Category : CoinJournal

CoinJournal

French Hill voted in to chair US House Financial Services Committee next year

Hill won after a second round vote, beating three other crypto-friendly Republicans Current Chair Patrick McHenry is retiring in on January 25, 2025 Hill has championed several crypto bills, including legislation to regulate digital assets Crypto-f...

Avalanche raises $250 million to boost layer-1 upgrade

Avalanche has raised $250 million from Galaxy Digital, Dragonfly and ParaFi Capital among other investors. The token sale comes as Avalanche nears the mainnet launch of its layer-1 blockchain upgrade. Avalanche has secured $250 million in a token s...

Vote postponed to renominate SEC commissioner Caroline Crenshaw

Senate Banking Committee chair Sherrod Brown called it a “disgusting smear campaign against Caroline Crenshaw” The vote was postponed minutes before it was due to begin by Brown No date has been set for Crenshaw’s renomination A U...

3 tokens on track for new all-time highs like Tron (TRX) and Bitcoin (BTC)

The crypto market has witnessed a number of tokens rallying toward new all-time highs (ATHs), including notable players like Bitcoin (BTC) and Tron (TRX). Despite some setbacks, such as the US government transferring nearly $2 billion worth of Bitcoi...

Australia fines Kraken operator $5 million for non-compliance

Kraken operator in Australia Bit Trade will pay a $5.1 million fine for non-compliance with regulatory requirements. The Australian Securities and Investment Commission accused the crypto platform of offering a credit facilty that did not comply wit...

Bitcoin reclaims $100k, could rally higher on possible Fed rate cut

Key takeaways Bitcoin is trading above $100k and could rally higher in the coming days. iDEGEN’s pre-market auction officially hits $4 million as more investors troop in. Bitcoin reclaims the $100k spot The cryptocurrency market began the wee...

Crypto price outlooks: Ripple XRP, Shiba Inu, iDEGEN

The overall market sentiment among crypto investors remains positive even as some assets report losses and fluctuations. While the bulls remain in control, Shiba Inu may enter a period of range-bound trading even though brief. On the other hand, Ripp...

WhiteBIT and Visa launch crypto debit card with cashback

The WhiteBIT Nova card allows EU users to spend crypto directly with no conversions. The debit card offers up to 10% BTC/WBT cashback with customizable daily spending categories. Backed by Visa, the debit card supports Apple Pay, with €10K dail...

Circle and Binance team up to boost global USDC adoption

Binance will adopt USDC into its corporate treasury and make the stablecoin more widely available to its 240 million users Circle will help Binance build relationships across the finance and commerce landscape Circle’s USDC is compliant with s...

PNUT meme coin soars amid Coinbase listing news

Peanut the Squirrel (PNUT) has jumped more than 30% in the past 24 hours, bouncing from under $1 amid positive news. The PNUT meme coin price hovered near $1.29 on Wednesday afternoon, up from lows of $0.98. Bulls saw its value rise to intraday highs...

Gate.io to list CYBRO token on Dec 14 after $7M presale success

CYBRO token ($CYBRO) will be listed on Gate.io on December 14. Gate.io is also conducting a 500,000 CYBRO token airdrop for subscribers holding at least 10GT. CYBRO has earned a spot among the Top 50 apps on Blast. Following a highly successful pre...

Holdstation Announces HOLD Listing on KuCoin, BingX and MEXC

Holdstation’s governance token, HOLD, will be listed on KuCoin, BingX, and MEXC on December 12th 2024. This milestone represents a major step forward in expanding the token’s global reach and liquidity while reinforcing its vital role in...

Rexas Finance (RXS) zooms past 9th presale stage in record time as investor demand spikes

Rexas Finance (RXS) has achieved a remarkable milestone, surpassing its 9th presale stage in record time, fueled by skyrocketing investor demand. With over $26.375M already raised, RXS continues to attract attention as a top project in the altcoin sp...

Hyperbolic raises $12M Series A from blockchain VC firms, Polychain Capital and Variant

Hyperbolic, the leading provider of open access AI computing and inference services, has raised a $12M Series A led by Variant and Polychain Capital, two leading blockchain-focused venture capital firms. This latest raise brings the company’s t...

Bitget eyes MiCA compliance with new Europe hub

Bitget has announced its plans to expand in Europe by establishing its crypto hub in Lithuania. The exchange is eyeing regulatory compliance ahead of European Union’s Markets in Crypto Assets (MiCA) rules. Crypto exchange Bitget plans to enha...

Ripple CTO Reacts to Ripple (XRP) Becoming 3rd Biggest Crypto, But Solana (SOL) and a New Fierce Rival Are Closing In

Now ranked third among all cryptocurrencies globally, Ripple has lately tapered its activities. It is not only a wonderful day for the leaders of XRP but a momentous occasion for the Chief Technology Officer at Ripple, who has just marked twelve year...

BC.GAME Announces UFC Welterweight Champion Colby Covington as New Brand Ambassador

UFC Welterweight Champion Colby Covington officially joins BC.GAME as a brand ambassador. Covington’s first collaborative event, the BC.GAME Wager Race was launched in December 2024, showcasing BC.GAME’s innovative blockchain gaming platf...

Ripple secures final NYDFS approval for RLUSD

Ripple has secured approval to launch its stablecoin Ripple USD (RLUSD). CEO Brad Garlinghouse pointed this out via a post on X. Ripple will soon launch its stablecoin RLUSD after it received the final approval from the New York Department of Finan...

Haven Protocol Token (XHV) crashes after mint exploit

Haven Protocol suffered a mint exploit, with over 500 million XHV tokens minted illicitly, The hack has sent the price of the XHV token down by over 60%. Hacker(s) exploited a vulnerability in the range proof validation code, introduced during the H...

Italy will drop plans to increase tax on crypto capital gains

Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and exemptions aim to protect small investors and boost crypto. Ital...

Microsoft shareholders reject Bitcoin treasury proposal

Microsoft shareholders have voted against the proposal that sought to have the tech giant add Bitcoin to its balance sheet. The vote on Tuesday, December 10, 2024, followed the proposal by the National Center for Public Policy Research, and came aft...

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