Bullish news flooded the crypto markets two weeks ago as bitcoin exchange-traded fund (ETF) options launched, ethereum ETF inflows turned positive, and non-fungible tokens (NFTs) started heating up again. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. […] Source: https://news.bitcoin.com/remember-2-weeks-ago-bitcoin-hit-all-time-highs-all-week-long/
Crypto exchange executives said growing regulatory clarity and high hopes after US President-elect Donald Trump’s win contributed to high trading volumes in November. Source: https://cointelegraph.com/news/crypto-exchanges-bumper-trading-volumes-in-november?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DOGS has also entered into a partnership with Best Friends Animal Society, a nonprofit dedicated to animal welfare in the US. Source: https://cointelegraph.com/news/dogs-token-donate-4-5-million-of-unclaimed-airdrops-charities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior unfulfilled tariff threats against China, Mexico, and Canada during his first term. Officials under President Luiz Inacio Lula da Silva described the remarks as provocations […] Source: https://news.bitcoin.com/brazil-pushes-back-on-trumps-brics-tariff-threat-while-championing-single-currency-vision/
CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut this year. Source: https://cointelegraph.com/news/fed-december-rate-cut-probability-rises-fedwatch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple warns investors of escalating scams as XRP’s value surges over 400%, urging vigilance against fraud tactics like deepfakes, phishing, and fake giveaway schemes. Ripple to Investors: Beware of Scammers Exploiting XRP’s Unstoppable Surge Ripple has raised concerns about the surge in cryptocurrency scams as the digital asset market continues to expand. The company issued […] Source: https://news.bitcoin.com/ripple-sounds-alarm-on-scams-as-xrp-rockets-to-third-largest-crypto/
XRP is up 92% in the last seven days, and meme coins on the XRP Ledger (XRPL) network are experiencing even larger percentage gains as the ecosystem attracts users from other blockchains. The charge is led by an 18-month-old meme coin, ARMY—a reference to the so-called XRP Army of enthusiastic investors and supporters—which jumped from less than a $1 million…
The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio. Source: https://cointelegraph.com/news/sonic-labs-launch-layer-1-blockchain-soon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor: Trump’s Bitcoin Advocacy Contradicts BRICS Tariff Threats Jeremy Siegel, professor emeritus of finance at the Wharton School, commented Monday on President-elect Donald Trump’s plan to impose 100% tariffs on BRICS […] Source: https://news.bitcoin.com/bitcoin-not-brics-is-the-true-threat-to-us-dollar-reserve-warns-wharton-professor/
Japanese crypto exchange DMM Bitcoin plans to cease operations by March 2025, transferring customer accounts and custodial assets to SBI VC Trade, the crypto arm of financial giant SBI Holdings, according to a statement Monday. The closure comes months after DMM Bitcoin disclosed a $305 million loss due to a cyberattack that resulted in the theft of 4,502.9 Bitcoin (BTC).…
