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Bitwise Chief Investment Officer Matthew Hougan Hougan outlined on December 13 key developments he believes signal Bitcoin’s potential rise to $1 million. In a recent social media post, Hougan highlighted several milestones, including BlackRock’s endorsement of a 2% portfolio allocation to Bitcoin and the record-breaking success of Bitcoin exchange-traded funds (ETFs). When bitcoin hits $1…

Rep. French Hill, a pro-crypto candidate, was elected as the new chairman of the House Financial Services Committee on December 13, giving him considerable influence over banking and financial regulations in the United States. In a recent interview with CNBC, Rep. Hill highlighted his top three priorities as he assumes the role. Hill outlined three…

XRP has suffered an overnight selloff, with its fall to $2.32 marking a 4% decline in 24 hours. This loss is in line with the rest of the market, which is also weathering some profit-taking and uncertainty today, although some coins are up (e.g. Monero, Virtuals Protocol, Curve DAO, Gate, Optimism). XRP is now flat…

A Donald Trump-linked crypto wallet has deployed $10M USDC to acquire Chainlink (LINK), Ethereum (ETH), and Aave – could another coin be next? As 2024 marks the era of adoption, many anticipate the US Government will begin building a strategic national Bitcoin reserve in the wake of Donald Trump’s landmark victory in November. HOLY SHIT….

A new security report has raised concerns about the Open Telegram Network (TON), a blockchain platform known for its user-friendly approach to smart contracts. The report, conducted by Web3 security firm CertiK, highlights potential vulnerabilities in Tact, the programming language specifically designed for TON. While Tact aims to simplify development and enhance security, the audit…

Avalanche has just raised a towering $250 million in a private crypto sale for the network’s Ethereum-challenging blockchain. Lead investors Galaxy Digital, ParaFi Capital and Dragonfly were joined by more than 40 investment firms including Anthony Scaramucci’s SkyBridge Capital and AI/crypto investment firm Morgan Creek Digital. The raise comes shortly after the launch of the…

Frank Richard Ahlgren III, a Bitcoin investor from Austin, Texas, has become the first individual criminally charged for failing to report cryptocurrency capital gains. According to the U.S. Department of Justice (DOJ), Ahlgren earned $3.7 million from selling 640 Bitcoin in 2017, which he subsequently used to purchase a luxury home in Park City, Utah….

Gate.io, one of the leading cryptocurrency exchanges, has firmly denied recent rumors about a potential hacking incident. The speculation surfaced on social media earlier on December 13, originating from significant withdrawals observed on the platform. GATE RUMOURED TO HAVE BEEN HACKED, RECOMMENDED TO WITHDRAW: SOURCES — Aggr News (@AggrNews) December 13, 2024 In response, Gate.io…

Despite this accolade, bullish end-of-year projections seem somewhat stalled as the SOL price takes a 3.34% dip today, mirroring the trend seen in other notable altcoins. In an attempt to recover the levels seen before the mass market-wide liquidation earlier this week, Solana has fallen short, retaining a 5.03% loss. However, with a 12.21% lapse…

OSL Digital Securities, Hong Kong’s premier regulated digital asset platform, has introduced Toncoin (TON) into its over-the-counter (OTC) trading services to extend its offers to professional investors. According to a press release, the addition enables eligible users to trade TON against USD, USDT, and HKD. It also benefits from OSL’s secure custody services and fiat…