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Bitcoin’s struggles continue as the asset fails to initiate a notable recovery, and its price is still below or around $96,000. The altcoins are not in great shape either, with many, such as XRP, ADA, and AVAX, still 3-4% down on a daily scale. BTC Keeps Struggling A lot can change in the cryptocurrency markets…
11h05 ▪ 3 min read ▪ by Eddy S. In a strategic move amid a volatile crypto market, large investors, commonly known as “whales”, have accumulated over 250 million Dogecoin (DOGE). This significant acquisition occurred as the price of dogecoin was declining, drawing market attention due to its timing and scale. Crypto: Whales accumulate over…
Renowned financial commentator and gold advocate Peter Schiff, who has long been a vocal critic of cryptocurrencies like Bitcoin, has turned heads once again with his latest suggestion: a government-backed cryptocurrency dubbed “USAcoin“ Schiff’s idea, shared via social media posts and interviews, has sparked a heated debate within the crypto community and beyond. Surprisingly, the…
What Happened In Crypto Market: Why is the crypto market down today Metaplanet Expands Bitcoin Holdings to $168M Japanese-listed company Metaplanet has bolstered its cryptocurrency reserves with the purchase of an additional 619.7 BTC, valued at approximately $59 million. This acquisition brings the company’s total Bitcoin holdings to 1,761.98 BTC, now worth an estimated $168…
XRP Price has recorded significant transaction activity on Binance despite ongoing market corrections. The broader crypto market faces a downturn, with most tokens trading in the red, including Ripple. Bitcoin hovers below $96K, reflecting current bearish trends. crypto expert, however, anticipate a potential XRP price surge to the $4, If bullish sentiment return despite prevailing…
The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about Terra USD (UST) after the stablecoin lost its $1 peg. The regulator alleges that Tai Mo Shan participated in trading designed to create the false impression UST’s advertised algorithm solely sustained its price. When UST…
MicroStrategy’s Michael Saylor has unveiled a new Bitcoin reserve plan worth $81 trillion. The plan targets changes in the cryptocurrency market. It aims to push Bitcoin adoption forward while dealing with regulatory uncertainty. Saylor wants to make the US the leader in digital assets. Also Read: Experts Predict 3,000% Surge for These Altcoins—XRP Not Included…
Cardano’s (ADA) price has decreased by roughly 18% in the last seven days, aligning with the broader market condition after a period of consistent upswing. But besides the price, Cardano network activity has also felt the heat. This overall decline around the project has raised concerns about the altcoin’s short-term performance. According to this on-chain…
Hines will work with David Sacks who Donald Trump named the “White House AI and Crypto Czar” Trump said the two will “create an environment where this industry can flourish” President-elect Donald Trump has named Bo Hines Executive Director of the Presidential Council of Advisers for Digital Assets, or the Crypto Council. In a post…
.Michael Saylor, co-founder and executive chairman of Microstrategy, has presented a framework that aims to position the U.S. and the dollar as leaders of the global digital economy. Defining what digital assets are, establishing a simplified responsibility model, and specifying standards for their issuance, are Saylor’s ideas to achieve this goal. Michael Saylor Introduces Guidelines…
Despite being the most decentralized cryptocurrency in the industry, Bitcoin has faced challenges with being available to miners of any size. Prosper is tackling this issue head-on by creating a decentralized protocol. It will allow the community to get involved in the action. It does this through the $PROS native token and its carefully designed…
Uniswap is moving deeper into decentralized finance. It has launched its very own layer 2 solution. Currently active in testnet, the new product Unichain is attracting developers. Built using the OP Stack framework, this new project is all about improving scalability and security in DeFi. While the official mainnet launch is still months away, there’s…
The blockchain industry aimed to make waves in Washington, and Ripple’s hefty donation of XRP tokens to Donald Trump’s inauguration was certainly unexpected. With one large gesture of support for the incoming president, the payments startup showed its plans to steer political winds favourably for the emerging technology sector. Crypto Leaders Rally Behind Trump’s Inauguration…
Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed’s announcement about reducing rate cuts in 2025 hit the market hard. The drop led to BTC posting its first weekly decline…
Injective and Sonic, a game platform using the Solana Virtual Machine (SVM), have teamed up to create the first cross-chain artificial intelligence (AI) agent platform. This new project will use Sonic’s HyperGrid technology to connect the Injective and Solana ecosystems, creating a Smart Agent Hub for developers. The Smart Agent Hub will use the Inter-Blockchain…
Metaplanet’s record 619.7 BTC buy cements its status as Asia’s Bitcoin leader, with holdings worth $168M. The firm’s BTC Yield soared 310%, highlighting the success of its bold Bitcoin strategy and its commitment to shareholder growth. Despite stock fluctuations, Metaplanet’s shares surged 2,100% in 2023, fueled by confidence in its Bitcoin-focused approach. Japanese investment firm…
Uniswap is gearing up to introduce its Layer 2 solution, Unichain, which is built on the OP Stack infrastructure, with plans for a mainnet launch in early 2025. The initiative has been operational on Ethereum’s Sepolia testnet since October and has successfully processed over 50 million transactions, boasting an impressive uptime of over 99%. Scheduled…
December 23, 2024 at 01:40 PM GST updated: December 23, 2024 at 12:37 PM 2 mins read News Bitcoin’s $2T market cap is central to Michael Saylor’s $590T digital asset growth proposal for the U.S. economy. Saylor’s framework advocates for regulatory clarity, a Bitcoin reserve, and expanding digital markets to $590T. The proposal aims to…
Home » Journal » Meme Coins Vs DeFi: Which Will Be Better To Hold Long Term: Pepe, Floki Inu, Or Rollblock? When it comes to the crypto world, choosing between DeFi gems and a good ol’ meme coin feels like picking between logic and chaos. On…
Uniswap is set to launch its Layer 2 solution, Unichain, based on the OP Stack infrastructure, with the mainnet scheduled for early 2025. Since October, the project has been operational on Ethereum’s Sepolia testnet, completing over 50 million test transactions and achieving an uptime of over 99%. On January 6, 2025, the testnet will undergo…