December 17, 2024 at 05:48 PM GST updated: December 17, 2024 at 05:01 PM 2 mins read News Justin Sun’s ETH maneuvers spark trader interest, with $366M profit and potential sell-offs looming amid $4,000+ prices. Ethereum eyes $4,614 as bullish patterns form; $3,500 support holds firm amid price volatility and steady trading volumes. Long-term targets…
Two major developments in blockchain technology emerged this week, highlighting ongoing efforts to enhance scalability and efficiency across layer-1 networks. Avalanche rolled out its largest upgrade to date, Avalanche9000, introducing improvements that reduce costs for launching subnet blockchains and running smart contracts. Meanwhile, Monad Labs announced the formation of the Monad Foundation, an independent entity…
In a recent development that caught the eye of many in the cryptocurrency world, Justin Sun, the creator of Tron (TRX), made comments alluding to a major announcement related to the TRX coin. Through an oblique online statement noting that “a sizeable event is imminent” for TRX, Sun ignited rampant theorizing and intense interest among…
Roger Ver, famously known as “Bitcoin Jesus,” is locked in a $48 million tax dispute with the IRS. The accusations stem from alleged tax evasion after Ver renounced his U.S. citizenship. In December 2024, his legal team requested the dismissal of the charges, arguing that unclear tax rules and improper prosecution were at play. The…
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Investors like to see capital-allocation hierarchies, and Nasdaq-100 (NDX) is one of them. Year-to-date, this index grew by 32%, capturing the performance of the 100 largest non-financial firms. Nearly 60% of Nasdaq 100 companies…
Ripple has made it official—everyone can now use its RLUSD stablecoin starting today, December 17, 2024. Given Ripple’s deep expertise in global payments, this addition will contribute to bolstering the XRP Ledger and further developing Ripple’s growing financial ecosystem. Ripple’s President, Monica Long, shared her insights on the launch, stating: “The world of stablecoins is…
– Advertisement – Popular meme coins have made headlines with massive gains, but there are hidden gems in the crypto world with even greater potential. A small investment now in certain altcoins could grow into millions by 2026. This article uncovers five promising tokens that might transform a modest $10 into a fortune, revealing why…
Grayscale Research Predicts Current Bull Run Could Extend Into 2025 and Beyond – BitcoinWorld Skip to content Home News Crypto News Grayscale Research Predicts Current Bull Run Could Extend Into 2025 and Beyond Source link
The crypto market is continuing its bullish streak, as investors fuel the optimism. This led to the market cap climbing 2.87% to $3.76 trillion in 24 hours, and the trading volumes shooting up 21.38% to $206.02 billion. Amidst this, the Fear & Greed Index highlights an “Extreme Greed” score of 81. Bitcoin Price Today Bitcoin…
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Pfizer has reaffirmed its guidance for the full year 2024 and provided new projections for 2025. The pharmaceutical giant has set its revenue expectations for 2025 between $61.0 billion and $64.0 billion, with adjusted…
Bitcoin (BTC) mining is a revenue stream for Europe’s excess energy while stabilizing power grids. Given the increasing reliance on renewable energy, miners consume unused electricity that would otherwise be surplus. The energy systems that Bitcoin mining supports while simultaneously generating profits are turning this technology into a strategic energy asset. Bitcoin Mining Balances Germany’s…
– Advertisement – Singapore, Singapore, December 17th, 2024, Chainwire Xterio aims to redefine AI-human interaction with emotionally adaptive companions that evolve with users. In an era where artificial intelligence is reshaping industries, Xterio is taking a bold step forward by partnering with Reka, a leading AI startup, to develop emotionally intelligent AI agents that promise…
Xterio Partners with Reka to Build Emotionally Intelligent AI Agents for Gaming and Beyond – BitcoinWorld Skip to content Home Press Release Xterio Partners with Reka to Build Emotionally Intelligent AI Agents for Gaming and Beyond Source link
The effects of LastPass’ cyber attack that was recorded in 2022 are now affecting those who hold cryptocurrencies as over $5.36 million was stolen. This was discovered by blockchain detective ZachXBT, who shared that the “LastPass threat actor” attacked more than 40 addresses in the latest heist. The Latest Attack: $5.36 Million Stolen ZachXBT said…
Blockchain payments firm Ripple Labs Inc. is launching its new stablecoin, RLUSD, on global exchanges starting Tuesday, December 17, 2024. According to the announcement, RLUSD is designed as an easy-to-use stablecoin that operates strictly under compliance. With the RLUSD launch, Ripple aims to set a new standard in the stablecoin market. Ripple Labs RLUSD Debut…
The Bitcoin mining firm Riot Platforms has greatly diversified its holdings after adding 667 BTC to its portfolio for some $67.5million. This acquisition was made possible through the firm’s $594 million convertible bond offering that was recently carried out. This Bitcoin news came as BTC price sees good recovery. With this addition, Riot’s total Bitcoin…
Bitget crypto exchange has obtained a Bitcoin Service Provider (BSP) license in El Salvador from the Central Reserve Bank. This approval allows Bitget to provide important services for Bitcoin like fiat exchanges, payment processing and management of bitcoin. However, Bitget aims at diversifying its approach to the Latin American market and obtaining additional licenses for…
Defunct cryptocurrency exchange FTX plans to kickstart the “initial distribution” of funds to customers affected by its bankruptcy in 2022. This FTX news kicked some market euphoria. Based on the plan, the distribution will be carried out through Kraken and BitGo. Precisely, the repayment process will become effective from January 3, 2025. FTX News: Latest…
Ethereum was poised for a breakout with its bullish cup and handle pattern targeting $6,000. Ethereum price prediction points to a pretty picture, but there is a catch. Following the formation of the cup, Ethereum is now in the handle phase, preparing for an upward move. However, retail were betting against the price surge; will…
Donald Trump’s World Liberty Financial (WLFI) has added more crypto assets to its investment portfolio. They did a new acquisition of Ondo Finance (ONDO) tokens. On the 15th of December, WLFI exchanged 250,000 USDC for 134,216 ONDO crypto through the CoW protocol. They paid an average of $1.86 per token. The transaction, which occurred at…