As 2024 winds down, the crypto economy has flourished, growing by an impressive $1.62 trillion in value over the year. Interestingly, nine of the top ten gainers for the year turned out to be meme tokens, with only one utility token breaking into the elite group. Meme Coins Take the Crown The crypto sector expanded […] Source CryptoX Portal
Former Bithumb CEO Lee Sang-jun has reportedly been sentenced to prison after being found guilty of receiving cash and gifts to engage in a fraudulent token listing scheme. Local Korean news outlet The Hankyoreh reports that the Seoul Southern District Court has sentenced the 55-year-old to two years behind bars and ordered him to pay a fine of 52 million won ($35,367) for receiving money and lavish items as bribes from businessman Kang Jong-hyun. Kang allegedly shelled out 3 billion won (roughly $2 million) in cash and over $272,000 worth…
Este artículo también está disponible en español. Grayscale Investments has published its quarterly review, unveiling its top 20 crypto assets for Q1 2025. Each quarter, the Grayscale Research team evaluates “hundreds of digital assets” to guide the rebalancing of the FTSE/Grayscale Crypto Sectors family of indexes. In the words of the research note, “Our approach incorporates a range of factors, including network growth/adoption, upcoming catalysts, sustainability of fundamentals, token valuation, token supply inflation, and potential tail risks.” The newest additions to the top 20 list are guided by three main…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meta description: WallitIQ, dubbed the “Bitcoin of AI,” is making waves in the crypto world after its $5 million presale sellout. WallitIQ (WLTQ) has taken the spotlight in the cryptocurrency world after its successful $5 million presale sellout, which moved a crypto veteran to call it ‘the Bitcoin of AI.’ This great accolade reflects WallitIQ as a game-changing altcoin, well-positioned to lead the AI-driven crypto space just as Bitcoin…
With the crypto market’s valuation sitting at $3.33 trillion and bitcoin holding steady above the $90,000 range for a cumulative 43 non-consecutive days, an intriguing trend has emerged—vintage crypto wallets have started stirring after years of inactivity. Million-Dollar Transfers From Long-Inactive Crypto Wallets As 2024 wraps up, digital currency prices stand significantly higher than where […] Source CryptoX Portal
As Bitcoin investors eye a potential “January effect,” where financial assets often rally as portfolios are reset, crypto.news takes a look at recent headlines as part of our weekly recap. No ‘Santa Claus rally’ for Bitcoin Terraform, FTX updates Cambodia… Original
The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker’ rules issued by the Treasury and the IRS. The coalition asserts that these rules are unconstitutional and represent regulatory overreach by these agencies. Crypto Coalition Files Lawsuit to Push Against IRS […] Source CryptoX Portal
The National Bank of Cambodia (NBC) has issued new regulations on crypto-related activities. The directive, dated Dec. 26, mandates that individuals or entities involved in crypto asset transactions, such as fund mobilization, trading, and settlements, must obtain a license from the relevant authorities. Engaging in these activities without authorization may result in penalties under Cambodia’s […] Source CryptoX Portal
Este artículo también está disponible en español. You could argue that the cryptocurrency market maintains its confidence despite the Bitcoin price experiencing a significant drop to $94,000. Although price action says otherwise, this confidence is highlighted through various predictions from crypto analysts on social media and on TradingView, which cuts across various cryptocurrencies. Amidst the price decline and market optimism, the Crypto Market Fear and Greed Index continues to point to greed, which leans toward the idea of a momentary dip before a broader recovery. Bitcoin Price Crash Stalls Bullish…
Este artículo también está disponible en español. Digital asset and blockchain company Galaxy Research, led by head of research Alex Thorn, has released a forecast for 2025, predicting significant price movements and regulatory changes across major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Bitcoin On Track For $185,000 By Year-End 2025 According to Galaxy Research, Bitcoin is poised to exceed $150,000 in the first half of 2025 and may reach or surpass $185,000 by the end of the year. This bullish outlook is underpinned by a combination of…