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A trio of privacy-focused altcoins are seeing dips in price after a prominent crypto exchange platform said it is going to delist them. In a new company blog post, the Seychelles-based crypto exchange OKX says that it’s going to delist Monero (XMR), Zcash (ZEC), and Dash (DASH) as they no longer fit the firm’s listing criteria, though no exact was reason was given. “In order to maintain a robust spot trading environment, we constantly monitor the performance of all listed trading pairs and review their listing qualifications on a regular basis. Based on feedback from users and the OKX Token Delisting / Hiding Guideline, we will be delisting several trading pairs that do not fulfill our listing criteria… We will continue to monitor all listed trading pairs and implement the delisting/hiding mechanism as necessary.” According to OKX, users should cancel orders involving the virtual currencies immediately. The altcoins’ pairings with stablecoins such as Tether (US...

The holiday season is coming to a close, as 2024 is fast approaching. Yet, amid the hustle and freneticism of the season, last-minute shopping needs are almost assured. Therefore, this guide will take a look at Publix, and answer if the store is open on New Year’s Day. Publix has become a very popular grocery store over the last several years. In 2023, the chain had operated more than 1,300 locations across the United States. Subsequently, it is a very popular option for shoppers who need specific grocery-related items rather quickly. Few stores are better served in a pinch than Publix, as they typically hold a wide variety of items depending on your needs this holiday season. But, let’s explore the reliability of the store, as we uncover whether or not Publix is open on New Year’s Day. Also Read: BlackRock Authorizes JPMorgan as a Participant For Bitcoin ETF Is Publix Open on New Year’s Day? For as festive and familial as the holidays can be, they a...

Argentina’s President Milei proposes tax incentives in a draft bill for crypto regularization. Asset regularization scheme offers favourable rates, encouraging prompt declaration by citizens. The controversial omnibus bill sparks debates and protests amidst economic and political reforms. Argentina’s pro-Bitcoin president Javier Milei is making waves with a groundbreaking draft bill aimed at regularizing cryptocurrency holdings as part of his ambitious economic and political reform agenda. The legislation, titled the ‘Law of Bases and Starting Points for the Freedom of Argentines,’ proposes a unique approach to regulate both domestic and foreign cryptocurrency holdings. Tax incentives for crypto declaration President Milei’s draft bill introduces an ‘asset regularization scheme,’ offering tax incentives to individuals declaring crypto assets, irrespective of their origin or location. The proposed tax rates under thi...

Tether advisor Gabor Gurbacs predicts stablecoin will become the next multi-trillion-dollar market. Gurbacs highlighted crucial offerings of stablecoins, such as low fees, easy access, and real-world use in commerce. The stablecoin market is over $130 billion, with the leading participants being USDT, USDC, DAI, and TrueUSD. Gabor Gurbacs, an advisor to prominent stablecoin issuer Tether, has argued the potential of stablecoins to become a transformative force in the financial markets, comparing their future to the explosive growth of investment vehicles like exchange-traded funds (ETFs). In a statement on X, Gurbacs contended that stablecoins possess the key attributes necessary to create the next multi-trillion-dollar market. He first highlighted the historical evolution of investment wrappers, progressing from stocks to hedge funds, mutual funds, and ETFs.  According to him, each contributed to the creation of multi-trillion-dollar markets. Gurbacs...

Cardano (ADA) is about to confirm a possible break- out from a technical Analysis pattern. According to a renowned analyst, ADA could reach $0.78 per token in the short term if the price chart plays as expected. Essentially, Ali Martinez ( @ali_charts ) spotted a symmetrical triangle on Cardano’s 4-hour chart. This triangle is formed when an asset trends sideways, making lower highs and higher lows as volatility slows down. In particular, Martinez posted his analysis on December 27 at 13:40h (UTC), setting a target price of $0.78. However, this target is only possible if ADA breaks out from the symmetrical triangle. On the 4-hour chart, #Cardano is shaping up a symmetrical triangle! The crucial point to watch is a sustained candlestick close above $0.63. Such a move will trigger a break out that could set the stage for $ADA to rally toward $0.78. pic.twitter.com/AKSo95k7x9 — Ali (@ali_charts) December 27, 2023 These conditions usually depend on a candle closure and succes...

Elon Musk has again shared his opinion on what is commonly known as NFTs. The tradeable media linked to a blockchain’s non-fungible token became popular in 2021’s bull market. At that time, ‘jpegs’ were traded for millions of dollars worth of cryptocurrencies. On December 27, the multi-billionaire and entrepreneur answered a comment on his platform, X (formerly Twitter). First, DogeDesigner asked if “anyone still remembers NFTs,” which Adrian Dittmann made fun of: “Web links to data You don’t own.” Yeah, at least encode the jpeg on the blockchain! — Elon Musk (@elonmusk) December 27, 2023 In this context, Musk repeated part of what he had previously said on The Joe Rogan Experience podcast on October 31: “You should at least encode the JPEG in the blockchain. If the company housing the image goes out of business, you don’t have the image anymore.” — Elon Musk at The Joe Rogan Experience podcast on October 31 Elon Musk’s criticism of NFTs and the existing solutio...

The Shiba Inu meme coin, popularly known as SHIB, has once again captured the attention of the crypto currency community. Recent reports from the well-known crypto currency tracker, Whale Alert, disclose a substantial exchange of 8.4 trillion SHIB, amounting to nearly $100 million in fiat currency. This significant event aligns with a noteworthy milestone for the SHIB ecosystem – the Shibarium network achieving a significant utility milestone within a single day. Whale Movements Impact the SHIB Market The blockchain tracking service, Whale Alert, detected two substantial SHIB transactions involving anonymous wallets. In each transaction, an astounding 4,239,147,213,294 SHIB were transferred. Data from the IntoTheBlock analytics aggregator initially indicated a 266% surge in whale activity in the last 24 hours. Further investigation revealed that this surge resulted from the same amount of SHIB being transferred twice. Initially moving to an anonymous wallet (-8b51b), the funds...

Spot Bitcoin ETFs may significantly influence the current $50.3 billion crypto ETP market. 2023 sees a $1.6 billion influx in crypto ETFs, reflecting growing institutional interest in the cryptocurrency sector. Prospective U.S. approval of spot Bitcoin ETFs could reshape the crypto investment landscape, with substantial asset management growth anticipated. BitMEX Research’s recent data reveals a burgeoning crypto exchange-traded product (ETP) market, currently featuring around 150 products with up to $50.3 billion in assets under management. This market, primarily comprising spot and futures funds, predominantly tracks the performance of leading cryptocurrencies like Bitcoin and Ethereum.  With the U.S. Securities and Exchange Commission (SEC) potentially greenlighting spot Bitcoin ETFs as early as January 10, the crypto investment sector is on the cusp of a significant shift. Bitwise predicts these ETFs could command an astounding $72 billion in assets ...

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Few events have stirred as much attention as the Sam Bankman-Fried trial. As allegations of fraud and money laundering surface within FTX’s affiliated Alameda Research, the crypto community is reminded of the need for robust crisis management. Crypto projects operate in a perfect storm of volatility, regulation, hacks, and technical complexity. Any misstep can snowball into an existential crisis in an instant.  You might also like: Crypto market on Christmas: historical trends and what to expect  Major crypto crisis categories Crises in crypto aren’t limited to legal battles. The threats are multifaceted, from unauthorized data access and technical code vulnerabilities to malicious hacks. Add to that the ever-changing regulatory environment, and projects find themselves navigating a maze of potential pit...

Ethereum (ETH) reached almost $2,400 (according to CoinGecko’s data) a few days ago, mainly having recovered from the losses sustained during the catastrophic 2022. Still, the valuation is lower than the all-time high of more than $4,800 set in November 2021. Some analysts predict that ETH may hit another all-time high in the upcoming months as the present boom continues into 2024. Not only is Ethereum experiencing a surge in interest, but promising projects like Kaspa (KAS) and InQubeta (QUBE), both preparing for significant rallies, are also receiving attention. InQubeta and Kaspa rank among the best DeFi projects, given their potential for exponential growth in 2024. Early investors in InQubeta have earned more than 175% returns, and Kaspa prices have increased by 28% over the past 30 days. Let’s explore the elements that could propel Ethereum’s possible comeback, as well as the distinctive offerings that Kaspa and InQubeta provide in the cry...

Hong Kong’s SFC and HKMA are ready for spot crypto ETF applications. SFC revises rules, allowing funds direct exposure to spot virtual assets, emphasizing secure transactions. Contrary to China’s stance, Hong Kong attracts 11% of global crypto VC funding. Hong Kong’s financial regulators , the SFC and the Hong Kong Monetary Authority (HKMA), have jointly announced their preparedness to accept applications for spot crypto ETFs. This move positions Hong Kong as a forward-thinking financial hub embracing the evolving digital asset landscape. SFC welcomes spot Crypto ETF applications The move by Hong Kong’s financial regulators follows the SFC’s previous approval for licensed crypto providers to offer crypto currency futures ETFs, marking a significant expansion in the region’s crypto investment offerings. In response to the increasing interest in spot crypto ETFs, the SFC has updated its regulatory framework. Departing...

As the cryptocurrency industry proliferates worldwide, its assets are becoming increasingly accepted into mainstream use, and recently, Argentina’s foreign minister has confirmed that the country’s new government has legalized the use of Bitcoin (BTC) for contractual agreements. Indeed, Diana Mondino, the minister of foreign affairs, international trade, and worship of Argentina, was referring to a decree legitimizing the use of specific assets in contracts and for payments, stating it would also apply to Bitcoin, as she explained in an X post published on December 21. Ratificamos y confirmamos que en Argentina se podrán pactar contratos en Bitcoin. — Diana Mondino (@DianaMondino) December 21, 2023 As she said in her next post, this decree also refers to the use of “any other crypto and/or commodity, such as kilograms of beef or liters of milk,” adding an article from the decree aimed at economic reform and deregulation that further explains the matter: “Article 766. ...

The total public capacity of Bitcoin’s Lightning Network dipped below 5,000 BTC this week and is currently hovering around 5,060. The dip is a 7% decline from one month ago and a 10% decline from the network’s high in March. Lightning is Bitcoin ’s most popular Layer 2, or off-blockchain scaling solution. To enter the Lightning Network, users deposit BTC into contracts that subsequently allow routing of BTC throughout the network without incurring on-chain fees. Lightning transactions are far faster and cheaper than regular Bitcoin transactions, yet they don’t enjoy the full decentralization and security of Bitcoin ’s blockchain. Capacity refers to the maximum amount of money that a user of the publicly accessible Lightning Network could route at any particular time. After years of growth including a sextupling of BTC capacity over the past three years, the Lightning Network has stagnated for the past nine months . In addition to lower money at stake, the number of public...

Cardano ( ADA ), a prominent player in the altcoin arena, is currently the talk of the town, with recent analyses predicting a potential 70% surge in its value.  Crypto analyst Ali’s recent post on X has highlighted a striking similarity between ADA ’s current pattern and its historical trends from 2018 to 2020. This Analysis points towards a bright future for ADA , suggesting that the crypto might break its $0.45 resistance level and make a run for the $0.75 mark by late December. If ADA successfully overcomes this resistance, it could indicate a significant bullish trend, appealing to investors looking for top crypto to buy . Technical Analysis: A Deeper Dive Delving deeper, ADA’s consolidation phase within a channel mirrors its movements from a few years ago, minus the downturn caused by the COVID-19 pandemic. This emerging pattern in ADA’s price movement is creating a buzz among investors and analysts alike.  The potentia...

A request to delay the sentencing of Sam Bankman-Fried was rejected by Judge Lewis Kaplan ahead of a presentence interview slated for Dec. 21.  Sam Bankman-Fried’s lawyers requested to extend the sentencing procedure by four to six weeks, citing a possible second trial for the FTX founder on bank fraud and conspiracy to violate the Foreign Corrupt Practices Act charges. The letter was submitted on Dec. 20, a day before Bankman-Fried’s scheduled presentence interview with the U.S. Probation and Pretrial Services System. This is the body tasked with recommending a prison sentence for the convicted former crypto billionaire. Notably, Bankman-Fried’s sentencing hearing is set for March 28. The defense requires additional time to collect materials necessary for the sentencing submission and to prepare for the presentence interview. In addition, a trial on the severed counts of the indictment is still set for March 11, 2024. The Government has not yet decided whether it intends to ...

The skyrocketing Coq Inu price has made one lucky investor a millionaire after his $454 punt on the new COQ token earned $2 million, Lookonchain said. The token, which is up 32% today and almost 1,000% in a week, was launched on Dec. 8 and already has a market cap of $259 million. The lucky trader, who remains anonymous, started buying COQ shortly after its launch, and added more tokens over subsequent days via multiple addresses to eventually amass a total of 883.67 billion COQ. A trader turned $454 into $2.19M in 2 weeks by trading $COQ, a gain of 4827x! This trader spent 17.26 $AVAX($454) to buy 4.86T $COQ through 7 addresses, then sold 4.61T $COQ for 32,251 $AVAX($1.26M) and 259K $USDC. Currently holding 250B $COQ($700K), the profit is ~$2.19M. pic.twitter.com/arsaX6Uey8 — Lookonchain (@lookonchain) December 19, 2023 The investor has sold about $1.5 million of the tokens and still holds some $700,000, Lookonchain data shows. The ”About” information provi...

The geopolitical landscape has undergone a massive transition for much of the last year. Simultaneously, digital assets have seemingly progressed into massive importance amid greater financial evolution. Therefore, we observe the BRICS economic alliance and how Bitcoin could help it eventually ditch the US dollar. The bloc has not been shy about its goal of eventually usurping Western dominance through the greenback. Subsequently, the alliance has spoken clearly about establishing a new world order. With Brazil championing a digital revolution to eliminate economic inequality, Bitcoin could have a massive place. Also Read: 5 New Arab Countries Look To Join BRICS Alliance BRICS and Bitcoin Trouble for the US Dollar? Over the last few days, the BRICS alliance has spoken of the current world order. Specifically, it has called for widespread global change. Russia’s President Vladimir Putin noted the alliance’s desire to end Western dominance internationally. Coinci...

Santiment revealed significant developments in trending tokens over the past week.  BONK’s Coinbase listing sparked a trading frenzy, propelling it to the forefront of crypto trends. INJ, SOL, and ICP experienced a surge in popularity and value. The crypto market witnessed significant developments and fluctuations in the past week as market catalysts shaped the landscape. Per Santiment, a market intelligence platform, among the notable events, Bonk Token (BONK) took center stage after Coinbase announced its listing. At the same time, Injective Protocol (INJ), Solana (SOL), and Internet Computer (ICP) showcased impressive performances.  This week in trending tokens, we saw #Coinbase's listing of $BONK cause major waves for the new #memecoin. Additionally, $INJ, $SOL, and $ICP have continued their impressive decouplings from the #altcoin pack. Read our full breakdown! https://t.co/5y4ey54ous pic.twitter.com/0W9s7VN68I — Santiment (@santim...