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Is Bonk Going to Zero? BONK Price Declines 10% as Novel Mining Protocol Reaches $5.5 Million Milestone
19.12.2023
Solana-based meme coin Bonk has plummeted -10%, fuelling FOMO amongst retail traders left asking – is BONK going to zero? This comes on the tail-end of a huge pump, fuelled by a highly anticipated Coinbase BONK listing – which fuelled a dramatic +80% pump. Introducing The 12 Days of BONKmas...
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...
China’s Current Economic Challenges Echo Japan’s Past Economic Struggles
19.12.2023
Experts highlight the critical need for China to learn from Japan’s prolonged economic stagnation, emphasizing the urgency to transition from manufacturing and investment reliance to boosting domestic consumption. Similarities to Japan’s Lost Decades in China’s Current Economic Slowdown...
BlackRock’s Bitcoin ETF Ticker IBIT Confirmed, Shifts Toward Cash Redemption Model
19.12.2023
Source: DALL·E BlackRock’s proposed spot Bitcoin exchange-traded fund (ETF) has been officially assigned the ticker IBIT, according to an S-1 filing amendment with the Securities and Exchange Commission (SEC). The filing also indicated that BlackRock would adopt a cash redemption model...
Circle Launches EURC Stablecoin on Solana, Expanding Euro Access in the Crypto Space
19.12.2023
Expanding the global reach of euro-based stablecoins, Circle has debuted its EURC token on the Solana blockchain, offering a fully reserved, euro-backed digital asset. Circle Expands its Stablecoin Portfolio With EURC Launch on Solana, Boosting Euro Integration in Digital Finance Circle, a leading...
Survey: 4 in 5 Institutional Investors Agree Crypto Has Important Role in Global Financial Industry
19.12.2023
An institutional investor survey conducted by digital asset bank Sygnum indicates a shift from skepticism to advocacy, “with over 80% now agreeing that crypto has an important role to play in the global financial industry,” said the bank’s digital asset research manager. “It’s now truly...
God Of War: Valhalla DLC Just Got Harder, With One Big Exception
18.12.2023
Valhalla, the setting of God of War Ragnarök’s new, free roguelike expansion, is full of tough challenges and fights. And unfortunately, the going’s only going to get tougher as developer Santa Monica Studio just dropped a new patch that tweaks the difficulty of certain encounters—though there...
The State Of Xbox And Game Pass In 2023
18.12.2023
On paper, Microsoft did what it needed to do in 2023 to improve on a quiet, somewhat empty 2022. But it also enacted layoffs and took some public beatings in court as it tried to become even bigger.Read more
The Week In Games: The Best Resident Evil Goes VR And More New Releases
18.12.2023
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Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears
18.12.2023
The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live
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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Is Shiba Inu Going to Zero? SHIB Price Suddenly Drops 11% as New Meme Coin Takes the Limelight
18.12.2023
Shiba Inu is in the midst of struggling performance, after SHIB price fell -11% following rejection from upper trendline resistance, leaving some dejected bag-holders asking ‘is SHIB going to zero?’. With downside movements gaining a grip on price action, vast amounts of SHIB have began...
Ripple Reveals 2024 Crypto Predictions: SEC Crackdown to Continue, Regulation Will Hinder US Crypto Firms
18.12.2023
Ripple has shared several crypto predictions for 2024. The firm’s chief legal officer expects the U.S. Securities and Exchange Commission (SEC) to continue its crackdown on the crypto industry. In addition, he foresees U.S. Congress disagreeing on the best course of action for crypto...
Bitcoin Core Dev Discusses ‘Firing’ All Miners With PoW Algo Change: Feisty Exchanges Mark Growing Divide
18.12.2023
Over the last ten years, Luke Dashjr has emerged as a key player in the realm of Bitcoin development and the network’s open-source software. His opposition to specific trends within the Bitcoin ecosystem has gained more attention lately. He has labeled Ordinal inscriptions and non-fungible...
Goldman Sachs: Don’t Expect Immediate BTC Spike After Spot Bitcoin ETF Approvals
17.12.2023
Global investment bank Goldman Sachs has advised investors against anticipating a sudden and immediate surge in the price of bitcoin upon the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Nonetheless, Goldman Sachs highlighted that...
Bitcoin Transaction Fees Soar to $40, Sparking Debate and Push for L2 Solutions Amid Mempool Backlog
16.12.2023
On Saturday, Dec. 16, 2023, Bitcoin’s transaction fees spike to a high of $40 per transaction at 1:48 p.m. Eastern Time. The jump in onchain fees surpassed the high reached on May 8, 2023, when the average transfer cost topped $31 per transfer. Skyrocketing Bitcoin Fees Surpass $40 Bitcoin...
Retik Finance (RETIK) raises $1 Million in Presale, sets listing price at $0.15, approx 350% higher than present price
16.12.2023
In the ever-evolving world of cryptocurrencies, new projects often emerge, seeking to make their mark and disrupt the status quo. Retik Finance (RETIK) is one such project that has recently made waves by raising an impressive $1 million in its presale. What’s even more noteworthy is...
$EGLD Pumps as KASPA Dumps. Presale Targets $1 Million Mark
16.12.2023
The cryptocurrency market is a volatile space, and the recent price movements of $EGLD and KAPSA are a testament to that, while $EGLD has been on a tear, KASPA has been experiencing a sharp downturn. Meanwhile, $GFOX, the new kid on the block is eyeing the coveted $1 million presale mark. In this...
XRP Price Prediction as $1.2 Billion Trading Volume Sends XRP Down 4% – Are Whales Selling Before January?
16.12.2023
Despite a cautiously optimistic technical outlook, Ripple’s XRP has recently faced a downturn, dropping by 4% amidst a whopping $1.2 billion trading volume. As of December 16, the digital currency is trading at $0.620, marking a marginal 0.50% increase over the last 24 hours. Its significant...
SEC Chair Gensler Reveals Regulator Is ‘Taking a New Look’ at Spot Bitcoin ETF Filings
16.12.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has revealed that the regulator is taking a new look at spot bitcoin exchange-traded fund (ETF) applications based on recent court rulings. “We had in the past denied a number of these applications, but the courts here in...