in more than a decade. Furthermore, two dormant accounts from 2017 also executed transactions on Saturday, moving a total...
Morgan Stanley on Decline of US Dollar, JPMorgan Warns of a BTC Selloff, BTC Mining Improved, and More — Week in Review
28.1.2024
Morgan Stanley has raised concerns about the potential decline of the U.S. dollar’s dominance due to the increasing interest in digital currencies. Meanwhile, JPMorgan has warned of a potential bitcoin selloff, anticipating a $3 billion outflow from Grayscale’s Bitcoin fund....
Cloned Assets: An Ideal Tool for Bringing Liquidity to Non-Native Tokens on Solana, Says Evan Deutsch
28.1.2024
According to Evan Deutsch, a core contributor and co-inventor of Clone, cloned assets, perpetual contracts, and bridged tokens are two tools that can bring liquid spot markets to non-native assets on Solana. Deutsch, who is better known as Mark to many in the crypto space, cautions that the latter...
With VR and AR Poised To Explode, Crypto Project 5th Scape (5SCAPE) Can Spark Major Mainstream Breakthrough
28.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The cryptocurrency market is filled with promising projects positioned for global success, and one notably significant niche is AR/VR gaming. This sector is steadily moving toward becoming a tangible...
Crypto Forensics Breakthrough: Finnish Authorities Trace Monero in High-Profile Hack
28.1.2024
The National Bureau of Investigation in Finland has reportedly made significant progress in tracing Monero (XMR) transactions as part of an ongoing investigation into the criminal trial of Julius Aleksanteri Kivimäki. Kivimäki stands accused of hacking a private mental health firm’s database...
AI Hype: CFTC Urges Investors to be Wary of AI-Created Crypto-Asset Arbitrage Algorithms
28.1.2024
The Commodities Futures Trading Commission has urged investors to be wary of artificial intelligence-created algorithms which promise dubious returns on crypto asset investments. The commission said investors should conduct background research on the companies or individuals who offer such...
SEC Crypto Enforcement Reached New High in 2023
28.1.2024
U.S. Securities and Exchange Commission (SEC) crypto enforcement skyrocketed in 2023, with more than a 50% increase in crypto-related enforcement actions compared to 2022, according to a new report. The securities regulator “continues to view cryptocurrency-related enforcement as a...
Deutsche Bank Survey: Over One-Third of Respondents Expect Bitcoin to Fall Below $20,000
28.1.2024
A Deutsche Bank survey has revealed that over one-third of 2,000 respondents anticipate bitcoin’s price to drop below $20,000. Moreover, around 15% of those surveyed predict the cryptocurrency’s price to range between $40,000 and $75,000 by the end of the year. Respondents Expect...
JPMorgan Sees Downward Pressure Easing for Bitcoin as Grayscale Profit-Taking Fades
28.1.2024
Global investment bank JPMorgan says that profit-taking from Grayscale’s bitcoin trust (GBTC) has largely happened already. “This would imply that most of the downward pressure on bitcoin from that channel should be largely behind us,” the bank’s analyst explained....
Bitcoin’s Fourth Halving May Unleash the ‘Mother of All Reorgs,’ Ordiscan Founder Predicts
27.1.2024
The crypto community is abuzz with anticipation for the upcoming Bitcoin network halving event, projected to occur on or around April 20, 2024. This event is sparking widespread speculation about its distinct importance. As the fourth Bitcoin halving nears, a theory of a potential major blockchain...