Crypto News Center

Could Avalanche’s DeFi Dominance Be Challenged by This Presale Crypto?

Avalanche might be leading the DeFi race, but a newcomer is eyeing the throne. Meet 1FUEL, the best cryptocurrency to invest in if you’re ready to bet on a hidden gem in digital finance. While Avalanche dazzles with speed and scalability, 1FUEL is making privacy, simplicity, and growth its main selling points—and it’s working. From one-click cross-chain transactions to a privacy-first approach, 1FUEL is shaping up to be the crypto...

USDT vs. USDC: Will Circle’s plans help it give a boost over Tether?

contributor Posted: December 12, 2024 Share this article How close is USDC to competing more effectively against Tether’s USDT?  USDC could be on the verge of more growth courtesy of a deal between Circle and Binance. USD Coin [USDC] has undoubtedly lagged behind Tether [USDT] in terms of adoption in 2024, confirmation that the latter remained as the most popular stablecoin. But can Circle turn things around in favor of...

Bitget Considers New Lithuanian Regional Hub for MiCA Compliance

Bitget is considering a new European regional hub to prepare for MiCA compliance. This hub will be based in Lithuania, and the exchange plans to recruit personnel for compliance and operations. This news comes from a press release shared with BeInCrypto. Bitget Prepares for MiCA Bitget, one of the leading crypto exchanges, is pursuing regulatory approval in 15 countries and holds licenses in several EU nations. Bitget entered the UK...

The 5 Best New Meme Coins to Buy This Week For Explosive Growth

As crypto enthusiasts continue to explore the wild opportunities within the crypto space, new projects are popping up almost daily, promising not just laughs but also potential profits. With the market showing signs of recovery and an increasing number of investors eager to jump on the meme coin bandwagon, now is the perfect time to discover which coins are worth your attention this week. Among the hottest newcomers is BTFD...

Binance Drives Bitcoin’s (BTC) Rally as Coinbase Influence Weakens

You are here: Home / News / Binance Drives Bitcoin’s (BTC) Rally as Coinbase Influence Weakens Binance hаs bеcomе thе dominаnt liquidity sourcе, surpаssing Coinbase in Bitcoin’s rеcеnt rаlly. Anаlyst Mignolеt highlights Binance’s growing influеncе, supporting both institutionаl аnd rеtаil mаrkеt pаrticipаtion. Anаlyst Ali Mаrtinеz prеdicts Bitcoin (BTC) could rеаch $275,000 bаsеd on а cup-аnd-hаndlе formаtion in its chаrt. Bitcoin’s rеcеnt mаrkеt rаlly hаs cаught widеsprеаd аttеntion, but thе driving...

Vancouver approves motion to explore Bitcoin as a reserve asset

City staff are now charged with conducting a thorough analysis of this proposal. Key Takeaways The Vancouver City Council has approved a motion to make the city "Bitcoin-friendly." Mayor Sim advocates for the adoption of Bitcoin as a means to protect the city’s purchasing power from inflationary pressures. Vancouver City Council has greenlit a proposal to explore the incorporation of Bitcoin into municipal financial operations, including the possibility of holding...

No, Google’s Willow Quantum Compute Chip Not a Bitcoin Threat (Yet)

Some in the crypto community fear that Satoshi Nakamoto’s Bitcoin stash might be in danger due to Google’s new quantum computing chip, Willow. Despite concerns, analysts believe Google’s 105 qubit processing power isn’t enough to threaten Bitcoin’s SHA-256 and ECSDA algorithms. Bitcoin’s creator, Satoshi, left instructions to re-write the hash function if quantum computing ever cracked Bitcoin’s security. The market reacted with concern, causing a drop in Bitcoin price including...

Crypto Whales Bought These Altcoins in the Second Week of December 2024

This week, the altcoins crypto whales accumulated experienced significant price jumps. However, BeInCrypto observed that it appears that these whales’ strategies have changed from what they accumulated in previous weeks. In this analysis, we reveal some of the top altcoins crypto whales bought in the second week of December 2024.  Aave (AAVE) AAVE, the token of the decentralized lending and borrowing platform, tops the list of the altcoins accumulated by...

VELO gains 108% after Binance listing: Odds of a sell-off now are…

contributor Posted: December 14, 2024 Share this article Velodrome Finance (VELO) has gained by more than 108% in 24 hours to hit an ATH of $0.42. VELO’s rally started after Binance announced it was listing the token. Velodrome Finance [VELO] has outperformed the broader cryptocurrency market after registering an over 108% gain in 24 hours. At press time, VELO traded at $0.325 with a market capitalization of $287 million.  Data...

Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains

An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing a tax return that falsely underreported the capital gains he earned from selling $3.7 million in bitcoins,”...