The Federal Court of Australia has imposed an $8 million fine on Bit Trade, the operator of the cryptocurrency exchange Kraken in the country, for offering an unapproved margin lending product to local customers. The penalty follows allegations by the Australian Securities and Investments Commission (ASIC) that the firm violated financial regulations by failing to...Read More
The crypto market has been on a bullish streak in the last quarter of this year, thanks to Donald Trump’s recent victory in the United States presidential election. American investment management firm VanEck has shared ten predictions that could raise the crypto market’s valuation in the coming year. Bullish Crypto Predictions From VanEck VanEck’s first...Read More
[PRESS RELEASE – Kingstown, St. Vincent and the Grenadines, December 16th, 2024] ECM Coin leverages blockchain to advance transparency, security, and smooth cross-border transactions in e-commerce. Its integration with Androverse adds innovative features like virtual real estate and secure, transparent payment systems for a more decentralized world. The eCommerce Coin (ECM) incorporates blockchain technology into the...Read More
[PRESS RELEASE – Georgetown, Cayman Islands, December 16th, 2024 During the testnet phase, over 1.3m users contributed more than 6.5m data points to train user-owned AI models. On mainnet, DataDAOs will leverage the $VANA token to enable users to collectively own, monetize and govern their personal data for a stake in the booming AI economy....Read More
The stablecoin market has experienced remarkable growth in 2024, driven by rising cryptocurrency adoption and a surge in institutional participation. All eyes are now on Ripple’s newly approved stablecoin, Ripple USD, a.k.a. RLUSD. But Ripple’s Chief Technology Officer, David Schwartz, addressed concerns over potential price anomalies for the asset as it prepares to launch. Speculative...Read More
Whales are making huge profits amidst another market-wide rally, with a recent PEPE transaction demonstrating the staggering potential of meme coin investments. Lookonchain revealed that the PEPE whale fetched an extraordinary return on investment. After being dormant for 600 days, the entity transferred all 2.1 trillion PEPE tokens, which are worth around $52 million, to...Read More
Ethereum extended its streak of inflows to seven consecutive weeks, accumulating $3.7 billion during this period, with $1 billion recorded last week alone. This highlights improving investor sentiment toward the world’s second-largest cryptocurrency. The Market: Zooming Out According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, overall, digital asset investment products...Read More
[PRESS RELEASE – Palo Alto, California, December 16th, 2024] This partnership establishes the first AI x Web3 Lab at Stanford University’s Future of Digital Currency Initiative. Stanford University’s Future of Digital Currency Initiative (FDCI) and Eliza Labs, creators of the open-source Eliza agent framework, today announced a groundbreaking research partnership to explore how autonomous AI...Read More
After the recent rise in the price of Bitcoin, the markets had gained some momentum that had offered a good start for the week. Meanwhile, the bullish trend failed to sustain for long as the buyers fell weak. Amid the growing concerns of a rejection, altcoins like Chainlink (LINK) & AAVE (AAVE) prices have begun...Read More
Mark Longo, popularly known as Squirrel Dad, has taken legal action against Binance for what he describes as unauthorized use of his intellectual property, including images and trademarks tied to Peanut the Squirrel. The animal in question, stylized as “P’Nut,” was a male eastern grey squirrel rescued by Longo in 2017. It became an internet...Read More
Bitcoin surged to a new all-time high of $106.5K, marking a historic moment in its 16-year trajectory. As the world’s leading cryptocurrency gained almost 200% this year, there was a key contributing factor to this price surge. The latest data suggest a notable increase in whale wallet activity that has pushed it to a new...Read More
BitMEX is thrilled to announce our partnership with GoodCrypto, a cutting-edge multi-exchange trading terminal for both centralised and decentralised exchanges. With advanced order types and automated trading strategies available across web and mobile platforms, this partnership aims to improve the trading experience for BitMEX users seeking additional order functionalities. GoodCrypto delivers a robust suite of...Read More
[PRESS RELEASE – London, United Kingdom, December 15th, 2024] Pepeto is currently in its presale phase, with tokens priced at $0.000000098 per token. Pepeto distinguishes itself with advanced features, including a zero-fee cross-chain bridge, an exchange tailored for the next generation of memecoins, and a staking platform aimed at rewarding participants for sustained engagement. The...Read More
This year is gradually coming to an end, and while the crypto industry witnessed significant growth this year, particularly after the United States presidential election, 2025 is expected to be an even better year. The on-chain analytics platform Nansen has shared with CryptoPotato key insights into important institutional trends that will gain momentum in the...Read More
A new perp listing for VELO – native token of the Velodrome marketplace – is now available to trade on BitMEX, with up to 50x leverage. Trading startedd here at 04:00 UTC on 16 Dec 2024. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for...Read More
