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Next Pepe Coin SPONGE Price Pumps 100% in 5 Days as V2 Bridging Hype Explodes
8.1.2024
Meme Coin Sponge revisited the 100x gains it made in May last year as its price pumped 84% in 24 hours to $0.00114, after V1 to V2 bridging enthusiasm exploded. Could SPONGE V2 be the next Pepe and see its price soar 4,046%? One YouTube crypto analyst points out that $SPONGE has advanced 10x from...
Ahead of Bitcoin ETF Launch, BlackRock Announces Major Workforce Cuts
8.1.2024
BlackRock headquarters. Source: Adobe / John Hanson Pye BlackRock, the world’s largest asset management firm, is reportedly reducing its global workforce by about 3%, just days before the expected approval of the firm’s spot Bitcoin ETF application. The layoffs, which have not yet been...
Zengo Sets a Hacker Trap: Breach Our Wallet for a $420K Bitcoin Reward
8.1.2024
Source: zengo / Twitter The keyless crypto wallet maker Zengo will put 10 BTC and a pricy NFT into a Zengo wallet, challenging the hackers to take it – if they can. According to the blog post, the “#ZengoWalletChallenge” will launch on January 9 and last for 15 days. It stated...
Blackrock Lines up $2 Billion for Spot Bitcoin ETF Launch, Sources Say
7.1.2024
Blackrock, the world’s largest asset manager, has reportedly lined up more than $2 billion for its spot bitcoin exchange-traded fund (ETF) within days of launch. Vaneck’s head of digital assets research and a Bloomberg ETF analyst have independently verified with their sources that Blackrock...
Mystery Transfer — Unidentified Wallet Sends $1.19 Million in Bitcoin to Satoshi Nakamoto’s Genesis Address
6.1.2024
Two days after Bitcoin’s 15th anniversary, an unidentified wallet transferred roughly 26.917 bitcoin, valued at $1.19 million, into Satoshi Nakamoto’s Genesis wallet. Originating on Jan. 3, 2009, this wallet has primarily accumulated nominal dust transactions. Including the hard-coded...
Bitcoin (BTC) Slips Back Towards $43,000 as Investor Digest Strong US Jobs Report, Monitor Expected Upcoming Spot ETF Approvals
5.1.2024
Bitcoin (BTC) Price Chart / Source: TradingView Bitcoin (BTC) has fallen back to the south of the $44,000 level and is eyeing a test of $43,000 once again in wake of a stronger-than-expected US jobs report and as market participants eye the possibility of the approval of spot Bitcoin ETFs in the...
Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws
5.1.2024
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain
Terra Luna Classic Price Prediction as LUNC Jumps 10% – A Sign of Growing Interest?
5.1.2024
Source: Dall•E 3 The Terra Luna Classic price has bounced by almost 10% in the past 24 hours, rising to $0.00012765 as the wider market gains by a more modest 1% today. Despite this gain, LUNC remains down by 11.5% in the past week and by 38% in the last 30 days, with the coin […]
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Ethereum Price Prediction with Major Gains Expected in 2024 – Can ETH Surpass Its All-Time High?
5.1.2024
Source: Dall•E 3 The Ethereum price has gained by 2% today, rising back to $2,260 as the wider market recovers from a sharp selloff earlier in the week. ETH’s current price means that it has lost 4% in a week and 0.5% in the last 30 days, yet the biggest altcoin in the market remains...
Celsius Network Announces Unstaking of Ethereum Holdings to Facilitate Distribution to Creditors
5.1.2024
Source: Adobe/Canva Now-defunct cryptocurrency lender Celsius Network has revealed plans to unstake its Ethereum (ETH) holdings as part of its efforts to distribute assets to creditors. In a recent announcement made on X, Celsius Network shared that it intends to carry out...
Sei Price Prediction as it Surges 60% in 7 Days – What’s Fueling This Momentum?
4.1.2024
Sei (SEI) Chart / Source: TradingView Sei (SEI), the token that powers the recently launched and much-hyped Sei Network blockchain, has continued to pump in recent days, despite the broader cryptocurrency market succumbing to profit-taking and deleveraging. SEI/USD was last changing hands just...
XRP Price Prediction as XRP Drops Below $0.60 Support – Time to Buy the Dip?
4.1.2024
The XRP price has sunk by 9% in the past 24 hours, falling below the all-important $0.60 support level after a bad day for the cryptocurrency market yesterday. At $0.576124, the altcoin has lost 10% in a week and 6% in the last 30 days, although it does remain up by 64% in the past […]
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Solana Price Prediction as SOL Falls 9% Overnight – Are Investors Regaining Confidence?
4.1.2024
The Solana price has dropped by 9% in the past 24 hours, sinking down to $98.69 after fears over another Bitcoin ETF delay pulled the wider market down yesterday. Even with the sharp pullback, SOL remains up by 14% in a fortnight and by 64% in the last 30 days, with the altcoin also sitting...
Arbitrum’s Total Value Locked Surges Past $2.5 Billion as Token Nears $2
3.1.2024
Source: Arbitrum Ethereum layer 2 network Arbitrum has recorded high transaction volumes at the start of the year as well as its total value locked (TVL) tapping $2.5 billion. On-chain data shows the firm’s bullish performance in the last week of 2023 and the early days of 2024 with surging...
BRC App amasses 200,000 users in two days
3.1.2024
It is undeniably a momentous occasion for the BRC application (BRCT token), as, in the mere two days since its launch, it has amassed a user base of 200,000. Within the BRC-20 ecosystem, this app represents the pinnacle of development. Presently, the BRC application is facilitating an airdrop...
Is Filecoin Going to Zero? FIL Price Dips 4% as New Bitcoin Platform Hits $7.2 Million
3.1.2024
Source: Dall•E 3 The FIL price has dropped by as much as 4% in the past 24 hours, slipping to $7.48 as the wider crypto market suffers a 1% decline today. Despite the dip, Filecoin remains up by 31% in a week and by 54% in the last 30 days, with the altcoin also having […]
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New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days
3.1.2024
A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days. “If you don’t file a report within...
Crypto Investors Beware: IRS Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect
2.1.2024
The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service (IRS) rules mandate that cryptocurrency brokers report personal information on digital asset transactions over...
XRP Price Prediction as Trading Volume Spikes to $2 Billion – Are Investors Flocking to XRP?
2.1.2024
XRP (XRP) Chart / Source: Investing.com XRP (XRP) trading volumes have picked up again following a subdued few days due to New Year’s celebrations, clocking in at around $2 billion in the past 24 hours, as per CoinGecko. That’s roughly in line with, if not a little bit above, average trading...
AI Crypto Assets Skyrocket 540% in Under a Year, Hitting $7 Billion Market Cap
2.1.2024
The sector of crypto economy dedicated to artificial intelligence (AI) has been expanding steadily, and in the past 34 days, since Nov. 29, 2023, the market capitalization of AI-focused crypto assets has surged by $1.75 billion. A majority of the leading ten AI tokens experienced substantial...