Sheila Warren, CEO of the Crypto Council for Innovation, had her X account hacked on Thursday, December 26, to promote the $SPELL token, the advocacy group confirmed in a social media statement. The now-deleted December 26 X post read, “I’m…
Meme-turned-utility project Floki is working with an unidentified asset manager to develop an exchange-traded product (ETP) tracking its FLOKI token that could be available to investors in Europe early in the new year, one of the developers told CoinDesk. If…
A South Korean court has jailed a celebrity pro golfer and the former head of the crypto exchange Bithumb for bribery and attempting to manipulate altcoin price levels. Per Hankyoreh, the former Bithumb CEO Lee Sang-jun was sentenced to two…
In financial markets, the best entry opportunity is often fleeting and easily missed. Now, Solana’s SOL is flashing a timely second chance for those looking to trade bullish breakouts. The SOL price has surged over 7% this week to $193,…
Solana (SOL) demonstrated resilience during a bearish December, achieving over $100 billion in decentralized exchange (DEX) trading volume for the second consecutive month. With a $107.865 billion in monthly DEX volume (as of Dec. 27), Solana outpaced its competitors in…
Just when you thought the year-end couldn’t get any more intriguing, a significant options expiry is set to shake things up in this highly levered-up market. Options are derivative contracts that give the purchaser the right to buy or sell…
The governments of Japan and Russia have ruled out creating national Bitcoin (BTC) reserves in the near future. Both said they would prefer to see how other countries – such as the USA – develop Bitcoin reserves before taking action.…
Traders expect bitcoin (BTC) choppiness to continue with a possible rotation to altcoins, as a major options expiry weighs on market dynamics in the festive week ahead. “All eyes are on the massive expiry this Friday, where almost $20B notional…
Kyrgyzstan, a Central Asian country known for its crypto mining industry, has experienced a serious decline in mining tax revenue, with the government collecting 50% less in 2024 compared to the previous year, according to a local report. In its…
Investment advisers will probably overtake hedge funds as the biggest holders of U.S.-listed spot bitcoin (BTC) exchange-traded funds (ETFs) next year, CF Benchmarks said Monday. A total of 11 spot BTC ETFs debuted in the U.S. on Jan. 11, providing…