Usual Protocol, an up-and-coming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past months, faced community backlash on Friday after a tweak in the protocol's yield-generating token triggered a sell-off on secondary m
Ethereum is up $57.99 today or 1.81% to $3266.25Snaps a three day losing streakDown 2.35% month-to-dateDown 2.35% year-to-dateDown 31.95% from its all-time high of $4800.00 on Nov. 9, 2021 (based on 5 p.m. levels)Up 29.48% from 52 weeks ago (Jan. 12,
Kenya’s Treasury Cabinet Secretary John Mbadi has said the country is preparing legislation to legalize cryptocurrencies, a shift from the government’s previous warnings against the industry."The emergence and growth of Virtual Assets (VAs) and Virtu
Bhutan, a small country in South Asia, is making big waves in the crypto world.The Kingdom, which populates roughly 770,000 people and lies between India, China and Nepal, just made headlines after one of its cities adopted a crypto reserve strategy.
It's Friday! With the weekend just around the corner, settle in as we get you up to speed on some usual—and unusual—news in the crypto space. In today's newsletter, a Usual Money update sparks community criticism, the UK clarifies its crypto staking
Recent figures reveal that cybercrime inflicted losses of $298 billion on German companies alone in 2024, with 90% of surveyed businesses expecting damages to rise further. The primary targets? Sensitive data like intellectual property, patents and u
By Vicky Ge HuangA new wave of exchange-traded funds holding bitcoin attracted about $37 billion of total net flows in their first year of trading, fueling a monster rally in the cryptocurrency along the way.Regulators greenlit the launch of the fund
Kenya is turning the page on its restrictive cryptocurrency policies with plans to legalize virtual assets. The Treasury Cabinet Secretary, John Mbadi, announced the move today (Friday) in what could market a shift in the East African country’s finan
Gala Games has announced a giveaway for three lucky winners to attend the MAHA Inaugural Ball in Washington, D.C., on January 20. Winners will receive exclusive perks, including:— One or two exclusive tickets to the event.— VIP Red Carpet Pre-Recepti
By Elsa OhlenBitcoin, XRP, and other cryptocurrencies were falling early Friday as strong employment data fueled investors' concern that the Federal Reserve will cut interest rates more slowly.Bitcoin dipped to $92,442 after the jobs numbers were re
1058 ET - Bitcoin stands to benefit from improved risk sentiment after Friday's stronger-than-expected U.S. nonfarm payrolls report, 21Shares crypto strategist Matt Mena says in a note. The data highlights the resilience of the labor market, alleviat
Al RootElon Musk is serious about his new government gig.The Washington Post reported Friday that the newly created pseudo-consultancy called the Department of Government Efficiency, or DOGE, has employees spreading throughout U.S. Federal agencies.
Crypto exchange Bybit said it will temporarily suspend its services for its users in India in response to regulation in the country.The Dubai based company intends to prevent its customers in India from being able to open new trades or access product
Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance the world's oldest blockchain's interoperability. In partnership with Bitcoin developers Fiamma, Babylon is u
MESSIER (M87) is about to start trading on BingX, a globally recognized exchange, on January 13, 2025. BingX is known for its vast user base and extensive support for many cryptocurrencies, making it a favorable platform for M87. With more traders ac
Bitcoin has experienced a significant decline this week, with the cryptocurrency dropping from its recent high above $100,000 to around $91,200. This sharp downturn has sent ripples through the entire crypto market, triggering substantial liquidation
Bitcoin rises marginally but remains below the key $100,000 level following its recent retracement. Earlier this week the cryptocurrency rose back above $100,000 but failed to sustain these levels for long. Optimism that U.S. President-elect Donald T
This week, the crypto market has witnessed a notable positive shift, particularly in prices for major alternative cryptocurrencies XRP, DOGE and XLM.These tokens are once again priced more or less the same on the Nasdaq-listed Coinbase, considered a
The employment market in the U.S. picked up steam in December, with job growth topping economist forecasts by a mile and the unemployment rate unexpectedly dipping.The economy added 256,000 jobs last month, the Bureau of Labor Statistics reported on
The cryptocurrency over-the-counter (OTC) market experienced unprecedented growth in 2024, with trading volumes more than doubling amid strong institutional adoption and favorable market conditions. Total OTC trading volume surged 106% year-over-year