Today's Crypto and Bitcoin News

Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.

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2024/12
Today

15h ago

World Liberty Financial Buys $2.5M ETH Amid Market Downturn

Citing Coinpaper, World Liberty Financial, a DeFi project linked to Donald Trump's family, purchased 722.213 ETH for $2.5 million USDC via Cow Protocol. This acquisition comes after a market downturn triggered by a Federal Reserve rate cut. The project's Ethereum holdings now total 15.595k ETH, valu...

15h ago

Tether CEO Projects Over $10 Billion Net Profit for 2024

Derived from @wublockchain12, Tether Holdings Ltd. CEO Paolo Ardoino stated in an interview with Bloomberg that the company's net profit for this year is expected to exceed $10 billion. According to CoinMarketCap, USDT's market capitalization has increased by nearly $50 billion this year, now surpas...

15h ago

78% of Litecoin Addresses Hold LTC for Over a Year Amid Price Decline

According to AMBCrypto, 78% of Litecoin (LTC) addresses have held their assets for over a year, anticipating further price growth despite recent declines. Litecoin's price has dropped significantly, with a 11.09% decline in the past 24 hours and a 20.12% decrease over the past week, currently tradin...

16h ago

Google to Update Cryptocurrency Ad Policies in January 2025

As reported by @wublockchain12, Google has announced an update to its financial products and services policy, specifically concerning cryptocurrency and related products. The new policy, set to take effect on January 15, 2025, will outline the scope and requirements for advertising cryptocurrency-re...

16h ago

Coinbase Predicts Tokenization and DeFi as 2025 Key Themes

According to CryptoSlate, Coinbase anticipates that tokenization and decentralized finance (DeFi) will emerge as significant themes in 2025. This prediction aligns with the expectation of pro-crypto policies that could foster growth and innovation in these areas. Coinbase's outlook suggests that the...

17h ago

BTC, ETH, and SOL Face Record Liquidations

As reported by @Utoday_en, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are experiencing significant market pressure as liquidation volumes reach unprecedented levels. This development highlights the volatility and risk present in the cryptocurrency market, affecting major digital assets. The rep...

17h ago

Kraken and Ondo Each Donate $1M to Trump's Inauguration

As reported by Cointelegraph, cryptocurrency exchange Kraken and financial technology company Ondo have each donated $1 million to the inauguration of President-elect Donald Trump. This significant contribution highlights the involvement of major players in the cryptocurrency and fintech sectors in ...
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12/20/2024 23:00:31

Solana Transactions Surge to 70M, SOL Struggles Below $200 Amid Market Pressure

According to The Coin Republic, Solana's network transactions have surged close to 70 million daily transactions earlier this week, marking a significant increase from the previous month's 60 million. Despite this rise, Solana's native coin, SOL, has struggled to regain its bullish momentum, dipping...

12/20/2024 22:30:31

$RUM Surges After $775M Investment from Tether

According to @CoinDesk, the stock $RUM experienced a significant surge in after-hours trading on Friday. This increase followed the announcement of a substantial $775 million investment from Tether, a major player in the stablecoin market. The investment news has evidently boosted investor confidenc...

12/20/2024 20:45:22

USYC Surpasses $1 Billion Market Value, Overtakes BlackRock's BUIDL

As per @CoinDesk, Hashnote Labs' USYC has surpassed BlackRock's BUIDL to become the first tokenized Treasury with a market value exceeding $1 billion. This milestone is attributed to the increasing demand for Usual Money's USD0 stablecoin. The report by Krisztian Sndr highlights the significant grow...

12/20/2024 20:30:21

Bitwise CIO Sees Bitcoin's 10% Correction as Buying Opportunity

Citing The Street Crypto, Bitwise Chief Investment Officer Matt Hougan views Bitcoin's recent 10% price correction as a buying opportunity rather than a cause for concern. Despite the slide to $96,000, Hougan emphasizes the continued strength of the crypto market, supported by institutional interest...

12/20/2024 19:46:18

Crypto Market Corrects as Bitcoin Drops 4.6% Amid Fed's Economic Outlook

In accordance with DailyCoin, the cryptocurrency market experienced a significant correction following the Federal Reserve's latest economic outlook. On Friday night, major cryptocurrencies, including Bitcoin, Dogecoin, Solana, Cardano, and Ethereum, saw sharp declines. Bitcoin dropped 4.6% to $95,8...

12/20/2024 19:45:28

EU Exchanges Face Tether Delistings Amid MiCA Regulations by Dec 30

According to BeInCrypto, European exchanges are preparing to delist Tether (USDT) due to the upcoming Markets in Crypto Assets (MiCA) regulations. The delisting deadline is set for December 30, 2024. This move is expected to impact the EU market's ability to benefit from the ongoing crypto bull mark...

12/20/2024 19:15:28

Scaramucci Predicts Some Altcoins May Have Seen Their 'Last Hurrah'

In accordance with U.Today, Anthony Scaramucci, founder of SkyBridge Capital, has suggested that some altcoins may have already experienced their 'last hurrah' amid recent market corrections. This statement comes as various altcoins faced double-digit losses within 24 hours, and Bitcoin's price drop...

12/20/2024 19:15:19

Metallicus Acquires Bonifii, Expands Blockchain Solutions to 80+ Credit Unions

Derived from CoinTelegraph, Metallicus, a digital banking and blockchain platform, has acquired Bonifii, a fintech service company connected to 70 credit unions. This acquisition aims to integrate Metal blockchain solutions into Bonifii's portfolio, potentially expanding Metallicus' reach to over 80...

12/20/2024 18:16:41

Ethereum Devs Discuss 2024 Gas Limit Increase Plans

Derived from @Blockworks_, Ethereum's All-Core Devs held their final call of 2024, focusing on plans to raise the gas limit. This discussion is crucial for the Ethereum network as it directly impacts transaction processing capabilities and fees. The meeting provided key updates on the proposed chang...

12/20/2024 17:47:12

Quantum BioPharma Invests $1M in Bitcoin, Stock Drops 10%

According to CoinTelegraph, Quantum BioPharma, a biopharmaceutical company, announced on December 20, 2024, that it has invested $1 million in Bitcoin and other cryptocurrencies as part of its treasury diversification strategy. This move led to a nearly 10% drop in the company's stock on the Nasdaq....

12/20/2024 17:45:39

VaultCraft's TVL Surges 5,600% to $100M, Leads DeFi Performance

Citing NFTgators, VaultCraft has emerged as the top performer in the DeFi sector this week, with its total value locked (TVL) increasing by over 5,600% in the past seven days. The protocol, which offers various yield strategies, saw its TVL rise from under $1.7 million on December 16 to a peak of $1...

12/20/2024 17:32:23

$BONK Nears 1T Token Burn Goal with Robinhood Listing Boost

Based on Solanafloor, the $BONK Burnmas campaign is close to achieving its goal of burning 1 trillion tokens. The campaign, which began on November 15, involves community activities that promote token scarcity. With four days remaining, the campaign is on track, burning an average of 26 billion toke...

12/20/2024 17:31:01

Rocket Lab's Record Year with 14 Launches Boosts RKLB Stock

As reported by The Tokenist, Rocket Lab USA, Inc. (NASDAQ: RKLB) is experiencing a record-setting year with 14 successful launches in 2024, surpassing its previous record of 10 in 2023. The company is preparing for its sixth mission for Synspective, part of a 16-mission contract, from Launch Complex...