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Solana Memecoin PENGU Soars 20% Amid ETF Buzz and Record Trading Volume

Cryptonite UAE

PENGU, the Solana-based memecoin inspired by the Pudgy Penguins NFT brand, is experiencing a major price rally. Fueled by speculation around a newly proposed ETF and a surge in trading activity, PENGU has gained nearly 20% in the past 24 hours. At the time of writing, the token is trading at $0.01111, with a market … Read more

Shiba Inu Crosses 410 Trillion Tokens Burned — What It Really Means for SHIB’s Future

Cryptonite UAE

Shiba Inu just hit a major milestone in its deflationary journey: over 410.74 trillion SHIB tokens have now been permanently burned. That’s more than 41% of the original 1 quadrillion supply gone for good. On paper, that sounds bullish — less supply can lead to higher value, right? But with SHIB, it’s not quite that … Read more

Bhutan Quietly Builds a Billion-Dollar Bitcoin Fortune Using Hydropower

Cryptonite UAE

Tucked in the Himalayas and known globally for prioritizing Gross National Happiness over GDP, Bhutan has been quietly amassing one of the largest national Bitcoin reserves in the world. Behind closed doors, the small kingdom has accumulated an estimated $1.3 billion worth of Bitcoin, a figure approaching 40% of its GDP—and it’s done so not … Read more

Kraken Launches Krak: A New Peer-to-Peer Payments App Aiming to Revolutionize Global Money Transfers

Cryptonite UAE

Kraken has introduced Krak, its new peer-to-peer payments app designed to expand beyond crypto trading into mainstream financial services. Launched on Thursday, Krak enables users to send and receive money instantly across more than 160 countries, supporting over 300 assets, including fiat currencies, stablecoins, and cryptocurrencies. Krak targets inefficiencies in the traditional global payments system … Read more

Japan’s Evolving Crypto Framework in 2025: Regulation, Tax, and Market Growth

Cryptonite UAE

Japan continues to lead in crypto regulation and adoption, maintaining its reputation as a global front-runner in digital asset oversight. Since formally recognizing Bitcoin as a legal payment method under the Payment Services Act (PSA) in 2017, Japan has steadily enhanced its regulatory infrastructure to balance innovation with investor protection. 🔍 Current Regulatory Landscape (2025) … Read more

Bitcoin Outpaces Ethereum in 2024, But Analysts Predict Altcoin Rotation Ahead

Cryptonite UAE

Over the past year, Bitcoin (BTC) has surged by 74%, while Ethereum (ETH) has declined 28%, creating a significant performance gap between the two leading cryptocurrencies. Bitcoin’s outperformance began in mid-2024 and has steadily widened since. However, analysts warn that Bitcoin’s dominance may be overstretched, with Ethereum currently undervalued and under-owned. This setup suggests a … Read more

Newton Protocol (NEWT) Launches with Token Airdrop and Major Exchange Listings

Cryptonite UAE

Binance Alpha has listed Newton Protocol (NEWT), a promising blockchain and AI project developed by Magic Labs. The project combines on-chain automation with AI-powered agents, aiming to streamline complex cross-chain tasks through secure, verifiable delegation. What Is Newton Protocol? Newton Protocol is designed as an on-chain automation framework that leverages AI agents to execute decentralized, … Read more

Ethereum Hits Record 35M ETH Staked as Institutions Play the Long Game

Cryptonite UAE

Ethereum just reached a major milestone: more than 35 million ETH are now locked in staking contracts, marking an all-time high in network participation and signaling growing confidence in Ethereum’s long-term value. The data—sourced from CryptoRank and CryptoQuant, and shared on X by analyst Merlijn The Trader—shows a consistent year-long climb in staked ETH. No … Read more

New Whale Emerges as Ethereum (ETH) Sees Dip Buying, Sparking Hopes for Rebound

Cryptonite UAE

A newly established wallet has rapidly ascended to Ethereum (ETH) whale status, strategically capitalizing on the recent market dip that saw nearly $80 million in ETH long liquidations. This significant whale activity suggests a potential shift in market sentiment, hinting at an impending rebound for the leading altcoin. Whale Accumulation Signals Potential Bottom The new … Read more

Tether Mints $2 Billion USDT on Tron, Bolstering Reserves for Anticipated Demand

Cryptonite UAE

Tether, the issuer of the world’s largest stablecoin, USDT, has recently minted an additional $2 billion worth of USDT on the Tron blockchain. This significant move, confirmed by CEO Paolo Ardoino, is aimed at boosting the company’s reserves and proactively preparing for an anticipated surge in market demand. The minting occurred in two phases, with … Read more

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