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.
Tether Holdings Ltd., the world’s largest stablecoin issuer, is wrapping up 2024 with an impressive milestone: over $10 billion in net profits. CEO Paolo Ardoino shared the news in a recent interview, highlighting the growing demand for USDT. As Bitcoin and other cryptocurrencies hit record highs, USDT’s market capitalization grew
December 21, 2024 2 mins read
Social media discussions about “buying the dip” have surged to an eight-month high as Bitcoin’s price recently fell below $100,000. This decline sparked a wave of chatter among investors, with the social dominance score hitting its highest level since April. Despite the drop, search interest in crypto remains strong, signaling
December 20, 2024 2 mins read
Vivek Ramaswamy, co-leader of the U.S. Department of Government Efficiency (DOGE), had his X account hacked today. The incident confused and triggered a surge in the price of the USUAL stablecoin. The account posted a false claim about a partnership between DOGE and USUAL. BREAKING: Suspicions arise as Vivek Ramaswamy's
December 20, 2024 2 mins read
The United States Securities and Exchange Commission (SEC) has approved two groundbreaking crypto exchange-traded funds (ETFs). These include the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. The decision marks the first time ETFs combining spot Bitcoin and Ethereum have received regulatory clearance. SEC has *approved*
December 20, 2024 2 mins read
Craig Wright, an Australian computer scientist, has been sentenced to a one-year jail term suspended for two years by the High Court in London. Wright was found guilty of contempt of court for defying a previous order that barred him from pursuing legal claims related to his disputed identity as
December 20, 2024 2 mins read
Japanese investment firm Metaplanet expects to achieve its first consolidated operating profit since 2017. The Tokyo-based firm projects ¥890 million ($5.8 million) in revenue for the fiscal year ending December 31, 2024. This marks a 240% increase from the ¥261 million reported last year. Operating profit is anticipated to reach
December 18, 2024 2 mins read
The global crypto market cap dropped 3.18% to $3.63 trillion, highlighting a broad market downturn. However, the total crypto market volume surged 0.81% to $206.04 billion, indicating sustained trading activity. Bitcoin (BTC) dropped 3.4% in the past 24 hours, trading at $103,805.29 after hitting an all-time high of $108,268.45. The
December 18, 2024 2 mins read
The U.S. Senate Banking Committee has canceled its vote on SEC Commissioner Caroline Crenshaw’s renomination. This decision effectively ends her tenure at the regulatory agency. Scheduled for December 18, the vote was called off due to a lack of legislative floor time, as confirmed by a Senate aide. 🚨BREAKING: A
December 18, 2024 2 mins read
The U.S. Treasury Department, in coordination with the UAE, has imposed sanctions on two Chinese nationals and a UAE-based company for their involvement in laundering millions in cryptocurrency for North Korea. This action underscores the U.S. commitment to countering financial networks that support North Korea’s illicit activities. The Treasury’s Office
December 18, 2024 2 mins read
Chainlink (LINK) has dipped 6.03% in the last 24 hours, trading at $28.03. Its market cap stands at $17.76 billion, marking a 3.67% decline. Trading volume, however, rose slightly by 0.96% to $1.75 billion, with a market cap ratio of 9.91%. Despite recent integrations, LINK faces bearish sentiment amid broader
December 17, 2024 2 mins read
