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Crypto Expert Chosen by Erdogan for Turkey’s Central Bank Board
24.12.2023
Image Source: Pixabay Turkey President Recep Tayyip Erdoğan has appointed professor Fatma Ozkul, an expert in crypto assets and blockchain technology, to the central bank’s rate-setting committee. According to a recent report from Bloomberg, the nomination of Ozkul was announced in a decree...
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
20.12.2023
Although bitcoin’s price hasn’t eclipsed its historic peak, this year the network has shattered multiple records. These include reaching the highest level of difficulty, achieving an all-time high in total hashrate, and setting a new record for daily confirmed transactions. In 2023...
UK Treasury Unveils Regulatory Framework for Digital Securities Sandbox
19.12.2023
Source: Pixabay The UK Treasury has revealed its regulatory framework for a Digital Securities Sandbox under the Financial Services and Markets Act. In a memo published on Monday, the UK Treasury explained that the purpose of these regulations is to establish a regulated setting, enabling both...
Solana Rally Sees FTX's Holdings Grow to $3.3B, Setting Claims Market on Fire
15.12.2023
Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin to Surpass $80,000, Spot Bitcoin ETFs Could Capture $72 Billion
15.12.2023
Crypto asset manager Bitwise has unveiled 10 crypto predictions for 2024 that include bitcoin trading over $80,000, setting a new all-time high. The firm also estimates that spot bitcoin exchange-traded funds (ETFs) could capture $72 billion in assets under management. In addition, the asset...
Best Crypto to Buy Now December 13 – Fetch.ai, NEO, Cosmos
13.12.2023
Technical indicators for major cryptocurrencies suggest NEO and Fetch.ai could continue bullish runs, while Cosmos confronts near-term resistance. Here are some of the best crypto to buy now. Image by cryptonews.com. Fetch.ai’s FET price has spiked above $0.65, setting a new 2023 high...
Large Transactions and Tokenization Drive AVAX Growth Above 82% in Seven Days
12.12.2023
Source / Sam Cooling x ArtificialArtist The cryptocurrency market continues to experience rapid price surges and slight corrections in recent weeks setting the tone for more decentralized finance (DeFi) transactions as the market rebounds. Among altcoins, Avalanche (AVAX) maintains its bullish...
Judge Greenlights Plea Deal in High-Profile Binance Case; CZ Faces Sentencing in 2024
7.12.2023
A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for February 2024. U.S. Federal Judge Confirms...
This Altcoin is a Must-Have on Your Watchlist For the December Bull Run – Here’s Why
7.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. December is predicted to be a spectacular month for the crypto market. The growing optimism among investors is evident, and according to industry analysts, the market is setting the stage for...
GTA VI Will Be The Most Florida-Ass Game Ever
5.12.2023
GTA VI’s bombastic trailer may have only been a minute and a half long, but for that brief period of time I felt like I was in Florida, sweating in a sun-soaked swamp, interacting with its daft denizens, slapping mosquitos off my ankles with a paper fan. GTA VI is set in the fictional state...
Bitcoin Hits Second-Highest Transaction Day Amid Price Surge, Record Influx of Ordinal Inscriptions
4.12.2023
Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin miners validated 710,579 transactions. On Sunday...
Bitcoin crosses $40,000, setting stage for a potential run to $100,000
4.12.2023
Bitcoin ended the previous week at $40,210. Moving above the $40k mark was inevitable. What comes as a surprise is that it has recovered pretty quickly from the crypto winter. Another aspect contributing to the leading cryptocurrency’s growth is anticipation about the Spot Bitcoin ETF....
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
3.12.2023
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners within the year. Bitcoin Mining Fees Soar...
GHO Stablecoin Hits $0.98 Target as Strategic Initiatives Spearhead Turnaround
2.12.2023
Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent weeks, the Liquidity Committee of the project undertook efforts to rectify this...
Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco
1.12.2023
Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF)
Moons Decentralized: Reddit Officially Renounces Moons Contract
1.12.2023
Source: r/CryptoCurrency Reddit has officially renounced the contract of its cryptocurrency Moons, setting a milestone completing the decentralization of the token. The Reddit administrators published a post in the “r/CryptoCurrency” community, confirming that the renouncement of the Moons contract...
Analysts Set New Potential Window for Spot Bitcoin ETF Approval
1.12.2023
Source: Adobe Stock Analysts are now eyeing a potential window for the approval of Spot Bitcoin exchange-traded funds (ETFs), setting the time frame between January 5 and 10, 2024. Previous deadline of November 17 by analysts passed without any discernible action from the Securities and Exchange...
Ripple (XRP) Sets $1 as Next Price Target While Meme Moguls Pioneers the First Meme-Backed Stock Exchange
29.11.2023
Ripple (XRP) continues its upward trajectory, setting its sights on $1 next. Meanwhile, innovative projects continue to emerge from the crypto landscape, with the latest being Meme Moguls (MGLS). Continue reading to learn more about Ripple price prediction and this novel concept. Ripple (XRP):...
Bitcoin’s Mining Difficulty Hits Record High With Sixth Consecutive Rise
26.11.2023
On November 25, 2023, the Bitcoin network marked its sixth consecutive difficulty rise, reaching a new peak at block 818,496. The difficulty soared by 5.07%, setting a record high of 67.96 trillion, a level that will persist until the next adjustment on December 9, 2023. Bitcoin’s Difficulty...
Setting new standards for crypto exchanges in the post-FTX era: Report
22.11.2023
In an industry that is growing increasingly wary of financial malpractice, which exchange is the most trustworthy?