The lead of Reddit’s avatar NFT offering has left, sparking concerns from the platform’s users over whether the social giant will swing the axe at the program. Source: https://cointelegraph.com/news/reddit-avatar-nft-lead-exit-holders-fear-project-future?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
US crypto excitement akin to ‘space race’ under Trump: TRM Labs exec
“We’re seeing people up and down the cabinet who have been supportive of digital assets, innovation, and AI,” said TRM Labs’ Ari Redbord. Source: https://cointelegraph.com/news/us-crypto-enthusiasm-space-race-under-trump-trm-labs-exec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs roar back with second day of $900M+ inflows
While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days. Source: https://cointelegraph.com/news/bitcoin-etfs-second-straight-day-inflows-above-900-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brad Garlinghouse Declares ‘Trump Bull Market Is Real’ as Ripple Roars Back to US
“The Trump bull market is real,” Ripple’s CEO declared, pointing to skyrocketing U.S. hires and deals as crypto’s explosive comeback accelerates under the new administration. Ripple CEO: Crypto’s New Era Is Here and Trump’s Team Is Fueling the Fire Ripple CEO Brad Garlinghouse has voiced strong optimism about the U.S. cryptocurrency market, attributing the shift […] Source: https://news.bitcoin.com/brad-garlinghouse-declares-trump-bull-market-is-real-as-ripple-roars-back-to-us/
Bitcoin ETFs scooped up almost 3X more BTC than produced in December
Spot Bitcoin ETFs in the United States hoovered up a whopping 51,500 BTC in December while only a fraction of that was produced. Source: https://cointelegraph.com/news/bitcoin-etfs-scooped-up-270-more-bitcoin-than-produced-december?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jeju Island Goes Meta: NFTs to Lure Gen Z Tourists
Jeju Island, South Korea’s special self-governing province, plans to introduce NFT-based digital resident tourism cards in the second half of this year. Jeju Authorities Target Millennial and Gen Z Visitors South Korea’s special self-governing province, Jeju Island, has announced plans to issue a non-fungible token (NFT)-based digital resident tourism cards in the second half of […] Source: https://news.bitcoin.com/jeju-island-goes-meta-nfts-to-lure-gen-z-tourists/
Canadian man says kidnappers wanted to torture him for his Bitcoin: Report
An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers. Source: https://cointelegraph.com/news/canadian-man-kidnappers-torture-him-for-bitcoin-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2
Over the past 30 days, Bitcoin and Ethereum network fees have remained relatively modest, even as prices have experienced an upward trend. During the first week of 2025, the average transaction fee on the Bitcoin network was $1.40. In comparison, Ethereum onchain fees were slightly lower during the first six days of January, reflecting a […] Source: https://news.bitcoin.com/crypto-fees-ride-low-onchain-bitcoin-and-ethereum-costs-dip-below-2/
Canada PM frontrunner once vowed to make the country a ‘crypto capital’
Canadian Prime Minister Justin Trudeau’s exit has put attention on opposition leader Pierre Poilievre, who has a history of pro-crypto comments. Source: https://cointelegraph.com/news/canada-pm-frontrunner-poilievre-vowed-crypto-capital?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana Proposal Promises to Bring Support to Billions of Users
Solana developers have put forward a proposal that could transform how its blockchain handles billions of user accounts, addressing one of the biggest hurdles facing mainstream adoption. The proposal introduces a “lattice-based” hashing system that fundamentally changes how the blockchain tracks and verifies user account states. Following approval, the proposal could set a new standard for blockchain scalability, potentially influencing…