China’s State Administration of Foreign Exchange Cracks Down on $2.2 Billion Crypto Exchange Ring
The Chinese State Administration of Foreign Exchange (SAFE) has cracked down on an underground bank that used crypto to offer illegal exchange services. The operation, which had over 1,000 bank accounts and a presence in 17 provinces, moved over…
XRP Price Regains Strength As The Bulls Aim For 10% Surge
XRP price is moving higher from the $0.578 support. The price seems to be setting up for a fresh surge toward the $0.680 and $0.700 levels. XRP is attempting a fresh increase from the $0.578 support level. The price is now trading above $0.620 and…
Ethereum Price Relatively Muted But Approaches Crucial Breakout
Ethereum price is consolidating gains below the $2,350 resistance zone. ETH could revisit the $2,200 support before it starts a fresh increase. Ethereum is still holding gains above the $2,250 support zone. The price is trading below $2,280 and the…
US Lawmaker Spotlights Crypto Bills Approved by House Committee This Year
U.S. Congressman Tom Emmer has highlighted various crypto bills that passed out of the House Committee on Financial Services this year. Among them is his appropriations amendment barring the U.S. Securities and Exchange Commission (SEC) “from…
Bitcoin Price Eyes Fresh Bullish Breakout, Can BTC Make It To $45K?
Bitcoin price corrected gains and tested the $42,650 zone. BTC is again attempting a fresh increase and eyeing a move above the $43,750 resistance. Bitcoin found support above the $42,500 zone and started a fresh increase. The price is trading…
Polygon Founder Recaps 2023: MATIC’s Surge Powers Through Resistance With 4% Uptrend
Polygon is closing out 2023 on a high note as its native token, MATIC, experienced a significant surge over the past 24 hours, despite its founder highlighting a “painful ride”. MATIC’s current price stands at $0.8939, accompanied…
Tim Draper Expects Bitcoin Price to Hit $250,000 in 2024
Venture capitalist Tim Draper has doubled down on his $250,000 bitcoin price forecast. “I would say that my number $250,000 will probably come pretty soon,” he emphasized, predicting that if the price of bitcoin hits $250,000…
Polkadot Shows Bearish Signal, Analyst Predicts Drawdown To This Target
A cryptocurrency analyst has explained how Polkadot could potentially see a decline to this level because of a sell signal in in its weekly price chart. Polkadot Weekly Price Has Formed A TD Sequential Sell Setup Recently In a new post on X…
Coinbase Fires Back at Senator Elizabeth Warren — Says Accusations Are Unfounded
Nasdaq-listed crypto exchange Coinbase has responded to U.S. Senator Elizabeth Warren’s accusations that it hires national security veterans to oppose her legislation. “Your claim that Coinbase is attempting to undermine bipartisan…
Dogecoin, Cardano, And Chainlink Get Special Listing From Binance
Binance is on the move once again with new special listings for Dogecoin, Cardano, and Chainlink, among others. The exchange has announced brand new crypto trading pairs for these cryptocurrencies which would bring advantages to traders. Binance…
VeChain Skyrockets By 77% To Reach New Yearly High, Analyst Bullish On VET Targeting $1.6
In a remarkable display of bullish movement, the smart contract blockchain VeChain, and its native token VET have emerged as significant players in the altcoin rally, experiencing an impressive surge of 77% since the end of November. Over the past…
Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers
Several years ago, the landscape of ASIC bitcoin mining producers was diverse. Yet, over the recent couple of years, a select few top manufacturers have sustained the production of bitcoin mining rigs. ASIC Mining’s Changing Landscape Once…
Crypto Analyst Predicts XRP Price Will Hit $1.33 ‘Pretty Fast’
The XRP community will no doubt be buoyed by this recent analysis of an early Bitcoin investor who predicts that the XRP price could see a swift move to the upside soon enough. The crypto analyst also seemed to have taken a position in the crypto…
Dogecoin In Demand: Data Shows DOGE Adoption Is Accelerating
On-chain data suggests the Dogecoin adoption has been picking up recently as a large number of new addresses are popping up on the network. Dogecoin Is Observing A High Number Of Daily New Addresses Currently In a new post on X, analyst Ali talked…
Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
On Dec. 24, 2023, Bitcoin shattered yet another daily transaction milestone, with miners confirming 723,459 transfers in a single day. The transaction rate on Christmas Eve exceeded the former peak of 710,579 verifications on Nov. 19, 2023…
Bixos Unveils Groundbreaking Real World Asset Investment at Kartal, Istanbul Event
PRESS RELEASE. Kartal, Istanbul – 25th December 2023 – Bixos, a leading force in blockchain innovation, is pleased to announce a historic moment in its journey with the revelation of its inaugural Real World Asset (RWA) investment at a recent event…
A Crypto Christmas Special With Jlabs Digital: Past, Present, And Future
Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to…
Dyson Finance Becomes Fastest-Growing DEX on Polygon zkEVM and Linea, Revolutionizing Liquidity Provision
PRESS RELEASE. TAIPEI, December 25th 2023 – Dyson Finance, the game-changer in Decentralized Exchanges (DEX), has made waves in the past quarter on Polygon zkEVM and Linea, challenging the norm of DEXs grappling with Liquidity Provider (LP)…
Solana Breaks New Record, Will This Send SOL Price To $200?
Solana recently reached a new milestone in December, as the crypto continues its trend of massive gains this year. Solana’s price has almost doubled its price at the beginning of the month, increasing appeal among users. In line with this…
Frog-Inspired Meme Token PEPE Drops to Fifth Place Amidst Dog-Centric Competition
While the meme coin pepe (PEPE) has risen by 29% in the last month and boasts a significant increase since its inception, a six-month review reveals a decline of over 8% in its value. Furthermore, despite its previous standing as the third-largest…
In 1997, history was written when the IBM supercomputer Deep Blue defeated reigning world chess champion Garry Kasparov. Humanity had sent its greatest warrior, a Russian, who had been world champion for a record number of years. Garry was no one…
The Shiba Inu burn initiative begins the week with a positive sentiment as the project has witnessed a significant increase in its token burn rate over the last 24 hours. Shiba Inu Burn Rate Sees Notable Uptick On Monday, December 25, over a 5,000%…
2023 Marks Bitcoin’s Spirited December Surge: A Glimpse Into Crypto’s Festive Frenzy
On Nov. 26, Bitcoin.com News highlighted the crypto community’s anticipation and hope for a ‘Bitcoin Santa Claus rally’ to manifest this year. Following the data collected from Dec. 1 to Dec. 24, 2023, the recent increase of…
Shiba Inu Climbs 12% On Christmas Day – Brewing Bull Run Or False Dawn?
The Shiba Inu faithful have reason to wag their tails. Over the past few days, the meme coin has witnessed a surge in buying pressure, hinting at a potential bull run. But should investors unleash their inner Doge and start digging for bones, or is…
Seychelles-Based Crypto Exchange MEXC Rejects ‘Baseless’ User Asset Freeze Claims
The Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users’ accounts or “wiping” out their profits. The MEXC team said it opposes ongoing attempts to defame its name and may resort to taking legal…
The XRP price is on a war path today and has already begun to rally. Interestingly, this rally is coming at a time when the rest of the crypto market is seeing a slowdown with spots of losses here and there. So what is driving the XRP price rally?…
XRP In December 2023: Decoding An 800% Nostalgia And The Hope For $1
XRP has been under a cold spell in December for years, with red charts and cold winds every year. Some buyers are still scared about the market because they remember the 66% drop in 2021. The sounds of 2018, a year with an amazing 800% rise, sound…
Study: Nvidia Stock and Bitcoin the Top Two Performing Assets in 2023
With its U.S. dollar value having risen by nearly 160% since the start of the year, bitcoin is set to end 2023 as one of the best-performing assets. Only semiconductor giant Nvidia’s stock has outperformed the top crypto asset in 2023 so…
Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.
Crypto Veterans Team Up With New Proposal To Send LUNC And USTC To $1
The LUNC community has received a proposal from Genuine Labs, a group of experienced developers who aim to contribute to the Terra Classic ecosystem, something that could help revive the USTC and LUNC tokens. What The Latest LUNC Proposal Is About…
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