Investors have sued several individuals and entities associated with a cryptocurrency created by Hawk Tuah Girl Hailey Welch, amid a dramatic collapse of over 95% in the HAWK memecoin value on December 4, the same day it launched. Lawyers for the investors, in a filing dated December 19, claimed the case arose from the “unlawful…
Institutional players bought 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and 4.3% of its total circulating supply, according to a K33 Research report. The majority of the amount was purchased by spot exchange-traded funds (ETFs) and public-listed companies like MicroStrategy. The rise of US-traded spot Bitcoin ETFs emerged as a…
Bull markets are the time of exciting mainnet launches, airdrops and announcements. After the world’s shortest testnet, Kraken brought forward yesterday the mainnet launch of its Ink L2 rollup — months ahead of schedule. Then, Sophon, a consumer-focused validium L2 on the Avail data availability layer, also launched its mainnet. But the announcement that’s getting…
Canaccord Genuity is raising its price prediction for Meta Platforms (META) to $730, citing further growth potential for the stock. META is trading north of $600 a share at press time, growing 70% year-to-date. The Facebook creator expects its stock to be the head of an emerging market in 2025, which is encouraging investing experts…
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Venus Protocol, a leading lending platform in the multichain DeFi space, is excited to announce its…
Bitcoin mining companies MARA (formerly Marathon Digital) and Hut 8 announced substantial Bitcoin purchases on Thursday as more and more firms look to stockpile the leading cryptocurrency within their treasuries. MARA expanded upon a previously announced Bitcoin purchase from last week, boosting the tally to 15,574 Bitcoin at a total price of about $1.53 billion….
The crypto market wiped out over $1.1 billion in trader positions in just 24 hours. Both long and short traders took heavy losses, but long positions accounted for the bulk of the liquidation. A massive $1.03 billion came from longs, while shorts saw $155.02 million erased. The liquidation frenzy wasn’t limited to one or two…
This week, as bitcoin soared to a record-breaking $108,364, Didi Taihuttu, the Dutch man who famously sold his house and nearly all his belongings for bitcoin (BTC) in 2017, shared a post on social media to reflect on the decision. $300K to $10M: How One Family’s ‘Adventurous’ Decision Changed Everything The world first heard about…
While Bitcoin’s dominance has been steadily growing with each new ATH, the latest being above $108k, analysts believe altcoins will have their say soon. Based on their analysis, two top altcoins that could outperform BTC with rallies of more than 500% are Tron (TRX) and Avalanche (AVAX). Evan Luthra has predicted that TRX could finally…
As the cryptocurrency industry matures, regulatory compliance has become essential for companies aiming to thrive in the ever-evolving landscape. Leading cryptocurrency mining platform NiceHash has demonstrated its willingness to lead by example by relocating operations from the British Virgin Islands to Zug, Switzerland. This strategic move to Europe’s Crypto Valley will support NiceHash’s commitment to…
The crypto market continues to deliver in December 2024, with groundbreaking updates across several projects. Near Protocol (NEAR) recently showcased its advancements in scalability through BlockDAG technology, positioning itself as a leader in efficient blockchain architecture. Meanwhile, Stacks (STX) is making waves with its smart contract capabilities, bridging Bitcoin’s ecosystem with innovative decentralized applications. On…
– Advertisement – As some cryptocurrencies continue to soar, attention turns to emerging digital assets with high growth potential. This article uncovers promising tokens that could deliver significant returns in the next three months. Explore which coins are gaining momentum and might be poised to outperform the market, offering opportunities for substantial profits. Catzilla: Unleashing…
Mining cryptocurrency has become more accessible through cloud mining. People can now rent computing power instead of managing complex equipment at home. However, with growth and popularity come scams as well. Many users have been reported to have been scammed in the form of cloud mining platforms. To make yourself safe against these scams, it…
Ark Invest unloaded over $3 million worth of Coinbase shares from the ARKF ETF. The sale occurred after Coinbase recorded a 10% decline after Jerome Powell’s speech. According to the firm, the move aims to rebalance its fund weightings. Cathie Wood’s investment manager, ARK Invest, sold over 13,700 shares of crypto exchange Coinbase(COIN) on December…
Zug, Switzerland, December 19th, 2024, Chainwire Acurast, a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store. This application allows iPhone users to share their device’s computing power with Acurast’s decentralized confidential cloud network, offering an opportunity to earn rewards in return….
Grayscale launches Sui Trust with $12.88M AUM, offering institutional access to SUI. SUI price drops 12% despite Grayscale Trust, signaling potential volatility. Developer activity in the SUI ecosystem declines, raising concerns about growth. Grayscale Investments has launched the Grayscale Sui Trust, providing qualified investors a new route to gain exposure to SUI, the native token…
Bitcoin has witnessed a notable downturn, with its value plummeting to $97,500 recently. This sharp decline comes on the heels of significant losses in alternative cryptocurrencies, spurred by recent comments from the Federal Reserve. After peaking at $108,000 earlier this week, this rapid decrease in Bitcoin’s price raises questions about market stability and investor reactions…
December 19, 2024 at 11:15 PM GST updated: December 19, 2024 at 08:30 PM 4 mins read Press Release Ever wonder why some people seem to strike gold with early crypto investments while others are left wishing they had acted sooner? Think about Stellar’s early days. It started as a small, under-the-radar project, and those…
A recent global survey conducted by Binance reveals a surprising trend among cryptocurrency holders: memecoins are more commonly held than Bitcoin. According to the Binance Global User Survey released on December 18, 16% of participants reported holding memecoins, making them the most popular altcoin category among respondents. Bitcoin Takes a Backseat to Memecoins As the…
Home » Journal » Crypto Magnates Eye DOGEN as It Achieves a 10,000% ROI, Dominating the Meme Coin Surge A new contender in the meme coin market has sparked excitement with unprecedented gains. DOGEN, the latest surprise in the crypto world, has delivered a staggering 10,000%…