Crypto News Center

German govt runs out of BTC as Bitcoin eyes daily close above $58,000

German govt concludes 23-day Bitcoin sale, potentially easing market pressure. Key Takeaways German government sold last 3,846 BTC, concluding 23-day process of liquidating seized assets. Bitcoin approaches key resistance levels after rebounding to $58,000 following recent pullback. The German government emptied its Bitcoin (BTC) wallet after moving the last 3,846 BTC to addresses tied to Flow Traders and an over the counter (OTC) service, accordin g to on-chain data platform...

Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain

For years, the crypto industry has complained about the Securities and Exchange Commission’s hard-line stance, and its refusal to develop rules that account for blockchain’s distinct technology. One firm, though, claimed the SEC’s current crypto rules are just fine. This stance has paid off as the firm, Prometheum, won a first-of-its-kind license for crypto-based securities and—despite being virtually unknown in the crypto world—landed a prestigious slot in 2023 to testify...

Binance’s Half-Year Report 2024: Details

Binance is celebrating its seven-year anniversary this month, hosting events, rewards, and merchandise giveaways for its users. CEO Richard Teng expressed his optimism for the future. Renowned crypto exchange platform Binance has released its half-year report for 2024, revealing insights into the state of the market. It noted a 37.3% growth in total crypto market capitalization year-to-date, bringing it to approximately $2.27 trillion. A strong first quarter, which saw over...

Solana Dominating Ethereum: SOL Analyst Now Targets $1,000

Following Bitcoin and other altcoins like Ethereum, Solana is edging higher, clawing its way back after sharp losses in June. Even though the buyers are yet to reclaim the $155 support level, the expansion over the last few days has seen the coin add 25% after plunging in early July. Is SOL Preparing For $1,000? These encouraging gains over the last few days have seen traders project major gains in...

Polygon (MATIC) and Shiba Inu (SHIB) Enthusiasts Are Betting Big on Pawfury’s (PAW) Game-Changing Revenue Model

Polygon (MATIC) is being used more frequently on DeFi and NFT platforms, boosting transaction volumes and user engagement. Shiba Inu (SHIB) has launched ShibaSwap, enhancing utilities and incentives for holders, and driving its market value up. Pawfury’s unique revenue model rewards early adopters and long-term holders, attracting many investors. Cryptocurrency traders are always on the lookout for the next big thing that will bring them great profits. Among these trends,...

Best New Meme Coin Presales to Join Today: BTFD Coin (7th Stage), Notcoin, and Moo Deng – Backed by Strong Community Support and Innovation

Meme coins are the life of the party in the crypto world. They’re bold, fun, and can offer substantial rewards for savvy investors who get in early. Presales are where the magic happens, giving you a front-row seat to the action before the coins hit the broader market. Today’s top contenders include BTFD Coin, Notcoin, and Moo Deng. These three projects combine humour, innovation, and real financial potential, making them...

Cardano Whales Quietly Accumulate Rival Altcoin for a 9,302% Gain by January

You are here: Home / News / Cardano Whales Quietly Accumulate Rival Altcoin for a 9,302% Gain by January Cardano is one of the top tokens on a bullish run in the last Quarter of 2024. With its upward trend in the last few days, It is only normal for traders to lean towards investing in ADA. However, top expert analysts discovered some interesting trends that involve whales massively buying...

US Treasury and IRS finalize crypto broker tax reporting rules

US Treasury and IRS finalize crypto broker tax reporting rules Mike Dalton · 2 months ago · 2 min read Brokers, including exchanges, must comply starting in 2026 and 2027. 2 min read Updated: Jun. 29, 2024 at 1:56 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset...

Criminal at Bitcoin 2024, BTC Strategic Reserve Bill, and more: Hodler’s Digest, July 28 – Aug. 3

Senator Lummis introduces the Bitcoin Strategic Reserve Bill, the convicted Bitfinex hacker appears at Bitcoin 2024, and other news. by Editorial Staff 10 min August 3, 2024 Share Share Share Share Top Five Stories of the Week Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, which would direct the United States government to start a reserve...

Naira Appreciates by 5.5% at Parallel Market

Naira Against Dollar Naira Appreciates by 5.5% at Parallel Market The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of business on Wednesday, December 4, 2024. This represents a 5.2% or N90 gain against the dollar when compared to the N1730 that was recorded the previous trading day. Read Also: The massive appreciation recorded against the dollar is coming with...