Shiba Inu Rallies as Binance Witnesses Record Trading Volume
Shiba Inu (SHIB), the second-largest meme coin, has captured attention with a notable price surge and a staggering trading volume on Binance, the world’s largest cryptocurrency exchange. The recent activity signals optimism among investors as SHIB defies bearish trends to inch closer to key resistance levels. Binance Facilitates Massive SHIB
Crypto Daily News: Dogecoin Surge, X Algorithm Controversy, and Insider Profits
Dogecoin Soars 21%, $1 Prediction for 2025 Gains Momentum Dogecoin (“DOGE”) has seen a remarkable 21% rise over the past week, outperforming its rival memecoins Shiba Inu, Pepe, and Bonk. At the time of writing, DOGE was trading at $0.38, while Shiba Inu (“SHIB”), Pepe (“PEPE”), and Bonk (“BONK”) recorded
XRP Surges to Third Place with $141 Billion Market Cap
XRP has made a significant leap in the cryptocurrency rankings, surpassing Tether (USDT) to claim the third spot. With a market cap of $141.1 billion, XRP’s meteoric rise highlights its growing influence and potential in the crypto market. Factors Driving XRP’s Momentum XRP’s ascent can be attributed to multiple factors,
Ethereum ETFs Surge to Record $2.08 Billion in December Inflows
Ethereum ETFs saw a record-breaking $2.08 billion in net inflows during December, nearly doubling the previous month’s total of just over $1 billion. The surge in investor interest highlights the growing demand for ether-backed financial products and reflects a broader trend of increasing crypto ETF popularity. December Inflows: A Strong
China Tightens Grip on Crypto with New Forex Rules
China has introduced stringent foreign exchange (forex) regulations aimed at curbing cryptocurrency trading and other financial activities deemed risky. The latest move underscores the nation’s ongoing efforts to tighten control over the digital asset industry, aligning with its longstanding anti-crypto stance. New Forex Rules Target Crypto Transactions At the close
Bitcoin Drops Below $92,000 Amid Profit-Taking and Macroeconomic Concerns
Bitcoin (BTC) has seen a sharp decline, dipping to $91,800, a level not seen since early December, as investors take profits following its meteoric rise earlier this month. A combination of profit-taking and a challenging macroeconomic environment is weighing heavily on the crypto market, causing volatility as the year ends.
The Price of Litecoin (LTC) Breaks Through Resistance: Important Levels to Monitor
Litecoin just broke through a key price level that’s been holding it back for a while. After breaking through, LTC’s price came back down to test that same level and held strong. Prominent analyst Anup Dhungana pointed this out on X (formerly Twitter): “Looks like #Litecoin Breakout and Retest done!
”. This could
Today’s Crypto Highlights: Hong Kong Bitcoin Proposal, Malware Scams, and MicroStrategy’s Moves
Hong Kong Lawmaker Advocates Adding Bitcoin to National Reserves A member of Hong Kong’s Legislative Council, Wu Jiexhuang, has proposed incorporating Bitcoin into the region’s national reserves for enhanced financial security. Leveraging the “one country, two systems” policy, Jiexhuang suggests Hong Kong can study the market impact of U.S.-based spot
As altcoin investors evaluate market trends, the price of bitcoin declines.
Bitcoin (BTC) price experienced a significant drop to $93,000 within the last 24 hours, alongside altcoins reaching new lows. Since the last Federal Reserve meeting, the situation has not been favorable for cryptocurrency investors. The excitement from the election victory has faded, and Powell’s statements have introduced a prevailing fear in the markets. What is
MicroStrategy Acquires 2,138 Bitcoin, Strengthens $41.5B Crypto Holdings
MicroStrategy, a leader in business intelligence and a major Bitcoin investor, has added 2,138 Bitcoin to its portfolio in a $209 million purchase. The company’s holdings now total 446,400 BTC, valued at approximately $41.5 billion based on current market prices. The announcement, made on 30 December, detailed that the coins
