Futures open interest on XRP dropped by 54% in three weeks. Is XRP gearing up for another rally? Source: https://cointelegraph.com/news/xrp-price-must-reclaim-2-30-to-absorb-buy-wall-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
New Mining Legislation in El Salvador Paves Way for Gold Exploitation
On Monday, the Legislative Assembly of El Salvador approved a new metallic mining law, opening the door for gold exploitation in the country. The change, previously hinted at by President Nayib Bukele, was met with criticism from environmental activists, who believe this will negatively affect the country. With New Mining Law, El Salvador Stakes Claim […] Source: https://news.bitcoin.com/new-mining-legislation-in-el-salvador-paves-way-for-gold-exploitation/
Ethereum price falls to $3.3K, but data shows ETH bulls are still in control
ETH price broke down as the wider market corrected, but derivatives data shows traders bullish stance on Ethereum. Source: https://cointelegraph.com/news/ethereum-price-falls-to-3-3k-but-data-shows-eth-bulls-are-still-in-control?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Year in Crypto: Bitcoin and Ethereum ETFs Bring More Investors Into Crypto
It may feel like ages ago in a fast-paced crypto industry, but this year’s launch of spot ETFs for Bitcoin and Ethereum—in January and July, respectively—ushered in a seismic shift for the crypto industry. Spot Bitcoin ETFs have attracted mountains of cash, and have enabled investors to gain exposure to BTC without the hassle of managing private keys. They have…
Challenges for GameFi in 2025
According to a Blockchain Game Alliance survey, 42% of respondents said that player reward models are a top benefit for attracting new users. Source: https://cointelegraph.com/news/challenges-gamefi-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth
Cryptocurrency exchange Bitget has announced plans to consolidate its two native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB), into a single utility token, BGB. The transition, effective Dec. 27, aims to create a unified onchain and off-chain ecosystem. Bitget Merges Tokens BGB and BWB Bitget, ranked among the top three globally in trading […] Source: https://news.bitcoin.com/token-merger-bitget-unifies-bgb-and-bwb-for-ecosystem-growth/
Betting markets predict bullish 2025 for crypto
Prediction markets Kalshi and Polymarket anticipate a slew of wins for crypto in 2025. Source: https://cointelegraph.com/news/betting-markets-predict-bullish-2025-crypto?utm_source=rss_feed&utm_medium=rss%3F_%3D1735236970519&utm_campaign=rss_partner_inbound
MEXC Research: Top 10 Futures Tokens of 2024
The crypto derivatives market has grown rapidly, with more traders seeking advanced tools to manage risk and amplify returns. The leading global exchange, MEXC has expanded its future contract offerings to meet this demand. This report highlights the top 10 most traded future contract assets on MEXC in 2024. By analyzing these popular assets, we […] Source: https://news.bitcoin.com/mexc-research-top-10-futures-tokens-of-2024/
Russia Enacts Ban on Crypto Mining Operations in 10 Regions, Hints at Expansion
Russia recently enacted a ban on crypto mining operations in 10 regions until 2031, citing high energy consumption issues as the cause. Deputy Prime Minister Alexander Novak stated that this list might expand. Russia Issues Crypto Mining Restrictions in 10 Regions The future of cryptocurrency mining in Russia is in jeopardy. The Russian cabinet recently […] Source: https://news.bitcoin.com/russia-enacts-ban-on-crypto-mining-operations-in-10-regions-hints-at-expansion/
Betting markets predict bullish 2025 for crypto
Prediction markets Kalshi and Polymarket anticipate a slew of wins for crypto in 2025. Source: https://cointelegraph.com/news/betting-markets-predict-bullish-2025-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound