The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more.
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Litecoin X account briefly hacked to promote a fake token
Litecoin’s (LTC) X social media account was briefly hacked on Jan. 11 by a scammer promoting a fraudulent Litecoin token on the Solana network. “LTC is now in Solana,” the hacker wrote in a now-deleted and grammatically incorrect post, which featured a contract address and a pump.fun link to the scam token. In an update,…
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Spot Bitcoin ETFs broke records in 2024 — Can they do it again in 2025?
The approval and launch of spot Bitcoin exchange-traded funds (ETFs) in the US were among the most anticipated financial products of recent years. As 2024 closed, the $129 billion in total net assets held by the ETFs suggests that 2025 will be even more groundbreaking. ETFs are financial products that reflect the value of their…
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Kenya drafts legislation to regulate cryptocurrencies
Kenya is preparing legislation to regulate cryptocurrencies, marking a shift from the cautious warnings previously issued by the Central Bank of Kenya (CBK). On Jan. 10, Treasury Cabinet Secretary John Mbadi reportedly said the government is “committed to creating the necessary legal and regulatory framework” for cryptocurrencies. The announcement comes as Kenya drafts a new…
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Usual Protocol to activate ‘revenue switch’ after USD0++ depegs
Usual Protocol, a decentralized finance (DeFi) stablecoin issuer, responded to community backlash on Friday, Jan. 11, after its staked stablecoin USD0++ sharply depegged from $1. On Jan. 9, USD0++ dropped as low as $0.89 before reaching $0.92, following the introduction of a new floor price mechanism and exit options. The protocol’s team has now introduced…
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Bitcoin trader warns risk ‘is peaking’ in crypto cycle, calls for caution
A Bitcoin analyst has warned crypto market participants to tread carefully in the coming months, with more profit-taking expected in the near term. “Risk is peaking for the first time in this cycle, and there’s a ton of profit in coins that have been selling and plenty more profit-taking to go before we are properly…
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Solana poised for 2025 rally, Fetch.ai launches $10M fund: Finance Redefined
Crypto analysts are predicting a year of significant financial gains for Solana, which is poised to see more adoption from new retail investors, partly driven by expectations of a spot Solana exchange-traded fund (ETF) in the US. The artificial intelligence industry is also seeing a resurgence in investment thanks to growing interest in autonomous AI…
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Price analysis 1/10: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, TON
Bitcoin’s bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.
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DOGS memecoin releases roadmap for first half of 2025
DOGS, a memecoin built on The Open Network (TON), released its roadmap for the first half of 2025, outlining plans for DOGS-themed games, community engagement through local philanthropy, and expanded payment use cases for the DOGS token. According to the roadmap, users will have the option to use their DOGS tokens, which were inspired by…
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Bitcoin’s outlook remains bullish despite macro setback: Grayscale
Bitcoin’s (BTC) price outlook remains “structurally bullish” despite temporary headwinds from macroeconomic data, Zach Pandl, Grayscale’s head of research, told Cointelegraph. On Jan. 10, a positive US jobs report sent BTC’s spot price tumbling below $93,000 as the US dollar rose on expectations of slower interest rate cuts. “Bitcoin seems to be held back by…
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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express
Bank of China ex-VP says Bitcoin will harm dollar’s hegemony Wang Yongli, former vice president of the Bank of China, has criticized US President-elect Donald Trump’s Bitcoin reserve proposal, arguing it conflicts with Trump’s goal of maintaining the dollar’s global dominance. “Bitcoin’s decentralized nature offers no advantage to bolstering the dollar’s global status. On the…
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Indian crypto exchange WazirX charts recovery path after $235M cyberattack
Indian cryptocurrency exchange WazirX, which suffered a $235 million cyberattack in July 2024, has announced a restructuring plan aimed at compensating affected users. The exchange, reportedly targeted by North Korea’s Lazarus Group, has developed the plan under the supervision of Singapore’s legal system. Zettai, the parent company managing WazirX, filed for a moratorium at the…
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Biggest buyer vs worst loser
The US emerged as the biggest investor in spot Bitcoin exchange-traded funds (ETFs) in 2024, while Canada — the first country to launch a spot Bitcoin ETF — was among the major losers. US spot Bitcoin (BTC) ETFs accounted for 100% of $44.2 billion crypto exchange-traded product (ETP) inflows in 2024, making the US the…
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Is XRP price going to crash again?
XRP (XRP) has dropped by 22.25% over a month after hitting $2.90, its highest level since January 2018, and was trading for as low as $2.26 on Jan. 10. XRP/USD daily price chart. Source: TradingView Profit-taking due to XRP’s overbought levels, strong US economic data, and the Federal Reserve’s hawkish pivot have been the primary…
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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express
Bank of China ex-VP says Bitcoin will harm dollar’s hegemony Wang Yongli, former vice president of the Bank of China, has criticized US President-elect Donald Trump’s Bitcoin reserve proposal, arguing it conflicts with Trump’s goal of maintaining the dollar’s global dominance. “Bitcoin’s decentralized nature offers no advantage to bolstering the dollar’s global status. On the…
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Compound adds Ethena, Mantle tokens to lending platform
Compound Finance is adding Ethena’s stablecoin and Mantle’s liquid staking token (LST) to its decentralized lending and borrowing platform, Mantle told Cointelegraph. On Jan. 8, Compound’s tokenholders voted to add stablecoin USDe and mETH, Mantle’s LST, to the decentralized finance (DeFi) protocol as lending collateral. The integration is the latest example of the accelerating adoption…
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Compound adds Ethena, Mantle tokens to lending platform
Compound Finance is adding Ethena’s stablecoin and Mantle’s liquid staking token (LST) to its decentralized lending and borrowing platform, Mantle told Cointelegraph. On Jan. 8, Compound’s tokenholders voted to add stablecoin USDe and mETH, Mantle’s LST, to the decentralized finance (DeFi) protocol as lending collateral. The integration is the latest example of the accelerating adoption…
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Fetch.ai launches $10M accelerator for AI agent startups
Fetch.ai, a crypto artificial intelligence company built on Cosmos, has announced a $10 million accelerator to support startups developing solutions focused on AI agents, quantum computing and high-performance tech. The accelerator, operating through Fetch.ai’s Innovation Lab, aims to connect research with real-world applications. The lab, with hubs in San Francisco, London and India, will provide…
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UK Judge dismisses $770M Bitcoin landfill hard drive case
James Howells, an IT engineer from Newport, Wales, has lost his legal battle to recover a hard drive containing more than $770 million worth of Bitcoin. The hard drive, which holds Bitcoin (BTC) mined in 2009, was mistakenly thrown away and ended up in a landfill. The Newport City Council has denied access to the…
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DOGE ’extremely quiet’ social chatter could be an opportunity: Analyst
A decline in social media posts and overall sentiment around Dogecoin could signal a buying opportunity for traders, according to crypto analysis firm Santiment. “Crowd sentiment has been near its lowest point over the past year,” Santiment said in a Jan. 9 report. The analysis firm gave Dogecoin (DOGE) a “bearish” crowd sentiment rating of…
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BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, LINK
Bitcoin (BTC) has pulled back near $95,000, indicating that the bears are trying to strengthen their position. A minor advantage in favor of the bulls is that the US spot Bitcoin exchange-traded funds witnessed inflows of $52.4 million on Jan. 7, even when Bitcoin fell more than 5%, per Farside Investors data. This suggests that…