VC Roundup: Investors tap blockchain ecosystems to reach startups
This edition of Cointelegraph’s VC Roundup features Morph, Brighty, AgriDex, Yei Finance, Superform, Waterfall Network and Union.
Posts published by Cointelegraph.com News 5/631
President Biden proposes ban on congressional stock trading: Report
The US president, with only a month left in office, reportedly said “nobody in the Congress should be able to make money in the stock market” while serving the United States.
Pudgy Penguins’ PENGU token down more than 50% after launch
The non-fungible token (NFT) project’s new token has had a lackluster debut in the early hours of trading.
Solana repeat bull flag hints at ‘absolute monster run’ to $300 SOL
Solana fights bearish headwinds, but a historical chart pattern points to a possible rally to $300 in the near future.
EU Securities and Markets Authority publishes final guidance for MiCA
This final guidance calls for a commonly adopted application of the definition of “financial instrument” across EU member states.
US lawmakers cancel session to consider Caroline Crenshaw’s nomination
The update to the calendar makes it unlikely lawmakers will be able to vote on the SEC commissioner’s nomination before the next session of Congress.
Remote, Stripe enable USDC payments for global contractors
The new service is available “starting with” US companies paying contractors in 69 countries.
BVNK raises $50M to expand into US stablecoin market
The capital will be used to expand BVNK’s operations to San Francisco and New York City in 2025.
Ethereum price eyes new all-time highs, but will $15K be the top?
ETH continues to show strength after its rally above $4,000, and bulls appear to be targeting its 2021 all-time highs under $5,000 and beyond.
MicroStrategy to eclipse Starbucks, Nike market cap if Bitcoin rallies to $138K
MicroStrategy’s steady Bitcoin purchases could send its market cap above Starbucks and Nike if BTC rallies above $138,000.
Trump meets with Crypto.com CEO as firm drops SEC lawsuit
The cryptocurrency exchange filed a suit against the SEC in October after receiving a Wells notice but dropped it the same day its CEO met with the US president-elect.
Bitcoin $108K all-time high lasts seconds as BTC price dives 2.4%
Bitcoin runs into fresh volatility as analysts warn that “multiple weeks” of BTC price upside may be at stake.
Buy the breakout game’s token… and token of the chain it’s on: Jiho, X Hall of Flame
Axie Infinity and Ronin founder — and Pixels character — Jiho advises investors to buy gaming ecosystems, not just game tokens. Hall of Flame
Tether USDT trading continues across Europe despite Coinbase delisting
Binance, Crypto.com, Kraken and other crypto exchanges continue to list Tether’s USDT on their EU platforms weeks before the final MiCA deadline on Dec. 30.
Pyth Network brings real-time oil data to over 80 blockchains
Pyth Network has expanded its decentralized oracle services with real-time oil market data for WTI and Brent Crude Oil, enabling DeFi energy market applications.
HTX Ventures 2024 Report: Key Developments and Insights
In its new report, HTX Ventures explores the trends that shaped the crypto industry in 2024 and what opportunities the coming year will bring to the market.
Tether backs European stablecoin firm StablR amid USDT uncertainty
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR.
Crypto trends shaping the Middle East’s blockchain future
Web3 professionals pointed toward talent and capital, Shariah-compliant crypto services and dirham-pegged stablecoins when asked about crypto trends in the Middle East.
Bybit to halt crypto services in France by January 2025
Bybit will cease withdrawal and custody services for French users by Jan. 8, 2025, amid increased regulatory pressures.
‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve
The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.
Crypto 'eating TradFi's lunch' as $5.75B Coinbase revenue beats Nasdaq
Coinbase and DeFi pose serious competition for traditional exchanges as Bitcoin ETFs beat gold by assets under management.
Executives flood blockchain gaming firms ahead of 2025’s AAA launches
Blockchain Gaming Association’s fourth annual survey showed growth in the C-suite, but other demographics appear to be slipping.
Google’s Willow quantum chip vs. Bitcoin security — What’s at stake?
Google’s Willow quantum chip challenges Bitcoin’s cryptographic security. Discover potential risks to wallets, consensus mechanisms and the future of blockchain resilience.
FCA warns UK citizens to avoid Solana-based memecoin
The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country.
Bitcoin options expiry, explained: What it means for traders
Bitcoin options expiry can trigger BTC price fluctuations as large positions are settled, influencing market dynamics.
Virginia man convicted of funding ISIS using cryptocurrency
Chhipa sent $185,000 in cryptocurrency to ISIS members in Syria, funding prison escapes and fighters.
Stablecoins will see explosive growth in 2025 as world embraces asset class
Stablecoins will see a bright future in 2025, with massive growth and mass adoption supercharging the asset class.
Story introduces experimental framework for AI agents to interact onchain
Intellectual property blockchain network Story Protocol introduced a theoretical framework it says could revolutionize the crypto AI agent economy.
Mt. Gox transfers $172M Bitcoin to new wallets as BTC hovers near $107K
Bankrupt crypto exchange Mt. Gox shuffled nearly 1,620 Bitcoin through a series of unknown wallets less than two weeks after it did the same with over 24,000 BTC.
104 whale wallets now hold 57% of all Ether in bullish sign: Santiment
Some analysts predict Ether may surpass its all-time high during the first quarter of 2025.