Memecoins, cryptocurrencies inspired by internet memes and viral trends, have gained significant attention in the crypto market. Following are the insights we collected today on December 23rd, 2024: Let’s jump right into the pros and cons of these top 5…
Key Points: Hoskinson Praises Ripple CTO In a recent live stream, Cardano’s founder, Charles Hoskinson, offered high praise for Ripple’s Chief Technology Officer, David Schwartz. Calling him “brilliant” and “really passionate,” Hoskinson expressed admiration for Schwartz’s expertise and personality, adding,…
December 22, 2024 – Former President Donald Trump has named Bo Hines as Executive Director of the Presidential Council of Advisers for Digital Assets, a move signaling the administration’s focus on expanding the role of cryptocurrency and blockchain technologies in…
In the ever-evolving cryptocurrency market, identifying promising altcoins for investment requires careful analysis of technological innovation, market potential, and overall adoption trends. Currently, five standout altcoins — XRP, HBAR, Chainlink, SUI, and Internet Computer — are gaining significant traction among…
Recent technical indicators and market activity suggest that Hedera Hashgraph’s cryptocurrency, HBAR, might be gearing up for a major price rebound. Analysts have highlighted key bullish patterns on the charts, along with strong market fundamentals, pointing toward a potentially lucrative…
Google has announced a significant policy update for cryptocurrency advertising in the United Kingdom, requiring all crypto-related ads to register with the UK’s Financial Conduct Authority (FCA). The new rules will take effect on January 15, 2025, signaling Google’s commitment…
The cryptocurrency market experienced heightened volatility on December 20, 2024, as options contracts for Bitcoin (BTC) and Ethereum (ETH) worth a staggering $2.6 billion expired. The event was closely monitored by investors and analysts, given its potential to trigger significant…
Key Points Overview El Salvador, the first country to adopt Bitcoin as legal tender, is scaling back its cryptocurrency policies in exchange for a $1.4 billion loan from the International Monetary Fund (IMF). This marks a significant shift for President…
Bitcoin’s price is expected to soar to as high as $200,000 by mid-2025, according to the latest forecast from Bitfinex. This significant rise is anticipated to be driven by an increase in institutional investments and the growing popularity of Bitcoin…
In a significant move to solidify its position as a global financial hub, Hong Kong has introduced four new exchanges, each specializing in unique areas of trade and investment. These exchanges aim to diversify the city’s financial ecosystem and attract…
The cryptocurrency market is rapidly outpacing traditional financial exchanges, with Coinbase emerging as a dominant player, driven by a resurgence in market optimism following Donald Trump’s election victory. Key Highlights Market Valuation Insights Looking Ahead: The Battle Intensifies The Bottom…
Key Points: Lindner’s Call for Crypto Reform On December 16, Christian Lindner, leader of the Free Democratic Party (FDP), criticized the German government’s inaction on Bitcoin (BTC) and crypto regulations. Lindner emphasized the need for immediate reforms to keep Germany…
Binance has officially launched Binance Alpha, a new feature within the Binance Wallet that highlights emerging crypto projects with strong growth potential in the Web3 ecosystem. This platform acts as a pre-listing token pool, providing users with a closer look…
Key Points: Whale Wallets Dominate Ethereum Supply Ethereum whale wallets now account for 57% of all Ether in circulation, according to on-chain analytics platform Santiment. In a December 16 post, the platform reported that 104 wallets holding over 100,000 ETH…
Key Takeaways: Ripple, the digital payment giant, has announced that its U.S. dollar-backed stablecoin, RLUSD, will officially launch on December 17. The stablecoin will be available on the XRP Ledger and Ethereum blockchain, serving markets across the Americas, the U.K.,…
Key Takeaways Bitcoin skyrocketed to a record high on Monday, fueled by speculation that President-elect Donald Trump may establish a U.S. Bitcoin strategic reserve. The cryptocurrency touched an unprecedented $106,533 during the day before settling at $104,512, marking a 3%…
Ripple’s newly introduced dollar-pegged stablecoin, RLUSD, has officially received regulatory approval from the New York Department of Financial Services (NYDFS), marking a significant milestone in its development and setting the stage for its upcoming launch. This approval positions RLUSD as…
Coinbase is facing a $1 billion lawsuit filed by BiT Global Digital Limited, which challenges the exchange’s decision to delist Wrapped Bitcoin (wBTC). The Hong Kong-based platform alleges that Coinbase’s action was a calculated effort to dominate the market and…
Shiba Inu’s price remained steady over the weekend, even as cryptocurrency analysts expressed optimism about its future performance. The meme coin, ranked as the second-largest in the crypto market, was trading at $0.00002812, marking a 163% increase from its August…
Twenty new digital assets, including, Solana, Ripple, Cardano, Sui, Toncoin, Binance, Chainlink and Dogecoin, Hedera to name a few, exchange-traded instruments have been added by Valour Inc. on Sweden’s Spotlight Stock Market. According to a corporate announcement, this is the…
Certain mainland Chinese users of Alipay encountered advertisements encouraging them to invest up to $137 per day in a fund offering indirect exposure to a U.S. spot Bitcoin ETF and Coinbase. Alipay, the largest payment platform in China with over…
Key take aways: It is anticipated that $2.1 billion in ETF share purchases will result from MicroStrategy’s December 23 listing on the Nasdaq 100, which could strengthen its Bitcoin holdings. An official announcement is planned for this Friday, December 13,…
Key take aways: This Tuesday, December 10, at 11:30 a.m. New York time, is the date of Microsoft’s annual shareholders meeting. Microsoft and Bitcoin, have a history! Microsoft has a cautious approach to Bitcoin. Due to low usage and regulatory…
The market was rocked by today’s crypto crash, which erased billions from market capitalization and raised concerns about a potential long-term decline. However, what or who is actually causing the chaos? Crypto took a nose dive and turned red today…
Key take aways: PEPE is now the third-largest meme coin by market value after reaching an all-time high today and surpassing a $10 billion market capitalization. Since then, Pepe’s market value has increased to more than $11 billion, placing it…
Key take aways: What is Shiba Inu – SHIB? Dogecoin served as the model for Shiba Inu (SHIB), a cryptocurrency that runs on the Ethereum network. An anonymous developer by the name of Ryoshi created it in August 2020. It…
The price of Bitcoin has soared above the highly anticipated $100,000 mark, prompting speculation about how much higher it could go and whether it can overcome its infamous volatility. Shortly after 4:00 GMT on Thursday, the biggest cryptocurrency in the…
Key take aways: Ethereum’s on-chain coin flows show that whales are exerting significant buying pressure on exchanges. With seven days in a row, Ethereum ETF inflows reached their highest level since launch. When ETF inflows are robust, Ethereum whales drive…
Key take aways: According to reports, BlackRock, the largest asset manager in the world with over $9 trillion in assets, is making a radical move by switching to Ripple’s XRP. The financial and cryptocurrency industries have taken notice of this…
Key take aways: The price of Cardano, a notable cryptocurrency, jumped above $1 in November, securing its place among the best-performing altcoins. Investor interest in alternative digital assets has increased as a result of this impressive rally, which reflects the…
One of the top performing crypto currencies, XRP, has been a long awaited currency to get a price spike on charts, and has been the attention to almost everyone the whole week. Alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and…
For starters, cryptocurrencies function on a decentralized network, unlike traditional money, which means that transactions are not supervised by a central authority like a bank. Blockchain technology, a transparent and safe system that records each transaction, is the foundation of…
The New York Department of Financial Services (NYDFS) is about to approve Ripple’s eagerly awaited stablecoin, RLUSD, which would be a significant milestone for the business. According to a FOX Business report, the business is awaiting approval from the crypto…
A document published by the cryptocurrency security company SlowMist lists over 8,620 Solana addresses that may be connected to the DEXX hacker. A security flaw in the memecoin trading terminal DEXX on November 16 caused losses for at least 900…
According to AI, Rollblock will surpass Ripple and Solana in the 2024 bull run and be the next big cryptocurrency with a 50x rise. Numerous cryptocurrency traders are utilizing artificial intelligence (AI) to forecast future market trends and trends. With…
The biggest virtual bank in Hong Kong, ZA Bank, has introduced a new service that lets regular people purchase and sell Bitcoin and Ethereum with fiat money. Residents of Hong Kong must have an account with the bank and complete…
The U.S. Securities and Exchange Commission Chair Gary Gensler has announced his resignation, which will take effect on January 20, 2025. Appointed by Biden Gensler has been outspoken in his opposition to crypto regulation. Following the House’s passage of the…
Key take aways: Types of crypto airdrops: How crypto airdrops work? As part of its marketing strategy, a project usually offers to send free tokens to your wallet address at the start of a crypto airdrop. Here is a general…
Bitcoin surged to a fresh high above $94,000 on Wednesday after BlackRock’s iShares Bitcoin Trust (IBIT) made history as the first spot Bitcoin ETF approved for options trading. Nasdaq launched options trading for the IBIT ETF on Tuesday, recording nearly $1.9b…
A significant development shook the cryptocurrency industry on November 18 when the Options Clearing Corporation announced that it was preparing to sell options linked to Bitcoin exchange-traded funds (BTC 0.6%). Its acceptance by the Commodities Futures Trading Commission preceded this…
Meme coins have scaled up the crypto world to a new all time high in FOMO and risk reward ratio. Trading meme coins can be highly profitable if you understand the culture of meme coins and if you know exactly…
Memecoin degens recently entered into a new galaxy. After Solana which is already a major hub of creating and trading of memecoins, Justinsun the creator of Tron network ($TRON) which is currently trading at # 9 on coinmarketcap has recently…
As President Biden defended the SEC’s crypto accounting policy in Staff Accounting Bulletin #121, the House of Representatives passed a resolution opposing it. The US House of Representatives overwhelmingly approved a resolution Wednesday to reject SEC cryptocurrency accounting guidelines that…
The next big narrative on bitcoin native chain would be Bitcoin Runes. Established in September 2023 by Casey Rodarmor, the original developer of the Bitcoin Ordinal system, Runes took its inception just after Bitcoin halving event when it launched at Block 840,000 in…
As bitcoin and other cryptocurrencies were having some downtrend since last couple of days. After slight consolidation, now bitcoin has a little upward move. And Bitcoin Runes are not far behind, although the marketcap of Bitcoin Runes is very low…
During a hearing in Seattle, Federal Judge Richard Jones cast doubt on the Justice Department’s request for a “years-in-prison” sentence, arguing that there is no proof that the defendant “was ever aware” of any illegal activities at Binance. “I cannot…
The rise of bitcoin (BTC) in the coming months is likely to be driven by international politics and the hunt for an investment hedge, even after a 10% weekly decline in confidence in the biggest cryptocurrency, according to some traders….
An analyst estimates that following the halving, bitcoin miner sales could total up to $5 billion over the course of four to six months. A market analyst believes that, similar to past cycles, there may be a significant withdrawal of…
