Category: Uncategorized

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 […]

Coinbase Adds GIGA and TURBO to Meme Coin Lineup

Coinbase continues to embrace meme coins, announcing Wednesday that it plans to support trading for Gigachad (GIGA) and Turbo (TURBO). The tokens were added to the exchange’s listing roadmap, triggering significant price surges shortly after the announcement. Gigachad’s price soared 37%, while Turbo saw a 15% jump within an hour, following a tweet from the […]

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 […]

Pantera Bets Big on Toncoin

Pantera Capital, one of the largest hedge funds and venture capital firms in crypto, has raised $20 million to invest in Toncoin, the native cryptocurrency of the Telegram-linked TON blockchain. According to documents filed Monday with the U.S. Securities and Exchange Commission (SEC), the firm attracted funds from at least 29 investors across two separate […]

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 […]

Coinbase CEO Cuts Ties Over SEC Hiring

Coinbase CEO Brian Armstrong has made a bold move, announcing that the cryptocurrency exchange has cut ties with law firms employing former U.S. Securities and Exchange Commission (SEC) officials. Armstrong accuses these individuals of orchestrating a campaign to “unlawfully kill” the crypto industry. In a statement on X (formerly Twitter) on Monday, Armstrong clarified Coinbase’s […]

SEC Reports Record $8.2 Billion in Penalties for FY 2024

The U.S. Securities and Exchange Commission (SEC) announced Friday that it collected $8.2 billion in penalties during fiscal year 2024, marking the largest financial haul in its history. Over half of the total—$4.5 billion—stemmed from the SEC’s settlement with Terraform Labs and its founder, Do Kwon, for their role in the collapse of the Terra […]

Justice for P’Nut and Fred: Tragedy Sparks New Meme Coin

Less than a month after the tragic deaths of Peanut the squirrel and Fred the raccoon, their owner, Mark Longo, has launched a Solana-based token called “Justice for P’Nut and Fred” (JUSTICE) in honor of his beloved pets. The token, which was minted using the DeFi meme coin platform Pump.fun, has quickly gained traction, amassing […]