Bitcoin (BTC), the world’s largest cryptocurrency by market cap is gaining significant attention from crypto enthusiasts following its impressive performance. Today, December 17, 2024, a prominent crypto expert made a post on X (previously Twitter) that whales have purchased a significant 70,000 BTC worth nearly $7.30 billion. Bitcoin Whales’ Rising Interest This notable BTC purchase…
Defunct Bitcoin exchange Mt. Gox has triggered market unease after transferring a substantial amount of Bitcoin (BTC). Earlier today, Mt. Gox moved 191,678 BTC, valued at approximately $20.42 million, to a new address. Shortly after, an additional 1,428 BTC was transferred to another address, bringing the total transfer value to a staggering $152 million. The…
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The end of the year is more than just a time to reflect. It’s an opportunity to reset, reassess, and prepare for what lies ahead. After months of volatility, corrections, and uncertain sentiment, something is shifting in the crypto market. Confidence is creeping back in, with prices stabilizing, projects delivering real progress, and investors once…
Sarah Knafo, a member of the European Parliament, gave a pro-Bitcoin speech in the European Parliament on December 17, calling for the establishment of a “Bitcoin strategic reserve” while opposing the digital euro. The politician believes in Bitcoin’s decentralized nature, limited supply, and growing adoption. The member of parliament believes that Bitcoin’s nature makes it…
The crypto market has been buzzing with the recent developments in the DeFi space, with Ripple (XRP) and Avalanche (AVAX) leading the charge. Amid this flurry of activity, 1Fuel is garnering significant attention, aiming to raise $100,000 daily in its ongoing crypto presale, as investors seek opportunities in this dynamic space. Problem-Solving 1Fuel Might Just…
Mark Longo, who owns Peanut the Squirrel, is suing Binance. He claims the crypto exchange used images and stories of Peanut without his permission. Longo says this legal action is part of a bigger plan to protect his creative works, and he intends to send more cease-and-desist letters. The market value of the Peanut the…
Justin Sun’s ETH withdrawals and deposits spark interest, with traders eyeing possible sell-offs amid a $366M profit and $4,000+ prices. Ethereum’s bullish pattern signals potential gains to $4,614, supported by a $3,500 floor and steady trading volumes maintaining market stability. Long-term projections for Ethereum include $5,800 and $8,000, bolstered by staking growth and strong on-chain…
The PENGU token, associated with the Pudgy Penguins NFT project, experienced a remarkable price surge exceeding 800% shortly after its launch and airdrop distribution. This notable increase reflects robust interest from NFT enthusiasts and signals a vibrant demand within the cryptocurrency market, as highlighted by its substantial trading volume. What Steps Are Needed to Claim…
December 17, 2024 at 09:00 PM GST updated: December 17, 2024 at 01:34 PM 4 mins read Press Release Can a cryptocurrency surpass Ethereum’s influence or challenge the momentum of Render’s price surge? Ethereum continues to evolve with powerful upgrades, while Render gains attention as demand for AI-driven solutions rises. Meanwhile, BlockDAG (BDAG) is quietly…
Hyperliquid is emerging as a major player in the world of decentralized finance, offering users a unique platform for trading cryptocurrencies. It is designed for fast and efficient trading of perpetual contracts, allowing for high leverage and low fees. This makes it a very attractive option for both beginners and experienced traders looking for a…
Bitcoin (BTC) surged past $106,500 this week following MicroStrategy’s $1.5 billion BTC purchase, sparking increased institutional confidence. Many now view $120,000 as its next major milestone. MicroStrategy Holds $45B in Bitcoin, Eyes $42B Growth MicroStrategy has made another bold move, purchasing 15,350 BTC at a price exceeding $100,000 per coin. This acquisition brings their total…
Collapsed cryptocurrency exchange FTX has announced plans to start repaying creditors and customers in early 2025 as the company nears the conclusion of its Chapter 11 bankruptcy proceedings. The update was shared on Monday, outlining a court-approved reorganization timeline. FTX stated that its reorganization plan will take effect on January 3, 2025, after which initial…
Home » Journal » Will Injective Break $30? Key INJ Price Signals Indicate Potential Run to $53 Injective (INJ) is showing signs of a strong impulsive move, with chart analysis pointing to potential price targets near $53. Crypto analyst Nology has highlighted the INJ’s structure, noting…
The PENGU token from Pudgy Penguins witnessed an impressive price increase of over 800% following its launch and airdrop distribution. This Solana $226-based token demonstrated strong demand from NFT holders and the broader cryptocurrency market shortly after going live, as indicated by its high trading volume. Pudgy Penguins Airdrop CommencesPENGU Token Price Soars by 800%…
XRP breaks through key resistance, signaling renewed bullish momentum. Analyst Dark Defender targets $5.85 and $8.76 as near-term price levels. Key support zones identified for potential retracement, including $2.29 and $2.02. XRP broke out on the 4-hour chart after two weeks of consolidation. Technical analyst Dark Defender has analysed and updated data to confirm this…
Lido, the largest liquid staking protocol by total value locked (TVL), has begun terminating staking services for its Polygon PoS chain following a community-approved vote in November. Lido Begins to Phase Out Staking Service for Polygon PoS Chain Lido’s integration with the Polygon PoS network allowed users to stake Polygon’s native MATIC tokens in exchange…
Crypto presales are among the most profitable investments for smart investors. The market is currently flooded with new crypto projects that are raising funds through successful presales. By participating in these early-stage investment opportunities in the crypto landscape, investors can purchase next-generation high-growth crypto tokens at affordable prices, increasing their chances of profit as the…
Tether, the issuer of the world’s leading stablecoin USDT, has boldly leased into Europe’s burgeoning digital asset market. The firm has recently invested in StablR, a rising stablecoin provider. This partnership shows Tether’s dedication to promoting regulated digital assets in Europe. It comes as the region prepares to implement the EU’s Markets in Crypto-Assets (MiCA)…
The 2022 LastPass data breach has allowed threat actors to steal 12.38 million from users in a new attack. According to blockchain sleuth ZachXBT, the LastPass hackers stole millions in Ethereum (ETH) from over 100 wallet addresses between Dec. 16 and Dec. 17. The criminals quickly swapped the ill-gotten wealth from ETH to Bitcoin (BTC),…