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
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12/20/2024 10:00:32
Ethereum Layer-2 Networks Drive $13.5B Stablecoin Surge as Market Hits $205B
As per a report on Cointelegraph, Ethereum layer-2 networks now hold a record $13.5 billion in stablecoins, reflecting the rising adoption of crypto assets in real-world transactions. According to data from Tie Terminal and Cointelegraph Markets Pro, the total stablecoin market capitalization has re...
12/20/2024 09:45:21
KuCoin Suspends Akropolis (AKRO) Deposits for User Safety
As reported by The KuCoin Team, KuCoin has temporarily suspended the deposit service for Akropolis (AKRO) as of 7:50:00 on December 20, 2024 (UTC). This decision was made to ensure the safety of user accounts and assets. KuCoin has not specified when the deposit service will be restored but assures ...
12/20/2024 09:30:29
KuCoin Futures to Delist BONDUSDT and BLZUSDT Contracts on Dec 24, 2024
Citing The KuCoin Team, KuCoin Futures will delist the BONDUSDT and BLZUSDT perpetual contracts at 06:00 UTC on December 24, 2024. Users are advised to close positions in advance to avoid potential losses. Open orders will be canceled, and positions settled at the average index price during the last...
12/20/2024 09:30:19
KuCoin API Update: Websocket Limit Increased to 500 Connections
As reported by The KuCoin Team, the KuCoin API has undergone an upgrade without any downtime. Key optimizations include an increase in the limit of websocket connections per user ID from 150 to 500. Additionally, the Futures Cancel Multiple Futures Limit orders endpoint has been updated, with the DE...
12/20/2024 09:15:52
Virtuals Protocol (VIRTUAL) Surges 500% in 30 Days, Hits $3.29 ATH
Virtuals Protocol (VIRTUAL) has captured investor attention by delivering a phenomenal surge from its ICO price of $0.04977 to $2.56 within just under a year, according to a report on AMB Crypto. This rapid 500% rise over the past 30 days showcases VIRTUAL’s potential to outpace both altcoins ...
12/20/2024 09:15:40
KuCoin Cross Margin Trading Adds USUAL Asset and Pair
In accordance with The KuCoin Team, KuCoin has expanded its Cross Margin Trading platform by adding the Usual (USUAL) asset and the USUAL/USDT trading pair. The Margin Coefficient for USUAL is set at 0.97. Margin trading allows users to borrow funds to trade financial assets, potentially increasing ...
12/20/2024 09:00:34
KuCoin Launches Kontos Protocol (KOS) Campaign with 310,000 KOS Giveaway
According to The KuCoin Team, a campaign has been launched to celebrate the listing of Kontos Protocol (KOS) on KuCoin. The campaign, running from December 20 to December 30, 2024, offers a total prize pool of 310,000 KOS to qualified users. The event includes two main activities: the KOS GemSlot Ca...
12/20/2024 08:47:00
Cryptopia Begins $225 Million Payout to Hack Victims After Six-Year Wait
As per a report on Cointelegraph, liquidators of the defunct cryptocurrency exchange Cryptopia have initiated distributions totaling $225 million to victims of the infamous 2019 hack. The liquidating firm, Grant Thornton, announced on December 20 that more than 10,000 verified account holders have s...
12/20/2024 08:46:20
Bitcoin Critic Gordon Johnson Echoes Munger's 'Rat Poison' View as BTC Price Declines Under $100K
Gordon Johnson, CEO of GLJ Research, has renewed sharp criticism of Bitcoin, referencing the late Charlie Munger’s famous dismissal of the cryptocurrency as “rat poison.” In a recent post on X, Johnson labeled Bitcoin as “worthless” and purely speculative, arguing it ha...
12/20/2024 08:46:02
KuCard Referral Program Updates: New Rules Effective December 24, 2024
Derived from The KuCoin Team, the KuCard Referral Program will implement new rules starting December 24, 2024. During the activity period, which runs until February 10, 2025, existing KuCard users can invite others to register and participate. Invited users must complete a transaction of at least 60...
12/20/2024 08:45:52
Purr and Hypurr Fun Listed on KuCoin with Rewards Campaign
Citing The KuCoin Team, KuCoin has announced the listing of Purr (PURR) and Hypurr Fun (HFUN) on its Spot Trading platform. These tokens are part of the Hyperliquid ecosystem. Deposits are effective immediately, with trading to commence once liquidity requirements are met. Withdrawals will be availa...
12/20/2024 08:45:42
KuCoin Launches 430 Million FOMO Giveaway Campaign in December 2024
As per The KuCoin Team, a new campaign has been launched to celebrate the listing of FOMO (FOMO) on KuCoin. The campaign, running from December 20 to December 30, 2024, offers a total prize pool of 430 million FOMO tokens to qualified users. The event includes two main activities: the FOMO GemSlot C...
12/20/2024 08:45:23
KuCoin Offers 50,000 USDT Prize Pool for Christmas Crypto Purchases
According to The KuCoin Team, a special Christmas event is being held from December 23, 2024, to January 3, 2025, offering users a chance to win a share of a 50,000 USDT prize pool. The event includes various tasks such as buying crypto with zero fees using Visa/Mastercard or Revolut, participating ...
12/20/2024 08:30:19
Bitcoin's 21 Million Cap: Why Adam Back Says There's No Cause for Concern
Blockstream CEO Adam Back has addressed recent concerns regarding Bitcoin’s fixed supply of 21 million coins, sparked by a BlackRock disclaimer, as per a report on U.Today. The controversy arose after MicroStrategy's Michael Saylor shared an educational clip in which BlackRock noted there was ...
12/20/2024 08:16:59
Bitcoin Outperforms Gold and Stocks with 138.6% Gain in 2024
According to CryptoDnes, Bitcoin has significantly outperformed major financial assets in 2024, achieving a 138.6% year-to-date gain. This surpasses gold's 25.7% rise and the S&P 500's 25.3% increase. Bloomberg strategist Mike McGlone suggests Bitcoin could become a top commodity benchmark by 2025. ...
12/20/2024 08:15:57
Bitcoin's Potential 25% Surge: Historical Patterns and Current Challenges
According to CryptoPotato, Bitcoin's price has experienced significant volatility, recently dropping to $95.5K. Historical patterns suggest that such dips often precede substantial recoveries, with past instances showing a potential 25% surge. However, current on-chain and technical metrics, such as...
12/20/2024 07:45:30
DuckChain Secures $5M Funding for TON-Based L2 Project
As reported by @wublockchain12, DuckChain, a Layer 2 project within the TON ecosystem, has successfully raised $5 million in funding. The investment round saw participation from dao5, Offchain Labs, Kenetic Capital, DWF Ventures, and Oak Grove Ventures. The newly acquired funds are intended to aid D...
12/20/2024 07:30:21
UNIT0 Price Surges 28% Amidst Crypto Market Slump
According to Coinpedia, UNIT0 has experienced a remarkable 28% price increase in the last 24 hours, standing out in a declining crypto market where major cryptocurrencies like Bitcoin and Ethereum have seen significant drops. UNIT0's recent surge is attributed to its blockchain innovations and strat...
12/20/2024 07:16:35
$IDGN Presale Surges 600% in 7 Days, Raises $7M Ahead of 2025 Launch
As per CoinJournal, the cryptocurrency market has been bearish, but iDEGEN's pre-market auction is gaining traction. The $IDGN token, part of a meme project leveraging AI, has seen its price increase by 616% in the past week. The presale has raised over $7 million, with the auction method allowing e...
12/20/2024 07:00:27
KuCoin Launches EYWA Listing Campaign with 560,000 EYWA Giveaway
As per The KuCoin Team, a new campaign is being launched to celebrate the listing of EYWA (EYWA) on KuCoin. The campaign, which includes a 560,000 EYWA prize pool, will run from December 20, 2024, to December 30, 2024. The campaign features two main activities: the EYWA GemSlot Carnival and an Affil...