Crypto News Center

El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal

The country's concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector. Dec 19, 2024, 4:10 p.m. UTC El Salvador is in the process of securing a $3.5 billion deal with the International Monetary Fund, but is making some concessions around bitcoin (BTC) to get the funding. Stacey Herbert, director of the Bitcoin Office in El Salvador,...

SEC Urged to Overhaul Crypto Regulation in Trump Era for Unprecedented Clarity

You are here: Home / News / SEC Urged to Overhaul Crypto Regulation in Trump Era for Unprecedented Clarity Key Takeaways: Crypto advocacy group urges SEC to review all crypto-related cases with a new perspective under Trump’s administration. Proposal suggests a shift toward clear, cooperative regulation in the digital asset market. New FASB guidance requires digital assets to be valued at fair market value, enhancing company transparency. A leading crypto...

Don’t Lose It All — Buy These 5 Red-Hot Cryptos to Save Your Portfolio!

You are here: Home / News / Don’t Lose It All — Buy These 5 Red-Hot Cryptos to Save Your Portfolio! In a market full of ups and downs, certain cryptocurrencies are shining bright. Five of them are showing strong growth and could help rescue portfolios. These tokens are attracting attention for their potential to deliver gains. Find out which coins are heating up and how they might turn things...

Shiba Inu (SHIB) Burns Massive 410.74 Trillion Tokens, Driving Scarcity

You are here: Home / News / Shiba Inu (SHIB) Burns Massive 410.74 Trillion Tokens, Driving Scarcity Shibarium has burned over 410.74 trillion Shiba Inu, including $1.5M worth, aligning with deflationary goals and reducing circulating supply. Shibarium processes 4.72M daily transactions, supports 2.01M wallets, and has 8.47M total blocks with a five-second average block time. Shibarium enhances SHIB’s usability through low-cost transactions, staking, and governance, elevating its market position and...

Hong Kong Accelerates Crypto Licensing with Approval of 4 New Exchanges

Hong Kong’s Securities and Futures Commission (SFC) has approved licenses for four new crypto exchanges: HKbitEX, Accumulus, DFX Labs, and EX.IO. These approvals bring the total number of licensed exchanges under Hong Kong’s regulatory framework to seven, joining previously authorized platforms OSL, HashKey, and HKVAX. A Robust and Transparent Licensing Framework The SFC launched its virtual asset trading platforms (VATPs) licensing regime in June 2023 to provide a secure and...

Bitcoin Miners Expand Holdings: Hut 8's Reserve Tops $1 Billion

Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 🔍 Dubai’s Rise as a Global Business Hub: Insights from Naeem Aslam In this interview, Naeem Aslam, discusses Dubai's growing significance as a global business and...

El Salvador Amends Bitcoin Law in $1.4 Billion IMF Fund Deal

El Salvador has reached a staff-level agreement with the International Monetary Fund (IMF) for a $1.4 billion Extended Fund Facility (EFF) arrangement. The 40-month deal aims to address the country’s fiscal challenges while supporting economic reforms and long-term growth. El Salvador’s IMF Deal Includes Bitcoin, Tax, and Fiscal Reforms As part of the agreement, El Salvador will amend its Bitcoin Law to make Bitcoin acceptance voluntary rather than mandatory for...

Next Crypto to Explode – XRP’s December 20 Prediction and 6 Hidden Gems to Watch

You are here: Home / News / Next Crypto to Explode – XRP’s December 20 Prediction and 6 Hidden Gems to Watch Ripples CEO, Brad Garlinghouse aired on December 8, stating XRP’S league with SEC and its prospects in the crypto market. Based on bullish trend and market analysis, XRP could reach $3 by the end of 2024. Though XRP continues to seamlessly evolve with challenges on the battlefield, there...

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

PRESS RELEASE. XRP Healthcare (XRPH) is transforming healthcare through blockchain, AI, and real-world solutions. Built on the XRP Ledger, XRPH uniquely combines scarcity, innovation, and utility to address global healthcare challenges. With a fixed total supply of 100 million tokens and its issuing account black-holed, no additional tokens can ever be created. This ensures long-term scarcity and value-driven growth. Over half of the total supply is already in circulation, with...

A short-term correction is indicated for Bitcoin, Ethereum, and Ripple: Can a major trend shift follow?

Journalist Posted: December 19, 2024 Share this article BTC, ETH, and XRP defended crucial short-term support levels.  Will they bounce back to their new highs ahead of Christmas?  On Wednesday, 18th of December, the US Fed made another 0.25% interest rate cut, but its 2025 hawkish projection triggered Bitcoin’s [BTC] decline to $100K.  During the same trading session, Ethereum [ETH] dropped 6.8% while Ripple [XRP] dumped 10%. All the major...