Money talks. In cryptocurrency, it screams through megaphones and flies banners across stadium skies. The recent revelation of Polkadot’s $37 million marketing spend has reignited a familiar debate within the blockchain community. Their aggressive growth strategy, complete with influencer campaigns and sports sponsorships, mirrors a pattern seen throughout the industry’s evolution. Cryptocurrency projects have long…
Data from Barchart revealed on December 19 that Chinese banks raised new mortgage costs for the first time in three years. The data also indicated that the Chinese banks’ margins are narrowing due to a persistent property slump and a slowdown in China’s economy. Data from Singapore-based firm Data Motion International Trading Pte also revealed…
Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun. Coinbase and Bit Global Clash in Court Over WBTC Delisting California judge Araceli Martínez-Olguín gave crypto exchange Coinbase the green light to delist wrapped bitcoin (WBTC) despite attempts by digital asset custodian Bit…
Ripple’s RLUSD is set to make a monumental impact by introducing $11.55 trillion into the XRP Ledger, revolutionizing global payments. This integration comes alongside the rise of the CryptoTradingFund (CTF) token. This token is rapidly becoming the leading blockchain-based rewards system, paving the way for a seamless payment experience. As the CTF token takes the…
Fuel Network, an emerging Layer 2 blockchain, has officially launched its native Fuel token. To kick off its journey, the network will airdrop 10% of its token supply starting December 19, 2024, running until January 19, 2025. The snapshot for the airdrop has already been taken, and users can check eligibility on the network’s portal….
Binance.US, the American arm of the world’s largest cryptocurrency exchange, has unveiled ambitious plans to restore USD trading services by early 2025. This announcement comes amid heightened optimism surrounding President-elect Donald Trump’s pro-crypto policies, signalling a potential shift in the U.S. regulatory landscape. After navigating a challenging period marked by regulatory scrutiny and the suspension…
– Advertisement – An emerging token on the Solana blockchain is capturing attention with forecasts of a staggering 14,000% increase by 2025. Predicted to reach the $0.1 mark, this asset presents a compelling opportunity. Bitcoin investors might find this chance to diversify intriguing, as it could lead to significant gains in the evolving world of…
The Hong Kong Securities and Futures Commission (SFC) has taken another significant step toward regulating the cryptocurrency sector. On December 18, 2024, the SFC announced that it had issued conditional licenses to four virtual asset trading platforms. The licensed exchanges—Accumulus GBA Technology (Hongkong) Co., Limited, DFX Labs Company Limited, Hong Kong Digital Asset EX Limited,…
On-chain active loans have returned to levels not seen since the peak euphoria of 2021. The proxy metric for DeFi activity shows borrowers had confidence in the bull market up to this point, seeking gains through collateral-based loans. DeFi lending has become one of the leading apps in 2024. While the overall DeFi value locked…
Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change. Powell’s comments instantly impacted the market, with the price of BTC dropping considerably, dropping below $100,000 to a low of $99,047 before recovering and rising to…
Altcoin market consolidation mirrors 2021 trends, signaling the potential for explosive growth if resistance breaks. RSI cooldown to 62.91 reflects healthy retracement, often preceding major rallies like in the 2020-2021 bull run. Breaking the $1.1T resistance could spark a massive surge; failure to hold support may trigger deeper corrections. Following a period of consolidation, the…
A recent international survey conducted by Binance reveals a promising future for artificial intelligence (AI) altcoins, with nearly 24% of respondents identifying them as the most promising investment opportunity. Following closely behind are meme coins, which garnered 19% of the interest, while decentralized finance (DeFi) altcoins and Layer-1 altcoins captured 12.37% and 12.28%, respectively. Additionally,…
December 19, 2024 at 03:30 PM GST updated: December 19, 2024 at 02:09 PM 5 mins read Press Release A handful of lesser-known cryptocurrencies could be gearing up for explosive growth in the coming years. With careful analysis, certain altcoins show signs of massive potential gains, possibly delivering life-changing returns. This article highlights five intriguing…
Bitcoin price reportedly tested the $100k level to the downside on Dec. 19 but did not sustain under it, thereby reclaiming and closing above the level. However, some signs of relief have been observed in the recent past, with prices bouncing back somewhat, leaving some traders worried by a bearish engulfing candlestick pattern that might…
The Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, has revealed that Morocco is close to adopting a legal framework to regulate crypto-assets, as reported by Morocco World News. This initiative aims to manage crypto-asset usage while fostering financial innovation. During a press conference following BAM’s fourth and final Council meeting of 2024, Jouahri emphasized that…
Home » Journal » Want To Jump On The Solana Meme Coin Hype? Why The Deep State, Fartcoin And Bonk Should Be On Your Radar! The meme coin frenzy on the Solana blockchain has been nothing short of electrifying. Investors searching for “the next Dogecoin” are…
A global user survey conducted by Binance reveals that artificial intelligence (AI) altcoins are poised for significant potential in the upcoming period. According to the survey, 23.89% of participants believe AI altcoins hold the greatest potential, closely followed by meme coins at 19%. Other notable mentions included DeFi altcoins at 12.37% and Layer-1 altcoins at…
Charles Hoskinson denies false claims of XRP, HBAR in Trump’s crypto reserve plans. Hoskinson clarifies Trump’s crypto reserve plan includes Bitcoin, not XRP or HBAR. Arthur Hayes predicts volatility for crypto amid skepticism on Bitcoin reserves. Claims that President-elect Donald Trump’s administration plans to include XRP and Hedera (HBAR) in a national strategic crypto reserve…
While the competition between Ethereum (ETH) and Solana (SOL) continues to be talked about in the cryptocurrency market, Bitwise CIO Matt Hougan said that Ethereum could overtake Solana in 2025. Matt Hougan stated that Ethereum will surpass Solana by 2025 thanks to Layer-2 growth, artificial intelligence projects, and improved scalability. Bitwise CIO noted that Ethereum’s…
Navigating the Bitcoin trading landscape can be as exhilarating as it is rewarding. Over the years, I’ve honed my approach to not just survive but thrive in this dynamic market. Trading Bitcoin, with its sharp price movements and high volatility, isn’t for the faint-hearted, but for those who master it, the rewards can be substantial. …