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Cryptography News
Cryptopotato
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Image Credit: Cryptopotato
Osprey Funds Launches First US Publicly Quoted BNB Trust
- Osprey Funds, LLC, launches the Osprey BNB Chain Trust, the first publicly quoted BNB fund in the US.
- The trust provides investors with exposure to BNB, the native token of the BNB Chain ecosystem.
- BNB, as the fifth-largest crypto asset by market cap, is used in decentralized applications, DeFi protocols, and smart contracts.
- The trust offers a way for investors to access BNB using traditional brokerage and IRA accounts via the OTCQX market.
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Coinjournal
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Image Credit: Coinjournal
MetaMask users can now stake EOS after EOS Network integration
- MetaMask has integrated with the EOS Network, allowing users to stake EOS coins, create EOS accounts, and interact with EOS DApps.
- The integration brings enhanced functionality and security features for MetaMask's 30 million users.
- MetaMask users can now easily participate in the EOS blockchain and access EOS-based decentralized applications.
- The integration is expected to drive demand for EOS and potentially lead to a bullish recovery in its price.
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Cryptoslate
2w
405
Image Credit: Cryptoslate
BIS proposes hybrid retail CBDC model blending central bank oversight with private sector roles
- The Bank for International Settlements (BIS) has proposed a hybrid model for retail central bank digital currencies (CBDCs).
- The hybrid model integrates central bank control with private sector collaboration.
- Private intermediaries would handle user-facing responsibilities like KYC verification and transaction facilitation.
- The proposed CBDC architecture includes features like tiered KYC mechanisms, offline payment capabilities, and programmability through smart contracts.
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Bitcoinmagazine
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Bitcoin Investors Are Now Up $67,000 On Average – And This Is Just The Start
- The average profit per BTC is at an all-time high of $67,088.
- This surpasses the average American salary in 2024, which is $62,027.
- Bitcoin's increasing value allows for financial freedom and more options in spending.
- The price of bitcoin is expected to rise higher, providing further purchasing power and freedom.
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Zycrypto
2w
26
Image Credit: Zycrypto
Peter Brandt Projects Mega Bullish Bitcoin-Gold Ratio: What’s Next For BTC Price
- Bitcoin prices continue to soar on the back of positive macro events in the United States, with bulls anticipating inflows in Donald Trump’s second term.
- The Bitcoin to gold ratio hit a new all-time high, weighing the purchasing power of gold per ounce to one Bitcoin. The ratio is currently at 40 gold ounces per BTC.
- Trader Peter Brandt projects a significant surge in the Bitcoin-Gold ratio, suggesting that the next mark is 89, double the present level.
- Institutional investors have been allocating assets towards Bitcoin following the approval of spot Bitcoin ETFs by the SEC, driving towards larger global adoption.
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Cryptoslate
2w
104
Image Credit: Cryptoslate
Craig Wright dodges prison as UK court suspends contempt sentence
- Craig Wright, who falsely claimed to be Bitcoin's creator, has been sentenced to one year in prison for contempt of court.
- The judge suspended the sentence for two years, meaning Wright will only face incarceration if he violates court orders during this period.
- Wright claims to be in Asia, and his current geographic distance could complicate the enforcement of his sentence if he re-offends.
- COPA, a nonprofit group, secured a reimbursement of £145,000 in legal costs, while Wright plans to appeal the rulings.
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Zycrypto
2w
405
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Bitcoin Slides Towards $96,000 After Fed Chair Powell Speaks Against Trump’s Strategic BTC Reserve Plan
- U.S. Federal Reserve Chairman Jerome Powell clarified that the Fed cannot own Bitcoin, hindering President-elect Donald Trump's plan for a national strategic Bitcoin reserve.
- Bitcoin's price dropped below $100,000 following Powell's comments and is currently valued at $96,847, down 6.2% on the day.
- Powell stated that any potential changes to allow BTC ownership would require Congressional action.
- Former President Donald Trump supports a bill proposed by Wyoming Senator Cynthia Lummis, which suggests buying 5% of the total Bitcoin supply for a strategic reserve, but it's uncertain if the bill will gain broad support.
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Zycrypto
2w
283
Image Credit: Zycrypto
Marinade Finance Boosts Solana Ecosystem with Strategic Supersol Investment
- Marinade Finance has made a strategic investment in SuperSol to support the growth of the Solana ecosystem.
- Solana's rapid growth is driven by scalability, performance, and solutions to key blockchain problems.
- Supersol aims to enhance Solana's scalability for decentralized applications and physical infrastructure networks.
- Marinade Finance's investment will help accelerate Supersol's development and improve Solana's capabilities.
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Cryptonewsz
2w
74
Image Credit: Cryptonewsz
XRP Whales Buy Another 110M XRP, $6 Price Target Next?
- XRP whales have added 110 million XRP to their holdings within the last 24 hours.
- XRP price experienced a 6.23% drop, trading at $2.19.
- Technical indicators suggest further price volatility, with a potential bullish recovery.
- Market observers speculate that XRP could reach $6 if bullish conditions remain favorable.
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Coinjournal
2w
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Image Credit: Coinjournal
Bitcoin and Dogecoin in focus as iDEGEN fires on all cylinders
- Investor interest in AI-themed meme coins, including iDEGEN, has surged, pushing the market cap to $6.74 billion.
- Bitcoin experiences profit-taking, dropping to $99,266.51, despite steady inflows in Bitcoin spot ETFs.
- iDEGEN's popularity intensifies as it approaches its listing, raising over $7 million and selling over 1 billion $IDGN tokens.
- Dogecoin price experiences a 35% drop, but finds support with Elon Musk's appointment and a prediction of $1 by 2025.
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Zycrypto
2w
61
Image Credit: Zycrypto
Market Hype Builds While DOGEN Altcoin Targets 35,000% Growth This Month
- Speculation grows about a major price breakout, while a rising altcoin catches attention with bold growth predictions.
- DOGEN, the strongest meme token dominating crypto, is expected to see a 700% surge in the coming months.
- DOGEN offers exclusive benefits to early adopters, aiming for massive returns and market dominance.
- Altseason is on the horizon, and DOGEN holders are poised to lead the charge.
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Bitcoinmagazine
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309
Foundation Introduces Passport Prime: Bitcoin Wallet And Data Security Device
- Foundation has released Passport Prime, a personal security platform designed to secure Bitcoin and digital data.
- Passport Prime offers Bitcoin wallet capabilities, multisig functionality, and temporary seed phrases.
- The device also features offline storage for 2FA codes, multiple security keys, and an encrypted flash drive.
- Passport Prime is the first device of its kind, aiming to simplify and secure private keys for decentralized transactions.
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Coinjournal
2w
357
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Court gives Coinbase the green light to delist Wrapped Bitcoin (WBTC)
- A US federal judge has allowed Coinbase to delist WBTC despite BiT Global’s objections.
- Judge Martínez-Olguín denied BiT Global’s TRO, citing lack of evidence of harm.
- Despite the delisting and Coinbase launching cbBTC, WBTC dominates the wrapped digital assets market with an 85% share.
- The ruling effectively cleared the path for Coinbase to delist WBTC as planned on December 19.
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Zycrypto
2w
427
Image Credit: Zycrypto
RWA Inc Announces Development of Layer 2 (L2) Blockchain and Decentralized Exchange (DEX)
- RWA Inc announces the development of a Layer 2 (L2) blockchain and decentralized exchange (DEX).
- The L2 blockchain will provide enhanced scalability, improved security, transparency, and interoperability for tokenized assets and decentralized infrastructure.
- The RWA DEX aims to enhance liquidity and provide a robust platform for trading tokenized real-world assets and decentralized physical infrastructure network utility projects.
- RWA Inc plans to launch a chain-agnostic Security Marketplace in 2025, offering users a platform to buy, sell, and manage tokenized RWAs and DePINs globally.
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Cryptoslate
2w
335
Image Credit: Cryptoslate
Bitcoin loses $100k as markets continue to slide in reaction to Fed’s slower pace for 2025
- Bitcoin (BTC) lost the $100,000 threshold after registering a 6.4% drawdown.
- Cryptocurrency derivatives recorded nearly $1.2 billion in liquidations during the period.
- Major altcoins also experienced sharper corrections, causing the total crypto market cap to fall 9%.
- The market slump is believed to be a reaction to the Federal Reserve's indication of a slower interest rate policy.
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