Pump.fun Blocks UK Users Following FCA Warning
The Solana-based meme coin launchpad Pump.fun has restricted access for users in the United Kingdom, citing compliance with UK laws and regulations. The move comes just three days after the country’s Financial Conduct Authority (FCA) issued a warning about the platform, alleging it was promoting financial services without authorization. “This site is currently unavailable to […]
Dogecoin Mining Outshines Bitcoin for BIT Mining
Bitcoin miner BIT Mining (NYSE: BTCM) has revealed that Dogecoin and Litecoin mining has proven far more profitable than Bitcoin mining. The Ohio-based company announced Wednesday that diversifying its operations into Elon Musk’s favorite meme coin and Litecoin has delivered greater returns in a post-halving environment. “Mining Litecoin and Dogecoin has been nearly three times […]
BlackRock’s Bitcoin ETF Hits $50 Billion Milestone
BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed $50 billion in assets under management (AUM) in just 228 days, marking the fastest growth ever for an exchange-traded fund (ETF). For comparison, the previous record-holder, BlackRock’s iShares Core MSCI EAFE ETF (IEFA), took 1,329 days to hit the same milestone, according to Bloomberg’s senior ETF analyst Eric […]
Bitcoin Hits $100K: A Milestone Moment
Bitcoin has finally crossed the long-anticipated $100,000 mark, hitting $101,000 late Wednesday evening, according to Coinbase data. This historic moment comes more than 15 years after Satoshi Nakamoto mined the genesis block, marking the birth of the world’s first cryptocurrency. At the start of 2024, Bitcoin was trading at just over $44,000. Since then, it […]
Trump Nominates Paul Atkins for SEC Chair
President-elect Donald Trump announced Wednesday on Truth Social that Paul Atkins, a former commissioner at the Securities and Exchange Commission (SEC), is his choice to lead the regulatory agency. Atkins, known for his crypto-friendly stance, will succeed Gary Gensler as SEC Chair, pending Senate confirmation. “Paul is a proven leader for common sense regulations,” Trump […]
Crypto Adoption Booms in Bolivia
Bolivia, one of Latin America’s smaller economies, is witnessing a significant surge in cryptocurrency adoption. The Central Bank of Bolivia reported a 112% increase in digital asset purchase and sale operations following the lifting of a blanket ban that previously prohibited banks and payment institutions from facilitating crypto transactions. In a press release dated November […]
Bitcoin Plunges Amid South Korea’s Martial Law
Bitcoin experienced a sharp decline on Upbit, South Korea’s largest cryptocurrency exchange, on Tuesday as President Yoon Suk Yeol declared martial law in response to what he described as “anti-state behavior” by the country’s main opposition party. The announcement, made during a late-night televised address, led to heightened market volatility and disruptions across South Korea’s […]
NFTs Heat Up Amid Crypto Resurgence
The NFT market is riding a wave of renewed interest following a broader crypto rally in November. According to CoinGecko, the sector’s market capitalization has climbed to $8.8 billion, up 17.3% in just a week. Daily trading volumes have also surged nearly 48% in the past 24 hours, signaling increased activity across chains. November was […]
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