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Tether’s $5B mint and political entanglements raise suspicion about industry

Unraveling Tether’s complex web of financial maneuvers and its impact on the global crypto market.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

Gensler’s SEC made US ‘nearly untenable’ for crypto firms, say observers

Gary Gensler is going, but the lawsuits against crypto firms may continue — until Congress defines how securities laws apply to digital assets.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

Binance founder Changpeng Zhao notes ‘weird’ memecoin mania, urges utility innovation

Binance founder Changpeng Zhao has shared concerns over the growing hype surrounding memecoins while urging to develop more utility-driven tokens. In a Nov. 26 post on X (formerly Twitter), Zhao acknowledged the popularity of memes but expressed unease over their current direction, describing them as “a little weird.” According to him, most memecoins lack real-world […] The post Binance founder Changpeng Zhao notes ‘...

Published on: November 26, 2024 | Source: CryptoSlate favicon CryptoSlate

Greece breaks ground on new data center, advancing tech and AI hub ambitions

The French firm Data4 and the Greek government broke ground on a new data center outside of Athens to help position Greece as a strategic hub for tech and AI.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

ASI Alliance launches Cortex — Decentralized AI for industrial needs

Cortex, the ASI Alliance’s first decentralized AI model, targets robotics, biotech and healthcare for domain-specific applications.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

Fidelity Investments Director Shares Bitcoin’s Adoption and Valuation Models

Jurrien Timmer, Director of Global Macro at Fidelity Investments, recently shared Bitcoin valuation models based on adoption curves and monetary policy scenarios, offering his perspective on the asset’s maturing role as both a network and a monetary innovation.

Published on: November 26, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Crypto literacy at ‘dangerously low’ levels, new report warns

The crypto community’s financial literacy rate is estimated at 25%, lagging the financial literacy average in the United States by half, according to a new report.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin on corporate balance sheets: What’s the risk and reward?

Explore the risks and rewards of Bitcoin on corporate balance sheets. Is it a strategic hedge or a volatile investment?

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

FCA to wait till 2026 to launch official crypto policy with 12% of UK owning digital assets

Crypto ownership in the UK has increased to 12% of adults, up from 10%, according to the Financial Conduct Authority’s (FCA) latest research published on Nov. 26. Awareness of cryptocurrencies also grew, reaching 93% of the adult population. The FCA’s study revealed that the average value of crypto holdings per person rose from 1,595 to […] The post FCA to wait till 2026 to launch official crypto policy with 12% of UK...

Published on: November 26, 2024 | Source: CryptoSlate favicon CryptoSlate

Morocco central bank to legalize all cryptocurrencies: Report

More countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

Starknet launches phase 1 staking on Ethereum layer 2

Starknet launched staking with a 20,000 STRK minimum requirement for solo staking while enabling delegation for broader participation.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

UK cryptocurrency ownership rises to 12% as FCA prepares new regulations

The UK’s top financial regulator, the FCA, published a regulatory roadmap of plans to release comprehensive cryptocurrency regulations by 2026.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

Dogecoin, Solana Post Double-Digit Losses as Crypto Market Momentum Stalls

Too much leverage has led to an inevitable pause in the crypto market, but this is largely seen as a healthy correction, analysts argued.

Published on: November 26, 2024 | Source: Decrypt favicon Decrypt

Bitcoin nears 1M daily active addresses as price chases $100K

The growing network activity is a promising sign in Bitcoin’s battle toward the historic $100,000 mark, which was just $200 away on Nov. 22.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

Former Binance execs launch MiCA-compliant euro stablecoin

Expected to launch in the coming weeks, Schuman’s new euro-backed stablecoin labels 107 countries as “high-risk.”

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

Telegram’s crypto holdings rose to $1.3B in H1 2024: Report

Telegram’s crypto holdings jumped from $400 million to $1.3 billion in H1 2024, driven by Toncoin sales and strategic deals.

Published on: November 26, 2024 | Source: Cointelegraph favicon Cointelegraph

7 Million UK Adults Now Own Crypto: Financial Conduct Authority

Research from the regulator found that crypto ownership in the UK has increased to 12% from 10%, as it delivers plans to regulate crypto.

Published on: November 26, 2024 | Source: Decrypt favicon Decrypt

How NFTs are Evolving to Add ‘Meaning and Story’: RARI Chain

Leading lights in the NFT space gathered in Bangkok to discuss the future of the technology and how creators are using it.

Published on: November 26, 2024 | Source: Decrypt favicon Decrypt

Peanut Pet Owner Launches New Token, Threatens Lawsuit Against Crypto Community

The owner of Peanut, a squirrel pet that was euthanized this month, is accusing the crypto community of profiting from his personal trauma.

Published on: November 26, 2024 | Source: Decrypt favicon Decrypt

SEC Rakes in $8.2B in Penalties for 2024, Over Half Tied to Terraform Labs

While the SEC touts its enforcement as a win for investors, the crypto industry is rejoicing over Chair Gary Gensler's imminent departure.

Published on: November 26, 2024 | Source: Decrypt favicon Decrypt

Dogecoin Foundation Seeks Backing to Fuel 2025 Plans

The Dogecoin Foundation is seeking donors to fuel its Dogebox initiative, with the aim of driving mass adoption.

Published on: November 26, 2024 | Source: Decrypt favicon Decrypt

Next Billion Fellowship Program Applications Now Open!

We’re excited to announce that applications for the Next Billion Fellowship Program are now open!...

Published on: November 26, 2024 | Source: Ethereum Blog favicon Ethereum Blog

Rumble to spend up to $20M on Bitcoin in new treasury strategy

Rumble has become the latest company to confirm plans to add Bitcoin to its balance sheet after its CEO teased the idea on social media on Nov. 20.

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

Bitcoin Dips to $93,000 With $400 Million in Longs Rekt. Where to From Here?

Market makers may be intentionally driving prices down to trigger a liquidation of leveraged longs, Decrypt was told.

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

Ripple, Archax debut first tokenized money market fund on XRP Ledger

To kick things off, Ripple’s XRP Ledge will tokenize asset manager asset manager abrdn’s $4.77 billion US dollar Liquidity Fund.

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

Justin Sun’s Tron network invests $30 million in Trump family-backed World Liberty Financial

Tron has invested $30 million in World Liberty Financial (WLFI), the decentralized application backed by President-elect Donald Trump’s family. Tron founder Justin Sun said in a social media post on Nov. 25 that TRON has become the largest WLFI investor. Sun added: “The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! […] The post Justin Sun’s Tron network invests $30 million in Trump...

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

Rumble Adopts Bitcoin Treasury Strategy, Echoing Moves by MicroStrategy

The timing and extent of Rumble’s Bitcoin purchases will depend on market conditions, trading prices, and the company’s liquidity needs

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

Solana DeFi Exchange Jupiter Puts $1.5 Billion Worth of JUP Airdrops Up to Vote

Jupiter is letting the community decide whether or not 1.4 billion JUP tokens—about $1.5 billion worth—should go towards future airdrops.

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

Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit

Long liquidations and profit-taking from long-term Bitcoin holders are the primary factors in today’s sell-off. When will the dip buyers show up?

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

Dogecoin Barks Up Another Record as Open Interest Tops $4 Billion

Traders continue to place their bets on Elon Musk's favorite coin: Dogecoin. Open interest for the asset surged to over $4 billion Saturday.

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

Hashdex again amends S-1 for Nasdaq Crypto Index US ETF

Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.

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

MicroStrategy Now Holds $36 Billion in Bitcoin—These Are Its Biggest Buys

How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how MicroStrategy made such massive gains.

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

Cookie DAO launches platform to track performance of AI agents

Cookie DAO has introduced Cookie.fun, a platform that tracks AI agents’ performance in real-time across blockchain activity and social media. The platform offers both human and AI investors a clear way to evaluate on-chain and market metrics for these rapidly growing agents. Tracking metrics in real-time AI agents — autonomous AI systems that can manage […] The post Cookie DAO launches platform to track performance of...

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

Pump.fun's memecoin freak show may result in criminal charges: Expert

A legal expert says Pump.fun’s extreme livestream content involves threats, scams and illegal behavior that can open up criminal investigations and civil lawsuits.

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

Trump Company Nets $15 Million Payday as Justin Sun Buys Bulk of World Liberty Tokens

Justin Sun, the crypto billionaire behind Tron, now owns over half of all WLFI tokens sold since World Liberty Financial launched.

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