Cryptocurrency - news

It’s been a rough 24 hours for meme coins, with Dogecoin and Pepe both taking a beating. DOGE is down 4%, while PEPE has slipped 8%. Meanwhile, Pepe Unchained has gone against this bearish trend and made headlines with its Uniswap debut – fresh off a record-breaking presale phase that raised over $70 million. DOGE […]

Balancer’s version three (v3) launch introduces innovations like Boosted Pools, a Hooks Framework, and a strategic partnership with Aave, aiming to enhance liquidity optimization, security, and developer tools in the decentralized finance ecosystem. Balancer Unveils v3, Integrates With Aave for Enhanced Liquidity Balancer has launched its v3 platform, introducing a suite of enhancements aimed at […]

Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum’s ecosystem. Given Resnick’s strong ties to Ethereum and growing enthusiasm for Solana, this unexpected decision has sparked debate in the cryptocurrency community. Related Reading: Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows Resnick wrote a blog post outlining his motivation for joining Solana, emphasizing his wish to become knowledgeable about the protocol’s main components, including consensus processes and fee markets. He clarified, “I want to get up to speed on the implementation details as soon as possible,” adding that his work might open the door for others to eventually help Solana flourish. Last week was my last week at Consensys. Today is my first day at @anza_xyz. I’m taking my talents to Solana. In my first 100 days, I plan on writing a spec for as much of the [...]

Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.

SOL price is up today as significant developments within the layer-1 ecosystem led to a rise in Solana network use.

Bitcoin’s rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.

PRESS RELEASE. HTX DAO’s China tour “Confidence Journey” concluded on a high note on December 7, bringing together blockchain professionals, investors, and community enthusiasts from across the nation. The gathering celebrated HTX DAO and the leading exchange HTX’s remarkable achievements over the past year while providing insights into their strategic vision for the future. A […]

The French gaming company developed the title in partnership with the Arbitrum Foundation.

Digital assets continue to be a tool to address shortfalls in the energy supply chain despite criticism from environmental activists.

A bankruptcy court filing showed FTX’s debtors reached settlements with political action committees and state-level Democratic parties over political contributions.

A crypto analyst has unveiled uncanny similarities between Bitcoin’s Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst’s report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators.  Bitcoin CME Chart Mirrors 2023 Price Action A comparative analysis of the Bitcoin CME charts from Nov/Dec 2023 and Nov/Dec 2024 reveals striking parallels. The charts, shared on X (formerly Twitter) by crypto analyst and market technician Tony Severino, feature a near-identical Elliott Wave count, showcasing five distinct waves that indicate classical bullish patterns.  Related Reading: XRP Price: Analyst’s ABC Correction Forecast Plays Out Perfectly, Second Half Predicts Bullish Impulse To $2.8 The price action in both charts highlights a significant breakout from consolidation, with Bitcoin’s bullish momentum surging as November and December [...]

An overdue reset in the Bitcoin funding rate and the return of a strong spot bid are reasons behind BTC’s rally above $100,000.

In a notable display of resilience amidst a broadly subdued crypto market, XRP has surged 6.7% in the last 24 hours. Following a dip to as low as $1.90 on December 10, the asset is once again trading above $2.36, defying the predominantly bearish sentiment that has taken hold of the altcoin sector. While most altcoins have posted losses or traded sideways over the same period, and Bitcoin has registered only a modest 0.7% gain, XRP’s recent outperformance stands out as a clear anomaly. So, why Is XRP outperforming the crypto market? #1 Imminent Launch Of Ripple’s Stablecoin RLUSD A key catalyst behind XRP’s rally appears to be the imminent launch of Ripple’s long-discussed stablecoin, RLUSD. Yesterday, Ripple CEO Brad Garlinghouse confirmed via X that RLUSD had secured a pivotal regulatory approval. He stated: “This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from Ripple first.” [...]

According to software developer Patrick O’Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.

An official in the US state of Alabama produced a litany of benefits a state Bitcoin reserve could bring.

Privacy coins are enjoying a boost this Wednesday, with the sector gaining 7.8% in just 24 hours. Monero (XMR) led the charge, climbing 12.3%, while zcash (ZEC) wasn’t far behind, advancing 15.4% against the U.S. dollar. Several others joined the rally, posting double-digit gains and keeping the momentum alive. Privacy Crypto Frenzy On Dec. 11, […]

Today’s US Inflation report revealed that the Consumer Price Index (CPI) data landed right on.. The post US Inflation Data Hits 2.7%: Triggers Violent Bitcoin Price Pump Back Above $100K appeared first on 99Bitcoins.

Republican lawmakers are also expected to choose leadership roles for Senate and House committees soon.

Ray Dalio says he prefers bitcoin and gold over bonds amid rising global debt levels, signaling growing institutional endorsement of bitcoin as a safe haven asset.

Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option for an additional $38.2 million. These ASIC […]

Hong Kong has proposed to expedite the licensing process for virtual asset (VA) trading platforms,.. The post Hong Kong To Fast-Track Crypto Licensing As Market Competition Escalates appeared first on 99Bitcoins.

A cryptocurrency launched by NFT marketplace Magic Eden made a dramatic debut yesterday (Tuesday). It captured attention with its initial surge in price, only to plummet shortly after. Users eager to claim their airdrops faced a series of frustrating hurdles, including an unstable mobile app and a complicated claiming process. A Challenging Start for the ME TokenThe ME token launched at $10 and immediately jumped to an all-time high of $12.2 before tumbling to $4.4. This drastic change represents a 64% drop. The price was then confined to a range of $4 and $8. At the time of publication, it had recovered to $5.26.Besides the price volatility, the debut was also affected by user complaints. One issue was the claiming process, which required users to download Magic Eden's mobile app, scan a QR code on a desktop device, link their wallets, and then claim their allocated airdrop.Today’s the day you’ve been waiting for. $ME is here.Don’t guess — Watch this video below and learn how to [...]

Decentralized Science (DeSci) is making a strong comeback, and a project that is following this.. The post The Comeback of DeSci: URO Leads the Revival with Binance’s Clear Interest appeared first on 99Bitcoins.

Crypto.com announces a banking partnership with Deutsche Bank to enhance corporate banking operations in Asia-Pacific. Deutsche Bank Joins Crypto.com as Banking Partner Across Asia-Pacific According to an announcement shared with Bitcoin.com News, Crypto.com has formed a partnership with Deutsche Bank to access corporate banking services in Singapore, Australia, and Hong Kong. The team detailed that […]

The Solana price is currently in a massive supply zone after recent declines in the past 48 hours that cut across the entire crypto landscape. Notably, technical analysis suggests that the Solana price is on the way to a massive breakout that would see both its price and market cap surge by over 1,700% in the near future. This analysis is highlighted by a cup and handle formation that has been in play for over two years. According to Solana price analysis shared on social media platform X by crypto analyst Ali Martinez, a bullish cup and handle pattern on Solana’s chart is pointing to a rally to an unprecedented $4,000. Cup And Handle Pattern Signals Bullish Momentum The cup and handle pattern is a classic technical analysis formation often associated with a strong bullish breakout. This pattern, characterized by a rounded bottom (the cup) followed by a smaller dip (the handle), is considered one of the more reliable indicators in technical trading. Related Reading: Weekly Bull Flag [...]

On Wednesday, after Roger Ver’s guest appearance on Tucker Carlson, Amir Taaki, a former Bitcoin Core developer, took to social media to share his thoughts about the situation. Taaki emphasized that the ultimate verdict on a man’s actions lies in history, asserting that “history has absolved Roger.” ‘Bitcoin Needs New Leadership’: Former Bitcoin Core Developer […]

After introducing the first version of the B2TRADER crypto spot trading platform earlier this year, B2BROKER announces a major expansion to B2TRADER, growing its capabilities beyond CRYPTO SPOT to FOREX, CFDs, and Crypto derivatives. With a team of over 50 specialists dedicated to making the B2TRADER platform a robust and scalable system that grows with […]

As DeFi expands, the oracle market faces new competition from emerging providers challenging established players like Chainlink.

On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.56 million in […]

As meme coins continue to win over the public’s hearts and wallets, analysts wrestle with their irreverent, often degenerate appeal. Take $Luigi, a meme token inspired by Luigi Mangione, the lead suspect in the December 4 shooting of UnitedHealthcare CEO, Brian Thompson. The coin soared to a $77 million market cap just two days after launching earlier this week, in what can only be read as a protest against Mangione’s arrest on 9 December.  Mangione has been cast as something of a hero for writing a manifesto against corporate greed and taking action in this ruthless hit-and-run shooting, which was recorded live and viewed by millions online.  In a depraved response, the Luigi coin was then launched by anonymous crypto traders, and immediately started trending on Raydium, the automated market maker built on Solana. Hype-Coins Signal Public Sentiment Meme coins often pop up in response to viral content, news or popular culture events, and their value can fluctuate wildly, reflecting [...]

The treasury reserve plan will provide Travala with additional financial resources in the future, according to the CEO.

The meme-driven cryptocurrency Dogecoin (DOGE) has surged nearly fourfold over the past two months. Although it is currently undergoing a corrective pullback, this remarkable rally has prompted investors to wonder how high Dogecoin's price could climb.At present, the psychological barrier appears to be the $1 mark. However, according to one expert, DOGE is on a solid trajectory to reach $1.50 within the next four weeks and potentially $10 by 2025.Dogecoin News: Current Market PerformanceAs of Wednesday, December 11, 2024, Dogecoin is trading at $0.4 per token. The cryptocurrency is battling this local support level for the third consecutive session, despite testing monthly lows.Dogecoin currently ranks seventh among the largest cryptocurrencies by market capitalization, at $59 billion, significantly below sixth-placed BNB's nearly $100 billion. However, in terms of daily volume, Dogecoin substantially outperforms BNB with $9.6 billion in 24-hour trading volume, also [...]

PRESS RELEASE. December 11, 2024 – Graphite Network has introduced a next-generation Proof-of-Authority (PoA) blockchain utilizing the Polymer 2.0 algorithm that converges traditional finance (TradFi) with the capabilities of Web3. Its unique features like income generation through Entry-Point Nodes—an industry first—along with a reputation-based scoring system and a secure, multi-layered KYC process enhance both user […]

Key partnership between Binance and Circle seeks to accelerate the adoption of USDC and digital assets worldwide. Binance and Circle Join Forces for Global Crypto Adoption A new strategic partnership between Binance and Circle Internet Group was launched at the Abu Dhabi Finance Week. The cooperation will increase the use of USD Coin (USDC) and […]

Bitcoin’s performance against gold has hit resistance levels that historically align with the start of 2018-2019 and 2021-2022 bear markets.

Following a $1.3 billion merger, Coincheck’s ordinary shares and warrants will start trading on the Nasdaq on Dec. 11.

Bitcoin bulls refuse to allow a fresh downside wick, with key BTC price levels now clearly visible.

The Dogecoin (DOGE) price is showing signs of pronounced weakness after a major price surge over the past two days. At one point on Monday and Tuesday combined, DOGE prices fell more than 21%. Following a remarkable rally since October 10—during which the memecoin surged over 360%—Dogecoin reached $0.4834 on December 8, the highest price since May 2021. However, strong downward pressure has since emerged. How Low Can Dogecoin Price Go? The current technical landscape suggests DOGE is at a critical juncture. Crypto analyst Kevin (@Kev_Capital_TA) shared his perspective on X with a daily DOGE/USD chart, commenting: “Dogecoin is in full breakdown mode. Everyone with their triangle kept saying that DOGE was breaking out but as the Doge lead analyst I was able to identify that on the macro linear chart Doge was actually right at its biggest points of résistance that being the macro golden pocket. I warned everyone that this was not the place to feel over exuberant and a major pullback was [...]

Coincheck Group, the Dutch parent company of Japan’s leading cryptocurrency exchange, Coincheck, has made its.. The post Dutch Parent Company of Japan’s Leading Crypto Exchange Makes Public Debut on Nasdaq appeared first on 99Bitcoins.

The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against a Washington-based pastor, accusing.. The post CFTC Sues Pastor for Promoting $6 Million Crypto Ponzi Scheme to 1,500 Investors appeared first on 99Bitcoins.

As the Bitcoin (BTC) price consolidates its position following a notable rally that began on November 5, speculation about its potential for further gains persists, even after the cryptocurrency briefly dipped below the $100,000 mark.  Interestingly, Paul Manafort, former campaign chairman for President-elect Donald Trump, recently expressed optimism for BTC’s upward trajectory during the Bitcoin Mena conference in Abu Dhabi. A New Era For Crypto Awaits Manafort highlighted Trump’s role as a significant supporter of the cryptocurrency market, predicting that Bitcoin will strengthen even more once the President-elect takes office on January 20.  He praised Trump’s intent to reform the US Securities and Exchange Commission (SEC) and establish a strategic Bitcoin reserve, which he believes will foster a more favorable environment for digital assets. “There are exciting times ahead for investors and participants in the cryptocurrency market,” Manafort stated, adding that those who [...]

Outgoing Reserve Bank of India Governor Shaktikanta Das envisions the digital rupee revolutionizing India’s economy through gradual CBDC adoption.

Solana (SOL) has seen its rally slow down in the last few days, dropping 23% from its new all-time high (ATH) and over 8% in the past day. Some investors worry about the Altcoin’s short-term performance as the crypto market pulls back. Related Reading: Bitcoin Sees First Close Above $100,000, But Is A Big Correction Coming? Solana Drops To Lowest Level In A Month Solana has been one of the leading cryptocurrencies this cycle, outperforming most of the market and stealing the headlines. Unlike most altcoins, the cryptocurrency outperformed during the Q2 and Q3 retraces, holding above pre-bull run levels. As Q4 started, Solana continued to hover within the $110-$180 price range, breaking above this range after the market’s post-election pump. SOL’s momentum propelled the token past its yearly high and successfully reclaimed the $200 barrier. The token continued to climb higher until its new ATH of $263 on November 23. Since then, Solana hovered between the $245-$220 price range, fueling [...]

Restaking can revitalize blockchain assets, enhance security, and enable interoperability.

Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, seems to be drawing attention as analysts observe market metrics that indicates the possible next move for ETH. Recent data from CryptoQuant has highlighted patterns in accumulation and exchange-traded fund (ETF) inflows, providing a detailed look at Ethereum’s potential trajectory as it underperforms relative to Bitcoin in the current cycle. Related Reading: Ethereum Price Faces Pressure: Bulls Tested After Setback Analyzing Trends in Accumulation and ETF Inflows In a series of posts shared on social media platform X, CryptoQuant analysts dissected Ethereum’s key metrics. One of the standout observations was Ethereum’s balance in accumulation addresses. These addresses now hold approximately 19.5 million ETH, valued at around $78 billion. For comparison, Bitcoin accumulation addresses hold about 2.8 million BTC, worth $280 billion. While the dollar value of Bitcoin held is four times larger than Ethereum, [...]

Derive suggests data shows the chances of Ether reaching $5,000 by the end of the year are low, but traders seem more bullish than ever amid significant ETF inflows.

The Nigerian Securities and Exchange Commission is exploring the use of blockchain technology to build trust in capital markets. Bridging the Trust Gap The Nigerian Securities and Exchange Commission (SEC) is exploring the use of blockchain technology to build trust in capital markets. According to Director-General Emomotimi Agama, harnessing this technology is key “to bridging […]

Data shows the cryptocurrency market has registered large liquidations in the past day as altcoins like Dogecoin and XRP have crashed. Cryptocurrency Derivatives Market Has Just Seen Massive Long Liquidations According to data from CoinGlass, a mass amount of liquidations have piled up over on the derivatives side of the cryptocurrency sector during the last 24 hours. “Liquidation” here refers to the forceful closure that any open contract undergoes when its bet fails enough to accumulate losses equal to a certain degree (the exact value of which may differ between platforms). Related Reading: Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit Below is a table that breaks down the relevant numbers related to the liquidations from the past day. As is visible, there have been total liquidations of cryptocurrency-related contracts worth a whopping $1.56 billion in the past day. The long holders were involved in an overwhelming majority of this flush, with liquidations [...]

XRP price found support near the $1.90 zone. The price is recovering losses and the bulls might soon aim for a move above the $2.35 resistance zone. XRP price started a fresh decline below the $2.25 zone. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.22 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.36 resistance. XRP Price Eyes Fresh Surge XRP price extended its decline below the $2.30 level like Bitcoin and Ethereum. There was a move below the $2.20 and $2.050 levels. The price even dived below the $2.00 support. A low was formed at $1.898 and the price is now correcting some losses. There was a move above the $2.20 level. The price climbed above the 50% Fib retracement level of the downward move from the $2.64 swing high to the $1.898 low. Besides, there was a break above a connecting bearish [...]