Bitcoin’s volatile swings hint at potential recovery after a sharp 10% correction.

Altcoins rally alongside Bitcoin, driven by reduced selling pressure and optimism.

Crypto market rallies as holiday optimism stirs hopes for a year-end bounce.

Bitcoin opened the week at its highest price of the year, touching $108,250. Nevertheless, the cryptocurrency quickly went into correction mode and depreciated by 10% from its highs. The correction wiped out most of the monthly gains, and investors were

Forbes reports that the crypto czar’s leadership position is scaled back to a mere advisory role.

David Sacks slams Forbes, clarifying his focus on innovative technologies like AI and crypto.

The industry remains optimistic about Sacks’ potential role in reforming the crypto space.

David Sacks, the crypto czar appointed by US President-elect Donald Trump, has criticized a “legacy media” for reporting that his role has changed. In an X post on December 21, Sacks clarified that he would split h

Craig Wright receives a suspended sentence and £145,000 fine for contempt of court.

Ignoring court orders, Wright files $1.2T lawsuits while insisting he’s Bitcoin’s creator.

UK court dismisses Wright’s BTC creator claims, labeling his evidence as “grand forgeries.”

Craig Wright, an Australian computer scientist who insisted that he was behind Bitcoin’s pseudonym, was sentenced to one year in prison and suspended for one year on December 19 by a UK court. The court also fined Wright £145,000

Hey, Welcome to the latest edition of our Blockchain Bulletin. Today, we will explore the top crypto news and updates from the past 24 hours.

Bitcoin’s Dip and Altseason’s Emergence

Bitcoin’s value fell drastically to $92k from above the $100k mark, signalling an impending “altseason.” While several factors have affected Bitcoin’s plunge, Fed Chair Jerome Powell’s comments on the crypto and El Salvador’s loan deal with the International Monetary Fund (IMF) have contributed the most. Experts pr

Shiba Inu partners with Chainlink to enable cross-chain token transfers across 12 blockchains.

Chainlink’s CCIP and CCT standards boost Shiba Inu’s decentralized finance (DeFi) potential.

SHIB integrates Chainlink Data Streams for enhanced liquidity and faster execution in DeFi. 

Shibarium, Shiba Inu’s Layer 2 blockchain, has partnered strategically with Chainlink to bolster its Decentralized ecosystem. In this partnership, Chainlink has brought the Cross-Chain Interoperability Protocol (CCIP

Bitcoin’s (BTC) decline to below $95K ignites altseason speculation among crypto enthusiasts.

Market pressure from ETFs and the Federal Reserve outlook adds to Bitcoin’s struggles.

Analyst Crypto Rover predicts altcoins may surge by early 2025, following Bitcoin’s cycle.

The recent dip of Bitcoin to below $95,000 triggered discussions within the crypto community as to whether this may mark the start of the altseason. In a YouTube video on Friday, analyst Crypto Rover explained this movement b

Ramaswamy’s X account hacked to promote a fake DOGE and USUAL partnership.

Hackers claimed DOGE would reduce the U.S. deficit via a crypto collaboration.

The price of USUAL coin surged briefly but dropped after the scam was exposed as fake.

Amerian politician and Department of Government Efficiency (DOGE) co-leader Vivek Ramaswamy’s X account fell victim to hackers today. The hackers used his platform to promote a fraudulent partnership between DOGE and a stablecoin issuer called USUAL. The u

El Salvador buys 11 Bitcoins, worth $1.07 million, highlighting its commitment to crypto.

The move follows a $1.4 funding deal with the IMF and a subsequent BTC dip below $100k.

Stacy Herbert assures that BTC will remain El Salvador’s legal tender, unhindered by the deal.

The International Monetary Fund’s (IMF) $1.4 billion deal could not rein in El Salvador’s Bitcoin ambitions! El Salvador doubles down on its unwavering commitment to crypto by adding 11 Bitcoins to its reserves. This move co

Senator Lummis proposes a U.S. Bitcoin reserve to back the dollar and reduce debt.

The plan includes acquiring 1M Bitcoin over five years, projecting $16T in 20 years.

Lummis defends Bitcoin as “digital gold,” citing long-term growth and finite supply.

U.S. Senator Cynthia Lummis has responded to Federal Reserve Chairman Jerome Powell’s stance on Bitcoin ownership. She discussed a proposal for a national Bitcoin reserve strategy that could help address America’s growing national debt and stre

Hey folks, Welcome back! With the crypto market crawling back to normalcy, let’s look at the highlights that occurred across the community over the past 24 hours. From steep dips to wider adoption, the market witnessed various developments in the digital assets sector.

Powell’s Statements Shake the Market

Federal Reserve Chair Jerome Powell‘s recent speech at the FOMC put a lot of pressure on the financial sector, including cryptocurrencies. Powell’s indication that rate cuts may slow down nex

Binance.US plans to resume USD services in 2025, marking a key step in regaining user trust.

Reed calls fiat services the platform’s most anticipated feature amid regulatory challenges.

Binance.US focuses on custody, wallets, and USD offerings despite past SEC legal pressures.

Binance.US has revealed plans to resume USD services beginning in early 2025. This marks a significant operational change, given that the company has been limited by banking access for some time. This decision was annou

Fartcoin hits $1B market cap, soaring 234% in 30 days amid altcoin market downturn.

Investors flock to Fartcoin, with its price surging 22% as other cryptocurrencies tumble.

Fartcoin’s rise ignites debates on monetary policy and speculative crypto market dynamics.

On Dec. 18, a Solana-based memecoin, Fartcoin, captured the crypto community’s attention by soaring past $1 billion in market cap. The token has been up 234% in the last 30 days. This impressive surge happened while the rest of the

El Salvador eases Bitcoin policies under a massive $1.4 billion loan deal with the IMF. 

The agreement allows businesses to choose whether to accept Bitcoin as payment.

The IMF also suggests the government reduce its involvement in the Chivo crypto wallet.

El Salvador’s ambitious Bitcoin policies may be left unrealized as the country enters into a massive $1.4 billion loan deal with the International Monetary Fund (IMF). Citing inherent risks associated with Bitcoin adoption, the IMF recommen

Recent rise in VIX to 28.27 suggests growing fear and uncertainty in financial markets. 

Higher VIX values indicate increased volatility, whereas low VIX values signal low volatility. 

VIX reached around 90 during the 2008 financial crisis & 85 during the COVID-19 pandemic.  

The Volatility Index (VIX), often called the “fear gauge,” measures the volatility in the S&P 500 index. Recently, VIX rose to a high of 28.27 in mid-December 2024 before stabilizing around 20, signaling increased market

FTX/Alameda has reduced its WLD holdings from 25M to 334K tokens, worth around $800,000.

21.856M WLD tokens, valued at $58.77M, were sent to BitGo custody wallets for OTC sales.

Since August, FTX/Alameda transferred 2.809M WLD to Binance via weekly transactions.

FTX/Alameda has nearly cleared all WLD holdings from its balance sheet and now holds 334,000 WLD, which is valued at roughly $800K. The firm had 25 million WLD from investments, of which multiple transactions were carried out to distr

Justin Sun’s team urged Bullish to remove an article on his $6.2M banana artwork stunt.

CoinDesk pulled the article, sparking internal staff debate over editorial independence.

The article remains available on Yahoo News but absent from CoinDesk’s platform.

Justin Sun’s team asked Bullish, the parent company of CoinDesk, to take down an article that covered Sun eating Maurizio Cattelan’s $6.2 million banana artwork. The article titled “I Watched Justin Sun Eat the World’s Most Expensive Banan

Hong Kong’s SFC has licensed four new crypto exchanges, expanding the total to seven.

The licensing aligns with Hong Kong’s goal to be a regulated cryptocurrency hub.

Approved exchanges must meet strict compliance before beginning their operations.

Hong Kong’s Securities and Futures Commission (SFC) has granted licenses to four new crypto exchanges. The newly licensed platforms include Accumulus GBA Technology (Hong Kong) Co., DFX Labs Company, Hong Kong Digital Asset EX, and Thousand Whales

Sky accelerates migration from MKR to SKY tokens, aiming for completion by 2025.

New deflationary SKY tokenomics include rewards in USDS and upcoming Star tokens.

SubDAOs called Stars to scale the Sky ecosystem, with Spark set to launch in 2025.

Sky, previously Maker, is now stepping up its transition from MKR to SKY tokens on its decentralized finance platform. On December 18, Rune Christensen, Sky’s co-founder, spoke about this plan in his post. This migration is expected to clear all the c

Bitcoin drops 5% to $98,700 after Jerome Powell signals cautious rate-cut plans.

XRP, Solana, and Dogecoin face declines while $803M in futures liquidations are recorded.

Powell dismisses the Fed’s Bitcoin ownership, adding to the ongoing market pressure.

The cryptocurrency market experienced a sharp correction following Federal Reserve Chair Jerome Powell’s comments on interest rate policy and Bitcoin. Major cryptocurrencies like XRP and Solana also experienced single-digit price losses in t

Hey folks! Welcome back to our Blockchain Bulletin, where we explore the key incidents in the past 24 hours. The 18th of December witnessed major updates as Bitcoin stood steady above the $100k level for the fourth consecutive day.

Despite a temporary pause in its upward trajectory today, Bitcoin‘s remarkable surge past $108,000 has sparked widespread optimism among investors and analysts. Notably, Bitfinex analysts have made a bold prediction, forecasting that the cryptocurrency’s target price