These Altcoins Lead the Market Recovery as Bitcoin Gains $5K (Market Watch)
Bitcoin’s adventure below $100,000 didn’t last long as the asset reclaimed that level in the past 12 hours and even spiked to over $103,000 earlier today. The altcoins have also recovered from the Monday morning crash, with some, such as XRP, DOGE, and ADA, posting notable gains. BTC Eyes...
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KuCoin Pleads Guilty To Unlicensed Operations, Settles for $300M As Founders Resign
KuCoin, a prominent cryptocurrency exchange, has pleaded guilty to operating an unlicensed money-transmitting business in the United States. As part of a settlement with US authorities, KuCoin agreed to pay nearly $300 million and will exit the US market for the next two years. The exchange’s founders, Michael Gan...
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US Senate Confirms Trump’s Pick Billionaire Scott Bessent As Treasury Secretary
The US Senate has officially confirmed Scott Bessent, a billionaire hedge fund manager and Donald Trump’s nominee, as the next US Treasury Secretary. The 27 January 2025 vote concluded with 68 senators in favor and 29 opposed, with 16 Democrats crossing party lines to support Bessent’s nomination. Ripple CEO Brad Garlinghouse...
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Ethereum Adoption Still Strong: New Addresses See Largest Spike In 27 Months
On-chain data shows a large amount of new addresses have popped up on the Ethereum network recently, a sign that ETH adoption is occurring. Ethereum Network Growth Registered A Sharp Spike Recently In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend...
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HIVE Digital buys Bitfarms’ Paraguay site for $56m, targets 25 EH/s by Q3
HIVE Digital has signed a multi-million deal to acquire a 200 MW mining site in Paraguay, with plans to achieve 25 EH/s by September. Canadian Bitcoin (BTC) mining giant HIVE Digital is set to acquire Bitfarms‘ 200 MW hydro-powered mining…...
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IRS secures first crypto tax fraud conviction, setting legal precedent
For the first time, the IRS has successfully prosecuted a case of tax fraud solely involving crypto. The U.S. Internal Revenue Service has won a major victory, setting a legal precedent in the fight against crypto-related tax fraud. In December…...
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Binance will support Plomin hard fork and Cardano’s new network upgrade
Binance has announced that it is supporting the upcoming network upgrade and hard fork of Cardano, which is set to take place tomorrow, on Jan. 29, 2025, at around 21:45 UTC. ...
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Here’s why analysts believe TRUMP may have bottomed
After remaining in a downtrend for the past eight days, TRUMP may have bottomed at $25, according to analysts. According to analyst Andrew Kang, who has over 354k X followers, Official Trump (TRUMP) likely hit its bottom at $25 on…...
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Bitcoin Records Double-Digit Gains in 8 of 12 Februaries: Will History Repeat?
Eight of the past twelve months of February going back to 2013 have seen double-digit gains for Bitcoin, according to Coinglass. The average gain for the second month of the year is 15.6%. Moreover, only two Februaries over the past twelve years have been months of decline, namely in...
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Bitget Wallet Launches PayFi for Seamless Digital and Real-World Payments
Bitget Wallet has introduced PayFi, a platform designed to connect blockchain technology with everyday financial needs. Source: https://www.bitget.com/academy/bitget-wallet-introduction PayFi allows users to store, spend, and transfer digital assets easily. It aims to make cryptocurrency practical for daily use, whether for […] The post Bitget Wallet Launches PayFi for Seamless...
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