Author: Vickie Helm

The leading cryptocurrency on the market is currently trading over 40% above its average price leading up to the U.S. elections scheduled for November 5. Analysts attribute this surge mostly to commitments made by the Trump campaign and its supporters to create a friendly environment for the evolving internet industry. Additionally, this price trend aligns with Bitcoin’s historical four-year supply cycle. Cathie Wood from Ark Invest recently revised her price prediction for Bitcoin in 2030, doubling it. In a conversation with CNBC viewers last week, she suggested that if trends continue as they have in the past, Bitcoin could reach…

Disclosure: The opinions expressed in this article are those of the authors and do not necessarily reflect the views of crypto.news editorial staff. Darwin’s theory of evolution indicates that the organisms most suited to their surroundings are the ones that thrive. Similar to the natural world, cryptocurrencies also compete for essential resources necessary for their survival in a highly volatile and decentralized ecosystem. Only those with strong and properly structured frameworks are likely to endure. Therefore, developers should prioritize creating a robust infrastructure for cryptocurrencies to increase their chances of thriving in future market cycles. Defining a “Sound” Cryptocurrency Unlike…

A Shanghai court has declared that owning virtual currencies privately is permissible under Chinese law. Despite regulatory changes, China has retained its significant influence in the crypto space, controlling over 50% of the global Bitcoin hash rate. In a significant ruling, a court in Shanghai has established that private ownership of digital currencies is lawful in China. This decision provides crucial legal protection for cryptocurrency holders in mainland China and suggests a shift in the nation’s perspective on digital assets. Notably, this announcement came shortly before Bitcoin (BTC) prices surged, nearing the $100,000 mark, which has led to increased speculation…

Disclosure: The perspectives and opinions expressed in this article are solely those of the authors and do not reflect the views of the editorial team at crypto.news. The promise of decentralized finance (DeFi) was to usher in a financial transformation, where users could craft personalized strategies by stacking protocols like building blocks. Unfortunately, the results have not met expectations. Currently, only 10% of cryptocurrency holders actively engage with DeFi each month, translating to less than 1% of the global population interacting with these financial systems regularly. As the number of layer 2 chains on networks like Ethereum rises, the resulting…

Kava has unveiled HARD.fun, an innovative platform designed to facilitate the creation of meme coins, leveraging Kava’s AI chatbot for user convenience. The platform operates on a community-driven model, where users can participate in governance and influence tokenomics through voting. Additionally, HARD.fun supports cross-chain functionality, covering Kava, Ethereum, Cosmos, and more. HARD.fun is officially launched! 🎉 Join us at the first meme coin launchpad where community contributions redefine the game! 🤝 ✨ Create & trade meme coins🗳️ Participate in governance using $HARD💎 Earn rewards through diamond collection Let’s dive in 👉 here — HARD.fun (@hard_protocol) November 20, 2024 The establishment…

A court in Shanghai has recently clarified that holding cryptocurrencies privately is not against Chinese law, offering guidance to local crypto investors during a period of unprecedented Bitcoin price increases. Judge Sun Jie from the Songjiang People’s Court noted in an article shared via WeChat this week that while companies in China cannot “freely” engage in cryptocurrency investments or launch new tokens, it is legal for individuals to possess cryptocurrencies. His statements were part of a legal review stemming from a dispute between two firms about a new coin offering, which raised issues of illegal financing in China. The Chinese…

Disclosure: The opinions expressed in this article are those of the authors and do not represent the views of crypto.news editorial. Memes have a long history, but they’ve evolved significantly with the rise of cryptocurrencies and the increasing influence of AI. This transformation is particularly pronounced in Solana (SOL), a Layer 1 blockchain that stands out for its ability to support a vibrant meme coin ecosystem. If you haven’t heard, there’s a fundamental rule in the crypto space: avoid getting caught in the middle. Solana has successfully navigated this, thriving at both extremes with cutting-edge innovations and wildly creative memes.…

Open this photo in gallery:Without effective higher government regulations, the rise of Bitcoin could lead to serious concerns regarding financial stability and consumer safety. A man observes Bitcoin transactions during a recruitment event in Nuevo Cuscatlan, El Salvador, on November 16.Jose Cabezas/ReutersIn the week following Donald Trump’s announcement as the winner of the US presidential election, Bitcoin’s value surged by 35%, reaching approximately $130,000. The crypto community is abuzz with excitement, buoyed by Trump’s re-election and the increasing presence of pro-crypto lawmakers in both the Senate and House of Representatives.Many are envisioning a time when Bitcoin transitions into a commonly…

Disclosure: The perspectives and opinions presented in this article are exclusively those of the authors and do not reflect the views or opinions of crypto.news editorial. The rapid embrace of blockchain technology and cryptocurrencies is astonishing, with more than 560 million people engaging in the crypto market this year. This unprecedented growth signifies the dawn of a new financial landscape. However, it also underscores the critical need for improved transparency and accessible education in this evolving sector. Trust in any financial system relies heavily on transparency. Traditional financial markets benefit from regulatory structures that guarantee investors receive accurate and timely…

Disclosure: The opinions expressed in this article are those of the authors and do not reflect the views of crypto.news editorials. The topic of election integrity has sparked heated debates as we approach the 2024 presidential election. Despite the controversies, now is an ideal moment to assess the voting systems utilized throughout the nation to reduce any uncertainty regarding election integrity, regardless of political affiliation. Recent Gallup data reveals a concerning trend: the number of Americans expressing “no confidence” in the accuracy of their votes has jumped from 6% in 2004 to 19% today. This rise is largely driven by…