During the first week of December and the last month of the year, the leading cryptocurrency bitcoin crossed the $100,000 mark for the first time in history. Two weeks later, its value climbed past the $108,000 range. Meanwhile, 139 long-dormant bitcoin wallets, created between 2010 and 2017, stirred back to life after years of inactivity. […] Original
Authorities in Vietnam have cracked down on a major cryptocurrency scam that defrauded over 400 locals and 100 businesses out of roughly $1.17 million. According to local media, the Hanoi police have apprehended the general director and seven key suspects involved in a cryptocurrency fraud scheme involving the sale of a fake token created and operated by a company whose name translates to “Million Smiles.” The scammers promised exorbitant returns on investments in the Quantum Financial System coin, which they claimed were backed by assets and treasures that were said…
Binance Labs announced it will be changing its name, along with expanding its scope of investment to include secondary market deals, OTC and other new projects. Though, it also mentions former Binance CEO CZ and his plans to ‘engage with projects on a personal level.’ In a recent post on the last day of 2024, Binance Labs announced that it will soon be operating under a different name and plans to invest in more projects in 2025, specifically naming crypto, blockchain, AI and Biotech as main areas of focus. Binance…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. From rising costs to attribution trust concerns, blockchain analytics will face many challenges in the coming year. As the year comes to a close, it’s that time again—time for predictions. We’ve heard plenty about the bright future of blockchain, from the promise of seamless cross-border payments to the rise of tokenized real-world assets (about $117.74 billion worth of assets tokenized as of now) and decentralized identity solutions…
Este artículo también está disponible en español. In a technical analysis shared by crypto analyst Bobby A (@Bobby_1111888) on X, the analyst projects that XRP will potentially reach the $15 mark in this bull run, contingent upon historical price movement patterns aligning. The analysis delves into XRP’s past market cycles, applying percentage-based extrapolations and chart pattern assessments to forecast future price trajectories. Is A XRP Price Of $15 Realistic? Bobby A’s analysis juxtaposes XRP’s performance during its 2017 market cycle against its current 2024 trajectory. From the range-high breakout in…
Este artículo también está disponible en español. In a thread on X, Alistair Milne, the co-founder and Chief Investment Officer (CIO) of the Altana Digital Currency Fund (ADCF), has outlined his Bitcoin predictions for 2025. With a tenure at ADCF dating back to 2014, Milne’s insights carry significant weight in the investment community. Bitcoin Predictions For 2025 Milne began his forecast by addressing the potential involvement of the United States in Bitcoin accumulation. “Some of my 2025 Bitcoin predictions: The big one: Trump won’t announce Bitcoin buying on behalf of…
A proposal to legalize Bitcoin aims to reshape Syria’s financial future. Syria, a nation still recovering from the fall of the Assad government, is getting ready for a drastic financial reform: the legalization or Bitcoin (BTC). To combat inflation, stabilize the country’s economy, and draw in foreign investment, the Syrian Center for Economic Research has put forth a bold plan that calls on the transitional government to embrace BTC and other digital currencies. Following decades of war and economic destruction, the country is now confronted with the daunting task of…
A proposition to add Bitcoin to Switzerland’s national reserves has been set in motion by the Swiss Chancellery. Proposed by a coalition of ten Swiss crypto advocates, including Tether’s Vice President of Energy and Mining Giw Zanganeh and Swiss think tank 2B4CH founder Yves Bennaïm, the initiative needs 100,000 signatures to advance a constitutional amendment mandating the Swiss National Bank to hold Bitcoin alongside gold as part of its monetary reserves. The proposal was initially submitted on Dec. 5 and officially registered in Switzerland’s Federal Gazette on Dec. 31, marking…
Both spot Bitcoin and Ethereum exchange-traded funds recorded inflows on Dec. 31, following a day of significant outflows amid a broader market downturn that saw both assets experience heavy losses. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged a net inflow of $5.32 million on Tuesday marking an end to its 2-day outflow streak that saw over $723 million leave the funds. The majority of inflows came into Fidelity’s FBTC which saw $36.81 million enter the fund. Bitwise’s BITB and Grayscale Bitcoin Mini Trust contributed to the…
Genius Group, an AI-based educational tech company, has purchased $10 million worth of bitcoin to further its “bitcoin first” strategy. The company aims to invest 90% or more of its reserves in bitcoin, striving to reach an initial target of $120 million. Genius Group Moves to Acquire $10 Million in BTC, Deepens Bitcoin First Strategy […] Original