Category: crypto

Hedera HBAR’s current price is $0.27011, showing a 1.39% increase in the last 24 hours. The platform utilizes hashgraph technology to enable secure collaboration and transactions among individuals who do not have a trusted relationship, eliminating the need for a middleman.

President Donald Trump is facing a potential government shutdown after a power struggle with Elon Musk over a spending deal. Musk, dubbed “President Elon Musk,” has challenged Trump’s authority before his return to the White House. The behind-the-scenes conflict highlights the influence of the tech titan in politics.

The US authorities rejected Sam Bankman-Fried’s appeal to overturn his conviction and sentencing related to the bankrupt FTX collapse. The government found no merit in his claims of judicial bias and procedural missteps, maintaining that the original trial was fair and lawful. Bankman-Fried’s request for a retrial was denied.

Crypto thefts reached $2.2 billion in 2024, a 21% increase from the previous year, with North Korean-linked cybercriminal groups being a major contributor. Centralized exchanges were targeted more than DeFi platforms, with private key compromises being a significant vulnerability. North Korean hackers stole $1.34 billion in 47 attacks in 2024.

In 2024, institutional players purchased a significant amount of Bitcoin, with spot ETFs and public-listed companies like MicroStrategy leading the way. US-traded spot Bitcoin ETFs saw record inflows and BlackRock’s IBIT ETF holds the most assets under management. Public companies also added to their Bitcoin treasuries, helping to stabilize the market. President-elect Donald Trump’s support…

Bitcoin dropped below the $100,000 mark, experiencing a 6.4% decline in the past 24 hours to $97,000. This led to significant liquidations in the crypto derivatives market. Ethereum and Solana also saw losses, with Chainlink and Dogecoin experiencing the worst corrections. The market uncertainty was attributed to Fed Chairman Jerome Powell’s comments on interest rate…

Computer scientist Craig Wright, who falsely claimed to be Bitcoin’s creator, Satoshi Nakamoto, has been sentenced to one year in prison for contempt of court. The judge suspended the sentence for two years. Wright plans to appeal. The Crypto Open Patent Alliance also secured reimbursement of legal costs. Wright targeted developers and bloggers with aggressive…

Bitcoin’s price dropped following the US Federal Reserve’s rate cut, but experts like Bitwise CIO Matt Hougan are optimistic about its long-term prospects. The Fed’s cut and comments on BTC regulations triggered market reactions, with Bitcoin falling to $98,839 before stabilizing. Despite the pullback, Hougan believes Bitcoin will continue its upward trajectory due to strong…

BitMEX co-founder Arthur Hayes predicts a potential sharp downturn in the crypto market around the inauguration of US President-elect Donald Trump due to a mismatch between high investor expectations and political realities. He believes Trump’s ability to implement significant changes is limited, and the market may face sell-offs before the 2026 mid-term elections. Hayes emphasizes…

Japanese Bitcoin investment firm Metaplanet will start trading on the US OTCQX Market on Dec. 19 under ticker MTPLF. The move follows the company’s focus on Bitcoin Treasury Operations, leading to a 7% stock increase on the Japanese exchange. Metaplanet aims to attract global investors and expand its Bitcoin Treasury Strategy.