Solana risks becoming memecoin ‘hellscape’ mirroring BNB Chain in 2021

Solana is currently a blockchain ecosystem consumed with heightened memecoin activity and market speculation. The platform’s technical advantages, including sub-second finality and low transaction fees, have attracted a surge of speculative projects, prompting comparisons to the BNB Chain, which experienced a similar trajectory during the memecoin boom. Solana-based tokens have driven high-frequency trading activity, echoing …

XRP outperforms Bitcoin and Ethereum following news of Brazilian ETF approval

XRP surged ahead of Bitcoin and Ethereum in the past 24 hours after securing its first spot exchange-traded fund (ETF) approval in Brazil. Data from CryptoSlate shows that the token’s value jumped by 6% during this period, reaching $2.75, making it the best performer among the top 10 cryptocurrencies by market capitalization. This upward trend …

Report shows uptick in startups using Bitcoin in their balance sheet

According to their latest report on the Bitcoin ecosystem, venture capital firm Epoch noted an increasing number of startups incorporating Bitcoin (BTC) into their balance sheets. According to the report, as inflation concerns and fundraising challenges persist, Bitcoin is emerging as a strategic asset for startups seeking capital efficiency, dilution protection, and global market positioning. …

Monero Mining Malware Hits Users Downloading Game Torrents

According to Kaspersky, the campaign started last December, targeting users who are downloading torrents of popular games with a silent install of XMRig, a monero mining program. Crypto Malware Targets Gamers: Monero Mining Payload Delivered via Popular Game Torrents Hackers are now targeting gamers, which have capable computers, with crypto-mining malware. According to Kaspersky, the …

Anthony Scaramucci Predicts Bitcoin Will Reach $200,000 in 2025

Anthony Scaramucci, founder of Skybridge Capital, has forecasted that bitcoin will soar to $200,000 this year, with a potential U.S. reserve for the cryptocurrency also on the horizon. In an interview with Saxo Bank, Scaramucci emphasized that for bitcoin to solidify its status as an asset class, it would need to reach a market cap …

Make Farming Great Again: Tether Pushes for Majority Stake in Adecoagro

The deal, which would give Tether ownership of 51% of Adecoagro, would involve a disbursement of $385 million. Tether is already invested in Adecoagro, which operates in Argentina and Brazil. Tether Bids to Acquire Majority Stake in Adecoagro Tether, one of the largest companies in the cryptocurrency industry, is looking to farm more than treasury …

Etoro Granted MiCA Permit to Offer Crypto Services Across the EU

Trading and investing platform Etoro announced that its EU subsidiary, Etoro (Europe) Ltd, has been granted a permit by the Cyprus Securities Exchange Commission (CySEC) to provide crypto services across the European Union under the Markets in Crypto-Assets Regulation (MiCA). Avi Sela, Chief Operating Officer – Regulation at Etoro, emphasized the importance of regulation in …

Hong Kong Powerhouses Unite: Standard Chartered, Animoca Brands, HKT to Pursue Stablecoin License

Standard Chartered Bank, Animoca Brands, and HKT have formed a joint venture to pursue a stablecoin issuing license from the Hong Kong Monetary Authority. ‘Digital Assets Here to Stay’ Standard Chartered Bank (Hong Kong), Animoca Brands, and HKT recently agreed to form a joint venture to pursue a stablecoin issuing license from the Hong Kong …

Crypto.com’s Explosive Growth Reshapes Exchange Rankings

Total centralized exchange volume reached $18.83 trillion, the second-highest in five years, though still below 2021’s record of $25.21 trillion. 2021 Marked by Key Events In 2024, Binance remained the largest centralized cryptocurrency exchange, despite its share of total trading volume among the top 15 exchanges falling by approximately eight percentage points, from 47% to …

Don’t Expect Bitcoin Bear Market This Year, According to CryptoQuant CEO – Here’s Why

Historical patterns suggest Bitcoin (BTC) won’t enter a bear market this year, according to Ki Young Ju, the chief executive of the digital asset analytics firm CryptoQuant. In a new post on the social media platform X, Young Ju outlines BTC’s current price dynamics. “Bitcoin Cost Basis at $95,000: • ETFs/Custody Wallets: $89,000 • Binance …

Bitcoin’s record low 4-year CAGR of 14.45% still beats gold and stocks

Bitcoin’s four-year compound annual growth rate (CAGR) has dropped to its lowest point ever, now at 14.45%. CAGR measures the average annual return an asset generates over a specified period. It is calculated by assessing the return on investment (ROI) between two points and determining the annualized compounded return. For BTC, a four-year holding period …

Bitcoin must hold $92.5k amid accumulation phase reminiscent of May 2021

Bitcoin (BTC) is on the verge of a decisive market juncture and must hold above $92,500 to maintain bullish momentum, according to a recent report by Glassnode.  The report highlighted parallels between the current price structure and previous cycle peaks, raising concerns about potential downside risks should buying pressure wane. Supply conditions and historical patterns …

Nasdaq Pushes Forward With Cutting-Edge Crypto ETF Structure for Digital Assets

Nasdaq has formally requested U.S. Securities and Exchange Commission (SEC) approval to launch an exchange-traded fund (ETF) tracking a basket of cryptocurrencies through a proposed regulatory framework designed to address market integrity concerns. Nasdaq’s Latest Proposal Filing Sets a New Standard for Crypto Market Oversight The Nasdaq Stock Market LLC submitted a 131-page Form 19b-4 …

Expert Discusses BRICS Currency Push—Is Gold-Backed System the Ultimate Solution?

Momentum for a BRICS currency is building, with gold-backed alternatives and trade strategies gaining traction, but challenges to dethroning the dollar remain. BRICS Currency and Dedollarization—Expert Exposes the Hard Truth Behind the Hype Momentum is building for a BRICS common currency as the economic bloc expands, currently comprising Brazil, Russia, India, China, South Africa, the …

Coinbase Pressures Congress With 6 Priorities to Reform Crypto Law

Coinbase is urging Congress to act fast, outlining six priorities to fix broken crypto laws, protect consumers, and stop blockchain innovation from fleeing overseas. 6 Priorities Coinbase Is Pushing to Fix America’s Broken Crypto Law Crypto exchange Coinbase (Nasdaq: COIN) is urging Congress to take action on crypto regulation, outlining six “key legislative priorities” needed …

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