Bitcoin Surges to 99K Amid Inflation
Bitcoin surged to an intraday high of $99,442 following U.S. inflation data showing a core inflation slowdown, with $224M liquidated in 24 hours; trading at $98,805 by 9 a.m. ET. #Update #Crypto $BTC (+6) ↗
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Bitcoin Surpasses Crypto Hedge Funds 2024
Crypto hedge funds achieved double-digit returns in 2024, yet they couldn’t surpass $BTC’s remarkable performance, as reported by @GalaxyHQ’s Visiontrack Composite Index tracking 130 crypto-focused hedge funds. #Update #Crypto $BTC (+3) ↗
Crypto Giant Moonpay Acquires Helio
@Moonpay has acquired Helio, a Solana-focused payment processor, for $175 million. Helio will operate as a Moonpay subsidiary with its employees becoming shareholders. #Breaking #Crypto $SOL (+8) ↗
Crypto Crackdown: US Japan South Korea Unite
The United States, Japan, and South Korea have united to combat North Korea’s cryptocurrency theft operations, targeting billions in stolen funds used for weapons programs and cybercrime. This joint effort aims to dismantle North Korea’s crypto funding machine. #Breaking #Crypto (-9) ↘
Cybersecurity Proposals Target Ransomware Payments Ban
The UK government has introduced proposals to combat ransomware, banning public sector entities like the NHS from making ransom payments to protect critical infrastructure. #Update #Legal NHS (-5) ↘
Dedollarization: Russia Myanmar Currency Collaboration
Russia and Myanmar are intensifying efforts to establish a national currency payment system, aiming to reduce reliance on the U.S. dollar and enhance economic independence amid global dedollarization trends. #Update #Economy (+3) ↗
Bitcoin Defi Faces $30B TVL Bubble
@Startup1 and @Startup2 collaborate to introduce a solution verifying total value locked (TVL) claims in Bitcoin decentralized finance projects, addressing concerns over inflated figures in the $30B ecosystem. #Update #Crypto $BTC (-3) ↘
Crypto Risks: Rate Cuts Delayed Insights
@QCPCapital notes a shift in global market expectations as the 10-year Treasury yield hits 4.8%, its highest since late 2023, advising caution while small investors accumulate 17,600 $BTC monthly despite market volatility. #Update #Crypto $BTC (-2) ↘
Crypto: Trump Targets Biden Policies
The incoming Trump administration plans to reverse key Biden-era cryptocurrency regulations, targeting the Securities and Exchange Commission’s policies, as revealed by insiders to The Washington Post. #Breaking #Crypto @SECGov (-9) ↘
Bitcoin Expansion: Genius Group Raises $33M
@GeniusGroup plans to invest all proceeds from a $33 million rights issue into acquiring more $BTC, reinforcing its commitment to cryptocurrency as a preferred asset. #Update #Crypto $BTC (+4) ↗
Meme Coin WEPE Surges Past $47M
@WallStreetPepe’s presale has surpassed $47 million, fueled by a $7 million increase in the last 10 days. This surge positions $WEPE as a potential leader in the 2025 meme coin market. #Update #Crypto $WEPE (+6) ↗
Lightchain AI Testnet Launch in 2 Weeks
@LightchainAI is set to launch its Testnet and Faucet in two weeks, marking a significant milestone for the blockchain project integrating AI and decentralized tech. #Update #Crypto (+3) ↗
Sony Unveils Web3 Strategy with Soneium
@Sony, the Japanese electronics giant, launches a Web3 content strategy using Soneium, its Ethereum Layer 2 platform, to host exclusive content on the blockchain. #Update #Crypto (+4) ↗
Stablecoin Tether Moves to El Salvador
@Tether_to has announced its relocation to El Salvador after obtaining a stablecoin issuer license, with CEO Paolo Ardoino stating this move will enhance their focus on emerging markets. #Update #Crypto $USDT (+4) ↗