On Thursday, the Bank of Japan (BOJ) maintained its key interest rate unchanged and refuted demands for a rate increase following Trump’s tariff fear. This includes a collapse in the yen and its slow growth just before the parliament returns to Tokyo for a pivotal session next week. According to The Japan Times, the BOJ’s…
Cryptocurrency markets are buzzing with signs of a major shift. Smaller coins are gaining momentum, sparking speculation about explosive growth ahead. Some projects are standing out with massive potential, capturing the attention of keen investors. Could these hidden gems be the next breakout stars? With the clock ticking toward year-end, the stage is set for…
The Federal Reserve has recently reduced interest rates by 25 basis points, leading to notable ramifications in the cryptocurrency market. Bitcoin (BTC) fell below the critical threshold of $100,000, prompting significant sell-offs across various digital assets. Major altcoins, including Ethereum (ETH) and XRP, also faced considerable declines in value due to this shift. What Happened…
December 19, 2024 at 09:35 AM GST 2 mins read News Bitcoin’s price surge drives mining machine demand, causing price hikes and severe supply shortages globally. Popular mining machines like Antminer S21 see a 30% price jump as global investors buy in bulk for Bitcoin mining profits. Low electricity costs in regions like Canada and…
El Salvador’s move to scale back its Bitcoin initiatives as part of a $1.4 billion IMF loan deal, and renewed debates over Bitcoin’s fixed 21 million supply cap following BlackRock’s latest explainer video, highlight ongoing tensions between the cryptocurrency’s transformative potential and the practical challenges it faces. Bitcoin’s 21 Million Supply Cap: Unwavering or Vulnerable?…
The Federal Reserve’s decision to cut interest rates by 25 basis points has unexpectedly impacted the cryptocurrency market. Bitcoin (BTC) $100,709 fell below the psychological threshold of $100,000, resulting in sharp sell-offs across the market. Major altcoins such as Ethereum (ETH) $3,655 and XRP also experienced significant losses due to this decline. Bitcoin and Altcoins…
XRP’s ecosystem relies on holders to maintain liquidity for seamless cross-border transactions. Breaking below $2.45 support could trigger further bearish momentum for XRP prices. A move above the $2.60 resistance may signal bullish momentum toward the $2.65–$2.70 levels. XRP plays a significant role in digital payments by facilitating seamless transactions without requiring users to directly…
BitMEX co-founder Arthur Hayes has predicted significant turbulence in cryptocurrency markets around the scheduled presidential inauguration date of Donald Trump on January 20, 2025. Arthur Hayes Predicts Crypto Market Volatility During Trump’s 2025 Inauguration Hayes expressed his concerns in a social media post, suggesting that this incident could trigger a “regrettable dump” in crypto markets….
The meme coin market continues to electrify crypto investors with its mix of humour, innovation, and high-growth potential. Recent developments, like Shiba Inu’s forthcoming liquid staking upgrade and Dogecoin’s bullish technical indicators, highlight the evolving opportunities in this space. At the centre of this buzz is BTFD Coin, a standout newcomer with a booming presale…
Coinbase has successfully fended off a restraining order sought by BiT Global as a California court ruled in favor of the exchange’s decision to delist Wrapped Bitcoin. The Hong Kong-based company BiT Global is allegedly tied to crypto entrepreneur and Tron founder Justin Sun, who had sought the order to prohibit Coinbase from removing Wrapped…
Victoria, Seychelles, December 19, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has secured a Bitcoin Service Provider (BSP) license from El Salvador’s Central Reserve Bank (Banco Central de Reserva). The authorization enables Bitget to offer services such as Bitcoin-to-fiat currency exchanges, Bitcoin payment facilitation, and secure Bitcoin custody solutions for its clientele….
Join Our Telegram channel to stay up to date on breaking news coverage The Solaxy (SOLX) token presale is selling like hotcakes, raising $2.2 million in just its first four days at a run rate exceeding $500k a day. Solaxy is building a Solana Layer 2 protocol that bears down on the congestion and failed…
BNSOL’s performance solidifies its position as a major participant in the expanding liquid staking ecosystem, with over 4.8 million SOL staked. BNSOL has made a name for itself in the Solana liquid staking environment since its launch in September 2024. Today, Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange in the world…
SafeWallet just leveled up! The trusted non-custodial crypto wallet has rolled out a slick new app update, bringing even better functionality and tighter security. Managing your digital assets has never been easier (or safer). Already loved by thousands, this update is a must-have for crypto enthusiasts. What are the updates in SafeWallet? The most recent…
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As the countdown to Christmas begins, the crypto market is buzzing with anticipation to see if the festive spirit will ignite a record-breaking rally this year. Historically, Bitcoin (BTC) has delivered a “Santa Rally” during halving years, characterized by bullish price movements in the week leading up to Christmas. The question remains: Will this year…
Timothy Morano Dec 19, 2024 05:09 NVIDIA introduces CUDA-accelerated homomorphic encryption in Federated XGBoost, enhancing data privacy and efficiency in federated learning. This advancement addresses security concerns in both horizontal and vertical collaborations. NVIDIA has unveiled a significant advancement in data privacy for federated learning by integrating…
Russia criticized U.S. threat diplomacy as BRICS advances efforts to reduce reliance on the dollar, citing flawed U.S. policies and escalating global economic tensions. Russia Calls Out US ‘Threat Diplomacy’ Amid Dollar Power Struggle The standoff over the global role of the U.S. dollar has intensified, with BRICS nations readying to counter President-elect Donald Trump’s…
As the crypto market closes its books on 2024, a wave of optimism is sweeping through the final days of the year. December’s end brings not just festive cheer but also an opportunity to spotlight the coins that have captured attention with their strong year-end momentum. So far, $CHO, $DOGE, and $HYPE are looking like…
– Advertisement – Cardano’s research agenda prioritizes scaling Ouroboros for higher transaction throughput and efficient processing across a growing blockchain network. The Tokenomicon initiative explores flexible economic models, leveraging native assets and Babel fees for enhanced blockchain financial frameworks. Global Identity integration within Cardano aims to enhance transaction interoperability, governance functionality, and smart contract compatibility….