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Since the start of December, Ethereum ($ETH) has seen a marked outflow from exchanges, with over 400,000 ETH leaving since December 1. This trend of accumulation suggests increased confidence among investors, particularly as the price of ETH recently pushed back above the $4,000 mark, solidifying this level as strong support. Since the beginning of December, … Read more
Bitcoin’s surge to a new all-time high of $107.8K and Ethereum’s rally back above $4K have reignited bullish narratives across the crypto market. Amid this momentum, a few tokens are gaining significant social media traction, driven by major developments and price action. Bitcoin ($BTC): Bitcoin continues to dominate discussions as it unexpectedly broke through its … Read more
Ethena’s $USDe stablecoin is rapidly approaching a supply of $6 billion, marking a remarkable 140% increase since its October lows. While this growth is significant, $USDe still holds just a 2.83% market share, highlighting its potential for further expansion as it continues to gain traction in the stablecoin sector. Although far from challenging dominant players … Read more
AAVE, the native token of the Aave protocol, is experiencing remarkable growth, recently reaching its highest price in two years. This surge comes as key indicators highlight increasing activity and strong investor confidence. $AAVE is experiencing a period of significant growth & positive momentum, recently it hit its highest price in 2 years! On Dec … Read more
Curve Finance founder Michael Egorov (@newmichwill) has made a significant move, purchasing 1.08 million CRV tokens worth $1.2 million at an average price of $1.114 in the past three hours. This marks his first notable CRV buyback since the liquidation event on June 13, drawing attention to the potential resurgence of CRV’s price momentum. https://twitter.com/spotonchain/status/1868837898570940920?t=K5jO_cQu0mUFU56LXQgkZA&s=19 … Read more
The Hyperliquid trend has attracted smart money, but outcomes remain split as profits and losses highlight the volatility of this emerging market. Trader 0x37c (believed to be GiganticRebirth, GCR) Renowned for shorting altcoins at the 2021 peak and correctly predicting LUNA’s collapse in 2022, GCR continues to showcase sharp market instincts. Wallet 0x37c topped up … Read more
The infamous Bitfinex hacker was sentenced to five years in prison in November for money laundering after he hacked and stole 120,000 bitcoin. Bitfinex Hacker Apologizes in New Video Ilya Lichtenstein, husband to disgraced crypto hip hop satirist Heather Morgan or “Razzlekhan,” has released a five-minute video from prison, promising to make amends once he … Read more
Rumble, the video-sharing platform and cloud services provider has just inked a $775 million deal with Tether, the heavyweight of stablecoins. This blockbuster investment signals a partnership between two giants, both devoted to championing decentralization and the freedom of speech. Rumble Gains $775 Million Backing from Tether As revealed in a statement to Bitcoin.com News, … Read more
The Brazilian Senate scheduled a meeting to discuss the future and possibilities of crypto markets in 2025. The meeting will debate the opportunities and challenges that the adoption of these presents for the Brazilian state. Multi-Partisan Group Proposed to Discuss Crypto in the Brazilian Senate Next Year Crypto is becoming a common subject in legislative … Read more
Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By … Read more