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Bitcoin payments are being undermined by centralized stablecoins

The dream of a peer-to-peer electronic cash network has been realizedโ€ฆ but with centralized stablecoins based on USD, dammit.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Ethereum NFTs drive weekly volume to $304M, NFT promoters face fraud charges: Nifty Newsletter

Ethereum NFT collections surged, driving weekly sales volumes above $300 million.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Coffee goes onchain as Agridex settles first-ever transaction on Solana

Real-world asset tokenization could become a multitrillion-dollar industry by 2030, according to Boston Consulting Group.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Russian firms turn to Bitcoin, stablecoins for global trade amid sanctions

Russia is actively using Bitcoin and other cryptocurrencies to counteract the impact of Western sanctions on its economy,Reuters reported on Dec. 25. The report cited Finance Minister Anton Siluanov, who recently stated that Russian companies have begun to utilize digital currencies, particularly Bitcoin mined within the country, for international transactions. He reportedly said: โ€œAs part [โ€ฆ] The post Russian firms...

Published on: December 25, 2024 | Source: CryptoSlate favicon CryptoSlate

GGโ€™s 2024 Game of the Year: Off the Grid

Off the Grid forced the industry to take crypto gaming seriously after making a big splash in early access. Gunzilla shares what's next.

Published on: December 25, 2024 | Source: Decrypt favicon Decrypt

5 times crypto appeared in pop culture in 2024

Digital currencies took center stage as crypto continued to enter the realm of mainstream entertainment and political parlance.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Six Bitcoin funds set to debut in Israel following regulatory approval

On Dec. 31, Israelโ€™s asset managers will launch six mutual funds tracking Bitcoinโ€™s price movements.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Israeli firms set to introduce Bitcoin mutual funds, aligning with global crypto trends

Israel is set to introduce six Bitcoin-linked mutual funds on Dec. 31, marking a significant step in the countryโ€™s crypto investment landscape. local media outlets Calcalist and Globes reported.s The funds were introduced by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI. According to the report, the Israel Securities Authority (ISA) approved these [โ€ฆ] The post Israeli firms set to introduce...

Published on: December 25, 2024 | Source: CryptoSlate favicon CryptoSlate

A Very Bitcoin Christmas

Celebrate the season with a festive Bitcoin twist! From six-figure highs to institutional FOMO, "A Very Bitcoin Christmas" unwraps the magic of a holiday where hodlers thrive, adoption soars, and Santa's sleigh gets a bullish upgrade.

Published on: December 25, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

From DMM Bitcoin to the US Government: Largest Crypto Exploits and Hacks of 2024

The crypto industry may have matured this year, but hackers made off with billions by targeting a mix of DeFi projects and exchanges.

Published on: December 25, 2024 | Source: Decrypt favicon Decrypt

Russia is free to use Bitcoin in foreign trade, says finance minister

Russia has all legal tools to use digital financial assets and Bitcoin in foreign trade, Finance Minister Anton Siluanov said.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin options OI hits $44B as futures trading cools

The holiday spirit failed to bring any stability to the crypto market, with Bitcoin seeing its price drop from $97,300 on Dec. 22 to $94,800 on Dec. 24. Christmas Day saw a slight recovery, but Bitcoin consolidated back to $98,000 as it met significant resistance above $99,000. This price volatility was accompanied by equal volatility [โ€ฆ] The post Bitcoin options OI hits $44B as futures trading cools appeared first on...

Published on: December 25, 2024 | Source: CryptoSlate favicon CryptoSlate

Reversing the gender gap: Women who kicked ass in crypto in 2024

Crypto markets are booming and the sector is expanding as institutional adoption grows. Several women have been critical in reaching this milestone.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Ether ETFs surpass $2.5B as ETH positions for $3.5K breakout

Ether ETFs surpassed $2.5B in inflows, signaling optimism despite a 10% price drop and resistance at $3,500. Institutions like VanEck predict a $6,000 cycle top for Ether price during 2025.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

AI has had its Cambrian moment โ€” Blockchainโ€™s is yet to come

AI has experienced its Cambrian explosion, while blockchain technology remains in limbo.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin sees brief rebound to $99,000 on Christmas day

Bitcoin climbed past $99,000 on Christmas day, driven by renewed optimism that energized the market. According to CryptoSlateโ€™s data, the leading digital asset gained over 5% in the last 24 hours, recovering from a weekly low of $92,973. At the time of writing, Bitcoin was trading at $98,000, showing the rebound wasnโ€™t long-lived after days [โ€ฆ] The post Bitcoin sees brief rebound to $99,000 on Christmas day appeared...

Published on: December 25, 2024 | Source: CryptoSlate favicon CryptoSlate

Bitcoin analysts eye recovery to $105K, but ETF flows stagnate

Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin ETFs saw $338 million in outflows on Christmas Eve

US Bitcoin spot exchange-traded funds (ETFs) have faced four consecutive days of withdrawals, ending with notable outflows on Christmas Eve. Data from SoSovalue on Dec. 24 shows that ETFs saw recorded combined outflows of $338.4 million on Christmas Eve. BlackRockโ€™s iShares Bitcoin ETF led this decline, suffering its largest single-day outflow of $188.7 million. Fidelityโ€™s [โ€ฆ] The post Bitcoin ETFs saw $338 million in...

Published on: December 25, 2024 | Source: CryptoSlate favicon CryptoSlate

Turkey introduces stricter crypto AML regulations

The regulation is set for implementation on Feb. 25, 2025, allowing the countryโ€™s crypto service providers to halt โ€œriskyโ€ crypto transactions with insufficient user information.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin coils between key trend lines as $98K boosts 'Kimchi premium'

Bitcoin is becoming a firm "buy" for investors worldwide as bulls retain Christmas Eve gains.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Is it possible to travel the world using only stablecoins?

Explore the potential of traveling the world with stablecoins. Learn about benefits, hurdles and whether crypto can power your next adventure.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Montenegro court rejects Do Kwonโ€™s extradition appeal

Montenegroโ€™s Constitutional Court rejected Do Kwonโ€™s appeal, backing his extradition amid claims by the US and South Korea.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Over 30% of South Koreans invest in crypto assets

South Korea's crypto user base surged to 15.6 million in November, surpassing 30% of the population.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

7 Santas, 7 Grinches: The heroes and villains of 2024

From blockchain boosters to crypto critics, 2024 highlighted the champions and adversaries shaping the future of digital assets.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

BlackRockโ€™s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

BlackRock's Bitcoin ETF saw a record outflow on Christmas Eve amid a four-trading day outflow streak from US Bitcoin funds.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Memecoins take top spot for crypto investor interest in 2024: CoinGecko

Memecoin interest in 2024 was largely directed toward Solana-based tokens, followed by those on Coinbaseโ€™s blockchain Base, according to a CoinGecko study.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Little-known Canadian crypto firm Matador adds Bitcoin to its books

Canadian-based gold tokenization firm Matador Technologies wants to diversify away from Canadian dollars and is adding Bitcoin to its balance sheet.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Analyst โ€˜wouldnโ€™t be surprisedโ€™ if Ethereum outperforms Bitcoin in January

Ethereumโ€™s relative strength to Bitcoin may climb in January, which an analyst says might trigger an Ethereum โ€œaltcoin run.โ€

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

Hacker breaches 15 X accounts, nets $500K boosting bogus memecoins: ZachXBT

ZachXBT said a hacker had breached 15 crypto-focused X accounts to share scam memecoins that netted the attacker about $500,000.

Published on: December 25, 2024 | Source: Cointelegraph favicon Cointelegraph

MV Global predicts significant expansion for DeSci sector via utility memecoins

Decentralized Science (DeSci) is poised for remarkable growth in 2025, fueled by utility memecoins, according to a recent report by MV Global. DeSci involves integrating blockchain technology into scientific research. Its goal is to revolutionize the traditional scientific ecosystem by enhancing transparency, decentralization, and collaboration. The report highlighted that while such a concept is not [โ€ฆ] The post MV...

Published on: December 25, 2024 | Source: CryptoSlate favicon CryptoSlate

Gen Z crypto users surge following Trump victory in US elections โ€” Bitget

Bitget saw a 683% increase in Gen Z users in November, marking a shift in crypto demographics following Donald Trumpโ€™s presidential election victory. Gen Zโ€™s share of new users on the crypto exchange jumped from 26.2% in October to 53.8% by the end of November, reflecting heightened interest among younger investors. The surge coincided with [โ€ฆ] The post Gen Z crypto users surge following Trump victory in US elections โ€”...

Published on: December 24, 2024 | Source: CryptoSlate favicon CryptoSlate

Top 10 NFT collections outperform fungible tokens in weekly returns

Non-fungible tokens (NFTs) outperformed their fungible peers over the past seven days, with the 10 largest collections registering a 6.4% average gain in the period, according to price aggregator NFT Price Floor. Meanwhile, the fungible token sector registered an average performance of negative 8.6%, with only native tokens from centralized exchanges recording positive returns. Mixed [โ€ฆ] The post Top 10 NFT collections...

Published on: December 24, 2024 | Source: CryptoSlate favicon CryptoSlate

MicroStrategy calls shareholders meeting to fund more Bitcoin purchases

MicroStrategy submitted a proxy filing with the SEC seeking shareholder approval to boost its Bitcoin 21/21 Plan.

Published on: December 24, 2024 | Source: Cointelegraph favicon Cointelegraph

Aave and Lido surpass $70 billion in net deposits

Money market Aave and liquid staking protocol Lido surpassed $70 billion in net deposits in December for the first time, according to data from TokenTerminal. As of press time, the two largest DeFi protocols hold a total $67.42 billion. Aave leads with $34.3 billion in deposits, just $1.1 billion higher than Lidoโ€™s. The net deposits [โ€ฆ] The post Aave and Lido surpass $70 billion in net deposits appeared first on...

Published on: December 24, 2024 | Source: CryptoSlate favicon CryptoSlate

Why Ethereum maxis say ETH will be the โ€˜comeback kidโ€™ of 2025

Analysts and experts say AI agents, a swathe of major network upgrades, and regulatory improvements in the US are all things Ethereum fans can be excited about in 2025.

Published on: December 24, 2024 | Source: Cointelegraph favicon Cointelegraph