As Bitcoin surged past $97.5K, meme coin FLOKI made its mark with a 7% rise in the last 24 hours, reaching a six-month high of $0.0002900 before a slight retreat to $0.0002582. Its trading volume soared by 135%, and the token has gained 10% over the past week and 61.78%
South Korea’s ruling Democratic Party of Korea (DPK) plans to proceed with the implementation of a cryptocurrency gains tax from January 2025, following delays due to resistance from investors and industry stakeholders. The Seoul Shinmun reported Wednesday that the DPK remains committed to enforcing the tax despite earlier discussions about
This week, the crypto market has prolonged its weekend slump not showing much action in prices. Meanwhile, a shift in focus from cryptocurrency in the regulatory sector has further contributed to this slump. On the other hand, in the past day, Trump’s considering Teresa Goody Guillén has received market interest.
Ethereum (ETH) continues to grapple with resistance levels while Bitcoin (BTC) surpasses expectations, recently hitting $93,905. Ethereum, on the other hand, has failed to break above $3,300. It is currently trading at $3,110, down 0.79% in the past 24 hours. Its trading volume has also dropped by 23%, signaling weak
With a total supply of almost $176.2 billion, stablecoins are at an all-time high. Token Terminal data shows that stablecoin supply has been rising again after a dip in the middle of 2022 and the beginning of 2023. When it probably reflected wider market retracements during the crypto winter. There
To enhance supply chain procedures and cross-border agricultural commodity transactions, the second phase of the Drex central bank digital currency (CBDC) pilot was established by Brazil’s central bank, Banco Central do Brasil (BCB). Moreover, in the second stage, it will employ blockchain and oracles to create a trade financing solution.
The altcoin market saw remarkable growth this month, with SOL, XRP, ADA, PEPE, and FLOKI surging in double-digit returns. Consequently, the anticipation of the altcoin season mounts. ETH’s surge might be the missing piece to solidify the altcoin market rally. The largest altcoin, Ethereum (ETH) has stalled behind other major
Floki, a leading dog-themed meme cryptocurrency, has launched an extensive marketing campaign in Delhi NCR, India, to promote its Play-to-Earn MMORPG game, Valhalla. The campaign, which began on November 18, aims to generate significant awareness among the region’s bustling population, targeting professionals, tourists, and daily commuters across major commercial and
The Asian crypto sector has shown increased activity in the past day. According to reports, crypto mining firm BIT Mining was charged a penalty fee of $10 million for bribery by the Japanese government. Meanwhile, the crypto market has entered a brief consolidation as prices have not shown significant movements
The Financial Intelligence Unit (FIU) of Nepal has discovered that, despite a government prohibition on trading digital assets, cryptocurrencies are extensively used to plan cyber-related scams. Money laundering, terrorism funding, and other forms of financial crime are closely monitored and combated by the Financial Intelligence Unit (FIU). The FIU is
