News
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Ripple’s XRP takes second place in trade in South Korea, beats ETH
A recent survey by South Korea’s News1 has revealed that Bitcoin (BTC) continues to reign as the top cryptocurrency for domestic investors, while Ripple (XRP) has surpassed Ethereum (ETH) to claim the second spot. The survey, conducted from December 24 to 26, used a blockchain-based voting service, The POL, and gathered responses from over 5,220 […]Cryptopolitan
Tue, Jan 7
Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull Market
Crypto analyst Tony Severino has revealed that the Bitcoin Percentage Price Oscillator (PPO) has turned red after reaching $102,000. He further explained what this development means for the flagship crypto in relation to the ongoing bull market. Bitcoin’s Weekly PPO Turns Red At $102,000 In an X pos...NewsBTC
Tue, Jan 7
Do Kwon Criminal Case Exposes Staggering Victim Count Of Over 1 Million
Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon’s trial in a New York court, prosecutors provided a detailed account of the far-reaching consequen...Bitcoinist
Tue, Jan 7
Trump and the Federal Reserve are definitely about to clash now
Michael Barr’s sudden decision to step down as the Federal Reserve’s vice chair for supervision has just confirmed what everyone already saw coming: a full-blown clash between Donald Trump and the Federal Reserve. Barr, who planned to stay in his position until July 2026, dropped the announcement on Monday, saying he’s stepping aside next month—if […]Cryptopolitan
Tue, Jan 7
China’s market and yuan meltdown could usher in Bitcoin-Trump rally 2.0
The start of 2025 has seen China’s market and currency woes ensue, as analysts claim these struggles could lead to a “second-term” Bitcoin (BTC) bull run. The largest crypto by market capitalization has gone back to trading over $100,000 after going through price corrections in December. According to data from Trading Economics, the Chinese yuan […]Cryptopolitan
Tue, Jan 7
Wall Street Pepe Presale Soars Past $40M: Is This the Next Meme Coin Moonshot?
We had a feeling there was something special about Wall Street Pepe ($WEPE) when the presale launched on December 3. $100K raised within the first five hours? Not too shabby at all. Then, in a definitive ‘sit up straight and look at me’ moment, $WEPE hit the $1M mark just three days late...Bitcoinist
Tue, Jan 7
Crypto-Skeptical Fed Regulator Steps Down, Signals a Good Time to Join Best Wallet
Yesterday, Michael Barr boldly announced he’s stepping down as the Federal Reserve’s Vice Chair for Supervision over concerns of a potential dispute over the role. Many crypto enthusiasts have applauded the resignation of the second-highest-ranking Fed regulator in expectation of more relaxed digita...Bitcoinist
Tue, Jan 7
Backpack Exchange acquires FTX EU, expanding its presence in the EU digital asset market
The centralized crypto exchange Backpack announced on January 7 that it had successfully acquired the defunct crypto exchange FTX’s European branch, FTX EU. The exchange confirmed that FTX EU, which would become Backpack EU, would launch officially in Q1 2025.Cryptopolitan
Tue, Jan 7
US stock market’s concentration hits all-time high. Is that a problem for crypto?
The US stock market is showing off a new trick: putting almost all its eggs in a tiny basket. Right now, just 26 stocks account for half the entire value of the S&P 500 index. This is a straight-up historical anomaly. The previous number was 36 stocks at the end of 2023, which already felt […]Cryptopolitan
Tue, Jan 7
Shiba Inu Builds Momentum: ‘Monster’ Price Move Coming—Analyst
Shiba Inu (SHIB) appears to be laying the groundwork for a big rally, as market observers focus on a potential vertical surge. The popular meme coin, which has often piqued investor interest, appears to be set for a “monster” climb toward $0.000066651. Related Reading: Dogecoin To Hit $1...NewsBTC
Tue, Jan 7
Eurozone inflation rises to 2.4%. What does that mean for the ECB’s rate cut plans?
Inflation in the Eurozone shot up to 2.4% in December, the third consecutive monthly rise, according to data from Eurostat. This is a steady climb from November’s revised 2.2% and September’s low of 1.7%. Economists had predicted this exact figure, but the steady increase adds pressure to the European Central Bank (ECB), which is already […]Cryptopolitan
Tue, Jan 7
Price Prediction For January: Dogecoin, Solana And New Crypto Remittix
Seasonal tendencies have always held high hopes every Q1 post halving for altcoins. This January is proving to be another breakthrough for established giants and innovation-focused new crypto projects. The anticipation of a potential price surge for Dogecoin, Solana, and the new Remittix PayFi protocol is buzzing the market. Dogecoin and Solana have maintained a […]Cryptopolitan
Tue, Jan 7
Shiba Inu Large Transaction Volume Up 40%, Burn Rate Crashes 71.5%, What’s Going On?
Shiba Inu is starting to reverse some of its price losses in December as the crypto industry reacts after Bitcoin’s recent break above the $100,000 psychological level. This has seen the activity of Shiba Inu increase notably in the past few days.
Bitcoinist
Tue, Jan 7
Trump is playing defense with his tariff plans – Is the POTUS office enough to help keep his word?
President-elect Donald Trump is nothing short of ambitious. He carries his policies on tariffs, tax reforms, and labor policies like a Catholic priest with a bible. Some economists warn these policies could drive inflation up, but we all know the “45th and 47th” is never one to shy away from a challenge. Quoting the words […]Cryptopolitan
Tue, Jan 7
CFTC chair warns of crypto regulatory gaps and political betting risks pre-resignation
The Commodity Futures Trading Commission (CFTC) chair, Rostin Behnam, has called out what he deems as gaping holes in crypto regulation. He also raised alarms over the risks of political betting markets as his term comes to an end. Behnam, who has been in charge of the CFTC for four years, is set to step […]Cryptopolitan
Tue, Jan 7
Wall Street remains bullish as S&P 500 maintains double-digit expected returns in 2025
Wall Street remained bullish on the S&P 500, as the rally above $6K put the index up nearly 2% YTD. The S&P 500’s Price-to-Book (P/B) ratio hit a record ~5.3x, exceeding the historic March 2000 high.Cryptopolitan
Tue, Jan 7
Microsoft sets eyes on India with $3 billion investment in cloud and AI
Microsoft has kicked off the year in India with plans to grow its revenue. The firm plans to invest $3 billion to expand its cloud Azure and AI services in the country with the world’s largest population. Satya Narayana Nadella, the CEO of Microsoft announced that the company will also train an additional 10 million […]Cryptopolitan
Tue, Jan 7
Viction Retrodrop: A Look at Viction’s Growth and Future Potential
Season 2 of the Retrodrop anticipated to introduce refined incentives for users and builders Engaging the Community The Viction Retrodrop highlights the importance of community involvement in its growth strategy. The success of VIP #2, with 3,000 votes and 2,000% quorum, reflects the community’s active participation and support. Token allocation of 1.25M VIC was split […]Cryptopolitan
Tue, Jan 7
