The Constitutional Court of Montenegro has dismissed an appeal filed by Do Kwon, the South Korean crypto mogul and co-founder of Terraform Labs, who is at the center of the catastrophic collapse of the TerraUSD (UST) stablecoin and its token, Luna.

Kwon’s appeal, which challenged his extradition ruling, was unanimously rejected by the court.

Dwindling Legal Options for Kwon

According to the report by local media outlet ‘Korea JoongAng Daily,’ the court’s decision upheld the earlier ruling fav

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Ripple’s stablecoin RLUSD gained support from another well-known cryptocurrency exchange.

XRP rebounded to $2.27 after a correction, with analysts predicting a substantial rally in the short term.

The Next Exchange to Jump on the Bandwagon

After months of testing and preparation, Ripple’s stablecoin officially went live mid-December. This became possible after the New York Department of Financial Services (NYDFS) approved it.

The product, called RLUSD, is pegged 1:1 to the American do

Blockchain investigator ZachXBT has exposed a sophisticated phishing operation that has managed to compromise over 15 X accounts.

The scheme targeted investors in Solana-based meme coins and has resulted in an estimated loss of $500,000.

Solana Meme Coin Fraud

The Blockchain detective revealed in a December 24 social media post that the operation involved impersonating the X team and leveraging phishing websites to gain unauthorized access to high-profile accounts.

The attackers used fake co

After a few days of corrections and sideways action, bitcoin finally went on the offensive on Christmas Eve by skyrocketing briefly to just over $99,000.

The altcoins are also in the green, with notable increases from the likes of SOL, DOGE, AVAX, and TON.

BTC Back to $98K

Bitcoin went through a highly turbulent and painful trading week that started last Wednesday after the last FOMC meeting for the year. Despite the Fed’s rate cut of 25 basis points, BTC headed south and lost $16,000 within

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Shiba Inu’s Shibarium hit a fresh target, signaling strong user engagement.

SHIB climbed by 4% to $0.00002305, with increased token burns and reduced exchange inflows signaling a further pump.

Shibarium Keeps Advancing

Shiba Inu’s layer-2 blockchain solution – Shibarium – took center stage on Christmas Day, blasting through yet another major milestone. Data shows that the total transactions processed on the protocol exceeded 700 million.

This can be viewed as a serious achievement, co

TL:DR;

Shiba Inu’s largest native token is among those that failed to produce a new all-time high in the current cycle and even plummeted hard since December 8’s peak.

However, some technical indicators are now suggesting that the asset’s real breakthrough could be just around the corner.

SHIBUSD. Source: TradingView

Alongside the rest of the market, the second-largest meme coin was sluggish ahead of the US elections, with its price stuck in a range of between $0.000014 and $0.00002 for wee

The economy is chugging along nicely, with real GDP rising in the third quarter over the second quarter of 2024.

That’s according to data from the US Bureau of Economic Analysis.

Kiyosaki warned on Sunday, however, that the economy could plunge into a depression next year. “Global crash has started. Europe, China. USA going down. Depression ahead?” he wrote in a post on X. “Please be smarter with your money. Hang on to your job and your money.”

Global crash has started. Europe, China. USA goi

Ethereum’s price has failed to make its way toward a new record high and is currently experiencing bearish price action, leaving market participants worried that the bull run might be over.

The asset now remains below $3,500, which has turned into a key resistance line.

Technical Analysis

By Edris Derakhshi (TradingRage)

The Daily Chart

On the daily chart, the price has entered a bullish phase since the beginning of November after rebounding from the $2,300 support level. However, the $4,00

Richard Schueler, widely known as Richard Heart, the founder of Hex cryptocurrency, has been placed on Interpol’s global wanted list through a Red Notice.

Issued at the request of Finnish authorities, it follows allegations of tax fraud and assault in the country.

Tax Fraud and Assault Charges

The Red Notice is a formal request to law enforcement agencies worldwide to locate and provisionally arrest an individual pending extradition, surrender, or similar legal actions. However, it does not c

Last week saw $308 million in inflows into digital asset investment products, although this was overshadowed by a major outflow of $576 million on December 19th. The last two days of the week saw total outflows of $1 billion.

The recent price declines led to a $17.7 billion drop in the total assets under management (AuM) for Digital Asset ETPs, which is likely influenced by the hawkish stance of the Federal Reserve’s dot plot published on Wednesday.

Bitcoin Posts Strong Inflows

While these ou

In a very genial nod to Bitcoin, Cramer asked about the new administration’s plans for crypto and, in his question, drew a comparison to the U.S. strategic petroleum reserve. Will the White House push for something like that?

“Yeah, I think so,” Trump answered. But the rest of his answer really showed an understanding of the cryptocurrency sector’s importance to the global economy in terms of first principles.

That may be the influence of tech engineer and government efficiency advisor Elon Mu

Corporate Bitcoin investor MicroStrategy has announced a Special Meeting of Shareholders to address proposals that aim to advance its Bitcoin-focused 21/21 Plan while simultaneously streamlining capital-raising efforts.

In a letter from the Executive Chairman, the company outlined three major agenda items to be decided during the meeting, which will be conducted virtually.

MicroStrategy’s New Proposals

The first proposal seeks to amend the company’s Second Restated Certificate of Incorporatio

The Russian government has extended its winter ban on local crypto mining operations to six years as energy consumption in the country rises to alarming levels. About a month ago, the government ordered crypto mining entities to pause their operations for the winter season. However, the ban has now been extended.

According to a report from local media Tass, the Russian Cabinet of Ministers has banned crypto mining, including local participation in mining pools, in select regions and territories

Litecoin has had an impressive rally this year, surging by almost 50%. The latest market crash, however, briefly dragged the altcoin below $87. The selling pressure has since subsided as Litecoin currently trades above $107.

Underpinning its price trajectory is the strong network growth.

Litecoin Network Engagement Soars

Litecoin’s network activity has witnessed a notable surge. In fact, data compiled by IntoTheBlock revealed that the average daily active addresses rose to 401,000 compared to

During the past few days, the price of XRP went through considerable turbulence, crashing from $2.60 to below $2 at one point. Since December 21st, the cryptocurrency has managed to consolidate above $2.20, where it’s currently trading.

While many market experts are debating on whether or not the XRP bull run is over, it appears that the volatility has caused a massive uptick in trading volume, particularly on Binance.

According to a CryptoQuant analyst, XRP has become the most traded altcoin

Despite the Federal Reserve’s recent rate cut by another quarter percentage on Wednesday, Bitcoin’s price plummeted.

The asset tumbled by up to 15% at one point. Meanwhile, this all-important vital sign for the health of the Web3 blockchain economy remains down 3.5% for the 30 days ending Dec. 24.

But it wasn’t just Bitcoin and crypto markets that slumped. Tech stocks in the NASDAQ Composite also tumbled 3% over the last five trading days on Wall Street. So, will there be a Santa Claus rally t

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Pi Network extended its migration deadline to January 31, 2025, sparking frustration over repeated delays.

Despite promises of a December roadmap update on the open mainnet, Pi Network developers remain silent, leaving the community skeptical about further progress.

Another Delay Instead of More Clarity

Pi Network – the controversial cryptocurrency project that claims to enable people to mine digital assets directly from their smartphones – saw the light of day more than five years ago

The native token of DeFi platform Aave (AAVE) has achieved its highest price in three years this month. The price has sustained a minor pullback aligning with the broader market correction over the weekend but continues to hover close to the recently established multi-year high of $394.

Several factors at play have potentially catalyzed this milestone. New data suggest AAVE’s price trajectory is underpinned by strong on-chain metrics and platform performance.

Aave’s Steady Growth

According to

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Ripple (XRP) fell from $2.50 to under $2 but recovered to $2.25, with analysts eyeing a substantial rally in the coming weeks.

XRP whales bought 120 million tokens over the past week, reducing supply and potentially setting the stage for a price pump.

Final Push for the Year?

Ripple’s XRP was among the leading cryptocurrencies that were the worst affected amid the latest market correction. Its price tumbled from over $2.50 on December 17 to less than $2 three days later. The bulls mana

Bitcoin’s underwhelming price performance continues as the asset slipped below $93,000 yesterday but now sits at around $94,000.

In contrast, many altcoins have produced a lot more impressive increases over the past 24 hours, including ETH, XRP, BNB, and others.

BTC Stalls at $94K

It was precisely a week ago when the primary cryptocurrency was flying confidently above $100,000 and even registered an all-time high of over $108,000. However, the landscape started to change later that day and es