Author: John Smith
A new report from DWF Labs discusses how memecoins have become a major force in the digital asset landscape, highlighting the powerful intersection of social capital and financial innovation. Memecoins were once viewed as humorous offshoots of cryptocurrency. Whether inspired by a viral dog or a dead squirrel, they appeared to lack intrinsic value. However, this crypto cycle has seen memecoins emerge as a significant financial phenomenon. According to a report by DWF Labs, the market capitalization of memecoins surged from $20 billion in January 2024 to over $120 billion by December — a 500% increase. This growth reflects the…
A Morgan Stanley subsidiary is considering adding cryptocurrency services to its existing TradFi product suite. Morgan Stanley’s E-Trade is reportedly exploring the possibility of offering cryptocurrency and digital asset trading to its customers, according to The Information on Thursday, Jan. 2. E-Trade currently provides bonds, stocks, index funds, and other traditional financial investment products. Morgan Stanley acquired the brokerage in 2020. Expectations for crypto-friendly regulations under the President Donald Trump administration are likely a precursor to E-Trade’s potential decision, the report noted. Bullish sentiment around cryptocurrencies has soared following Trump’s victory in the U.S. general elections in November. His campaign…
Cryptocurrency exchange KuCoin just announced KuCoin Pay, which is a new payment platform designed to help merchants accept cryptocurrency transactions. KuCoin Pay is integrated with the KuCoin (KCS) app, which is used by over 37 million people globally. By leveraging this user base, businesses can connect with more customers while simplifying the payment process. According to the company release, customers can make payments by scanning a QR code or directly through the app. The platform’s goal is to make it easier for businesses to handle crypto payments. It offers lower fees, instant settlements, and support for multiple cryptocurrencies. KuCoin is…
Brett, the biggest meme coin on the Base Blockchain, rises for two straight days as whale purchase fuels bullish sentiment. Brett (BRETT) surged to $0.1350, marking a 25% increase from its December lows when most meme coins faced declines. This recovery is largely attributed to the ongoing resurgence in the crypto industry following the Christmas holiday season. Investors are optimistic due to several potential catalysts, including the upcoming inauguration of Donald Trump, anticipated changes at the Securities and Exchange Commission, and the distribution of funds from the FTX estate. The rally in meme coins has pushed the total market cap…
DEGN has released a Solana-based NFT that can be redeemed for a physical minting device called the Airmoney DEGN Genesis Edition. The device functions as a DePIN hardware wallet, allowing users to trade directly and print their wealth. According to its description on NFT marketplace Magic Eden, there are 1,690 numbered Airmoney DEGN Genesis Edition devices available for NFT buyers. Marketed as a “physical money printer,” the Airmoney DEGN enables users to trade, earn, and print physical money directly from the device. “The crypto world needed a physical money printer, so we built one. DEGN Genesis Edition introduces 1690 numbered…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. 2024 marked a significant turning point for the cryptocurrency industry. Bitcoin (BTC) exchange-traded funds took center stage early in the year, underscoring Bitcoin’s resilience and solidifying its position as a permanent fixture in the global financial landscape. After an initial post-ETF surge, the market experienced sideways movement as the industry navigated challenges, including what many have described as “debanking” by certain US regulatory bodies. These hurdles highlighted the growing pains of a nascent sector still striving for…
The transition of crypto asset oversight in Indonesia from the Commodity Futures Trading Agency to the Financial Services Authority is reportedly facing delays due to a lack of supporting government regulation. According to a recent report by Jakarta Globe, the transition of crypto asset supervisory authority from the previous agency, Bappebti under the Ministry of Trade to the Financial Services Authority is set to occur by Jan. 12, 2025. However, the transfer may be delayed even further due to a lack of supporting government regulation. Chairman of the Indonesian FSA, known locally as OJK, Mahendra Siregar, assured reporters that authorities…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A crypto expert claims meme coins like DOGEN could turn $200 into $2 million, making it the top choice for investors. A well-known expert in cryptocurrency suggests that investing in meme-based coins could transform a modest $200 into a staggering $2 million. This bold claim highlights the potential of these trending digital assets. Such a statement has caught the attention of many, raising curiosity about how meme coins might offer a fast track to immense wealth. DOGEN: The ultimate…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse is taking the crypto world by storm as the first all-sports meme coin, offering investors an exciting 7,402% return potential while blending sports culture with blockchain. The cryptocurrency market is seeing exciting developments, and five digital coins are gaining significant attention. Cardano, XRP, Ethereum, Polkadot, and the emerging XYZVerse are leading the pack with their innovative features. Explore what sets these cryptocurrencies apart and why they are becoming top picks among enthusiasts. XYZVerse emerges as a top choice…
South Korean game developer Wemade wants to bridge gaming and blockchain by introducing new decentralized communities in 2025. South Korean gaming giant Wemade apparently has big plans for 2025, focusing on new blockchain services and social communities. In an interview with Maeil Business Newspaper, Wemade’s chief executive officer Park Kwan-ho called 2025 a potential “turning point” for the firm, seeking to merge gaming and blockchain in a way that opens “new possibilities” in the global market. Park once again praised blockchain, saying its “transparency and inoperability of data” make the technology perfect for building trust in virtual services. “We will…