XRP has fallen by 5% in the past 24 hours, dropping to $2.57 on a day when the crypto market has risen by 1%. The altcoin has had a big couple of weeks, with its price up by 80% in seven days and by 400% in 30. Some analysts now hold that XRP is in…
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Crypto’s Biggest Ever Meme Coin Presale Pepe Unchained ($PEPU) Raises an Unprecedented $70 Million at Presale
Pepe’s new Layer 2 cross-chain meme coin, Pepe Unchained ($PEPU), is now the largest meme coin presale in Web3 history, having raised an unprecedented $70 million since it began this summer. It’s showing no signs of slowing down, either. Currently, $PEPU is netting over $2 million a day. Over on the official website, a countdown…
Bitcoin Price Action Forms ‘Symmetrical Triangle Pattern’ – Breakout to $100,000 Incoming?
The Bitcoin price has gained by 1.5% in the past 24 hours, rising to $96,900 after President-elect Donald Trump picked the pro-crypto Paul Atkins to become the new Chairman of the SEC. Atkins hasn’t confirmed whether he will accept the position, but his selection has boosted prices across the board, with BTC also up by…
Argo Blockchain Records $3.4 Million Revenue Despite Decline in Bitcoin Mining
London-based Bitcoin mining company Argo Blockchain reported $3.4 million in mining revenue for November 2024 despite a decrease in Bitcoin production. Argo Reports $3.4M Mining Revenue Amid Output Decline According to its press release on December 4, Argo disclosed mining 39 Bitcoin in November, compared to 46 in October, reflecting a drop in daily mining…
U.S. Spot Bitcoin ETFs See $676M in Inflows as Holdings Surpass 1M BTC
U.S. spot Bitcoin exchange-traded funds (ETFs) witnessed an impressive $676 million in inflows on Tuesday, nearly doubling Monday’s $353.67 million. Courtesy of the continued inflows, the total holdings have now exceeded one million BTC, according to data from SoSoValue. Asset managers of these ETFs currently oversee $104.25 billion in net assets, roughly equivalent to 1,076,610…
Tezos Aims to Democratize Uranium Trading with Blockchain-Based Uranium.io Platform
Blockchain platform Tezos aims to democratize the uranium trade, traditionally dominated by institutional investors, through Uranium.io, the world’s first decentralized application designed specifically for uranium trading. Uranium.io, built on the Tezos blockchain, aims to lower barriers to entry for retail investors, providing unprecedented access to a market previously limited to large-scale institutional players. The platform…
PancakeSwap Reveals No-Code Token Launchpad Platform ‘SpringBoard’
Major decentralized exchange (DEX) PancakeSwap has launched PancakeSwap SpringBoard, described as an all-in-one token launchpad platform for creating and launching tokens, as well as liquidity integration, on the popular DEX. According to the press release shared with Cryptonews, the new platform enables projects, developers, and creators to create and launch their tokens on the BNB…
Phantom Safe from Solana Web3.js Bug; Upgrade to 1.95.8 Urged
Phantom, a prominent wallet provider in the Solana ecosystem, has reassured its users that it is unaffected by a critical vulnerability recently discovered in the Solana/web3.js library. The exploit, found in versions 1.95.6 and 1.95.7, involved malicious code designed to steal private keys. This flaw severely threatened applications and developers relying on the compromised versions,…
Hut 8 Moves to Dismiss Shareholder Lawsuit, Claims It Stemmed From a Short Seller
Bitcoin mining firm Hut 8 Corp. has filed a motion in a New York federal court to dismiss a class-action lawsuit brought by shareholders. The lawsuit alleges that the company misled investors about its acquisition of US Bitcoin Corp. (USBTC), a firm reportedly plagued by operational issues. Hut 8, however, claims the legal action stems…
Hydra Founder Sentenced to Life in Prison by Russian Court for Running $5 Billion Crypto Black Market
Stanislav Moiseev, the mastermind behind the notorious online black market and cryptocurrency mixing service Hydra, has been handed a life sentence by a Russian court. Hydra reportedly facilitated over $5 billion in cryptocurrency transactions before its closure, becoming the largest darknet marketplace in the world. The Moscow Regional Court found Moiseev and 15 accomplices guilty…