Year: 2024

Chainlink (LINK) Surges amid Altcoin Rally, Secures Key Role in Tokenized Securities with 21X

Vortex Cryptonews

LINK price reached $22.9, marking a 22.4% gain in 24 hours with $6 billion daily trading volume and $21 billion market valuation. Chainlink’s infrastructure has facilitated over $17.3 trillion in total transaction value, with adoptions by major companies. Strategic partnership with Frankfurt-based 21X will enable EU-regulated tokenized trading services, set to launch in Q1 2025 under BaFin supervision. Chainlink , a fast-growing blockchain ecosystem that enables the mainstream adoption of smart contracts through reliable data, has emerged as a top performer in the ongoing altcoins rally led by Ripple Labs’…

Arthur Hayes: Crypto Market to See ‘Harrowing Dump’ on Trump’s Inaugural Day

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Bitcoin and crypto will crash on January 20, the day Trump takes over. The Bitcoin strategic reserve initiatives is not happening, said BitMEX’s Arthur Hayes. Bitcoin made a new all-time high, breaking $108K for the first time. , a prominent crypto entrepreneur and one of the co-founders of leading crypto exchange BitMEX, stated that on January 20, the day president-elect begins his tenure as the new United States president, the crypto market will witness a “harrowing dump” with Bitcoin and altcoins nosediving significantly after the recent monumental gains. In a…

AI Tools Coming to Ripple Ecosystem as Atua Developer Announces $100 Million Fund

Vortex Cryptonews

Atua AI plans to accelerate the adoption of AI solutions within DeFi and enterprise operations using Ripple XRP’s efficient and scalable infrastructure. The investment will fund AI model training, research, and development, focusing on real-time analytics and and automated workflows for XRP-based platforms. It also aims to streamline business operations, enhance automation, and improve decision-making processes. The Ripple ecosystem is set to get a major boost as Atua AI developer KaJ Labs has announced a $100 million fund to build advanced AI tools on the Ripple platform. With this move,…

Bitget Plans to Enter the US Market as Pro-Crypto Sentiment Grows

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Bitget is revisiting plans to enter the US market, leveraging potential regulatory clarity under a pro-crypto Trump administration. Bitget may partner with licensed US firms to simplify regulatory processes and fast-track its entry into the American crypto ecosystem. Leading cryptocurrency exchange Bitget is gearing up for a potential entry into the United States market, spurred by optimism surrounding the incoming pro-crypto Trump administration. The exchange, known for its rapid growth and innovative strategies, is exploring partnerships with US-licensed firms to navigate the country’s regulatory complexities efficiently. According to a CoinDesk…

Canada’s Vancouver to Integrate Bitcoin in City Finances

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The motion aims to position Vancouver as a “Bitcoin-friendly city”. It highlights the potential benefits of Bitcoin adoption, including protecting the city’s purchasing power from inflation and supporting innovation. Vancouver has a rich crypto history, having introduced the world’s first Bitcoin ATM in 2013, and is home to blockchain startups like Dapper Labs. With Bitcoin price roaring to its new all-time highs above $100K, following ‘s victory last month, Canada’s Vancouver city is now mulling integrating BTC into its finances. Next week on December 11, Mayor Ken Sim will pass…

Bitget COO Calls Regulation Compliance Key to India’s Crypto Growth

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Vugar Usi Zade from Bitget emphasized that legal clarity is essential for crypto market growth, especially in India. Bitget plans to open a local office in India by the end of 2024 to strengthen compliance. Zade highlighted the importance of KYC protocols and AI tools to ensure user security and prevent fraud. The crypto industry is evolving fast, but staying compliant with regulations is key to unlocking its full potential, especially in India. As the crypto adoption grows, ensuring legal clarity is essential for balancing user protection with market innovation,…

Bitcoin Exchange Reserves Plummets to Lowest in Years as BTC Drops to $95K

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Bitcoin exchange reserves crashed to multi-year lows. BTC dropped to the $95,000 price level after failing to retain $97,000. Bitcoin reserves on exchanges dropping suggests bullish investor sentiment. Bitcoin reserves on digital asset trading platforms have dropped to their lowest levels in years, data from blockchain analysis platform CryptoQuant confirms. Meanwhile, the market-leading digital asset has failed to retain price action above the $97,000 price level, suggesting a lack of buying pressure for a sustainable rally towards the much-anticipated $100,000 price level. According to CryptoQuant , a massive 171,000 have…

Bitcoin (BTC) Price Attempts Bullish Breakout Catalyzed by Rising Demand from Whale Investors

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Bitcoin price is trading at a crucial crossroads that could either lead to a rally towards $200K or a retrace towards $85K. The supply of Bitcoin on centralized exchanges has shrunk exponentially in the past year amid speculation of mainstream adoption by nation-states. After teasing below $95K earlier this week, Bitcoin price surged more than 5 percent in the past 24 hours to trade about $101K on Thursday, December 12, during the mid-London session. The flagship coin retested the highest daily close of about $101,961, signaling a potential bullish breakout…

Binance Welcomes Vana (VANA) as 62nd Project on Launchpool

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Binance has added Vana (VANA) to its Launchpool, allowing users to farm the token before its market debut on December 16. Starting December 14, users can participate in the Launchpool by locking their BNB or FDUSD to earn VANA tokens ahead of launch. VANA trading pairs will include popular options like USDT, BNB, and FDUSD. Leading global cryptocurrency exchange announced on Friday the addition of Vana (VANA), a Layer 1 blockchain project focused on securing users’ data, to its Launchpool program. This initiative allows users to farm the token before…

Blockchain Infrastructure Provider Orbs Pushes THENA to New Heights Following $600,000 Investment

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Orbs invested $600,000 in THENA in late 2023, helping the decentralized exchange achieve significant milestones including a Binance listing in November 2024. Orbs also provided THENA with advanced tools like dTWAP, dLIMIT, Liquidity Hub, and Perpetual Hub to enhance trading and liquidity management. Layer-3 blockchain infrastructure provider Orbs announced Friday that it played a significant role in transforming the fortunes of THENA, a decentralized exchange (DEX) based on the BNB Chain (BEP-20). With a $600,000 investment in late 2023, coupled with advanced trading technologies and strategic collaborations, Orbs said it…