Cryptocurrency News

30 December

ETH Takes the Lead: 75% Long-Term Holders Signal Shift from Bitcoin

Ethereum is experiencing a surge in long-term investor confidence, with 75% of ETH holders projected to hold their assets beyond the one-year mark by the end of 2024. This represents a significant increase in Ethereum’s appeal to long-term investors, outpacing Bitcoin, which is seeing a decline in its percentage of diamond-hand holders. The shift reflects changing investor sentiment and the …

30 December

Hackers Disguise as Recruiters to Target Crypto Wallets with Malware

Cybercriminals are adopting increasingly sophisticated tactics to target unsuspecting cryptocurrency users. In their latest scheme, hackers are impersonating recruiters from reputable organizations to lure victims into downloading malicious software. This malware is designed to steal sensitive information, including private keys and wallet credentials, putting users’ digital assets at risk. The trend highlights the growing need for vigilance in the cryptocurrency …

30 December

Malaysia’s SEC Shuts Down Bybit’s Operations Amid Regulatory Pressure

In a significant move within the cryptocurrency space, Malaysia’s Securities Commission (SC) has ordered Bybit, one of the world’s largest cryptocurrency exchanges, to cease its operations in the country. The decision comes as part of Malaysia’s broader regulatory efforts to ensure that cryptocurrency exchanges operate in full compliance with local laws. The shutdown of Bybit’s Malaysian operations has raised concerns …

30 December

Japan’s Crypto Rules Set for Change: Regulator Calls for New Classifications”

In a move that could reshape the landscape of cryptocurrency regulation, Japan’s financial regulator is calling for a reevaluation and overhaul of its classification system for digital assets. The proposal aims to better define how different types of cryptocurrencies and tokens should be treated, potentially ushering in a new era of regulation that balances innovation with investor protection. This shift …

30 December

Michael Saylor Drops Bitcoin Hint: Big Purchases Expected Before 2024 Ends”

Michael Saylor, the influential Bitcoin advocate and former CEO of MicroStrategy, has hinted at increasing his company’s Bitcoin holdings before the end of 2024. With MicroStrategy already holding over 100,000 BTC, Saylor’s bold move is set to have a significant impact on the market, further cementing his reputation as one of the most prominent figures in the Bitcoin space. A …

30 December

Bitcoin to Join ECB Reserves? Former German Finance Minister Makes the Case

In a bold and forward-thinking proposal, former German Finance Minister, [Insert Name], has urged the European Central Bank (ECB) to consider adding Bitcoin to its reserves. This recommendation is part of a growing conversation about the role of digital assets in central banking and the evolving future of money. Bitcoin, once viewed as a speculative asset, is increasingly seen as …

30 December

Squid Game Tokens Rise Again: Netflix Show’s Legacy Boosts Crypto Surge

The buzz surrounding Netflix’s Squid Game has not only captivated audiences worldwide but also sparked a revival in the cryptocurrency market. After a turbulent start, Squid Game tokens are making a comeback, fueled by the show’s continued popularity and the growing trend of pop culture-driven cryptocurrencies. This article explores how the legacy of Squid Game is influencing the rise of …

30 December

Solana Breaks Records: DEX Trading Volume Tops $100B Despite Bearish December”

In December 2024, Solana’s decentralized exchanges (DEXs) achieved a significant milestone by surpassing $100 billion in trading volume for the second consecutive month. This performance underscores Solana’s growing prominence in the decentralized finance (DeFi) sector, even amid broader market downturns. Key Highlights: Record-Breaking DEX Volume: Solana’s DEXs processed over $100 billion in December, with Radium leading the pack with $59.642 …

30 December

Future of Finance: Hong Kong Legislator Wants Bitcoin in National Reserves

How Hong Kong’s forward-thinking legislator, Wu Jiexhuang, is pushing to include Bitcoin in the city’s national reserves, comparing this idea with the experiences of other nations like El Salvador. The piece could analyze the implications for Hong Kong’s financial landscape, including its potential to attract global investments and talent. “The Future of Finance: How Bitcoin Could Revolutionize National Reserves” Focusing …

30 December

Why Investors Are Choosing Lightchain AI Over Dogecoin and Tron: The Next Big Crypto Bet?

Why Investors Are Flocking to Lightchain AI Over Dogecoin and Tron: The Future of Crypto Innovation As the cryptocurrency market matures, investors are constantly on the lookout for the next breakthrough token. While established names like Dogecoin (DOGE) and Tron (TRX) continue to hold significant market presence, a new contender, Lightchain AI (LCAI), is quickly rising in popularity. With its …