After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund (IMF).

The agreement, which needs the approval of the IMF Executive Board, aims to support El Salvador’s reform agenda, boost fiscal and external sustainability, and create conditions for stronger, inclusive growth.

IMF Loan Agreement with El Salvador

According to the official press release, the program is expected to catalyze additional fin

Osprey Funds, LLC, a U.S.-based crypto investment firm, has announced that the Osprey BNB Chain Trust is now publicly quoted on the OTCQX® Best Market.

Interestingly, the fund happens to be the first in the US to provide exposure to BNB, the native token of the BNB Chain ecosystem. It aims to offer a way for investors to access the cryptocurrency through traditional brokerage and IRA accounts.

BNB Gains US Accessibility

In its official press release this week, Osprey highlighted that BNB unde

Cryptocurrency enthusiasts are turning to meme coins over traditional assets like Bitcoin (BTC) and Binance Coin (BNB), according to the latest study conducted by Binance.

The findings, released on December 18 as part of the Binance Global User Survey, sampled over 27,000 customers across Asia, Australia, Europe, Africa, and Latin America.

Meme Coins Outpace Bitcoin and Ethereum

Binance revealed that 16% of respondents reported holding meme coins, making them the most-owned cryptocurrency amo

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Although the entire cryptocurrency market corrected severely in the past 36 hours, DOGE is among the poorest performers as its price dumped by more than 25%.

Many analysts weighed in on DOGE’s upcoming price developments, with some predicting a further drop to key resistance lines such as $0.22.

The price charts across the entire cryptocurrency market have been in a deep red state ever since yesterday’s FOMC meeting. Although the Fed indeed cut the interest rates by 25 basis points as

A federal judge in California has denied BiT Global Digital Ltd.’s request for a temporary restraining order (TRO) to prevent crypto exchange Coinbase from delisting wrapped Bitcoin (wBTC) from its platform.

US District Judge Araceli Martínez-Olguín ruled Wednesday that BiT Global failed to present sufficient evidence to demonstrate “imminent irreparable harm” if the delisting proceeds.

Coinbase Cleared to Delist wBTC

The judge also criticized the speculative nature of BiT Global’s claims and

The adverse price developments that started after the controversial statements by the Chair of the US Federal Reserve continue today as well, with BTC dumping to under $98,000.

The altcoins have been hit even more severely, with massive double-digit losses from the likes of ETH, DOGE, ADA, AVAX, LINK, and many others.

Cryptocurrency Market Overview. Source: QuantifyCrypto

CryptoPotato reported yesterday’s price movements, which came just minutes after the latest FOMC meeting, in which Powell

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A whale turned a $3,800 investment in SHIB into over $6 million, with remaining holdings valued at $52 million.

Another trader previously saw a 628x ROI from a $2,500 SHIB purchase, potentially gaining $1.58 million.

The Multi-Million Trade

The meme coin sector is full of tokens that have experienced colossal price increases in the past few years, thus giving savvy traders the chance to make substantial profits. Among the notable examples is Shiba Inu (SHIB), which erased multiple zero

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Shibarium has burned $1.5M worth of SHIB and enabled low-cost transactions, boosting ecosystem development.

Despite the protocol’s advancement, SHIB dropped 25% in two weeks amid an overall decline in the meme coin sector.

Shibarium’s Help

Shiba Inu’s layer-2 scaling solution officially saw the light of day in August last year. While its ultimate goal is to foster the development of the entire SHIB ecosystem, LUCIE (a prominent member of the meme coin’s team) recently shed more details

Since the launch of the spot Bitcoin exchange-traded fund (ETF) of the world’s largest asset manager, BlackRock, in January 2024, the fund has seen exponential growth, occasionally crushing milestones.

In a tweet, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, highlighted the latest feat for BlackRock’s iShares Bitcoin Trust (IBIT). The ETF’s assets under management (AUM) are nearly double the figure that the BlackRock iShares Gold Trust (IAU) took 20 years to at

Bitcoin has surged to a new all-time high, briefly exceeding the $108K threshold in an impulsive rally.

However, another Federal Reserve rate cut and some cautious comments unexpectedly resulted in a rejection, increasing the likelihood of an extended retracement.

Technical Analysis

By Shayan

The Daily Chart

Bitcoin recently achieved a new all-time high of just over $108K following a powerful rally, breaking through the significant psychological resistance at $100K with remarkable momentum.

Cardano recently initiated a strong upward rally, reclaiming its yearly high of $0.8 and advancing to the critical $1.3 resistance zone.

However, the market is expected to enter a consolidation phase, with price fluctuations between the $0.8 and $1.3 range.

Technical Analysis

By Shayan

The Weekly Chart

Cardano has recently experienced a surge in buying pressure, rallying from the critical $0.3 support zone. This bullish momentum enabled ADA to reclaim its prior yearly high of $0.8 and reach

Exodus Movement Inc., the financial technology company behind the Exodus self-custodial crypto wallet, has officially entered Wall Street.

It joins a select group of crypto-centric companies making their mark on major U.S. bourses, trading under the ticker “EXOD” on NYSE American, a sister platform of the New York Stock Exchange.

Taking Wall Street by Storm

The firm’s first full day on the market was eventful, with its stock surging 36.33% to close at $53.50 while registering an impressive in

In 2024, hackers associated with North Korea set a new record for cryptocurrency theft. Notorious for their advanced skills in malware deployment, social engineering, and crypto asset theft, these hackers often channel stolen funds into state-sponsored projects, including weapons of mass destruction and missile programs, bypassing global sanctions.

In 2023, they stole around $660.5 million through 20 incidents, but this amount surged to $1.34 billion across 47 cases in 2024, marking a 102.88% i

On December 18, Solana-based meme coin Fartcoin hit a new all-time high (ATH), briefly pushing its market capitalization beyond the $1 billion mark.

The surge came amidst a slump in the broader crypto market caused by pressure from the U.S. Federal Reserve announcing a 25-basis point rate cut, coupled with projections of fewer rate reductions in 2025.

Lighting Up the Market Gloom

The Fed’s announcement seemed to have rattled investors, with major cryptocurrencies such as Bitcoin and Ethereum

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The launch of Ripple’s stablecoin launch, leadership changes at the SEC, and a potential lawsuit settlement could impact XRP’s future.

Analysts forecast short-term targets of $2.78 to $8.76, with potential for further growth if the price reaches $10.

Wait for These Things to Happen

Despite the latest correction, which briefly suppressed the price of XRP to under $2.25, Ripple’s native token remains one of the best performers in the market this year. It currently trades at around $2.42,

The Fed’s controversial stance on upcoming rate cuts put a lot of pressure on riskier assets like crypto, and bitcoin tumbled by over eight grand within a day or so to under $99,000.

The altcoins suffered even more, with massive price drops from the likes of XRP, AVAX, DOGE, LINK, and many, many others.

BTC’s Crash

Bitcoin’s price movements ahead of yesterday’s crash were highly positive as the asset had added more than fourteen grand from December 10 until December 17. This resulted in soari

Although the US Fed reduced the key interest rates by 25 basis points as expected, Jerome Powell made a couple of remarks that impacted the entire crypto market in a highly negative manner.

The central bank’s Chair warned that the rate cuts for 2025 could be fewer after the three consecutive ones at the end of 2024 and warned that the US is “not allowed to own bitcoin,” despite Donald Trump’s promise to explore how the country could put BTC on its balance sheet.

Riskier assets like cryptocurre

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The Shiba Inu community was warned about scammers asking for emails related to SHIFU purchases or claims.

Users should avoid sharing personal details and verify information only through official channels.

Beware, ShibArmy

Shibarium Trustwatch recently issued another important alert concerning the Shiba Inu community. The team cautioned that scammers request victims to send them an email containing information about the meme coin SHIFU. 

“Fraudsters are asking people to send them an em

Ohio State Representative Derek Merrin has introduced House Bill 703, known as the Ohio Bitcoin Reserve Act, in a bid to authorize the state treasurer to invest public funds in BTC.

The latest initiative is announced as part of Merrin’s broader vision to leverage innovative financial solutions. The legislation provides the framework for Ohio to incorporate Bitcoin into its state treasury portfolio.

Ohio Bitcoin Reserve Act

Merrin highlighted concerns about the ongoing devaluation of the US do

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XRP was the top performer from the larger-cap alts until yesterday afternoon, but its price has tumbled hard by double digits since then.

Could that be related only to the market-wide retracement, or is there more to the story, such as another ‘sell-the-news’ event?

Recall the price developments around XRP that took place earlier this week. The asset stood at around $2.35 but exploded on Monday evening to almost $2.6 after the company behind it announced that its long-anticipated stabl