16 Jan 2025

Breaking News

Stay ahead of the curve with The Coinomist’s breaking news coverage. From major market shifts to regulatory updates and industry-defining announcements, we deliver the critical information you need, fast and accurate. Be the first to know about the stories shaping the world of cryptocurrency, business, investing, and Web3.

MicroStrategy Breaks Into the Top 100 U.S. Public Companies

MicroStrategy Breaks Into the Top 100 U.S. Public Companies

With more than 1.5% of all Bitcoin ever mined on its balance sheet, MicroStrategy has entered the prestigious list of the top 100 largest public companies in the U.S. by market capitalization, claiming the 97th position.

20 Nov 2024
Bitcoin ETF Options Fuel Historic Price Rally

Bitcoin ETF Options Fuel Historic Price Rally

BlackRock’s introduction of Bitcoin ETF options has electrified the market, sending Bitcoin prices soaring. Optimistic traders are fueling the momentum, with new record highs already achieved.

20 Nov 2024
$58,000 From Memecoins: Teen Strikes Gold on pump.fun

$58,000 From Memecoins: Teen Strikes Gold on pump.fun

pump.fun user @Fi2hrx, revealed to be a high schooler, created Gen Z Quant (ticker QUANT) on November 20. Promoting his coin via livestream, he managed to sell 51 million tokens for $29,600.

20 Nov 2024
BIS Challenges the Myth of Decentralized Liquidity in DEXs

BIS Challenges the Myth of Decentralized Liquidity in DEXs

The Bank for International Settlements (BIS) released a study casting doubt on the true decentralization of liquidity in DeFi trading platforms.

20 Nov 2024
Trump Picks Pro-Crypto Howard Lutnick as Commerce Secretary

Trump Picks Pro-Crypto Howard Lutnick as Commerce Secretary

President-elect Donald Trump nominated Howard Lutnick, a pro-crypto billionaire and prominent figure on Wall Street, as the Secretary of Commerce.

20 Nov 2024
Blockchain Lawyer Set to Take Over as SEC Chair?

Blockchain Lawyer Set to Take Over as SEC Chair?

Blockchain lawyer Teresa Goody Guillén is reportedly being considered to become the next Chair of the SEC, as revealed by CoinDesk sources. Guillén has declined to comment on the rumors.

20 Nov 2024
Michael Saylor Will Pitch Bitcoin to Microsoft’s Board

Michael Saylor Will Pitch Bitcoin to Microsoft’s Board

MicroStrategy CEO Michael Saylor will meet Microsoft’s Board of Directors in December to discuss the tech company investing in Bitcoin.

20 Nov 2024
QCP: Altseason May Be Just Around the Corner

QCP: Altseason May Be Just Around the Corner

The trading company QCP from Singapore is predicting an altseason within the next few months. QCP analysts cite optimistic market trends and expected regulatory changes to support their forecast.

19 Nov 2024
Dakota Now Accessible to Businesses Worldwide

Dakota Now Accessible to Businesses Worldwide

Dakota, launched by Ryan Bozarth, ex-CEO of Coinbase Custody, is now open for global business access.

19 Nov 2024
Brazil Brings Chainlink Onboard for CBDC Work

Brazil Brings Chainlink Onboard for CBDC Work

Banco Inter, Microsoft, 7COMm, and Chainlink have joined the second stage of Brazil’s DREX digital currency pilot, initiated by the Central Bank of Brazil. The first phase, launched in May 2023, tested the platform’s capabilities.

19 Nov 2024
Coinbase Ventures Invests $2M in AERO, Arthur Hayes Adds $300K

Coinbase Ventures Invests $2M in AERO, Arthur Hayes Adds $300K

AERO, the native token of the Aerodrome decentralized exchange, is gaining traction among prominent figures in the crypto market, including Tier-1 fund Coinbase Ventures and renowned crypto investor Arthur Hayes.

19 Nov 2024
Could Lido DAO Members Be Held Liable?

Could Lido DAO Members Be Held Liable?

A California court has determined that Lido DAO, the decentralized organization overseeing the liquid staking protocol Lido Finance, qualifies as a general partnership. The court dismissed arguments that the DAO is not a legal entity, as reported by Decrypt based on court filings.

19 Nov 2024
Shaquille O’Neal Agrees to $11M Settlement Over Crypto Promotion

Shaquille O’Neal Agrees to $11M Settlement Over Crypto Promotion

Basketball legend Shaquille O’Neal has agreed to pay $11 million to settle a lawsuit related to promoting his Astrals NFT collection and its native cryptocurrency, Galaxy.

19 Nov 2024
Kraken’s Appeal Rejected: Legal Battle Takes a New Turn

Kraken’s Appeal Rejected: Legal Battle Takes a New Turn

A U.S. federal judge has denied Kraken’s attempt to challenge a decision allowing the SEC’s case against the exchange to proceed. The legal battle between one of the largest crypto exchanges and the regulator is far from over.

19 Nov 2024
Binance to Launch BFUSD, a Reward-Bearing Margin Asset

Binance to Launch BFUSD, a Reward-Bearing Margin Asset

Binance, a leading crypto exchange by trading volume, announced the launch of a new asset, BFUSD. The news has been actively shared on social media, with many users on X assuming BFUSD is a stablecoin.

19 Nov 2024
Trump Engages with Crypto Sector

Trump Engages with Crypto Sector

President-elect Donald Trump reveals his commitment to the crypto sector with significant developments, including a meeting with Coinbase CEO Brian Armstrong and potential acquisition of Bakkt.

19 Nov 2024
Heather Morgan Gets 18 Months for Bitfinex Funds Laundering

Heather Morgan Gets 18 Months for Bitfinex Funds Laundering

Heather Morgan, the wife of Ilya “Dutch” Lichtenstein linked to the 2016 Bitfinex hack, was sentenced to 18 months in prison for her conspiratory role in money laundering.

19 Nov 2024
Y by Lido: A Contender for Sam Altman’s World Network?

Y by Lido: A Contender for Sam Altman’s World Network?

A team of experienced developers, including co-founders of Lido Finance, is planning to introduce a blockchain-based identity platform called Y.

18 Nov 2024
Monad Testnet Scheduled for Q4 2024

Monad Testnet Scheduled for Q4 2024

Ethereum-compatible Layer 1 blockchain Monad is reportedly beginning its testnet rollout, following the recent launch of its devnet—a developer testing phase.

18 Nov 2024
Nepal’s Youth Targeted in Rising Cybercrime Wave

Nepal’s Youth Targeted in Rising Cybercrime Wave

Nepal’s Financial Intelligence Unit (FIU), tasked with countering financial crimes, money laundering, and terrorist financing, has flagged cryptocurrencies as a key instrument in criminal activities.

18 Nov 2024
Project Liberty Partners with SOAR to Advance Web3 Social Media

Project Liberty Partners with SOAR to Advance Web3 Social Media

Project Liberty has teamed up with SOAR to propose a user-driven alternative to centralized social media platforms.

18 Nov 2024
Metaplanet to Issue Over $11M Bonds to Purchase Bitcoin

Metaplanet to Issue Over $11M Bonds to Purchase Bitcoin

Tokyo-based investment firm Metaplanet announced issuing 1.75 billion yen (over $11 million) to increase its Bitcoin holdings.

18 Nov 2024
Paul Tudor Jones Reports Increasing His Bitcoin Holdings

Paul Tudor Jones Reports Increasing His Bitcoin Holdings

Hedge fund manager Paul Tudor Jones’s fund increased its iShares Bitcoin (IBIT) holdings by 409% compared to June 30.

18 Nov 2024
Bitcoin to Reach $200,000: When to Lock in Profits?

Bitcoin to Reach $200,000: When to Lock in Profits?

Crypto analyst Dhaval Joshi of BCA Research questions whether Bitcoin investors should lock in profits now as its price approaches $100,000.

18 Nov 2024
StarkWare: Lower Fees, Increased Network Activity

StarkWare: Lower Fees, Increased Network Activity

StarkWare is gearing up for a significant upgrade to Starknet, its Ethereum-based Layer 2 solution powered by the ZK-STARK cryptographic mechanism.

18 Nov 2024

Opinion

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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers

Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers

Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.

Investigation

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Zora Network Reviewed: A Testnet Guide

Zora Network Reviewed: A Testnet Guide

Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.