Crypto Staking: Top Coins Offering the Highest Rewards

If you're considering crypto staking, you're probably looking for smart ways to earn passive income from your crypto. I've personally found staking to be one of the most rewarding investment strategies in crypto today. But here’s a tip: it's even better when you get in early on promising projects. Dawgz AI , for example, is attracting new investors daily in its ongoing presale, making it an exciting opportunity worth considering right now. Ready to boost your portfolio? Let’s explore the top coins offering the highest staking rewards so you don’t miss out on potential profits. Staking Coins With Growth Potential Now, we’d like to assist you in providing information about this niche. The sections below include an in-depth review of some of the best crypto for staking.. 1. Dawgz AI Dawgz AI is quickly becoming one of the most talked-about crypto projects, and for excellent reasons. Already surpassing $2.26 million raised during its presale, it’s rapidly approaching the next major milestone of $2.5 million. At the current presale price of only $0.00313, investors have a prime opportunity to maximize returns before the price increases to $0.00345 shortly. Dawgz AI blends meme-inspired creativity with advanced AI-driven trading strategies, distinguishing itself clearly from typical cryptocurrencies. Experts forecast a robust launch price of $0.007, hinting at significant profit potential. Don't delay - secure your Dawgz AI tokens now before the presale closes! Key Features: Current Price: $0.00313 (increasing soon to $0.00345) Funds Raised: $2,263,787 (targeting $2.5 million next) Total Token Supply: 2 billion tokens Strategic Allocation: Staking rewards Community incentives Marketing and growth initiatives Unique Feature: Integration of meme culture with AI-powered trading Estimated Launch Price: $0.007 2. PEPE Pepe is quickly emerging as a leading meme coin, fueled by an enthusiastic and rapidly growing community. With a generous total supply of 420.69 trillion tokens, Pepe emphasizes sustainable growth and robust community engagement through thoughtful tokenomics. An exceptional 93.1% of the supply was dedicated to liquidity, with LP tokens deliberately burned to maintain genuine decentralization. The remaining 6.9% strategically supports future listings on centralized exchanges, bridges, and additional liquidity pools. At its current attractive price of just $0.000000001005, Pepe represents a compelling investment prospect. Key Features: Current Price: $0.000000001005 Total Supply: 420.69 trillion tokens Token Allocation: 93.1% dedicated to liquidity pools (burned LP tokens) 6.9% reserved for future centralized exchange listings and bridges Unique Feature: Effective deflationary token burn mechanism Community Growth: Rapid expansion and increasing investor enthusiasm ​3. BONK Bonk (BONK) has swiftly emerged as a standout meme coin, captivating the crypto community with its unique approach. Launched as the first Solana dog coin "for the people, by the people," BONK distinguished itself by airdropping 50% of its total supply to the Solana community, fostering widespread engagement and decentralization. With a total supply of approximately 88.86 trillion tokens, BONK's tokenomics are designed to promote community involvement and long-term growth. Currently, BONK is trading at $0.00001264, with a 24-hour trading volume of $140 million, reflecting robust market activity. ​ What sets BONK apart is its commitment to a fair distribution model, aiming to eliminate toxic tokenomics and ensure that everyone has an equal opportunity to participate. This approach has resonated with investors, leading to rapid community expansion and increased investor interest.​ Key Features: Current Price: $0.00001264​ Total Supply: 88.86 trillion tokens Token Allocation: 50% airdropped to the Solana community​ Remaining tokens allocated for liquidity, development, and community initiatives​ Unique Feature: Fair distribution model promoting decentralization​ Growing Investor Interest: Rapid community expansion and active trading volume What Are Crypto Staking Coins? Crypto staking coins are digital currencies that utilize the Proof-of-Stake (PoS) method. Staking means locking up some of your coins to support blockchain operations and earn rewards. Unlike traditional mining, staking is energy-efficient and easy for anyone to participate in. When you stake your tokens, you're actively helping to validate and secure blockchain transactions. In exchange for this contribution, you earn passive rewards, typically in the form of additional tokens. For instance, many staking coins offer returns ranging from 4% to 12% annually. Staking provides an opportunity for passive income, potentially boosting your holdings' overall value. Think of it like earning interest on a high-yield savings account, but often with greater potential returns . It's important to use reliable staking platforms and understand any lock-up periods or associated risks. How Does Staking Crypto Work? Staking crypto involves depositing your tokens into a specific network to help maintain its operations. Here's a simplified breakdown: Select a staking platform: Choose a trusted wallet or crypto exchange supporting your preferred staking coin. Deposit tokens: Lock up a specific amount of your tokens into the network’s staking pool. Support transaction validation: Your tokens assist in confirming blockchain transactions, helping ensure accuracy and security across the network. Enhance network security: Your participation aids in preventing fraudulent activities, maintaining overall blockchain integrity. Receive rewards: Earn staking rewards regularly, typically paid in additional coins. For example, staking 100 tokens at a 5% annual reward rate would earn you an additional 5 tokens over the year. This makes staking an attractive method for generating passive income. Always remain mindful of lock-up durations and market volatility, as token values can fluctuate during staking periods. What Are the Risks of Staking Crypto? Crypto staking can be a profitable way to earn passive income, but it's important to recognize it comes with risks. Key factors include market volatility, mandatory lock-up periods, and potential technical issues that might threaten your assets or returns. Being aware of these factors helps you make better-informed staking decisions. Platform Risks Varying safety, liquidity, and stability across platforms. Risks include smart contract vulnerabilities, insufficient security, and governance issues. Lock-up periods limit quick response to market changes. Research platform reputation, user feedback, and security measures. Protocol Risks Different blockchains carry varying security and stability levels. Newer blockchains may lack proven security histories. Risks include software bugs, updates, and governance disputes. Prioritize protocols with solid track records and community support. Slashing Risks Penalties occur if validators violate network rules (e.g., downtime, validating incorrect transactions). Can result in partial or total loss of staked assets. Choose validators carefully based on historical performance and reliability. Liquidity Risks Staked assets are often locked for defined periods, limiting accessibility. Locked funds restrict ability to react quickly in volatile markets. Be aware of "unbonding" periods that can delay asset access for days or weeks. Align staking choices with financial flexibility and market strategy. Conclusion: What Is the Best Crypto to Stake in 2025? Crypto staking remains one of my favorite ways to earn passive income. Other cryptocurrencies that already have strong communities, stable ecosystems, and attractive staking returns, are safe choices. But if you're looking for something fresh and exciting, Dawgz AI stands out as a promising newcomer currently gaining traction in its presale. Always remember staking isn't risk-free - market swings, validator penalties, and platform reliability matter. A pro tip: diversifying your staking portfolio by adding innovative projects like Dawgz AI can boost returns and balance risks effectively. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Cardano Fights For Key Support: Can DTX Help With Lifechanging 10,000% Gains?

Currently, Cardano price is sitting at $0.88 which is near the $0.80 support level. It is unclear if ADA will break this level or not. It is true that Cardano’s DeFi updates and Grayscale’s interest do give a bit of hope but at this point, no one knows if it will remain stable or fall back to its November 2024 lows. A new ERC-20 token called DTX Exchange has entered the market and is drawing attention due to the claims that it will increase by 10,000%. DTX is selling for $0.18 in its last bonus pre-sale but has already managed to raise $15.6 million, with over 66% of the bonus round sold out. The token doubles to $0.36 once launched enabling early buyers to profit off of it instantly. For those who do not wish to invest in ADA, DTX is a great option that has potential to give quicker and higher profits. DTX Exchange: A $0.18 Coin Aiming for 10,000% Upside As ADA struggles to maintain vital support, DTX Exchange seems to be following a divergent route. Currently, DTX is priced at $0.18 but has already raised $15.6 million in presale funding, having sold 66% of its bonus round. While Cardano tries to optimize DeFi solutions on its own, DTX merges multiple markets including crypto, stocks, forex, and ETFs on the VulcanX blockchain, boasting of 200,000 transactions per second. The combination of this cross-asset approach and zero commissions is what sets DTX Exchange apart from many single-chain tokens. Furthermore, DTX Real World Asset (RWA) tokenization put DTX at the forefront to capture institutional investors wanting fractional ownership of traditionally off-limit assets. Cardano Price Struggles to Stay Above $0.60 Cardano Price currently shows some signs of weakness after a +13.1% move to $0.88 in the last 24 hours, but as the price of ADA goes down, the trading volume has increased 29.72% to $7.5 billion. This higher volume raises questions on whether ADA will able to maintain this bullish trajectory. Source: CryptoMarketCap Even considering the advances visible, Cardano Price still remains at risk if the wider market turns negative. If ADA falls beneath the important $0.80 level of support, then its subsequent increase could be postponed for some time. Comparing the Potential Gains Cardano’s Direction Proposals from Grayscale could result in a potential ADA ETF, which could automatically result in price appreciation. Governance improvements, including the Plomin upgrade and bridging solutions, could lead to adoption. Nonetheless, plunging below the $0.80 mark would be disappointing for many and would require holders of ADA to be more patient before witnessing robust profits. Chances with DTX Exchange Launch At launch, DTX is automatically set to increase from $0.18 to $0.36, thus making it 2x. By using “LIST2X,” anyone can double their token balance, allowing the users to increase their 2x to 4x. A longer-term estimation implies that it will be possible for DTX to gain 10,000%, which is a whopping 100x from $0.18, should it manage to capture even a fraction of the major crypto market caps such as Cardano. Concerns regarding new projects have been solidified with the security audits by SolidProof. Without a doubt, DTX's credibility has been reinforced. Now you can trade with more than a thousand ETFs and 1000x Leverage while investing a mere one hundred dollars. Cardano Price vs. DTX Exchange If Cardano Price can defend the $0.80 support level, then it is likely to recover especially if ADA ETF rumors actually come to fruition. However, for those looking for quick profits, DTX Exchange still remains at $0.18 and offers a guaranteed 2x return upon listing at $0.36. Beyond that first boost, DTX has many profitable features like 475 million token supply, copy trading, automated investing for beginners, and easy to use platforms for advanced traders. The Phoenix Wallet that has over 275,000 downloads makes it easy to use crypto, stocks, and forex together all in one app. While ADA tries to survive the volatility, DTX has the potential to hit life changing profits if it reaches the target that many believe is possible, some even say 10,000%. With the presale’s last stage almost sold out, this is probably the last opportunity for people to secure their backing for DTX before it takes off. Conclusion Due to Grayscale’s Smart Contract Fund giving ADA an 18.23% allocation, in addition to other upgrades, there has been a growing institutional interest that is bolstering the resilience of Cardano Price. However, there is still uncertainty if Cardano Price drops under $0.60, which would reset the timer on when ADA can achieve its next major rally. In contrast, DTX Exchange has the potential to turn a $0.18 ERC-20 token into something worth 10,000% in the years to come after launching and achieving the goal of multiplying four times over. To get more information about DTX Exchange, visit the links below Visit DTX Presale DTX Website Join The DTX Community Source: https://coinmarketcap.com/currencies/cardano/#News https://coinmarketcap.com/currencies/cardano/#Chart Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Analyst Tom Lee Doubles Down on Bitcoin (BTC) Hitting $150,000 This Year

The analyst sees sunny days ahead.

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Post-Election Gains Gone: Solana Tanks as DOJ Insiders Are Betting on This ERC-20 Coin

US President Donald Trump has turned the crypto market bullish after announcing that Solana along with other altcoins will be included in a newly formed US Crypto Strategic Reserve. However, SOL has dropped 51% from the last all-time high and has lost nearly all of the gains from the election rally. Experts cite the broader market sell-off and the recent revelation of the Libra rug pull scam as the key factors behind this drop. The bottom line is that the Solana price has tanked in the past few months, and investors who have suffered massive losses are looking for fresh alternatives. While long-term holders remain cautious about this downward trend, DOJ investors are diversifying into potential options like DTX Exchange. DTX is the first hybrid platform and is currently poised for its platform launch, concluding a final bonus presale stage. Since the early funding stages, the project has demonstrated steady growth and has the potential to offer a 2x return at its listing price of $0.36. DTX Token Hits $0.18: Last Opportunity to Participate? There are very few projects that can disrupt a whole sector; among them is the novel hybrid trading platform, DTX Exchange (DTX) . This project has attracted massive investor demand due to its innovative platform and incredible features. To date, the DTX token presale has raised $15.45 million and has introduced a bonus presale round with tokens available at $0.18. With over 57% of the tokens sold in the last round, experts believe that this could be the last chance for retail investors. DTX Exchange is the first platform that combines the best of CEX and DEX, allowing users to trade over 120,000 financial instruments, including fiat, stocks, crypto, and gold. The recently launched non-custodial Phoenix Wallet acts as an all-in-one tool to manage a wide range of assets and protect them from any hiccups. With this wallet, users have full control over their funds and can access them anytime, anywhere they want without needing any KYC checks. Furthermore, an easy opportunity for 2x profit on investment from the current presale price to its listing on exchanges makes the DTX Exchange particularly interesting to investors seeking safety and long-term high growth. Can Solana Price Form a Reversal? The Solana price has lost over 31% in market cap in the last 30 days as investors continue liquidating their SOL positions. Investor confidence in the coin has dropped significantly, as there is much less positive news about its ecosystem development. Last week, the Solana price saw its biggest drop after January, falling from $169.65 to $125.36. Courtesy: TradingView Recently, the Solana price has reached the psychological support level of $125. The SOL market volume is at $5.83 billion, with 24-hour data showing an increase of 7%. Some analysts feel that this could be the best opportunity for revival as this support has always been a strong bounce zone. Some believe that the recent news around CME group’s plans to launch Solana (SOL) futures on March 17 could have a positive impact on Solana price. The new contracts, pending regulatory approval, will let traders manage Solana price risk with two contract sizes: 25 SOL and 500 SOL, according to a press release on Friday. However, Solana’s total value locked (TVL) has dropped nearly 50%, falling from its peak of $12.191 billion to $6.939 billion. Data from DeFiLlama shows that SOL is gradually losing relevance in the current crypto market cycle. Key Takeaways While Solana price continues to show bearish momentum despite market recovery, expert investors are diversifying into futuristic projects like DTX Exchange , which have strong fundamentals and community backing. With its presale creating substantial momentum, over 750,650 investors have already joined the platform. With confirmed listing gains of over 200%, investors entering now can use the code ‘LIST2X’ to get a 100% bonus on any token deposits for even higher gains. Find out more information about DTX Exchange (DTX) by visiting the links below: Buy Presale Visit DTX Website Join The DTX Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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AAVE Price Rebounds After DAO Rolls Out New Buyback Program—Will This Trigger a 50% Recovery This Month?

The post AAVE Price Rebounds After DAO Rolls Out New Buyback Program—Will This Trigger a 50% Recovery This Month? appeared first on Coinpedia Fintech News In the times when volatility strikes the crypto markets, the market participants become uncertain over the next price action. In such situations, the positive rounds usually attract a significant volume onto the platform, which is seen with AAVE. The trading volume over the platform surged notably by over 65%, reaching close to $595 million. With this, the AAVE price reclaims $200, which is believed to elevate the token above the bearish influence. AAVE DAO Proposes a Buyback Plan In a recent update, AAVE DAO introduced a major governance proposal that aims to strengthen the revenue model. The excess revenue is expected to be redistributed, and upgrades for the liquidity management have also been proposed. The approval for these proposals and implementation could be through a formal process. It’s here: the Aavenomics implementation—proposed by @AaveChan This proposal reshapes revenue distribution, updates tokenomics, and outlines an economic framework for Aave's future. https://t.co/1dNSyrrUSH — Aave (@aave) March 4, 2025 According to the new proposal, AAVE DAO plans to buy back $1 million AAVE weekly by introducing a buyback and distributing excess revenue. This is expected to enhance the protocol’s financial performance and overall liquidity. Besides, the proposal also includes the termination of the LEND token migration, ensuring a strong financial structure with sustained growth. Will the AAVE Price Reach $300? The AAVE price had slipped below the crucial support zone as the bears held a tight grip over the rally in the last few days of February. Although the bulls tried hard to nullify the bearish influence, the crypto market crash dragged the levels close to $180. However, the recent announcement of a new buyback plan seems to have induced a significant buying volume onto the token. However, the price is still required to surpass major turbulence, which may validate a rise from the bearish influence. As seen in the above chart, the AAVE price is trading within an expanding channel, holding the ascending trend line as a strong support. However, the token has yet to rise above the broken support, while the MACD & CMF continue to remain uncertain, which raises some concerns over the next price action. The MACD is about to undergo a bullish crossover, but the levels remain within the negative range. Besides, the CMF has rebounded and risen above 0 but has not yet surged above 0.14 since the start of the year. Therefore, the AAVE price is required to surge and achieve the interim resistance at $227 initially and later at $280, which could fade the bearish clouds hovering over the token. With this, the price could reclaim $300 and head towards new yearly highs.

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March is a Big Month for Bitcoin, Ether, XRP, Solana, Cardano, Shiba Inu — Here’s What to Keep an Eye Out For

March appears promising for Bitcoin and the broader cryptocurrency market, as a handful of bullish events and historic market patterns are expected to occur in the coming weeks. Notably, stablecoins are a key focus point for this month, with two key events scheduled to clarify the use and broader significance of stablecoins in the United States. On March 6th, the CFTC and the White House will hold a CEO forum to discuss the significance of stablecoins as collateral in the futures market and the position of tokenized assets in the broader market. Following the introduction of the GENIUS Act stablecoin bill in February, the Senate Banking Committee is set to vote collectively from February 10th to 14th, 2025. Both events have the potential to influence market stability as bullish and bearish reactions from investors and traders depend on a favorable outcome. The first White House Crypto Summit with President Donald Trump is also scheduled for March 7th. Prominent crypto CEOs, founders, and investors are expected to attend. With Trump making notable pro-crypto remarks recently, market participants are optimistic for the weeks ahead. On March 21st, the US Securities and Exchanges Commission (SEC) will host a roundtable to spearhead crypto regulation and policymaking conversations. This comes not long after the regulator integrated crypto task force members to discuss solutions to existing crypto regulatory concerns. As noted by a market analyst , historical patterns for Bitcoin have reflected a 13.12% return for market players, making it one of the strongest months of the year after October and November. At report time, the market reflects a bullish takeover as global crypto market cap sits at $2.8 trillion, with a 5.82% decline in total market value over the past day.

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Ethereum Price Failing to Recover Above $2,500—While SUI & DTX Lead Market Recovery

The Ethereum price has always been a topic of discussion in financial markets, but in recent days, popular sentiment has leaned toward the negative. This comes from the shocking news of Bybit losing $1.4 billion in ETH to NK’s Lazarus Group. With Ethereum signals likely staying bearish for the foreseeable future, massive sell-offs are likely to continue. SUI and promising newcomer DTX Exchange are stepping up as key assets that could drive market recovery. The asset, currently in its bonus presale round, has already raised an impressive $15.3 million. Likewise, its listing price is set at $0.36, double the current price of $0.18, which could draw in investors looking for potential 2x profits on their acquisitions. Ethereum Price Continues to Struggle—What’s Behind the Decline? ETH has, without a doubt, been one of the most dominant names concerning all things crypto in finance. Regardless of its no.2 status on the DeFi hierarchy, the Ethereum price has remained under pressure, with weak bullish rallies failing to push it past $2,500. To put it simply, the network has had a rough couple of weeks. Source: Ethereum Price, Monthly Chart, CoinMarketCap The recent fall in Ethereum price levels has elicited a sense of shock among many, yet it is largely viewed as a typical occurrence within the volatile crypto market. And the spike that we see in the above chart was created because of the news from Trump about a US crypto reserve. There have been several points in the past in which famously bad dips in the Ethereum price were indeed followed by bullish rallies. However, it is important to note that it remains unclear whether this pattern will repeat itself in ETH’s situation. For example, the US Federal Reserve’s monetary policy and, say, a $1.4 billion hack could sway the market. Historically, when the Ethereum price struggles, investors usually look toward promising altcoins for potential gains, which is exactly what's happening with SUI and DTX Exchange. As macroeconomic conditions remain volatile, many investors are hesitant to pour liquidity back into ETH, opting instead for promising presales and alternative assets. SUI Leads the Charge in Market Recovery While the Ethereum price remains in limbo, the SUI token has taken center stage as one of the fastest-growing layer-1 blockchain solutions. Phantom Wallet’s Suinami beta support integration and renewed trader interest have helped boost price levels to $2.81 compared to its $2.54 position yesterday. Source: Current SUI Price, CoinMarketCap SUI has attracted a wave of new investors looking for alternatives to bearish Ethereum indications, thanks to its high-speed processing and low transaction costs. More and more developers are shifting towards its scalable infrastructure and efficient smart contract execution, helping the project position itself as a serious competitor to Ethereum. Unlike ETH, which still charges crazily high gas fees, SUI’s efficient architecture allows for faster and cheaper transactions. With recent Ethereum price struggles, SUI’s steady climb suggests that a shift in blockchain adoption may be underway. Could this be a sign that ETH is slowly getting knocked off its perch? DTX Exchange Presale Going Sky High: The Best ICO of 2025 DTX Exchange establishes itself as a distinguished Ethereum alternative through its capability to provide users with trading opportunities for 120,000+ financial assets. DTX Exchange provides trading capabilities beyond ETH due to its ability to offer an excess of 120,000 financial assets that include stocks together with forex and ETFs. An opportunity exists in the DTX bonus presale that sells tokens at $0.18 to allow investors double their initial investment when the token listing price reaches $0.36. Those who bought DTX for just $0.02 during the presale phases are set to achieve returns of 800% as the tokens rise to $0.36 when the listing takes place. DTX demonstrates better scalability together with faster transaction processing because it solves ETH's issue of network congestion. The testnet of DTX holds 200,000 TPS capacity and has been endorsed by SolidProof. DTX possesses ample capability to outperform SUI and other blockchains in terms of speedy transaction execution speed. DTX Exchange would provide institutional-quality features which would differentiate it from ETH. Large-scale traders implementing up to 1000x liquidity would find this platform suitable because of its ability to serve their needs for advanced leverage and deep market access. DTX Exchange stands as the primary choice for anyone who needs a replacement system to the Ethereum network ecosystem. In Summary The Ethereum price demonstrates a bearish trend but SUI together with DTX Exchange show alternative blockchain projects are increasing momentum. DataXion Exchange provides traders with hybrid multizone capabilities while SUI Blockchain System appeals to developers seeking an ETH substitute through its innovative capabilities and lower transaction fees and speed. With its presale momentum, $15.4 million raised, and 100% bonus opportunity, DTX Exchange could be the biggest success story of 2025. Use the code “LIST2X” during checkout to secure a 100% bonus on all your DTX token deposits before the presale closes! Learn more: Visit the DTX Website Buy Presale Join the Telegram Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Massive 20 Million SHIB Tokens Burned Amid Price Decline: What It Might Mean for the Future of Shiba Inu

Onchain analytics firm Shibburn reports a significant burn transaction, revealing community efforts to reduce the circulating supply of Shiba Inu (SHIB) coins. This substantial move illustrates the continuing commitment of

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Court Rules in Favor of Justin Sun in Defamation Case

In an important decision, the Beijing Internet Court has ruled in favor of Justin Sun, the founder of the Tron blockchain, in his defamation case against Beijing SINA Internet Information Service. This case has been a source of conflict for some time. According to reports, it is focused on content posted by SINA that Sun claimed was harmful and damaging to his reputation. Justin Sun To Get Apology From SINA According to the filing, the court decided that SINA must remove all harmful content linked to the case. The court also ordered SINA to publish a public apology to Sun for 72 hours on their platform, admitting the damage caused by the false statements. This ruling shows how important it is to protect people’s reputations in the growing online world, especially for well-known figures in tech and cryptocurrency. Additionally, the court ordered SINA to pay Sun 20,000 RMB for emotional distress, with extra fees related to the case. This brought SINA’s total financial fee to over 30,000 RMB. As online platforms increasingly influence public opinion, the Beijing Internet Court’s ruling highlights the importance of accountability in the digital space. China Takes Stance Against Blockchain Cybercrimes Meanwhile, China’s highest prosecutorial authority, the Supreme People’s Procuratorate (SPP), announced measures to address the escalating cybercrimes . The SPP’s action comes in response to a surge in online fraud, cyber violence, and personal information infringement. The SPP report outlined eight instances where prosecutorial bodies enforced laws to combat cybercrimes and advocated for comprehensive cyberspace management . This move comes as blockchain cybercrimes have increased significantly, with criminals leveraging cryptocurrencies to launder money, posing challenges to authorities. As such, Zhang Xiaojin, director of the Fourth Procuratorate of the SPP, cautioned citizens and digital space participants about investment scams prevalent in the local crypto economy. China’s Crackdown on Digital Assets China’s strict enforcement against digital asset-related offenses contrasts with Hong Kong’s adoption of crypto-friendly regulations designed to standardize the digital asset ecosystem. The People’s Bank of China (PBoC) addressed cryptocurrency regulation and decentralized finance (DeFi) in its financial stability report. The report also emphasized the importance of global regulatory coordination in overseeing the industry. In 2021, the PBoC announced stringent measures, including a ban on virtually all crypto transactions and mining activities. The measures helped curb crypto adoption in mainland China despite remaining a significant crypto-mining hub. The post Court Rules in Favor of Justin Sun in Defamation Case appeared first on TheCoinrise.com .

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Concerns Rise Over Bitcoin’s Near-Term Prospects Amid Market Volatility and Key Support Levels Suggested by Standard Chartered’s Geoff Kendrick

Geoff Kendrick of Standard Chartered has raised serious concerns about the near-term outlook for Bitcoin, highlighting potential volatility around significant support levels. Kendrick pinpointed November 6, 2024, post-U.S. election day,

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