Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
Telegram has reached profitability for the first time, marking a pivotal moment in its business journey. The social media platform announced total revenue exceeding $1 billion in 2024, with over $500 million in cash reserves, excluding crypto assets. Founder Pavel Durov highlighted the platform’s strong performance in a recent post.
December 23, 2024 1 min read
Phoenix Group, the UAE’s first cryptocurrency company on the Abu Dhabi Securities Exchange (ADX), has announced plans for a dual listing on Nasdaq in 2025. This strategic move aims to enhance the company’s international market presence and strengthen its position as a global leader in blockchain and cryptocurrency. Founded in
December 23, 2024 2 mins read
Japanese investment firm Metaplanet has made headlines with its largest Bitcoin purchase to date. The Tokyo-listed company acquired 619.7 BTC for ¥9.5 billion ($60.6 million), bringing its total holdings to 1,761.98 BTC. This latest purchase comes amid a dip in Bitcoin prices, with Metaplanet paying an average price of approximately
December 23, 2024 2 mins read
Donald Trump has chosen Bo Hines, a former college football player and Republican political candidate, to lead his newly created Crypto Council. Hines will take on the role of executive director for the Presidential Council of Advisers for Digital Assets, an initiative to support the growth of the cryptocurrency industry.
December 23, 2024 2 mins read
FTT token has surged by 8% in the last 24 hours, topping the gainers list. It is currently trading at $2.96, marking a 7.72% increase in one day. The token’s market capitalization has reached $972.99 million, reflecting a 7.66% growth. The 24-hour trading volume stands at $45.33 million, with an
December 22, 2024 2 mins read
MicroStrategy, led by Bitcoin advocate Michael Saylor, has brought three new members onto its board of directors. Former Binance.US CEO Brian Brooks, Jane Dietze, and Gregg Winiarski joined the board on December 20, as revealed in a recent SEC filing. This expansion brings the total number of board members to
December 22, 2024 2 mins read
Hyperliquid (HYPE) recently achieved a new all-time high of $35.02. It is currently trading at $33.36, reflecting a 1.17% gain over the last 24 hours. With a market cap of $9.03 billion and a trading volume of $462.02 million (up 27.96%), the token’s volume-to-market cap ratio stands at an impressive
December 22, 2024 2 mins read
The U.S. Securities and Exchange Commission (SEC) has fined Tai Mo Shan Ltd., a subsidiary of Jump Crypto, $123 million for misleading investors about TerraUSD’s stability. TerraUSD, an algorithmic stablecoin issued by Terraform Labs, collapsed in May 2022, wiping out $40 billion in investor assets. Tai Mo Shan’s actions during
December 22, 2024 2 mins read
The Nexo 7RCC Spot Bitcoin and Carbon Credit Futures ETF is set to launch soon, following its S-1 amendment submission. Nate Geraci, President of The ETF Store, announced the development on December 21 via social media. This innovative ETF combines 80% Bitcoin and 20% carbon credit futures. It aims to
December 21, 2024 2 mins read
Google has updated its financial products and services policy to address cryptocurrency-related advertising in the United Kingdom. Starting January 15, 2025, advertisers must meet strict requirements to promote crypto products on the platform. The update mandates that UK advertisers offering cryptocurrency exchanges or software wallets must register with the Financial
December 21, 2024 2 mins read
