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Veteran Trader Peter Brandt Shorts Ethereum, Signaling Potential Downturn
19.12.2023
On Monday, veteran trader Peter Brandt took to the social media channel X (previously known as Twitter) to reveal that he had taken a short position on ethereum (ETH), the crypto market’s second-largest asset by valuation. He further shared a technical chart with his 707,000 followers on...
Ethereum Price Prediction as SEC Delays Hashdex and Grayscale Ethereum-Based ETFs – What’s Going On?
19.12.2023
Source: AdobeStock The price of Ether (ETH), the native token of the Ethereum blockchain and the world’s second most valuable cryptocurrency by market capitalization, continues its bounce from Monday’s lows and was last trading in the $2,230s, up over 4.5% in the past 24 hours according...
Bitcoin Struggles for Direction in Run-Up to Christmas + More News
19.12.2023
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin Struggles for Direction in Run-Up to Christmas Hong Kong’s AIA Carnival to Accept Cryptocurrency Payments in Partnership with...
Shiba Inu Price Prediction as $250 Million Trading Volume Floods In – Are Whales Buying?
19.12.2023
The Shiba Inu price has surged by 6% in the past 24 hours, rising to $0.00001045 as Bitcoin ETF-related optimism pushes the crypto market as a whole towards a 5% gain today. SHIB has now risen by 8.5% in a week and by 22% in the last 30 days, with the famous meme token also […]
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XRP Price Prediction as XRP Spiles Up 3.3% to Breach $0.60 Resistance – Sign of a Strong Comeback?
19.12.2023
The XRP price has jumped by 3% today, rising to $0.608281 as fresh Bitcoin ETF approval rumors push the wider market towards a 4% gain in 24 hours. XRP’s current value represents a 2% loss in a week and a 1% fall in the last 30 days, although the altcoin remains up by 78% since […]
The...
Market Turmoil Triggers Over $215M in Liquidations as 100,000 Traders Face Losses
19.12.2023
Source: iStock/Yevheniia Hordieieva The crypto market has recently experienced a surge in volatility, leading to more than $215 million in liquidations over the past 24 hours. Bitcoin (BTC), which had been trading at a multi-year low, rebounded by 5% in the last 24 hours, reaching a price...
How to Buy Sponge V2 ($SPONGEV2) – Easy Guide
19.12.2023
Meme Mania has returned to the broader crypto market. Could Sponge V2 be the next billion-dollar meme coin for 2023? The project has just launched its stake-to-bridge platform, enabling investors to secure early access before exchange listings. In this guide, we explain how to buy Sponge V2 tokens...
Solana Saga Phone Interest Soars Following BONK Meme Coin Surge
19.12.2023
Fueled by the explosive growth of the BONK meme coin, the Solana Saga phone’s market interest has soared, with units selling for up to $5,000 on Ebay, far exceeding its reduced price of $599 Saga Phone Resurgence: BONK’s Rise Turns Solana Device Into Hot Commodity The Solana Saga phone, once...
South Korean Analysts: Global Crypto Market Cap to Hit $5T in 2024
19.12.2023
Source: ArtDown/Adobe South Korean crypto market analysts think the worldwide crypto market cap could hit the $5 trillion mark in 2024 as global adoption continues. Per Hanguk Kyungjae, the claims were made in a report published by the Korbit Research Center, part of the Korbit crypto exchange...
Biggest Crypto Gainers Today on Uniswap – METIS, INJ, OX
18.12.2023
Uniswap logo Blue-chip cryptocurrencies continue to pull lower from multi-month/year highs hit earlier in the month amid profit-taking ahead of what is expected to be a somewhat calmer and lower volume run in to the end of the year, as major market participants take time off for the Christmas...
Bitcoin Price Prediction as VanEck’s CEO Says BTC Will Hit All-Time High Within 12 Months – Time to Buy?
18.12.2023
Bitcoin (BTC), the world’s most valuable cryptocurrency, experienced a downturn over the weekend, falling to the $41,000 range. This decline is part of a broader trend that saw the global crypto market cap drop by over 8% in 24 hours, standing at $1.46 trillion. The market’s...
Solana Saga Phone Fetches $5,000 on eBay Amid BONK Meme Coin Frenzy
18.12.2023
Source: Adobe In the midst of the BONK meme coin frenzy, Solana Saga phones, initially overshadowed by lackluster sales, have become unexpected stars on the resale market, with one device reportedly fetching a staggering $5,000 on eBay. According to completed listings, the Solana Saga phones, which...
100x Meme Coin Sponge Launches V2 – Is $SPONGEV2 The Best Crypto to Buy Now?
18.12.2023
Investors are scrambling to take a position in the freshest meme coin on the market – Sponge V2 ($SPONGEV2), the next incarnation of the legendary Sponge ($SPONGE) meme coin. Let’s take a trip down memory lane – Sponge V1 made its debut during the bear market of May 2023, launching as...
Arbitrum Transactions Reach New All-Time High During Inscriptions Frenzy
18.12.2023
Ethereum layer-2 network Arbitrum (ARB) reached a new all-time high in daily transactions over the weekend, joining Bitcoin under a waterfall of blockchain activity spurred by inscriptions. According to data from crypto market analysis platform IntoTheBlock, the network tapped 5.4 million...
Market Week in Review: Crypto’s Highs and Lows With ICP and SNX Leading the Charge and Retreat
18.12.2023
Over the past week, bitcoin and ethereum experienced modest declines, ranging from 1.8% to 3.6%, when compared to the U.S. dollar. Concurrently, several crypto assets showcased impressive double-digit growth, with ICP, HNT, BONK, and WOO leading the surge throughout these seven days. 16 Crypto...
Tether’s USDT Stablecoin Depegs from US Dollar on Exchanges After Company Froze $435M
18.12.2023
Tether’s cooperation with law enforcement has led to the USDT depeg crisis. Image by akif, Adobe Stock. Tether’s USDT, the largest stablecoin by market capitalization, depegged from its intended $1 price amid growing scrutiny over the company’s December 15 announcement of a wallet-freezing...
The Rise of DeFi and NFTs on the Bitcoin Blockchain
18.12.2023
With a growing interest in Bitcoin, especially with the anticipated ETF launch, its ecosystem has been rapidly expanding. One of the most popular developments happening on Bitcoin right now is BRC-20, which is not only driving the growth of the Bitcoin NFT market but also expanding the DeFi sector....
Ethereum Technical Analysis: ETH Succumbs to Bearish Pressure and Upper Resistance
18.12.2023
As of Dec. 18, 2023, ethereum exhibits a complex interplay of bearish and bullish signals across various technical indicators. The second-leading crypto asset, currently priced at $2,125 to $2,165, faces a critical juncture in its market trajectory, as revealed by the 4-hour and daily charts...
Pepe Price Prediction as PEPE Tumbles 12% – Time to Buy the Dip?
18.12.2023
Source: Dall•E 3 The Pepe price has fallen by 12% in the past 24 hours, with the meme token slipping to $0.00000124 as the wider market nurses a 2% loss today. PEPE is now down by 14% in the last week and by 11% in the past fortnight, yet the coin has actually gained by […]
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Will Scorpion Casino (SCORP) Go To The Moon? Presale Rush Suggest Yes With Minimum Raise Goal Already In Sight
18.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino (SCORP) stands out as one of the most captivating projects to enter the market recently and the fact that it has rapidly raised $2.23 million is strong evidence of that. The project...