14 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.

SunPump’s AI-Driven Token Launch — A New Era for Meme Coins

SunPump’s AI-Driven Token Launch — A New Era for Meme Coins

TRON network expands its horizons with a new SunPump feature unveiled by Justin Sun, enabling the creation of personalized meme tokens using AI technology.

23 Dec 2024
Community Gaming’s Forkast Platform to Launch in January

Community Gaming’s Forkast Platform to Launch in January

The Web3 gaming ecosystem, Community Gaming, has announced the launch of its Forkast prediction market platform on January 7, 2025, alongside the CGX token on the Ronin bridge.

23 Dec 2024
Uniswap’s Unichain Set for Public Release in Early 2025

Uniswap’s Unichain Set for Public Release in Early 2025

Unichain, a Layer-2 Ethereum project built on the OP Stack and backed by Uniswap, is on track for a public release at the start of 2025.

23 Dec 2024
North Korean Hackers — Not So Great at Trading After All?

North Korean Hackers — Not So Great at Trading After All?

Hackers are typically associated with brilliance and technical prowess. But recent events involving HyperLiquid suggest that traders might be turning the tables in the intellectual showdown.

23 Dec 2024
40% Price Surge for Premium Plus on X

40% Price Surge for Premium Plus on X

Premium Plus on X (formerly Twitter) now costs 40% more, the steepest hike since Elon Musk’s acquisition of the platform. Does this signal a shift for crypto enthusiasts on X?

23 Dec 2024
Is a Presidential Pardon for SBF on the Horizon?

Is a Presidential Pardon for SBF on the Horizon?

Talk of a presidential pardon for Sam Bankman-Fried, the ex-FTX CEO, has taken the crypto community by storm. Could it really happen?

23 Dec 2024
Bitcoin’s Largest Drop Since August: What’s Next?

Bitcoin’s Largest Drop Since August: What’s Next?

Andre Dragosch, director and head of research Europe at Bitwise warns that Bitcoin could face further declines in the coming weeks due to U.S. Federal Reserve policies. Despite this, he sees the price drop as a prime opportunity to accumulate BTC, citing its scarcity.

23 Dec 2024
Bo Hines Appointed by Trump to Lead the Crypto Council

Bo Hines Appointed by Trump to Lead the Crypto Council

Donald Trump has appointed former football player and Yale University graduate Bo Hines as the Executive Director of the newly established Presidential Council of Advisers for Digital Assets, also known as the “Cryptocurrency Council.”

23 Dec 2024
Metaplanet Makes Its Largest Bitcoin Purchase Ever

Metaplanet Makes Its Largest Bitcoin Purchase Ever

Japanese investment firm Metaplanet has acquired 619.7 BTC ($60 million) in its largest single Bitcoin purchase to date—four times the size of its previous acquisition of 159.7 BTC.

23 Dec 2024
ETH Drops Over 30%. Did the Trump Family Know When to Buy?

ETH Drops Over 30%. Did the Trump Family Know When to Buy?

Between December 19 and 20, the crypto market plunged once again. Bitcoin fell below the $93,000 mark, while ETH lost 30% over a few days, declining from $4,100 to nearly $3,100. The last time ETH reached this price was a month ago.

20 Dec 2024
Goodbye USDT? MiCA Regulations Redefine EU Crypto Trading

Goodbye USDT? MiCA Regulations Redefine EU Crypto Trading

New EU regulations on crypto assets, set to take effect in a few days, are already reshaping the stablecoin market. Many European crypto exchanges are delisting USDT to comply with MiCA requirements, leaving investors searching for alternative stable assets.

20 Dec 2024
German Regulators Target World App

German Regulators Target World App

Actions by Germany’s BayLDA against the decentralized identification project World, co-founded by OpenAI CEO Sam Altman, reveal the state’s push to monopolize the collection and storage of personal data, particularly sensitive biometric information.

20 Dec 2024
Tornado Cash Co-Founder Fights to Dismiss Criminal Charges

Tornado Cash Co-Founder Fights to Dismiss Criminal Charges

Roman Storm, co-founder of the controversial crypto mixer Tornado Cash, is pushing to have criminal charges against him dropped. This follows a landmark appellate court ruling that found the actions of the Office of Foreign Assets Control (OFAC) against the platform to be an overreach of authority.

20 Dec 2024
SEC Approves First Cross-Asset Bitcoin-Ethereum Spot ETFs

SEC Approves First Cross-Asset Bitcoin-Ethereum Spot ETFs

The US Securities and Exchange Commission (SEC) has approved dual Bitcoin-Ethereum crypto index ETFs on Nasdaq from Hashdex and Franklin Templeton.

20 Dec 2024
Doodles Founder’s New Post Teases Possible Token Launch

Doodles Founder’s New Post Teases Possible Token Launch

The NFT collection Doodles may launch its native token, according to a new post by Doodles founder, known by the username “Burnt Toast” on X.

20 Dec 2024
El Salvador Adds 11 More Bitcoins to Its Reserves

El Salvador Adds 11 More Bitcoins to Its Reserves

El Salvador’s Bitcoin Office has revealed the country’s latest Bitcoin acquisition, adding 11 more coins to its reserves. The purchase, valued at approximately $1,071,422, was made at an average price of $97,402 per coin.

20 Dec 2024
Bitfinex Hacker Ilya Lichtenstein Breaks Silence

Bitfinex Hacker Ilya Lichtenstein Breaks Silence

Ilya Lichtenstein, known for the theft of 120,000 BTC from Bitfinex, has made his first public statement since pleading guilty last year. Previously sentenced to five years for money laundering, his partner Heather Morgan received 18 months.

19 Dec 2024
Powell Turns Hawkish, Cathie Wood Sells Coinbase Shares

Powell Turns Hawkish, Cathie Wood Sells Coinbase Shares

Following a market slump triggered by Federal Reserve Chair Jerome Powell’s hawkish remarks, Ark Invest has sold shares of Coinbase.

19 Dec 2024
Open Letter Urges Dutch Government to Establish Bitcoin Reserve

Open Letter Urges Dutch Government to Establish Bitcoin Reserve

Bram Kanstein, a Bitcoiner and founder of the Bitcoin financial services provider Onramp, has urged the Dutch government to establish a national Bitcoin reserve.

19 Dec 2024
WhiteBIT Surpasses Kraken in Annual Trading Volume

WhiteBIT Surpasses Kraken in Annual Trading Volume

WhiteBIT, Europe’s leading cryptocurrency exchange, has outpaced Kraken in annual trading volume. Including both spot and futures markets, WhiteBIT achieved an impressive $2.7 trillion, compared to Kraken’s $628 billion.

19 Dec 2024
Bitcoin Falls Below $100K as Jerome Powell Speaks

Bitcoin Falls Below $100K as Jerome Powell Speaks

A sudden market downturn saw Bitcoin slipping under the $100,000 threshold on December 18-19. This followed the Federal Reserve’s 25 basis point rate cut announcement and comments from Fed Chair Jerome Powell during a press briefing.

19 Dec 2024
BlackRock’s Bitcoin Video Sparks Excitement and Debate

BlackRock’s Bitcoin Video Sparks Excitement and Debate

BlackRock, the world’s largest asset manager, released an educational video about Bitcoin. In the 3-minute video, the company explains the history of money and how Bitcoin works as an asset for transactions and a store of value.

19 Dec 2024
El Salvador and IMF Deal Imposes Bitcoin Activity Limitations

El Salvador and IMF Deal Imposes Bitcoin Activity Limitations

El Salvador and the International Monetary Fund (IMF) have reached an agreement on a $1.4 billion loan package to support the country’s reform agenda.

19 Dec 2024
Annual Highs for NFT Trading Volumes

Annual Highs for NFT Trading Volumes

On December 18, 2024, NFT trading volumes on marketplaces hit 27,000 ETH, setting a new yearly high, according to DefiLlama analytics.

18 Dec 2024
Binance Australia Sued Over Consumer Protection Violations

Binance Australia Sued Over Consumer Protection Violations

The Australian Securities and Investments Commission (ASIC) filed a lawsuit against Binance Australia Derivatives for failing to provide adequate consumer protections to over 500 clients.

18 Dec 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.