Crypto News Center

US Senate Introduced “Bitcoin Act of 2024” As BTC Hits $93,000

The United States is taking a bold step toward integrating Bitcoin into its national financial strategy. Senator Cynthia Lummis has introduced the “Bitcoin Act of 2024” (S.4912), proposing the creation of a Strategic Bitcoin Reserve much like the gold reserves the nation has relied on for centuries. With Bitcoin recently crossing $93,000, this initiative has sparked widespread interest and debate in the crypto world. What Is the Bitcoin Act of...

Global Crypto Trading Volume Predicted to Hit $108T in 2024 

CoinWire found that Binance is the most used crypto exchange globally for crypto transactions. The global crypto trading volume has been estimated to reach $108 trillion from current levels by the end of 2024. This forecast, driven by increasing institutional interest and technological advancements, highlights the growing influence of digital assets in global finance. According to a recent study published by CoinWire, the anticipated surge in crypto trading volume will...

ETH Price at Risk? Ethereum Co-Founder Moves $72.5M of Tokens

The recent upside momentum in Ethereum (ETH) has gained significant attention from crypto enthusiasts. Amid this rally, today, November 28, 2024, Ethereum co-founder Jeffrey Wilcke was found dumping a significant amount of ETH on a cryptocurrency exchange. Ethereum Co-Founder Dumps $72.5 Million of ETH  According to blockchain intelligence firm Arkham, Wilcke dumped 20,000 ETH worth $72.50 million to Kraken. This significant transaction was spotted just before the opening bell of...

Shaquille O’Neal Agrees To Compensate Astrals NFT Investors

By Philip Maina 2 weeks agoWed Nov 20 2024 11:56:32 Reading Time: 2 minutes Shaquille O’Neal has agreed to compensate Astrals NFT investors O’Neal signed an $11 million settlement seeking to close the case brought against him by the investors The investors argued that they suffered losses when the former NBA star abandoned the NFT project NBA legend Shaquille O’Neal has signed an $11 million settlement to compensate Astrals NFT...

Expert Insights: Best 7 Cryptos to Buy Before December 2024

You are here: Home / News / Expert Insights: Best 7 Cryptos to Buy Before December 2024 Are you looking to make the most of your crypto investments in 2024? With the market brimming with potential, it’s the perfect time to identify projects that stand out for their innovation and long-term prospects. Picking the best cryptos now could be your ticket to life-changing returns. Among the standout names, Qubetics is...

PBOC sets USD/CNY reference rate at 7.1982 vs. 7.1910 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1982, as compared to the previous day's fix of 7.1910 and 7.2535 Reuters estimates. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy...

Is It Time We Ditched “Cryptocurrencies” for “Digital Assets”?

By Mark Hunter 1 month agoTue Oct 22 2024 08:41:32 Reading Time: 2 minutes The term “cryptocurrencies” has been around since the birth of Bitcoin, but it has since created misconceptions about their purpose Digital assets have diversified beyond currency use, encompassing NFTs, stablecoins, and more The evolving regulatory landscape has prompted a shift towards broader, more accurate terminology Ever since Satoshi Nakamoto and Martti Malmi agreed that the term...

Tron Founder Justin Sun Dumps 173M TRX, Price Crash Ahead?

Despite the current movement of TRX on Binance, Tron price remains resilient to correction while eyeing for a strong breakout on the technical chart. In a major development, Tron founder Justin Sun and his team have transferred a total of 173 million TRX coins to crypto exchange Binance, as per data from Arkham Intelligence. Alongside moving $21 million worth of TRX, Justin Sun also moved 120.149 billion BitTorent (BTT), worth...

Nansen Report: DePIN and NodeFi Most Active DeFi Verticals

By Philip Maina 2 months agoWed Oct 16 2024 10:51:12 Reading Time: 2 minutes Nansen believes that DePIN and NodeFi are the most active DeFi verticals  Nansen released a report showing that the DeFi world is also shifting to AI Other DeFi verticals with notable growth potential include RWAs, NFTs, and gaming Blockchain analytics platform Nansen has released a report showing that NodeFi and DePIN projects are the most active...

Ethereum Spot ETF Records Stability As Graysclae’s “ETHE” Records Lowest Outflow!

Home / Crypto Live News / Ethereum Spot ETF Records Stability As Graysclae’s “ETHE” Records Lowest Outflow! On 06th August, the ETH ETF recorded the lowest outflow since inception. Reportedly, Blackrock’s “ETHA” recorded the highest inflow of $109.9 Million, followed by Fidelity’s “FETH” with $22.5 Million. Grayscale’s “ETH” added $4.7 Million whereas, Franklin’s “EZET” has added $1 Million. Bitwise, VanEck, 21 Shares, and Invesco have each recorded a neutral flow....