XRP, the native token of Ripple Labs, has garnered significant attention from crypto giants despite a notable price decline over the past 24 hours. As of today, December 11, 2024, sentiment across the cryptocurrency landscape appears bearish, which experts consider a price correction. Whales’ Rising Interest In XRP However, some believe this might be a...Read More
The leading Singaporean digital asset trading platform, Crypto.com, has announced a partnership with Deutsche Bank, a German-based multinational investment bank and financial services company, to offer banking services to users in select countries. According to an official release, Crypto.com’s corporate banking services will be available to customers in Singapore, Australia, and Hong Kong for starters....Read More
A savvy crypto investor has reportedly turned a modest $3,000 investment in the popular frog-themed Pepe (PEPE) meme coin into a $73 million profit. According to Lookonchain, who first revealed the feat in a December 10 post on X, the unidentified trader first bought 4.1 trillion Pepe tokens on April 15, 2023. Strategic Sales Amid...Read More
The cryptocurrency market is in retreat once again, with bitcoin dumping below $95,000 for the second time since Monday evening. While many altcoins are also deep in the red, the ever-volatile meme coin sector has produced some of the most violent corrections. Although there are many success stories of small-time investors turning thousands of dollars...Read More
[PRESS RELEASE – Panama, Panama, December 9th, 2024] Shiro Neko Achieves Historic Milestone in the Memecoin Market Shiro Neko ($SHIRO) launched and reached a $1 billion market cap on its first day of trading. With this, the team aims to make $SHIRO a standout memecoin, redefining expectations for new launches in the space. Shiro Neko’s...Read More
Bitcoin’s price decline, triggered by a selling spree in the crypto market, hasn’t dampened institutional interest. CryptoQuant’s latest insights show the Coinbase Premium climbing, reflecting robust US investor activity during this volatile phase. Coinbase Premium Jumps The Coinbase Premium, a metric that tracks the percentage difference between Bitcoin’s price on Coinbase Pro and Binance, has...Read More
USDT emerged as a leading digital asset in Q4 2024, with 109 million on-chain wallets holding it, more than double the number for Bitcoin and nearing the 128 million wallets that own Ethereum. Beyond on-chain activity, 86 million accounts on centralized platforms have received USDT deposits. USDT’s Dominance According to the second edition of ‘Tether...Read More
[PRESS RELEASE – London, United Kingdom, December 10th, 2024] CryptoAutos, the world’s first blockchain-powered luxury automotive marketplace, has announced the Token Generation Event (TGE) for its native utility token, $AUTOS, scheduled for 11th December 2024 at 12 PM UTC. This event represents a significant development in CryptoAutos’ efforts to enhance the ownership and interaction of...Read More
Anton Tkachev, a State Duma deputy from the New People Party, has formally proposed establishing a strategic Bitcoin reserve in Russia. Tkachev sent an appeal to Russian Finance Minister Anton Siluanov urging an assessment of the feasibility of creating such a reserve. Arguments in Support of the Initiative The document, cited by local media, highlights...Read More
Most top crypto assets saw a significant price drop within the past 24 hours. As of press time, some had crashed by as much as 15%. Market intelligence platform Santiment revealed a glimmer of hope amid the bearish trend. The platform mentioned seven altcoins that saw the worst hit in a tweet, adding that they...Read More
Bitcoin’s rally past the $100,000 threshold was short-lived, as the leading cryptocurrency came tumbling below the level barely 24 hours later. This 14% correction within the past week was driven by market participants, especially long-term holders (LTHs), taking profits. According to a Bitfinex Alpha report, on-chain metrics like realized profit and perpetual futures funding rates...Read More
Coinbase has responded to allegations of unjust account restrictions following weeks of heated discourse on X. The exchange’s support account, @CoinbaseSupport, posted a detailed thread addressing the situation. Support Clears Out the FUD The controversy began after several users on X shared screenshots showing notices from Coinbase indicating transaction restrictions. One user tagged Sean Clarke,...Read More
Radiant Capital has revealed new findings about the $50 million hack targeting its decentralized finance (DeFi) platform in October, attributing the attack to a North Korea-aligned hacking group. The attackers gained access through an elaborate scheme involving malware distributed via Telegram. $50M Radiant Capital DeFi Hack The breach, first discovered on October 16, 2024, prompted...Read More
[PRESS RELEASE – Dnipro, Ukraine, December 9th, 2024] The pre-sale of Nebula Stride (NST) has begun. This solution introduces new tools for asset management and interaction with decentralized financial systems. Tokens are available at the starting price of $0.02. NebulaStride is introducing itself as a blockchain initiative focused on enhancing the decentralized finance (DeFi) ecosystem....Read More
Fox News reporter Eleanor Terrett has warned of a deceptive news article circulating online. The publication used her name and official Fox News graphics to promote a scam involving a non-existent BlackRock token. The Fraudulent Piece Terrett raised the alarm on X, stating: “There’s a fake article circulating using my name and official Fox graphics...Read More
Sushi’s chief exec, Jared Grey, has released a roadmap for 2025 that outlines a series of strategic product launches and ecosystem expansions. Following a comprehensive governance overhaul in April, the Sushi DAO formalized its structure with the establishment of the Sushi DAO Foundation and Sushi Labs. This move aims to promote the DAO’s interests through...Read More
The overall cryptocurrency market appears to be struggling, including major players like Bitcoin (BTC), Ethereum (ETH), and others. Amid this ongoing downturn, whale transaction tracker Lookonchain shared a post on X (formerly Twitter), reporting that a newly created wallet had withdrawn a significant 1,850 BTC worth $183.37 million from Binance, the world’s largest cryptocurrency exchange....Read More
According to blockchain analytics platform SpotOnChain, on December 9, the Royal Government of Bhutan transferred 402 Bitcoin (BTC) worth $39.56 million to QCP Capital. This is the latest in a series of transactions from Bhutan’s government, which has been actively selling its Bitcoin reserves since October. Previous Transfers and Current Reserves SpotOnChain data shows that...Read More
In a historic week for digital assets, investment products saw their largest weekly inflows ever, amounting to $3.85 billion, surpassing the previous record set just a few weeks earlier. This spike has driven total year-to-date inflows to $41 billion, while assets under management have surged to a new record of $165 billion, far outpacing the...Read More
As Bitcoin turns sluggish, the memecoin mania has also faded to a large extent. The most dominant memecoin, Dogecoin, has now turned bearish as the BTC price is flashing bearish signals. Meanwhile, the DOGE price remains within the bullish range, while the Shiba Inu price may face a notable pullback and trade within the same...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, December 6th, 2024] In a world driven by technology, the proprietary trading firm (prop firm) sector has lagged behind—until now. EOSI Finance, the world’s first AI-powered decentralized prop firm, is redefining financial empowerment, transparency, and accessibility for traders globally. Combining advanced AI with blockchain technology, EOSI Finance is...Read More
Ethereum has been struggling to clear the $4,000 resistance. It suffered fresh declines of around 3% on Monday that pulled its price down to $3,850. Despite this, experts suggest that a new peak could be just around the corner owing to a strong weekly close. Ethereum ATH Soon? Pseudonymous crypto trader Pentoshi’s analysis suggests that...Read More
Amazon shareholders have called on the tech giant to consider Bitcoin as a treasury asset, arguing that this could protect shareholder value while aligning with emerging financial trends. The resolution requests Amazon’s board to assess the long-term benefits of incorporating Bitcoin into its treasury strategy. Bitcoin’s Appeal Grows Amazon shareholders, guided by the conservative think...Read More
In an interview with the American television program 60 Minutes, Ripple CEO Brad Garlinghouse acknowledged that the crypto community has embraced the United States President-elect Donald Trump. He made this statement when asked about Trump’s previous hostility to the crypto market. Recall that in 2021, the now-crypto-friendly politician labeled Bitcoin a scam. Was Trump Always...Read More
Is this December a good time to buy Bitcoin? Some say there’s no gift like the present, especially during the year-end holiday season. Because that’s when equities and cryptocurrencies historically deliver most of their positive yearly returns. “A Santa Claus rally is the sustained increase in the stock market that occurs around the Christmas holiday...Read More
Euro Pacific Funds chief Peter Schiff asserted on Sunday that Bitcoin is a threat to US national security. He was referring to plans by the incoming Trump administration to hold some BTC in a strategic reserve fund. “Bitcoin has become a national security threat,” wrote Schiff in a post on X Sunday. “It’s one thing...Read More
India’s Goods and Services Tax (GST) authorities have reported a $99.1 million tax evasion case involving 17 cryptocurrency exchanges operating in the country. Nest Services Ltd., a company linked to Binance Group, stands out as one of the most significant offenders. The firm is accused of evading $86.8 million in GST. India Recovers $14.7M in...Read More
A record 35.5% of BNB Chain’s blocks were affected by Sandwich attacks in November. Over the past week alone, 645 Sandwich Bots were found to be active on the chain. In total, roughly 43,400 DEX traders were impacted during the entire ordeal. Sandwich Bots Exploit BNB Chain According to data compiled by Dune Analytics, the...Read More
Cardano (ADA) recently put the crypto market on notice as it skyrocketed from $0.31 to $1.3 for the first time since 2021. Tron (TRX) has matched the incredible price pump of ADA, pumping by more than 100% to set a new all-time high (ATH). While TRX holders are celebrating their first ATH in more than...Read More
Tyler Winklevoss, co-founder of the Gemini crypto exchange, has declared that his company will adopt the same policy as Coinbase, cutting ties with any law firms or entities that hire former U.S. Security and Exchange Commission (SEC) officials associated with alleged overreach against the digital asset industry. His decision comes in the wake of Coinbase...Read More
