Category : CryptoNinjas

CryptoNinjas

Utah on the Verge of Senate Approval for Bitcoin as Reserve Asset

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...

Ethereum Foundation Is Hiring a Social Media Manager to Rebuild Its Presence

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...

ECB Races to Build Wholesale CBDC as Digital Currency Landscape Shifts

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...

Is Pi Network the Next Cryptocurrency Revolution or Another Hype Train? Can You Really Cash Out?

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...

Binance Review 2025: Is It Legit? What Are Binance Pros and Cons?

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...

SEC Approves First Yield-Bearing Stablecoin: Great for Crypto?

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...

$5.5 Billion Stolen: Pig Butchering Scams Explode in Crypto, Cyvers Report Reveals

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...

Dogecoin Traders Investing in New Meme Coin as Presale Soars Past $6.5M

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...

Pi Network, Solaxy Predicted to Explode – Hidden Gem in the Market

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...

Crypto App Downloads Rise by 41% in UAE as Trends on Market and Politics Drive Demand

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...

Brazil Makes History: First XRP Spot ETF Passes, Local Bank Seeks XRPL Stablecoin

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...

Montana Advances Bitcoin Reserve Bill to the House, Following Three Other States

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...

OpenSea’s Bold Move: SEA Token Launch, OS2 Revamp, and a Battle for NFT Market Dominance

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...

New Meme Coin Showing Explosive Potential: Is Meme Index the Next Rocketing Crypto?

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 (...

Hong Kong Unveils “ASPIRe” Roadmap: A Bold Vision to Become a Global Crypto Hub

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...

New Altcoin Rivals Solana With $22M Raised – Solaxy to Explode?

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...

MicroStrategy Raises $2 Billion to Fuel Bitcoin Spending – BTC Bull Token Holders to Benefit?

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...

Solaxy Could be the Top Cryptocurrency Investment as Presale Raises $22M – 100x Gains Incoming?

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...

Hong Kong Doubles Down on Crypto: Derivatives, Margin Lending, and a Quest for Digital Asset Supremacy

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...

Nigeria’s Cryptocurrency Taxation Plan: Unpacking the Implications and Challenges

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....

Ethereum Supply Squeeze: Exchange Reserves Plunge to 9-Year Low

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...

Hyperliquid Launches HyperEVM & $1M Bug Bounty: A Game Changer for DeFi?

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...

Tether and Guinea Team Up to Explore Blockchain Technology and Drive Digital Transformation

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...

How Europe’s MiCA Regulation Will Transform Crypto Advisor Qualifications?

Key Takeaways: Europe’s MiCA regulation sets a new standard for crypto expertise with mandatory staff qualifications. ESMA’s proposed guidelines ensure informed advice, bolstering investor protection in the crypto space. By setting minim...

Solana Shorts Surge: Are Memecoin Scandals Crashing the Party?

Key Takeaways: Solana (SOL) futures markets are showing a growing bearish sentiment. The Solana ecosystem is facing a crisis of confidence due to memecoin scandals. Despite challengesˏ Solana continues its strong revenue generation. The cryptocurre...

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