Bitcoin (BTC) surpassed the $98,000 mark after the Dec. 24 Wall Street open, with “large spot buyers” driving the rebound in its price action. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching new local highs of $98,020 on Bitstamp. The cryptocurrency gained over 3% in a day, recovering from earlier in the week…
In a very genial nod to Bitcoin, Cramer asked about the new administration’s plans for crypto and, in his question, drew a comparison to the U.S. strategic petroleum reserve. Will the White House push for something like that? “Yeah, I think so,” Trump answered. But the rest of his answer really showed an understanding of…
Crypto Advice: Some Points To Consider Crypto Advice For Your Family And Friends If you are looking to suggest someone to start investing in crypto, or giving advice to the newbies, here are some points to consider. It’s Your Responsibility Know that you need to clarify in the very beginning, that whatever action is taken,…
The crypto market is never short on drama, and this weekend is no different. Ripple (XRP) is making waves again, but the tide isn’t entirely in its favour this time. After its high-profile tussles with regulators, XRP is now attempting to regain momentum amidst market uncertainty. Similarly, Binance Coin (BNB), a mainstay in the crypto…
Crypto exchange Kraken and the U.S. Securities and Exchange Commission (SEC) have filed a joint stipulation and proposed order. The move comes as the leading crypto exchange plans to file an objection to a recent order in favor of the securities regulator. Decoding US SEC and Kraken’s New Proposed Order Plaintiff U.S. Securities and Exchange…
Money market Aave and liquid staking protocol Lido surpassed $70 billion in net deposits in December for the first time, according to data from TokenTerminal. As of press time, the two largest DeFi protocols hold a total $67.42 billion. Aave leads with $34.3 billion in deposits, just $1.1 billion higher than Lido’s. The net deposits…
Pudgy Penguins (PENGU) price has surged approximately 30% in the last 24 hours, rebounding sharply after reaching its lowest level on December 20. This dramatic recovery has been accompanied by bullish momentum, as key indicators like RSI and CMF hit all-time highs, reflecting strong buying pressure and renewed investor confidence. PENGU RSI Is At an…
Crypto was dumb in 2024—like, really dumb. This year’s meme coin supercycle spawned the most bizarre characters the industry has ever seen, which is saying a lot, and conferences had us cringing weekly, all while politicians begged on their knees for the crypto vote (or at least its money). And with this, we’ve enjoyed some…
A single mistake in crypto regulations can result in imprisonment or the loss of millions of dollars to legislators. Consequently, investors worldwide need to understand the tax implications of owning, trading, and earning digital assets. Here is how 2025 faces the law. The regulatory space is intricate and constantly changing, with the US, the UK,…
Ethereum ETFs inflows are outdoing Bitcoin ETF inflows. BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024. This Market shift may signal an altcoin season in 2025. In a surprising turn of events in the cryptocurrency market, Ethereum spot ETFs have been experiencing significant inflows, overshadowing the outflows noted…
2024 г. бе ключов момент за Биткойн и по-широкия крипто пазар. Институционалният интерес зае централно място с пускането на първите ETF-и за BTC и Етериум, а водещия дигитален актив постигна исторически пробив, надхвърляйки $100,000 Междувременно стабилните монети засилиха глобалното финансово влияние на щатския долар, а про-крипто кампанията на президента на САЩ допълнително засили популярността на…
Coinbase International saw a total trading volume of over $119 billion this past week, averaging nearly $20 billion per day. Remarkably, the weekly total is 124% higher than the previous week’s total, while this past week’s daily average is 164% higher than the previous week’s daily average. The rise of Coinbase International comes after several…
– Advertisement – Federal Reserve confirms no involvement in Bitcoin holdings, reaffirming Congressional authority over cryptocurrency-related national strategies. Trump administration explores Executive Order options for a Bitcoin Strategic Reserve using Treasury-managed Exchange Stabilization Fund. Jerome Powell, Chair of the Federal Reserve, clarified during a press briefing that the institution will not engage in any plans…
Investment Advisors Set to Dominate Crypto ETFs in 2025 A recent analysis by CF Benchmarks, a cryptocurrency benchmark index provider, reveals that investment advisors are projected to surpass hedge funds as the largest holders of spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) by 2025. This shift reflects a broader movement toward mainstream adoption…
Could this under-the-radar cryptocurrency be the next big thing in digital assets? Lightchain AI (LCAI) is poised to redefine the blockchain and AI landscape through its revolutionary platform. By integrating cutting-edge technologies like the Proof of Intelligence (PoI) consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM), Lightchain AI ensures efficient, decentralized AI computations. Currently…
Ethereum’s developer community is buzzing with curiosity over Lightchain AI’s revolutionary Artificial Intelligence Virtual Machine (AIVM). Positioned as a game-changer in blockchain innovation, Lightchain AI is reshaping how AI integrates with decentralized networks. With its presale priced at $0.003, Lightchain AI is rapidly becoming a top contender in the crypto space. Unlike speculative tokens, Lightchain…
Russia bans crypto mining in ten regions, citing energy concerns and aiming to maintain a stable electric power system. Temporary restrictions apply to three regions during peak energy use, highlighting the government’s focus on electricity management. Authorities plan ongoing reviews of mining bans, adjusting based on electricity demands and capacity developments. The Russian government has…
Bitcoin (BTC) has crossed the $99,000 mark today, but maintaining support above six figures is crucial for its stability. Altcoin traders hoping for price increases must remain vigilant to avoid a potential drop to $85,000. A notable market commentator, who has accurately predicted past declines, offers insights into the current landscape concerning AVAX and MINA…
December 25, 2024 at 12:20 AM GST updated: December 25, 2024 at 12:07 AM 2 mins read News Defining risk before trading helps traders avoid losses and make better decisions. Successful traders focus on planning and discipline rather than just chasing setups. Managing risk effectively creates long-term success and reduces the chances of unnecessary losses….
As Bitcoin (BTC) hit all-time highs, two major names in crypto areas, Bitwise Asset Management and CF Benchmarks, have come out with their predictions for 2025. Both firms identified four pivotal trends set to shape the coming year: crypto A.I. agents, stablecoins, crypto exchange-traded funds (ETFs) and asset tokenization. Crypto ETFs called 2024 records shattered…