Explore the 2024 crypto market with key trends, price highlights, and predictions. Discover milestones shaping the future of cryptocurrency this year.
The crypto market has relented into mindblowing joy as Bitcoin, the largest cryptocurrency hits the most awaited milestone. The cryptocurrency, making true predictions of market experts, hit $100,000,000 a few hours ago. With this at the forefront, other sectors have also turned their primal focus towards market activity today. Notably,
XRP has surged to $2.71, recording an 11.33% increase in the past 24 hours. Its market capitalization crossed $156.25 billion, climbing 11.74% during this period. The token’s 24-hour trading volume soared by 62.91% to $44.64 billion, representing a market cap ratio of 28.99%. This rise positions XRP as a dominant
President-elect Donald Trump is reportedly considering Teresa Goody Guillén, a seasoned securities attorney and blockchain expert, to chair the U.S. Securities and Exchange Commission (SEC). Goody Guillén, a partner at BakerHostetler and co-lead of its blockchain team, has significant experience in securities law and blockchain advocacy. A crypto lawyer running
Ripple CEO Brad Garlinghouse has made it clear that Ripple will fight the U.S. Securities and Exchange Commission’s (SEC) appeal for as long as necessary. The SEC is appealing a court decision from July that ruled XRP’s programmatic sales were not securities. This ruling had been a partial win for
Founder and former CEO of Binance, Changpeng Zhao is banned from Binance. The company has given him a lifetime suspension. Axiospro report states that he is forbidden to restrict him from returning to his leadership position at Binance. He is banned for life from the leadership under a deal with
Binance, one of the world’s largest cryptocurrency exchanges, is back on the Google Play Store and Apple App Store in India after a seven-month ban imposed by local authorities for operating “illegally” in the country. This comes after the exchange fulfilled its compliance requirements by registering with India’s Financial Intelligence
At the Bitcoin 2024 Conference, industry experts and US lawmakers expressed their future intuitions of the crypto market, highlighting its potential for substantial growth. Amid the pro-crypto scenario, the University of Wyoming (UW) has announced the establishment of its Bitcoin Research Institute (BRI) at this crucial event in Nashville on
In the budget meeting for the fiscal year 2024-2025, India’s Finance Minister Nirmala Sitharaman upheld the existing tax regulations on cryptocurrencies, leaving the controversial tax-deducted-at-source (TDS) rate at 1% unchanged. This decision follows a significant urge from the crypto sector, which had asked for a reduction of the TDS to
Web3 security firm Cyvers has detected multiple suspicious transactions involving prominent Indian exchange WazirX’s Safe Multisig wallet on Ethereum. According to an X post, it is believed that $234.9 million of funds in the Multisig have been moved to a new address. Each transaction’s caller was funded by Tornado Cash,
Changpeng Zhao (CZ), the former CEO of Binance, pled guilty to charges of money laundering and was sentenced to four months in jail on Tuesday in Seattle. In his statement to the sentencing judge on Tuesday, Zhao expressed regret and a desire to own up to his “mistakes.” The Verge
