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The DoJ has announced that the prosecutors do not plan to pursue a second trial for Sam Bankman-Fried. John Deaton criticized the department’s move and called it a disgrace. The department based its move on the strong public interest for the immediate resolution of the case. John Deaton, an XRP attorney known for his stark comments against the Securities and Exchange Commission (SEC), has now turned his voice against the Department of Justice (DoJ). In light of the US prosecutors’ recent decision on Sam Bankman-Fried’s second trial, Deaton asked, “Who is the Attorney General protecting?” On December 29, the US Department of Justice informed Judge Kaplan that the prosecutors do not plan to pursue a second trial against Sam Bankman-Fried, the former CEO of the defunct crypto exchange FTX. The filing stated that the “strong public interest” for the immediate resolution of the case had influenced the DoJ’s decision. The prosecutors added that the affected ins

Ripple (XRP) saw a holiday boost this week, rallying over 5% on Christmas Day as the crypto market sprang back to life. The XRP price hit a high of around $0.65, its highest level in over a month. However, on-chain data indicates strong network growth for XRP recently, fueling optimism about further upside. XRP is trading at $0.63 at press time, up close to 8% over the past 30 days. The sixth-largest cryptocurrency by market cap has outperformed Bitcoin and the broader crypto market amid growing bullish sentiment. Also read: VeChain New Year Price Prediction: How High Can VET Go? A key factor driving enthusiasm is the spike in new users on the XRP ledger network. According to on-chain analytics firm Santiment, a whopping 12,819 new XRP wallets were created on Monday alone. New Ripple User Growth Key Catalyst The last time XRP saw similar growth in new wallet addresses was in late December last year. At the time, XRP prices had rallied by over 15% in just three days followi

Welcome to the fast-paced world of cryptocurrency, where the landscape is constantly evolving and new opportunities arise at every turn. In this dynamic space, strategic investors are always on the lookout for the next big thing. Today, let’s look into the top staking coins for 2024, exploring the potential of $ ADA , $MATIC, $NEAR, and $SOL.  We’ll also explore the buzz around one of the best upcoming ICO and a rising star,  Galaxy Fox , as it approaches a remarkable milestone of $2 million in its presale! Galaxy Fox: A Memecoin Phenomenon One of the best upcoming ICO for many investors, Galaxy Fox has emerged as a breath of fresh air. Boasting a unique blend of gaming, DeFi, staking, and NFTs, this crypto sets itself apart from traditional meme coins.  Its Web3 runner game adds an interactive dimension, offering rewards to top players and creating an engaging platform for both gamers and investors alike. Its staking program allows investors to earn passive i

Dolomite says vARB is a “vote-enabled ARB” token that will allow holders to participate in Arbitrum’s governance through voting. While it cannot be lent or borrowed, vARB means users can use their ARB collateral to vote. DeFi protocol Dolomite has launched vARB, a “vote-enabled ARB” token that allows holders participate in governance voting on the Arbitrum network. vARB is not a new token, and is non-transferable and non-tradable. Unlike ARB, users won’t be able to lend or borrow this token, the protocol said in a press release shared with CoinJournal. However, vARB will allow holders to tap into ARB tokens deposited as collateral to access governance and voting rights on Arbitrum. Amplify ARB voting power According to Dolomite, vARB will be held in “isolation mode” on the protocol , with users able to use them for voting on Arbitrum. That’s not possible with the ARB locked in liquidity pools and used for lending and borrowing. As it stands, ARB locked i

At the end of 2023, Bitcoin (BTC) is starting to consolidate the impressive gains it accumulated in recent weeks but is still trading around the massively important psychological level of $43,000, with its historical price action suggesting a specific period when it could go parabolic . Specifically, the price action of Bitcoin following Christmas week in 2022 was “similar to that in 2014, in which the macro bottom is very near the date,” as the pseudonymous cryptocurrency expert Trader Tardigrade pointed out in a chart pattern Analysis shared in an X post on December 27. As the crypto market analyst added, in one year’s time, the flagship decentralized finance (DeFi) asset “consolidated and trended upside to 2023 and 2015,” after which it “went parabolic in the following 2 years,” suggesting the same could take place this time around as well, or in 2025 and beyond, pushing BTC toward $280,000. Bitcoin price action analysis over years. Source: Trader Tardigrade Meanwhile, it is

Ethereum co-creator Vitalik Buterin proposed three methods to address a possible “systemic complexity” stemming from the network’s proof-of-stake consensus design.  In a Dec. 27 post on Ethereum’s research forum, Buterin outlined his ideas for solving a budding pain point caused by increasing network validators and cryptographic signatures required for each blockchain slot.  A PoS simplification proposal: make a design that only requires 8192 signatures per slot (even with SSF), making the consensus implementation considerably simpler and lighter.https://t.co/Z8mK7vZx7g — vitalik.eth (@VitalikButerin) December 27, 2023 The first way works through incentivizing mergers between validators teams by raising the minimum Ether (ETH) needed to run an Ethereum validator. This method revolves around the network’s decentralized staking pools.  Secondly, Buterin suggested dividing staking layers into two. One layer would feature stricter parameters, while the other would offer more flexibl

Philcoin forms strategic alliances with the Cabécar “Chirripo” tribe to reshape the region’s blockchain space. Philcoin aims to use blockchain technology to contribute to infrastructure development, such as roads, schools, hospitals, and telecommunication infrastructures. This partnership would bring transformation, inclusion, and security to indigenous tribes, empowering underserved communities. Recently, Philcoin formed strategic partnerships in Latin America, aiming to reshape the region’s blockchain landscape and revolutionize philanthropy. This follows the non-profit organization’s agreement in early December with the Cabécar “Chirripo” tribe in Costa Rica, the country’s largest indigenous tribe. Through this alliance, Philcoin plans to contribute to infrastructure development, such as roads, schools, hospitals, and telecommunication infrastructures among others, addressing challenges faced by the Cabécar “Chirripo” tribe, like several indigenous groups,

Cathie Wood remarked Bitcoin ETF as “the most liquid way to access exposure to Bitcoin.” Max Keiser criticizes Wood’s statement, dismissing it as false and “misleading.” According to Keiser, Bitcoin ETFs do not give investors the right to take delivery of actual BTC. Ark Invest CEO Cathie Wood acknowledged Bitcoin ETF as “the most liquid way to access exposure to Bitcoin” in a recent interview. The American financial broadcaster Max Keiser, censured Ark Invest CEO’s statement as “false” and “misleading.” Cathie Wood acknowledged Bitcoin ETF In an interview with CNBC, Wood addressed the imminent launch of Spot Bitcoin ETF, asserting that the latest signs of the Securities and Exchange Commission (SEC) are “very encouraging.” Reinforcing anticipations of the Bitcoin ETF launch in 2024, Wood elaborated on the potential benefits of the exchange-traded funds. She noted, If we’re right, a spot Bitcoin ETF will be the most liquid way to access exposure to Bi

Much like 2022 and its numerous calamities that shook the crypto industry brought no shortage of bears and doomsayers, 2023 brought recovery and renewed enthusiasm for investors.  Indeed, many crypto currencies rose to highs not seen in well over a year, such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), while others, like Polygon (MATIC), while benefiting from the rally, are still significantly under even compared with their previous 2023 highs. Still, considering that many believe that recent events have finally left the “ crypto winter” in the dustbin, and given that the New Year is right around the corner, Finbold decided to ask the artificial intelligence (AI) of OpenAI’s posterchild – ChatGPT – about which crypto currencies it would recommend to savvy traders. In its analysis, the AI seemingly remained level-headed, offering cryptocurrencies with a strong track record. Bitcoin (BTC) Finance Robert Kiyosaki’s investment strategy: A deep dive into his 202

New data from decentralized finance (DeFi) tracker DeFiLlama reveals that surging altcoin Solana (SOL) is now the top traded digital asset on decentralized exchanges (DEXs) behind Ethereum (ETH). Solana’s trading DEX volume has soared by more than 25% in the past week for a total of $5.6 billion, catapulting it into the second highest traded digital asset on DEXs, according to DeFiLlama. On December 13th, Solana ranked just fourth by DEX trading volume. Ethereum is the top traded DEX asset with $8.89 billion in trading volume in the past week. Source: DeFiLlama In the past 24 hours, Solana’s DEX trading volume totaled $895.9 million compared to ETH’s 1.07 billion. Solana is trading for $122.32 at time of writing, a 7.73% gain during the last 24 hours and a massive increase of over 1,000% since the start of the year. As the ETH competitor’s value surges, the network is gaining participants. Last week, stablecoin issuer Paxos announced its expansion to the Solan

Although his dark predictions of a large-scale financial crash are yet to come true, the renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki has had a good hunch regarding several specific commodities in 2023. Specifically, it is no secret that Kiyosaki is a staunch supporter of Bitcoin (BTC), gold, and silver, having them labeled as the three “hottest subjects on earth” due to the deteriorating value of the United States dollar (USD), and his views were pretty much on point this year. #1 Bitcoin In fact, back in February, he revealed that he had “backed up the truck” and purchased some of the flagship decentralized finance (DeFi) asset for himself as its price reached $6,000 after he had watched it climb to $20,000 and then drop to practically nothing. I am constantly asked “What price will gold, silver, or Bitcoin be in 2025. My reply is that is a silly question. More important question is how many gold, silver, Bitcoins d

SEC apologizes for misleading judge to freeze crypto firm assets based on inaccurate claims. Judge scolds agency for potentially undermining case integrity with false statements. DEBT Box, the accused firm, challenged the SEC’s accusations and exposed factual errors. On Thursday, attorneys representing the Securities and Exchange Commission (SEC) apologized to U.S. District Judge Robert Shelby. The apology comes in response to the SEC’s admission of misrepresenting facts to obtain a restraining order and asset freeze against crypto firm Digital Licensing Inc., also known as DEBT Box. In a filing submitted to the U.S. District Court of Utah, the SEC attorneys acknowledged the error, stating, “The commission deeply regrets these orders.” They also committed to organizing mandatory training sessions for staff members who played a role in the investigation. The controversy arose from the SEC’s litigation against DEBT Box in July, where the regulatory body alleged t

The cryptocurrency market seems to be gearing up for a Christmas rally. The global crypto market cap has surged 2% in the last 24 hours, currently at $1.74 trillion. Bitcoin (BTC), the original crypto, hovers just below the $44k mark, rallying 2.7% in the weekly charts. The market rally may continue through Christmas and into the new year. With that said, let’s look at the top 3 cryptocurrency projects to watch this weekend. Top 3 cryptocurrencies to watch this weekend Solana (SOL): Source – Coin Culture Solana (SOL) is currently the best-performing cryptocurrency among the top 10 projects. The asset has risen by over 880% since January and is inching closer to the $100 mark. The token might breach the $100 by Christmas and continue its rally into the new year. Also Read: Solana: How to Be a Millionaire When SOL Hits $100 SOL is currently up by 16.1% in the daily charts, 31.2% in the weekly charts, and over 81% in the last month. Source: CoinGecko SOL is curre

An eye-scanning biometric crypto project is plummeting after reportedly pulling out of Brazil, France, and India. According to a new report by TechCrunch, digital ID-focused crypto asset Worldcoin (WLD), co-founded by OpenAI chief executive Sam Altman, is leaving the three nations just months after launching its Orb verification services. Lily Gordon, a spokesperson for the firm that oversees Worldcoin, told TechCrunch that the protocol remains dedicated to “working with partners globally to ensure it meets regulatory requirements and provides a safe, secure and transparent service for verified humans.” Worldcoin’s Orb is a helmet-shaped peripheral that scans people’s eyes to verify their identity. To use it, traders must first download the Worldcoin app, obtain a compatible crypto wallet, and then visit an Orb to receive their identification, or World ID. In a follow-up email to TechCrunch, Gordon stated that the Orb services will be “temporarily scaled back” i

Author: Cynic, CGV Research Why not turn to Ethereum, and instead have to start over on Bitcoin? Because this is Bitcoin. Bitcoin, as the first successful decentralized digital currency, has been at the core of the cryptocurrency field since its inception in 2009. As an innovative payment method and store of value, Bitcoin has sparked widespread global interest in cryptocurrencies and blockchain technology. However, as the Bitcoin ecosystem continues to mature and expand, it also faces various challenges, including transaction speed, scalability, security, and regulatory issues. Recently, the inscription ecosystem led by BRC20 has set off the market, with multiple inscriptions achieving over a hundredfold increase, severe congestion in Bitcoin on-chain transactions, and an average Gas price exceeding 300 sat/vB. At the same time, the airdrop of Nostr Assets further attracted market attention, and protocol design whitepapers such as BitVM and BitStream were proposed. The Bitcoin ecosyst