December 6, 2024 at 04:55 AM GST updated: December 6, 2024 at 04:44 AM 2 mins read News Worksport invests $5M in Bitcoin and XRP, stock jumps 9%. Crypto payments to cut Worksport’s transaction costs by 37%. Worksport allocates 10% of excess cash to Bitcoin and XRP. Worksport, a Nasdaq-listed Company specializing in pickup truck…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Meme coins have been the life of the crypto party for years, blending internet humour with financial opportunities that sometimes defy logic. As December 2024 unfolds, a new wave of meme coins is here, sparking both curiosity and FOMO among crypto enthusiasts. What makes this month particularly special? It’s…
Bitcoin’s recent $100k milestone has many speculating about the timing. While Q4 is generally a bullish quarter, the surge in Bitcoin’s price reportedly came on the back of increased institutional demand and strong buying activity from the US. Buying pressure coincides with the holiday season, which may enhance market euphoria due to the “Holiday Effect.”…
Recent trading activity indicates that BONK is maintaining stability at the critical $0.00004002 support level. This stabilization comes after a period of downward pressure, raising speculations of a rebound on the horizon. With bulls showing signs of resilience, the stage is set for a comeback that could redefine BONK’s near-term trajectory. Will this level be the…
ETH resistance level at $3,920 could be critical for a milestone breakout. The king altcoin whale activity and high inflows signal bullish momentum. Ethereum [ETH] is consolidating within a flag pattern, hinting a potential significant move. The altcoin is currently testing the critical resistance level at $3,920. Notably, this resistance has rejected ETH five times…
Home » Journal » Best Meme Coins to Invest in December 2024: BTFD Coin Raises $1M, Dogecoin Holds at $0.07, and Memecoin Hits $2B Market Cap The crypto scene is buzzing, and the excitement couldn’t be louder for meme coins this December. BTFD Coin, a new…
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Amazon (AMZN) executive chair Jeff Bezos is very optimistic about the future of his company’s stock ahead of Donald Trump’s return to the US presidency. The Amazon founder said he is “optimistic” about President-elect Donald Trump’s second term in office. He also expressed some excitement about potential regulatory cutbacks in the coming years. “I’m actually…
Solana stabilizes above $221 support after recent all-time high Funding rates remain positive, signaling sustained bullish sentiment Bitcoin correlation drops to 0.43, suggesting potential independent rally In the wake of reaching its historic peak at $264, Solana has entered a critical consolidation phase, finding equilibrium above the significant $221 support level. This price action comes…
Donald Trump has appointed David Sacks, known for co-hosting the “All In” podcast, as his chief AI and crypto adviser. Source link
Bitcoin shrank under the $100,000 psychological level after hitting a new all-time high yesterday; the Bitcoin market was liquidated to more than half of a billion dollars just in a day. The crypto market has seen massive market liquidations of up to $565 million on Bitcoin (BTC) alone, as the coin reached a new all-time…
US-based manufacturer Worksport is the latest institution to jump on the crypto wave. The company announced that it would adopt Bitcoin and XRP for its corporate treasury and revealed how much it has allocated to purchase these coins and begin the crypto strategy. Worksport To Adopt Bitcoin And XRP In a press release, Worksport announced…
Spacecoin, an upcoming Decentralized Physical Infrastructure Network (DePIN) project, announced plans to launch its first satellite, CTC-0, on December 21. The satellite is being labeled as the first-ever decentralized satellite constellation to provide global 5G internet access. Spacecoin’s Satelite Will Use Elon Musk’s SpaceX Falcon 9 Rocket CTC-0 will launch aboard SpaceX’s Falcon 9 rocket…
On Thursday, the price of the world’s largest crypto plunged to its lowest level in over a week within minutes, sparking over $1 billion in digital asset liquidations before sharply rebounding. Starting at 5:26 pm ET, Bitcoin’s price plunged 6.3% to a low of $92,000 within three minutes. It then quickly rebounded above $97,600 before…
A sudden drop in Bitcoin (BTC), the world’s largest asset has resulted in the liquidation of a significant $1.10 billion worth of long and short positions in the past 24 hours. Of this massive liquidation, BTC alone accounted for $565 million, with $417 million coming from long positions and $145 million from short positions, as…
Blockchain technology is evolving at lightning speed, and with it comes a wave of groundbreaking innovations. If you’ve been keeping an eye on the crypto world lately, one name might already be buzzing on your radar—Lightchain AI. This isn’t just another blockchain project vying for attention. With its revolutionary Proof of Intelligence (PoI) consensus mechanism…
On Thursday, while bitcoin hit an all-time high in price, XRP, currently the fourth-largest cryptocurrency, faced a less fortunate day. It dropped 3.9% against the U.S. dollar. Despite the slip, XRP remains on an impressive upward trajectory, boasting a 56% gain over the past week. From $2.25 to Big Bets on Polymarket: XRP’s Tumultuous Ride…
Cryptocurrency mining company BIT Mining announced striking results regarding Bitcoin and altcoin mining in its latest statement. While these results indicate a significant strategy change in the cryptocurrency mining industry, BIT Mining announced that Dogecoin (DOGE) and Litecoin (LTC) mining yielded much more profitable results compared to Bitcoin (BTC) mining. Accordingly, BIT Mining announced that…
Worksport (WKSP), a New York-based manufacturer of trailer covers and a Nasdaq-listed company, has announced its intention to allocate up to 10% of its cash reserves to Bitcoin and Ripple’s XRP. This strategic move aims to shield its assets from inflation while improving financial transactions, as the company strives to strengthen its market position with…
The cryptocurrency market is filled with excitement this December. With new opportunities emerging and established projects gaining momentum, investors are eagerly diving into some of the best cryptos to buy for December 2024. Each coin offers unique opportunities, and the market sentiment is shifting toward innovation and long-term growth. Recent updates from two major cryptos,…
December 6, 2024 at 05:00 AM GST updated: December 5, 2024 at 09:04 PM 9 mins read Prediction As the non-fungible token marketplace grows, blockchain projects are increasingly exploring the potential of NFTs and their farming. Among these, SuperVerse is gaining attention as it aligns with the expanding role of NFTs in decentralized finance. This…
Balances decreased to 12.45 million BTC, the lowest level since July 2022, as Bitcoin long-term holders decreased their stakes. The question everyone is worried about is whether this would impact Bitcoin value in the near future. In the meantime, U.S. spot ETFs approached Satoshi Nakamoto’s reserves in stock. Analysts also pointed to a bearish head…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 If you thought 2024’s crypto market was winding down, think again. Monero (XMR) just hit a two-year high of $211, fuelled by growing interest in privacy coins. At the same time, Immutable X (IMX) has taken the Web3 gaming world by storm with its $1 million player rewards initiative…
The post $1.10 Billion Crypto Liquidation in Bitcoin Crash, What’s Happening? appeared first on Coinpedia Fintech News A sudden drop in Bitcoin (BTC), the world’s largest asset has resulted in the liquidation of a significant $1.10 billion worth of long and short positions in the past 24 hours. Of this massive liquidation, BTC alone accounted…
With an inverted head and shoulders pattern signaling a potential bullish flag breakout, could PEPE rise to $0.000030? Meme coins are poised for a major breakout event as part of a broader market recovery. PEPE is showing signs of breaking out from a long-standing resistance zone on the 4-hour chart. The underlying potential and price…
BNB soars to new highs on the heels of robust demand from the derivatives segment. BNB outperforms BTC in YTD gains, and on-chain starts indicate accelerating momentum. Binance Smart Chain’s native cryptocurrency BNB could be on the verge of clocking $800. Demand for the cryptocurrency pushed to new historic highs in the last 24 hours,…
Home » Journal » Can BlockDAG’s Utility-Focused Model Achieve a 30,000x ROI, As Dogecoin Price Rises & PEPE Sees Surge Dogecoin’s recent 15% spike has pushed its price to $0.4114, reinforcing its status as the pioneer meme coin. Meanwhile, PEPE’s value has exploded by 95% this…
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The digital payments market is poised for outstanding growth, fueled by efficient and convenient payment methods for consumers, led by Visa (V). Visa’s Q3 was a very productive one, with gains all around in revenue and production. The credit card processor reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of…
The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.” Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP’s bullish signals point to a breakout above $5 as altcoins like Rexas Finance (RXS) emerge as top contenders for significant returns. XRP’s trajectory suggests a strong finish above $5 in 2024, backed by…
BitFuFu, a player in the Bitcoin mining and cloud-mining services sector, has officially launched its private-label mining pool, known as BitFuFu Pool. The pool will attract both institutional and retail miners by offering competitive commission rates starting at just 0.4%. As part of its expansion strategy, BitFuFu has also announced its plan to allocate its…
Bitcoin’s (BTC) recent breach of the $100,000 price level has sparked discussions among analysts about market conditions and potential risks — while some metrics suggest caution, others indicate room for further gains, according to analysts. VanEck head of digital assets research Matthew Sigel observed that only a few indicators suggest a market peak, leaving room…
OpenSea users are wondering about a possible token launch after a vague post on the company’s X account. Community opinion is divided on whether such a launch would help build interest or become a final rugpull. Trade volumes at the NFT marketplace have slowed to a crawl, and it might face an SEC legal battle….
Now available in open beta, MYRIAD is the evolution of Decrypt and Rug Radio’s interconnected media ecosystem, integrating on-chain prediction markets into news stories and creator content. Here’s how it works, and how to get started. What is MYRIAD? MYRIAD is a new platform that integrates prediction markets alongside written and video content from Decrypt…
Phantom Wallet, one of the most widely used Web3 access points, is planning to add support for the SUI network. The wallet, which until recently supported Bitcoin, Ethereum, and Solana, will add its fourth L1 chain. SUI and its ecosystem will soon be accessible through Phantom Wallet, one of the most widely used Web3 apps….
Anchorage Digital, a U.S.-regulated digital asset platform, has announced support for Liquid Collective’s liquid staked ETH (LsETH), enabling institutional clients to access liquid staking opportunities with enhanced security and flexibility. Anchorage Digital Introduces Institutional Liquid Staking Institutions such as venture capital firms, wealth managers, and blockchain protocols can now stake ether (ETH) through Anchorage Digital…
The world’s largest crypto exchange has announced the launch of an on-chain yield feature on its Binance Earn platform. According to an official release sent to CryptoPotato, Binance On-chain Yields will enable users to participate in on-chain protocols and earn rewards using their accounts on the crypto exchange. Binance Announces On-chain Yields With Babylon The…
Bitcoin (BTC) exceeded $100,000 in the morning hours, marking a historic moment, and the rise is expected to continue. While there are different price predictions for BTC at this point, on-chain data platform IntoTheBlock stated that Bitcoin’s cycle top is expected to be between $130,000 and $190,000. IntoTheBlock, in a post from the X account,…
Altcoin traders are finding renewed optimism as Bitcoin prices rise, uplifting market sentiment. Following a challenging 2021 that saw altcoins suffer losses exceeding 90%, recent trends indicate a more positive outlook. This report examines the latest predictions for CEEK, ARB, and LUNA Coins. What Are the Trends for CEEK Coin? CEEK Coin is striving to…
Meme coins have captured the hearts of crypto enthusiasts over the years. From the meteoric rise of Neiro to the outrageous success of Ponke, these playful tokens prove that internet culture and finance make for a wild ride. In 2024, meme coins are back in the spotlight, not just as jokes but as serious players….
December 6, 2024 at 04:15 AM GST updated: December 5, 2024 at 09:43 PM 5 mins read Press Release Meme coins have taken the crypto world by storm over the past few years. What started as a quirky trend with Dogecoin and Shiba Inu has grown into a full-blown phenomenon. These coins have successfully blended…
XRP price predictions have gained attention as Ripple expansion introduces a new stablecoin designed to revolutionize cross-border transactions. Recent analysis suggests that the XRP price could rise to $10, fueled by increasing adoption and financial institution integration. Meanwhile, a significant spotlight is shifting toward ETFSwap (ETFS). It’s an emerging platform already making waves in the…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Bitcoin ascent beyond the $100,000 mark has set the financial world abuzz. This bullish trajectory signals a seismic shift in its journey from niche digital currency to a global financial asset. During an interview, Robinhood CEO Vlad Tenev offered insights into the asset’s historic rally and implications. He…
Bitcoin continues its dramatic price surge after incoming US President Donald Trump made a few crypto-friendly picks for his next cabinet. Bitcoin Breaks Past $100K Hours after announcing that he’ll likely nominate Paul Atkins for the Securities and Exchange Commission (SEC) post with current chair Gary Gensler stepping down on inauguration day, Bitcoin makes another…
A heated debate has erupted within the XRP community as Tony Edward, the founder of the Thinking Crypto Podcast, challenges wild price predictions for XRP. He dismissed figures like $589 as unrealistic and grounded in fantasy. Edward has set a conservative price target for XRP, predicting a range between $5 and $8 for this market…
Este artículo también está disponible en español. The Bitcoin price has soared above $100,000 for the first time ever, sparking optimism among market participants. In line with this development, crypto analyst Xanrox has provided insights into whether more gains lie ahead for Bitcoin or whether this rally above $100,000 could be a potential bull trap. …
AMP crypto was 200% in the past month as an analyst projected more upside. Sell pressure increased, suggesting investors booked profits. Amp [AMP] has soared 210% from its November lows, mirroring broader uptrend momentum in the altcoin sector. According to crypto analyst CJ Bennet, the altcoin could surge beyond its all-time high of $0.09 in…
Home » Journal » Can Dogecoin (DOGE) Breach $0.6? Expert Links the Memecoin’s Moves to Bitcoin Dogecoin (DOGE) displays potential bullish momentum as crypto analysts identify a correlation between DOGE and Bitcoin price movements. Trading experts Captain Faibik and Rekt Capital share technical analyses suggesting DOGE…
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…