Crypto investment should more closely follow adoption patterns in emerging markets.
Yearly archives: 2024
Floki DAO floats liquidity provisioning for a Floki ETP in Europe
If the vote is approved and the ETP goes ahead, Floki DAO will join Dogecoin as the second memecoin to have a registered ETP.
3 coins back from the dead in 2024 that may continue to rise in ‘25
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
Whale Launches ‘Suspicious’ LINK Accumulation Spree on Binance As Chainlink Releases New DeFi Solution
A whale has been spotted aggressively accumulating LINK, the native token of the decentralized oracle network Chainlink, according to blockchain tracking firm Lookonchain. Lookonchain reports that a whale suddenly created 30 new wallets to accumulate $34.1 million worth of LINK tokens from Binance. “Suspicious LINK accumulation spotted! Over the past 5 days, 30 newly created …
Kyros Ventures Collaborates with BingX to Release the Vietnam Crypto Market Report 2024
December 24, 2024 – Ho Chi Minh City, Vietnam Kyros Ventures, a pioneer in blockchain incubation in Vietnam, has partnered with the global cryptocurrency exchange BingX to launch the highly anticipated Vietnam Crypto Market Report 2024. This report, now in its fifth year, provides a detailed analysis of the evolving cryptocurrency landscape in Vietnam and …
Montenegro court rejects Do Kwon’s extradition appeal
Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ co-founder Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec. 25. The decision clears the path for Montenegro’s Justice Minister to determine Kwon’s extradition destination, which is now expected to be the US due to the ministry’s established stance, …
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Sonic Labs launches FTM to S token swaps via Gateway
Sonic Labs announced on Dec. 25 that its official Sonic Gateway can now bridge FTM tokens from Ethereum to S tokens on the Sonic mainnet. The gateway will also allow the transfer of Euro Coin (EURC), USD Coin (USDC), and Wrapped Ethereum (WETH). The conversion of FTM to S will occur at a ratio of …
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Bitcoin accumulator addresses acquire 225k BTC in December amid significant sell pressure
Bitcoin’s (BTC) accumulator addresses showed a sharp increase in demand during December, with 225,280 BTC in net acquisitions by these investors as of Dec. 23, according to CryptoQuant. The movement represents an 82.6% monthly increase. On the other hand, total sell-side liquidity — the amount of Bitcoin available for selling in exchanges and exchange-traded funds …
CryptoQuant CEO says US could feasibly cut debt by embracing strategic Bitcoin reserve
CryptoQuant CEO Ki Young Ju believes the US could feasibly offset a portion of its national debt by establishing a strategic Bitcoin (BTC) reserve, a move he describes as practical but politically challenging. Ki shared the analysis in a social media post on Dec. 25, where he highlighted that $790 billion in capital inflows have …
Christmas Day Sees Decade-Old Sleeping Bitcoin Wallets Come Back to Life
On Dec. 25, 2024, at 3:30 p.m. Eastern Time as Christmas festivities unfold, bitcoin’s price hovers at a cool $99,092 amidst the holiday’s quiet market. Meanwhile, a treasure of 210 bitcoins, last touched over a decade ago and now valued at $20.6 million, has stirred into action. Vintage Bitcoin Stashes Resurface Several dormant bitcoin wallets …
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Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund
The Hashgraph Group has obtained a fund management license from the Abu Dhabi Global Market (ADGM) enabling it to launch a $100 million Web3 venture fund. Venture Fund to Back Hedera Network Innovators The Swiss-based Hashgraph Group has secured a fund management license from the Abu Dhabi Global Market (ADGM) in the United Arab Emirates. …
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Community Fundraising Effort Launched to Secure Bitcoin Cash API Service
Actorforth.org has launched a Flipstarter campaign to raise 30 bitcoin cash (BCH) to keep its rest.bch.actorforth.org API service operational. Actorforth Launches Campaign to Prevent BCH API Shutdown According to the Flipstarter fundraising proposal, the API, which has supported the bitcoin cash (BCH) community since 2021, faces closure on Dec. 31, 2024, without additional funding. The …
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South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report
The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the theft of crypto assets. According to a report by the Yonhap News Agency, the U.S. Department of Homeland Security and the government of South Korea signed an agreement to jointly develop technologies aimed at curbing …
Additional Downside for Bitcoin To Be Expected As Resistance Remains Strong, According to Analyst
A crypto strategist who nailed the pre-halving Bitcoin correction earlier this year is warning that BTC may head lower as resistance continues to strengthen. Pseudonymous analyst Rekt Capital tells his 523,400 followers on the social media platform X that Bitcoin is looking near-term bearish as it struggles to reclaim key support levels on the weekly …
MoonPay Considering $150,000,000 Acquisition of Crypto Payment Firm Helio: Report
The web3 infrastructure provider MoonPay is reportedly mulling a $150 million acquisition of the crypto payments provider Helio. Fox Business reporter Eleanor Terrett reports that MoonPay is in talks over the deal, which would represent the crypto firm’s largest acquisition. Helio aims to make “accepting crypto payments effortless for merchants and apps worldwide.” The payment …
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