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Syed Omer Hussain
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$NEIRO
i feel to buy Neiro as it’s looking way to low, with a possible stop loss at 0.001000
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Will Cardano (ADA) Reach $2 Before Dogecoin? This Viral Altcoin Eyes a 4,000% Surge Cardano (ADA) recently broke past the $1 mark after a prolonged struggle, sparking fresh speculation about its potential to hit $2 before Dogecoin (DOGE), which has also seen notable price swings. While these established coins battle for dominance, Lunex Network is capturing attention with its extraordinary growth potential. Promising a staggering 2,000% surge, Lunex Network is emerging as a standout player. $LNEX’s ongoing ICO has already raised over $4 million, signaling strong investor confidence. Cardano (ADA) Eyes a 66% Surge in December: Can It Hit $2 Soon? Cardano (ADA) is primed for a potential 66% surge in December, mirroring its historical bullish trend during the month. According to Cryptorank data, Cardano has consistently delivered an average December growth rate of 66.8%, positioning it for a strong end to the year. Currently trading at $1.14, Cardano recently gained 6.60% within 24 hours, while its trading volume skyrocketed by 214.52% to $4.29 billion, signaling renewed investor enthusiasm. This positive momentum aligns with bullish patterns from prior December. In 2021, for instance, peaked at $1.72 in December, just months after nearing its $3 all-time high. Analysts are optimistic that Cardano could repeat such a rally, particularly if its current upward trend holds. Fibonacci projections even suggest ambitious price targets, with $2.453 and $8.30 emerging as key levels. Cardano’s fundamentals further bolster its prospects. Innovations like Quantum Hosky and the Chang hard fork update have fueled hype, enhancing its potential to outperform peers like Dogecoin (DOGE). Dogecoin (DOGE) Struggles to Maintain Momentum Amid $2 Hype Dogecoin (DOGE) has surged by an impressive 177.21% this month, largely fueled by Elon Musk’s mentions on X and excitement surrounding the Department of Government Efficiency’s nods to the meme coin. As of now, Dogecoin trades at $0.4292, gaining 1.85% in the last 24 hours and 1.64% over the past week.
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XRP Price Slips. Why the Crypto Is Selling Off Today. XRP has rallied over 400% since President-elect Donald Trump won the election, but Investors should brace for more volatility. XRP fell early Wednesday after Tuesday’s crypto rally saw the price of the digital token soar double digits. Investors should brace for more volatility. XRP is down 5.3% over the last 24 hours to $2.57. It dropped from its high of $2.73 on Tuesday afternoon, as investors were likely taking profits. Cryptocurrencies across the board got a boost Tuesday after Ripple, the payment platform that issues XRP, announced the beginning of trading of its new stablecoin RLUSD. “RLUSD is already being viewed as a highly promising stablecoin, comparable to USDT and USDC , and is even considered a potential competitor to them,” said Arthur Azizov, CEO at the crypto business B2BinPay. Boosted by hopes that RLUSD will cement Ripple’s position as a key player in the crypto space, XRP could reach a price range of between $5 and $7 in the first half of 2025, Azizov added. While crypto bulls will be bulls, there’s reason to be cautious around Ripple and its digital tokens. First, unlike other cryptos XRP isn’t mined by supercomputers solving complex problems. Instead, its supply is finite and Ripple controls most of it to ensure market stability, which has both advantages and drawbacks. Second, investors would also be right to question if its sensible that a currency with such a limited use case (XRP can only be used to settle payments on the Ripple platform) has a market value of $147 billion. Third, Ripple’s stablecoin RLUSD, which, unlike XRP, is pegged to the U.S. dollar and backed by the same amount of cash-equivalents according to Ripple, could struggle to keep its value on par with the dollar. That has been the case for Tether , the biggest stablecoin on the market, which in 2022 saw its value slip below its $1 peg.
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Is Cryptocurrency the Future of Finance? Here's How It Works Cryptocurrencies have risen in popularity, but how exactly do they work? Understanding the mechanics of these digital assets sheds light on their potential impact on the financial system. Essentially, cryptocurrencies are digital or virtual currencies powered by cryptography. This technology allows for secure and anonymous transactions over the internet. Unlike traditional currencies, cryptocurrencies are not controlled by a central authority, such as a government or financial institution. Instead, they operate on a decentralized network called the blockchain . A blockchain is a distributed ledger that records all cryptocurrency transactions across a network of computers. Each transaction is grouped into a block, and these blocks are chronologically linked to each other to form a chain. Once recorded, transactions are immutable , meaning they cannot be changed or deleted. This property increases the security and trust within the system. Another element that sets cryptocurrencies apart is their creation process, called mining . Miners use powerful computers to solve complex mathematical problems that validate transactions and add them to the blockchain. In return for their efforts, miners are rewarded with newly minted cryptocurrency, which introduces new coins into circulation. Additionally, cryptocurrencies offer users privacy and autonomy . Unlike traditional banking systems, cryptocurrency transactions only require the parties’ digital wallets, which hides individual identities. This appeal of anonymity and the absence of intermediaries reduces transaction fees and processing times. In short, cryptocurrencies use innovative technology to offer a new form of currency that promises autonomy, security, and efficiency. As the digital landscape evolves, understanding how cryptocurrencies function can provide valuable insights into the future of finance.
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Crypto market bleeds following hawkish rate cut decision by Fed The Federal Reserve announced a hawkish decision to cut interest rates twice in 2025. XRP, Solana and Dogecoin registered losses of nearly 10%. The crypto market has seen nearly $700 million in liquidations in the past 24 hours. Bitcoin and the crypto market are down on Wednesday following the Federal Open Market Committee (FOMC) announcement to slow down rate cuts in 2025, with the benchmark federal funds rate declining to a lower range of 4.25% to 4.50%. Fed's rate decision casts shadow on crypto market rally The Federal Reserve (Fed) cut interest rate on Wednesday by 25bps, lowering the federal funds rate to the 4.25% to 4.50% range following the December meeting. The decision to cut rates by 25 basis points matched expectations from market participants. However, the crypto market declined following the Fed's decision. This is because the market reaction may not be tied to the rate cut decision for December but the outlook for 2025. Fed Chair Jerome Powell indicated the apex bank revised their 2025 outlook and dropped the potential cuts from 4 to 2. This suggests a more hawkish outlook for the new year, sparking a sell-off across the crypto market. Likewise, the Fed raised its expectations for PCE inflation from 2.1% to 2.5% at the end of 2025, indicating that inflation may increase in the new year. It may also take a toll on the current bull rally that the crypto market has been experiencing, as investors now anticipate unfavorable market activity next year. After the announcement, Bitcoin retraced to $100,314, dropping 5.4% as the entire crypto market shaved $200 million off its market capitalization. Most top altcoins dipped alongside Bitcoin, including Ethereum, which has declined over 6% in the past 24 hours. Other tokens include XRP, Solana and Dogecoin, down by 10%, 7% and 9%, respectively. The recent decline sparked liquidations worth $675 million in the past 24 hours, with Bitcoin and Ethereum witnessing long liquidations of over $100 million each.
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Man who binned Bitcoin says it's now worth £500m A man who has spent the last decade trying to retrieve a lost Bitcoin fortune from his local landfill says it is now worth around £500m. James Howells, an IT engineer from Newport, said he accidentally discarded a hard drive reportedly containing 8,000 units of the coveted cryptocurrency back in 2013. He said it was worth £4m when it was mistakenly binned, but now estimates its value to have risen to around £500m. Newport City Council has refused his pleas to excavate the tip site, previously saying the excavation was "not possible" under its licencing permit and "excavation itself would have a huge environmental impact on the surrounding area".
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