Binance's legal troubles are far from over, as the recent plea deal with the U.S. Department of Justice may not be the end and more scrutiny is expected, according to CEO Cory Klippsten, who advises users to move their funds off exchanges. He also predicts the potential shutdown or significant changes to Binance.US and highlights the negative impact of Binance's promotion of altcoins on Bitcoin. Klippsten forecasts a deluge of investment through spot Bitcoin ETFs in the U.S., leading to a bullish outlook for Bitcoin in the first half of 2024 and a long-term price target of $1 million per coin in 2030.
A federal judge has criticized the Securities and Exchange Commission (SEC) for making false and misleading representations in order to freeze assets belonging to a crypto firm called DEBT Box, potentially leading to sanctions against the SEC. The judge found that the SEC had misrepresented facts and undermined the integrity of the proceedings in the case against DEBT Box. The judge's order comes at a time when the SEC is facing lawsuits from other prominent crypto companies.
Aqua, a gaming NFT marketplace, has shut down due to the slow growth of the Web3 gaming market, according to CEO Sean Ryan.
Paolo Ardoino, CEO of Tether, discusses the company's plans for diversification, its focus on becoming an infrastructure provider, and its belief in the importance of Bitcoin and renewable energy.
Bitcoin reached a new high of $39,000 while gold hit an all-time high, and stocks trended higher after Federal Reserve Chair Jerome Powell warned against concluding that rate hikes are over, leading to a pullback in Treasury yields and the DXY.
US-based crypto exchange Coinbase has experienced a 209% increase in customer information requests from government and law enforcement entities, with the majority originating from outside of the United States.
Billionaire Mike Novogratz believes that Bitcoin is on the verge of a significant price increase, citing the introduction of BTC spot market ETFs, the upcoming halving, and the actions of the Federal Reserve as catalysts.
Former FTX CEO Sam Bankman-Fried, who was found guilty of seven felony charges, has decided not to pursue any post-trial motions, potentially facing up to 115 years in prison pending sentencing on March 28.
Elon Musk's recent damaging actions towards X, formerly Twitter, may actually be part of a calculated strategy to benefit him in the long run, involving lowering his debt, acquiring equity, and eventually turning the company around.
The Vinter ByteTree BOLD1 Index (BOLD) shows that both Bitcoin and gold can coexist and be profitable due to their low correlation and diversification benefits, with BOLD outperforming the Nasdaq and providing a defensive trade for investors.
SEC official Hester Peirce criticizes the agency's enforcement actions against the crypto sector and calls for new ideas for US regulation.
The U.S. Securities and Exchange Commission (SEC) is seeking public opinion on Fidelity's bid to create an Ethereum-based exchange-traded fund (ETF) on the Chicago Board Options Exchange (CBOE), with Fidelity stating that the approval of its ETH ETF would provide added safety for US investors.
Lawyers representing the SEC and Terraform Labs and co-founder Do Kwon argued over evidence from a whistleblower in the securities lawsuit, with the judge suggesting that none of the sealed filings would remain confidential if the case goes to trial.
Several games that use Immutable's blockchain technology, such as Avalon, Blocklords, and Illuvium, are now available on the Epic Games Store, offering faster and more affordable on-chain interactions than Ethereum's mainnet.
CD Projekt Red has announced an upcoming update, version 2.1, for Cyberpunk 2077 that will add a fully functioning metro system, more options to listen to Night City radio stations, and more content with romantic partners.
The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on spot Bitcoin ETF applications in early January, potentially bringing a massive influx of capital into the crypto market and doubling Bitcoin's market cap.
Soccer star Cristiano Ronaldo is facing a $1 billion class-action lawsuit for his involvement with cryptocurrency exchange Binance, with allegations of promoting and selling unregistered securities.
Smaller cryptocurrencies, such as AVAX, HNT, BLUR, and RUNE, outperformed Bitcoin in November, indicating the start of an altcoin season as investors rotated profits into riskier assets within the digital asset market.
Bitcoin (BTC) rallied 9% in November, with $38,000 as a major resistance level, but analysts are bullish on Bitcoin and predict a potential rally to $100,000 by the end of 2024 if spot Bitcoin exchange-traded funds are approved.
The Ronin crypto wallet mobile app has integrated with Binance Pay, allowing users to import funds from Binance exchange accounts and convert cryptocurrencies into Ronin ecosystem tokens.
Blockchain technology has the potential to revolutionize the real estate sector by offering fractional ownership, increased transparency, and efficient transactions, as showcased by Bixos Estate's platform, which utilizes the UBXS token to lower entry barriers and provide privileges for users.
Bitcoin (BTC) surged to $39,000, its highest price in 19 months, as the US Federal Reserve indicated potential policy easing.
Bitcoin hit $39,000 for the first time in April 2022, with renewed interest from investors due to high-profile firms applying for a spot Bitcoin exchange-traded fund and confidence in the economy's recovery.
The rise of meme-inspired tokens, such as GFY and TRUCK, driven by figures like Elon Musk, highlights the enduring popularity of these risky investments within the crypto trading landscape.
The Ethereum blockchain's greenhouse gas emissions before a software upgrade were equivalent to the yearly emissions of Honduras, but the upgrade drastically reduced its energy usage and current emissions are similar to five round-trip flights from London to New York.
Bitcoin ETF Token (BTCETF), a new altcoin, has the potential to outpace Solana and Ethereum as it aims to benefit from the buzz around spot Bitcoin ETF approval in the US.
Bitcoin's price is approaching $40,000 amid the possibility of Federal Reserve rate cuts and potential approval of a Bitcoin ETF, along with other factors like the softening US dollar and stablecoin stabilization.
Binance executives reportedly informed traders at an exclusive dinner in Singapore about a potential $4.3 billion settlement with U.S. officials, allowing the exchange to continue operating.
The Lazarus Group, a North Korea-linked hacker organization, has reportedly stolen $3 billion in cryptocurrency over the past six years, with $1.7 billion stolen in 2022 alone, likely to fund North Korean projects, according to cybersecurity firm Recorded Future.
Bitcoin transactions waste an astonishing amount of water, with each transaction estimated to use over 16,000 liters, revealing the significant environmental impact of cryptocurrencies, according to a study published in Cell Reports Sustainability. The research also found that Bitcoin's water footprint has increased by 166% between 2020 and 2021, prompting calls for more efficient systems and the use of renewable energy in crypto mining.
Coinbase CEO Brian Armstrong predicts that autonomous AI agents will use cryptocurrencies for transactions in the future, as they will need to pay for services and it is unlikely they will use traditional methods like Visa, and he also sees potential for the intersection of AI and crypto to address issues of fake information and establish information provenance. Coinbase is already utilizing AI tools for various purposes, including fraud prevention and customer support. Armstrong also mentions that stablecoins, layer-2 solutions, decentralized social media, and NFTs have the potential to drive crypto adoption further.
Altcoins like Ethereum, Chainlink, Polkadot, and Dogecoin have seen price increases in the past day, possibly indicating sustained growth in the market; a crypto analyst named Moustache references technical indicators such as the golden cross and the Relative Strength Index (RSI) to support his prediction of a new growth cycle for altcoins, while discussing the potential for even greater altcoin growth than in the past; Bitcoin Minetrix (BTCMTX) is an emerging cloud mining project that aims to make Bitcoin mining more accessible and affordable for regular people, offering a simplified approach to mining through staking BTCMTX tokens.
Voting for Cardano's Improvement Proposal-1694, known as the Cardano Ballot, will begin on Friday to gauge the community's sentiment towards decentralization, while Charles Hoskinson expresses his views on the industry's need to stand united against government control.
Kaspa, a cryptocurrency, has seen explosive returns in 2023, surging 71,920% year-to-date, and according to a crypto analyst, it has the potential to reach $5 per token in the next bull cycle due to its impressive technology and potential market growth.
Shares of crypto miners and bitcoin-tracking companies rose as the price of Bitcoin reached a near 19-month high on improving risk appetite, fueled by optimism of a potential approval of a spot exchange-traded fund.
CleanSpark, a technology firm, announced that it mined 666 bitcoins in November and sold 402 BTC at an average price of approximately $36,600 each, resulting in $14.7 million in proceeds.
Spot ETFs could potentially reduce the volatility of Bitcoin by broadening the owner base and increasing liquidity, allowing for stable prices and less influence from large holders known as whales, although some analysts argue that cash creation involved in the ETFs could instead contribute to price volatility.
Coinbase CEO Brian Armstrong denies plans to launch a token for its layer-2 network Base, despite an earlier statement by the Chief Legal Officer, and expresses the goal of making layer-2 the default on the platform.
Coinbase CEO Brian Armstrong stated that the exchange has no plans to launch a token for its layer-2 network Base, despite earlier comments by Coinbase's Chief Legal Officer suggesting the possibility, and emphasized the company's focus on making layer-2 the default option on its platform to achieve faster and cheaper transactions.
CleanSpark Inc. reported a 24% increase in bitcoin mining in November 2023 compared to the same period last year, with improved efficiency and a significant increase in production from fees.
Three altcoins, RNDR, SNX, and THETA, are exhibiting bullish formations against Bitcoin and have the potential to outperform it in December. RNDR has broken key resistance and could increase by another 35%, SNX has moved above a 1,000-day resistance trend line and could increase by 100%, and THETA shows signs of a breakout and could increase by 165%. However, failure to break out or close below certain levels could trigger significant drops for these altcoins.
Cristiano Ronaldo faces a $1 billion lawsuit for endorsing Binance, a cryptocurrency exchange, which led to loss-making investments, while he simultaneously created NFTs to reward fans for their support.
KuCoin's investment arm is providing a $20,000 grant to the TON network for funding initiatives, starting with five TON-based mini-apps focused on payments and gaming.
The CEO of eToro, Yoni Assia, believes that the appeal of Bitcoin ETFs for institutions and the ease of investing through various platforms for non-professionals could drive further adoption of Bitcoin. Assia also mentioned that Bitcoin ETFs could bolster the asset's legitimacy in the eyes of institutional investors and support its price.
The development of a state-backed "digital pound" should proceed with caution, according to MPs, who have warned about unclear benefits and the need for safeguards to protect cash access and privacy.
Terraform Labs, the company behind terraUSD (UST), may face a class-action lawsuit in Singapore after a court dismissed an attempt to have the case thrown out, with claimants alleging fraudulent misrepresentation and a combined loss of $57 million due to UST losing its peg to the U.S. dollar.
Bitcoin surged to $38,800, reaching its highest point since May 2022, as institutional demand and expectations of a spot ETF boosted the cryptocurrency, while on-chain data indicated a lack of sell pressure and strong demand as a significant amount of Bitcoin was moved to cold storage, pushing the overall market capitalization to $1.5 trillion and contributing to the growth of large-cap tokens such as Solana's SOL and Avalanche's AVAX; however, some experts predict muted growth for Bitcoin in December based on historical seasonality trends.
Cristiano Ronaldo is facing a class-action lawsuit over his promotion of Binance NFTs, with plaintiffs seeking damages exceeding $1 billion, claiming that both Ronaldo and Binance made deceptive statements to promote the NFT collection.
The price of Reddit's crypto token, Moons, has increased by double-digits after Reddit burned its remaining tokens, solidifying its contract and imposing a hard cap on the supply.
Wallets linked to defunct crypto trading firms FTX and Alameda Research moved $10.8 million across eight tokens to Binance, Coinbase, and Wintermute, with a total transfer of $551 million since October 24 using 59 different cryptocurrency tokens.