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Shiba Inu Sees Surge in Whale Activity Amid Price Recovery
Shiba Inu (SHIB) is experiencing a significant uptick in whale activity as key holders push to reclaim price momentum. According to data from crypto analytics platform IntoTheBlock, SHIB whales moved 12.16 trillion tokens in just 24 hours, marking a 41% surge in large transactions. More than 520 transactions valued at $100,000 or more were recorded …
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MicroStrategy Expands Board to Bolster Bitcoin Strategy
MicroStrategy has strengthened its commitment to digital assets by expanding its Board of Directors from six to nine members. The new additions—Brian Brooks, Jane Dietze, and Gregg Winiarski—bring extensive expertise in cryptocurrency, finance, and technology. Brian Brooks, former Binance US CEO and a well-known crypto regulation advocate, has also held leadership roles at Coinbase and …
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Early Shiba Inu Investor Nets $9.59M Amid Market Downturn
An early Shiba Inu (SHIB) investor capitalized on the ongoing market downturn, selling nearly 400 billion tokens for a staggering $9.59 million profit. The transaction was reported by Lookonchain, a platform monitoring significant financial movements in the crypto space. The investor initially purchased 15.28 trillion SHIB for just $3,800 in August 2020 at an average …
Hoskinson Dismisses XRP, HBAR Rumors in U.S. Crypto Reserve Speculation
Recent rumors about the inclusion of XRP and Hedera (HBAR) in a potential national cryptocurrency reserve under Donald Trump’s incoming administration have been debunked by Cardano founder Charles Hoskinson. The speculation originated from Shawn (@oroogle) on X, who claimed the reserve would incorporate Bitcoin, XRP, and HBAR as “American Commodities” to strengthen the U.S.’s global …
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Cardano (ADA) has experienced a 20% drop in value, mirroring broader market conditions. While this decline has put pressure on short-term investors, it could present a strategic buying opportunity for long-term holders. MVRV Ratio Indicates a Potential Reversal Cardano’s Market Value to Realized Value (MVRV) ratio reveals that investors who purchased ADA in the last …
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Bitcoin ETFs Witness Record Outflows Amid Market Volatility
The cryptocurrency world is reeling from a historic $671.9 million net outflow from Bitcoin ETFs, marking the largest withdrawal since their inception. This sharp reversal follows a 15-day streak of inflows, highlighting changing investor sentiment toward digital assets. The most significant outflow came from Fidelity’s FBTC, which saw a staggering $208.5 million withdrawn. Contrasting this …
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Bitcoin’s Drop Below $100K Sparks “Buy the Dip” Frenzy
As Bitcoin dipped below the $100,000 psychological barrier, social media chatter about “buying the dip” surged to its highest level since April, according to crypto analytics firm Santiment. On December 19, the social dominance score for “Buying the Dip” reached 0.061, reflecting heightened interest in the strategy. This marked the highest level since April 12, …
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El Salvador Cuts Bitcoin Policies Amid $1.4 Billion IMF Loan
IMF Loan Deal Highlights El Salvador has finalized a $1.4 billion loan agreement with the International Monetary Fund (IMF) to strengthen its fiscal stability and drive inclusive economic growth. Pending IMF Executive Board approval, this deal also opens the door to additional financial backing from the World Bank and regional development banks, potentially raising the …
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Key Criticisms of XRP Ripple’s XRP has seen extraordinary growth, surging nearly 500% from $0.50 to $2.60 in recent months. However, a video titled “Everything That’s Wrong With XRP” has sparked heated debates in the crypto community, highlighting three major criticisms: Stablecoin Competition: The video claims that stablecoins are overshadowing XRP as a bridge currency …
Own the Doge DAO Sparks Debate Over the Official Neiro Token
The Own the Doge DAO is stirring up the crypto community after acquiring intellectual property rights for Neiro, the successor to Kabosu—the iconic Shiba Inu that inspired the original Doge meme. With Kabosu’s passing, her owner Atsuko Sato adopted Neiro, sparking a wave of memecoins vying for association with the younger Shiba Inu. A Battle …
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WazirX Faces Renewed Scrutiny Over $235M Hack, WRX Delisting
The WazirX hack saga has taken a critical turn as the Delhi High Court mandated a fresh probe into the $235 million breach. The court intervened after the initial police investigation failed to uncover sufficient criminal evidence. The hack, reportedly linked to a North Korean hacking group, exploited platform vulnerabilities in July 2024. Efforts to …
XRP Targets $4 Amid Whale Accumulation and RLUSD Launch
XRP has been on a remarkable rally, surging nearly 300% over the past few weeks to levels last seen seven years ago. However, the momentum has recently slowed, with the token consolidating around the $2.6 mark. According to crypto analyst Ali Martinez, breaking this critical resistance level is crucial for XRP to aim for a …
Cardano (ADA) Elliott Wave Analysis: Key Levels and Bullish Targets
Cardano’s (ADA) daily chart reveals a parabolic rally in Wave 3, peaking at $1.31 near the 1.616 Fibonacci extension. Following this sharp rise, momentum has slowed, forming a descending wedge that signals a Wave 4 corrective pullback. Key support levels are at $1.01-$0.90, aligning with Fibonacci retracement zones. If the correction deepens, ADA could test …
Senator Lummis Advocates Strategic Bitcoin Reserve for U.S. Fiscal Policy
Senator Cynthia Lummis has intensified her efforts to integrate Bitcoin into U.S. fiscal policy, emphasizing its potential to combat inflation and reduce national debt. Her latest proposal, the BITCOIN Act, aims to establish a strategic Bitcoin reserve, marking a bold move to include digital assets in national financial planning. Bitcoin as a National Reserve Asset …
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SEC Commissioner Crenshaw’s Exit Sparks Optimism for Crypto
The crypto industry has achieved a notable victory with the departure of SEC Commissioner Caroline Crenshaw, known for her firm anti-crypto stance. The Senate Banking Committee’s decision to cancel her renomination effectively ends her tenure, signaling potential regulatory shifts. A Controversial Tenure Crenshaw, who joined the SEC in 2020, was a close ally of SEC …
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Bitcoin Hits $107K As Crypto ETFs and Altcoins Gain Momentum
The year 2024 ends with Bitcoin smashing its all-time high of $107,000, while altcoins like Ethereum, Solana, and XRP are trading in the green. This rally is fueled by optimism surrounding lower interest rate cuts in December and MicroStrategy’s inclusion in the Nasdaq 100 index, which has bolstered investor confidence. Crypto ETFs on the Horizon …
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Best Crypto PR Networks for 2025: a Comprehensive Overview
In this review, we’ll examine Blockchain-Ads PR, a prominent PR distribution platform that claims to have the largest network of top-tier crypto media outlets like Cointelegraph, BeInCrypto, and more. This review highlights Blockchain-Ads PR’s features, benefits, and competitive strengths while comparing it to other major crypto PR platforms. How Does Blockchain-Ads PR Work? Getting started …
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Metaplanet Inc., often dubbed the “Asian MicroStrategy,” has announced its fourth series of ordinary bonds valued at ¥4.5 billion ($30 million). The funds raised will once again be directed toward acquiring more Bitcoin (BTC) as part of the company’s ongoing investment strategy. Bitcoin Acquisition Strategy Continues Metaplanet has been consistently purchasing Bitcoin for the past …
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Binance Expands BFUSD Trading Limits for VIP Users Across All Levels
In a significant upgrade, Binance has announced an increase in position limits for its unique yield-based margin asset, BFUSD. The enhancement will apply to all users across VIP levels 0 to 9, providing increased trading capacity and flexibility. The changes will officially take effect on December 17, 2024, at 15:00 (UTC+8). What’s Changing? Each master …
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Ripple’s RLUSD Stablecoin Launch Sparks Frenzy Among Crypto Enthusiasts
Ripple’s RLUSD stablecoin is set to launch on Tuesday, creating waves in the crypto community. With listings on platforms like Uphold, MoonPay, Archax, and CoinMENA, the excitement is palpable. Yet, the buzz isn’t just about the launch—it’s about the surprising premiums some are paying to secure early access to RLUSD. Why Are Buyers Paying More? …