Bitcoin Soars in the New Year but Altcoins Dominate the Market: This Week's Crypto Recap
It’s been an interesting week. While most of the cryptocurrencies are trading well in the green, the entirety of these gains happened after New Year’s Eve. In fact, the total market capitalization current sits at around $3.57 trillion, which is up by around $110 billion compared to the same time last week. And what is…
Read MoreSeismic BTC Shift: Asia Will Follow US On Bitcoin Reserve: CEO of ‘Japan’s MicroStrategy’
The CEO of Metaplanet says the US is touching off an international race for BTC reserves. Crypto analysts have dubbed the Japanese venture capital fund the “MicroStrategy of Japan” for its voracious Bitcoin purchases. In an interview at Michael Saylor’s New Year’s Eve Party in Miami on Tuesday, Gerovich said Japan would be sure to…
Read MorePayment Tokens XRP and XLM Surge in New Year Altcoin Rally
The Ripple cross-border payment token has climbed almost 15% over the past 24 hours, hitting an intraday high of $2.44 during early trading in Asia on Jan. 2. It is the highest XRP has been since mid-December, as payment coins lead the way into the new year. The Ripple token exploded to top $2.90 in…
Read MoreSCER Proposes Bitcoin Adoption in Post-War Syria to Attract Global Investment
The Syrian Center for Economic Research (SCER) has presented a proposal for the transitional government to legalize Bitcoin and digitize the Syrian pound in a bold strategy to address the country’s economic crisis. This proposal aims to build a strong digital economy and develop both centralized and decentralized banking infrastructures across the country. SCER’s Vision…
Read MorePEPE Price Jumps 6% Daily, Bitcoin Recovers to $94K After Monthly Low (Market Watch)
Bitcoin’s price troubles worsened yesterday as the asset dumped to its lowest price position in over a month of $91,300 before it recovered some ground. Most altcoins are also quite sluggish at the end of the year, with ETH losing the $3,400 mark and LINK continuing its recent downfall. BTC Eyes $94K The micro-scale at…
Read MoreRipple v. SEC Yearly Recap: Was 2024 the Most Important Year?
TL;DR The Ripple v. SEC case culminated in August when Judge Torres ordered the company to pay a $125 million fine for breaching certain securities laws. The penalty represented a substantial reduction of what the regulator initially asked for. Donald Trump’s election victory and Gary Gensler’s announced resignation fueled optimism among XRP supporters, expecting pro-crypto…
Read MorePi Network (PI) News Recap: Here's What Happened in 2024
TL;DR Pi Network extended the KYC deadline to January 31, 2025, with 14 million users verified (out of the requested 15 million target). Despite the delays and confusion regarding the launch of open mainnet, the project’s app surpassed 100 million downloads. Pi Network has built a particularly solid community base in Asia, with South Korea,…
Read MoreBitcoin (BTC) Slips Below $94K, Ripple (XRP) Drops Toward $2 (Market Watch)
The highly-anticipated Santa Claus rally is nowhere to be seen as bitcoin continues to lose value by dropping below $94,000. The altcoins are also mostly in the red, with XRP dumping by 6% and XLM following suit. BTC Fails at Recovery It hasn’t been a particularly hopeful end of 2024 on a micro-scale. The asset…
Read MoreCalm Before the Storm for XRP? Price Consolidates Above $2 (Ripple Price Analysis)
Ripple is currently experiencing a phase of low volatility, with its price fluctuating within the pivotal $2-$3 range. This consolidation period suggests market indecision, with a breakout likely to define XRP’s next mid-term trend. By Shayan The Daily Chart Ripple’s price has recently been confined within the $2-$3 range, characterized by low volatility and muted…
Read MoreFather Pledges $1M to Cancer Research After Charity Meme Coin Skyrockets to $80M Market Cap
The father of a young girl battling a rare brain tumor has pledged $1 million to fund research into her condition after an unexpected cryptocurrency windfall. Siqi Chen, CEO of startup finance platform Runway, announced the donation after the charity meme coin, named after his daughter Mira, soared to an all-time high market capitalization of…
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