Cryptocoins News / CryptoNinjas - 2 months ago
Litecoin Booms: 243% Jump in Transactions as ETF Rumors Swirl Key Takeaways: Anticipation of spot ETFs has led to a surge in Litecoin’s daily transaction volume Since the beginning of October, LTC’s market cap has been rising much faster than...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Major ETF Outflows: Bitcoin ETFs faced $364.8M in withdrawals and Ethereum ETFs lost $13.1M on February 20. Market Impact: BTC and ETH prices may face downward pressure due to increased supply and selling activity in the near term. In...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Utah’s bill moves the state one step closer to allowing it to hold Bitcoin as a reserve asset. The only asset that currently meets the bill’s caps on market cap is Bitcoin. Utah would be the only state in the U.S. with an official Bit...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: The Ethereum Foundation is looking to hire a social media manager to get its voice out on the slew of major platforms. The intent behind the role is to drive better sentiment around Ethereum by sharing noteworthy updates and engaging...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: ECB accelerates work on an interbank settlement system for a wholesale CBDC The push for a digital euro is being driven by growing market demand and competition posed by stablecoins. The prospects of CBDC continue to be shadowed by pr...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: How do you sell Pi as users face multiple roadblocks? Pi cannot be accessed globally; thus, it cannot realize its value yet, making sales limited; So, tread carefully around projects with high upside and little work to be done when it...
Cryptocoins News / CryptoNinjas - 2 months ago
Binance is the most popular cryptocurrency exchange and the largest by trading volume and has served millions of users.Whether you are new to cryptocurrency trading or familiar with other exchanges, the Binance trading platform can be a great place t...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: YLDS being the first SEC-approved yield-bearing stablecoin provides a stable yield of 3.85% APR. YLDS holders can also earn interest on their holdings, with monthly payouts in either USD or YLDS. This approval from the SEC reflects it...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: In 2024, pig butchering scams led to $5.5B in crypto losses, exceeding hacks. These scams threaten retail investors and platforms the most. Investors require protection tactics, and combating scammers requires increased vigilance and...
Cryptocoins News / CryptoNinjas - 2 months ago
The broader crypto market had a rough past month, with the leading five cryptocurrencies facing losses of 5-26% since late January. The meme coin sector, despite showing signs of recovery over the past 24 hours, dropped from $109 billion in January t...
Cryptocoins News / CryptoNinjas - 2 months ago
The broader crypto market has steadily risen over the past 24 hours, adding $100 billion to its market cap to reach $3.2 trillion. Bitcoin (BTC), which has faced resistance at the $96,000 level for the past three days, is now trading at $97,203. Out...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: In 2024, the UAE recorded 15 million downloads for crypto apps, a 41% increase over 2023. This growth is being attributed to political shifts in favor of crypto and aggressive marketing campaigns. Retaining users is another hurdle tha...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Brazil approves the first XRP spot ETF in the world, an important achievement for the cryptocurrency. XRP Ledger: Brazilian Bank to Issue Brazilian Real-Pegged Stablecoin These developments underscore Brazil’s ascendance as a cr...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Montana’s House Committee on Labor and Business voted to approve a measure that would allow the state to retain Bitcoin as a reserve asset. This move positions Montana as a potential trailblazer, influencing other states to cons...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: OpenSea will release the SEA token in a bid to regain its popularity, as well as thank the users who are loyal to the platform. Innovation of the OS2 system is a crucial step in delivering a better UX and attracting new players to the...
Cryptocoins News / CryptoNinjas - 2 months ago
The $67.1 billion meme coin market has nearly halved in value since mid-January when it was valued at $115 billion as the broader crypto market took a downturn over the past 30 days. Despite the red trend that plagues established tokens, Meme Index (...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Hong Kong aims to become a global crypto hub through its “ASPIRe” roadmap. The roadmap addresses challenges like fragmented liquidity and regulatory arbitrage. Institutional adoption and technological innovation are centra...
Cryptocoins News / CryptoNinjas - 2 months ago
Solaxy (SOLX) launched its presale on December 12th, 2024, and has already raised $22.2 million for its upcoming Layer 2 blockchain. Designed to improve Solana’s scalability, the blockchain will be a complementary yet competitive project, as it could...
Cryptocoins News / CryptoNinjas - 2 months ago
Despite stabilizing above the $100,000 level throughout the second half of January and entering February at $102,196, Bitcoin (BTC) dropped to $93,529 yesterday. However, it managed to recover following the news of additional institutional investment...
Cryptocoins News / CryptoNinjas - 2 months ago
As the broader crypto market faces a red trend, with the ten leading cryptocurrencies recording losses in the past 24 hours, investors are turning to projects that are yet to realize their potential, and Solaxy (SOLX) is getting more attention than m...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Hong Kong considers crypto derivatives and margin lending for professional investors. The city has granted nine digital asset trading licenses, with more on the way. New regulations for stablecoins are in development, solidifying Hong...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Nigeria aims to tax crypto transactions to bolster national revenue. The SEC is expanding crypto licensing to monitor and tax exchanges effectively. This move comes amidst ongoing regulatory clashes, including disputes with Binance....
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: ETH reserves on exchanges are at their lowest levels since 2016, signaling reduced sell-side pressure. Investors are increasingly moving ETH to cold storage for long-term holding, reflecting confidence in the asset’s future. Pot...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Hyperliquid introduces HyperEVM, an Ethereum Virtual Machine, directly secured by the layer-1 blockchain. A bug bounty program with rewards up to $1 million aims to bolster the security and stability of HyperEVM. The integration of Hy...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways: Tether has partnered with Guinea to explore blockchain technology and drive digital transformation. The partnership emphasizes education, innovation, and the sustainable integration of blockchain technology in the region. Guinea aims...
