Vancouver’s city council has voted in favor of exploring the use of BTC in municipal finances, marking a significant step toward making the city “Bitcoin-friendly.”

Mayor Ken Sim introduced the motion, which passed on Wednesday with strong support from six councilors. Two voted against it, and three were absent.

Vancouver to Explore Bitcoin Integration

The mayor’s initiative aims to explore Bitcoin as a potential safeguard against inflation and currency devaluation. In a statement, Sim, who i

AAVE, the native token of the decentralized crypto lending platform Aave, surpassed $363 after surging by approximately 30% over the past day.

This is the first time since 2021 that the asset has recorded a crucial milestone in a rally powered by a huge wave of coins moving back into circulation.

Major AAVE Stakeholders Circulate Dormant Coins

As highlighted by Santiment in its latest analysis, this surge is coupled with a significant drop in the “Mean Dollar Invested Age,” a key indicator su

Ethereum has emerged as the leading blockchain for Tether’s USDT supply, surpassing Tron in a monumental shift for stablecoin dominance.

Over the past month, Tether issued $20 billion in USDT on the network, possibly marking it as the go-to blockchain for activity involving the fiat-pegged cryptocurrency.

Strategic Expansion

Figures shared by the on-chain data platform Token Terminal show that Tether’s $20 billion issuance on the world’s largest blockchain by total value locked is nearly twic

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Pi Network users in South Korea surpass Binance’s user base in the country.

The project’s open mainnet launch awaits final verifications, with updates expected in the following weeks.

Pi Network Outpaces Binance on This Front

The cryptocurrency project Pi Network, which allows individuals to mine digital assets directly from their smartphones, remains one of the most discussed topics in the space. It saw the light of day over five years ago but its open mainnet and native token have ye

Nearly a year since United States-based spot Bitcoin exchange-traded funds (ETFs) were launched in January, the funds have experienced remarkable growth.

Inflows into the 12 funds have surpassed 500,000 BTC.

Spot Bitcoin ETFs Attract Over 500K BTC

In an X post, Vetle Lunde, head of Research at the digital assets research firm K33, stated that spot bitcoin ETFs currently have 500,925 BTC in cumulative net inflows, worth over $50.5 billion at today’s price.

Notably, BlackRock’s iShares Bitcoin

On December 11, privacy coins stole the spotlight as the market surged, led by notable gains across key tokens.

Data collected from crypto price tracking websites revealed that Verge (XVG) rose by 37.4% across 24 hours, with Zcash (ZEC) and Monero (XMR) also posting significant gains, up 15.4% and 12.3%, respectively.

Privacy Coin Resurgence

The sector repeated the feat on December 12, with figures from CoinGecko indicating that privacy coins have increased 10.3% over the past day.

At the ti

Ethereum has been oscillating within the critical $3.5K–$4K range, with its price recently finding support near the lower boundary at $3.5K.

Following this rebound, the bulls are attempting a renewed push toward the $4K resistance level.

Technical Analysis

By Shayan

The Daily Chart

The upward momentum in Ethereum’s price met a pause at the $4K resistance, which has proven to be a key selling zone. This rejection led to a decline toward the lower boundary of the range at $3.5K. However, rene

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Cardano’s price soared to as high as $1.17, with market cap surpassing $40 billion amid bullish network indicators.

73% of ADA investors are now in profit, a sharp recovery from August’s lows when the majority of the token’s holders were underwater.

ADA Heads North

The cryptocurrency market experienced a notable recovery in the past 24 hours, with multiple leading digital assets charting impressive gains. Bitcoin (BTC), for instance, jumped above $100,000 again, while Ethereum (ETH) is

Thomas Peterffy, Chairman of Interactive Brokers, has expressed a cautious endorsement of Bitcoin as a component of investment portfolios.

During a Bloomberg podcast released on Thursday, Peterffy suggested allocating 2% to 3% of one’s net worth to Bitcoin, warning that going beyond 10% could pose “too dangerous” financial risks. His comments highlight a balanced perspective, advocating for diversification while acknowledging the speculative nature of cryptocurrencies.

Peterffy’s Bitcoin Advic

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PNUT surged to almost $1.40 before stabilizing at $1.27, driven by Coinbase adding it to its “roadmap” and an overall resurgence in the meme coin sector.

Inspired by a controversial incident involving a pet squirrel, PNUT gained massive attention after its launch in November, with early investors reaping significant profits during its explosive bull run.

PNUT on the Run Again

Peanut the Squirrel (PNUT) – a Solana-based meme coin which saw the light of day in November this year – took c

After a few days of price losses, bitcoin has finally gone on a tear and soared past $100,000 and even tapped $102,000 for the first time since Friday.

The altcoins are also well in the green, with massive double-digit price gains from the likes of AAVE, HYPE, SUI, LINK, BEAM, and many others.

BTC Jumps to $102K

The primary cryptocurrency tried to conquer the six-digit entry mark during the weekend but was stopped on a couple of occasions. The subsequent rejections extended into the start of

World Liberty Financial (WLFI), a decentralized finance (DeFi) initiative endorsed by President-elect Donald Trump, has made headlines with a significant $12 million purchase.

Using USD Coin (USDC), WLFI acquired various tokens, including Ethereum (ETH), Chainlink (LINK), and Aave (AAVE).

WLFI’s Crypto Buying Spree

Blockchain analytics platform Lookonchain reported that the transactions were recorded on December 12 via WLFI’s multi-signature wallet. Data from Etherscan shows the fund bought $

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SHIB was predicted to witness a 180% rally supported by strong on-chain metrics and Shibarium’s growing adoption.

On the other hand, declining network growth and fewer large transactions suggest possible downward pressure.

Is SHIB Gearing up for a New Rally?

The second-largest meme coin has performed quite well in the last three months, registering a price increase of over 100%. It reached a local peak on December 7, but shortly after, it dipped substantially amid the latest market cor

On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic partnership to promote USDC, a stablecoin jointly owned by Circle and Coinbase.

The collaboration comes as stablecoins gain traction in mainstream finance and competitors seek to challenge the dominance of market leader Tether.

The Alliance

Details about revenue sharing in this arrangement remain undisclosed, though sources informed Fortune that Binance will not acquire an equity stake in Circle.

According to the pre

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The entire cryptocurrency market experienced sharp declines in the past few days before prices recovered, with BTC jumping above $100,000 once again.

On-chain data shows that whales holding some of the biggest and most popular crypto assets used this opportunity to stack up.

BTC Whales Buying

Recall the price events that transpired since the start of the week. Bitcoin tried its hand at taking down $100,000 on a couple of occasions during the weekend, but each was met with a severe cor

Bitcoin had a brief hiccup for two days, Monday and Tuesday, against the backdrop of a roaring month-long bull rally for the cryptocurrency.

More recently, BTC absolutely melted up from $68,000 at the start of November to a record high above the $100,000 level in about 30 days. But the brief pull-back may have only been the little orange coin taking a breath for its next sprint up the chart.

While Bitcoin has massively outperformed stocks and bonds in 2024, it has also markedly outpaced price

Whale deposits into Binance have surged to a six-month high, with over 2.66 billion XRP tokens moved to the exchange in the past 30 days.

According to the latest analysis by CryptoQuant, this figure marks the largest influx of XRP by large holders since April 2024, indicating a notable uptick in activity among whales.

These large inflows suggest that big XRP holders are actively transferring tokens across the network and engaging with Binance as a key exchange.

Meanwhile, crypto whales purcha

A new wave of crypto scams has emerged, with attackers using fake X accounts to impersonate popular influencers and lure unsuspecting users into fraudulent Telegram groups.

Users are then manipulated into installing malware that compromises crypto wallet data.

Scammers Moving Beyond Simple Phishing Scams

According to blockchain security firm Scam Sniffer, the scammers comment on legitimate posts, enticing users with offers of exclusive investment insights and “alpha” tips. Once individuals jo

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Analysts predict ETH could hit $5,000 or even $10,000, with key resistance at $3,750 signaling a potential breakout.

Rising daily active addresses and positive network growth suggest increasing Ethereum adoption, supporting a bullish outlook.

Where’s ETH Headed Next?

The second-largest cryptocurrency was on a tear last week, with its price briefly surpassing $4,000 on December 6. This was the highest level witnessed since March 2024.

Since then, though, ETH started losing steam, tumbl

In October, Raydium made history by becoming the number one DEX by volume across all chains, a milestone it quickly built on in November.

According to Messari’s latest report, Raydium surged ahead of Uniswap in monthly DEX volumes by a striking 30%, achieving $124.6 billion compared to Uniswap’s $90.5 billion.

Raydium Leaves Uniswap Behind

Raydium has steadily increased its share of Solana’s DEX volume this year. Since March 6, Raydium has consistently outperformed Orca, its closest competito