Author: John Smith

Monero price has rallied for five consecutive weeks and is trading at levels last seen in April 2022. Monero (XMR), the largest privacy-focused cryptocurrency, was seen trading at $220.70 on Thursday Jan. 23, up by 113% from its lowest level in 2024. The rebound picked up momentum after a US court ruled in favor of Tornado Cash (TORN), a popular crypto mixer that was slapped with sanctions. The US government argued that the network facilitated money laundering. The ruling was a positive catalyst for other privacy-focused coins like Monero, Dash, and ZCash, which have faced scrutiny in the past few…

Crypto startup Layer One X designed to serve as a layer-1 smart contract protocol saw its token jumping by more than 1,600% in a matter of one hour. Layer One X, a startup which promises developers to build once and access liquidity across different networks, saw the price of its native token L1X jumping by more than 1,680% in a matter of just few hours on CoinGecko, a crypto price tracking website. According to the website’s data, L1X price soared from $5.14 to $37.16 in just one hour, outpacing multiple other altcoins in the top 100 coins by market capitalization.…

The native token of the Animecoin community is set to make its South Korean debut via Upbit on Jan. 23 at 22:00 KST after listing on Binance. According to a recent notice, Upbit will launch the token inspired by the Japanese pop-culture phenomenon starting from Jan. 23 at 22:00 KST. The South Korean crypto exchange will provide trading support for ANIME paired with the Korean Won, Bitcoin and Tether. The token will be available on the Arbitrum (ARB) network. Traders can start depositing and withdrawing ANIME at 22:00 KST. Upbit will announce the beginning of transaction support at a later…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Remittix is making waves in the crypto industry, with its smart approach to cross-border payments and a presale performance that’s catching the eye of investors. Remittix is one of the few names that consistently comes up in discussions about the 2025 forecasts that are now circulating in the cryptocurrency industry. A current wave of innovation is making way for a potential disruption, despite the market dominance of tokens like Shiba Inu, Cardano, and Binance Coin. Remittix is a token…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In December 2024, the price of Bitcoin (BTC) passed $100,000 for the first time. This surge, driven by optimism over a pro-crypto US administration, marked a historic moment. Yet, despite the excitement, it also highlighted an ongoing problem—cryptocurrencies still aren’t ready for everyday use. Bitcoin and other cryptocurrencies have become popular as investments, similar to stocks or as some experts call it—Bitcoin is the ‘digital gold.’ But when it comes to being used as real money, they…

World Liberty Financial’s adoption of wBTC over Coinbase’s cbBTC drew praise from Justin Sun, who accused the exchange of unreliable custody practices. The tension between Coinbase and TRON (TRX) founder Justin Sun is heating up as Sun calls out the exchange’s centralized approach to its tokenized Bitcoin product, cbBTC. Sun took aim at Coinbase’s proof of reserves, blasting the system as insufficient and backing Trump-linked World Liberty Financial for choosing Wrapped Bitcoin (wBTC) over Coinbase Wrapped (cbBTC) for its Bitcoin reserves. Let me break down this 4D chess move for you.Why did the president choose WBTC as his BTC reserve…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s inauguration sparks crypto market frenzy, with Bitcoin surging to $106,000 and emerging tokens like Yeti Ouro poised for explosive growth. President Trump’s inauguration has caused a big move in the crypto market. His inaugural speech didn’t mention crypto, but creating an SEC “crypto task force” under Acting Chairman Mark Uyeda was a big plus. This has pushed Bitcoin price to $106,000 this week, and the overall market looks promising. Since we’re likely entering a bull market, it is…

Changpeng ‘CZ’ Zhao comments on how ‘lazy’ AI chat bots are in a recent X post, despite his eagerness in exploring AI technology in blockchains. In a recent post, Changpeng ‘CZ’ Zhao shared his thoughts on artificial intelligence-powered chat bots. The Binance co-founder called them lazy, for only being able to tell him things that he already knew. Instead of educating him on information he does not know. “The problem with AI Chatbots is that, often, I don’t know what I don’t know. I don’t know what to ask. It would be good if it could just tell me things…

Birla Institute of Management Technology, a premier business school in India, has launched its in-house cryptocurrency for use on campus. Dubbed BIMCOIN, the cryptocurrency will help enable transactions between students, vendors, and administrators while also serving as a practical tool for hands-on learning in blockchain and digital finance, according to an official press release. BIMTECH, which is supported by the Birla group of companies, an Indian conglomerate, partnered with the Kalp Decentra Foundation, a non-profit organization focused on digital innovation, to develop BIMCOIN on a permissioned blockchain. For those unaware, permissioned blockchains are private or semi-private blockchain networks that require…

The crypto market is likely to stay in a holding pattern as traders await key developments in late January, analysts at QCP Capital suggest. The market has been drifting lower, despite the U.S. Securities and Exchange Commission’s announcement of a Crypto Regulatory Task Force, with pressure on Bitcoin (BTC) continuing to mount, analysts at QCP Capital note. In a research note on Jan. 23, the analysts suggested that the crypto market might to stay in a holding pattern for some time as no major market-moving events expected “before next week’s FOMC meeting.” “With no major catalysts before next week’s FOMC…