Crypto News Center

Top Crypto News This Week: Ripple Stablecoin, Grayscale XLM Trust, FIFA NFT Game, and More

This week’s crypto calendar is packed with major events and bullish stories, including the potential approval of Ripple’s Stablecoin, XRP overthrowing BNB with a $100 billion market cap, XLM’s 50% surge following a Grayscale Stellar Lumens Trust filing, and FIFA’s new NFT game.  Additionally, Binance has delisted eight altcoin trading pairs from its spot market, while MicroStrategy is planning to add more Bitcoin to its portfolio. Here are the top...

German Government Moves $195 Million in Bitcoin to Exchanges Amid Market Concerns

The German government transferred around US$195 million worth of Bitcoin to exchange wallets over June 19-21, according to Arkham Intelligence.  The transfers were conducted by the German Federal Criminal Police Office (BKA), which had seized nearly 50,000 BTC from suspects running a piracy site earlier this year. Fears of a large Bitcoin liquidation have been sparked as a wallet address thought to belong to the German Federal Criminal Police Office...

Bitcoin Flash Crash to $90k Wipes Out Over $1 Billion in Leveraged Positions

Bitcoin surged to US$103,900, fell to US$90,400 overnight, and then recovered to US$97,898. In the last 24 hours, total liquidations reached US$1.04 billion, with US$578.6 million from Bitcoin alone. Market volatility is high, evidenced by a drop in the Fear and Greed Index from 84 to 72. Analysts see potential for broader Bitcoin adoption, influenced by market dynamics and regulatory developments. Following yesterday’s surge to US$103,900 (AU$161,727), Bitcoin took a...

Nike-backed RTFKT to be Shuttered

By Philip Maina 1 day agoTue Dec 03 2024 12:36:22 Reading Time: 2 minutes Nike has announced that its NFT sneaker company RTFKT will shut down next year RTFKT was acquired by Nike in 2021 Nike said the move is meant to make RTFKT “an artifact of cultural revolution” Nike has announced that it will sunset its NFT sneaker company RTFKT in January 2025 to make the company “an artifact...

Bitcoin dips to $53K after Bank of Japan’s rate hike, Ether follows drop as global market panic ensues

Crypto selloff accelerates as global markets react to Bank of Japan rate hike and Fed uncertainty. Key Takeaways Bitcoin and Ether have significantly declined, with Bitcoin at $53K and Ether losing all year-to-date gains. Japan's rate hike has had a cascading effect on global markets, including significant drops in the Nikkei and Nasdaq. Bitcoin and ether prices plummet amid a broader market selloff, with BTC falling to $53K and ETH...

Crypto Growth Secrets: 5 Coins for High Returns in 2024

The crypto market is buzzing with action as we move into 2024. Bitcoin’s price keeps flirting with new highs, Ethereum’s updates promise to reshape decentralised finance, and rising stars like Qubetics ($TICS) are turning heads with their unique offerings and explosive growth potential. While volatility is the name of the game, it’s also what makes crypto such an exciting space for high-return investments. Among the standout players, Qubetics is making...

4 Best Cryptos for December 2024: BlockDAG, Shiba Inu, Pepe Coin, and Dogecoin

You are here: Home / News / 4 Best Cryptos for December 2024: BlockDAG, Shiba Inu, Pepe Coin, and Dogecoin The altcoin market is expanding fast, presenting new opportunities for cryptocurrency enthusiasts to explore potential high-return options. December 2024 will showcase a notable collection of best altcoins, each distinguished by unique attributes and potential for significant gains. Four standout choices — Dogecoin, Shiba Inu, Pepe Coin, and BlockDAG — are...

Solana’s Pump.fun Blocks UK Users After FCA Warning 

Pump.fun, the Solana blockchain-based meme coin launchpad, has restricted access for UK users. This decision, announced on Friday, follows increasing regulatory pressures and warnings from the Financial Conduct Authority (FCA).  The FCA recently cautioned that Pump.fun might be operating without proper authorization. FCA Continues to Probe Unregistered Crypto Platforms Since its launch earlier this year, Pump.fun has seen some notable success with tokens like PNUT and WIF. These projects are...

Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger

Ripple's new stablecoin is being tested on Ethereum and XRP Ledger. RLUSD isn't tradeable yet as it still has to get regulatory approval. Ripple, the enterprise-focused blockchain service closely related to the XRP Ledger (XRP), said on Friday that it begun testing its stablecoin on the Ethereum (ETH) mainnet and XRP Ledger. "Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners," the...

Stablecoin Market Hits $190B As Yield-Bearing Alternatives Gain Traction

This week, the stablecoin market cap reached a new milestone, surpassing $190 billion and breaking its previous record from April 2022. The surge coincides with Bitcoin hitting all-time highs and the overall cryptocurrency market cap soaring to $3.4 trillion, underscoring the rapid adoption of stablecoins in the digital finance ecosystem. Tether, the largest stablecoin issuer, continues to dominate the market, minting an additional $1 billion in USDT yesterday. Since November...