Binance surveyed more than 27,000 users to get predictions for the year 2025. The survey indicates that its customers hold a greater percentage of memecoins compared to Bitcoin, with figures standing at 16% for memecoins and 14% for Bitcoin. Binance said, “The survey results suggest that memecoins are not only popular in terms of current…
Singapore, Singapore, December 19th, 2024, Chainwire Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct. Combining its…
Ethereum’s Layer-2 solutions will drive scalability and user experience improvements by 2025. AI projects like Clanker on Ethereum show its growing importance in emerging tech sectors. Ethereum’s institutional trust combined with usability upgrades positions it ahead of Solana. Matt Hougan, Chief Investment Officer at Bitwise, predicted that Ethereum will surpass Solana in 2025. He argued…
The Curve DAO Token (CRV) has seen a notable decline, dropping by 12% in value recently. This downturn is largely attributed to the liquidation incident involving Michael Egorov, the founder of CurveFI, who incurred losses amounting to $882,660 shortly after a substantial acquisition. What Caused Egorov’s Liquidation? Egorov’s liquidation occurred on December 19, following his…
December 19, 2024 at 02:30 PM GST updated: December 19, 2024 at 01:52 PM 4 mins read Press Release The tide in the cryptocurrency market is turning. Dogecoin and Shiba Inu, once at the forefront of meme coin mania, are losing their sheen. Meanwhile, a new ten-cent token is rising in prominence, capturing the interest…
The cryptocurrency market is bracing for significant developments as the industry navigates shifting political landscapes and ambitious partnerships. From Ethena’s integration with Donald Trump-backed World Liberty Financial to BitMEX co-founder Arthur Hayes’ tempered outlook on crypto market trends under Trump’s presidency, the intersection of policy, innovation, and market sentiment is poised to shape the sector’s…
The cryptocurrency market has entered a turbulent phase following the Federal Reserve’s announcement of a 25-basis-point rate cut. This unexpected move sent ripples across the market, causing Bitcoin (BTC) to dip below $99,000 and Ethereum (ETH) and XRP to experience losses of 6% and 10%, respectively. Even Solana (SOL) followed this downward trend with a…
Former BitMEX CEO Arthur Hayes has warned that Bitcoin may face a “vicious sell-off” around the time Donald Trump takes office, in a blog post. Hayes cautioned that crypto investors have unrealistic expectations about what Trump can achieve. While Trump has pledged to make America “the crypto capital of the world” and establish a strategic…
Home » Journal » KuCoin’s “Light Up Africa” Donation Ceremony Held in Ghana, Benefiting 36,000 African Children ACCRA, Ghana, Dec. 19, 2024 /PRNewswire/ — On December 19, the “Light Up Africa” Children’s Solar Lamp Project, jointly initiated by KuCoin, Global CSR, and the Smiling Simon Greenbuild Foundation,…
Curve DAO Token (CRV) has drawn attention recently due to a 12% drop in value. This decline became prominent following the liquidation of Michael Egorov, the founder of CurveFI, resulting in a loss of $882.66 thousand. Egorov faced these losses just two days after making a substantial purchase. Liquidation Process and Lost FundsMarket Fluctuations and…
Ripple USD launched on major exchanges, and listings will be expanding soon. RLUSD bridges blockchain efficiency with fiat stability. Ripple prioritizes compliance and trust to redefine stablecoin benchmarks. Ripple’s newly launched stablecoin went live on December 17 across major crypto exchanges, ushering in a new era of compliance, trust, and utility. RLUSD bridges the gap…
El Salvador has reached a preliminary agreement with the International Monetary Fund (IMF) to limit domestic Bitcoin activities in exchange for a $1.4 billion financing package. El Salvador to Reduce Bitcoin Activities in Pursuit of $1.4 Billion IMF Deal The agreement is part of the IMF’s 40-month Extended Fund Facility (EFF), which aims to support…
In a groundbreaking move, the Philippines is integrating blockchain technology into its transportation industry. Digital currency exchange Coins.ph, global ride-hailing platform inDrive, and decentralized mapping network Hivemapper have collaborated to create the first blockchain-powered fleet in the country. Launched on December 5, the initiative is designed to enable Filipino drivers to earn additional income while…
Dylan Meissner, the former finance vice president of crypto research firm Delphi Digital, has faced a four years imprisonment sentence after admitting to embezzling nearly $4.5 million. Connecticut District Court Judge Michael P. Shea delivered the verdict on December 17, also ordering Meissner to repay over $4.6 million, covering the stolen funds and an unpaid…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu prepares for a moonshot as whales stockpile a 10x coin alongside Ethereum. Shiba Inu (SHIB), the second largest meme coin in terms of market cap, may soon be the next meme token…
Dubai, United Arab Emirates, December 19th, 2024, Chainwire Marinade Finance Makes Strategic Investment in SuperSol to Boost Solana’s Growth and Enhance Layer-2 Capabilities. The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and real-time capabilities reaching new heights. This growth is driven not only by traditional decentralized finance (DeFi)…
[PRESS RELEASE – London, UK, December 19th, 2024] As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature: Duress Mode. This technology, integrated into Deus’s non-custodial framework, provides an added layer…
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin plunged after US Federal Reserve Chair Jerome Powell said the central bank will be “cautious” on rate cuts in coming months, but bounced back above $100K even as meme coins plummeted. Following the Fed’s announcement of a 0.25% interest rate cut…
Why Is The Crypto Market Down Today: Why Bitcoin Price Is Falling Cryptocurrency Market Declines Amid Federal Reserve Rate Cut Announcement December 19, 2024: The cryptocurrency market witnessed a significant downturn over the last 24 hours, with major assets like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and XRP experiencing sharp losses. The global cryptocurrency market…
Dogwifhat is trading at $2.27, down by more than 13%. The daily trading volume of the meme coin has increased by over 74%. Ahead of the Christmas holidays, investors are taking profit, resulting in the crypto market encountering a bearish force. The market cap has plunged to $3.51 trillion. Notably, the Solana-based meme coin, Dogwifhat…