Bitcoin has pulled back near $95,000, indicating that the bears are trying to strengthen their position. A minor advantage in favor of the bulls is that the US spot Bitcoin exchange-traded funds witnessed inflows of $52.4 million on Jan. 7, even whe
AI agent platform Virtuals Protocol suffered a hack to its Discord server on Jan. 8, and several fraudulent links purporting to be the Virtuals Protocol website were posted on Google Search.According to the Virtuals team, one of the Discord group’s m
Bitcoin’s price troubles continued in the past few hours, as the asset slumped below another support zone – this time the $94,000 mark.This comes amid changing tides within the crypto community’s sentiment regarding the ongoing bull run and whether i
Movement Labs, a Web3 startup building an Ethereum layer-2 (L2) network, is preparing to close a venture financing round expected to raise $100 million, according to a Jan. 8 report by Fortune. The venture round would reportedly value Movement at app
Departing U.S. Securities and Exchange Commission Chair Gary Gensler said he is proud of the work the agency has done and says there is still "work to be done" less than two weeks before he is set to leave the agency.During a Bloomberg TV interview o
Revolut has partnered with Pyth Network to contribute its price data to the decentralized finance (DeFi) ecosystem. This collaboration allows Revolut to serve as a data publisher for Pyth, providing trusted price information to market participants.Re
Ripple president Monica Long expects its Ripple USD (RLUSD) stablecoin to be listed on major crypto exchanges “imminently.”In a Jan. 7 interview with Bloomberg, Long confirmed that Ripple is actively pursuing additional exchange listings for RLUSD.
(TheNewswire)January 7th, 2025 – TheNewswire – Burlington,Ontario In the Californian Gold Rush of 1848, Samuel Brannanowned the only store between San Francisco and the major golddeposits. According to legend, he bought up all the shovels, picks and
Today in crypto, BitMEX co-founder Arthur Hayes predicted $612 billion in new liquidity to the United States Treasury by March 2025 may counterbalance any regulatory disappointment from the incoming administration of President-elect Donald Trump, Fid
You've certainly heard that Bitcoin (BTC) miners require a lot of energy to operate, but they also give off a lot of heat. Wall Street crypto miner Canaan (NASDAQ: CAN) decided to take advantage of this by introducing a combination of miners with… ho
South Korean regulators are moving forward with plans to approve cryptocurrency investment by institutional investors, according to local media reports.The South Korean Financial Services Commission (FSC) has announced plans to gradually roll out cor
On Jan. 7, Ripple President Monica Long discussed her company’s strategic direction during an interview with Bloomberg TV. She highlighted Ripple’s ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional
Last year was historic for the crypto industry, and many believe 2025 will drastically outperform 2024. With this anticipated growth also comes the expectation of increased mass adoption, but the rapid financialization of the crypto sector has some p
San Francisco-based blockchain development firm Movement Labs is reportedly close to finalizing a Series B round targeting $100 million.The round will be co-led by CoinFund and Nova Fund — part of hedge fund Brevan Howard’s digital assets arm, Fortun
Thailand plans to trial cryptocurrency payments in Phuket, one of its most popular tourist destinations, as part of a pilot program offering foreign visitors an alternative payment option.Deputy Prime Minister and Finance Minister Pichai Chunhavajira
Movement Labs is nearing completion of a $100 million Series B funding round that would value the blockchain development firm at approximately $3 billion, Fortune reported Wednesday, citing sources familiar with the deal.The report said that a Moveme
America’s leading crypto exchange Coinbase has managed to score a massive legal win in its longstanding brawl with Gary Gensler’s Securities and Exchange Commission (SEC).Coinbase has been granted permission to pursue a rare interlocutory appeal whil
Kazakhstan took down 36 illegal cryptocurrency exchanges in 2024 amid ongoing efforts to combat money laundering in the region, a drop of 96% from 2023.On Jan. 6, the Financial Monitoring Agency of the Republic of Kazakhstan announced the shutdown of
Hyperliquid has been lauded for delivering the best and most lucrative airdrop launch in crypto history back in November, by excluding VCs and rigorously encouraging community involvement.Still, experts caution that other projects trying to copy the
Bitcoin could benefit from more than $612 billion in new liquidity during the first quarter of 2025, potentially mitigating investor concerns over delayed crypto regulations in the United States.Bitcoin fell nearly 6% in the 24 hours leading up to 8