NFT community members hope the platform will reward its early users with a token airdrop. Non-fungible token (NFT) marketplace OpenSea has sparked speculation of an impending token launch and user airdrop following its registration in the Cayman Islands. The news was shared on Dec. 14 by Waleswoosh, a pseudonymous researcher from the Azuki NFT collection, who posted…
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A potential Trump executive order making Bitcoin a US reserve asset might drive a $20 billion BTC purchase in 2025. President-elect Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin as a United States reserve asset, according to Jack Mallers, founder and CEO of Strike. A 200K…
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A crypto analyst warns that Bitcoin’s price could face volatility if the highly anticipated United States Bitcoin Strategic Reserve bill gets passed. A crypto analyst has warned that if approved, Senator Lummis’ proposal for the United States government to acquire 5% of Bitcoin’s supply could cause increased price volatility in the short term. “I expect…
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Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors. A cryptocurrency trader has reportedly turned a $27 investment in the Pepe memecoin into an extraordinary $52 million profit, according to blockchain analytics firm Lookonchain. An unknown Pepe trader bagged the life-changing profits, crypto intelligence firm Lookonchain revealed in a Dec. 14 X post.…
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The FIT21 market structure bill passed the House of Representatives in May 2024 with bipartisan support by a 278-136 margin. United States representative French Hill recently appeared on CNBC and said that the US desperately needs a crypto market structure bill, which he described as a “top priority” for the Republican Party. According to Representative…
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Security researchers claimed that the vulnerability could have been used to crash the entire Dogecoin network. A hacker exploited a critical vulnerability in the Dogecoin network, causing 69% of its nodes to crash. On Dec. 12, Andreas Kohl, co-founder of Bitcoin sidechain Sequentia, claimed that he had crashed 69% of the Dogecoin network. Kohl said he used…
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A Texas Bitcoin investor faces two years in prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent. An early Bitcoin investor from Austin, Texas, became the first person criminally charged for failing to report crypto capital gains in a case involving about $4 million worth of cryptocurrencies. According to…
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BiT Global is suing Coinbase for $1 billion, claiming unfair practices after it delisted wBTC to promote its own competing product, cbBTC. Crypto exchange Coinbase is being sued for over $1 billion by BiT Global Digital Limited, which is accusing the company of harming the market for Wrapped Bitcoin after a November decision to delist…
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Ethereum still has the crown for total developer activity, topping the charts across every continent around the world. New developers flocked to the Solana ecosystem this year, overthrowing Ethereum’s eight-year reign as the top ecosystem for new developers. However, Ethereum is still number one globally in total developer activity. According to a Dec. 12 report from Electric…
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Trump’s team is asking whether the president-elect could nix financial industry regulators or combine them together, according to a Wall Street Journal report. Donald Trump’s transition team is reportedly exploring whether the incoming president’s administration can slim down, lump together, or even cut banking regulators. President-elect Trump’s advisers from the partly Elon Musk-led Department of Government Efficiency have asked…
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