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The Explosion of Gen Z in the Cryptocurrency Market Following Trump's Shocking Victory
The number of Gen Z users surged by 683% in November, marking a significant shift in the demographic structure of cryptocurrency following Donald Trump's shocking presidential election victory. The share of new Gen Z users on cryptocurrency exchanges skyrocketed from 26.2% in October to 53.8% by the end of November, reflecting the growing interest of young investors.
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Hyperliquid Attacked by North Korea: HYPE Token Plummets Drastically
The potential cyber attack from North Korea has caused a frenzy for Hyperliquid's HYPE token, highlighting serious risks in the decentralized finance sector.
#Hyperliquid , a layer one blockchain and decentralized exchange, faced a significant shock as reports emerged about the potential involvement of North Korean hackers causing the token value and total value locked to plummet over the weekend.
#Hyperliquid , a layer one blockchain and decentralized exchange, faced a significant shock as reports emerged about the potential involvement of North Korean hackers causing the token value and total value locked to plummet over the weekend.
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Usual (USUAL): Will the New Stablecoin Create a Market Craze?
What is Usual (USUAL)?
$USUAL is a decentralized stablecoin issuance platform, focused on empowering users through ownership and governance. This platform offers stablecoins backed by real assets such as U.S. Treasury bonds and other high-quality assets.
Current market
Current price: USUAL is currently trading at around $1.43, up 17% for the day.
$USUAL is a decentralized stablecoin issuance platform, focused on empowering users through ownership and governance. This platform offers stablecoins backed by real assets such as U.S. Treasury bonds and other high-quality assets.
Current market
Current price: USUAL is currently trading at around $1.43, up 17% for the day.
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Shock in the DeFi Market: Polygon Rejects Morpho's $1.3 Billion Proposal
Concerns about potential risks led Polygon to reject the proposal to transfer funds into Morpho, despite the expected annual returns of up to $70 million.
The Polygon community was surprised to reject a $1.3 billion proposal to deploy from the Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform. This announcement was made on December 17 on Polygon's official social media, leaving many in the cryptocurrency community surprised and concerned.
The Polygon community was surprised to reject a $1.3 billion proposal to deploy from the Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform. This announcement was made on December 17 on Polygon's official social media, leaving many in the cryptocurrency community surprised and concerned.
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USDT Faces Delisting Threat: Will the Cryptocurrency Market Hold Strong?
The EU is set to implement MiCA cryptocurrency regulations, posing a risk of liquidity disruption due to the delisting of USDT by Tether.
Exchanges are on the brink of disruption as the EU launches new cryptocurrency regulations under the Markets in Crypto-Assets (MiCA) framework. These regulations, expected to take effect on December 30, require the delisting of Tether #USDT。 from EU-regulated platforms, raising concerns about liquidity fragmentation in the market.
Exchanges are on the brink of disruption as the EU launches new cryptocurrency regulations under the Markets in Crypto-Assets (MiCA) framework. These regulations, expected to take effect on December 30, require the delisting of Tether #USDT。 from EU-regulated platforms, raising concerns about liquidity fragmentation in the market.
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Simon's Cat Meme Token CAT Explodes on Binance: Profits Await!
Breaking news: On Monday, the meme token CAT, supported by the IP of Simon's Cat, shook the cryptocurrency market when it was officially listed on Binance Spot exchange. This move not only stirred the community but also created a wave of strong optimism.
Highlights:
Remarkable growth: Open interest in #CAT futures products has nearly doubled, reaching over $60 million, indicating a promising future with strong price volatility.
Highlights:
Remarkable growth: Open interest in #CAT futures products has nearly doubled, reaching over $60 million, indicating a promising future with strong price volatility.
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Tether Supports StablR: A New Step in the European Stablecoin Market
Tether, the world's largest stablecoin issuer, is expanding its influence in Europe by supporting the stablecoin company StablR amidst uncertainties surrounding USDT.
Tether, the largest stablecoin issuer by market capitalization, is reinforcing its presence in the European stablecoin market with an investment in Malta-based StablR, the company announced on December 17.
Tether, the largest stablecoin issuer by market capitalization, is reinforcing its presence in the European stablecoin market with an investment in Malta-based StablR, the company announced on December 17.
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Ripple Launches New Stablecoin Boosting XRP Price: Reasons Behind the Price Surge on 12/17/2024
The price of XRP surged today, driven by Ripple's announcement of the official launch of the stablecoin RLUSD and forecasts that the price could rise to $6.
Excitement Over RLUSD Drives XRP Price
The value of XRP has significantly increased today, nearly 4.5% in the past 24 hours, pushing the price back to $2.50 as investors reacted positively to the official launch of Ripple's stablecoin RLUSD.
Excitement Over RLUSD Drives XRP Price
The value of XRP has significantly increased today, nearly 4.5% in the past 24 hours, pushing the price back to $2.50 as investors reacted positively to the official launch of Ripple's stablecoin RLUSD.
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Moon Tropica: Will It Become the 'Crypto Fortnite'?
Moon Tropica combines nostalgic gameplay with Web3 technology, allowing players to own digital assets and monetize their experiences in a community-driven virtual world.
Explore a New World with Web3
As the $244 billion gaming industry increasingly adopts Web3 technology, game developers face the challenge of creating an immersive, community-driven environment that seamlessly integrates blockchain elements like non-fungible tokens (NFTs) and token-based economies.
Explore a New World with Web3
As the $244 billion gaming industry increasingly adopts Web3 technology, game developers face the challenge of creating an immersive, community-driven environment that seamlessly integrates blockchain elements like non-fungible tokens (NFTs) and token-based economies.
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Ethena Launches New Stablecoin: A Notable Boost in the DeFi Market
Ethena's governance token, $ENA , surged last weekend when World Liberty Financial, a company affiliated with president-elect Donald Trump, invested in this token.
Notable Events
Ethena, a $6 billion DeFi protocol, has launched the USDtb stablecoin backed by BlackRock and Securitize's BUIDL crypto money market fund. The purpose of this new service is to help stabilize the USDe token's yields from the protocol and mitigate risks as the cryptocurrency market shifts to a bearish trend.
Notable Events
Ethena, a $6 billion DeFi protocol, has launched the USDtb stablecoin backed by BlackRock and Securitize's BUIDL crypto money market fund. The purpose of this new service is to help stabilize the USDe token's yields from the protocol and mitigate risks as the cryptocurrency market shifts to a bearish trend.
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Bitcoin Reaches Historic High: How High Can Prices Go? 12/16/2024
The surge of Bitcoin to $106,000 for the first time in history is causing a stir and raising predictions about subsequent price increases, potentially reaching $120,000 and beyond.
The Surge of Bitcoin
On December 16, the price of Bitcoin rose over 2%, setting a new all-time high of around $106,535. This price explosion occurred as Bitcoin's leading accumulation company, MicroStrategy, joined the Nasdaq 100, creating a significant boost for the market.
The Surge of Bitcoin
On December 16, the price of Bitcoin rose over 2%, setting a new all-time high of around $106,535. This price explosion occurred as Bitcoin's leading accumulation company, MicroStrategy, joined the Nasdaq 100, creating a significant boost for the market.
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Bitcoin Hits All-Time High: Ratio to Gold Hits New High on December 16, 2024
The crypto world is exploding with new records as the Bitcoin to Gold ratio hits an all-time high. On December 16, 2024, the price of Bitcoin (BTC) hit over $106,000, pushing the Bitcoin to gold ratio to a new high: 40 ounces of gold for every $BTC . This is a historic milestone, demonstrating the strength and tremendous growth of Bitcoin compared to the precious metal.
Bitcoin/Gold Ratio Hits New High
Bitcoin/Gold Ratio Hits New High
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President Trump Supports Cryptocurrency: Truth or Just Rumor?
Recently, information about President Donald Trump's support for cryptocurrency has attracted much attention. Below are some key points to develop an article about his pro-cryptocurrency stance:
Policy Commitments
Friendly Legal Environment: Trump promised to create a friendly legal environment for cryptocurrency when he takes office next year. This includes easing restrictive regulations and facilitating businesses and investors in this field.
Policy Commitments
Friendly Legal Environment: Trump promised to create a friendly legal environment for cryptocurrency when he takes office next year. This includes easing restrictive regulations and facilitating businesses and investors in this field.
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Don't Let Unverified Information Undermine Your Investment Mindset!
In today's information age, quickly and easily accessing information is extremely important. However, not all information is accurate and reliable. Especially in the cryptocurrency sector, facing unverified information can significantly impact our mindset and investment decisions. Recently, there has been information suggesting that the CEO of $SHIB Inu is determined to remove 2 zeros from the price of this token, but be cautious and don't let this unverified information affect you.
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Solana Surpasses Ethereum After 8 Years at the Top in New Developer Count
December 12, 2024
In a surprising turn of events, #Solana has surpassed #Ethereum this year, ending Ethereum's 8-year reign as the leading ecosystem in terms of new developers.
Nevertheless, $ETH remains number one globally in total developer activity.
According to Electric Capital's report on December 12, the Solana ecosystem attracted more new developers in July than Ethereum, for the first time since 2016. This growth momentum has continued throughout the year, with a total of 7,625 new developers joining Solana, led by growth in Asia, compared to 6,456 for Ethereum.
In a surprising turn of events, #Solana has surpassed #Ethereum this year, ending Ethereum's 8-year reign as the leading ecosystem in terms of new developers.
Nevertheless, $ETH remains number one globally in total developer activity.
According to Electric Capital's report on December 12, the Solana ecosystem attracted more new developers in July than Ethereum, for the first time since 2016. This growth momentum has continued throughout the year, with a total of 7,625 new developers joining Solana, led by growth in Asia, compared to 6,456 for Ethereum.
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Price analysis on 12/11/24: $SHIB
The price of Shiba Inu (#SHIB ) has decreased from $0.000033 on December 8 to $0.00002667, breaking below the 20-day EMA ($0.000028) on December 9.
Price $SHIB
$SHIB is undergoing a significant correction phase. The bulls are trying to push the price back above the 20-day EMA, but are facing strong resistance from the bears. If the price continues to decline from the 20-day EMA, the bears could push the SHIB/USDT pair below the 50-day SMA. In this scenario, the price could drop further to $0.000020
Key Points
Resistance and Support: To prevent further decline, the bulls need to quickly push the price above $0.000028. If successful, SHIB could advance to $0.000033, creating a new challenge and a higher potential for growth.
Bear Strategy: The bears are currently in control of the market, trying to keep the price below important thresholds like the 50-day SMA. If they succeed, #SHIB will continue to face selling pressure and could drop further.
Bull Strategy: The bulls need to step up to regain control, surpassing important resistance levels to reverse the current downtrend.
Conclusion
The price of Shiba Inu is facing numerous challenges, but also opens up opportunities for a trend reversal if key resistance levels are overcome.
In the short term, the competition between the bulls and the bears will determine the direction of SHIB. Investors need to closely monitor market movements to make informed trading decisions.
The price of Shiba Inu (#SHIB ) has decreased from $0.000033 on December 8 to $0.00002667, breaking below the 20-day EMA ($0.000028) on December 9.
Price $SHIB
$SHIB is undergoing a significant correction phase. The bulls are trying to push the price back above the 20-day EMA, but are facing strong resistance from the bears. If the price continues to decline from the 20-day EMA, the bears could push the SHIB/USDT pair below the 50-day SMA. In this scenario, the price could drop further to $0.000020
Key Points
Resistance and Support: To prevent further decline, the bulls need to quickly push the price above $0.000028. If successful, SHIB could advance to $0.000033, creating a new challenge and a higher potential for growth.
Bear Strategy: The bears are currently in control of the market, trying to keep the price below important thresholds like the 50-day SMA. If they succeed, #SHIB will continue to face selling pressure and could drop further.
Bull Strategy: The bulls need to step up to regain control, surpassing important resistance levels to reverse the current downtrend.
Conclusion
The price of Shiba Inu is facing numerous challenges, but also opens up opportunities for a trend reversal if key resistance levels are overcome.
In the short term, the competition between the bulls and the bears will determine the direction of SHIB. Investors need to closely monitor market movements to make informed trading decisions.
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Solana Surpasses $230, Heading Towards Historic High on 12/12/24
Traders' expectations for the approval of an ETF for Solana ($SOL ) and Bitwise's price target of $750 have ignited hope and optimism for Solana's future.
In a surprising move on December 10, the price of Solana (SOL) soared 13%, from a low of $203.30 to surpass $230. This recent price movement has opened up opportunities for further growth, supported by derivative indicators and on-chain data. The market is now questioning whether the correction has ended and what factors will drive the price to $260 or higher.
In a surprising move on December 10, the price of Solana (SOL) soared 13%, from a low of $203.30 to surpass $230. This recent price movement has opened up opportunities for further growth, supported by derivative indicators and on-chain data. The market is now questioning whether the correction has ended and what factors will drive the price to $260 or higher.
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Why Solana (SOL) price increased on December 12, 2024!
Solana price $SOL increased today for several main reasons:
1. Economic Factors
Recovery of the cryptocurrency market: The cryptocurrency market is recovering strongly, especially after Bitcoin surpassed the $100,000 mark. This creates momentum for other tokens like Solana.
Support from ETFs: ETFs related to Solana have received support from the SEC, boosting investor confidence.
2. Technical Factors
1. Economic Factors
Recovery of the cryptocurrency market: The cryptocurrency market is recovering strongly, especially after Bitcoin surpassed the $100,000 mark. This creates momentum for other tokens like Solana.
Support from ETFs: ETFs related to Solana have received support from the SEC, boosting investor confidence.
2. Technical Factors
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What is an NFT? #NFT , or non-fungible token, are unique representations of digital and physical goods. Each NFT is typically different and therefore has different values.
In the real world, US dollars are fungible, meaning you can exchange one dollar bill for another without losing value. But works of art are not like that. For example, "Mona Lisa" and "The Persistence of Memory" are two unique pieces, so their values are also different.
NFTs use distributed ledger technology, which helps verify unique items for buyers, proving their ownership. NFTs became more popular in 2020 and 2021. Additionally, NFTs can also be used by companies to track their resources or for platforms to verify registrations and usage.
In the real world, US dollars are fungible, meaning you can exchange one dollar bill for another without losing value. But works of art are not like that. For example, "Mona Lisa" and "The Persistence of Memory" are two unique pieces, so their values are also different.
NFTs use distributed ledger technology, which helps verify unique items for buyers, proving their ownership. NFTs became more popular in 2020 and 2021. Additionally, NFTs can also be used by companies to track their resources or for platforms to verify registrations and usage.
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IcomTech pays over $5 million for the fraudulent Bitcoin trading scheme
On December 11, 2024, the Commodity Futures Trading Commission (CFTC) announced a ruling related to IcomTech's Ponzi scheme, requiring five executives to pay over $5 million in restitution to the victims of this fraud. The case has raised significant interest from the cryptocurrency investment community and highlighted the risks associated with unclear investments.