Emma Davis

Riot Platforms mined 516 Bitcoin in December

January 8, 2025 1 min read

Riot Platforms reported a Bitcoin production of 516 BTC in December 2024, which is a 4% increase from November’s 495 BTC. However, this figure represents a 17% decline compared to December 2023, when 619 BTC were mined. Daily production also fell from 20 BTC in December 2023 to 16.5 BTC in December 2024. The company is expanding its Corsicana facility in Texas, completing the first 400 MW development phase. CEO

Ripple CEO Brad Garlinghouse calls the 119th US Congress the most pro-crypto in history

January 7, 2025 1 min read

The 119th US Congress is being recognized as a pivotal moment for the crypto sector, with Ripple CEO Brad Garlinghouse expressing optimism about its potential to reshape the industry. On January 3, he highlighted the arrival of 298 pro-crypto legislators from both political parties, indicating a significant shift in Washington’s approach to digital assets. This sentiment is echoed by the crypto advocacy group Stand With Crypto, which anticipates productive collaboration

Bitcoin is back above $100K as the crypto market shows bullish signs

January 7, 2025 1 min read

Bitcoin (BTC) recently surged past the $100,000 mark, reaching approximately $102,000, marking its highest level since December 19. This increase of 2.5% within an hour coincided with the opening of traditional U.S. markets and represented a 4.3% rise over the previous 24 hours. Following a significant rally post-Donald Trump’s election victory, the crypto market experienced a correction at the end of 2024. BTC hit a local low of around $91,000

RLUSD, Ripple’s USD-pegged stablecoin, sees over 2000% surge in trading volume

January 6, 2025 1 min read

Ripple‘s USD-pegged stablecoin, RLUSD, has experienced a remarkable 2000% increase in trading volume shortly after its launch, reaching $612.85 million, according to CoinMarketCap. This surge has positioned RLUSD as the fourth most-traded stablecoin, with a market cap of $53.1 million. However, skepticism surrounds the authenticity of these figures, given the brief time since its introduction. A significant portion of the trading volume—over 96%—is attributed to the cryptocurrency exchange Bullish, which

Can XRP hit $11? Here what analyst says

January 6, 2025 1 min read

XRP is currently witnessing a surge in market sentiment, recently reaching a psychological price of $2.50. This positive momentum has ignited optimism among XRP supporters, although analyst Ali Martinez cautions that predicting a price in the double digits may be premature. He highlights that XRP is consolidating within a bull pennant pattern, with the token trading around $2.44 and facing significant resistance at $2.73. According to Martinez, breaking this resistance

Rich Dad Poor Dad author Robert Kiyosaki warns of a market crash

January 5, 2025 1 min read

Robert Kiyosaki, renowned financial expert and author of “Rich Dad Poor Dad,” has issued warnings about an impending market crash, attributing it to reckless monetary policies by the U.S. Federal Reserve and other financial institutions. He emphasizes the detrimental effects of excessive money printing, which he believes exacerbates inflation, devalues fiat currencies, and increases wealth disparity. Kiyosaki advocates for investing in tangible assets like gold, silver, and Bitcoin as effective

A California resident files a lawsuit against 3 Asian banks for a crypto scam that cost him nearly $1 million

January 3, 2025 1 min read

Ken Liem, a California resident, has initiated a lawsuit against three Asian banks, alleging negligence in preventing a cryptocurrency scam that resulted in a loss of nearly $1 million. Filed in a California district court on December 31, 2024, the lawsuit claims that Fubon Bank Limited, Chong Hing Bank Limited, and DBS Bank Limited failed to conduct adequate due diligence and implement necessary Know Your Customer (KYC) and Anti-Money Laundering

Lithium Ecosystem Achieves 50% Pre-Sale Milestone, Raising $1 Million

Lithium Ecosystem Raises $1 Million

January 3, 2025 1 min read

The Lithium Ecosystem has achieved an impressive audit score of 100 out of 100 and is legally registered as a company in the United States. With a limited supply of only 20 million tokens, the project has completed 50% of its pre-sale, raising $1 million towards its $2 million goal. The pre-sale price is set at $0.20 per token, with the official launch price anticipated to be $1.50. The Lithium

Do Kwon, the co-founder of Terraform Labs, was extradited from Montenegro to the US

January 1, 2025 1 min read

Do Kwon, the co-founder of Terraform Labs, has been extradited from Montenegro to the United States, concluding a protracted legal battle. Kwon was apprehended in March 2023 for attempting to travel with a counterfeit passport and subsequently fought extradition, seeking to return to South Korea instead. However, Montenegrin authorities denied his appeals, leading to his transfer to US officials at Podgorica International Airport on December 31. Kwon faces serious charges

Donald Trump appoints David Sacks as the US crypto czar

December 31, 2024 2 mins read

Donald Trump has recently appointed David Sacks as the US cryptocurrency czar, sparking talks about possible changes in regulations for digital assets. Sacks, a well-known tech entrepreneur who was PayPal’s first COO and started Yammer, is expected to help clarify and guide US cryptocurrency policies. Experts in the crypto industry, like Ryan Chow from Solv Protocol, are hopeful about his appointment. They believe Sacks will push for clearer rules that

Ethereum co-founder Vitalik Buterin donate $300K to support viral Hippo Moo Deng

December 29, 2024 1 min read

Vitalik Buterin, co-founder of Ethereum, has made headlines with his generous donation of 10 million Thai baht (approximately $300,000) to the Khao Kheow Open Zoo in Thailand. This contribution aims to enhance the zoo’s operations and establish a dedicated habitat for Moo Deng, a five-month-old pygmy hippo who has captured the hearts of many. Buterin’s announcement, shared on X, highlights his commitment to supporting Moo Deng as her “adoptive father”

BlackRock holds 430,770 shares of its spot Bitcoin ETF IBIT