Cryptocurrency News

20 January

Trump Meme Coin Loses $6B in Market Value Ahead of Inauguration

The Trump Meme Coin, once riding high on a wave of political hype and cryptocurrency speculation, has experienced a dramatic drop in market value just days before former President Donald Trump’s swearing-in. After an initial surge that captured the attention of both crypto enthusiasts and Trump supporters, the coin’s market cap has plummeted by a staggering $6 billion, raising questions …

20 January

Siberian Energy Wars: 400 Crypto Miners Face Legal Action

A major Siberian power firm is taking legal action against 400 alleged illegal cryptocurrency miners, accusing them of unauthorized energy consumption and straining the region’s power grid. This crackdown highlights the growing tension between traditional energy providers and the booming, yet often unregulated, crypto mining sector. The Crackdown on Illegal Crypto Mining The energy company, which supplies electricity to several …

20 January

Hacking Fears Soar as Trump Endorses Solana Meme Coin Pre-Inauguration

In a surprising turn of events, former President Donald Trump has publicly endorsed a Solana-based meme coin just days before his upcoming inauguration. While the announcement has ignited excitement among crypto enthusiasts, it has also raised significant cybersecurity concerns within the industry. Trump’s Endorsement Shakes Crypto Markets Trump’s endorsement of the meme coin, which he touted as “the future of …

19 January

Bitcoin Soars Past $100K, Ripple (XRP) Breaks $3 as Crypto Market Turns Bullish

The cryptocurrency market is witnessing a remarkable resurgence, with Bitcoin soaring above $100,000 and Ripple’s XRP breaking the $3 mark. These impressive price movements have sparked renewed optimism in the digital asset space, signaling a potential bull market after a prolonged period of uncertainty. Bitcoin’s Stellar Climb Bitcoin’s recent surge past the $100,000 mark has once again solidified its position …

19 January

New TRUMP Meme Coin Set to Soar to $100 Billion by Inauguration Day – But Is It Sustainable?

In a move that’s taking the cryptocurrency world by storm, a newly launched Trump-themed meme coin has sparked excitement and speculation about its potential market cap. With the upcoming inauguration day looming, some predict that the coin could surge to an eye-popping $100 billion in value. But while the hype surrounding this digital asset is undeniable, the key question remains: …

19 January

SEC Charges DCG and Genesis, Imposes $38M Fine for Investor Deception

In a major crackdown on cryptocurrency firms, the U.S. Securities and Exchange Commission (SEC) has filed charges against Digital Currency Group (DCG) and its subsidiary Genesis Global Capital for misleading investors regarding the risks associated with their financial products. The SEC has also imposed a $38 million fine on the two companies, marking one of the largest penalties in the …

19 January

Wyoming and Massachusetts Unveil Groundbreaking Bitcoin Reserve Legislation

In a historic move that could shape the future of cryptocurrency regulation in the United States, the states of Wyoming and Massachusetts have jointly proposed groundbreaking legislation aimed at establishing strategic Bitcoin reserves. This ambitious proposal seeks to integrate Bitcoin as a key asset in state-level financial strategies, signaling growing institutional interest in the cryptocurrency and its potential role in …

19 January

MicroStrategy Seeks Bold Move: Proposes Expanding Authorized Shares to 10.33 Billion

In a surprising move, MicroStrategy has proposed a substantial increase in its authorized shares, seeking approval to raise the cap to an unprecedented 10.33 billion. This decision has generated significant attention from investors, analysts, and the broader financial community, sparking debates about the company’s future strategy and its ongoing commitment to Bitcoin acquisition. The Proposal Explained MicroStrategy, a business intelligence …

19 January

Boerse Stuttgart Makes History as First German Crypto Provider with MiCA License

In a groundbreaking move for the European crypto industry, Boerse Stuttgart has become the first German crypto provider to secure a license under the Markets in Crypto-Assets (MiCA) regulation. This milestone is a significant achievement not only for Boerse Stuttgart but also for the broader crypto ecosystem in Germany and the European Union (EU), setting the stage for greater regulatory …

19 January

Coinbase CEO Brian Armstrong Champions Global Bitcoin Reserve Initiative

Brian Armstrong, the CEO of Coinbase, has publicly endorsed the Global Bitcoin Strategic Reserves Initiative (GBSRI), a movement aiming to establish Bitcoin as a key asset in global financial systems. This bold proposal could reshape the role of Bitcoin in the global economy, elevating it from a speculative asset to a cornerstone of national and institutional reserves. What is the …