Crypto News Center

Bitwise Launches Solana Staking ETP (BSOL) in Europe

Key Takeaways: Bitwise launched a Solana staking ETP, BSOL, across Europe. It comes at an attractive annual yield of 6.48% and at a competitive management fee of 0.85% to ensure it stays ahead of its competition. A focus on a European launch was pragmatic, based on seizing whatever opportunities existed while awaiting such regulatory changes in the United States. Bitwise remains optimistic for the future of Solana ETFs in the...

Bitcoin Blasts Past $105,000, Setting New Record High

Bitcoin, the flagship cryptocurrency, soared past the $105,000 mark on Dec. 15, 2024, reaching an intraday peak of $105,149 per coin. This represents a 4% increase against the U.S. dollar within the day, showcasing a strong performance in the crypto market. Record Breaking Surge: Bitcoin Hits $105,149 The digital currency’s market capitalization has now climbed to an impressive $2.07 trillion, positioning it as the seventh most valuable asset by market...

Big corporations appear hesitant to invest in BTC

Homepage > News > Business > Big corporations appear hesitant to invest in BTC Last week, Microsoft (NASDAQ: MSFT) had a BTC-focused proposal for discussion at its shareholder meeting. The proposal, championed by the National Center for Public Policy Research (NCPPRR)—a conservative think tank advocating for free-market solutions—urged Microsoft to allocate a portion of its profits to BTC as a hedge against inflation. To strengthen their case, the NCPPR collaborated...

Binance and Circle Partner in USDC Adoption Boost

By Mark Hunter 1 day agoThu Dec 12 2024 09:46:23 Reading Time: 2 minutes Binance and Circle have announced a push to use Circle’s USDC stablecoin on the platform The exchange appears desirous of seeing the regulated stablecoin displace Tether as its primary stablecoin The move is clearly designed to appease regulators Binance and Circle yesterday announced that they will join forces to boost the adoption of Circle’s USDC stablecoin...

2 Cryptos Set to Enter the $100B ‘Elite Club’ After XRP

XRP’s price marked a milestone rise that ignited in the first week of November and elevated its market capitalisation from around $30 billion to as high as $135 billion. This move also temporarily surpassed the market cap of Tether, becoming the third largest token after Bitcoin & Ethereum. Currently, the top stablecoin has reclaimed its level back, but the XRP price has maintained its $100B mark.  Similar to this token,...

Crypto Giants Rally Behind Trump, Pledge Millions to Inaugural Festivities

The crypto market’s post-election glee has cooled, but major industry players are still donating significant sums to fuel Trump’s inauguration.  Ripple and Coinbase, alongside Ondo Finance and Kraken have gifted sizable sums to Trump’s inauguration committee. The inauguration will feature high-profile events and celebratory dinners. The last week has somewhat cooled the post-election euphoria of the crypto market – but some companies didn’t get the memo.  The president-elect, Donald Trump’s...

Justin Sun’s $37.3M bet on EIGEN – Here’s why it matters!

contributor Posted: December 17, 2024 Share this article Justin Sun deposits $37.3M in EIGEN, signaling confidence in its future. EIGEN’s price has risen 11.69%, in the last 24 hours. EIGEN has registered impressive market activity lately, with its price climbing by 11.69% over the last 24 hours, hitting $5.23.  The cryptocurrency fluctuated between a low of $4.69 and a high of $5.23 during this period, reflecting some price volatility. Despite...

Bank of England Embarks on Crypto Data Collection

By Mark Hunter 1 day agoMon Dec 16 2024 09:41:56 Reading Time: 2 minutes The Bank of England has initiated a data collection exercise to assess financial firms’ exposures to cryptoassets This move aims to enhance the Bank’s understanding of potential risks posed by the growing integration of cryptoassets into the financial system Firms are expected to submit detailed information on their cryptoasset exposures by the specified deadline The Bank...

Quantum Leap: Bitcoin’s Future Bolstered by New Computing Horizons

Google’s breakthrough in quantum computing technology has raised concerns about the security of Bitcoin’s cryptographic keys. Some in the crypto community worry that this advancement could enable hackers to attack Bitcoin, potentially destabilising the market. Prominent blockchain developer Adam Back suggests that quantum computing might actually help secure Bitcoin by spurring developers to create a quantum-resistant network. Back believes that leveraging upgrades like Taproot and implementing post-quantum cryptographic techniques can...

Coin Cloud Prevents Second Data Breach in a Year

By Mark Hunter 1 day agoMon Dec 16 2024 09:55:24 Reading Time: 2 minutes Defuncy crypto ATM company Coin Cloud has prevented a second hack within a year Hackers tried to steal the personal data of tens of thousands of former customers Coin Cloud suffered a major data breach last year, which saw 300,000 customers’ data stolen Bankrupt crypto ATM operator Coin Cloud has prevented a second devastating hack in...