In a recent X post, Coinbase announced that it has decided to suspend trading for Fantom-PERP effective January 24, 2025, from around 10:30 AM UTC. FTM-PERP trades will be terminated on both Coinbase International Exchange and Coinbase Advance, with the final price to be settled according to a pre-determined method. The funding rate will be …
The latest Nonfarm payrolls data showed that US employment increased to 256,000 in December while unemployment rate dropped to 4.1%. The unemployment rate also came in lower than expected. After the release of this nonfarm payroll report, traders are now betting against a first-half rate cut from the Federal Reserve. Traders predict the Fed will …
Binance is set to list three new tokens on its platform, starting at 13:00 UTC on January 10, 2025. These include AIXBT, ChainGPT (CGPT), and Cookie DAO (COOKIE). AIXBT is a crypto market intelligence platform, while ChainGPT focuses on Web3-AI infrastructure, and Cookie DAO serves as an index and data layer for AI agents. All …
Grayscale has revealed a list of over 30 digital assets it is considering for future investment products. These include popular cryptocurrencies such as KAS, APT, ARB, HBAR, DOGE, BNB, and TRX. Other assets like TON, RUNE, FET, and PYTH are also part of the potential lineup. The firm is also looking at emerging projects such …
Bithumb, a leading crypto exchange, has announced the addition of new trading pairs. The platform now supports Sonic SVM (SONIC) and SAFE in the KRW market, alongside AHT, which is available in both the KRW and BTC markets. Trading for SONIC and SAFE begins at 4:00 PM KST on January 10, 2025, with base prices …
Standard Chartered has secured a license in Luxembourg to provide digital asset custody services, marking its entry into the European Union (EU) under the Markets in Crypto Assets (MiCA) Regulation. This move aligns with the bank’s global digital asset strategy and follows its recent launch of similar services in the UAE. Led by CEO Laurent …
Ethereum-based game The Machines Arena is launching on Steam (January 14) and PlayStation 5 in 2025, but due to platform restrictions, it will not have blockchain elements. Players can earn TMA tokens on PC via the Epic Games Store and Android and trade NFT skins on Ronin, features absent in the Steam version. Directive Games’ …
Capital Group, managing over $2.3 trillion in assets, has taken a significant step into crypto by acquiring a 5% stake in Metaplanet. This move establishes them as Metaplanet’s third-largest shareholder, further strengthening their position in the industry. Known as MicroStrategy’s second-largest shareholder, Capital Group’s involvement highlights growing institutional confidence in blockchain and financial innovation. Metaplanet …
Michael Saylor, in a latest X post has shared to his followers that “Bitcoin is the right move.” Saylor’s tweet on Bitcoin gained significant attention in the crypto community, with enthusiastic support from those who agree with his view of Bitcoin as the leading digital asset of the future. Recently, the U.S. DOJ has been …
Mastercard has launched Crypto Credential solution for the people of UAE and Kazakhstan in the EEMEA region, allowing users to send and receive cryptocurrencies using simple aliases instead of complex blockchain addresses. Built in partnership with exchanges like ATAIX Eurasia, Intebix, and CoinMENA, this solution enhances transaction security, minimizes errors, and ensures asset compatibility. Mastercard’s …
In a latest development, Mantra, a blockchain built for tokenized real-world assets (RWAs), signed a $1 billion agreement with Damac Group, an investment conglomerate, to enable token-based finance in the Middle East. Notably, DAMAC’s portfolio encompasses real estate developments firms, hospitality and data centers, and started accepting crypto payments in 2022. It will use Mantra …
Standard Chartered has officially launched a new crypto custody service in Luxembourg to serve the entire European Union under the MiCA regulation. The bank is expanding its global presence in the crypto sector, following successful ventures like Zodia Custody in the UAE. Led by Laurent Marochini, former head of innovation at Société Générale, this new …
The U.S. Commodity Futures Trading Commission (CFTC) has subpoenaed Coinbase, seeking information related to Polymarket, a crypto-based prediction market platform. This move comes amid ongoing regulatory scrutiny of Polymarket, which has been restricted for U.S. residents since 2022 after settling with the CFTC for $1.4 million. Coinbase has notified its users, assuring them no immediate …
The cryptocurrency market witnessed massive liquidations as prices of digital assets fell sharply. According to CoinGlass data, $483.61 million was liquidated across exchanges in the past 24 hours, with long positions dominating the sell-off at $342.34 million, compared to $141.34 million in short positions. Ethereum (ETH) led the altcoin liquidations with $86.43 million wiped out …
Binance Alpha, the pre-listing pool by Binance, has announced three new additions: FAI, VERTAI, and VADER. These projects are designed to enhance the integration of blockchain and artificial intelligence. FAI and VADER function as AI proxy tokens on the Base chain, simplifying access to AI-powered tools and services. On the other hand, VERTAI operates on …
In a recent development, Binance Co-Founder Changpeng Zhao has expressed support for Bhutan’s bold decision to include cryptocurrencies in its strategic reserves. Recently, Gelephu Mindfulness City (GMC) in Bhutan, a Special Administration Region, added Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) to its strategic reserves. In a statement, GMC noted that it will only …
In a latest development, Bitstamp in its recent blog post announced that Ripple USD (RLUSD) is now tradable on the platform. The stablecoin is supported on the Ethereum network and can be traded against six major pairs: USD, EUR, BTC, ETH, XRP, and USDT. Notably, Ripple RLUSD is backed 1:1 by USD, issued under a …
Movement Labs, a San Francisco-based team developing a layer-2 blockchain on Ethereum announced that it is about to complete a $100 million Series B financing, with a valuation of $3 billion. Investors will receive a combination of equity and Move tokens. The round, co-led by CoinFund and Nova Fund, comes amid a crypto market resurgence. …
Arbitrum-based Orange Finance suffered a security breach, resulting in the theft of approximately $787,000 in crypto assets. The hacker exploited administrative controls to upgrade smart contracts, enabling unauthorized fund transfers to an external wallet. Security firm PeckShieldAlert confirmed the attack, prompting Orange Finance to advise users to halt all interactions with the platform and revoke …
MicroStrategy (MSTR) has emerged as one of the most volatile and heavily traded stocks, rivaling the trading volume of the “magnificent seven” U.S. tech giants. Despite a market cap under $100 billion, it ranks sixth in daily trading volume, surpassing Microsoft (MSFT) and Meta (META). Between Dec. 2, 2024, and Jan. 7, 2025, MicroStrategy averaged …
In a landmark ruling, a Texas federal court has ordered Bitcoin investor Richard Ahlgren III to surrender encryption keys unlocking $124 million in crypto. Ahlgren, convicted of tax evasion for failing to report $3.7 million in Bitcoin sales, must also disclose devices used to store crypto and is barred from transferring assets without court approval. …
The cryptocurrency market experienced significant volatility over the past 24 hours, with $689 million in liquidations, with 233,145 traders liquidated. However, The largest single liquidation order happened on Binance ETH/USDT value $17.74M. Bitcoin’s price dropped by 7%, contributing to $131 million in liquidations. Despite its dominant position, Bitcoin’s pullback was relatively modest compared to ETH, …
Canaan Inc., a top blockchain hardware company, has introduced two groundbreaking Bitcoin mining devices, the Avalon Mini 3 and Nano 3S, at CES in Las Vegas. These devices are designed to make crypto mining more accessible to individuals while also serving as home heating systems. With this dual-purpose innovation, Canaan aims to revolutionize the way …
The Ethereum Foundation has sold 100 ETH worth $336,000, adding to a pattern observed over the past year. Data from Lookonchain reveals that the foundation has offloaded a total of 4,566 ETH, valued at $12.96 million, across 33 trades. Interestingly, 16 of these sales were made at market peaks, highlighting their strategic timing. This latest …
At a press conference on Tuesday, President-elect Trump commented on the state of the US economy – “Inflation is continuing to rage, and interest rates are far too high.” With Trump set to officially return to office on January 20th, some in the crypto world are buzzing about the possibility of a massive market rally. …
In an interview, Aleš Michl, the Governor of the Czech National Bank, revealed they are weighing how to diversify the country’s reserves with Bitcoin. However, he added that there are no active strategies in place to make this move yet. Despite the lack of concrete plans, the Governor noted that “Bitcoin is an interesting option …
In a recent tweet post, Michael Saylor, the chairperson of MicroStrategy, shared the company’s impressive Bitcoin gains in 2024. MicroStrategy acquired 258,320 BTC for $22.07 billion at an average price of $85,450 per Bitcoin. Starting the year with 189,150 BTC, the company gained an additional 140,630 BTC — that’s 385 BTC daily! With Bitcoin potentially …
Bitcoin’s recent price surge isn’t the only story—its open interest (OI) has skyrocketed by $2 billion in the last 24 hours. This dramatic increase shows a rise in trading activity and more investor interest in the leading cryptocurrency. Open interest reflects the number of active contracts in Bitcoin’s futures and options markets. A boost in …
Binance Futures is launching three new contracts: COOKIEUSDT, ALCHUSDT, and SWARMSUSDT. These contracts allow traders to use up to 75x leverage, offering more options for those who prefer high-risk trades. COOKIEUSDT trading will start at 11:30 UTC, followed by ALCHUSDT 15 minutes later, and SWARMSUSDT at 12:15 UTC. These contracts are linked to Cookie DAO …
MicroStrategy chairman Michael Saylor proposes burning Bitcoin private keys after death to permanently remove coins from circulation, boosting Bitcoin’s scarcity. With a fixed supply of 21 million coins, Bitcoin’s value thrives on limited availability. Saylor’s idea could tighten the circulating supply, mirroring the impact of dormant coins like Satoshi Nakamoto’s 1 million BTC. Advocating for …