What’s Happening In Crypto Today? Daily Crypto News Digest

In crypto news today:

Why is crypto up today?
Elevated Speculation Appetite and Improved Short-Term Profitability – Glassnode
WazirX to ‘Socialize’ $230 Million Loss Among Customers
Bitget Wallet Emerges as Second Largest Web3 Wallet after MetaMask in Japan

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Pepe Unchained Smashes $5.5M Milestone, Raises Over $500k in Less Than a Week

Pepe Unchained ($PEPU) is on fire, sizzling past $5 million in funding and adding over $500,000 just before the weekend party. The new meme coin, featuring its own Layer 2 chain on Ethereum, is ready to keep the heat going, with its momentum strong enough to hit $7 million – or beyond – in the […]
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Illicit Crypto Terrorist Financing On The Rise, New Singapore Report Finds

A newly published report by Singapore’s Ministry of Home Affairs notes that the illicit use of crypto in terror financing is on the rise, though cash is still the dominant method used in transferring value. The country’s terrorism threat level remains high following the October 7 2023 Hamas attacks on Israel that saw nearly 1200 civilians killed.

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