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Search Results for: crypto market

Chainlink’s CCIP v1.5 Launch Brings Enhanced Cross-Chain Integration Despite Market Headwinds

The cryptocurrency market has responded positively to Chainlink’s latest technological advancement, with its native LINK token recording a 7% gain. However, this uptick comes against the backdrop of significant price corrections throughout December, raising questions about the immediate market impact of infrastructure improvements. Chainlink Technical Evolution Chainlink’s deployment of CCIP

January 16, 2025 1 min read

US Senate Banking Committee Chair Backs Crypto Regulation as Priority

In January 2025, with the Republican Party securing a majority in the U.S. Senate, Senator Tim Scott of South Carolina assumed the chairmanship of the Senate Banking Committee. Senator Scott has identified the establishment of a regulatory framework for digital assets as a key priority for the 119th Congress. Under

January 16, 2025 2 mins read

US CPI Data Drives Bitcoin Surge, Market Eyes Upcoming Fed Moves

The release of the December 2024 US Consumer Price Index (CPI) data has sparked significant attention in both economic and crypto markets. The CPI revealed a 2.9% annual inflation rate, reflecting a 0.2% increase from November’s 2.7%. This marks the third consecutive monthly rise, aligning with market expectations. Notably, Bitcoin

January 15, 2025 1 min read

Unlock the Power of Passive Income: The Top 5 Crypto Staking Platforms of 2025

Crypto staking is revolutionizing the way investors earn passive income in the digital asset space. By staking cryptocurrencies, users can enjoy the highest APY crypto staking while contributing to the security of blockchain networks. Although there are countless crypto staking platforms, selecting the best platform to maximize your earnings will

January 15, 2025 6 mins read

NFT Market Hit Three-year Low in Trading and Sales, Says DappRadar

After 2021 remaining as the year of NFTs in the history of crypto, the NFT industry hasn’t yet reclaimed its position completely. However, NFT collections such as Pudgy Penguins made news by the end of 2024 with their increasing demand and value. At one point, the floor price of Pudgy

January 15, 2025 2 mins read

Thailand Proposes Ban on Polymarket to Combat Illegal Gambling Risks

Thailand’s cybercrime authorities plan to propose banning Polymarket. The decentralized prediction marketplace facilitates betting on global events using cryptocurrencies. Authorities believe this may qualify as illegal online gambling under Thai law. At a press briefing on Tuesday, Thailand’s cybercrime investigation bureau emphasized the urgency of restricting Polymarket. Officials stated the

January 15, 2025 2 mins read

Unich Pre-Market Officially Launches Mainnet – Web3 Breakthrough with a $500 Million UN Airdrop

The pre-market is leading the trend in 2025, and Unich is launching a decentralized pre-market platform to allow investors to seize early trading opportunities for promising projects. Pre-Market Potential The crypto pre-market is attracting significant attention, with successful projects like Pudgy Penguins, Usual Protocol, Magic Eden, Ethena, and Hamster Kombat

January 15, 2025 4 mins read

South Korea Moves Closer to Approving Corporate Crypto Accounts

South Korea Financial Services Commission (FSC) has taken a cautious approach to enabling corporate cryptocurrency trading accounts, deferring a decision for further discussion. The stance was outlined during the second Virtual Asset Committee meeting on January 15, as reported by the Korea Times. FSC Vice Chairman Kim So-young stated that

January 15, 2025 2 mins read