Bitcoin has seen continuous bullish momentum in recent weeks resulting in the asset’s consistent new highs. According to recent analysis, this momentum appears to not just be random as it comes amid major moves behind the scenes. Particularly, recent data indicates that Bitcoin reserves have dropped to a historic low of 2.4 million, signaling a [&h
Crypto Market Sees Bloodbath Following Fed’s Rate Cut Decision: What’s Happening?
Key Takeaways: The interest rate cut by the Fed failed to bring the expected positivity in the crypto market, which instead triggered a massive sell-off, with Bitcoin sinking below $99,000. The fears of the Fed slowing its rate cuts in 2025 and increasing inflation have weakened investor sentiment. The market has adopted a “wait-and-see” attitude,
El Salvador to Cut Back Bitcoin Strategy for IMF’s $1.4 Billion Loan?
As El Salvador finally reached a $1.4 billion loan deal with the International Monetary Fund (IMF), concerns over…
US Congress Adds Blockchain and Cryptocurrency in the ‘Christmas Tree’ Bill
The United States Congress recently introduced a large spending plan, known as the “Christmas Tree” bill, to keep the government running until March 2025.
Europol Dismantles Drug Cartel, Recovers $26 Million in Cryptocurrencies
An international operation led by Europol has successfully taken down a criminal network that relied on cryptocurrency to manage its profits.
SocialFi Future: Lens Raises a $31 Million Funding for Blockchain Expansion
Avara’s project, Lens, has secured $31 million in funding to support its goal of making social finance (SocialFi) more accessible.
Sky doubles down on token overhaul: Making MKR unusable, launching subDAOs
Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY.
Dogecoin Price Action Sparks FOMO In An Emerging Rival Altcoin Eyeing 32,390% Returns by Mid-January
After an explosive rally, the Dogecoin price consolidated between $0.35 and $0.47, which saw it gain 78% in a month. This has prompted ADA holders to join PropiChain’s (PCHAIN) token presale to capitalize on its potential for huge profits in 2025. PropiChain is gaining attention, raising over $1 million in the ongoing presale. The RWA […]
Metaplanet Turns To Bitcoin With Massive 4.5 Billion Yen Bonds
Metaplanet Inc., a publicly traded company on the Tokyo Stock Exchange, is ramping up its efforts to build its Bitcoin portfolio. According to multiple reports, the Japanese Bitcoin consulting company has issued ¥4.5 billion ($30 million) in zero-interest bonds to finance its Bitcoin acquisition strategy. The company shared this news on its bond is
XRP Will Create Millionaires, Analyst Declares In Wealth Projection
Ripple’s digital asset is gaining traction in December 2024, generating a stir in the cryptocurrency market. XRP, the third-largest cryptocurrency by market capitalization, recently surpassed Tether (USDT). Analysts and investors alike are growing excited about the possibility for XRP holders to become among the wealthiest investors in the foreseea