Tag: Crypto

In a fortunate move, the Vietnamese authorities were able to successfully dismantle a large-scale cryptocurrency scam orchestrated by a company called ‘Million Smiles,’ protecting nearly 300 potential victims from financial exploitation. The scheme, built around a fictitious token called QFS (Quantum Financial System), had already swindled approximately $1.17 million...

XRP (CRYPTO: XRP) might have retraced sharply in recent days, but one influential analyst on Monday predicted massive upsides for the payment-focused cryptocurrency in 2025. What happened: Ali Martinez, a well-known chartist, observed a “promising setup” for XRP, prompting him to set a price target of $11. Martinez identified...

Cointelegraph takes a look back at three absurd memecoins launched this year, some which immortalized viral moments and one which was just hot air....

Spot Bitcoin (BTC) exchange-traded funds (ETFs) registered their first red weekly performance in a month during Christmas Week, their worst performance since September. However, analysts noted that the ETF industry saw its best year yet. Bitcoin ETFs Receive Charcoal For Christmas As the year ends, Bitcoin ETFs have registered...

Controversial figure Martin Shkreli issued a stark warning for Bitcoin (CRYPTO: BTC) proxy stock, MicroStrategy Inc. (NASDAQ:MSTR), on Monday, predicting its potential liquidation and a significant Bitcoin surge. What Happened: Shkreli, popularly known as “Pharma Bro,” took to X to vent his thoughts on MicroStrategy’s ongoing downturn, which has resulted in...

A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he refused three summons requests from investigators....

Leading digital asset manager Grayscale Investments broadened its Top 20 list of cryptocurrencies on Monday by adding six new tokens with strong growth potential for the upcoming quarter. What Happened: Grayscale added Layer-1 blockchain token Hyperliquid (HYPE), decentralized stablecoin protocol Ethena (CRYPTO: ENA), AI agent creator Virtuals Protocol (VIRTUAL), decentralized exchange...

MicroStrategy continues its Bitcoin (BTC) buying spree. The business intelligence firm scooped 2,138 BTC for $209 million in its latest purchase, pushing its total holdings to 446,400 BTC. MicroStrategy Ends 2024 With Another Bitcoin Buy In an announcement made today, the US-based company stated it had further bolstered its...

Leading coins moved further south Monday as traders turned to profit-taking ahead of the New Year.  Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -1.05% $92,439.45 Ethereum (CRYPTO: ETH)                -1.23% $3,340.67 Dogecoin (CRYPTO: DOGE)           -0.67% $0.3138 What Happened: Bitcoin had a bumpy morning, dipping to a...

The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong...