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Crypto News Center

$KTA Token Plummets 26% Amid Testnet Authenticity Concerns Unichain Network Surges with $50,000 Weekly Revenue from Priority Fees Fortune 500 Companies Embrace Blockchain: Coinbase Survey Reveals Surging Crypto Adoption Guggenheim Launches Tokenised Commercial Paper on XRPL for Institutions Ripple Labs Invests US$5M in Asia-Pacific Blockchain Research Initiative Bitwise CEO Forecasts Bitcoin Holders to HODL at $130K-$150K, Sparking Price Surge Tech Hype Cycle: AI & Blockchain Deja Vu in Emerging Technologies Guggenheim Launches US Treasury-Backed Digital Commercial Paper on XRP Ledger Sony's Soneium Launches Web3 Games Incubator Program for Ethereum Scaling Layer Société Générale-Forge to Launch USD CoinVertible Stablecoin on Ethereum and Solana with BNY Mellon as Custodian Blockchain Group and TOBAM Strike �300M Bitcoin Funding Deal SEC Chairman Proposes "Innovation Exemption" for DeFi Platforms

Sony's Soneium Launches Web3 Games Incubator Program for Ethereum Scaling Layer

Sony's Soneium Launches Web3 Games Incubator Program for Ethereum Scaling Layer

Reading Time: 2 minutes Sonys Soneium blockchain has launched an incubator program for web3 games Dubbed Soneium For All, the program seeks to bring more games and gamers to the Ethereum scaling layer Soneium collaborated with Astar Network and Startale Cloud Services to create the program Sony Block Solutions Labs (SBSL), the creator of Ethereum layer 2 Soneium, has unveiled an incubator program for web3 games. Known as Soneium For...

Fortune 500 Companies Embrace Blockchain: Coinbase Survey Reveals Surging Crypto Adoption

Fortune 500 Companies Embrace Blockchain: Coinbase Survey Reveals Surging Crypto Adoption

60% of Fortune 500 companies are developing blockchain projects, Coinbase survey finds. Stablecoin transfer volume surpassed $27.6 trillion, outpacing Visa and Mastercard. 83% of institutional investors plan to increase crypto exposure in 2025, report shows. According to Coinbases latest State of Crypto report, 60% of Fortune 500 companies are beginning to work on crypto projects, representing the growing institutional adoption of digital assets. Furthermore, the report reveals a notable rise...

$KTA Token Plummets 26% Amid Testnet Authenticity Concerns

$KTA Token Plummets 26% Amid Testnet Authenticity Concerns

A newly launched Layer 1 blockchain project called $KTA saw the price of its token nosedive by almost 26% in just one day, following some quite serious claims that called into question the very authenticity of its testnet. KTAs situation has sent investor confidence into quite the tailspin and, even though project backers are actively pushing the narrative that all is well, a pretty decent-sized wave of skepticism now seems...

$KTA Token Plummets 26% Amid Testnet Authenticity Concerns

Unichain Network Surges with $50,000 Weekly Revenue from Priority Fees

Fortune 500 Companies Embrace Blockchain: Coinbase Survey Reveals Surging Crypto Adoption

Sony's Soneium Launches Web3 Games Incubator Program for Ethereum Scaling Layer

Fortune 500 Companies Embrace Blockchain: Coinbase Survey Reveals Surging Crypto Adoption

$KTA Token Plummets 26% Amid Testnet Authenticity Concerns

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Crypto VCs Cast Doubt as AI-Crypto Fusion Faces Scepticism at Emergence Conference

Crypto VCs Cast Doubt as AI-Crypto Fusion Faces Scepticism at Emergence Conference

Rob Hadick from Dragonfly and David Pakman from CoinFund expressed skepticism about crypto projects competing with major AI players like OpenAI, Meta, and Microsoft. The panelists agreed decentralised AI systems lack practicality and scalability in the near term, with limited potential to challenge centralised giants during this market cycle. Speaking at The Block’s Emergence conference in Prague, Rob Hadick, general partner at the crypto-focused VC Dragonfly, is not convinced that...

Top 10 Airdrops For The Second Week of December

Top 10 Airdrops For The Second Week of December

Crypto airdrops farmers have ten valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors. These airdrops distribute free tokens to attract new users and expand communities. For crypto enthusiasts, the following airdrops present a chance to earn new tokens and engage with emerging projects. Movement Network Movement secured $41.40 million in a funding round co-led by Polychain Capital, Borderless Capital, Blizzard Fund, and dao5, with additional...

Russian Lawmaker Proposes Bitcoin Reserve to Improve Financial Stability

Russian Lawmaker Proposes Bitcoin Reserve to Improve Financial Stability

Russian State Duma Deputy Anton Tkachev, a member of the New People party, has suggested creating a strategic Bitcoin reserve to strengthen the country’s financial stability. According to local reports in Moscow, Tkachev has formally submitted this proposal to Finance Minister Anton Siluanov. Russia to Consider Plans for a Bitcoin Reserve? In the proposal, Tkachev highlights the limitations of traditional currency reserves, such as the dollar, euro, and yuan. He...

Why an altcoin season is closer than you think

Why an altcoin season is closer than you think

Journalist Posted: December 10, 2024 Share this article The altcoin season index dropped from 88 to 71. Bearish sentiment around ETH, SOL, and BNB was rising. After comfortable rallies, altcoins seemed to have taken a backseat in the last 24 hours. However, the possibility of the arrival of an altcoin season can’t be ruled out yet. This was the case as the altcoin market cap chart was following a similar...

Demand concerns knock FMCG stocks hard

Demand concerns knock FMCG stocks hard

News ETMarkets.com From FY26 and FY27 onwards, the street will start building high-single-digit growth for FMCG companies aided by price hikes, he added. Synopsis Godrej Consumer Products fell nearly 9%, leading a fall in FMCG stocks. Tata Consumer Products slumped 4.1% while Marico, Hindustan Unilever and Dabur shed over 3% each. Colgate Palmolive tumbled 2.9% while Nestle and Britannia Industries fell over 1.5%. ITC closed 1.26% lower. ET Bureau Last...

Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows

Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows

Bitcoin might become part of Amazon’s treasury strategy as the online retail giant’s shareholders are pushing for the adoption of the cryptocurrency in its assets. If Amazon embraces digital assets, it will join other business titans exploring the inclusion of Bitcoin in their asset portfolios. Bitcoin As Financial Reserve Option Shareholders of Amazon urged the online retail store to evaluate the possibility of adding Bitcoin to its balance sheet, saying...

MOVE Token Reaches $1.6 Billion Market Cap After Airdrop Launch on Binance

MOVE Token Reaches $1.6 Billion Market Cap After Airdrop Launch on Binance

Movement Network, a blockchain platform built on Ethereum’s layer-2 using the MoveVM, launched its native token, MOVE, on Monday with a massive airdrop. The airdrop distributed one billion MOVE tokens to early adopters and community members. MOVE Airdrop Triggers 60% Rally for the Token The token debuted on Binance’s airdrops portal and also secured listings on South Korean exchanges Upbit and Bithumb. Within six hours of its launch, MOVE currently...

109 Million Wallets Hold USDT: Tether Reports

109 Million Wallets Hold USDT: Tether Reports

The report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024. This makes USDT one of the most extensively held digital assets with more than twice the number of bitcoin...

SuperVerse crypto hits $1B market cap in 30 days: Can SUPER keep its gains?

SuperVerse crypto hits $1B market cap in 30 days: Can SUPER keep its gains?

contributor Posted: December 10, 2024 Share this article A Fibonacci retracement showed where the price of SuperVerse crypto might temporarily dip. Caution persists as positive Exchange Netflow highlights the potential for increased sell pressure. Over the past month, SuperVerse [SUPER] has skyrocketed 60%, aligning with broader market gains. This rally propelled its market capitalization to an impressive $1 billion in just 30 days. Recent movements suggest buyers remain in control,...

At Age 15, He Used Facebook Marketplace to Start a Side Hustle — Then It Became Something Much Bigger: 'Raised Over $1.6 Million'

At Age 15, He Used Facebook Marketplace to Start a Side Hustle — Then It Became Something Much Bigger: 'Raised Over $1.6 Million'

This Side Hustle Spotlight Q&A features Dylan Zajac, 21, a senior at Babson College. At 15, Zajac had a side hustle thrifting and fixing computers. The gig inspired Zajac to found his nonprofit Computers 4 People , which provides refurbished computers to people in need. Responses have been edited for length and clarity. Image Credit: Courtesy of Computers 4 People When did you start your side hustle, and where did...

The 5 Most Exciting Meme Coins to Buy This Week – Get Ready for Major Upside!

The 5 Most Exciting Meme Coins to Buy This Week – Get Ready for Major Upside!

The meme coin market is buzzing right now, with fresh contenders popping up and established coins gaining traction in ways we never imagined. The overall crypto landscape is evolving, too—more mainstream investors are diving into the fray, and the community-driven nature of meme coins is attracting attention like never before. It’s a wild ride, and if you’re looking to hop on, timing is everything! One coin that’s truly stealing the...

Dev's Defection Highlights Ethereum's Growing Solana Problem

Dev's Defection Highlights Ethereum's Growing Solana Problem

"There's just so much more possibility and potential energy in Solana," Max Resnick told CoinDesk after quitting his Consensys job for a job at Anza. Updated Dec 10, 2024, 3:46 a.m. UTC Published Dec 9, 2024, 10:18 p.m. UTC Ethereum's place near the top of the crypto market is unquestioned from the perspective of market cap. But beneath the surface – at the product, developer and decision-making levels – the...

Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K

Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K

Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $96,800 and $97,000 per coin, though it briefly plummeted to $94,249, setting off the turmoil. Bitcoin Flash Crash Causes Altcoin Avalanche: Double-Digit Losses Slam the Crypto Economy Bitcoin took a sudden nosedive after hovering...

Coinbase Faces Intense Backlash Over Account Restrictions Claims

Coinbase Faces Intense Backlash Over Account Restrictions Claims

Coinbase Support has come under severe scrutiny as users on X reported restricted access to their accounts. The backlash came after Coinbase claimed that a ‘minor increase’ in restricted accounts was due to prolonged inactivity and FUD (fear, uncertainty, and doubt) concerns. However, hundreds of users have commented on the post, detailing how their accounts have been frozen for months and even years. Users on X also left a community...

Hawk Tuah Haliey Welch's Memecoin Under Scanner as Price Plummets Shortly After Launch

Hawk Tuah Haliey Welch's Memecoin Under Scanner as Price Plummets Shortly After Launch

Haliey Welch, 22, became a social media personality during the summers over the "hawk tuah" TikTok video, which instantly became a hit and enabled her to launch her own merchandise, the "Talk Tuah" podcast in September, and even an AI-based dating app called "Pookie Tools." Her Instagram presence swelled to 2.6 million followers, and she is often seen posting pictures with celebrities and inviting many of them, including Wiz Khalifa,...

Best Coins To Invest In December 2024: Experts predict Qubetics to reach $0.25, Cardano Eyes $1.40 Breakout, Ripple Targets $7-$10 Surge

Best Coins To Invest In December 2024: Experts predict Qubetics to reach $0.25, Cardano Eyes $1.40 Breakout, Ripple Targets $7-$10 Surge

Certain altcoins emerge as transformative forces for investors and blockchain users as the cryptocurrency market expands. Qubetics, Cardano, and Ripple (XRP) are among the Best Coins To Invest In December 2024. These projects represent innovation, growth potential, and significant opportunities for both short-term gains and long-term value. Qubetics is setting new standards in blockchain usability with its innovative Qubetics Wallet, designed for seamless and secure crypto asset management. Cardano (ADA)...

Qubetics Could Hit $15: The Best Altcoin to Invest in Right Now for Explosive Growth as Tron Shows Stability at $0.32 and Theta Innovate

Qubetics Could Hit $15: The Best Altcoin to Invest in Right Now for Explosive Growth as Tron Shows Stability at $0.32 and Theta Innovate

You are here: Home / News / Qubetics Could Hit $15: The Best Altcoin to Invest in Right Now for Explosive Growth as Tron Shows Stability at $0.32 and Theta Innovate Investors constantly search for projects with massive growth potential in this dynamic environment. With new projects emerging regularly, it can be tough to identify which ones stand out. Among the vast landscape, three altcoins are creating a buzz right...

Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins

Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins

Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000. Dec 9, 2024, 9:15 p.m. UTC A slow bleed in crypto since late in the weekend accelerated into the early evening U.S. hours on Monday, leaving nearly the entirety of the sector sharply lower. With prices in quick retreat, bitcoin (BTC)...

Russian lawmaker proposes national Bitcoin reserve

Russian lawmaker proposes national Bitcoin reserve

Proposal highlights Bitcoin as a hedge against sanctions and volatility, paving the way for alternative reserves in global trade. Photo: Bitcoinist Key Takeaways A Russian lawmaker has proposed the creation of a national Bitcoin reserve to counteract sanctions and geopolitical risks. The proposal could influence other sanctioned countries to consider cryptocurrencies as tools for maintaining financial stability. A Russian lawmaker has proposed creating a national Bitcoin reserve to hedge against...

Crypto groups oppose re-nomination of SEC’s Caroline Crenshaw

Crypto groups oppose re-nomination of SEC’s Caroline Crenshaw

Blockchain Association, DeFi Education Fund and CEDAR Innovation Foundation have all opposed the re-nomination of Caroline Crenshaw as a SEC Commissioner. Crenshaw is a Joe Biden appointee and is criticised for her negative stance on crypto. Crypto and blockchain advocacy groups Blockchain Association and DeFi Education Fund have written to the U.S. Senate Committee on Banking, Housing, and Urban Affairs voicing their opposition to the re-confirmation of SEC Commissioner Caroline...

Ripple (XRP) Price Faces Uncertain Momentum After 6-Year Highs

Ripple (XRP) Price Faces Uncertain Momentum After 6-Year Highs

Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana’s market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018. This decline suggests that the bullish momentum has cooled, and...

Where is Binance Based? Longstanding HQ Controversy Remains Unresolved

Where is Binance Based? Longstanding HQ Controversy Remains Unresolved

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...

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