Ethereum faces $4,000 resistance, but whale accumulation and ETF inflows signal potential price growth in the near term. Ethereum’s DeFi ecosystem dominates, with a 36% rise in total value locked, outperforming the next ten chains combined. On-chain metrics show Ethereum’s steady growth with over 123 million addresses and a significant accumulation below $4,000. Ethereum, the…
Bitcoin‘s value has seen a drop to $106,800, with a maximum of $108,353 for the day, yet the positive trend for cryptocurrencies appears to be just commencing. Many alternative coins have not yet achieved their full potential, while Bitcoin’s ongoing consolidation phase at six figures could allow altcoins to soar to new heights. What are…
December 17, 2024 at 09:48 PM GST updated: December 17, 2024 at 08:46 PM 2 mins read News Equalizer successfully migrates to Sonic, with $30K in $EQUAL airdropped to early supporters after the liquidity shift. Over 97% of veEQUAL and 70% of $EQUAL tokens migrated, with burned tokens to enhance Sonic’s liquidity. Despite progress, a…
Lido’s decision was approved by 99% of Lido DAO voters, and is very similar to Lido’s previous exit from Solana. Meanwhile, Aave is considering a similar move due to the risk profile of bridged assets and recent proposals to redeploy $1.3 billion in stablecoin reserves into Ethereum vaults. This plan caused some controversy in the…
The UK’s FCA Financial Conduct Authority is reportedly now making moves to crack down on what it considers to be abuse within the country’s crypto-asset market. On Monday, the financial regulator published a discussion paper to collect inputs to set up ‘sufficiently credible and clear ‘rules of the game’ for both the companies in the…
Nigeria’s Economic and Financial Crimes Commission (EFCC) has arrested 792 individuals in connection with an alleged crypto-based romance scam during a large-scale raid in Lagos, the country’s largest city. The operation, which took place on December 10, highlights growing international concerns over “pig butchering” schemes, a type of scam combining social manipulation and fraudulent investment…
Home » Journal » 3 Cryptos Positioned to Surpass XRP Recent Rise in During Altcoin Season XRP has recently surged, drawing significant attention in the cryptocurrency market. Yet, there are other digital currencies that could potentially outperform this impressive rise. With altcoin season on the horizon,…
Bitcoin $107,445‘s price has dropped to $106,800, with a daily peak at $108,353. However, the upward momentum for cryptocurrencies is just beginning. Many altcoins have yet to reach their true peaks, while Bitcoin’s ongoing six-figure consolidation phase opens the door for altcoins to hit new highs. What price targets are set for XRP Coin, ADA,…
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Bloomberg analyst Eric Balchunas said the next ETFs could include LTC and HBAR, but he has doubts about demand. After that, Balchunas thinks approvals for XRP and Solana ETFs may come. He cited the fact that the altcoin is not classified as a security by the SEC as the reason why HBAR believes it will…
Investors wishing to make exponential gains have plenty of opportunities to profit from the cryptocurrency market. Of the coins that are about to break out big, the frontrunner is Aureal One, and the amount of interest for this coin is amazing. It boasts innovative features and huge growth potential as the next big thing for…
Meme coins are back in the spotlight as 2024 comes to a close, and it’s the perfect time to check out the top contenders for your portfolio. BTFD Coin (BTFD) is making headlines with its record-breaking presale, amassing over $4 million and 55 billion tokens sold. Meanwhile, Book of Meme (BOME) and Notcoin (NOT) are…
The U.S. Senate has abandoned the renomination hearing for anti-crypto Democratic SEC Commissioner Caroline Crenshaw. Outgoing Securities and Exchange Commissioner Caroline Crenshaw will not be renominated to her position following a decision by the Senate Banking Committee. The hearing to nominate Crenshaw and Gordon Ito to the Financial Stability Oversight Council, previously scheduled for Wednesday,…
Musk Loves Bitcoin could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Musk Loves Bitcoin (MUSKBTC), a new Solana memecoin that was launched today, is set to explode over 13,000% in price in the coming days. This is because MUSKBTC is set to soon be listed on numerous crypto exchanges,…
Bitcoin L2 Labs, the development firm behind Bitcoin layer-2 Stacks, has announced the mainnet release of sBTC, Stacks’ programmable 1:1 BTC-backed asset. sBTC allows the decentralized movement of BTC in and out of Bitcoin layers. With sBTC, investors can access decentralized finance (DeFi) applications while maintaining Bitcoin’s core security principles. Its mainnet release follows the…
This incident highlights the increasing danger of fake video and AI, which can replicate voices and alarming precision. Musk has not commented on this incident. However, his name is often aimed in online scams, such as fake crypto giveaways, increasing current concerns among his followers. The website on which the video was posted, Elon4u(dot)com, is…
18h20 ▪ 5 min read ▪ by Nicolas T. Europe, always trailing behind Washington, should soon align itself by lifting the anathema on bitcoin. Bitcoin Invites Itself into the Hemicycle The United States has chosen its side and Sarah Knafo has taken it upon herself to make this understood in the European Parliament. The European…
Join Our Telegram channel to stay up to date on breaking news coverage When comparing Wall Street Pepe’s progress to other meme coins, the numbers clearly show that it is outpacing the competition in terms of demand. In the early stages, other presale projects were generating around $250,000 to $300,000 per day, whereas Wall Street…
The Bitget Token (BGB) is making headlines as it achieves a new all-time high (ATH) of $3.96 on December 17, 2024. This milestone comes amid significant growth in trading volume, new regulatory licenses, and positive market sentiment. With a market cap of $5.38 billion and a monthly gain of 178.96%, BGB is positioning itself as…
Dropee Daily Combo December 18, 2024: Earn 1 Billion DRP Coins What is Dropee? Dropee is an engaging platform that merges gaming with cryptocurrency rewards via an enjoyable “tap-to-earn” mechanism. Players can join different airdrop campaigns and receive bonuses by tapping and finishing tasks. With additional features on the way, including the launch of its…