The crypto market is set for a pivotal year in 2025, with Presto Research projecting Bitcoin could surge to $210,000 amid widespread institutional adoption and market maturation. In its inaugural report, From Chaos to Clarity: 2024 Crypto Market Review & 2025 Forecasts, Presto highlights major trends shaping the market while presenting a bold vision for…
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Elliott Wave View: Bitcoin (BTCUSD) Has Reached Inflection Area
Short Term Elliott Wave View in Bitcoin (BTCUSD) suggests rally from 6 September 2024 low is in progress as a 5 waves impulse. Up from 6 September, wave 1 ended at 66508 and dips in wave 2 ended at 58867. The crypto-currency has extended higher in wave 3 towards 103647 as the 1 hour chart…
Bank Employee Who Stole Millions to Buy Crypto Jailed for 15 Years in S Korea
A South Korean bank employee who stole some $12.4 million from his employer to spend on private crypto purchases has been jailed for 15 years. The media outlet Jose Ilbo reported that the unnamed former Woori Bank employee forged loan documents as part of a plan to siphon money out of the bank and into…
Shiba Inu Price Slumps, Eyes This Key Support Zone – Is Its Run Over?
The Shiba Inu (SHIB) price is on the back foot this Tuesday, sliding back to the low $0.000026s as Bitcoin continues to suck liquidity out of the broader crypto market, and as the newly launched Pudgy Penguins (PENGU) token steals the limelight. $PENGU is now live. CA: 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv Learn more & how to claim your…
Sega, Square Enix, Konami & More Join Crypto Firms in Japanese Blockchain Gaming Alliance
The Japanese gaming giants Sega, Square Enix, and Konami have joined the New York stock-market-listed crypto exchange Coincheck in a new blockchain games alliance. Per a press release from the Japan Cryptocurrency Business Association (JCBA), the alliance also comprises the gaming firms COLOPL and Drecom. Sega, Square Enix, and Konami Team Up With Coincheck and…
Bitcoin Policy Institute Drafts Executive Order for Trump’s Strategic Bitcoin Reserve
The Bitcoin Policy Institute has proposed an executive order to create a Strategic Bitcoin Reserve under the U.S. Treasury’s Exchange Stabilization Fund (ESF) in the Trump administration. If adopted, this move aims to position the United States as a global leader in digital assets. It highlights Bitcoin’s role as “digital gold” and seeks to drive…
U.S. Treasury Shuts Down North Korean Crypto Money Laundering Network
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity for laundering millions of dollars in illicit funds for North Korean agents. The targeted network, led by a previously sanctioned North Korean agent, facilitated cryptocurrency conversions and money laundering to support the regime’s weapons of mass…
Metaplanet Stock Soars 2,450% YTD on Its Bold Bitcoin Strategy
Metaplanet stock surged 51% on December 17. This comes as the company, an early-stage investment firm dubbed “Japanese MicroStrategy,” announced a ¥4.5 billion ($30 million) program to fund additional Bitcoin purchases. The plan implies issuing zero-interest bonds, maturing on June 16, 2025. The bonds highlight the company’s continued commitment to Bitcoin as part of its…
Pudgy Penguins Launch PENGU on Solana With Multichain Plans Ahead
Pudgy Penguins, the second-popular NFT on the market, has officially launched its PENGU token on the Solana blockchain. The NFT company announced the development on X. $PENGU is now live. CA: 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv Learn more & how to claim your PENGU below. pic.twitter.com/ROWgq02YbF — Pudgy Penguins (@pudgypenguins) December 17, 2024 Shortly after the launch, PENGU was…
Messari Experts Call for 2025 Solana Surge – Is SOL on Track for $750?
Solana has risen by 2% in the past 24 hours, bouncing up to $220 on a day when Bitcoin (BTC) has posted yet another all-time high. SOL is now up by 2.3% in a week, and while it’s actually down by 6.5% in a month, it remains up by a very solid 200% in a…