Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million
The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC....
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Analyst Bullish on Shiba Inu, Sees 235% Surge Despite Recent Fall
The cryptocurrency market has shown resilience following a significant downturn, with Shiba Inu (CRYPTO: SHIB) leading the recovery. What Happened: A prominent market analyst predicts the dog-themed token could achieve a massive 235% rise, reaching a new yearly high of $0.00005816. The broader crypto market faced turbulence earlier this...
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Crypto And Bitcoin Go Mainstream In 2024: Here Are 5 Major Trends
There is no question that the cryptocurrency industry witnessed explosive growth in 2024, with the flagship cryptocurrency Bitcoin continuing to lead the market. Data shows that the total market capitalization of the crypto industry has more than doubled over the past year. While it has been challenging to find...
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UAE’s Bitcoin Holdings Soar to $40 Billion As Bull Season Continues
The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets. The implications of this growth are profound as the...
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Cathie Wood Predicts Bitcoin Boom: ‘More Scarce Than Gold,’ Eyeing $1 Million By 2030
Cathie Wood, CEO of ARK Invest, has reiterated her optimistic outlook on Bitcoin (BTC) in a recent interview with Bloomberg, suggesting that significant political and regulatory changes could propel the cryptocurrency to new heights. Bitcoin To Exceed $1 Million By 2030? With the election of Donald Trump, Wood anticipates...
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ASIC Targets Binance Australia Over Groundbreaking Case in Crypto Regulation
The Australian Securities and Investments Commission’s (ASIC) most recent action against Binance Australia marks a significant advancement in cryptocurrency regulation. The cryptocurrency community is in disbelief over this case, which will likely have a lasting impact on how digital currencies are governed in Australia and other nations. The Regulatory...
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USC Football Player Gets NIL Earnings In Bitcoin: ‘Setting Myself Up For Long-Term Financial Growth’
The ability for college athletes to be paid for their name, image and likeness in a blockbuster 2021 NCAA agreement has changed NCAA Football forever and will see one player get paid in Bitcoin (CRYPTO: BTC) in 2025, following other professional athletes into cryptocurrency. What Happened: Since the approval...
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$2.2 Billion Lost: Crypto Hacks Stolen Funds Surge 21% In 2024 – Report
This year, crypto hacks increased in the total value stolen and the number of attacks compared to last year. According to a recent report, the industry lost over $2 billion in the past 12 months, with over half of the funds allegedly being stolen by North Korean hackers. Crypto...
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SEC Greenlights First Hybrid Bitcoin And Ethereum ETFs From Franklin Templeton, Hashdex
Amid yesterday’s crypto market slump, the US Securities and Exchange Commission (SEC) approved the first-ever dual Bitcoin (BTC) and Ethereum (ETH) index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex. The ETFs are scheduled for launch in January 2025. SEC Approves First Dual Bitcoin-Ethereum Index ETFs For the first...
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Michael Saylor Unveils New Bitcoin Framework to Boost The US Leadership In Crypto
Michael Saylor, co-founder and chairman of business intelligence firm MicroStrategy, has unveiled a comprehensive crypto framework aimed at further integrating Bitcoin and other digital assets into the US economy. Shared via social media on Friday, Saylor’s proposal comes at a time of increasing institutional interest in cryptocurrencies and aims...
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