Author: Kryptonews

El Salvador, the first country in the world to recognize Bitcoin as legal tender, was seen by many in the industry as a pioneer. In 2025, the small country’s Bitcoin ambitions met reality.The Central American country made waves in 2021 when the Legislative Assembly approved a bill that required all merchants, stores and places of business to accept Bitcoin (BTC) as a form of payment. Proponents believed it would set off a chain of Bitcoin adoption and be a boon for the country’s economy.Ambitious adoption plans, including the issuance of bonds to fund a “Bitcoin City,” met lukewarm adoption from…

According to CoinGecko data, shortly after the exchange launched a 20% APY promotion for up to $50,000 per user in USD1 at noon today, the supply of USD1 surged by over 45.6 million tokens within hours. This sudden increase pushed the stablecoin’s market capitalization above $2.79 billion, highlighting the impact of high-yield incentives on crypto adoption and token circulation. USD1 and the Trump-Backed Connection USD1 is a stablecoin issued by World Liberty Financial, a project backed by the Trump family. Stablecoins are digital currencies pegged to a reserve asset, typically the U.S. dollar, and are widely used to facilitate trading,…

Gold is at a critical juncture when measured against U.S. money supply (M2SL), testing a level it last reached in 2011 and not surpassed since the 1970s, when the price more than tripled to a then-record $700 an ounce over the course of several years.In contrast, bitcoin BTC$87,341.88, referred to by some supporters as digital gold, has dropped toward a support level, revisiting lows it last touched during the “tariff tantrum” in April.Back in 2011, gold cost $1,800 an ounce. It’s now around $4,500. When plotted against the money supply, which represents the total stock of dollars circulating in the…

HashKey Capital, a subsidiary of HashKey Holdings, said it closed the first round of fundraising for its fourth crypto fund, locking in $250 million from a mix of institutional investors, family offices and high-net-worth individuals.The fund, HashKey Fintech Multi-Strategy Fund IV, is targeting a final close of $500 million. It will invest in both public and private markets, backing blockchain infrastructure and applications that support real-world and scalable use cases, the company said.The strategy includes crossover investments to capture value where traditional and blockchain finance intersect.Based in Singapore, HashKey has emerged as one of Asia’s largest digital asset fund managers…

Bitcoin (BTC) may establish a local bottom after dropping by over 35% from its record high of around $126,200 established two months ago, based on a mix of technical and on-chain indicators.Key takeaways:Momentum, miner capitulation, and liquidity indicators point to fading selling pressure.Macro liquidity suggests a BTC recovery could begin within the next 4–6 weeks.Bitcoin sellers nearing exhaustionAs of December, Bitcoin’s weekly Stochastic RSI had turned up from oversold levels, a setup that has historically appeared near key inflexion points, before the price rebounded, as highlighted by trader Jesse in the chart below. BTC/USD weekly chart. Source: TradingView/JelleSimilar bullish crosses…

Analyst argues Bitcoin’s upside no longer justifies risk, with BTC now trading about 30x above its last cycle low. A prominent crypto analyst known for their long-standing Bitcoin optimism has issued a stark recommendation: reduce BTC exposure in favor of select altcoins. In a detailed social media post, CrediBULL Crypto argued that with BTC near $90,000, its potential return no longer justifies the risk compared to fundamentally sound alternatives trading at deep discounts. Bitcoin Still Leads, But Alts Offer Better Upside CrediBULL opened the analysis by stressing their history of bullish Bitcoin calls from as low as $3,000 in…

A potential initial public offering (IPO) next year by cryptocurrency exchange Kraken may attract fresh capital from traditional finance (TradFi) investors.Bitcoin recorded an all-time high price above $126,000 on Oct. 6, but hasn’t recovered from a $19 billion liquidation event that hit the industry a few days later. At the time of writing, the world’s largest cryptocurrency was trading at $87,015 per coin, down 6% in two weeks, according to CoinGecko.Still, Dan Tapiero, founder and CEO of 50T Funds, claimed that the Bitcoin (BTC) bull market is “still mid-stage.” He added that Kraken’s IPO and an increasing number of (M&As)…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. You tried to bridge $50 from Ethereum (ETH) to a ZK-rollup, such as zkSync, expecting to pay a few pennies. Instead, a fee between $0.15 and $0.50 hits your wallet. That’s tough to swallow when you know that optimistic rollups vs ZK-rollups are often three times cheaper, and the Dencun upgrade slashed data costs by over 90%. The bottleneck isn’t network congestion. It’s the proof itself. Summary ZK-rollup fees are dominated by proving, not data or execution:…

Key Takeaways The SEC announced charges against seven entities involved in alleged crypto-related investment fraud, including three fake trading platforms and four investment clubs. The groups, operating through online messaging applications, used AI-generated tips and false government licensing claims to lure investors. Share this article The US SEC has charged crypto trading platforms Morocoin Tech, Berge Blockchain Technology, and Cirkor, as well as four related investment clubs, accusing them of running a coordinated crypto investment fraud that diverted at least $14 million from retail investors.According to the complaint, the investment clubs, including AI Wealth, Lane Wealth, AI Investment Education Foundation,…

Prediction market Polymarket blamed an unidentified third-party login provider for recent account breaches reported by several users.The platform confirmed the security incident on its Discord channel after users reported missing funds and suspicious login attempts.Social media posts on Reddit and X show several users received unexpected login alerts and then discovered their balances had been wiped. One user said their account dropped to just one cent despite not having their devices compromised and no other affected services.Another user on X said they lost around $2,000, despite having two-factor authentication on. A third user said their “top 1000” Polymarket account was…