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Peanut the Squirrel Meme Coin Jumps on Coinbase Plans as Gigachad Hits All-Time High

A meme coin based on the internet-famous squirrel Peanut is surging Wednesday after Coinbase revealed plans to list it for trading.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

Why and How to Backup Your Bitcoin

A look at bitcoin backups, why they are important, and how to manage them.

Published on: December 11, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Alabama should establish Bitcoin reserve, says state auditor

An official in the US state of Alabama produced a litany of benefits a state Bitcoin reserve could bring.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Fire Brigades Association becomes first Kenyan labor union to hold BTC

The unionโ€™s adoption was facilitated by a โ€œget off zeroโ€ donation and partnership with Proof of Workforce.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

US Dems choose leadership for committees crucial to crypto policy

Republican lawmakers are also expected to choose leadership roles for Senate and House committees soon.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Ubisoft Sets Launch for โ€˜Captain Laserhawkโ€™ Game as Free NFT Mint Begins

Captain Laserhawk: The G.A.M.E. will launch on Ethereum layer-2 Arbitrum next week, with a free NFT mint on Magic Eden starting today.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

Beam Foundation to debut $150M gaming fund in Abu Dhabi

Beam Ventures will launch in 2025, providing funding and acceleration for blockchain gaming startups in the United Arab Emirates.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Ray Dalio Prefers Bitcoin Over Bonds

Ray Dalio says he prefers bitcoin and gold over bonds amid rising global debt levels, signaling growing institutional endorsement of bitcoin as a safe haven asset.

Published on: December 11, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

SEC advances NYSEโ€™s filing to list Bitwise Bitcoin and Ethereum ETF

The US financial regulator is soliciting comments on NYSEโ€™s application to list Bitwiseโ€™s cryptocurrency index ETF.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Decryptโ€™s 2024 Story of the Year: How Crypto Money Changed American Politics

This year, a handful of crypto executives revolutionized how corporations spend on elections. The effects of their triumph could extend well beyond crypto.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam

The U.S. Securities and Exchange Commission charged three individuals on Dec. 11 with impersonating securities brokers and investment advisers to execute a scheme involving digital assets. The complaint names three Nigerian nationals and alleges that their actions diverted more than $2.9 million from at least 28 investors by directing them toward fraudulent platforms, then instructing [โ€ฆ] The post SEC charges three...

Published on: December 11, 2024 | Source: CryptoSlate favicon CryptoSlate

MicroStrategy expected to crack Nasdaq 100 โ€” Bloomberg Intelligence

Bloomberg Intelligence expects MicroStrategyโ€™s stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Democratโ€™s increase opposition to partyโ€™s anti-crypto position calling Bitcoin โ€˜the futureโ€™ of value

Democrat Ro Khanna, on a panel at Bitcoin MENA 2024, said being against Bitcoin is akin to rejecting other widely adopted technologies. He said Bitcoin represents freedom and cannot be ignored by a party claiming to champion the future. He noted that in places under authoritarian rule or experiencing rapid inflation, Bitcoin can serve as [โ€ฆ] The post Democratโ€™s increase opposition to partyโ€™s anti-crypto position...

Published on: December 11, 2024 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Bounces Back Above $100K as XRP, Dogecoin and Solana Rebound

Bitcoin rose back above $100,000 per coin Wednesday after U.S. inflation data matched expectations, with other top coins also popping.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto exchange

Coincheck Group, the parent company of the Coincheck crypto exchange, begins trading on the Nasdaq stock exchange on Dec. 11. This milestone follows the completion of a merger with Thunder Bridge Capital, finalized earlier this month. Both companiesannounced on Dec. 10 that Thunder Bridge shareholders approved the merger during a special meeting on Dec. 5 [โ€ฆ] The post Coincheck crypto exchange enters Nasdaq as second...

Published on: December 11, 2024 | Source: CryptoSlate favicon CryptoSlate

Bitcoin price reclaims 6 figures on CPI relief as traders see $110K+ next

Bitcoin price targets rise as a swift comeback sees BTC/USD spike through the $100,000 mark.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Influencers shilling memecoin scams face severe legal consequences

Why Elon Musk gets away with pumping Dogecoin but Kim Kardashian was fined $1.26 million: The laws around shilling crypto on social media.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Hong Kong lawmaker questions governmentโ€™s stance on Bitcoin amid rising global significance

Hong Kong lawmaker Johnny Ng has questioned whether the cityโ€™s government is considering Bitcoin as part of its investment strategy. He raised these views in a Dec. 11 statement, highlighting the growing global recognition of Bitcoin and its decentralized nature despite its inherent risks. The Bitcoin reserve question Ng questioned if the Hong Kong government [โ€ฆ] The post Hong Kong lawmaker questions governmentโ€™s...

Published on: December 11, 2024 | Source: CryptoSlate favicon CryptoSlate

Decentralization democratizes access to AI computing โ€” Theta Labs exec

Theta Labs head of strategy Wes Levitt says the decentralized cloud is more cost-effective and offers greater flexibility and reliability for AI solutions.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin velocity hits 12-year low as institutional demand drives up price

Velocity measures how frequently Bitcoin moves within a given period. Itโ€™s calculated by dividing the total transaction value by the average supply of Bitcoin. Higher velocity indicates heavier Bitcoin usage in transactions, while lower velocity suggests reduced activity and a growing preference for holding BTC. While velocity might sound too abstract to provide any significant [โ€ฆ] The post Bitcoin velocity hits...

Published on: December 11, 2024 | Source: CryptoSlate favicon CryptoSlate

CoinShares forecasts boom in Bitcoin yield solutions for 2025

Bitcoin has been increasingly recognized as not only a store of value but also a means to generate yields, CoinSharesโ€™ analyst Satish Patel said.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin steadies below $99,000 as US inflation data meets expectations

Bitcoin traded near $98,000 Wednesday after US November inflation data aligned with forecasts. The annual inflation rate reached 2.7%, matching consensus up 0.1%, while core inflation held at 3.3%, according to Trading Economics data. Monthly figures recorded 0.3%, slightly above last monthโ€™s 0.2%, and the Consumer Price Index stood at 315.49. Bitcoin has maintained levels [โ€ฆ] The post Bitcoin steadies below $99,000 as...

Published on: December 11, 2024 | Source: CryptoSlate favicon CryptoSlate

'Just Hold and Earn': Notcoin Studio Reveals Telegram Launchpool Rewards Platform

Earn aims to incentivize holders of TON tokens tied to Telegram games and apps (like Notcoin) with rewards. Hereโ€™s how it works.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

Fame and failure: 7 celebrity-endorsed crypto scams that went wrong

The memecoin craze is luring investors to chase quick profits, while some celebrities are capitalizing on the trend, launching or promoting tokens and often veering into scams.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

DeFi growth boosts oracle market competition โ€” RedStone co-founder

As DeFi expands, the oracle market faces new competition from emerging providers challenging established players like Chainlink.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Crypto user loses $7.8 million in SolvBTC as phishing scams surge on social media

A phishing attack resulted in a crypto user losing $7.8 million worth of SolvBTC, a wrapped Bitcoin product created by Solv Protocol. On Dec. 11, blockchain security firm Scam Sniffer highlighted the incident and shed further light on the evolving sophistication of such scams. How the attack unfolded According to Scam Sniffer, the victim unknowingly [โ€ฆ] The post Crypto user loses $7.8 million in SolvBTC as phishing...

Published on: December 11, 2024 | Source: CryptoSlate favicon CryptoSlate

Billionaire Ray Dalio Prefers Bitcoin as 'Hard Money' Over Bonds

The billionaire hedge fund manager says a debt crisis is looming in major economiesโ€”and "hard money," like Bitcoin and gold, is a safer bet.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

Crypto travel platform Travala launches Bitcoin and AVA reserve

The treasury reserve plan will provide Travala with additional financial resources in the future, according to the CEO.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Disgraced Terra Founder Do Kwon Inspires Korean Indie Film โ€˜Crypto Manโ€™

Director Harry Hyun said the movie will portray โ€œthe reality of young people who are addicted to stocks during the day and coin speculation at night.โ€

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

Is Bitcoin topping out? Gold fractal hints at 35% BTC price correction ahead

Bitcoinโ€™s performance against gold has hit resistance levels that historically align with the start of 2018-2019 and 2021-2022 bear markets.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Japanese crypto exchange Coincheck to debut Nasdaq trading

Following a $1.3 billion merger, Coincheckโ€™s ordinary shares and warrants will start trading on the Nasdaq on Dec. 11.

Published on: December 11, 2024 | Source: Cointelegraph favicon Cointelegraph

Binance and Circle Partner to Boost Global USDC Adoption

The crypto exchange plans to extend the availability of USDC on its platform for trading, saving, and payments applications.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

Coincheck Parent Becomes First Japanese Crypto Exchange Operator to List on Nasdaq

Coincheck Groupโ€™s debut on Nasdaq is the second regulated crypto exchange operator to go public since Coinbase's 2021 debut.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

South Koreaโ€™s Martial Law Derails Critical Crypto Reforms

South Korea's measures, viewed as vital steps toward modernizing the country's crypto sector, are now in limbo.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

MicroStrategy's Nasdaq Debut Could Trigger $2.1 Billion ETF Buying Spree

MicroStrategy's official announcement is expected this week, with implementation scheduled for December 23, Bloomberg analysts said.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt