Crypto News Center

Zircuit Raises Mainnet Funding Round From Binance Labs, Mirana Ventures, and Others

2024-07-23T10:02:07.629+02:00 T u e s d a y , 2 3 / 0 7 / 2 0 2 4 | 1 0 : 0 2 G M T + 2 by FM Zircuit plans to become a central hub for restaked assets featuring unparalleled security. Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer level security, today announced it raised a Mainnet funding round with participation from Binance Labs, Mirana...

Russia proposes winter BTC mining ban until 2031

Homepage > News > Tech > Russia proposes winter BTC mining ban until 2031 Russia will prohibit block reward mining during the winter season each year until 2031 to address electricity shortages in over a dozen regions if new proposals from a government commission are implemented. The commission, led by Deputy Prime Minister Alexander Novak, was set up to find solutions to electricity shortages as the winter season sets in....

Crypto price predictions: HBAR, iDEGEN, Bitcoin

Bitcoin Price Holds Steady Amid a Probable US Selloff BTC/USD has been trading steadily above $90,000 for two weeks now; missing the all-important mark of $100,000 by less than 5 dollars on 22nd November. Even with the range-bound trading, the bullish trend persists. In fact, according to CoinMarketCap, greed continues to define the crypto market space. This week, the index is at an extreme greed level of 80 compared to...

As Bitcoin Dominance nears 3-year high, what this week holds for BTC

contributor The Bitcoin 2024 conference pushed BTC near $70K yet again. Whales seem to have come to a standstill as bulls wait for BTC’s next moves with bated breath. Bitcoin’s [BTC] dominance was rising as the king coin kicked off the week with a strong bullish bid, aiming for $70,000. This bullish performance builds on the Bitcoin 2024 conference hype and politically charged excitement that prevailed during the weekend. The...

Flyp.me – Groundbreaking Instant Cryptocurrency Exchanger

In the fast-paced world of cryptocurrency, the ability to swiftly and securely exchange digital assets is paramount. Traditional exchanges often involve lengthy registration processes, complex interfaces, and potential security risks. Enter Flyp.me, a platform designed to simplify the crypto swap experience by offering instant, account-free transactions. This article delves into how Flyp.me is transforming the way users swap cryptocurrencies, highlighting its key features and benefits. Key Features that Set Flyp.me...

Aussie Analyst Says BTC Reset Over, Prepare for What’s to Come

Michael Pizzino identifies a strong bullish trend in Bitcoin on hourly to daily charts, with key support at US$58,500. Signs of market exhaustion are noted but seen as minor unless Bitcoin falls below US$60,000, hinting at a peak. Michael anticipates a possible last leg of Bitcoin’s bull run, referencing Elliott Wave theory for macro trends. Aussie analyst Michael Pizzino’s recent analysis suggests that while there are temporary signs of market...

Putin Signs Law Declaring Crypto as Property in Russia

Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025. Crypto Officially Property in Russia After Putin Signs Landmark Law Russian President Vladimir Putin has signed a law officially designating digital currencies as property, laying the groundwork for taxation and regulation within the sector. Announced on Nov. 29, the law recognizes digital currency for foreign trade transactions under...

Crypto user base reaches 10 million in Q2 2024

In Q2 2024, the crypto market surged with a record 10 million daily active wallets, up 40% from Q1. Social DApps saw a 66% spike in user activity. Decentralized exchanges thrived with meme coin trading. NFT marketplaces rebounded to $4 billion in trading volume.  Despite this growth, DeFi apps lost $7 billion in total value locked (TVL), a 4% drop from the previous quarter, notably on Tron and Arbitrum networks....

Stablecoin Market Hits 2-Year High as Tether Records $5.2B Profit

You are here: Home / News / Stablecoin Market Hits 2-Year High as Tether Records $5.2B Profit Tether’s USDT has driven the stablecoin market to its highest levels in two years. According to a recent report by Intotheblock, the stablecoin sector is witnessing unprecedented growth, largely propelled by USDT’s performance. Tethe­r, the company behind USDT, announced a remarkable profit of $5.2 billion in the­ initial half of 2024, emphasizing the...

$2.5 Billion Russian Crypto Laundering Ring Smashed

By Mark Hunter 2 months agoFri Sep 27 2024 10:21:06 Reading Time: 2 minutes The U.S. government has seized several crypto domains linked to over $2.55 billion in illicit transactions Two Russian nationals have been charged with operating illegal exchanges that facilitated large-scale money laundering The exchanges, including Cryptex and PM2BTC, processed a significant portion of their transactions tied to criminal activities The U.S. Department of Justice (DOJ) has charged...