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CoinBasecamp

Crypto News & Updates

Month: December 2024

PEPE Crypto With a 6% Surge After Elon Musk Took This Action

Amid a gloomy phase for meme coins, Pepe (PEPE) has emerged as a bright spot, recording a 6% price surge in the past 24 hours. This unexpected rally follows an intriguing interaction from billionaire Elon Musk on X (formerly Twitter)….

2024, A Year In Review for Bitcoin, Ethereum, Solana, XRP, and HBAR. And What Lies Ahead for 2025?

The year 2024 has proven to be transformative for the cryptocurrency market. From record-breaking milestones to significant legal and regulatory developments, Bitcoin, Ethereum, Solana, XRP, and Hedera Hashgraph (HBAR) have all seen pivotal moments shaping their trajectories. Here’s an in-depth…

BlackRock’s Bitcoin ETF Shatters Records: The Greatest ETF Launch Ever?

Key Takeaways: Bitcoin’s Surge Driven by BlackRock’s ETF2024 is shaping up as a defining year for cryptocurrency, with Bitcoin surpassing $100,000 for the first time. A critical factor fueling this rise is BlackRock’s Spot Bitcoin ETF. Launched in January alongside…

MicroStrategy’s Bitcoin Bet: Michael Saylor Signals Another Major Move

Key Points: Saylor’s Sunday Signal: A Bitcoin Buying Ritual On December 29, Michael Saylor, co-founder of MicroStrategy and prominent Bitcoin advocate, posted the latest Bitcoin chart from the SaylorTracker website. The post, made to his 3.9 million followers on X…

Hong Kong Legislator Proposes Adding Bitcoin to National Reserves: A Bold Financial Shift

A member of Hong Kong’s Legislative Council, Wu Jiexhuang, has sparked discussion by proposing that the region incorporate Bitcoin into its national reserves. By leveraging the “one country, two systems” policy, Jiexhuang envisions Bitcoin as a tool to enhance financial…

Ethereum’s Dynamic Week: Upgrades, Network Growth, and Bullish Sentiment

Key Highlights Ethereum’s Weekly Performance: Milestones Amidst Volatility Ethereum (ETH), the second-largest cryptocurrency, experienced fluctuating prices over the past week. Despite short-term turbulence, the network’s adoption and technological advancements paint a positive picture for its long-term outlook. Metric Value Trend…

El Salvador Surpasses 6,000 Bitcoin Milestone, Portfolio Up by 105%

Key Points: El Salvador Reaches Bitcoin Milestone El Salvador has reached a major milestone in its cryptocurrency journey, crossing 6,000 Bitcoin in its national treasury. On December 29, the country added to its holdings, bringing the total to 6,000.77 BTC,…

XRP Price Amazes with Bullish Patterns as Predicted by Veteran Traders

Two prominent crypto analysts, Peter Brandt and Credible Crypto, have shared insights on XRP’s price trajectory, highlighting bullish patterns and potential double-digit price targets. Here’s what their analysis reveals about the future of the popular cryptocurrency. Key Insights: Peter Brandt:…

Ripple to Unlock 1 Billion XRP Tokens in January 2025: Key Details for Investors

Key Takeaways Ripple, the blockchain company behind the XRP cryptocurrency, is set to release 1 billion XRP tokens from escrow on January 1, 2025. This routine monthly release is a significant event in Ripple’s ongoing management of the XRP supply…

Blockchain Association sues IRS Over DeFi Reporting Rule

Key Points: DeFi Advocacy Groups Sue IRS Over Reporting Mandate The Blockchain Association, the DeFi Education Fund, and the Texas Blockchain Council have filed a lawsuit against the IRS to challenge a recently finalized rule requiring certain decentralized finance (DeFi)…