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November 29, 2024
Bitcoin could attract $2 trillion in investments during 2025 as the global money supply grows to $127 trillion. Bitcoin may attract another $2 trillion worth of investment during 2025, based on expectations of continued liquidity injections in the world’s largest economy. Due to liquidity concerns, the US Federal Reserve is projected to increase the global...
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Learn about Hyperbridge, the cutting-edge protocol driving blockchain interoperability with secure, scalable and efficient crosschain solutions. Blockchain networks usually function as separate ecosystems, which makes interoperability challenging. This fragmentation limits the potential of decentralized applications (DApps) as it hinders the seamless transfer of data and assets between networks. Addressing this gap is imperative for fostering...
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Security experts at SlowMist identified over 8,620 Solana wallets linked to the DEXX hack, with losses estimated near $30 million as recovery efforts continue. Crypto security firm SlowMist has released a document identifying more than 8,620 Solana addresses suspected of being linked to the DEXX hacker. On Nov. 16, memecoin trading terminal DEXX fell victim...
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Taiwan accelerates its crypto AML mandate, imposing stricter registration rules and penalties for noncompliance. Taiwan advanced the introduction of its new Anti-Money Laundering (AML) regulations for cryptocurrency businesses after authorities fined two crypto exchanges for violations. On Nov. 27, the Financial Supervisory Commission (FSC) announced that the upcoming money laundering prevention registration mandate for crypto...
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Ether has outperformed Bitcoin in futures yields, signaling more potential ETF inflows that could catalyze a rally above $4,000 before Jan. 20. Ether (ETH) price is set for more upward momentum based on growing investor interest and expectations of more positive crypto regulations leading into 2025, which could set it up for a rally above...
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Bitcoin bulls avoid further retests of round-number levels as support, while Ethereum finally wakes up. Bitcoin circled $96,000 on Nov. 29 as a “fantastic” support retest gave way to consolidation. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed Bitcoin (BTC) price volatility cooling after experiencing rapid gains on Nov. 27, ending in a close just...
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Wealthy investors’ appetite for Bitcoin continues to grow as BTC price is once again eyeing the $100,000 milestone level going into December. Bitcoin (BTC) has rebounded 6.25% from its local low of $90,742 to above $96,000 on Nov. 29 as onchain data suggests whales “took advantage” of discounted prices this week. BTC/USD daily chart. Source:...
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While more than 90% of Ether holders are in profit, data shows traders remain cautious about the asset hitting $4,000. More than 90% of Ether holders are now in profit as the cryptocurrency’s price has increased 5.7% over the last seven days, but traders are seemingly uncertain about ETH rising above the $4,000 level, as...
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Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area. Coinbase users in Europe have shared frustration over the region’s crypto regulations after the exchange revealed it is nixing its yield offering on the dollar-pegged stablecoin USD Coin...
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Hong Kong’s government already issued $100 million in tokenized green bonds on Feb. 16 under its Green Bond Programme. Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has launched a scheme to subsidize some of the costs of issuing tokenized bonds, aimed at encouraging more adoption of tokenization in its capital markets.  According...
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