Crypto News
People’s Bank of China Highlights Digital Yuan and Blockchain in 2025 Strategy
The People’s Bank of China (PBOC) has highlighted the utilization of the digital yuan, China’s central bank digital currency (CBDC), and blockchain technology as part of its 2025 strategy. In a post summarizing the issues touched on as part of the new year’s meeting, the Shanghai headquarters of the PBOC remarked that, as part ofSource link
Crypto Daybook Americas: Bitcoin Buzzes With Anticipation Before Trump’s Inauguration
By Omkar Godbole (All times ET unless indicated otherwise)The crypto world is buzzing as President-elect Donald Trump's inauguration nears. Bitcoin is holding above $100,000 and altcoins like SOL, ADA, LINK, XRP and LTC are shining as it's not just about a potential strategic bitcoin reserve anymore. Reports suggest Trump could announce crypto as a policy priority.Things are heating up for ether too. A blockchain address associated with Trump's World Liberty Finance (WLF) project snapped up nearly $10 million of ETH this week, according to Arkham Intelligence. And keep your eyes on layer-1 blockchain Near Protocol's NEAR. The token's supply dynamics look bullish, with the ratio of staked to unstaked NEAR rising, according to data source Flipside.Overall, the outlook for the...
FBI Foils ‘Goons’ Who Plotted to Kidnap Jeweler and Steal $2 Million in Crypto
The ringleader had started a Telegram chat to arrange the kidnapping—allegedly referring to the group's members as the "goons."Source link
TRM Labs: Tron Saw Largest Illicit Volume Reduction in 2024
TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of the T3 Financial Crime Unit established in August. TRM Labs Report Shows TronSource link
Publicly Traded U.S. Crypto Miners Double Bitcoin Holdings to Almost 100K in a Year
Publicly traded U.S. crypto mining companies doubled their bitcoin (BTC) holdings last year, taking the total to 92,473 valued at $8.6 billion as of end-December while the price of the largest cryptocurrency rose 120%, according to data from TheMiningMag.The biggest amount, almost half of the total, is held by MARA Holdings (MARA) with 44,893 BTC. MARA has the second-largest stash among publicly listed companies, surpassed only by MicroStrategy's (MSTR) 450,000 BTC.The strategy of investing in bitcoin and keeping it for the long term, known as HODL after a typing error made more than a decade ago, has grown in popularity in the past 12 months.Three other miners hold more than 10,000 BTC: Riot Platforms (RIOT) with 17,722 BTC, Hut 8...