Starting January 2025, Russia is tightening its grip on cryptocurrency mining with a six-year ban across ten regions.
$308 million DMM crypto heist solved?
Federal investigators have identified the North Korean hacker group known as “TraderTraitor” as the culprit behind the $308 million theft from the Japanese cryptocurrency exchange DMM Bitcoin back in May.
Bitcoin mining stocks struggle
Even with Bitcoin’s impressive 113% return this year, many mining stocks are having a tough time keeping up.
Big Bitcoin correction, the worst since Trump’s win
Bitcoin is experiencing a strong pullback that has left many investors feeling uneasy. After hitting an ATH of just over $108,000 on December 17, the cryptocurrency has seen its price drop by about 12%.
Bigger Bitcoin reserve, less national debt?
Imagine if the United States could trim its national debt by 35%. Well, according to a new report from investment firm VanEck, it might just be possible with the creation of a Bitcoin reserve.
What’s driving Solana’s dominance?
Pump.fun has significantly influenced Solana’s market dynamics, driving liquidity and volatility through fee generation and substantial SOL sales, while accounting for over 60% of DEX trading volume during peak months.
This highlights its central role in the ecosystem’s activity.
A potential Solana ETF under a crypto-friendly regulatory environment could stabilize and elevate SOL prices by attracting institutional investors, shifting behavior toward long-term holding.
However, Solana’s reliance on Pump.fun raises concerns about the sustainability of its growth and its long-term appeal to investors.
Ryan Lee, Chief Analyst at Bitget Research
Crypto.com launches custody service for U.S. institutions
The popular crypto exchange announced the launch of its institutional custody service, officially named the Crypto.com Custody Trust Company.
