The surge in meme coin trading is gradually shifting how these assets are perceived. Meme coins can blend cultural context with financial gain alongside social commentary. Meme Coin Popularity is on the Rise Meme coins, cryptocurrencies inspired by humor and internet culture have captured the crypto world’s attention like never before. Unlike traditional cryptocurrencies designed […] Source: https://news.bitcoin.com/meme-coins-are-moving-from-internet-jokes-to-cultural-and-financial-assets-binance-blog/
Month: December 2024
104 whale wallets now hold 57% of all Ether in bullish sign: Santiment
Some analysts predict Ether could surpass its all-time high during the first quarter of 2025, while Santiment shows an average of 130,000 Ethereum addresses were created this month. Source: https://cointelegraph.com/news/104-whale-wallets-hold-57-percent-ethereum-bullish-sign-santiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
LastPass threat actor steals $5.4M from victims just a week before Xmas
White hat organization Security Alliance (SEAL) urged users to transfer crypto funds from LastPass if their private keys had been stored there since December 2022 or earlier. Source: https://cointelegraph.com/news/lastpass-threat-actor-steals-over-5-million-from-40-victims?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FCA Calls for Input on Plans to Tackle Market Abuse in UK Crypto Market
The Financial Conduct Authority (FCA) has released a discussion paper aiming to tighten rules in the UK’s crypto-asset market by clamping down on what it sees as abuse and a lack of transparency. The regulator says it hopes to improve regulatory clarity in an effort to provide “clear and consistent ‘rules of the game’ for firms and consumers,” according to…
Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown
“The seeds of a currency war are already being sown,” an expert has warned, as Trump’s policies risk inflaming devaluations, dollar volatility, and global economic instability. Currency Wars Loom as Trump’s Policies Threaten Global Market Stability Nigel Green, CEO of the wealth management advisory firm Devere Group, has raised concerns about the growing likelihood of […] Source: https://news.bitcoin.com/currency-wars-are-brewing-the-seeds-of-a-global-financial-spiral-are-being-sown/
Nigeria arrests nearly 800 in raid on crypto pig butchering hub
Nigeria’s anti-corruption agency arrested 792 suspected to be involved in a crypto romance scam scheme based out of the country’s largest city. Source: https://cointelegraph.com/news/nigeria-arrrests-800-crypto-pig-butchering-scam-hub?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP Community Gains New Rewards With Ripple’s RLUSD Stablecoin Launch
Ripple’s RLUSD stablecoin debuts on Uphold, offering rewards and exclusive benefits, solidifying its role in digital payments and boosting value for XRP investors. Ripple’s RLUSD Launches on Uphold—Where XRP Community Gains More Uphold, a leading Web3 financial platform, has confirmed that Ripple’s new USD-backed stablecoin, RLUSD, will be fully accessible on its platform starting Dec. […] Source: https://news.bitcoin.com/xrp-community-gains-new-rewards-with-ripples-rlusd-stablecoin-launch/
Bitcoin-to-Gold Ratio Hits Historic Peak as Year-End Rally Soars
Bitcoin’s break to new heights this week has nudged its ratio against gold to record levels as institutions continue to pile into the digital asset toward the end of the year. The ratio, which measures how many ounces of gold one Bitcoin can buy, reached unprecedented levels Monday, rising to 37.3, which means one Bitcoin can now buy roughly 37…
Trump Doubles Down on Regulation Cuts—Plans to Slash 10 Rules per New Policy
Donald Trump unveils an aggressive plan to slash 10 regulations for every new one, promising unprecedented deregulation to spur jobs, innovation, and economic growth. Regulation Overhaul: Trump’s Ambitious 10-for-1 Cut Strategy Explained U.S. President-elect Donald Trump is gearing up to initiate sweeping regulatory reforms across numerous industries, promising significant changes aimed at boosting economic growth. […] Source: https://news.bitcoin.com/trump-doubles-down-on-regulation-cuts-plans-to-slash-10-rules-per-new-policy/
Optimism high for Ethena’s USDtb stablecoin as it clocks $65M TVL on day 1
Ethena’s USDtb has already amassed more than $65 million in total value locked on the opening day. Source: https://cointelegraph.com/news/ethena-labs-launches-stablecoin-backed-by-blackrocks-buidl-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound