Ethena (ENA) didn’t let the significant sell-off by Arthur Hayes deter its uptrend. Hayes, after publicly supporting Ethena Labs, unstaked 9 million ENA and sent 7 million ENA ($8.44 million) to Binance today. He previously withdrew 16.79 million ENA from Binance in late November at $0.666 for an estimated $8.71 million profit (+78%). Hayes currently…
The final two weeks of the year are proving to be devastating for the cryptocurrency market. With assets across the board losing value, traders are looking to the coming year and what it could mean for their recoveries. Among the assets expected to surge the most is Chainlink (LINK), which has been predicted to surge…
As Dogecoin makes a comeback off the back of Bitcoin’s surge, some may be pondering: Where did the asset come from? What’s it for? And what’s Tesla CEO Elon Musk got to do with it? The original meme coin’s boom largely has the world’s richest man to thank. Musk’s obsession with shitposting helped boost the…
Tether has made a bold partnership by investing $775 million into Rumble, a video-sharing platform and cloud services provider. Rumble is the closest competitor to YouTube and is famous for its uncensored content. Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to…
The Crypto-All Stars ($STARS) presale has finally come to a successful end with nearly $26 million raised from investors. Now, the meme coin staking protocol is preparing to have its native token listed in the most important decentralized exchanges (DEXs). Trading for $STARS begins on December 23 at 2 p.m. (UTC), with analysts forecasting the…
Norway has embraced the digital revolution in finance, and cryptocurrency (kryptovaluta) is no exception. From innovative blockchain startups to everyday use cases, Norwegians are diving headfirst into this exciting market. As the crypto market is highly interconnected, a good portion of its trend in Norway can be explained by global crypto trends. Global Crypto Resurgence…
In a recent recovery on Saturday, Solana-based BONK led the rally among dog-themed meme coins, as Bitcoin bounced back above $98,000 after a steep drop to around $93,000 on Friday. Memecoins Surge As per data from Coingecko, BONK surged 30%, while Dogecoin, Shiba Inu, Dogwifhat and Floki Inu surged as much as 20%. Notably, the…
– Advertisement – As 2025 approaches, Litecoin and Tron are emerging as potential leaders among altcoins. Transaction volumes for LTC and TRX have increased on ChangeNOW, a service for exchanging cryptocurrencies without registration. This surge suggests that savvy investors and large holders concerned about fund safety are accumulating these coins. The growing activity on ChangeNOW…
The non-fungible token (NFT) market is witnessing a resurgence as sales volume reaches $636.8 million in December 2024, according to Cointelegraph. This marks the largest monthly sales volume since April, highlighting renewed interest in digital collectibles and blockchain-based assets. This uptick in sales signals a rebound for the NFT space, which has faced challenges in…
The Nigerian Securities and Exchange Commission (SEC) has announced new laws that will regulate the practices of crypto influencers in the country. This new regulation represents an update to the previous rules governing the industry. Per the new development, all crypto platforms must obtain a license from the body before they can carry out any…
Stories of early investing that made a few impressive and filled pockets aren’t new to the Cryptocurrency crowd. Solana (SOL) is one such example, which at one point returned a staggering amount to those whose average starting investment sat at $0.50. Now, Rexas Finance (RXS) seems to be following the same path and allowing investors…
Relai’s $1.2 million Bitcoin purchase reinforces corporate confidence in digital assets as a financial reserve strategy. Bitcoin’s market cap has grown to $1.94 trillion, reflecting a 3.95% increase alongside active trading volumes of $173.75 billion. Bitcoin’s fully diluted valuation reached $2.06 trillion, with notable trading peaks observed in mid-March and late December. Swiss-based digital assets…
The Consumer Financial Protection Bureau (CFPB) has announced legal action against JPMorgan Chase, Wells Fargo, and Bank of America due to significant fraud losses experienced by customers using the Zelle payment platform. A staggering $870 million was reported lost to scammers, raising urgent concerns about the security measures in place at these financial institutions. What…
December 21, 2024 at 07:30 PM GST updated: December 21, 2024 at 03:04 PM 4 mins read Press Release Large-scale investors in Bitcoin and Ethereum are now directing their focus to a new memecoin that’s quickly gaining momentum. This new digital currency is attracting attention due to its potential for enormous growth. Some predict it…
Home » Journal » Whales Drive Bitcoin’s December Rally: Where is the BTC Price Headed? Bitcoin’s price action in December 2024 has been marked by milestones, drawing observations from traders and industry analysts. With the crypto breaking through key resistance levels and reaching a new ATH,…
The Consumer Financial Protection Bureau (CFPB) reported that customers of JPMorgan Chase, Wells Fargo, and Bank of America lost a total of $870 million to fraud via Zelle. This alarming figure highlights the vulnerabilities present in the widely-used payment platform and raises questions about the responsibilities of financial institutions to protect their customers. Major Banks…
U.S. crypto regulations shift towards pro-crypto policies, boosting market growth. Stablecoins’ market value surged to $193B, with projections to hit $3T by 2030. DeFi matures with more integration into traditional finance, enhancing efficiency. The latest Coinbase report looks at the crypto market outlook for 2025 unfolds with legal certainty and new technologies set to spark…
Cryptocurrency analytics firm Alphractal has provided insight into the latest Bitcoin market dynamics by revealing the relationship between the Funding Rate of perpetual futures contracts and Bitcoin price action. The Funding Rate, which reflects the balance between buyers and sellers, tends to rise when optimism dominates the market. A high Funding Rate usually indicates an…
The meme coin market is buzzing with excitement, as the digital asset world sees new players breaking into the scene. Initially seen as jokes or niche community projects, meme coins have evolved into major contenders in the crypto space. With fresh and unique approaches to decentralised finance (DeFi), meme coins are capturing the attention of…
Ethereum price appears stuck between critical psychological levels, with the cryptocurrency struggling to break above the $4,000 mark, according to crypto analyst Rekt Capital. Over the past month, Ether has crossed this threshold multiple times, peaking at $4,077 on Dec. 6, but it has failed to sustain momentum, data from CoinMarketCap reveals. In a Dec….