The Protocol newsletter by CoinDesk provides a weekly summary of significant cryptocurrency tech developments. This week’s highlights include Donald Trump’s new crypto-friendly appointments aimed at integrating blockchain into the U.S. economy, a leadership change at Aptos Labs with co-founder Avery Ching stepping in as CEO, and Sonic’s plan to distribute its tokens to TikTok users, ...
Digital asset investment products experienced a significant week with total inflows of $308 million, despite substantial outflows on December 19, exceeding $1 billion over just two days. A notable factor in these movements was a $17.7 billion drop in total assets under management, largely influenced by the Federal Open Market Committee’s hawkish stance. Although Bitcoin ...
Michael Saylor, CEO of MicroStrategy, has made headlines again after advocating for Microsoft to invest in Bitcoin. During a December 2024 presentation, he highlighted Bitcoin as a crucial technological wave, countering skepticism with his company’s significant success since they began acquiring the cryptocurrency. MicroStrategy currently holds a massive Bitcoin portfolio worth around $42 billion, leading ...
Shiba Inu, a cryptocurrency that gained massive popularity in 2021 with a staggering increase of 45,278,000%, has had a rollercoaster journey since then, losing much of its value by mid-2022. Now, it appears to be making a comeback, prompting discussions about its long-term investment potential. Although Shiba Inu is classified as a meme coin—much like ...
A recent report highlights that Nigeria and South Africa are leading the world in digital asset ownership. In Nigeria, an impressive 99% of people are familiar with digital assets, and 74% have owned them at some point, with 42% still owning these assets. South Africa also shows strong interest, with 68% having owned digital assets. ...
The cryptocurrency Market is currently experiencing a bearish trend, with Bitcoin dropping below $95,000 and the overall Market value decreasing by around 2% to $3.27 trillion. Key altcoins like Ethereum and XRP are also on the decline, while Movement and Hyperliquid saw significant losses of 20% and 19%, respectively. Despite these drops, some positive developments ...
Bitcoin remains the leading cryptocurrency in 2023, but Ethereum is gaining ground and could challenge its dominance by 2025. Bitcoin is mainly seen as a store of value, while Ethereum offers a flexible platform for decentralized applications and services. In the coming years, Ethereum is expected to improve with new projects focused on speed and ...
Bitcoin has seen a remarkable surge, growing 46% since the November 2023 elections and 146% year-to-date, recently surpassing $108,000. However, another cryptocurrency, Sui, has outperformed Bitcoin, increasing over 120% since the election and 430% this year, now valued at $4.50 with a Market cap of $13 billion. Launched in May 2023, Sui quickly gained attention ...
South Korea and the United States are teaming up to enhance protection against cryptocurrency thefts, particularly from North Korean hackers. They have recently signed an agreement to collaborate on developing technology to prevent such cyberattacks and track stolen digital assets. The South Korean science ministry will support this initiative until 2026 through a dedicated research ...
South Korea and the United States are teaming up to combat cryptocurrency theft, especially amid threats from North Korea-linked hackers. They’ve recently signed an agreement to collaborate on developing technologies that can prevent attacks and track stolen digital assets. This initiative, backed by South Korea’s science ministry, will last until 2026 and involves researchers from ...
