On January 7th, COINOTAG News reported significant activity in the crypto market following the announcement of the upcoming Binance Listing. Data from 0xScopescan indicates that a prominent SWARMS whale executed a substantial sell-off, offloading 2 million tokens valued at approximately $1.6 million. Consequently, the price of SWARMS experienced a notable decline, plummeting from $0.60 to … Read more
USD/CAD depreciates as the CAD gains support following the news of PM Trudeau’s resignation. Canada is considering advancing the release of retaliatory tariffs on US goods. The US Dollar corrects downwards ahead of ISM Services PMI due later in the day. The USD/CAD pair remains subdued as the Canadian Dollar (CAD) receives support from news … Read more
Solayer Labs has announced the 2025 roadmap for the Solayer InfiniSVM, a hardware-accelerated blockchain designed to enhance scalability and performance. On Jan. 7, Solana Floor, a restaking network on Solana, tweeted that the architecture of this system is based on Shared Virtual Memory and aims at building one globally distributed-state machine with high-throughput, low-latency functionality … Read more
Sending money overseas? Explore how cryptocurrency makes international transfers faster, cheaper and securer for your loved ones.
Bitcoin mining firms are turning to billions in fresh funding as high energy prices squeeze profits. Facing soaring energy costs, Bitcoin (BTC) miners in the U.S. are building war chests worth billions as competition for resources intensifies and profitability following Bitcoin’s latest halving remains under pressure, the Financial Times reports. Companies like Marathon Digital, Riot … Read more
Bitcoin‘s surge past $100,000 for the first time in three weeks prompts predictions for a further rally toward $120,00 and beyond.
Ripple says the UAE is spearheading global crypto adoption, with innovative regulations and stablecoin growth positioning the region as a hub for digital assets in 2025. Ripple Champions UAE’s Crypto Dominance – Digital Assets Set to Explode Ripple’s Middle East and Africa Managing Director, Reece Merrick, has highlighted the company’s ongoing commitment to fostering the … Read more
The blockchain and crypto industry is steadily popping in with new AI based projects. Among many crypto project stands is Ozak AI (OZ) and Solana (SOL). Ozak AI project is continuously getting huge attention as a pioneering technology platform which is specialized in predictive AI and advanced data analytics for the financial industry. All-in-all, with … Read more
FTX EU, the European arm of Sam Bankman Fried’s now-bankrupt cryptocurrency trading empire, has been sold to Backpack Exchange, a crypto trading company founded by former Alameda Research and FTX employees. FTX EU, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), cost Backpack $32.7 million, the exchange said. Backpack’s new … Read more
Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition.