Cryptocurrency News

January, 2025

• 1 January

  Solana Surges: December DEX Volume Breaks $100B Despite Bear Market

  

  While much of the crypto market wrestled with bearish trends in December, Solana emerged as a beacon of resilience. Its decentralized exchange (DEX) ecosystem recorded an impressive milestone, surpassing $100 billion in trading volume, signaling robust user engagement and network activity. Key Highlights: DEX Dominance Amid Market Turmoil Despite macroeconomic challenges and bearish sentiment, Solana’s DEX platforms showed sustained growth. …

December, 2024

• 31 December

  Ethereum Price Dips to $3,000: Why a Rebound Is On the Horizon

  

  Ethereum (ETH) has experienced a notable price drop, dipping back to the $3,000 mark after reaching higher levels earlier this year. While this recent decline has sparked concerns among investors, many experts believe that the second-largest cryptocurrency by market capitalization is primed for a potential rebound. Here’s why Ethereum’s price may soon recover and continue its upward trajectory. The Current …
• 31 December

  Chechnya Threatens to Jail Illegal Crypto Miners ‘Like Terrorists

  

  Chechnya’s leader, Ramzan Kadyrov, has issued a stark warning to individuals engaged in illegal cryptocurrency mining, stating that they will be treated “like terrorists” and face severe consequences. The statement comes amid growing concerns over the environmental impact and security risks associated with unauthorized crypto mining operations in the Russian region. A Tough Stance on Illegal Mining Kadyrov’s remarks are …
• 31 December

  China’s Central Bank Spotlights Hong Kong’s Crypto Licensing in 2024 Report

  

  In its latest annual report for 2024, China’s central bank, the People’s Bank of China (PBOC), has highlighted Hong Kong’s progressive approach to cryptocurrency licensing, signaling a growing recognition of the special administrative region as a global hub for digital asset regulation. The report comes at a time when global interest in cryptocurrency regulations is intensifying, with countries striving to …
• 31 December

  Solana Price Under Pressure: Co-Founder Sued for Alleged Staking Reward Theft

  

  The price of Solana (SOL) has come under increased scrutiny after a legal battle involving one of its co-founders, who is being sued for allegedly stealing millions of dollars in staking rewards. The lawsuit, which has sent shockwaves through the cryptocurrency community, has raised serious questions about the governance and transparency of the Solana blockchain, putting pressure on the project’s …
• 31 December

  New York Judge Postpones Trial Between CFTC and Gemini Trust Company

  

  A New York judge has decided to delay the start of the highly anticipated trial between the U.S. Commodity Futures Trading Commission (CFTC) and Gemini Trust Company. The trial, which was set to address significant legal questions surrounding the regulation of cryptocurrency derivatives, will now begin at a later date, marking another chapter in the ongoing legal scrutiny of the …
• 31 December

  Tether Transfers $780M in Bitcoin to Reserve in Largest Move Since March

  

  In a major development that has caught the attention of the cryptocurrency market, Tether, the issuer of the world’s largest stablecoin by market capitalization, has moved $780 million worth of Bitcoin to its reserves. This transaction marks the largest movement of Bitcoin into Tether’s reserves since March and has sparked significant speculation about the company’s future plans and the stability …
• 31 December

  MicroStrategy Extends Bitcoin Buying Spree with 2,138 BTC Acquisition

  

  MicroStrategy, the business intelligence firm led by Michael Saylor, has continued its aggressive Bitcoin acquisition strategy, adding 2,138 BTC to its holdings in a recent purchase. The move further solidifies the company’s position as the largest corporate holder of Bitcoin, with total holdings now surpassing 130,000 BTC. A Strategic Investment MicroStrategy’s latest acquisition of Bitcoin comes at a time when …
• 31 December

  Vietnamese Police Uncover $1M Crypto Scam, Rescue 300 Victims

  

  Vietnamese authorities have successfully dismantled a cryptocurrency scam operation that defrauded investors of over $1 million, safeguarding more than 300 victims in the process. The bust highlights the growing sophistication of crypto-related fraud and the challenges law enforcement faces in combating such crimes. The Scam Unveiled The operation, orchestrated by a group of tech-savvy criminals, promised high returns through investments …
• 31 December

  Janover Revolutionizes Real Estate: A.I. Platform to Accept Bitcoin Payments

  

  Janover, a trailblazing A.I.-driven real estate platform, is making waves in the property tech industry with its decision to accept Bitcoin as a payment method. This bold move positions Janover at the intersection of artificial intelligence, real estate, and cryptocurrency, reshaping how real estate transactions are conducted in the digital age. Bridging Real Estate and Cryptocurrency Known for its innovative …