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Pentagon Responds to Unidentified Drones Flying Over New Jersey

Recent drone sightings above New Jersey have sparked UFO speculation as U.S. officials and Pentagon dismiss "mothership" claims.

Published on: December 12, 2024 | Source: Decrypt favicon Decrypt

Emerging markets lead crypto adoption, according to Consenys survey

According to a survey from blockchain firm Consensys, half of the population of Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Texas lawmaker proposes bill to establish strategic Bitcoin reserve

The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Ethereum supply squeeze and ETF demand set stage for $5,000 breakout

Ethereum (ETH) may be poised to break the $5,000 mark for the first time, according to blockchain analytics platform CryptoQuant. In its recent weekly report shared with CryptoSlate, the platform’s latest report highlights critical supply-demand trends and network conditions that could drive this upward momentum. Growing demand through spot ETFs Spot Ethereum ETFs have seen […] The post Ethereum supply squeeze and ETF...

Published on: December 12, 2024 | Source: CryptoSlate favicon CryptoSlate

Is $4.5K the next stop for Ethereum? — Why ETH price is up today

ETH price quickly rebounded from its $3,500 low. What role are DApps’ activity and investor price estimates playing in the recovery?

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Australia’s AMP fund invests $27M in Bitcoin: Report

Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Decrypt University to Relaunch Community With ‘Dynamic Utilities’ by Galaxis

Decrypt’s educational platform will relaunch in the new year with on-chain certification and dynamic utilities provided by Galaxis.

Published on: December 12, 2024 | Source: Decrypt favicon Decrypt

Building a DEX? Don’t bother starting without a security plan

Developers must prioritize user protection in the DeFi landscape.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Ethena’s USDe beats DAI to become 3rd-largest stablecoin

The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Microsoft may be open to Ethereum ETFs despite voting against Bitcoin reserves

Microsoft’s evolving interest in crypto investments has sparked speculation about the tech giant’s potential adoption of spot Ethereum (ETH) ETFs once they enable staking features. The discussion follows remarks made by Microsoft CFO Amy Hood during the company’s annual shareholder meeting. While shareholders overwhelmingly rejected a proposal to adopt Bitcoin (BTC) as a treasury asset, […] The post Microsoft may be...

Published on: December 12, 2024 | Source: CryptoSlate favicon CryptoSlate

Sweden’s Spotlight Stock Market adds 20 crypto ETPs by Valour

The Spotlight Stock Market offers traditional investors a total of 45 exchange-traded products to choose from.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Here's How Much Bitcoin You Should Have in Your Portfolio, According to BlackRock

BlackRock operates a massively successful Bitcoin ETF, but the asset manager still recommends being conservative with the cryptocurrency.

Published on: December 12, 2024 | Source: Decrypt favicon Decrypt

Texas State Rep Files For Strategic Bitcoin Reserve

Representative Giovanni Capriglione filed it live during a 𝕏 spaces.

Published on: December 12, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Avalanche raises $250M ahead of Avalanche9000 launch

The locked-token sale saw participation from more than 40 companies.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin bulls ignore PPI shock as whales fuel BTC price run to $102K

Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

AVAX rises 10% after Avalanche Foundation raises $250M in preparation for blockchain upgrade

The Avalanche Foundation announced raising $250 million through a private token sale to support its blockchain platform, according to a Dec. 12 statement. The funding round had around 40 participants, including leading firms such as Galaxy Digital, Dragonfly, and ParaFi Capital. The announcement spurred a 10% surge in Avalanche’s AVAX token, pushing its price to […] The post AVAX rises 10% after Avalanche Foundation...

Published on: December 12, 2024 | Source: CryptoSlate favicon CryptoSlate

Grayscale launches Lido, Optimism investment funds

The new funds add to Grayscale’s expanding suite of single-asset crypto products.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Mark Cuban educates comedian Jon Stewart on crypto

“I feel like this is turning into ‘Digital Currency for Dummies,‘” Jon Stewart said to the billionaire during an interview on his weekly podcast.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Disintermediation can lower cost of tokenized bonds — Moody's analyst

Bond issuers were promised lower costs through blockchain tokenization, but recent trials from the ECB revealed a higher price tag.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Texas Legislator Introduces Bill to Establish Bitcoin Strategic Reserve

The bill aims to establish a strategic Bitcoin reserve in the state of Texas, mirroring efforts on the national level in the United States.

Published on: December 12, 2024 | Source: Decrypt favicon Decrypt

Former Grayscale CEO Michael Sonnenshein joins Securitize as COO

Sonnenshein joined Securitize nearly seven months after leaving Grayscale.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Binance dominates 2024 with $21.6 billion deposits and record 250 million users

Binance has cemented its position as the leading crypto exchange by reporting customer deposits totaling $21.6 billion in 2024, according to a Dec. 12 report. This achievement places Binance significantly ahead of its competition, with data from DeFi Llama revealing that the exchange’s deposits surpass the combined total of the next ten largest exchanges tracked […] The post Binance dominates 2024 with $21.6 billion...

Published on: December 12, 2024 | Source: CryptoSlate favicon CryptoSlate

Trump reaffirms plans to do ‘something great with crypto’ under new administration

Donald Trump signaled plans for crypto reserve during remarks to Jim Cramer at the New York Stock Exchange. He indicated a goal to position the United States ahead of other nations, naming China as a point of reference. He described the need for substantial power generation to support related infrastructure and mentioned Lee Zeldin as […] The post Trump reaffirms plans to do ‘something great with crypto’ under new...

Published on: December 12, 2024 | Source: CryptoSlate favicon CryptoSlate

Mass, Synthetix to launch mobile DeFi perps trading app

The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Avalanche Raises $250 Million in Token Sale Ahead of Major Network Upgrade

More than 40 venture capital firms pitched in to help Avalanche Foundation raise $250 million ahead of its major "9,000" network upgrade.

Published on: December 12, 2024 | Source: Decrypt favicon Decrypt

Can Realized Cap HODL Waves Identify The Next Bitcoin Price Peak?

The Realized Cap HODL Waves chart highlights how Bitcoin's market cycles align with shifts in investor behavior. With short-term holders currently at ~55% of total realized value, the data suggests significant upside potential before the market overheats near 80%.

Published on: December 12, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

How Shibtoshi gambled 37 ETH and became a Shiba Inu billionaire

Shiba Inu whale Shibtoshi reveals how he gets around paying big capital gains tax bills, and that time he accidentally coded up a honeypot.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

The Sandbox Awards ‘Kick it Up a Notch’ With 2024’s Winners

With 20 categories, the 2024 edition of the metaverse platform’s awards is the biggest yet. Find out who won here!

Published on: December 12, 2024 | Source: Decrypt favicon Decrypt

Australia’s ASIC fines Kraken operator Bit Trade $5M for regulatory breaches

The Australian Securities and Investments Commission (ASIC) has fined Bit Trade—the operator behind the Kraken exchange—$5 million for unlawfully issuing a credit facility, according to a Dec. 12 statement. The penalty follows a federal court ruling that found the company in breach of regulatory obligations. Per the statement, Bit Trade offered a “margin extension” product […] The post Australia’s ASIC fines Kraken...

Published on: December 12, 2024 | Source: CryptoSlate favicon CryptoSlate

BlackRock recommends 2% starting allocation to Bitcoin in investment portfolios

According to a paper released Dec. 12, BlackRock suggests that a 1% to 2% Bitcoin allocation in multi-asset portfolios matches the risk levels found in portfolios holding technology stocks. The asset manager, which oversees trillions of dollars, frames this range as a strategic starting point for investors seeking diverse sources of risk. Bitcoin is proposed […] The post BlackRock recommends 2% starting allocation to...

Published on: December 12, 2024 | Source: CryptoSlate favicon CryptoSlate

Ukraine set to legalize crypto by 2025 under strict regulations

Ukraine plans to legalize cryptocurrencies by early 2025, applying standard taxation rules without offering tax incentives.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

Coinbase prepares to delist Tether’s USDT stablecoin in Europe

Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

NFTs will be ‘even bigger’ than they were in 2021 — Animoca’s Yat Siu

Animoca Brands’ Yat Siu told Cointelegraph that NFTs can be considered an investment in one’s reputation, similar to a Picasso artwork.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph

VanEck-Backed Superform Launches DeFi Product for 'Intelligent' USDC Yield

Superform, backed by Circle and VanEck, has launched a product that automatically finds yield opportunities in DeFi.

Published on: December 12, 2024 | Source: Decrypt favicon Decrypt

DeFi rug pull surge reveals more complex crypto scam strategies

A look at the dark side of rug pulls and the complex manipulation strategies pervading them.

Published on: December 12, 2024 | Source: Cointelegraph favicon Cointelegraph