#coin

El Salvador’s Bitcoin Office has revealed the country’s latest Bitcoin acquisition, adding 11 more coins to its reserves. The purchase, valued at approximately $1,071,422, was made at an average price of $97,402 per coin.

On December 16, the UK Financial Conduct Authority (FCA) revealed plans to prohibit initial coin offerings (ICOs) as part of stricter crypto regulations.

Sotheby’s Vice President Michael Bouhanna’s second meme coin project, VOID, helped one trader rake in an incredible 120x profit, earning over $1 million in just half an hour post-launch.

MicroStrategy, the top corporate Bitcoin investor, continues to bolster its crypto reserves. Its latest acquisition of 15,400 BTC amounted to $1.5 billion, purchased at an average price of $95,976 per coin.

Blockchain detective ZachXBT has linked a former Fortnite pro to a meme coin fraud scheme that reportedly stole $3.5 million.

pump.fun user @Fi2hrx, revealed to be a high schooler, created Gen Z Quant (ticker QUANT) on November 20. Promoting his coin via livestream, he managed to sell 51 million tokens for $29,600.

World Liberty Financial, the project championed by Donald Trump’s sons and fueled by a recent $14 million private investment, is moving closer to releasing its USD-pegged stablecoin. According to Decrypt, the team is now focused on solidifying the technical backbone for the new coin.

Speaking at a town hall in Pennsylvania, Elon Musk once more brought up the Department of Government Efficiency (DOGE), causing the meme coin to pump by over 10%.

According to crypto investigator ZachXBT, Sahil Arora, a promoter of numerous celebrity coins, earned approximately $3 million throughout 2024.

DAO Own the Doge has officially claimed the name Neiro—the newest addition to Atsuko Sato’s family, famous as the former owner of Kabosu, the face of the DOGE meme coin. A vote is on the horizon to determine which token will reign as the “one true NEIRO.”

The popular NFT collection Pudgy Penguins has introduced its official coin. The cryptocurrency, named PENGU, is set to launch in December 2024.

On November 4, 2024, HAWK, a meme coin launched by blogger Haliey Welch (known as Hawk Tuah), debuted on the Solana network. Soon after, its price plunged by 90%, sparking controversy over its manipulative nature.

On November 29, Hyperliquid unveiled its native token, HYPE, during a token generation event. The coin has since reached a market cap of $1.6 billion, securing 80th place in the global rankings and outpacing tokens like Jupiter, Lido DAO, and Flow.

Member of the Texas House of Representatives, Cody Harris, believes that the development of a gold-backed digital currency will encourage crypto adoption.

On November 6, Dogecoin (DOGE), one of the first and most iconic meme coins, shot up by more than 20% as Donald Trump surged to the front in the U.S. presidential race. DOGE is now poised to challenge XRP for the #7 spot in the crypto market rankings.

On October 21, 2024, the Avalanche L1 blockchain team announced the launch of their crypto card in collaboration with Visa. This card allows users to pay for virtually any goods and services using cryptocurrencies like WAVAX (Wrapped AVAX), USDC (USD Coin), sAVAX (Staked AVAX), and several others.

Ethena Labs announced the launch of a new stablecoin, UStb, backed by BlackRock's tokenized Treasury fund, BUILD. This coin will operate independently from the existing USDe, which utilizes hedging strategies, including trades involving cryptocurrencies like BTC, ETH, and SOL, to offer users a yield.

August 14th marks the second anniversary of WhiteBIT Coin. It’s been two years since the IEO of the token (now a coin) from Europe’s leading exchange, WhiteBIT, and much has changed since then.