Category : Cryptocoins News

Cryptocoins News

Crypto Hack Losses Fall in December, but 2024 Ends Up 40%

Crypto hacks and scams took a surprising downturn in December 2024, marking the lowest monthly losses of the year. After months of escalating attacks, which peaked in October, December's losses dropped to $29 million, according to a recent report by...

This Wall Street Bitcoin Miner Produced $192M Worth of BTC in 2024

Publicly listed Wall Street Bitcoin (BTC) miner Bitfarms (NASDAQ: BITF) ended 2024 with increased mining hashrate and USD revenues, despite a 41% drop in production compared to the previous year.Bitfarms Doubles Hashrate, Signals Major U.S. Market Pu...

Why Dogecoin Price Is Surging: Breaking News and Price Analysis for January 2025

The cryptocurrency market kicks off 2025 with Dogecoin (DOGE) price maintaining strong momentum, trading at $0.34 as it solidifies its position as the seventh-largest cryptocurrency by market capitalization. With a market cap exceeding $50 billion an...

KuCoin Facilitates Crypto Payments at POS with QR Codes: Lowers Costs

KuCoin has launched KuCoin Pay, a new merchant solution aimed at integrating cryptocurrency payments into the retail sector. The platform offers contactless, borderless transactions, bridging traditional retail and crypto. With over 37 million global...

Why Is XRP Going Up Today? Analysts Forecast $5 by 2025

XRP, a cryptocurrency associated with Ripple, experienced a significant price drop below $2.00 last week. However, it has since shown signs of recovery, driven by a bullish reversal pattern at a key support level.According to CoinGecko, XRPUSD has ri...

Why Is XRP Going Up Today? Analysts Forecast $5 in 2025

The Rise of $FU: The First and Only Two-Letter Memecoin Taking the Meme World by Storm

Dominated by Memecoins and barely acknowledged altcoins, the fast-changing world of cryptocurrency has $FU shine like a star in innovation and strength within the community. The first and only two-letter Memecoin, just three months into its release o...

Render Network Achieves Milestones and Expands Capabilities in 2024

Render Network's 2024 achievements include token upgrades, expanded 3D tool support, AI integrations, and significant community growth, setting the stage for 2025. (Read More)

China Brings New Forex Rules to Tighten Crypto Trades

The authorities in China have introduced new rules requiring banks to flag risky transactions, including those involving cryptocurrencies. This makes it more difficult to buy and sell Bitcoin and other cryptocurrencies using the yuan.“Risky” Crypto T...

Hong Kong Monetary Authority Promotes Electronic Lai-see for Chinese New Year 2025

The Hong Kong Monetary Authority encourages electronic lai-see to promote sustainability for Chinese New Year 2025, with new note exchange services available. (Read More)

Ripple’s (XRP) bullish signals point to a $5 breakout, but here’s why a token under $1 could steal the spotlight

With its recent bullish signals, many believe that Ripple (XRP) can finally achieve the $5 mark. But as XRP becomes the subject of attention again because of this price breakout, Rexas Finance, priced under a dollar, can potentially provide even grea...

Crypto Prime Broker FalconX to Acquire Derivatives Startup Arbelos Markets

FalconX, a cryptocurrency prime brokerage firm, is in advanced talks to acquire Arbelos Markets, a crypto derivatives startup launched in 2023 by two industry veterans, Joshua Lim and Shiliang Tang, Bloomberg reported today (Wednesday).A Cash and Sto...

Swiss Group Floats Proposal to Mandate Central Bank for Bitcoin Reserves

A new proposal, seeking to constitutionally mandate the Swiss National Bank (SNB) to hold Bitcoin on its balance sheet, was officially registered in Switzerland’s Federal Gazette on 31 December 2024.Accumulating the SignaturesGiw Zanganeh, Tether’s V...

Countdown to iDEGEN’s listing begin as XRP, Solana bullish trend stalls

The world is filled with excitement over the new year and crypto investors have more than one reason to be thrilled. In addition to the highly anticipated Bitcoin-led bull run, meme coin enthusiasts are keen on iDEGEN’s listing slated for 1st J...

This Shiba Inu (SHIB) alternative could create the next big wave of crypto millionaires

Following its explosive climb, Shiba Inu gained household recognition in the market in 2021. Beginning the year at barely $0.0000000001 per coin, SHIB shot to an all-time high of $0.00008616 by October 28, 2021. This astounding rise of about 51,000,0...

Will XRP Reach $10 in 2025? Price Shows Mixed Signals at New Year’s Eve

It is New Year’s Eve, and XRP is flashing mixed signals despite its strong performance in 2024. The payment-focused cryptocurrency currently trades at $2.12, representing a price surge of 5% despite weekly losses of 8%, according to CoinMarketCap dat...

Montenegro completes Do Kwon’s extradition to the US

Montenegro has completed the extradition of Do Kwon, the founder of collapsed crypto project TerraUSD/Luna. Kwon was arrested in Montenegro in 2023 and unsuccessfully fought extradition to the US. He is also wanted in South Korea over Terra’s...

Montenegro Extradites Do Kwon to the US, Prioritizing Fraud Charges

Montenegro extradited Terraform Labs Co-Founder Do Kwon to the United States today (Tuesday), according to the country's interior ministry. Kwon, a South Korean national, was the CEO of Terraform Labs, the company behind TerraUSD, a stablecoin that c...

CySEC Outlines Transitional Rules for Crypto-Asset Service Providers Under MiCA

The Cyprus Securities and Exchange Commission (CySEC) has provided updated guidance for Crypto-Asset Service Providers (CASPs) operating under the transitional provisions of the Markets in Crypto-Assets Regulation (MiCA). This announcement builds on...

Hong Kong's Mortgage Market Sees Uptick in November 2024

Hong Kong Monetary Authority reports a 9.7% increase in mortgage applications for November 2024, with loans approved reaching HK$24.2 billion. (Read More)

This Bitcoin Miner from Wall Street Trades Canadian Roots for Texas Territory

The publicly listed Bitcoin (BTC) miner from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) announced today (Tuesday) its strategic decision to relocate its headquarters from Vancouver, Canada to San Antonio, Texas. This marks a shift in the c...

Former Bithumb CEO Goes to Prison for Accepting Bribes to List Crypto

Lee Sang-jun, the former CEO of South Korean crypto exchange Bithumb, has been sentenced to two years in prison for his involvement in the bribery and market manipulation scheme. Along with him, the South Korean court also sent Ahn Sung-hyun, a well-...

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