Author: James Wilson
PayPal has announced a cryptocurrency sweepstakes offering Bitcoin prizes to customers in the U.S., the company stated. Summary PayPal launches its first U.S. cryptocurrency sweepstakes. Entry is tied to crypto transactions, with users earning one entry per transaction (up to 10 per week). Promotion aims to boost crypto adoption, leveraging PayPal’s existing platform that supports six cryptocurrencies. The promotion will award one top Bitcoin prize, five substantial Bitcoin prizes, and 162 smaller Bitcoin amounts to participants, according to the company’s announcement. Prizes will be distributed weekly through December 21. Users receive one entry for each cryptocurrency transaction completed on the…
Ready for altcoin season? Don’t hold your breath, analysts warn. Summary Bitcoin and major altcoins are gaining ground, suggesting a potential recovery Still, the market sentiment is likely still too weak for a real altcoin season As investors look for signs of a renewed risk-on phase in crypto, market structure continues to favor caution over speculation. However, according to several analysts, the worst has passed, although markets are not yet ready for a full rebound and an altcoin season. Gabe Selby, Head of Research at CF Benchmarks, highlighted nearly $4 billion in ETF outflows since October 10. The outflows have…
Ark Invest is buying the dip on some of the most significant blockchain stocks, including those of Block, Circle, and Coinbase. Summary Ark Invest disclosed $93 million in share buys, including crypto firms Cathie Wood’s fund bought Block, Circle, Coinbase and Bullish stocks Crypto stocks often underperform crypto during bear markets Crypto-linked stocks are coming under renewed pressure as market liquidity tightens and investor risk appetite weakens. Still, some investors are going long, including Cathie Wood’s Ark Invest. On Tuesday, November 25, the firm expanded its exposure to some of the most extensive crypto stocks, including Block, Circle and Coinbase.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors shift toward utility-focused crypto as Ozak AI’s AI-DePIN presale gains momentum and long-term interest. Summary Ozak AI’s Phase 7 presale accelerates as investors back its AI-DePIN model, raising over $4.4m ahead of exchange listings. With 1b+ tokens sold and a $1 listing target, Ozak AI is gaining momentum as buyers bet on long-term AI-powered growth. Ozak AI’s AI-DePIN stack and strong presale traction position OZ as a rising contender in 2025’s innovation-focused market. As the crypto market matures,…
Zcash’s price has lost momentum and crashed by 32% from its year-to-date high, and technicals point to more downside despite major news from Grayscale. Summary Zcash price has dropped by 32% from its highest level this year. Grayscale has filed to convert the ZEC trust into an exchange-traded fund. Technical analysis suggests that the token will have more downside. Zcash (ZEC), a top player in the privacy industry, was trading at $503 on Wednesday, Nov. 26, bringing its market capitalization to $8.29 billion from the year-to-date high of $11.4 billion. Zcash price dropped even as after Grayscale filed the S-3…
Bitcoin’s price is testing the $75,000–$78,000 support cluster as a potential three-drive pattern forms, raising early signals that a structural bottom may be forming after weeks of heavy downside pressure. Summary Market sentiment around Bitcoin is cautiously improving as volatility compresses near support Social and on-chain activity indicate a slowdown in panic selling Macro uncertainty continues to influence market behavior, adding weight to Bitcoin’s current inflection zone Bitcoin’s (BTC) recent price action continues to show broad weakness after an extended downside move erased several major structural levels. The market remains under significant bearish pressure, but a notable shift in behavior…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. South Korea’s crypto scene has long stood out — defined by fearless traders, rapid market cycles, and the famous “Kimchi premium” that often pushed local prices far above global averages. This was never just a pricing anomaly; it was a reflection of something deeper: an unmatched retail appetite for risk and innovation. Summary Retail power drives innovation: Korea’s crypto market thrives on retail participation, with over a third of citizens trading and altcoins dominating volume — creating…
Bitcoin hovers below recent highs after a modest bounce, with mixed technical signals and fading gains across leading cryptocurrencies this week. Bitcoin, ethereum, and ripple opened the week stronger but lost momentum, with bitcoin trading below key resistance near $86,000. Technical indicators suggest near-term uncertainty: RSI moved up from oversold, while MACD points to ongoing buyer activity. Coinbase UK’s CEO notes increased institutional involvement and pilot programs in Europe, yet medium-term bitcoin outlook stays optimistic. Bitcoin declined slightly over the past 24 hours, trading below recent highs around $86,000, according to market data. The cryptocurrency found support at psychological price…
Kakaobank is developing a won-pegged stablecoin, hiring blockchain talent, and preparing for security token offerings amid South Korea’s new legislation. Kakaobank is building blockchain infrastructure for a “Kakao Coin” stablecoin and hiring backend developers with smart contract expertise. The bank plans to launch security token offerings (STO), partnering with Korea Investment & Securities and Lucent Block. New South Korea laws pave the way for STO market growth, while rivals Naver and Dunamu advance their own stablecoin and digital wallet strategies. South Korean digital bank KakaoBank has entered the development phase for a won-pegged stablecoin called “Kakao Coin,” according to local…
Nasdaq-listed insurance technology company Reliance is betting big on privacy tokens and has converted its entire crypto treasury into Zcash after a strategic overhaul. Summary Reliance Global Group has converted its entire crypto treasury into Zcash following a strategic review. Zcash’s compliance-ready privacy model was a core factor in its decision to consolidate holdings. “Our decision to consolidate our DAT into Zcash reflects a high-conviction belief in ZEC’s long-term potential and its unique position at the convergence of cryptography, compliance, and financial privacy,” Moshe Fishman, a member of the Reliance Global Group Crypto Advisory Board, was quoted as saying in…