Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ co-founder Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec. 25. The decision clears the path for Montenegro’s Justice Minister to determine Kwon’s extradition destination, which is now expected to be the US due to the ministry’s established stance, … Read more
Crypto.com has launched a new US trust company, enhancing its custody services tailored for institutions and high-net-worth individuals. This development represents a significant stride in Crypto.com’s efforts to penetrate the North American cryptocurrency market more effectively. As part of its ongoing global expansion strategy, the company has successfully secured regulatory licenses in diverse jurisdictions. Crypto.com … Read more
A whale has been spotted aggressively accumulating LINK, the native token of the decentralized oracle network Chainlink, according to blockchain tracking firm Lookonchain. Lookonchain reports that a whale suddenly created 30 new wallets to accumulate $34.1 million worth of LINK tokens from Binance. “Suspicious LINK accumulation spotted! Over the past 5 days, 30 newly created … Read more
On Dec. 25, 2024, at 3:30 p.m. Eastern Time as Christmas festivities unfold, bitcoin’s price hovers at a cool $99,092 amidst the holiday’s quiet market. Meanwhile, a treasure of 210 bitcoins, last touched over a decade ago and now valued at $20.6 million, has stirred into action. Vintage Bitcoin Stashes Resurface Several dormant bitcoin wallets … Read more
Orderly Network, a prominent decentralized trading company, has recently announced its exclusive partnership with Stork Oracle. The collaboration targets to solidify Orderly Network with an unparalleled Oracle performance by leveraging Stork Oracle’s advanced features. The platform disclosed this partnership in an exclusive social media post. We just partnered with @StorkOracle 💜 Stork provides Orderly with … Read more
Major investors are moving away from Shiba Inu, directing their funds toward a new, low-priced token poised for significant growth. This asset, currently valued at just $0.001333, is capturing attention with predictions it could reach $15. The sudden shift in investment strategies prompts curiosity about what makes this token stand out. Could this be the … Read more
The Hashgraph Group has obtained a fund management license from the Abu Dhabi Global Market (ADGM) enabling it to launch a $100 million Web3 venture fund. Venture Fund to Back Hedera Network Innovators The Swiss-based Hashgraph Group has secured a fund management license from the Abu Dhabi Global Market (ADGM) in the United Arab Emirates. … Read more
Bitcoin’s 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit.
Bitcoin futures data suggests bulls are ready to push BTC price back above $100,000.
Rapid changes abound in the cryptocurrency market; tokens rise and fall in relevance as technology innovation, market mood, and adoption rates change. Though established major players like Ripple (XRP), valued at $2.50, and Solana (SOL), priced at $218.68, a new wave of under $1 tokens is gathering steam. These tokens—Rexas Finance (RXS), Algorand (ALGO), Bonk … Read more