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How to Buy Sponge V2 ($SPONGEV2) – Easy Guide
19.12.2023
Meme Mania has returned to the broader crypto market. Could Sponge V2 be the next billion-dollar meme coin for 2023? The project has just launched its stake-to-bridge platform, enabling investors to secure early access before exchange listings. In this guide, we explain how to buy Sponge V2 tokens...
Central Bank of Brazil Opens Public Consultation on Virtual Assets Service Provider Rulemaking
19.12.2023
The Central Bank of Brazil opened a new public consultation to obtain feedback for regulating the operations of virtual assets service providers (VASPs) in the country. The bank organized a questionnaire of 38 questions divided into different themes that can be partially, or fully answered until...
Circle Launches EURC Stablecoin on Solana, Expanding Euro Access in the Crypto Space
19.12.2023
Expanding the global reach of euro-based stablecoins, Circle has debuted its EURC token on the Solana blockchain, offering a fully reserved, euro-backed digital asset. Circle Expands its Stablecoin Portfolio With EURC Launch on Solana, Boosting Euro Integration in Digital Finance Circle, a leading...
Coinbase Ending ‘Givecrypto’ Initiative — ‘We Were Unable to Create a Lasting Impact’
19.12.2023
Crypto exchange Coinbase is winding down Givecrypto, a nonprofit set up to provide crypto to those in need. “Over the years, Givecrypto distributed cryptocurrency to thousands of individuals in need,” Coinbase said. However, the exchange admitted: “We were unable to create lasting change purely...
Indian Government is Actively Collaborating With Crypto Industry: Liminal Custody’s Country Head
19.12.2023
Manhar Garegrat, Country Head Liminal Custory As we conclude 2023, the Indian and global crypto industry went through quite a few milestones in terms of regulatory developments. In an exclusive interview with CryptoNews, Manhar Garegrat, the Country Head for India and Global Partnerships of Liminal...
Solana Saga Phone Interest Soars Following BONK Meme Coin Surge
19.12.2023
Fueled by the explosive growth of the BONK meme coin, the Solana Saga phone’s market interest has soared, with units selling for up to $5,000 on Ebay, far exceeding its reduced price of $599 Saga Phone Resurgence: BONK’s Rise Turns Solana Device Into Hot Commodity The Solana Saga phone, once...
Survey: 4 in 5 Institutional Investors Agree Crypto Has Important Role in Global Financial Industry
19.12.2023
An institutional investor survey conducted by digital asset bank Sygnum indicates a shift from skepticism to advocacy, “with over 80% now agreeing that crypto has an important role to play in the global financial industry,” said the bank’s digital asset research manager. “It’s now truly...
South Korean City Busan Names Digital Exchange Preferred Bidder
19.12.2023
Source: SeongGyun/Adobe The South Korean city of Busan is edging closer to the launch of a long-awaited blockchain-powered digital assets trading platform, and has named a preferred bidder. The city has previously pledged to launch the world’s first city government-run exchange before the end...
SEC Expected to Approve Multiple Spot Bitcoin ETFs in One Day, Says Vanceck CEO
19.12.2023
The CEO of asset management firm Vaneck expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot bitcoin exchange-traded fund (ETF) applications in one day. “I very much expect it will be all in one day because that’s what happened with the ethereum...
Franklin Templeton’s Executive Expects All Nations to Hold Bitcoin — ‘Every Country Is Going to Have to Hold Some Reserves’
19.12.2023
An executive at trillion-dollar asset manager firm Franklin Templeton expects bitcoin to become “something that every treasury needs to hold.” She believes that “every country is going to have to hold some reserves,” emphasizing that the cryptocurrency is “working its way increasingly into...
Crypto Tax Planning: Merging Tax-Loss Harvesting With Charitable Giving
19.12.2023
As the year winds down, cryptocurrency investors can combine tax-loss harvesting with cryptocurrency donations to charities, a move that optimizes tax benefits while supporting worthy causes. Embrace Year-End Tax Strategy With Charitable Giving Twist As the end of the year rapidly approaches...
Small ESG-Focused Crypto Asset Manager Is Another Late Entrant to Bitcoin ETF Race
19.12.2023
A small ESG-focused crypto asset manager, 7RCC, is the latest applicant to join the race for a spot-bitcoin exchange traded fund (ETF), a filing with the Securities and Exchange Commission (SEC) shows
South Korean Analysts: Global Crypto Market Cap to Hit $5T in 2024
19.12.2023
Source: ArtDown/Adobe South Korean crypto market analysts think the worldwide crypto market cap could hit the $5 trillion mark in 2024 as global adoption continues. Per Hanguk Kyungjae, the claims were made in a report published by the Korbit Research Center, part of the Korbit crypto exchange...
Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin
19.12.2023
On Dec. 18, 2023, a colossal cache of dormant bitcoins stirred after remaining inactive for eight years and ten months. The whale transferred 2,101 bitcoins, originating from 2015, now valued at $88.55 million, utilizing the prevailing BTC exchange rates. $88M Worth of Bitcoin Moved by Long-Dormant...
Cipher Mining Enhances Bitcoin ASIC Fleet With 7.1 EH/s Bitmain Deal
18.12.2023
On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from Bitmain. The company invested in Bitmain’s T21 series miners, totaling a purchase price of $99.5 million. Cipher Mining’s Strategic $99.5 Million Investment in Next-Gen Bitmain...
Crypto Exchange Listing and Delisting Announcements: December 18, 2023
18.12.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Best Crypto to Buy Now December 18 – Astar, Stacks, Injective
18.12.2023
With major cryptos like Astar, Stacks, and Injective reaching new highs, overlooked tokens Bitcoin ETF and TG.Casino stand out as potentially the best crypto to buy now. Image by cryptonews.com. With the ASTR price surging over 136% shortly after its listing on Upbit, Stacks experiencing a surge...
Grayscale Clarifies Investor Tax Implications of a Cash-Created Spot Bitcoin ETF
18.12.2023
Grayscale, one of the biggest cryptocurrency asset management firms, has addressed the issue of taxation regarding the adoption of a cash creation model in an upcoming spot bitcoin exchange-traded fund (ETF). The firm clarified that “no spot Bitcoin ETF that qualifies as a grantor trust would...
Revolut Suspends Crypto Services for UK Business Clients Due to New FCA Rules
18.12.2023
Revolut has responded to the UK’s FCA crypto regulation changes by halting crypto purchases for Revolut Business users. Image by Armands photography, Adobe Stock. London-based digital bank Revolut announced on Monday that it will be suspending the ability for Revolut Business users...
Pro-Crypto Super PAC Fairshake Raises $78 Million Ahead of 2024 US Elections
18.12.2023
Source: Pixabay Fairshake has raised $78 million to support “pro-crypto” candidates in the forthcoming 2024 US elections. The political action committee announced in a press release published Monday that it had received donations from prominent crypto companies and individuals, including Coinbase...