The Sandbox, a metaverse platform, plans to make India its largest market in the next two years through a joint venture with BharatBox and partnerships with Indian companies like CoinDCX and Okto, despite regulatory challenges in the country's crypto industry.
The upcoming US general election in 2024 will be influenced by cryptocurrency, with divisions among policymakers and voters considering candidates' positions on digital assets, according to a survey conducted by Grayscale.
Ripple has been officially listed on the Central Bank of Ireland's Virtual Asset Service Providers Register, solidifying its presence in Ireland's crypto sector and opening up opportunities for collaboration and market growth.
A crypto trader turned $454 into $2.19 million in just two weeks by trading the meme token Coq Inu, while another trader made $3.2 million by holding Wrapped Bitcoin for eight months.
The head of South Korea's Financial Supervisory Services is visiting the US Securities and Exchange Commission to discuss cryptocurrency regulations and share insights into the crypto market, as South Korea continues its efforts to regulate the virtual asset market.
Bitfinex Securities Ltd successfully raises 5.2M USDT in a tokenized bond issuance, while WalletConnect announces plans to build an open, permissionless, and decentralized network.
Bitwise has released a new commercial featuring actor Jonathan Goldsmith promoting their Spot Bitcoin ETF application, expressing confidence in a potential approval despite the SEC's previous concerns and delays.
Bonk, a dog-themed meme token based on Solana, has seen a significant surge in value, rising over 300% in the past 30 days and over 1,000% since the start of September, making it the best-performing meme coin recently. The listing of Bonk on multiple crypto exchanges, along with the resurgence of Solana, has boosted its price and trading activity, while the improving macroeconomic environment and investor sentiment have also contributed to its rally.
FTX founder Sam Bankman-Fried, who is currently in prison awaiting sentencing on seven felonies, used cans of mackerel as currency to pay for a prison haircut, showcasing the unique economy that develops behind bars.
Analysts and experts predict that the approval of a Bitcoin ETF in the United States could lead to a surge in Bitcoin's price, ranging from a conservative estimate of $42,000 to a bullish projection of $1,000,000, as it would open the gates to institutional capital and broaden the investor base. However, these predictions are speculative and depend on regulatory decisions and market dynamics.
China plans to promote the development of the Web3 industry through a four-step approach, aiming to strengthen technological innovation and encourage the development of non-fungible tokens (NFTs) and decentralized applications (dApps).
The ongoing Securities and Exchange Commission (SEC) v. Ripple Labs case, which concerns the cryptocurrency Ripple, could set precedents for other cryptocurrencies and potentially impact the entire cryptocurrency market; the trial is currently scheduled for the second half of 2024, but delays are possible.
Cryptocurrency scammers are using a legitimate feature on X (formerly Twitter) to create fake URLs that appear to be from high-profile accounts, redirecting users to scams, fake giveaways, and fraudulent Telegram channels.
Scammers are exploiting a loophole in Twitter's URL structure to redirect users to fraudulent crypto and NFT scams, impersonating high-profile accounts and organizations.
Big money management firms are confident that the Securities and Exchange Commission (SEC) will approve the first "spot" bitcoin exchange-traded fund (ETF) by January 10, 2024, which would mark a major step toward mainstream adoption of cryptocurrency in the U.S.
Altcoins are poised for a significant upward movement according to the co-founders of crypto analytics firm Glassnode, who point to consolidation in the total market capitalization of digital assets outside Bitcoin and Ethereum and indicators suggesting bullish momentum.
Stocks inched higher during midday trading in New York, with tech-heavy Nasdaq 100 achieving record highs and the percentage of S&P 500 stocks above the 50-day moving average reaching its peak for the year, while small-cap stocks continue to outperform large-cap counterparts.
Despite a difficult funding climate in 2023 with corrections in valuations and a decrease in token offerings, the recent rise of interest in crypto driven by higher Bitcoin and Ethereum prices suggests promising prospects for crypto startups' valuations in the coming year, as weaker businesses are weeded out and the investor class behaves more rationally.
The UK government plans to establish new digital asset legislation and become a global crypto hub, as it works alongside finance tech companies to create a more established digital security landscape, including a Digital Securities Sandbox for companies to test new offerings while being supervised by regulatory agencies.
Canaan Inc. shares are trading higher on heavy volume as investors anticipate the possible approval of a spot Bitcoin ETF, contributing to the stock's recent gains and surge in popularity.
A federal judge denied Sam Bankman-Fried's request to delay his sentencing process and presentencing interview, even though the former FTX CEO faces a possible second trial on additional charges.
The slow adoption of instant payment networks in the United States contrasts sharply with other countries, creating a need for a more efficient system, and Ripple's XRP has the potential to be a game-changer in this regard.
Coinbase CEO Brian Armstrong highlighted the political risks of being anti-crypto and emphasized the growing influence and potential of cryptocurrency, citing statistics such as the number of Americans using crypto, the dissatisfaction with the current financial system, and the global adoption of cryptocurrencies.
Shares of Marathon Digital Holdings Inc. rallied as bitcoin's surge boosted the cryptocurrency miner's stock, which has soared 55% in a seven-day win streak, the longest since April 2021.
In 2024, the crypto market is expected to experience a defining moment as it sees a surge in mainstream adoption, technological advancements, and potential price increases, with Bitcoin leading the charge and projects like Solana, DeFi 2.0, and Web3 gaming gaining traction.
TaxWraps is a new concept that aims to amplify the growth of asset tokenization by broadening the ETF-style deferral mechanism through tokenization, allowing investors to defer tax obligations while compounding their wealth.
Interoperability, Bitcoin fees, modularity, zero-knowledge proofs, key management/user interfaces, censorship, security/privacy, corporate crypto, layer-2 flows, and layer-2 consolidation are among the key trends predicted for the blockchain space in 2024 by industry experts.
Solana (SOL) has surpassed XRP as the fifth-largest cryptocurrency, reaching a market cap of $33.7 billion, while experiencing increased trading volume and activity due to meme coins and improved network stability.
In 2024, the crypto industry is expected to experience a resurgence of Bitcoin and "DeFi Summer 2.0," the tokenization of social experiences, an increase in TradFi-DeFi bridges, the cross-pollination of modular blockchains and Zero Knowledge Proofs, the on-chain implementation of computationally intensive applications, and the consolidation of public blockchain ecosystems with a "Hub-and-Spoke" model for appchains.
Solend, the largest lending and borrowing protocol on Solana, is expanding to the Sui blockchain, marking its first deployment on a blockchain other than Solana and showcasing confidence in Sui's technology and potential as a partner. This expansion will introduce Solend's DeFi offerings to a new user community and attract more builders to the Sui ecosystem.
Stacks (STX), the native token of Stacks Network, rose 27% after positive remarks from investor Tim Draper, who sees potential in moving important applications to Bitcoin.
The Litecoin (LTC) price has been experiencing a downward trend and is trading inside a corrective pattern, with analysts predicting a potential breakout or a bearish breakdown.
Cryptocurrency accounting and taxation platform TRES has raised $11 million to expand its services, which currently support over 100 blockchain networks, aiming to add support for new blockchains weekly, and helping clients manage and reconcile their digital asset activity.
The top three AI cryptocurrencies for 2024 are Autonolas (OLAS), Fetch.AI (FET), and Arkham (ARKM), with smart money accumulating OLAS and FET and ARKM offering AI-powered on-chain analysis to track illicit money in the crypto realm.
Solana's price is expected to surge against Bitcoin, with significant rallies predicted if it breaks out, according to cryptocurrency analyst Bluntz.
Distributed validator technology (DVT) could address the security risks posed by centralized validators on Ethereum, with platforms like Obol, SSV, and Diva offering solutions that allow validators to distribute their operations among multiple parties to increase resilience and reduce single points of failure. However, the adoption of DVT remains low, but with upcoming launches and testnets from various DVT providers, there is hope for a more decentralized Ethereum validator network by 2024.
Bitcoin is showing a historically accurate bullish signal through the Vortex Indicator, according to a popular crypto analyst, who also believes that the recent strong performance of the Dow Jones Industrial Average further indicates a bullish trend for Bitcoin.
Dogecoin (DOGE) could experience a rally if it surpasses the $0.106 mark, according to cryptocurrency analyst Crypto Tony, who also highlighted the recent moves made by Dogecoin whales.
The crypto markets have experienced a relief rally due to optimism surrounding a potential Bitcoin spot ETF approval and evidence of altcoin accumulation, with Bitcoin rebounding over 3% and the meme token Sponge relaunching as Sponge V2 to ride the wave of renewed market optimism.
California has the highest number of locales with a high percentage of bitcoin ownership, but Washington surpasses California in terms of overall state rankings, and there is a significant difference in cryptocurrency adoption between states like Washington and West Virginia.
Shytoshi Kusama, a developer of Shiba Inu (SHIB), has partnered with D3 Global to create top-level domains ending in .shib, aiming to establish a decentralized identity and move away from lore and memes in order to improve adoption and enhance token burns. This partnership will enable users to have fully decentralized website and email addresses.
The price of Polygon (MATIC) has fallen below a long-term descending resistance trend line and is currently trading above an important horizontal area, but analysts have mixed opinions on its future trend. Some believe it could reach $1, while others think it will experience a long correction. Technical analysis suggests that if the price continues to drop, the bottom could be at $0.68, but breaching the previous high could trigger a 50% increase.
Bitcoin could reach up to $160,000 in a bull market projected for 2024, driven by factors such as expected demand from ETFs, the upcoming halving event, and a positive macroeconomic perspective, according to CryptoQuant analysts.
A hen-themed meme coin called Coq Inu (COQ) on the Avalanche blockchain has surged to a $230 million market capitalization and created substantial profits for early investors, despite being described as completely useless and for entertainment purposes only.
Ethereum has taken a back seat to Bitcoin in the recent market rally, but analysts predict that there could be bullish moves for ETH in 2024 due to factors such as potential ETF approvals and scaling improvements.
Representatives from BlackRock, Nasdaq, and the SEC met to discuss necessary rule changes for listing a bitcoin ETF, focusing on surveillance-sharing agreements to mitigate market manipulation risks.
Blockchain oracle provider Chainlink has announced a series of upgrades to its network, including expanding its Cross Chain Interoperability Protocol (CCIP) and introducing Chainlink Data Streams and Chainlink Functions, while also focusing on scaling CCIP adoption in capital markets and real-world assets. Additionally, the native token LINK has experienced a decline in price but may see a potential revival in momentum.
Crypto analyst predicts that Chainlink (LINK) is showing bullish reversal signals and could rally to a level last seen in January 2022, while also noting that Solana (SOL) is gearing up for a breakout against Bitcoin (SOL/BTC).
BlackRock has adjusted its Bitcoin ETF filing, choosing a new ticker symbol and stating that the ETF will only accept cash for the creation of new shares, not Bitcoin.
Blockchain games that are rated Adults Only (AO) solely because of their use of blockchain technology are now allowed on Epic Games' marketplace, reversing the previous ban on such games.