Luisa Crawford Dec 16, 2024 03:30 BitMEX announces the launch of VELOUSDT perpetual swaps, offering traders up to 50x leverage. The new listing will be available from December 16, 2024. BitMEX, a leading cryptocurrency exchange, is set to expand its trading offerings with the introduction of a…
December 28, 2024 at 08:25 PM GST updated: December 28, 2024 at 01:26 PM 2 mins read News Bitcoin ETFs experienced a net outflow of $288 million on December 27, 2024, with only one inflow day recorded since December 19. The highest single-day outflows in December reached $671.9 million, reflecting declining institutional confidence in Bitcoin….
Dropee Daily Combo January 04, 2025: Earn 1 Billion DRP Coins What is Dropee? Dropee is an engaging platform that merges gaming with cryptocurrency rewards using an entertaining “tap-to-earn” mechanism. Users can join different airdrop campaigns and earn bonuses by tapping and finishing tasks. With additional features on the horizon, including the launch of its…
The Bonk Decentralized Autonomous Organization (DAO) has carried out the much-anticipated token burn, burning over a trillion BONK tokens. This provides a bullish outlook for the top Solana meme coin, although its price has yet to react to this development. Bonk DAO Burns $52 Million BONK Onchain data shows that the Bonk DAO has burned…
HBAR, the native token powering the Hedera Hashgraph distributed ledger, has seen an 11% price surge in the past 24 hours. This price rally comes amidst a noticeable rise in demand for the token in the past few days. Technical analysis suggests that HBAR may be poised for further gains. This analysis highlights price levels…
Illegal cryptocurrency advertisements continue to circulate in the United Kingdom, even after the Financial Conduct Authority (FCA) ordered crypto projects to remove their promotions. FCA set new rules for crypto promotions in June 2023 owing to the risky nature associated with crypto markets. FCA’s Crypto Ad Takedown Requests Go Unanswered According to a Financial Times…
The crypto market today is recovering from losses from the past 48 hours, with the market cap adding 1.34% gains in 24 hours to reach an impressive $3.4 trillion. Trading volumes too have surged by 10.25% to $291.27 billion, signaling renewed optimism among investors. This has been evident with the Fear & Greed Index signaling…
$ONDO’s innovative yield strategies make it an exceptional choice in DeFi. $ARB and $SEI display groundbreaking advancements in scalability and speed. $STRK and $ENA show dynamic potential in lending and privacy solutions. There have been breakthroughs in the cryptocurrency market this week, and the $ONDO, $ARB, $SEI, $STRK, and $ENA became the focus. And all…
Tether, the firm behind the world’s most dominant stablecoin, is steadily expanding its operation to incorporate artificial intelligence (AI), with a unique interest in filmmaking. The company has recently ventured into commodity lending and made a $775 million investment in the online video platform Rumble. In an email , Paolo Ardoino, the chief executive officer,…
The DOJ is authorized to liquidate 69,370 BTC seized in connection with the Silk Road darknet marketplace. A Supreme Court decision upheld the DOJ authority, ending a years-long legal dispute over ownership of the Bitcoin stash. Bitcoin liquidation news briefly affected markets, with prices dropping from $95,000 to $93,800 before stabilizing around $94,300. The United…
As the crypto landscape evolves, investors are always on the lookout for long-term opportunities. The market is brimming with promising projects, but some have caught the eye due to their unique features and forward-thinking strategies. Among them, Qubetics (TICS), Avalanche, and Aptos stand out. Each of these projects has carved its own niche, establishing themselves…
In a bold move, Bhutan has embraced cryptocurrencies as part of its strategic reserve strategy. Specifically, the Gelephu Awareness City (GMC) has officially designated Bitcoin (BTC), Ethereum (ETH), and BNB as key reserve assets, positioning itself among a select group of regions worldwide that accept digital currencies in this capacity. What Does Bhutan’s Reserve Strategy…
Cryptocurrency exchange Bitget announced a strategic merger between Bitget Wallet Token (BWB) and Bitget Token (BGB) on December 26. Following this announcement, the BGB price surged by 30%, reaching $6.86. The merger aims to simplify the token structure, strengthen the ecosystem, and increase user benefits. Details and Objectives of the MergerMarket Reaction and Future of…
Bitcoin trades near $94,029, a pivotal mark that could trigger major price movement soon. Sustaining above $94,029 could push costs to $108,000, offering traders upside potential. Breaking below $94,029 risks rapid declines to $90,243 or $83,626, highlighting backing zones. The cryptocurrency market continues to display notable price swings, with Bitcoin placed at the center of…
Meme coins have been dominating the cryptocurrency space for a while now. Several assets like Shiba Inu (SHIB), Dogecoin (DOGE), and PEPE have been part of the top 20 throughout the year. DOGE has particularly been at the top with its latest price action as well. It seems like the overall community has been inclined…
The cryptocurrency market experienced a surge in 2024, with VIRTUAL, the native token of Virtuals Protocol, leading the charge with a staggering 23,000% plus increase in value. Memecoins and AI Popular Narratives in 2024 VIRTUAL, the native token of the decentralized platform Virtuals Protocol, was the top-performing large-capitalization digital asset in 2024, surging more than…
While Bitcoin (BTC) continues to trade below $100,000, market optimism remains strong among analysts. A prominent crypto analyst, known as “The Flow Horse,” recently shared insights on social media platform X, suggesting that the window for a potential market rally remains open. According to the analyst, this rally could extend into January 2025. How Could…
Central Bank Digital Currencies (CBDCs) are revolutionizing the way money operates in the modern economy. As a digital form of government-backed currency, CBDCs are gaining attention worldwide due to their potential to improve financial systems and reshape global trade. This article explores what CBDCs are, their benefits, challenges, and the role they play in the…
Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a Dec. 23 blog post. This sophisticated scheme preys on individuals’ curiosity and dishonesty, leading to financial losses for unsuspecting victims. How the scam works Seed phrases, crucial for recovering access to crypto…
Ethereum blockchain network is set to undergo a transformative upgrade called Pectra in the first quarter of 2025. The upgrade will enhance the platform’s scalability, user experience, and staking mechanisms, marking a new chapter in Ethereum evolution. The upgrade introduces Ethereum Improvement Proposals (EIPs) designed to address existing challenges and optimize the network’s performance. Aave…