Today in Crypto: Top Headlines and Market Updates You Need to Know
2 min read2 days ago
Fundamental News
- Iran’s Economic Affairs Minister Abdolnaser Hemmati announces new regulations to embrace crypto assets instead of imposing outright restrictions.
- Michael Saylor urges the US government to invest more in Bitcoin and less in gold.
- Federal Reserve Chair Jerome Powell gives Bitcoin a ringing endorsement.
- Amazon shareholders push for a minimum 5% Bitcoin allocation.
- KPMG reports a 14% shrinkage in Australia’s blockchain industry, amid a shift to AI.
On-Chain News
- Pudgy Penguins surpass Bored Ape Yacht Club as the second-largest NFT collection by market cap.
- Radiant Capital $50M DeFi hack in October, was executed by North Korea-linked hackers using Telegram malware.
- Royal Government of Bhutan transfers 406 BTC ($40M).
- Pepe Coin surges past $11 billion market cap, overtaking Uniswap in crypto rankings.
- Baby Doge Coin surges 49% amid whale accumulation, with speculation of reaching a new all-time high (ATH).
- Zilliqa launches Aventurine Proto-Mainnet, advancing towards Zilliqa 2.0.
Trading News
- Concerns rise as altcoins surge by up to 99%, leading to a drop in Bitcoin’s market dominance below 55%.
- US Bitcoin ETF inflows near $10 billion since Trump’s election win.
- Trump family and allies bask in crypto euphoria at a Gulf Bitcoin gathering.
- OKX announces listing of a new altcoin in USDC pair.
- Milady NFT creators launch CULT memecoin, topping an $800M market cap.
