Crypto | Finance
Governments Contemplate Bitcoin Stockpiles Amid Historic Price Surge As Bitcoin edges closer to the $100,000 mark, countries around the globe are exploring the potential of establishing national reserves of the leading cryptocurrency. This bold move comes amid a historic market run-up, reflecting growing confidence in Bitcoin’s value and potential as a strategic asset. United States:…
VeChain (VET) has been making waves in the cryptocurrency market with its recent upward trend, sparking optimism among analysts and investors. The token’s price movements suggest a potential for substantial gains, with technical indicators pointing to a bullish momentum. Currently priced at $0.04121, VET has slightly retracted after a recent upswing, but the prevailing sentiment…
Dogwifhat (WIF), the popular Solana-based memecoin, has caught the attention of investors and analysts as it consolidates within the crucial Fibonacci golden zone. This phase of consolidation has seen WIF’s price hovering between $3.02 and $3.37, which corresponds to the 50% and 61.8% Fibonacci retracement levels. The stability in this range has sparked discussions about…
Coinbase has announced that it will end USD Coin (USDC) rewards for customers in the European Economic Area (EEA) starting December 1, 2024. This decision comes as the company aligns with the new Markets in Crypto-Assets (MiCA) regulation, which imposes stricter compliance requirements on e-money tokens like USDC. As per the email sent to customers…
Chainlink (LINK) has become a cornerstone in the decentralized finance (DeFi) space, bridging the gap between blockchain-based smart contracts and real-world data. As the leading decentralized oracle network, Chainlink’s technology underpins countless blockchain applications, making it a critical player in the decentralized ecosystem. This article delves into Chainlink’s fundamentals, its advantages, and where its native…
The cryptocurrency market is currently pulsating with bullish energy, reflected in a total market capitalization of $3.37 trillion—a 1.84% daily increase. This surge is accompanied by a 24.85% spike in 24-hour trading volume, now standing at $149.06 billion. With Bitcoin dominance at 57% and Ethereum holding 12.8%, the Altcoin Season Index at 59 suggests Bitcoin’s…
Bitcoin and Ripple’s XRP have experienced a dramatic surge, with Bitcoin nearing the $100,000 mark again after a sharp dip earlier in the week. This sudden price spike is largely attributed to the election of Donald Trump as U.S. president, which has sparked a significant $15 trillion bet on Bitcoin’s price. Trump’s Election: A Regulatory…
Ripple’s XRP has been on a remarkable bull run, capturing the attention of the cryptocurrency market with its impressive performance. With a series of positive developments and favorable momentum, the question on everyone’s mind is: How high can Ripple’s XRP price get in December 2024? Ripple’s Bullish Momentum XRP has seen a substantial surge over…
In an exciting turn of events, XRP has surged by an impressive 20%, reaching $1.166. This rally, based on Elliott Wave Theory, aligns with the pivotal third wave of a bullish pattern, often the most powerful phase of an upward trend. As XRP continues its ascent, it raises the question: Could XRP hit the $2…
Sui Makes Users Whole Amid a 5% Crash in 7 Days In a commendable move, Sui Network, a prominent Layer 1 blockchain ecosystem, has addressed a staking bug and fully reimbursed affected users. The bug, discovered in October, impacted certain token holders who unstaked their assets between epochs 560 and 563, resulting in missed staking…