The CFTC accused a pastor of promoting a crypto scheme to churchgoers promising guaranteed returns of nearly 35%. Read More at https://cointelegraph.com/news/cftc-alleges-pastor-6m-crypto-ponzi-promoted-churchgoers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Ethereum has less than 10% chance of tapping $5K by year-end, says Derive
Derive suggests data shows the chances of Ether reaching $5,000 by the end of the year are low, but traders seem more bullish than ever amid significant ETF inflows. Read More at https://cointelegraph.com/news/ethereum-reaching-5k-before-2025-low-onchain-protocol-derive-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitwise predicts 2025 as year for crypto IPO — Kraken, Circle to go public
Bitwise has predicted that in 2025, Bitcoin could hit $500,000, Coinbase will enter the S&P 500 and AI agents will drive the next “memecoin mania.” Read More at https://cointelegraph.com/news/bitwise-predicts-five-crypto-unicorns-will-launch-ipo-in-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Scammers are using Telegram verification bots to inject crypto-stealing malware
Scam Sniffer told Cointelegraph it was the first time it’s seen a scam use a “specific combination of fake X accounts, fake Telegram channels and malicious Telegram bots.” Read More at https://cointelegraph.com/news/telegram-verification-bots-carry-crypto-stealing-malware?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Magic Eden’s ME token dips on debut as users report app issues
The price of Magic Eden’s freshly airdropped ME token dipped as low as 67% from its post-launch high amid a flurry of complaints from users. Read More at https://cointelegraph.com/news/magic-eden-airdrop-me-token-drops-app-issues-reports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Majority of altcoins may see a 'slow bleed' until late January 2025: VC
Crypto commentators say there is “not much alpha in chasing alts” right now, but are eyeing the possibility of Bitcoin retesting $99,000. Read More at https://cointelegraph.com/news/crypto-altcoins-slow-bleed-january-2025-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MARA Holdings buys another $1.1 BTC, hits industry-first 50 EH/s
MARA’s shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record. Read More at https://cointelegraph.com/news/mara-buys-more-bitcoin-crosses-hashrate-milestone?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chainlink integrates with Coinbase tokenized assets platform
Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase’s Project Diamond. Read More at https://cointelegraph.com/news/chainlink-coinbase-project-diamond-integration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Argentina’s Milei fires tax agency head over controversial tax on streamers
President Javier Milei has replaced the leadership of the country’s revenue agency following the introduction of a new tax regime targeting digital creators. Read More at https://cointelegraph.com/news/argentina-milei-fires-tax-agency-head-controversial-tax-streamers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nevada adds blockchain security in wake of fake electors fiasco
The announcement’s timing is noteworthy, with the 2024 US presidential race having finished a month prior. Read More at https://cointelegraph.com/news/nevada-adds-blockchain-security-wake-fake-electors-fiasco?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound