Crypto News Center

Vitalik Buterin Reveals Next Stages for Ethereum in Effort to Streamline and Simplify the Protocol

Vitalik Buterin has introduced “The Purge”, a plan to streamline Ethereum by reducing data accumulation and removing outdated components, aiming to enhance network efficiency. The initiative seeks to address Ethereum’s “state permanence” issue, where data remains stored indefinitely, leading to continuous data growth. The Purge is complemented by the recent Verge update, which introduces “stateless verification” to lower hardware requirements, allowing devices with limited storage, like mobile wallets, to join...

Latam Insights: El Salvador’s Gold-to-Bitcoin Power Trade, Argentina Opens to Foreign Crypto ETFs

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, El Salvador could make a gold-to-bitcoin power trade, Argentina opens up to foreign crypto ETF opportunities, and Brazil might scale back its stablecoin self-custody ban provision. El Salvador Discovers $3 Trillion Gold — Will It All Go Into Bitcoin? Salvadoran President Nayib Bukele has highlighted the...

NY Supreme Court’s ruling saves BTC miner Greenidge from closing

Homepage > News > Tech > NY Supreme Court’s ruling saves BTC miner Greenidge from closing The New York Supreme Court has ruled that the state’s environmental watchdog’s decision to shut down BTC miner Greenidge (NASDAQ: GREE) was “affected by errors,” allowing the miner to keep operating as it reapplies for a new permit. Greenidge has been locked in a legal battle with New York’s Department of Environmental Conservation (DEC)...

iDEGEN’s pre-market auction surpasses 550m tokens as BTC stays around $100k

Ripple’s XRP increased remarkably in November 2024 with a price surge of 364%. This has fueled market optimism, with a growing number of investors turning bullish.  But although XRP’s sudden surge is massive, there is a token that some analysts believe could deliver a 10x better return than XRP. Rexas Finance (RXS), a new cryptocurrency, has captured the spotlight – and the attention of many investors. This article will explore...

‎Mufeed debuts on Nomu today

Logo of Mufeed Co. Shares of Mufeed Co. will start trading on the Nomu-Parallel Market today, Nov. 26, with the symbol 9615 and ISIN Code SA16516KM7H2, at SAR 77 apiece. The stock will trade with a daily price fluctuation limit of +/-30% and +/-10% static price fluctuation limits. For More IPOs Mufeed offered 600,000 shares on Nomu, representing 9.09% of the company’s SAR 66 million post-IPO capital, divided into 6...

PEPE PRICE ANALYSIS & PREDICTION (December 8) – Pepe Gears Up For Another Rally Following 20% Surges Overnight

Following a two-week bounce from close support, Pepe broke higher and looks ready for a massive rally, although the price looks calm. Pepe ended last month’s trading super strong after going through a short pullback. This brought a little pause in the bullish momentum as the price revisited the previously broken resistance (yearly high) as support. Bouncing back in the late month, the price increased but fell slightly earlier this...

Ripple and Mercado Bitcoin initiate cross-border payment service in Brazil

Ripple expands into Brazil with Mercado Bitcoin partnership, enabling seamless crypto-enabled international payments. Key Takeaways Ripple and Mercado Bitcoin's new system targets initial transactions between Brazil and Portugal. The partnership marks Ripple's continued expansion in Latin America. Ripple has partnered with Mercado Bitcoin, one of Latin America’s largest crypto exchanges, to launch a new crypto-enabled cross-border payments solution in Brazil.  This partnership will enable businesses to make faster, cheaper, and...

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net divestments since Jan. 11, 2024, to $19.13 billion. GBTC wasn’t alone in facing losses; Ark...

Pump.fun Blocks UK Users After Regulator Warning

By Mark Hunter 16 hours agoMon Dec 09 2024 10:58:59 Reading Time: 2 minutes Pump.fun has restricted access to UK users following new Financial Conduct Authority (FCA) regulations The platform cites compliance with the FCA’s crypto marketing rules as the primary reason for this decision UK traders have criticized the sudden ban, highlighting the growing tension between crypto platforms and regulators Popular Solana memecoin launchpad Pump.fun has banned UK users...

BlackRock’s IBIT Reaches 500,000 BTC Milestone; Grayscale Files for Solana ETF

BlackRock’s IBIT now holds 500,380 BTC, making up about half of all US Bitcoin ETF holdings. The US funds collectively control 5.156% of all Bitcoin; IBIT’s holdings are a significant portion of this. Recent trading saw IBIT and others take in over US$670 million after earlier profit-taking of US$550 million. Meanwhile, Grayscale has filed for a conversion of its Solana Trust to a Spot ETF. The largest Spot Bitcoin exchange-traded...