SEC penalizes Tai Mo Shan for falsely fixing TerraUSD’s $1 peg. The settlement includes a $123M punishment, emphasizing tougher crypto market oversight. The U.S. Securities and Exchange Commission imposed a $123 million fine on Tai Mo Shan Ltd., a subsidiary of Jump Crypto, for misleading investors about the stability of TerraUSD. This algorithmic stablecoin, issued by Terraform Labs, collapsed in May 2022. It brought about a catastrophic loss of $40 billion in investor assets. According to...
Read More »Out of 29 Tokens Launched on Binance Alpha, 17 Surge While 12 Decline
Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. Small-Cap Tokens Lead the Pack In a December 23 post on X, Sankin noted a trend where smaller market-cap assets generally performed better than their larger counterparts. Those with fully diluted...
Read More »Ki Young Ju Proposes Bitcoin to Reduce U.S. Debt
Ki Young Ju proposes using Bitcoin to reduce U.S. debt by acquiring 1 million BTC by 2050, boosting financial strategy. A new strategy proposes using Bitcoin to help reduce U.S. debt. Over the past 15 years, Bitcoin’s market capitalization has surged to $2 trillion, driven by $790 billion in capital inflows. Ki Young Ju, the CEO of CryptoQuant, revealed these details on his X account. This shows that this year alone, Bitcoin contributed $1 trillion by injecting $352 billion in inflows....
Read More »Binance CEO CZ Reveals UAE $40 Billion Bitcoin Holdings
UAE reaches $40 billion in Bitcoin holdings. It has positioned itself as a global leader in cryptocurrency adoption with favorable regulations and investments. The United Arab Emirates (UAE) has reportedly reached $40 billion in Bitcoin holdings. This move has made a significant move in the cryptocurrency market. The development exhibits the country’s increasing part in the worldwide reception of blockchain innovation and computerized resources. Both the country’s government and private...
Read More »Koma Inu Price Outlook: KOMA Pumps 40%, Could It Explode Higher and What About WEPE?
Things are heating up in the meme coin space again. Koma Inu (KOMA) is leading the way, jumping 40% in a single day to grab traders’ attention. But KOMA isn’t the only coin posting gains. The new meme-themed project Wall Street Pepe (WEPE) has raised $35 million in presale – and some experts believe it could explode after hitting the open market. How Koma Inu Rallied Over 3,500% in Just Two Months Koma Inu launched on the BNB Chain in early October, right as meme coins were...
Read More »Coinbase Report Reveals Stablecoins to Drive Future of Global Payments
Coinbase report highlights stablecoins’ growth, predicting $3 trillion market cap, driving faster, cheaper global payments beyond trading. Coinbase recently released its crypto market outlook for 2025, highlighting five key areas. First, stablecoins have become a major force in the crypto world. Their market capitalization increased by 48% in 2024 to $193 billion. According to experts, this number could reach $3 trillion by the end of the next five years. This trend will continue as more...
Read More »Crypto All-Stars Set for DEX Launch Monday 23rd December After $26M Presale – Price Pump to Come?
Bitcoin’s sudden drop below the $100,000 mark on December 19th marked the start of a market-wide downturn that saw the broader crypto market cap dip to as low as $3.13 trillion after hitting a new ATH of $3.79 trillion on December 17th. Altcoins followed suit, and the meme coin space suffered some of the heaviest blows, dropping below $100 billion and having its top five tokens dip 10-30% over the week. As panic selling bolsters the losses over the past 48 hours, presales...
Read More »Here’s How Cardano’s 17% Weekly Correction Can Help ADA Hit $6 This Cycle: Analyst
TL:DR; Cardano’s native cryptocurrency, alongside the rest of the market, has slumped hard on a weekly basis, dropping to well below $1. However, history shows that similar corrections have been followed by massive gains for the asset, with predictions of up to $6. ADAUSD. Source: TradingViewADA’s recent price performance could be analyzed from two main perspectives – short-term and long-term. When looking at the past ten days or so, the landscape is quite gloomy. Within this...
Read More »ADA, DOGE, SOL Dump Hard Again as BTC Slides Below $97K (Market Watch)
After heading toward $100,000 yesterday, bitcoin’s price has taken another wrong turn as the asset has lost over three grand since then. The altcoins are also deep in the red, with massive daily price declines from the likes of SOL, DOGE, ADA, AVAX, LINK, SHIB, and many others. BTC’s Short-Term Recovery Although the business week started quite spectacularly for BTC, whose price skyrocketed from $101,000 to a new all-time high of over $108,000 by Tuesday, it actually turned...
Read More »Bitcoin-Studie der Hochschule Luzern: Schweizer setzen auf Revolut, Swissquote und Binance
Bitcoin Schweiz Die Schweiz, bekannt für ihre Innovationskraft und finanzielle Stabilität, nimmt auch im Bereich der Kryptowährungen eine besondere Stellung ein. Eine aktuelle Studie der Hochschule Luzern (HSLU), die im Auftrag von PostFinance durchgeführt wurde, hat das Verhalten und die Präferenzen von Krypto-Investorinnen und -Investoren in der Schweiz genauer unter die Lupe genommen. Dabei wurde deutlich: Revolut, Swissquote und Binance gehören...
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