China’s foreign exchange regulator has imposed stricter controls on cryptocurrency-related activities, requiring banks to monitor and report high-risk trades. The State Administration of Foreign Exchange (SAFE) mandates that banks track foreign exchange behaviors linked to underground banking, cross-border gambling, and illegal crypto transactions. These measures compel banks to assess the identity, funds, and frequency of […] Source: https://news.bitcoin.com/china-enforces-stricter-crypto-monitoring-to-curb-illegal-transactions/
Month: January 2025
Pump.fun’s daily revenue jumps to $14M on Jan. 2
Data showed that Pump.fun generated over 72,000 SOL tokens worth about $14 million in one day. Source: https://cointelegraph.com/news/pump-fun-daily-revenue-14-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Memecoins represent ‘fundamental shift’ in value creation — DWF Labs
DWF Labs said memecoins have evolved from satire into a market vertical attracting significant capital. Source: https://cointelegraph.com/news/memecoin-shift-value-creation-dwf-labs-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders see 'massive' $130K+ BTC price next as TradFi returns
The return of the Bitcoin bull market — and new all-time highs — is “right around the corner,” confident traders say. Source: https://cointelegraph.com/news/bitcoin-traders-massive-130k-btc-price-next-trad-fi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
January crypto airdrops to hand out $625M in JUP, 7% supply of SONIC
Eligible users of Jupiter and Sonic — both in the Solana ecosystem — will receive airdrops in the coming weeks. Source: https://cointelegraph.com/news/airdrops-heading-jupiter-sonic-users-january?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uniswap teases v4 is ‘coming soon’ after missing its Q3 target last year
Uniswap hinted that the latest iteration of its DeFi platform will come out this year. It was undergoing testing for the duration of 2024. Source: https://cointelegraph.com/news/uniswap-teases-v4-coming-soon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Singapore Refines Crypto Regulations, Strengthening Lead as Asia’s Top Digital Asset Hub
Singapore is solidifying its lead as Asia’s top crypto hub, with expanding regulations and a surge in licensed institutions drawing major global digital asset firms. Singapore Strengthens Position as a Crypto Powerhouse Singapore is reinforcing its status as a leading cryptocurrency hub through the Monetary Authority of Singapore’s (MAS) comprehensive regulatory approach. With over 200 […] Source: https://news.bitcoin.com/singapore-refines-crypto-regulations-strengthening-lead-as-asias-top-digital-asset-hub/
Memecoins will continue to lose market share to AI agent coins: Dragonfly VC
Dragonfly Capital’s managing partner believes AI agents will dominate throughout 2025 but warns there may be a “sudden reversal” in popularity by 2026. Source: https://cointelegraph.com/news/memecoins-ai-crypto-agent-tokens-outperformance-dragonfly-capital-prediction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Elon Musk’s bizarre name change on X turns trader’s $66 into $3M profit
The Ethereum-based KEKIUS market cap exploded to $380 million on Jan. 1 before falling to $100 million after Musk changed his profile name and photo back. Source: https://cointelegraph.com/news/trader-turns-profits-3-million-musk-kekius-maximus-memecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Celsius to appeal order that disallowed its $444M claim against FTX
The crypto lender made two claims, both of which were dismissed by Judge Dorsey for various reasons, including procedural shortcomings. Source: https://cointelegraph.com/news/celsius-appeal-ruling-dismissed-claims-ftx?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound