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Cryptocurrency News
Bitcoinik
4h
176
Image Credit: Bitcoinik
Russia officially decides blanket ban on crypto mining operations
- The Russian government has decided to impose a blanket ban on crypto mining operations.
- The ban will first be implemented in 10 regions, with additional temporary bans in some areas during peak energy consumption.
- The ban will be in effect from January 1, 2025, until March 15, 2031.
- The move comes as a response to power outages in the affected regions.
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TronWeekly
4h
206
Image Credit: TronWeekly
Polygon’s Meme Coin Revolution: $10 Goal Surpassing ADA and DOGE Gains
- Polygon is linked to a meme coin aiming for an ambitious $10 target that hints at surpassing the impressive gains of major coins like Cardano and Dogecoin.
- A new player is shaking up the cryptocurrency market.
- $XYZ is the first-ever all-sports memecoins that is aimed at providing true crypto degens with 1000X profits for those who thrive on the thrill of competition.
- Cardano's price fell by 20.80% in the past week, a short-term decline.
- Dogecoin has seen significant shifts in its price recently, with a decrease of 24.51% in the past week.
- $XYZ's pre-sale has soared over 1000% in just two months, targeting a mind-blowing 99,900% surge.
- Fueled by the sports mentality, the $XYZ token has emerged as the ultimate contender ready to crush competitors and rocket to the moon on Elon Musk’s mission.
- If ADA’s price can overcome the nearest resistance level at $1.28, it could target the second resistance at $1.64.
- $XYZ is aiming to reach $0.1 from launch to the token generation event, targeting a mind-blowing 99,900% surge.
- While ADA and DOGE show promise, XYZVerse (XYZ) stands out as a pioneering sports memecoin aiming for significant growth in the ongoing 2024 bull run.
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Coinpedia
4h
278
Image Credit: Coinpedia
Chainlink and Avalanche Decline as Investors Turn Toward 25,000% Growth Potential in Dogen
- Investors are turning towards Dogen, an emerging cryptocurrency, as established cryptocurrencies like Chainlink and Avalanche experience declines.
- Dogen is attracting investors with its potential for massive growth and promises of 500% surge in price.
- The recent US election results and the support of Donald Trump and Elon Musk have fueled the rise of meme coins, including Dogecoin (DOGE) and Dogen.
- Dogen has a strong and engaged community, a unique multi-level referral program, and expects 700% growth by the end of its presale.
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Bitcoinist
4h
237
Image Credit: Bitcoinist
Nokia Tackles Crypto Threats With Encryption Patent – Details
- Nokia has developed a technology for encrypting digital assets and addressing vulnerabilities.
- The patent proposes encrypting a digital asset using a key, providing an extra layer of protection.
- Nokia's move reflects its growing commitment to blockchain technology and addressing crypto theft.
- More traditional companies, like Sony and Microsoft, are also venturing into the cryptocurrency industry.
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Crypto-News-Flash
4h
163
Image Credit: Crypto-News-Flash
Wall Street Analyst Predicts Swift Recovery for XRP But Predicts SUI and DTX Exchange Are Next Top 10 Cryptos
- Ripple's XRP is expected to make a swift recovery following minor corrections in the network.
- DTX Exchange (DTX) and SUI are attracting investors with strong performance indicators.
- Ripple's RLUSD stablecoin launch has boosted XRP's price and investor confidence.
- DTX Exchange (DTX) is predicted to experience significant growth in the coming months.
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TronWeekly
4h
244
Image Credit: TronWeekly
XRP Eyes Top Spot in Crypto Dominance, Says BitBoy
- BitBoy predicts XRP dominance growth may outpace Bitcoin’s, with potential returns surpassing many crypto assets.
- XRP's global adoption as a bridge currency fuels optimism for a $22 price, yielding $1.26T market cap.
- XRP targets Ethereum's position as the second-ranked cryptocurrency.
- Bold price predictions foresee XRP reaching a market cap higher than Ethereum.
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Zebpay
4h
112
Image Credit: Zebpay
Decentralised Science (DeSci): The Next Frontier in Research Funding
- Decentralised science (DeSci) leverages blockchain technology to democratise research funding and empower scientists worldwide.
- It emphasises decentralisation, removing intermediaries in research funding, publication, and data sharing.
- DeSci uses smart contracts for transparent funding, tokenised incentives for contributors, open-access databases for research data and publications, and community governance models.
- Blockchain technology in DeSci enables decentralised funding models, transparent resource allocation, global accessibility, and enforceable funding conditions.
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NullTX
4h
231
Image Credit: NullTX
Arthur Hayes Cashes In On ENA: $3.96M Profit Realized, $8.36M Still Staked
- Arthur Hayes, founder of BitMEX, has recently cashed in on his ENA holdings, realizing a profit of $3.96 million.
- Hayes unstaked 9 million ENA tokens and transferred 7 million ENA to Binance, followed by a USDC withdrawal. He transferred the remaining 2 million ENA to his wallet and then to Bybit.
- Hayes still holds approximately 8 million ENA tokens, worth $8.36 million, indicating his ongoing interest in the token.
- Investors should monitor whale activity like Hayes' actions, as it can affect market movements. The focus now shifts to Hayes' future moves and ENA's price trajectory.
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Tokenhell
4h
3
MicroStrategy Acquires 5.2K Bitcoin in Aggressive Buying Strategy
- Leading business solutions firm MicroStrategy continues its aggressive buying strategy in Bitcoin, acquiring over 5,200 BTC at a price of over $100,000 per coin.
- The recent purchase solidifies MicroStrategy's position as the largest corporate holder of Bitcoin, with a total of 444,262 BTC.
- Although the pace of BTC accumulation has slowed down, MicroStrategy remains committed to buying Bitcoin regardless of price.
- Speculations arise regarding MicroStrategy's future plans, including a possible blackout period in 2025 and the impact of Bitcoin price volatility on the company's strategy.
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Crypto-News-Flash
4h
102
Image Credit: Crypto-News-Flash
Stellar (XLM) Buy Signal Emerges: Potential 25% Rally Ahead
- Stellar Lumens (XLM) is showing signs of forming a bullish pattern that could lead to a 25% surge to $0.45.
- An analyst predicts that XLM could reach between $2 and $3 after securing a crucial resistance level.
- XLM's technical analysis suggests a buy signal if it holds above the $0.33 support level.
- XLM's spot inflow/outflow metrics indicate significant buying pressure among long-term holders and traders.
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Coinpedia
4h
23
Image Credit: Coinpedia
Bitcoin Struggles to Reclaim $100K, Market Sentiments Remain Extremely Bullish—Will it Mark a New ATH at $110K?
- Bitcoin struggles to stabilize a bullish push back to $100K, displaying weakness in its price trend.
- Despite the price consolidation below $95,000, market sentiments around Bitcoin remain extremely bullish.
- The accumulation trend score suggests strong buying interest, indicating a potential rebound in the near future.
- Technical indicators show a possibility of a pullback to $92,000, with a rebound potentially leading to the reclaiming of $100K.
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NullTX
4h
306
Image Credit: NullTX
EIGEN Whales Cash Out Amid Price Drop Ahead Of Token Unlock
- Whales and institutions spent $32.45 million USDC to acquire EIGEN tokens, but are now cashing out, increasing selling pressure.
- Four significant addresses have redeemed and sold 1,270,507 EIGEN tokens, valued at $5.02 million.
- EIGEN reached a peak price of $5.60 but has since fallen and is close to its original cost price of $3.64.
- On December 24, EigenLayer will unlock $4.83 million worth of EIGEN tokens, potentially introducing more selling pressure.
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Blockonomi
4h
143
Image Credit: Blockonomi
Forget DOGE and SHIB: 5 Low-Cap Coins That Could Skyrocket 10,000%
- Untapped opportunities beyond mainstream meme coins are lesser-known tokens with the potential for astronomical growth.
- DOGEN meme token presents a new alpha on Solana blockchain, and could deliver significant returns to the early adopters.
- Kaspa boasts of high-speed proof-of-work cryptocurrency with blockDAG technology, an attractive option for those interested in scalable and fast cryptocurrencies.
- Sui blockchain, offering scalable, secure, and user-friendly layer-1 platform, appears attractive to those interested in advanced blockchain technologies.
- MEW Coin challenges the status quo of meme coins in the cryptocurrency market with distinctive theme and technological advancements though challenging dog coins.
- POPCAT, a fresh alternative rejuvenates the cryptocurrency market landscape by introducing innovative technology and transparent operations.
- DOGEN, KAS, SUI, MEW and POPCAT all present potential for significant returns and appear attractive to investors seeking new opportunities in cryptocurrency market.
- DOGEN, projecting 700% growth before presale’s end, with potential for thousand-fold returns, offers exclusive perks to early adopters.
- Kaspa is focused on making cryptocurrencies scalable, fast, and secure with very high block rates.
- Sui blockchain improves efficiency through the use of Move programming language, object-centric data model and emphasis on user experience.
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Coinpedia
4h
334
Image Credit: Coinpedia
Crypto Market Today (Dec 24, 2024): Bitcoin Price at $93k | PENGU, BGB Among Top Gainers!
- Bitcoin price drops 2.14% to $93,990.75 in 24 hours
- Ethereum shows 1.15% price surge to $3,395.50
- PENGU and BGB emerge as top gainers among top 100 cryptos
- Total crypto market cap stabilizes at $3.31 trillion
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Coinpedia
4h
23
Image Credit: Coinpedia
Ripple RLUSD Stablecoin Goes Live on Singapore’s Major Exchange
- Ripple's RLUSD stablecoin has launched on Independent Reserve in Singapore, offering SGD and USD trading pairs.
- The partnership between Ripple and Independent Reserve aims to enhance RLUSD liquidity and cross-border payment solutions.
- XRP, Ripple's native token, saw a 2% increase to $2.23, indicating a strong market for RLUSD.
- RLUSD is compatible with XRP Ledger and Ethereum, enabling fast transactions and integration with decentralized finance.
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