Crypto market liquidations over the last 24 hours have reached over $1 billion as Bitcoin briefly fell back below $100,000 after reaching near its all-time high. CoinGlass shows that in the past day, $1.18 billion has been liquidated from nearly 406,000 traders, split between around $921 million in long liquidations and $260 million in short liquidations. Ether…

The Donald Trump-affiliated Official Trump (TRUMP) memecoin has surged in the past 24 hours, with forecasts suggesting its price could double by Jan. 20. TRUMP memecoin to “100 Billy” Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, has stirred the crypto community with his latest commentary on the burgeoning memecoin. “More than halfway there,” Hayes said on…

US President-elect Trump takes office on Jan. 20, much to the excitement of crypto industry executives expecting pro-crypto policies. However, those policies may or may not survive past his administration and depend on the balance of power in Washington, DC, sources told Cointelegraph. Adam O’Brien, founder and CEO of Bitcoin Well — a financial services…

2025 will be a year of crypto projects and tokens merging to maximize product-market fit, according to Dan Novaes, co-founder of EARN’M — a loyalty platform that rewards users for screen time on their mobile devices. In an interview with Cointelegraph, the executive said the crypto space is extremely overcrowded and plagued by over-tokenization, disproportionately…

Ethereum co-founder Vitalik Buterin announced major changes to the Ethereum Foundation’s leadership to emphasize technical expertise and improve communication between the foundation and builders in the Ethereum ecosystem. Buterin outlined several goals for an overhaul in a Jan. 18 X post, which included supporting decentralized application developers and promoting decentralization, censorship resistance, and privacy. The…

On Jan. 18, 2025, the cryptocurrency market witnessed a significant event with the launch of the “OFFICIAL TRUMP” ($TRUMP) memecoin on the Solana SOL blockchain. Its price has soared over 490% in less than 24 hours. OFFICIAL TRUMP becomes top 30 crypto overnight Donald Trump has announced the token from his official accounts on Truth Social and X, and…

Primex Finance, which provides an advanced DeFi experience to users by offering a mix of trading, lending and leveraged yield farming, is counting down on its token generation event. Decentralized finance (DeFi) has transformed traditional finance (TradFi) with its promise of open, permissionless access. However, it has yet to reach its full potential due to fragmented…

About half of all venture capital funding in the fourth quarter of 2024 went to cryptocurrency startups headquartered in the United States, and an incoming pro-crypto administration could push that further. Galaxy Digital’s Crypto and Blockchain Venture Capital report, filed on Jan. 15, found that 46% of capital invested went to startups headquartered in the US,…

Cryptocurrency businesses in the European Union are subject to new cybersecurity regulations as the Digital Operational Resilience Act (DORA) takes effect on Jan. 17. DORA impacts cybersecurity and resilience practices by virtual asset service providers (VASP) in the region. To comply with DORA, financial entities in the EU are required to have a comprehensive register of their…

South Korean financial authorities have taken action against alleged unfair cryptocurrency trading practices under the country’s investor protection regime. On Jan. 16, South Korea’s Financial Services Commission (FSC) reported the first case of unfair crypto trading practices under the Virtual Asset User Protection Act, which took effect in July 2024. South Korea’s Virtual Asset Protection Act requires local virtual…