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Cryptocurrency News

Location American Cryptocurrency News for 1 February 2025
Binance CEO Reveals How to Avoid Ponzi and Pyramid Schemes Binance’s CEO cautions investors about increasingly sophisticated crypto scams and offers guidance on navigating the industry’s future. Ponzi Schemes Are Getting Smarter--Binance CEO's Urgent Safety Playbook Binance ...
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Tether Reports $13 Billion in 2024 Profits, Hits All-Time High in U.S. Treasuries and Reserves Tether Holdings’ Q4 2024 report showed the company’s dominance of the stablecoin market with yearly net profits exceeding $13 billion. Tether Hits All-Time Highs in U.S. Treasury Holdings Tether Holdings Limited has ...
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Hungary Threatens to Block EU Sanctions on Russia, Citing 19 Billion Euros in Losses Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU's Russia Sanction...
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Best Wallet Takes Web3 by Storm & Hits 500,000 Users as ICO Approaches $9M Crypto traders are excited about Best Wallet (BEST) - and for good reason. While other mainstream wallets haven't seen much innovation in recent years, Best Wallet is shaking things up. With over 500,000 users already on...
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XRP Market Update: $3.10 Breakout or Bust? Traders Hold Breath as Bears Tighten Grip XRP currently hovers at $2.979 to $2.992 over the last hour, accompanied by a daily transaction volume of $3.45 billion and a market valuation of $172 billion. Its intraday fluctuations spanned $2.96 to $3.08, reflecting...
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Musk It Meme Coin Spikes 2,200% After Elon Musk's Father's Endorsement as Wall Street Pepe Hits $65M Mark in Presale Musk It (MUSKIT), a meme coin tied to Elon Musk’s name, has surged over 2,200% after Errol Musk announced his plans to raise $200 million for the Musk Institute, sparking speculation around the token. Meanwhile, SPX690...
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Bitcoin Mining Revenue Holds Steady at December Levels Minus $40 Million Data gathered from the first month of 2025 reveals that bitcoin mining revenue reached $1.4 billion for January, trailing last month’s figures by about $40 million. First Month of 2025—Bitcoin Mining Revenue Mirrors ...
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Bitcoin's Mempool Empties to Record Lows--Is Onchain Activity Drying Up? According to the latest statistics, following the first week of January, the number of unconfirmed transactions in the mempool has plummeted from slightly more than 200,000 to the current 7,723—a low not seen since 202...
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NFT Market Stumbles in January: Sales Drop 39% in Rocky Opening to 2025 Based on data gathered from Jan. 1 through Jan. 31, 2025, non-fungible token sales (NFT) experienced a 38.97% decline compared with the final month of 2024. Ethereum led in sales by amassing $340.47 million, although tra...
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Bitcoin seals first $100K+ monthly close with BTC price due 'big move' Bitcoin completes its highest monthly close in history, while February traditionally spawns double-digit BTC price gains.
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Gemini: Over 50% of Gen Z Own Crypto, Driving Adoption Trends The 2024 state of crypto report by Gemini examines the factors driving crypto adoption for the youngest generation of investors. Gen Z Are Driving Crypto Adoption A recent survey by Gemini reveals that Gen Z is leading g...
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The air for Bitcoin bears 'is getting very thin,' new ATH by Q1 end -- Analyst The favorable macro-environment leaves little room for doubt that Bitcoin is headed for new highs by the end of Q1 2025, making it very "thin air" for bears right now, according to a crypto analyst.
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Kraken to Delist USDT, Four Other Stablecoins for European Users Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance ...
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Microstrategy Locks in New Funding to Fuel Bitcoin Buying Spree Microstrategy is doubling down on bitcoin, raising over $563 million through preferred stock. With 423,650 BTC already, Saylor envisions a $13 million price future. Microstrategy’s Latest Funding Play Sets Up Its Next ...
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Wall Street Eyes XRP: Grayscale's XRP ETF Awaits SEC Green Light NYSE Arca has proposed listing the Grayscale XRP Trust, aiming to provide regulated exposure to XRP. If approved, shares would trade like a spot XRP exchange-traded product. NYSE Arca Proposes Listing Grayscale XRP ETF N...
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Tether and Lightning Labs Partner to Bring USDT to Bitcoin's Base Layer Tether announced that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. Bitcoin’s ‘Unmatched’ Decentralization Stablecoin issuer Tether announced Jan. 30 t...
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Elon Musk's Controversial Dad Looks to Cash in on Memecoin Feeding Frenzy The father of the world’s richest man hopes to raise $200 million from a crypto project dubbed “Musk It” to fund a think tank. ‘Musk It’ Memecoin Endorsed By Elon Musk’s Father Elon Musk’s father Errol Musk...
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