ADA, the native token of the Cardano blockchain, appears to be struggling amid ongoing market uncertainty. Adding to the concerns, a recent update regarding Cardano’s token unlock has sparked fear among traders and investors about a potential price dip. Cardano (ADA) Token Unlock Scheduled Today, December 24, 2024, a crypto insights provider, Tokenomist, posted on…
US Bitcoin spot exchange-traded funds (ETFs) have faced four consecutive days of withdrawals, ending with notable outflows on Christmas Eve. Data from SoSovalue on Dec. 24 shows that ETFs saw recorded combined outflows of $338.4 million on Christmas Eve. BlackRock’s iShares Bitcoin ETF led this decline, suffering its largest single-day outflow of $188.7 million. Fidelity’s…
PENGU Coin recently surged to $96,250 but faced profit-taking pressures. While altcoin enthusiasts still grapple with previous losses, 2024 is viewed as a potential year of recovery in the cryptocurrency market. Nevertheless, challenges loom, casting a shadow on expectations, although optimism is cautiously held for the first half of 2025. What Are Predictions for PENGU…
Ripple’s stablecoin pegged to the US dollar, RLUSD, has experienced a 106% increase in trading volume in the last 24 hours. According to CoinMarketCap data, the trading volume reached 39 million dollars. This surge highlights the growing interest in RLUSD within the market. Market Performance of RLUSDInnovations on XRPL Market Performance of RLUSD The majority…
Digital currencies rooted in internet memes are drawing serious attention from market analysts. A select few of these playful tokens are showing signs of remarkable growth potential. Could these unconventional assets be the unexpected route to significant wealth in the years ahead? Delve into which ones are gaining momentum and why they might hold the…
Bitcoin $103,916 prices continue to fluctuate in the wake of significant developments this week. In the upcoming weeks, we will witness even more major events. For instance, a month from now, Trump will assume the presidency, leading several key regulatory changes including the appointment of crypto-friendly officials in institutions like the SEC. However, the continuity…
As the cryptocurrency market evolves, a $0.004 altcoin is making headlines for consistently outperforming giants like Ethereum (ETH) and Solana (SOL). Lightchain AI, an emerging player in the crypto space, has captured the attention of investors and analysts with its innovative integration of artificial intelligence and blockchain technology. While Ethereum dominates smart contracts and Solana…
The recent decline in Shiba Inu price has stirred a wave of interest among investors, particularly those seeking opportunities in the altcoin market. As Shiba Inu (SHIB) grapples with its fluctuating value, a new contender has emerged from the shadows, PropiChain (PCHAIN), a low-cap altcoin that integrates artificial intelligence (AI) and real-world assets (RWA). This…
The International Monetary Fund (IMF) agreed to provide a $1.4 billion loan to the El Salvador government. This loan aims to support the Central American country’s reform agenda, contingent upon approval from the IMF Board of Directors. Loan as a Form of IncentiveOversight and Transparency of Digital Assets Loan as a Form of Incentive The…
The cryptocurrency market is abuzz with SUI and its remarkable performance as it hits new highs to position itself as a leading blockchain contender. With its current price surpassing $5 and a robust market cap of $15.77 billion, SUI’s potential trajectory into 2025 is drawing significant attention. This article unpacks the latest SUI price dynamics,…
Do Kwon’s extradition appeal has been rejected by Montenegro’s Constitutional Court, leaving the final decision on his transfer to South Korea or the U.S. to the country’s justice minister. Constitutional Court Ruling Montenegro’s Constitutional Court has rejected an appeal by Do Kwon, co-founder of Terraform Labs, against his extradition. The decision eliminates a critical legal…
Michael Saylor endorses destroying Bitcoin keys after death, calling it a pro-rata gift to all Bitcoin holders. Deletion of keys thus eliminates Bitcoins forever, demanded and hence reduces supply while increasing the value of the remaining Bitcoins. Since more than 94% of all bitcoins have been created, scarcity is perhaps the most important factor driving…
Financial services and digital payments giant Block, formerly known as Square, is on track to make history as the first company with an explicit Bitcoin strategy to join the prestigious S&P 500 index. This prediction comes from Matthew Sigel, VanEck’s Head of Digital Assets Research, who outlined the criteria and Block’s compliance on X (formerly…
Federal Reserve Chair Jerome Powell has said the central bank does not intend to be involved in any government effort to stockpile and create a Bitcoin strategic reserve. Powell said the Federal Reserve is not allowed to own Bitcoin and is not looking to change that. Fed Can’t Own Bitcoin Powell commented in response to…
Despite a bearish tide sweeping through the cryptocurrency market, a handful of altcoins are standing out with remarkable resilience. While Bitcoin (BTC) slipped below $96,000 and the global market capitalization fell by 2% to $3.34 trillion, some altcoins have surged, ignoring the bear market, and delivering gains exceeding 20%. Let’s dive into what makes these…
Home » Journal » Five Hidden Gems in Crypto Expected to Deliver Explosive Growth by 2025 As the digital currency landscape evolves, certain overlooked tokens are poised for remarkable gains in the coming years. These under-the-radar cryptocurrencies have the potential to disrupt industries and offer significant…
XRP, developed by Ripple Labs, is one of the most popular cryptocurrencies globally. Known for its fast transactions and cross-border payment solutions, XRP has gained significant attention. However, not everyone is a fan. Critics often point to Ripple’s centralized nature, which goes against the decentralized ethos that many believe is fundamental to cryptocurrency. If you’re…
17h05 ▪ 3 min read ▪ by Fenelon L. The American Federal Reserve is divided on the potential inflationary consequences of the tariff increases promised by Donald Trump. While some officials downplay the risks, others fear a resurgence of inflation in an already strained economic context. A debate that stirs the Fed It was from…
SUI Price Prediction: What’s Next for SUI Amid Market Volatility? As the cryptocurrency market grapples with regaining momentum, Sui has stood out with impressive price movement in recent days. Reports indicate that the project has surged by 25% over the past 10 days. $SUI Market Cap Exceeds Domino’s Pizza A key milestone for Sui has…
The crypto market is navigating a wave of mixed sentiment, with major digital assets showing varying degrees of optimism and skepticism, according to a Santiment report published on Jan. 9. The analysis highlights stark differences in trader sentiment for leading cryptocurrencies and urges investors to adopt contrarian strategies to navigate these volatile conditions. Mixed sentiment…