The chief executive of payments app Strike is leaning bullish toward Bitcoin (BTC) as the flagship crypto asset hovers above the $100,000 price tag. In a new interview with Wall Street veteran Anthony Scaramucci on the Wealthion YouTube channel, Jack Mallers says that Bitcoin could hit a price of up to $1 million, a potential …
Yearly archives: 2024
Ethereum (ETH) In for ‘Renewed Upside’ After Continued Stability, Says Crypto Analyst – Here’s His Outlook
A widely followed crypto analyst says Ethereum (ETH) looks primed to move higher after exhibiting price stability during the last two weeks. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 519,700 followers on the social media platform X that ETH may be gearing up for more rallies after maintaining $4,000 as …
MINGO, Hedera Based Wallet, Sets Sights on the Global Ticketing Industry
December 17, 2024 – Kingstown, St. Vincent and the Grenadines MINGO, a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based PDT (rogrammable digital ticketing) system to innovate the ticketing industry. By addressing critical issues such as fraud, scalping and resale inefficiencies, MINGO delivers a secure and transparent solution trusted by leading names …
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TokenBuilder Releases 2025 Forecast on AI Integration and Fair Token Offerings
December 17, 2024 – Tortola, British Virgin Islands According to the prediction of Ransu Salovaara, CEO of TokenBuilder and a crypto veteran since 2014, the next 12 months will be pivotal in boosting transparency for token launches and integrating AI technology into new crypto projects. Salovaara, who helped raise token sales for major names in …
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US Treasury and UAE target North Korean digital asset launderers
Two Chinese citizens and a UAE trading company have been sanctioned by the United States for their alleged roles in money laundering for North Korea.
Ripple Stablecoin RLUSD May Experience Supply Shortages on Debut, Says XRP Co-Creator David Schwartz
Ripple chief technology officer David Schwartz says investors should not hope for gains on stablecoins as his firm prepares to launch its new dollar-pegged crypto asset. In a new post on social media platform X, Schwartz says Ripple USD (RLUSD) may experience supply shortages in the early days of its debut given the pre-market demand …
Promeet Raises $3.1 Million in Pre-Seed Funding To Transform Creator Monetization
December 17, 2024 – Dubai, United Arab Emirates Promeet, a platform designed to empower creators to monetize content, has successfully raised $3.1 million in pre-seed funding. The investment will be used to accelerate product development and solidify Promeet’s position as a leading platform for content monetization. By combining videos, photos, meetings and live streamings with …
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Coinbase ranks fifth globally in exchange revenue, surpassing Nasdaq and CBOE
Crypto trading is rapidly outpacing traditional finance, with Coinbase leading the charge thanks to the improved market sentiment sparked by Donald Trump’s election victory. Jamie Coutts, the chief crypto analyst at Real Vision, shared data showing that Coinbase currently ranks fifth globally for exchange revenue, generating $5.75 billion over the past year. This figure outshines …
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ESMA unveils final guidance for MiCA as Europe braces for crypto regulation rollout
The European Securities and Markets Authority (ESMA) has released its final guidance ahead of the full implementation of the Markets in Crypto-Assets (MiCA) regulations across the region, according to a Dec. 17 statement. This marks a culmination of 18 months of regulatory efforts, during which ESMA developed over 30 Technical Standards and Guidelines in collaboration …
Nigerian SEC warns influencers of new 3 year jail term for promoting ‘unlicensed’ crypto
The Nigerian Securities and Exchange Commission (SEC) has rolled out stricter rules targeting influencers promoting crypto-related products without transparency. Under the updated framework, influencers must ensure their crypto clients are licensed by the SEC before endorsing any product or service. Additionally, all promotional content must be clearly labeled as sponsored. Failure to comply will attract …
Shieldeum Unveils its Ambitious Roadmap for 2025
PRESS RELEASE. Shieldeum, a leader in decentralized infrastructure, has just revealed its exciting roadmap for 2025, outlining a bold vision for the future. The company is gearing up to roll out a series of game-changing product releases throughout the year, each designed to push the boundaries of what’s possible in the Web3 industry. With these …
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EU urged to follow El Salvador’s lead with Bitcoin reserves by European MP
European Union Member of Parliament Sarah Knafo has urged the bloc to prioritize a Strategic Bitcoin Reserve instead of moving forward with the European Central Bank’s (ECB) digital euro project. In a Dec. 17 video shared on X, Knafo criticized the ECB’s plan for a centralized digital currency, arguing it risks financial freedom and overreach. …
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Tether invests in European stablecoin issuer as USDT remains non-compliant with MiCA
Tether invests in European stablecoin issuer StablR as Europe’s MiCA rules approach implementation later this month. The move indicates an effort to navigate regulatory conditions that require fully compliant stablecoin issuance within European markets. StablR, now backed by Tether, holds an Electronic Money Institution license from the Malta Financial Services Authority, allowing it to position …
Hong Kong’s path to crypto-friendly leadership expands with tax framework adoption
The Hong Kong government has reaffirmed its intention to adopt a global crypto tax reporting framework by 2028, according to a recent statement. This decision followed recent discussions with the Organization for Economic Cooperation and Development (OECD) Global Forum on Transparency and Exchange of Tax Information. The framework, introduced in June 2023, expands the existing …
Bitcoin starts week with $600 million ETF inflow amid $107k all-time high
Bitcoin began the week with a notable $636 million inflow, reaching a new all-time high of $107,700 on Dec. 16. This marks another milestone for the digital asset after briefly consolidating around the $100,000 level in recent weeks. Spot Bitcoin ETFs played a significant role in Monday’s market activity, recording a combined inflow of $636.9 …
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