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The world of cryptocurrency in 2024 continued to surprise, excite, and baffle. Among the diverse sectors within crypto, meme coin stood out as a source of humor and hefty returns for investors. This year was defined by breakout performers, including new entrants and veteran projects that held their ground. Here’s a review of the biggest … Read more
Solana (SOL) has recorded massive inflows, turning the tide after days in the doldrums. The community dubbed ETH killer picked up gains in price and on-chain activity alongside other altcoins. Meanwhile, Bitcoin (BTC) continued to move sideways, losing strength in overall market dominance. SOL Price Soars 6% Solana’s price is up 6.1% in the last … Read more
On December 26th, COINOTAG reported a significant transfer in the Bitcoin network, where an address ranked 30th on the Bitcoin rich list (beginning with 3DR2iG) executed a transaction of 11,999 BTC, valued at approximately $1.19 billion. The transfer occurred at 12:08 (UTC+8) and underscores the ongoing activity within the cryptocurrency market. Currently, this sending address … Read more
Thailand is embracing cryptocurrency innovation with the introduction of a Digital Asset Regulatory Sandbox aimed at facilitating Bitcoin payments in tourism. Former Prime Minister Thaksin Shinawatra advocates for Bitcoin payment trials, emphasizing its potential to enhance Thailand’s tourism sector and economy. Despite the enthusiasm, the Bank of Thailand maintains a ban on Bitcoin transactions, necessitating … Read more
Massive token releases redefining the scene overnight are not new in the Crypto market. Rising on the scene in 2023, Pepe Coin (PEPE) enthralls investors with its meme-based appeal and shockingly large market valuation. However, the focus is moving to a growing rival, Rexas Finance (RXS)—as the industry develops and investors hunt tokens with real-world … Read more
On December 26th, CryptoQuant’s CEO, Ki Young Ju, highlighted significant activity among large-scale investors, commonly referred to as whales, who are increasingly accumulating Bitcoin through discreet transactions. Recent data indicates a notable rise in annual average CoinJoin transactions over the past two years. While this trend has raised concerns surrounding potential associations with illicit activities, … Read more
Over 85% of Commonwealth of Independent States (CIS) trade now bypasses foreign currencies, signaling a strategic shift towards economic independence as national payment systems take center stage in regional commerce. Putin Champions National Currencies—CIS Bloc Hits 85% in Local Trade At the Commonwealth of Independent States (CIS) summit in the Leningrad Region this week, Russian … Read more
Singapore issues 13 crypto licenses, surpassing Hong Kong slower approval process, and strengthening its position as a crypto hub. The Monetary Authority of Singapore (MAS) will issue 13 Major Payment Institution Licenses to cryptocurrency operators by 2024. It is a big step for Singapore’s developing crypto industry. And it sets Singapore ahead of Hong Kong, … Read more
The Japanese Prime Minister said it is “difficult for the government to express its views” on implementing a Bitcoin strategic reserve.