The PENGU token from Pudgy Penguins gained 30% recently. At the same time, Solana broke its record for daily blockchain activity. Together, they are creating excitement in the crypto market.
PENGU’s 30% Bounce: What’s Happening?
Pudgy Penguins, a top NFT project, launched its token, PENGU, with a huge airdrop. Over 7 million wallets are eligible to claim tokens. Users have 88 days to collect 23.5% of the total supply, equal to 20.6 billion coins. At launch, it reached a value of
Shiba Inu [SHIB] has had a tough time recently, dropping 11% over the last month. Right now, SHIB trades at $0.00002167. This decline comes from increased selling and weak demand. However, rising whale activity might change things soon.
SHIB’s Current Trends
On the 4h chart, SHIB shows signs of selling pressure. Its Relative Strength Index (RSI) dropped to 40,75, which is close to oversold levels. This means SHIB might recover if selling slows. Yet, without stronger buying, it co
The holiday season is here, and the crypto market is busy. Bitcoin [BTC] and altcoins are in a race for attention. BTC is seen as a steady choice, while altcoins attract traders hoping for bigger but riskier rewards.
Bitcoin Stays Strong
Bitcoin remains steady during this time. Its price is $99,283,. BTC’s dominance stands at 57%, showing it’s still the favorite among many investors. In the last 24 hours, BTC’s trading volume hit $43.87 billion. This shows both institutional and
XRP is getting attention as it stays near $2.30, showing a bullish pennant pattern. nonetheless, this pattern often hints at a strong move upward. If XRP breaks past this level, it might aim for $3, which is an important psychological milestone. Let’s look at what’s pushing ripple’s price and what could happen next.
What’s Driving XRP’s Momentum?
XRP’s recent price changes have formed a bullish pennant flag. furthermore, this setup suggests a period of stability before a possible
Union Square Ventures (USV) transferred 578,000 Uniswap (UNI) tokens to Coinbase Prime. The transfer is worth $8.45 million. It happened in the last nine hours. This move follows other UNI transfers by USV this month.
Recent UNI Token Transfers
USV has moved UNI tokens several times this month. On Dec. 19, it sent 1.156 million tokens to Coinbase Prime. These were worth $17.34 million at an average price of $15.07 per token.
Rumors claim Biden may pardon Sam Bankman-Fried. The former FTX CEO could avoid prison time, and many think his political ties may help. Some call it unfair, while others see it as possible. Bankman-Fried is tied to crypto’s biggest failure. His case sparks debates on fairness and trust. Elon Musk joined the discussion with strong words.
Rumors About Bankman-Fried
Sam Bankman-Fried led FTX before it failed. He now faces charges that could mean 25 years in prison. However, his law
Litecoin (LTC) is gaining strength again after weeks of losses. Recently, its price started moving up, helped by a clear rise in daily active addresses and more activity on its network. These changes have given hope to investors. Let’s look at LTC’s price levels, the increase in activity, and what could happen next.
Key Price Levels for Litecoin
LTC is currently trading at around $110, just above its important support level of $100. In addition This level is strong because it’s b
Bitcoin exchange-traded funds (ETFs) in the U.S. are losing funds. Meanwhile, for three days, BTC ETFs saw outflows while prices dropped below $93,000. The Federal Reserve’s recent rate decision added pressure.
ETF Outflows: Key Data
According to SosoValue, BTC ETFs recorded $226.56 million in inflows on Dec. 23. However, this followed three days of heavy outflows totaling $1.18 billion. The biggest outflows came from Fidelity’s FBTC, which lost $145.97 million. In addition, Gray
The Santa Claus rally faces doubt as Bitcoin trades at $94,955. Trading volumes stay strong, but signals are mixed. This week could decide if the rally will continue. Recent market drops raise concerns, but time remains for a final push. This rally happens in late December when prices often rise. Many traders focus on it for year-end gains. As 2024 ends, investors wonder if the rally is over or if it will bring more growth.
Sonic, a Solana gaming network, is giving free tokens to TikTok users. Moreover, the goal is to bring more people into blockchain gaming. By connecting TikTok users to Web3, the platform makes crypto games simple and easy. Sonic is a layer-2 gaming network on the Solana blockchain. The team created Sonic X, a game that works directly on TikTok. This design is like The Open Network (TON), which built games for Telegram users.
Ethereum (ETH) has faced strong selling pressure recently. Over the past week, its price dropped by 16.48%, hitting a low of $3,095. This sharp decline followed two failed attempts to break the $4,000 resistance level. However, there are signs of hope. Signals from Ethereum’s futures and spot markets suggest the altcoin could recover and climb back to $3,400.
Ethereum Futures Cool Down After $4K Rejection
According to Cryptoquant, Ethereum’s rejection at $4,000 caused large liq
As Bitcoin’s influence grows, altcoins are struggling to keep up. Many wonder if the days of big gains for altcoins are over. With Bitcoin pulling more attention, altcoins face tough challenges that are hard to ignore.
Discounts on Altcoins With Bitcoin Price Drop
After BTC’s price recently dropped, many altcoins followed with sharp declines hence, Prices of major altcoins fell between 10% and 30% in just one week. Ripple [XRP] dropped nearly 10% but stayed above $2. Cardano [ADA
As Bitcoin leads the market recovery, can Dogecoin find a serious place again? The answer is not simple. DOGE lost many retail buyers recently due to doubts about its fundamentals. Could this be a turning point for the popular memecoin?
DOGE Shows Signs of Recovery
Memecoins, including DOGE, have faced big losses over the past month. Most dropped well below key price levels. Even the largest memecoin, struggled. However, recent market trends show a hint of recovery. In the last 2
BONK memecoin struggles to recover after a sharp drop. The $0.00004 resistance level blocks its progress. This key level, seen on the daily chart, shows strong selling pressure. A bounce to this level might happen soon, but a true bullish shift needs more capital inflow.
BONK Losses and Downtrend
Between November 20 and December 20, BONK dropped by 59%. The steady fall included heavy selling days, like December 9. On that day, Bitcoin failed to break the $100,000 mark, which affe
Bitcoin’s future looks bright, with some predictions showing Bitcoin could reach $200,000 in 2025. However, for this to happen, certain market conditions need to align.
Current Bitcoin Market Update
Bitcoin recently crossed $100,000, which was a big milestone. But shortly after, the price fell. At the time of writing, BTC trades at around $98,101. This shows a small 0.85% increase in the last 24 hours. However, its market cap still holds strong at $1.95 trillion. Despite the dip,
After dropping over 20% last week, PEPE seems to be making a comeback. The token gained more than 4% in just the last 24 hours. But does this mean PEPE is on the road to a full recovery, or are more challenges ahead?
Signs That PEPE Is Recovering
PEPE had a rough week, losing over 20% of its value in just seven days. However, things started to look better in the last 24 hours. Its value rose by 28% per ByBit, trading at $0.000018618 at the time of writing. Not only that, but its
Haliey Welch, called the “Hawk Tuah girl,” spoke out after her Solana meme coin crash. Meanwhile, the Hawk Tuah token lost 95% of its value minutes after its launch. Welch stayed silent for 333 hours before posting on X. Additionally, she said said she is working with a federal lawsuit. The crash caused $150,000 in losses for 12 American investors. Notably, Welch posted her statement less than 24 hours after Burwick Law filed the lawsuit. It was her first public response since Dec.
VIRTUAL is quickly becoming a strong name in the altcoin market for investors. While meme tokens remain risky, VIRTUAL stands out for its rapid growth. Just two months before its first anniversary, VIRTUAL jumped from its starting price of $0.04977 to $2.56. In the last 30 days, it surged nearly 500%, outperforming top tokens in the crypto space. This incredible growth signals a shift. Low-cap tokens like VIRTUAL are gaining trust as safer bets. Could these coins become the smart c
North Korea’s hackers set new records in 2024. They stole $1.6 billion in crypto this year, according to Chainalysis. In fact, this is much higher than the $660.5 million stolen in 2023. It shows how cybercrime funds the regime’s plans. Moreover, hackers linked to North Korea stole 61% of all crypto this year. Hackers drained $2.2 billion from platforms in 2024. North Korea carried out 47 attacks, which is double the number in 2023. Additionally, these attacks targeted crypto platf
Japanese company Metaplanet is finally making a profit for the first time in seven years. In reality, this big change comes just months after it added Bitcoin to its business plan. On December 18, Metaplanet announced that it expects to make 890 million yen ($5.8 million) in revenue this year. In comparison, last year, it made only 261 million yen. Furthermore, the company also expects an operating profit of 270 million yen. This is a huge improvement, especially when compared to t