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Synthetix launches multi-collateral perps on Base amid revamp

The DeFi protocol also launched an in-house perpetuals trading app.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Coinbase Can Delist Wrapped Bitcoin Amid BiT Global Challenge, Judge Rules

A federal judge denied BiT Global’s request for a temporary restraining order, allowing Coinbase to delist WBTC, or Wrapped Bitcoin.

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain

Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Alleged SEC hacker allowed to travel for the holidays

A federal judge has given Eric Council Jr., who pleaded not guilty to compromising the SEC’s X account, permission to travel to North Carolina between Dec. 23 and 29.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut

Bitcoin (BTC) fell to a low of $100,300 following hawkish comments by Fed chair Jerome Powell during the Federal Open Market Committee’s (FOMC) Markets retreated lower despite the expected 25 basis point cut in the US interest rate, bringing the rate tothe 4.5% to 4.75% range. Bitcoin was trading at $100,740 as of press time, […] The post Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut appeared...

Published on: December 18, 2024 | Source: CryptoSlate favicon CryptoSlate

Bitcoin, XRP and Dogecoin Fall Fast After Federal Reserve Cuts Rates

Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt

Ledn co-founder shares how crypto startups can avoid debanking

Crypto founders have reported losing business accounts, with personal accounts also subject to debanking.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Anti-Crypto SEC Commissioner Crenshaw Likely Out After Reconfirmation Vote Axed

Crypto industry supporters called for lawmakers to block attempts to keep β€œanti-crypto” commissioner Caroline Crenshaw at the SEC.

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt

Judge won’t block Coinbase from delisting wBTC over Justin Sun claims

Coinbase will likely be able to move forward with its intention to suspend wBTC trading on Dec. 19 following a challenge in federal court.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Grayscale’s Bitcoin Mini Trust ETF tops $1B in net inflows

The ETF, which Grayscale spun off from its older Grayscale Bitcoin Trust, now holds around $4 billion in assets.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Double-digit drop in Bitcoin profit-taking metric hints it’s β€˜ready’ to rally β€” Analyst

Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Self Custody For Me, But Not For Thee

A counter argument to the attitude that most people will never even consider self custody of their bitcoin.

Published on: December 18, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Delhi High Court orders new probe into WazirX amid Binance delisting

Indian crypto exchange WazirX faces mounting challenges after the Delhi High Court ordered a fresh investigation into the platform on Dec. 18 β€” the same day Binance announced it would delist the exchange’s native token WRX. The probe, spurred by allegations of a prior hack and concerns over financial irregularities, signals intensifying scrutiny on the […] The post Delhi High Court orders new probe into WazirX amid...

Published on: December 18, 2024 | Source: CryptoSlate favicon CryptoSlate

OpenSea token airdrop rumors, CyberKongz on SEC radar: Nifty Newsletter

OpenSea told Cointelegraph that the foundation in the Cayman Islands was a registered entity.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitwise Launches Solana Staking Product in Germany as US ETF Hopes Grow

Crypto asset manager Bitwise has launched a Solana staking ETP in Germany while American investors await the U.S. equivalent.

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt

Bitcoin in β€˜dip-buying mood’ as BTC price skirts $105K into FOMC

Bitcoin sees classic BTC price sell-side pressure into the Federal Reserve’s next key decision on interest rates.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Ethena Labs introduces sUSDe as collateral for Trump-backed WLFI protocol

Ethena Labs proposed integrating its synthetic stablecoin, sUSDe, into World Liberty Financial (WLFI) on Dec. 18. The proposal stated that this partnership would boost capital efficiency and liquidity in WLFI’s new Aave instance. The protocol is a credit market backed by President-elect Donald Trump’s family. The partnership comes as part of Ethena’s broader mission to […] The post Ethena Labs introduces sUSDe as...

Published on: December 18, 2024 | Source: CryptoSlate favicon CryptoSlate

'Christmas Tree' Funding Bill in Congress Includes Gifts for Crypto Industry

A crypto-related measure is tucked within a 1,547-page stopgap bill to keep the U.S. government funded into 2025. Here's what it would do.

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt

Ethena Labs partners with Trump’s World Liberty Financial

The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Avara founder backs proposal to offboard Polygon markets from Aave

The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

4 more virtual asset trading platforms licensed in Hong Kong

Cryptocurrency traders in Hong Kong now have a choice of seven platforms for buying and selling four cryptocurrencies.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Europol Seizes $26 Million in Crypto From 9 Drug Traffickers

When contacted by Decrypt, Europol explained that it is β€œnot authorised to disclose any more details.”

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt

Price analysis 12/18: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, SHIB

Bitcoin’s pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

South Korean prosecutors seek 6 months for lawmaker who allegedly hid crypto

National Assembly member Kim Nam-kuk left South Korea’s Democratic Party in 2023 after allegations of cashing out $4 million in crypto holdings.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Solana surpasses rivals with record-breaking 66.9 million daily transactions

Solana (SOL) has solidified its position as a leading blockchain, setting a new milestone with unmatched network activity over the past day. According to Artemis data, the network processed an impressive 66.9 million transactions on Dec. 17. This achievement illustrates its growing popularity and efficiency. This surge positioned Solana far ahead of its peers, with […] The post Solana surpasses rivals with...

Published on: December 18, 2024 | Source: CryptoSlate favicon CryptoSlate

'Farm Frens' Telegram Game Plots Token Launch and Airdrop for January

The creator of Farm Frens and Everseed announced that its token airdrop on Ethereum layer-2 network Base is right around the corner.

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt

What is the Bitcoin Puell Multiple Indicator and How Does It Work?

The Puell Multiple is a powerful tool for Bitcoin investors, analyzing miner revenues to identify potential market tops and bottoms. Here’s how to read itβ€”and what it’s signaling today.

Published on: December 18, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

BlackRock’s New Bitcoin Ad Is A Monumental Paradigm Shift

The overton window has officially shifted and Bitcoin is going mainstream.

Published on: December 18, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Ethereum ETF Hot Steak Continues Amid Trump Regulatory Optimism

Both Bitcoin and Ethereum ETFs are riding weekslong streaks of positive flows, with ETH fortunes rising ahead of the new U.S. admin.

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt

Plume Network secures $20M for tokenization platform

Investors in the round include Brevan Howard Digital, Haun Ventures, Lightspeed Faction and Galaxy Ventures.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

HashKey Group launches Ethereum layer-2 HashKey Chain mainnet

The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

Hong Kong approves 4 new crypto trading platform licenses in regulatory push

Hong Kong’s Securities and Futures Commission (SFC) has issued licenses to four virtual asset trading platforms (VATPs), marking another step in its fast-tracked regulatory framework, according to a Dec. 18 statement. The licensed platforms include Accumulus GBA Technology Ltd, DFX Labs Company Ltd, Hong Kong Digital Asset EX Limited, and Thousand Whales Technology (BVI) Ltd. […] The post Hong Kong approves 4 new...

Published on: December 18, 2024 | Source: CryptoSlate favicon CryptoSlate

5 real use cases for useless memecoins

Memecoins are criticized for being useless, despite being heaps of fun and a path to riches. Here are the 5 real uses for useless memecoins.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

What will the Bitcoin price be in 2025 and 2045?

Daniele Bernardi shares key insights into the future price of Bitcoin.

Published on: December 18, 2024 | Source: Cointelegraph favicon Cointelegraph

'All Gas No Brakes': Fartcoin Keeps Rising as Dogecoin Sinks to Weekly Low

Fartcoin continued its explosive ascent Wednesday, reaching a new all-time high price while Dogecoin and other meme coins slump.

Published on: December 18, 2024 | Source: Decrypt favicon Decrypt