Cryptocurrency - news
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21.12.2024 02:36 Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet. cointelegraph.com |
21.12.2024 02:35 Key Takeaways: Binance’ve listed four new perpetual futures contracts all at once: AIXBT, FARTCOIN, KMNO, and CGPT. AI tokens, meme coins, and DeFi are hot areas, and Binance is giving
The post Binance Drops a Surprise: Four New Futures Coins Listed at Once (AIXBT, FARTCOIN, KMNO, and CGPT) appeared first on CryptoNinjas. cryptoninjas.net |
21.12.2024 02:30 Rumble, the video-sharing platform and cloud services provider has just inked a $775 million deal with Tether, the heavyweight of stablecoins. This blockbuster investment signals a partnership between two giants, both devoted to championing decentralization and the freedom of speech. Rumble Gains $775 Million Backing from Tether As revealed in a statement shared with Bitcoin.com […] bitcoin.com |
21.12.2024 01:30 Bitcoin (BTC) tries the $100,000 support zone after falling to $98,000 during the recent market shakeout. According to some market watchers, the flagship crypto’s recent performance resembles its December 2023 trajectory, suggesting that BTC might see a massive breakout soon. Related Reading: Bitcoin Could Peak Between $160,000 And $290,000 If These Historical Patterns Repeat – Report Bitcoin Price Mirrors December 2023’s Performance On Wednesday, Bitcoin and the rest of the crypto market saw a massive correction after the US Federal Reserve (Fed) announced a 25-basis-point rate cut and signaled fewer cuts than expected in 2025. The flagship cryptocurrency dropped 9.2% from its $108,135 all-time high (ATH), briefly falling below the $99,000 on support before recovering. BTC quickly climbed back to $100,000, surging 2% on Thursday morning to the $102,000 resistance. After the dump, crypto trader Follis suggested that this month’s price action mirrored BTC’s 2023 trajectory. The trader [...] newsbtc.com |
21.12.2024 01:30 Bitcoin (BTC) recently hit an all-time high of $108,364, only to tumble to $92,118 within three days. This dramatic price drop coincides with growing political unease in the U.S., as the federal government faces a potential shutdown. Despite the downturn, some anticipate the emergence of a “God candle” that could mark bitcoin’s most impressive rebound […] bitcoin.com |
21.12.2024 01:00 PRESS RELEASE. SINGAPORE, December 20, 2024 – LBank, a leading global cryptocurrency exchange, announces its New Year Celebration with a massive prize pool of over 200,000 USDT, set to boost market accessibility and reinforce its dedication to quality crypto trading. This 200,000+ USDT prize pool celebration runs until December 31, and consists of three exciting […] bitcoin.com |
21.12.2024 00:30 The Brazilian Senate scheduled a meeting to discuss the future and possibilities of crypto markets in 2025. The meeting will debate the opportunities and challenges that the adoption of these presents for the Brazilian state. Multi-Partisan Group Proposed to Discuss Crypto in the Brazilian Senate Next Year Crypto is becoming a common subject in legislative […] bitcoin.com |
21.12.2024 00:22 Hopefully, SEC Commissioner Hester Peirce isn’t playing when she says she’ll reconsider in-kind redemptions for spot bitcoin ETFs. bitcoinmagazine.com |
21.12.2024 00:00 The market for Dogecoin (DOGE) is contracting: the memecoin shed more than 25% of its value during the last three days. The broader market is still bearing the brunt of Bitcoin’s crash, worrying both investors and speculators. Related Reading: SUI The Rising Star: Analyst Foresees Over $25 Breakthrough Market Overview: A Sudden Change The recent drop in the value of crypto assets has caused around $787 million to be lost through liquidations of different types of digital assets. Dogecoin, which is often considered as a joke, has been among the hardest hit. Approximately $29 million in DOGE liquidations were recorded recently, with bullish positions suffering the most losses, according to CoinGlass data. In a mere 24 hours, the price of Dogecoin plummeted to a low of $0.34 before ultimately stabilizing at approximately $0.365, a 6.05% decline. Macroeconomic issues influencing more general market movements can help to explain this fall. The Federal Reserve’s concern about interest rate [...] newsbtc.com |
20.12.2024 23:44 Users typically leave an application that does not respond within three seconds, and Web3 apps can have load times of up to 20 seconds. cointelegraph.com |
20.12.2024 23:30 Japanese investment firm Metaplanet Inc. has raised $60.6 million (9.5 billion yen) through two bond issuances to bolster its bitcoin (BTC) holdings. Metaplanet Completes $60.6 Million Bond Issuance for Bitcoin Purchases The Tokyo-based company announced the completion of its fifth bond series issuance on Dec. 20, raising 5 billion yen. This follows a previous tranche […] bitcoin.com |
20.12.2024 22:56 By 2025, more than 1 million AI agents could populate Web3, with staking and trading as likely early use cases, industry execs told Cointelegraph. cointelegraph.com |
20.12.2024 22:52 Developers will soon be able to deploy Solana-based AI agent applications on Injective and bridge a variety of cryptocurrencies between them. cointelegraph.com |
20.12.2024 22:30 Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration, she revealed in a recent Bloomberg interview. The leader of Ark Invest, celebrated for her daring forecasts, also doubled down on her prediction that bitcoin could exceed $1.5 million by 2030. Ark Invest’s Wood Envisions […] bitcoin.com |
20.12.2024 22:30 Over the past 12 days, Dogecoin (DOGE) has endured a sharp decline, shedding more than 40% of its value. After trading above $0.48 on December 8, the meme-inspired cryptocurrency briefly sank to $0.2638 by December 20, prompting a wave of speculation about its near-term direction. The backdrop to this drawdown has been the broader crypto market’s response to US Federal Reserve policy signals, with the latest downturn largely attributed to more hawkish projections from the Federal Open Market Committee (FOMC). While the Fed’s December meeting delivered a widely expected 25 basis point rate cut, the real shock came from the revised dot plot, which pointed to fewer future cuts than previously anticipated. The market had hoped for three rate cuts in 2025, but the FOMC’s guidance now leans toward just two, suggesting a more cautious approach amid persistent inflationary pressures. This shift in outlook triggered broad-based selling in risk-on assets, including cryptocurrencies. Bitcoin [...] newsbtc.com |
20.12.2024 22:00 PRESS RELEASE. Lightchain AI is rewriting the rulebook for crypto presales. With Stage 7 nearly sold out in just 24 hours, it’s not just another altcoin—it’s the hottest ticket in the blockchain world right now. If you’re curious about how Lightchain AI is capturing the attention of altcoin enthusiasts and tech innovators alike, you’re in […] bitcoin.com |
20.12.2024 22:00 This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States. cointelegraph.com |
20.12.2024 21:31 While Bitcoin’s volatility may seem intense, this correction is healthy and normal. bitcoinmagazine.com |
20.12.2024 21:30 The 12 U.S. spot bitcoin ETFs recorded $680 million in outflows with the broader crypto market continuing to face a downturn. Biggest Outflow Day for Bitcoin ETFs The broader crypto market downturn finally caught up with exchange-traded funds (ETFs) with U.S. spot bitcoin ETFs registering a total net outflow of $680 million on Dec. 19. […] bitcoin.com |
20.12.2024 21:16 Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off. cointelegraph.com |
20.12.2024 21:00 The entire crypto market has been riddled with a notable decline in the past 24 hours, led by Bitcoin’s break below the $100,000 price level again. Dogecoin wasn’t left out of this decline, which saw its price crashing by almost 15% and eventually reaching below $0.31. However, technical analysis suggests that this price decline is very natural in Dogecoin’s current trajectory. This technical analysis offers a silver lining for Dogecoin enthusiasts, as it frames the pullback as a natural phenomenon within the broader ongoing bull cycle. Weekly Golden Cross And Its Implications For The Dogecoin Price Crypto analyst Kevin (Kev_Capital_TA) took to the social media platform X to highlight the significance of Dogecoin’s weekly golden cross amidst the ongoing market downturn. According to Kevin, Dogecoin experienced a weekly golden cross back in early November, coinciding with the US election period. Historically, such technical indicators signal strong bullish momentum to the upside. [...] newsbtc.com |
20.12.2024 20:37 According to data from DefiLlama, restaking protocol EigenLayer currently has approximately $15.4 billion in total value locked. cointelegraph.com |
20.12.2024 20:10 On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin’s next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34 trillion—down 2.7% after some recovery. Bears Take a Breather Despite recent turbulence, the crypto market […] bitcoin.com |
20.12.2024 19:54 The cryptocurrency market is facing a tough week, with
Dogecoin taking the brunt of the losses. Dropping 11% in just 24 hours, the
meme-coin's sharp decline is part of a broader sell-off that has seen Bitcoin,
Ethereum, and other major coins struggle. The sell-off could be attributed to profit-taking
after a recent bullish phase and market reaction to a hawkish Federal Reserve
stance. The drop in Dogecoin's price is significant, extending its weekly
losses to over 20%.Market Sentiment Takes a Hit The coin's sharp fall contrasts with its earlier
rally, where it surged more than 200% between November 4 and December 9. Could Dogecoin maintain its momentum, or is the current slump a sign of things to come?Dogecoin is only one of the struggling
cryptocurrencies. The top cryptocurrency, Bitcoin, once hitting a historic high
above $108,000, dropped to $92k on Friday. Other major assets, including
Ethereum and Solana, also experienced substantial declines. Ethereum declined 1% and 12% in the [...] financemagnates.com |
20.12.2024 19:53 The acquisition brings Metal Blockchain solutions to Bonifii’s portfolio of credit unions. cointelegraph.com |
20.12.2024 19:48 Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say. cointelegraph.com |
20.12.2024 19:47 A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels. cointelegraph.com |
20.12.2024 19:40 Bitcoin’s supply dynamics are shifting dramatically, with demand surging and available sell-side inventory shrinking to its lowest levels in over four years, according to research from Cryptoquant and its analysts. Bitcoin Market Faces Supply Shock as Sell-Side Liquidity Hits Four-Year Low This evolving landscape suggests a tightening market that could have long-term implications for crypto […] bitcoin.com |
20.12.2024 19:30 World Liberty Financial (WLFI), the latest venture by incoming US President Donald Trump, has generated a lot of interest in the cryptocurrency space. WLFI has been working on strategic projects in the field of decentralized finance. By quickly acquiring digital assets, the project has attracted the interest of both skeptics and enthusiasts in the crypto world. Related Reading: Ethereum To Outpace Solana In 2025, Bitwise CIO Asserts Trump, WLFI Add 722 Ether To Its Inventory During the latest power play, WLFI took advantage of market downturn to buy 722 Ether worth approximately $2.5 million. Using this strategic acquisition, they have managed to increase the total Ethereum holdings to as high as 15,598 tokens, which can now be valued at approximately $53 million. The acquisition itself will clearly indicate WLFI’s move into becoming a major player within the DeFi landscape. The main goal of the project is to democratize crypto loans, therefore challenging traditional financial [...] newsbtc.com |
20.12.2024 19:29 A memecoin bearing Haliey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%. cointelegraph.com |
20.12.2024 18:40 Coinbase has issued a formal response to a lawsuit filed by
BiT Global, a company tied to Justin Sun. The dispute arose after Coinbase
announced it would delist wrapped Bitcoin (wBTC) from its platform on December
19. BiT Global alleges that the delisting is defamatory and aims
to monopolize the tokenized Bitcoin market. The lawsuit highlights concerns
over Coinbase’s decision, accusing the exchange of anti-competitive behavior.Meanwhile, Coinbase introduced Apple Pay support for
fiat-to-crypto conversions, reflecting US regulatory trends and Apple's growing
interest in digital assets.Coinbase Responds to wBTC LawsuitThe conflict stems from changes in the custodianship of
wBTC. In August, BitGo announced it would share two of the three operational
keys for wBTC with BiT Global and its Singapore-based subsidiary. Coinbase raised
concerns about these changes, citing increased protocol risk due to Sun’s
involvement.Bit Global, the custodian recently added to WBTC through its partnership [...] financemagnates.com |
20.12.2024 18:36 The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock. cointelegraph.com |
20.12.2024 18:30 Interestingly, Haliey Welch was not listed as a defendant in the lawsuit and her most recent response may explain why. HAWK Memecoin Investors File Suit Disgruntled investors will finally have their day in court after buying the HAWK memecoin on December 4, only to see it implode and lose more than 90% of its value […] bitcoin.com |
20.12.2024 18:00 Bitcoin is under intense bearish pressure as it struggles to reclaim the $99,575 mark, a key resistance level that has proven to be a significant hurdle. After an impressive rally earlier in the month, BTC’s momentum has slowed, with sellers taking control and keeping the cryptocurrency in a tight range below this critical threshold. The current price action highlights growing uncertainty in the market, as bulls attempt to regain strength while bears capitalize on every opportunity to push prices lower. With $99,575 marked as a pivotal point, the next moves could set the stage for Bitcoin’s short-term trend. Will the bulls manage a breakthrough, or will bearish dominance prevail? The coming days hold the answer. Bitcoin Struggles Below The Critical $99,575 Resistance Level Bitcoin is currently facing significant resistance at the $99,575 level as its price fights to break above this critical threshold. Despite attempts to rally, bearish pressure has kept BTC confined below this key [...] newsbtc.com |
20.12.2024 17:42 Nic Carter lays out his arguments against a Bitcoin Strategic Reserve. bitcoinmagazine.com |
20.12.2024 17:20 Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By […] bitcoin.com |
20.12.2024 17:00 Meme coins are taking a beating, with the market turning red as traders rush to cash out. But even in the midst of the selloff, two new projects are grabbing attention. Flockerz (FLOCK) and Crypto All-Stars (STARS), both in their ICO phase, offer a clear contrast to the declining fortunes of established meme coins. Meme […] bitcoin.com |
20.12.2024 16:39 BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out. cointelegraph.com |
20.12.2024 16:30 The Bitcoin price has dropped below the $100,000 psychological level and is now holding between the $96,000 and $98,000 range. Crypto analyst Ali Martinez provided insights into why Bitcoin could be holding well within this range. Why The Bitcoin Price Is Holding Steady Between $96,000 And $98,000 In an X post, Ali Martinez noted that one of the most important support levels for the Bitcoin price is between $98,830 and $95,830, where 1.09 wallets bought over 1.16 million BTC. This explains why Bitcoin is holding steady between $96,000 and $98,000 as investors who bought between this level continue to provide huge support for the flagship crypto. Related Reading: Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What’s Going On? As Martinez suggested, it is important for these holders to continue to hold steady as a wave of sell-offs could send the Bitcoin price tumbling even below $90,000. The flagship crypto dropped below $100,000 following the [...] newsbtc.com |
20.12.2024 16:27 Bitcoin’s price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Major Altcoins Follow BTC Dip Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains. Over the past 48 hours, BTC has dipped by over 13%, dropping from an […] bitcoin.com |
20.12.2024 15:47 I'm in favor of BIP 21Q – it's a clever way to resolve known problems with Bitcoin denominations. bitcoinmagazine.com |
20.12.2024 15:34 The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix […] bitcoin.com |
20.12.2024 15:13 BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge. cointelegraph.com |
20.12.2024 15:11 Ripple’s XRP dropped nearly 10% in the past day as the crypto market
faced downward pressure. This downtrend, which has wiped 7% off the global market cap, followed a federal reserve rate cut and a significant outflow
from Bitcoin-focused ETFs. The Federal Reserve's announcement of a 0.25% rate
cut, coupled with Jerome Powell’s cautious outlook for 2024, triggered a wave
of selling in crypto markets. Data from CoinMarketCap shows that the overall crypto market capitalization is down 7% to $3.28 trillion. Federal Reserve Sparks Market SelloffWhile the rate reduction was widely anticipated,
Powell’s suggestion of a pause in monetary easing caught investors off guard.
Inflation concerns and uncertainty around fiscal policies added further
pressure.Adding to the turmoil, spot Bitcoin ETFs reportedly recorded
massive outflows, with more than $600 million withdrawn in just 24 hours. High-profile
ETFs like Fidelity’s FBTC and Grayscale’s BTC accounted for the biggest share, CryptoPotato [...] financemagnates.com |
20.12.2024 15:00 Bitcoin’s price retracement from its new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% pullback) has ignited intense speculation about whether the current bull cycle is nearing its peak. To address growing uncertainty, Rafael Schultze-Kraft, co-founder of on-chain analytics provider Glassnode, released a thread on X detailing 18 on-chain metrics and models. “Where is the Bitcoin TOP?” Schultze-Kraft asked, before laying out his detailed analysis. Has Bitcoin Reached Its Cycle Top? 1/ MVRV Ratio: A longstanding measure of unrealized profitability, the MVRV ratio compares market value to realized value. Historically, readings above 7 signaled overheated conditions. “Currently hovering around 3 – room to grow,” Schultze-Kraft noted. This suggests that, in terms of aggregate unrealized profit, the market is not yet at levels that have previously coincided with macro tops. 2/ MVRV Pricing Bands: These bands are derived from the number of days MVRV has spent at extreme [...] newsbtc.com |
20.12.2024 15:00 Accessing Bitcoin and crypto just got easier. Bitcoin.com has dramatically expanded its supported payment methods in over 190 countries, making it simpler and more affordable for people everywhere to buy and sell crypto. This enhanced functionality, powered by Onramper, allows users to seamlessly on- and offramp between fiat and crypto using the payment methods that […] bitcoin.com |
20.12.2024 15:00 2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules. cointelegraph.com |
20.12.2024 14:54 Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K. bitcoinmagazine.com |
20.12.2024 14:54 Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K. bitcoinmagazine.com |
20.12.2024 14:29 Bitget, a cryptocurrency exchange and Web3 company announced a partnership with Tron, a blockchain network known for its role in onchain settlement. Bitget Joins Forces With Tron According to the news shared with Bitcoin.com News, the collaboration includes Bitget‘s $10 million purchase of Tron’s native token, TRX. The Seychelles-based exchange cited Tron’s extensive adoption as […] bitcoin.com |