Bitcoin “has only just started its price discovery phase,” crypto analyst ‘Daan Crypto Trades’ told his 390,000 followers on X on Jan. 7. Price discovery occurs when an asset enters new territory and makes consecutive new all-time highs. At the time of writing, BTC was just 6% away from its Dec. 17 peak price of […]
Jeju Island, South Korea’s most famous tourist destination, is embracing blockchain technology to transform its tourism sector. Starting in the second half of 2025, the self-governing province plans to roll out NFT-based digital visitor cards, offering discounts, travel subsidies, and special membership perks at popular attractions. NFT Visitor Cards Reports from local outlets indicate that […]
In the first three days of this year, digital asset investment products experienced inflows totaling $585 million. However, the full week, including the last two trading days of 2024, recorded net outflows of $75 million. Globally, 2024 concluded with a record-breaking $44.2 billion in inflows. This figure is nearly four times the previous record of […]
The world’s second-largest corporate holder of Bitcoin, MARA, also known as Marathon Digital Holdings, has lent out around 16% of its treasury. In a production and mining operation update released on Jan. 3, the firm revealed that 7,377 BTC, worth around $730 million at current prices, has been “temporarily loaned to third parties.” Its total […]
Cloud mining bitcoin platform, BitFuFu has entered into a two-year agreement with Bitmain, to acquire up to 80,000 S-series mining rigs. The deal includes Bitmain’s latest S21 XP and S21 Pro models, which marks a major expansion for BitFuFu’s operations. According to the original press release, the agreement allows BitFuFu to purchase miners in stages, […]
On Jan. 2, the T3 Financial Crime Unit (T3 FCU), a collaboration between Tether, Tron, and TRM Labs, announced that it had passed “a significant milestone in its fight against cryptocurrency-related financial crime.” The unit, launched in August 2024, has worked closely with global law enforcement agencies to “successfully intervene in cases involving money laundering, […]
Crypto markets held on to gains made late last week over the weekend, and momentum could continue into the following days. There has been a small ‘Santa rally’ for stocks and crypto markets over the first few days of the year, with around $280 billion entering digital asset markets. This week will see the release […]
Bitcoin’s price recovered from the most substantial declines earlier this week that drove it to a monthly low but still struggles to return to six-digit territory. With the weekly close just hours away, here are the potential risks the cryptocurrency faces if it remains under this coveted level. BTC to Close Below $100K? The last […]
There has been a significant reduction in losses from exploits, hacks, and scams in December compared to previous months. The latest report by blockchain security company CertiK recorded a total of approximately $28.6 million in losses – the lowest monthly figure in 2024. December Crypto Losses Are 2024’s Lowest Exploits dominated the financial impact, accounting […]
Not without some controversy and tense moments, the 119th US Congress was officially sworn in, with Republicans dominating both chambers for the first time in six years. Trump-backed Mike Johnson was re-elected as the US House Speaker on the first ballot in a 218-215 vote on Friday. Many in the cryptocurrency community were quick to […]