Bitcoin Set to Hit $160k in 2025, Matrixport Reveals
Bitcoin generated a giant buzz across the financial market, reaching as high as $100k this year. With the feat, analysts such as Matrixport have revealed that the asset would continue its surge next year. According to Matrixport, Bitcoin could hit as high as $160k in 2025. Bitcoin’s use cases, institutional adoption, and increased regulatory clarity have been fingered as factors that could push the asset upward.
The global crypto market is enjoying the rapt attention of everybody, thanks to the
SwapSpace Launches Mobile App to Enable Seamless Crypto Swaps Anytime, Anywhere
SwapSpace’s mobile-first solution designed for easy and secure digital asset exchanges
Kingstown, St. Vincent and the Grenadines, December 13 — SwapSpace, a leading cryptocurrency exchange aggregator, is excited to announce the release of its new mobile app, now available for download on Android.
Designed with user convenience in mind, the app brings the power of SwapSpace’s advanced exchange platform directly to your mobile device, ensuring secure, fast, and cost-effective crypto swaps on th
The WazirX hack, which resulted in the theft of $235 million in cryptocurrency, has triggered widespread concern over the security of digital asset platforms.
With Bitcoin reaching new highs during a bull run, affected users have been demanding swift action as they cannot access their funds or capitalize on the market surge. However, Recent on-chain developments suggest relief may be on the horizon.
Binance’s involvement raises questions
A $200 million fund transfer between wallets linked to
Chainalysis Expands Support to Include Solana’s Pump.fun Memecoins
Chainalysis, a leading blockchain data analytics platform, has announced extended support for Solana’s Pump.fun memecoins, marking a significant step in ensuring regulatory compliance and fraud detection for these digital assets.
The update allows crypto exchanges to list Pump.fun memecoins with full compliance assurance while enabling governments to monitor them for scams or fraudulent activities.
Enhanced compliance for Solana Memecoins
Chainalysis now provides comprehensive compliance cov
Dogecoin Network Suffers Exploit, 69% of Its Nodes Crash
The Dogecoin network has suffered an exploit, with the attacker exploiting a significant vulnerability on December 12. The attack, which brought down 69% of the network’s nodes has raised questions in the crypto industry. Industry participants are worried about the security issues in the crypto and their ability to prevent potential attacks in the future.
According to reports, Bitcoin side-chain Sequentia co-founder Andreas Kohl was responsible for the attack. Kohl revealed on his X handle that
United States Bitcoin Operator Byte Federal Loses Sensitive Data in Breach
One of the United States of America’s biggest Bitcoin ATM operators, Byte Federal, has suffered a massive breach, which has led to the loss of sensitive data.
According to details, Byte Federal’s data breach exposed the sensitive information of over 58,000 users to the hackers. The details revealed that the hack occurred on September 30, but was discovered on November 18. The hackers breached Byte Federal’s system, gaining access through a vulnerability in GitLab, a developer tool.
Trump’s World Liberty Financial Acquires $12 Million in ETH, LINK, and AAVE
Donald Trump’s new crypto venture, World Liberty Financial, has purchased $12 million worth of digital assets, including Ethereum (ETH), Chainlink (LINK), and Aave (AAVE). Blockchain data reveals that the multi-signature wallet tied to the venture spent most of its funds on Ethereum, with smaller amounts allocated to Chainlink and Aave.
Significant investments in Ethereum, Chainlink, and Aave
Trump's World Liberty(@worldlibertyfi) is buying $ETH, $LINK and $AAVE!In the past 9 hours, the World
BlackRock Drives Ethereum (ETH) Demand With Over $500M in Recent ETF Inflows
BlackRock has led Ethereum (ETH) acquisitions, with more than $500 million flowing into Ethereum ETFs in the past few days.
Fidelity joined BlackRock in expanding ETH holdings, as on-chain data shows significant inflows coinciding with renewed interest in the cryptocurrency market.
Record-breaking Ethereum ETF inflows
Ethereum ETFs have experienced strong inflows since November 21, with net inflows surpassing $1.29 billion in the past week. A peak daily inflow of $428.44 million was recorded
Donald Trump Wants to Monitor Bitcoin’s Price When He Assumes Office
President-elect Donald Trump has vowed to keep Bitcoin in its focus as he prepares to undergo his second term as the President of the United States of America. Hinting at a crypto-friendly administration, Trump has made moves to that effect since being confirmed as the next President. In its detailed mission-vision statement, the new administration wants to include cryptocurrency and artificial intelligence as its backbone.
According to sources, Trump intends to bring the right amount of regula
FTX Settles 27 Small Claims, Recovers $14.5 Million
FTX has recouped about $14.5 million in small claims against political donation beneficiaries in November. The settlement details obtained were sent as part of the exchange’s recent filing to the Bankruptcy Court for the District of Delaware. The settlements were in tiny sums, with $2,900 received from Jared Moskowitz in Congress and $7,500 from the Vermont Democratic Party.
However, the exchange also recorded huge recoveries, receiving $6 million and $3 million from the House Majority PAC and
Binance and Circle Partner to Accelerate Global Adoption of USDC
Binance and Circle have announced a strategic partnership to advance the use of USD Coin (USDC) and expand its role within the global financial ecosystem.
The collaboration was revealed during Abu Dhabi Finance Week, highlighting the growing significance of digital assets in the evolving financial landscape. Under the agreement, Binance will integrate USDC into its corporate treasury and services portfolio, marking a significant step in the exchange’s efforts to broaden its stablecoin offering
Magic Eden’s ME Token Drops Sharply After Launch Amid App Glitches
Magic Eden’s highly anticipated token launch faced significant hurdles as users reported app glitches and a challenging claiming process.
The value of the platform’s native token, $ME, dropped sharply by approximately 67% just hours after its launch on December 10, leaving many participants frustrated with the experience.
The $ME token, which debuted at an initial price of $6.70, briefly surged to $13.10 before crashing to $4.30. It has since recovered slightly, trading at $5.60, but remains
Crypto.com Inks Banking Partnership Deal With Deutsche Bank in the APAC Region
Cryptocurrency exchange Crypto.com has finalized negotiations with Deutsche Bank to become its banking partner in the APAC region. According to the announcement, the financial issue institution will help the crypto exchange in its Singapore, Australia, and Hong markets. The exchange also mentioned that the partnership could grow out of the region in the future, noting Europe and the United Kingdom as likely destinations.
According to Crypto.com, it will leverage the partnership to push its oper
WhiteBit Partners With Visa to Launch Crypto Debit Card, Teases Cashback
WhiteBit has announced a partnership with Visa to launch its crypto debit card. According to the platform, users across the European Union can use its WhiteBit Nova Card to purchase goods and services with cryptocurrencies. In its announcement, WhiteBit mentioned that users stand a chance to earn 10% in cashback on any amount that they spend.
According to WhiteBit CEO Volodymyr Nosov, the card was built for everyday transactions using digital assets. “The WhiteBIT Nova card is a major step in m
New Solana Staking Token M3M3 Gains Traction Amid Unstaking Concerns
The M3M3 token, a Solana-based asset launched by Meteora, has been gaining momentum as it combines staking mechanics with the appeal of meme communities. Promoted as a long-term hold asset with locked tokens, M3M3 has attracted significant attention from investors and influencers alike.
Despite its rapid adoption, concerns have surfaced regarding unstaking limitations, raising questions about its long-term potential.
M3M3 gains popularity as a Meme-driven staking token
U.S. SEC Commissioner Hester Pierce Discusses Crypto Regulation Reforms Under Donald Trump
Hester Pierce, a commissioner at the U.S. Securities and Exchange Commission (SEC), has outlined potential improvements to cryptocurrency regulations under Donald Trump‘s incoming administration. According to a December 10 tweet from Fox Business journalist Eleanor Terrett, Pierce, often called “Crypto Mom,” shared her views in an interview with Liz Claman on The Claman Countdown. She emphasized the need for more regulatory clarity to foster growth and stability in the crypto sector.
Sushi CEO Jared Grey Releases 2025 Roadmap Updates
Sushi DAO CEO Jared Grey (aka head chef) has shared Sushi’s plan for 2025. He took to X (formerly Twitter) to share the organization’s achievements in 2024 sharing its big plans for 2025.
In April, Sushi DAO implemented an overhaul of its governance, leading to the creation of the Sushi DAO Foundation and Sushi Labs. The decision was taken to improve the multi-token ecosystem. Notably, Sushi DAO is the autonomous organization that acts as the governance structure behind the Ethereum-based decen
Charles Hoskinson Wants to Integrate Ripple’s RLUSD on Cardano
Cardano founder Charles Hoskinson has hinted towards plans to integrate Ripple’s RLUSD stablecoin on the network when it launches. He made the announcement earlier today during a podcast, where he also discussed a meeting with Ripple executives David Schwartz and Brad Garlinghouse. The two camps look set to agree to work together after years of playing opposition in the crypto industry.
Ripple’s stablecoin RLUSD has been in the works for a while, with the firm waiting on approval from regulator
Bulgarian Crypto Scam Becomes Top 5 Whale in JustLend After Exit With Investor Funds
Blue Electric Technology Limited (BETL), a crypto investment scheme targeting Bulgarian investors, has been accused of conducting an exit scam that locked thousands of investors out of their savings.
The company, which promised steady payouts from a seemingly legitimate business model, ceased operations abruptly, leaving behind financial losses and unanswered questions.
BETL’s sudden collapse leaves thousands defrauded
On December 6, BETL halted all payments, citing technical issues that lef
Bitcoin ETF Breaks Records As Most Successful ETF in U.S. History
The Bitcoin exchange-traded fund (ETF) has set new records as the most successful ETF in U.S. history, amassing approximately $10 billion in inflows since the November 5 elections.
A Bloomberg report attributed this historic achievement to President-elect Donald Trump’s crypto-friendly stance, which has ignited optimism within the cryptocurrency industry. Investors anticipate significant growth under Trump’s proposed regulatory changes, fueling demand for Bitcoin spot ETFs.