Bitcoin Hits Record Single-Day Dollar Gain
Monday marked a historic day for Bitcoin and the broader crypto industry, as Bitcoin reached a new all-time high price above $89,000 and set a record for the largest single-day dollar gain in its history. Data from Galaxy Research and Coinbase shows that Bitcoin surged by $8,343 over the course of the day, starting at […]
Dev Offers $2.5M Bounty to Recover $27M in Lost Tokens
In a costly mistake, a crypto developer accidentally sent $25 million in Renzo tokens to an incorrect Ethereum address and is now offering a $2.5 million bounty for help retrieving them. The developer mistakenly transferred 7,912 ezETH tokens—each worth over $3,400—into a Safe Module rather than a Safe wallet. The misstep has left the funds […]
Standard Chartered Predicts $10T Crypto Boom
In a strikingly optimistic report released Friday, Standard Chartered predicted a massive expansion for the digital assets market. Estimating that crypto’s market capitalization could reach $10 trillion by the end of 2026. This projection would nearly quadruple the current market cap. Setting the stage for one of the most explosive growth periods in the industry’s […]
Detroit Embraces Crypto for Tax Payments
In a groundbreaking move, Detroit is set to become the largest U.S. city to accept cryptocurrency for tax and fee payments. A pioneering step in municipal finance aimed at bolstering economic growth and establishing the city as a technology-forward hub. Starting mid-2025. Residents will be able to use popular cryptocurrencies like Bitcoin and Ethereum to […]
Solana Hits $200 as Trump Win Fuels Crypto Rally
Solana (SOL) has surged past $200 for the first time since April. Igniting excitement throughout the crypto market. This milestone, which has catapulted Solana’s market cap to an impressive $95 billion, came swiftly on the heels of Donald Trump’s U.S. Presidential election win. Fueling green candles across the industry. The combination of Trump’s pro-crypto stance […]
Magic Labs and Polygon Launch Newton to Unify Liquidity
In a bid to streamline liquidity across Ethereum-compatible networks, Magic Labs and Polygon Labs have teamed up to introduce Newton. A “chain unification network” designed to operate with a single wallet and balance across chains. Newton is set to enhance interoperability across Polygon’s AggLayer by connecting layer-1 and layer-2 chains into a unified liquidity network. […]
SEC Moves to Dismiss Key Kraken Defenses in Legal Battle
The U.S. Securities and Exchange Commission (SEC) has filed a motion in the Northern District Court of California to dismiss critical defenses raised by cryptocurrency exchange Kraken in their ongoing legal dispute. The motion, submitted on Election Day, seeks to counter Kraken’s arguments that the SEC’s actions constitute regulatory overreach and violate due process. According […]
Dogecoin Surges on U.S. Election Day Hype
Dogecoin (DOGE) reached a peak of $0.21 on U.S. Election Day, marking a seven-month high fueled by Tesla CEO Elon Musk’s tweets and his public appearances alongside former President Donald Trump. The meme coin has surged by 30% in the past 24 hours, with a weekly gain of 20.6%, according to CoinGecko. In a surprising […]
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