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Showing posts from January, 2025

Crypto exchange Kraken’s revenue doubled in 2024 to $1.5 billion

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According to Kraken’s 2024 figures, the exchange averages more than $2,000 in revenue per customer and holds $42.8 billion in assets. from Cointelegraph.com News https://ift.tt/PJViq4Y

Crypto firms double down on influencing US elections via PACs in 2026

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A spokesperson for Fairshake said the PAC was “keeping [its] foot on the gas” after its success in the 2024 US elections. from Cointelegraph.com News https://ift.tt/vYWoLDu

Interest in Bitcoin-backed loans returns: Will TradFi join this time?

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The Bitcoin-backed loans market is expected to grow fivefold in the coming years. Cointelegraph explores the nuts and bolts of the niche industry. from Cointelegraph.com News https://ift.tt/kb870nj

Getgems bets on Telegram for NFT adoption, OpenSea airdrop backlash: Nifty Newsletter

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NFT marketplace Getgems continues to bet on NFTs, hoping that Telegram will spur adoption for the asset class in 2025. from Cointelegraph.com News https://ift.tt/3vL5ibI

Binance denies France’s claims as legal challenges mount worldwide

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Binance has faced its fair share of legal probes around the world, often forcing it to withdraw from countries or pay hefty fines. from Cointelegraph.com News https://ift.tt/YLxsFNH

US Senator calls crypto regulation ’a matter of national importance’

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Lawyers for Cynthia Lummis filed an amicus brief as part of Coinbase’s appeal over a ruling in its case with the SEC, claiming the commission “flouts” its enforcement authority. from Cointelegraph.com News https://ift.tt/TDoOvR4

WazirX approved for hack repayments, Tornado Cash sanctions overturned: Law Decoded

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A US court has overturned the sanctions on privacy protocol Tornado Cash in a significant legal development for crypto. from Cointelegraph.com News https://ift.tt/6CXhFAc

Ethereum devs and L2 leaders go all in on based and native rollups

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Some Ethereum layer 2s would be forgoing hundreds of millions of dollars obtained from fees to make Ethereum more connected at the base layer. from Cointelegraph.com News https://ift.tt/NbQj2hF

Memecoins and art market share similar economics — Ki Young Ju

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"While the hype surrounding meme coins may fade, the market itself will not disappear," the CryptoQuant founder wrote on social media. from Cointelegraph.com News https://ift.tt/MkQYhA3

SOL, LINK, OM, and RAY flash bullish signs as Bitcoin traders wait for BTC’s next move

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Bitcoin trades in a predictable range while SOL, LINK, OM and RAY look ready to rally higher. from Cointelegraph.com News https://ift.tt/Ibr8ndC

The release of DeepSeek R1 shatters long-held assumptions about AI

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According to the DeepSeek research paper, the project took only $6 million to train, and it performs on par with leading AI models. from Cointelegraph.com News https://ift.tt/LGn9ovD

Virtuals expands to Solana ecosystem, establishes strategic SOL reserve

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AI agent platform Virtuals Protocol has announced its expansion to the Solana blockchain as part of its efforts to “drive innovation across multiple ecosystems.” from Cointelegraph.com News https://ift.tt/6Gl9kDf

BTC above $150K is ‘speculative fever,’ SAB 121 canceled, and more: Hodlers Digest, Jan. 19 – 25

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Any level above $150,000 for Bitcoin would be “speculative fever,” US SEC cancels SAB 121 rule, and more: Hodler’s Digest from Cointelegraph.com News https://ift.tt/ndATc3H

'All governments should track all their spending on blockchain' — CZ

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According to data from the International Monetary Fund (IMF), total global government debt now accounts for over $102 trillion. from Cointelegraph.com News https://ift.tt/MS276gw

Crypto advocates focus on Congress as GOP takes control of US gov't

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The Republican Party now has total control over the United States Senate, the Executive Branch, and the House of Representatives. from Cointelegraph.com News https://ift.tt/S38o0HT

Andreessen Horowitz to close UK office to focus on US crypto efforts

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The London building, opened in 2023 while UK Prime Minister Rishi Sunak was in office, will be shuttered in favor of focusing on the venture capital firm’s US operations. from Cointelegraph.com News https://ift.tt/H6g2oXt

Ripple seeks deadline for cross-appeal brief in SEC case

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Ripple Labs has requested a due date for its cross-appeal brief in its ongoing legal battle against the US SEC. from Cointelegraph.com News https://ift.tt/Ai0rlz9

TRUMP, DOGE, BONK ETF approvals likely, but Cathie Wood won’t invest: Finance Redefined

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ARK Invest’s Cathie Wood said she won’t buy the Trump token due to its lack of utility, as she remains focused on Bitcoin, Ether and Solana. from Cointelegraph.com News https://ift.tt/4ZUC8dn

BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto

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BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector? from Cointelegraph.com News https://ift.tt/yz4Jsce

John McAfee’s widow launches memecoin, but some suspect a scam

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Janice McAfee and Vine co-founder Rus Yusupov are the latest to ride in the memecoin wave, raising scam fears. from Cointelegraph.com News https://ift.tt/UzCBlqL

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

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Analysts believe US interest rates will not change, but Bitcoin price could benefit if the Federal Reserve mentions quantitative easing at the next FOMC. from Cointelegraph.com News https://ift.tt/7duJLUC

Yuga Labs responds to CryptoPunks rumors, MakersPlace shuts down: Nifty Newsletter

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NFT collection Mad Lads surged in market capitalization as the price of Solana reached a new all-time high. from Cointelegraph.com News https://ift.tt/j2STfy8

US Department of Government Efficiency slapped with more lawsuits

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DOGE is being sued by an ethics watchdog, a nonprofit law firm, a federal workers union and a nonprofit members organization. from Cointelegraph.com News https://ift.tt/dm2kPIN

Bitcoin miners see 3x profit margins despite higher network difficulty

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Glassnode’s Difficulty Regression Model estimates the cost to mine a single BTC at approximately $33,900. from Cointelegraph.com News https://ift.tt/19wdyVm

Circle CEO ‘strongly in favor’ of Trump repealing SAB 121

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Jeremy Allaire expects President Trump to issue several crypto-friendly executive orders. from Cointelegraph.com News https://ift.tt/GJLmoEX

Democratic lawmaker says TRUMP coin represents the ‘worst of crypto’

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Representative Maxine Waters did not mince words discussing Trump’s official memecoin, calling it a rug-pull scheme that left investors unable to seek legal action. from Cointelegraph.com News https://ift.tt/UKlmILi

TRUMP crashes 38% as MELANIA launches her own memecoin

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Melania Trump's memecoin launched after Donald Trump's official TRUMP token reached a $15 billion market cap before falling nearly 40%. from Cointelegraph.com News https://ift.tt/aLMWuX0

Official Trump memecoin captures crypto market trading volume as Bitcoin prepares for new highs

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The Official Trump memecoin aims for prices in the triple-digit range, while SOL, BTC, XRP, ALGO and XDC prepare for a breakout to new all-time highs. from Cointelegraph.com News https://ift.tt/FyZsBSj

Ross Ulbricht's odds of being pardoned by Trump rise to 79% on Kalshi

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"Immense gratitude to everyone who voted for President Trump on my behalf," the Silk Road founder wrote in a November 2024 X post. from Cointelegraph.com News https://ift.tt/PNOKa82

BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12 – 18

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Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest. from Cointelegraph.com News https://ift.tt/JETM3wB

What the release of Trump's memecoin signals for crypto regulations

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The Solana-based memecoin surged to a market cap of over $32 billion one day after launching but allegedly violates the US Constitution. from Cointelegraph.com News https://ift.tt/aqCGJSk

TRUMP memecoin makes record price run, possibly multiplying Donald Trump’s net worth by 5x

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The "official" TRUMP memecoin has seen almost $10 billion in trading volume in less than 24 hours, and the rally looks set to continue. from Cointelegraph.com News https://ift.tt/DJSQFuA

Vitalik Buterin announces leadership changes for Ethereum Foundation

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"People seeking a different vision are welcome to start their own organizations," Buterin wrote in a January 18 social media post. from Cointelegraph.com News https://ift.tt/hWwOfLr

Can Ethereum price go to $4K? ETH’s open interest surges as institutions turn bullish

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ETH price fell by 11% over the past 30 days but bullish sentiment and other data point toward a rally to $4,000. from Cointelegraph.com News https://ift.tt/6HS0dri

One SEC commissioner down before Trump’s term — Gary Gensler is next

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As Gary Gensler prepares to announce his resignation, some SEC officials have said they will step down before Donald Trump’s inauguration. from Cointelegraph.com News https://ift.tt/sF5dlhq

Cardano (ADA) ‘bottomed’ and on verge of ‘grand bull market’ — Peter Brandt

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ADA looks ready to chase new all-time highs according to a handful of Cardano price metrics. from Cointelegraph.com News https://ift.tt/4J3Xiwc

Trump’s potential Treasury secretary pick ‘sees no reason’ for US CBDC

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The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks. from Cointelegraph.com News https://ift.tt/fApS8lI

Solana ETFs may take until 2026: Bloomberg Intelligence

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With lawsuits still pending over Solana’s classification as a security, SOL ETFs will likely have to wait until next year for their debut. from Cointelegraph.com News https://ift.tt/EQzZhUs

Analysts eye Bitcoin rally after bullish CPI print

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Sustained outperformance may hinge on whether US President-elect Donald Trump implements pro-crypto policies once he takes office on Jan. 20. from Cointelegraph.com News https://ift.tt/7GtRxgV

Bitcoin ‘power of 3’ setup targets $103K by President-elect Trump’s inauguration day

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A “power of 3” pattern popped up on Bitcoin’s chart, suggesting that prices above $100,000 will occur before President-elect Trump takes office. from Cointelegraph.com News https://ift.tt/b5yS40H

ai16z’s Eliza Labs ships white paper for Web3-native AI agents

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The company envisions a world of AI agents, like Eliza, trading autonomously onchain. from Cointelegraph.com News https://ift.tt/K15nIYt

Get identity right to get interoperability right in Web3 gaming

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Unified digital identity can enable true interoperability in Web3 gaming. from Cointelegraph.com News https://ift.tt/oCFBRWz

Semler Scientific buys another $23M in Bitcoin

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The company now owns more than $192 million worth of BTC and touts a "Bitcoin yield" of more than 99%, it said. from Cointelegraph.com News https://ift.tt/nsAweJM

CFTC chair’s exit, Russia’s Bitcoin seizure, Kenya’s IMF warning: Law Decoded

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Rostin Behnam exits the US CFTC and calls for stronger regulation, Russia confiscates $10 million in Bitcoin and the IMF advises Kenya on crypto regulations. from Cointelegraph.com News https://ift.tt/hkeoI9r

Michael Saylor posts Bitcoin tracker for the 10th consecutive week

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According to the SaylorTracker website, MicroStrategy's Bitcoin holdings are up around 51%, with unrealized gains of over $14 billion. from Cointelegraph.com News https://ift.tt/isbxv8e

Bitcoin traders share their ‘PvP’ views on BTC’s recent price weakness

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Neutral in the short-term, bullish in the long-term. With that view in mind, pro traders explain that a certain “player versus player” mindset is at play in the crypto market this month. from Cointelegraph.com News https://ift.tt/4iW0vEH

World announces 10 million users verified on World Network

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Although World has reached a significant milestone, regulatory headwinds across jurisdictions remain a challenge for the project. from Cointelegraph.com News https://ift.tt/oxTuQ9m

XRP, HBAR, BGB and XMR flash bullish signs as Bitcoin searches for direction

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Rangebound trading conditions from Bitcoin could boost the chance of a breakout in XRP, HBAR, BGB and XMR. from Cointelegraph.com News https://ift.tt/FZIj4iK

Binance altcoin dominance hits 78%, analyst eyes’ strong momentum’ ahead

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A crypto analyst says the rising altcoin trading volumes on Binance signals “confidence in the potential for an altcoin bull market in 2025.” from Cointelegraph.com News https://ift.tt/d6DMCEI

Crypto to ‘Banana Singularity,’ Bybit halts India services, and more: Hodler’s Digest, Jan. 5 – 11

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Real Vision co-founder and CEO Raoul Pal says crypto is heading for ‘Banana Singularity,’ Russia seizes $10M in Bitcoin, and more: Hodler’s from Cointelegraph.com News https://ift.tt/ewd82Vc