Roadmap headwinds and FUD stalled Ethereum’s price performance in 2024, but there are signs that it may turn a corner in the new year. With Bitcoin hitting new all-time highs and closing in on the psychologically important $100,000 mark, a major topic of conversation is Ether’s underperformance compared with the rest of the market. According…
Read more
India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024. Digital assets platform BitGo is in discussions with India’s crypto watchdog to enter its multibillion-dollar local market. The company has been holding “active conversations” with India’s Financial Intelligence Unit (FIU), BitGo chief operating officer Chen Fang…
Read more
The president-elect called Atkins a “proven leader for common sense regulations” due to his prior experience as an SEC commissioner. President-elect Donald Trump has nominated pro-crypto Paul Atkins to replace Gary Gensler as the new chief of the United States Securities and Exchange Commission (SEC). In a Dec. 4 announcement, Trump highlighted Atkins’ track record…
Read more
A crypto analyst highlighted significant Bitcoin inflows to crypto exchanges from whales, who are still holding back on making any major moves. Bitcoin whales are standing on the sidelines with their holdings as Bitcoin continues to tease and retrace as it hovers just below $100,000, according to a crypto analyst. “Although there is currently no…
Read more
With the crypto bull run heating up, crypto noobs and old-timers alike are scrambling to keep up with the constantly changing narratives every week. But Yield Guild Games co-founder and CEO Gabby Dizon isn’t buying into the whole “chasing narratives” strategy. “I don’t believe in chasing narratives,” Dizon tells Hall of Flame at the YGG…
Read more
Roger Ver argued that the IRS’ exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.” Roger Ver — also known as “Bitcoin Jesus” — has urged a United States judge to dismiss a case from US prosecutors alleging he committed tax evasion when selling millions of dollars…
Read more
Dogecoin has surpassed the market capitalization of luxury automaker Porsche, driven by endorsements from Elon Musk and the potential launch of an exchange-traded product for the memecoin. Dogecoin has risen 175% during the past month to a $57.8 billion market capitalization, surpassing Porsche’s $56.1 billion market cap, as of 8:34 am UTC on Nov. 27,…
Read more
Bitcoin has nailed something never seen before — $26,400 BTC price upside in a single monthly candle. Bitcoin has made history as the largest cryptocurrency seals its largest ever monthly candle. BTC/USD 1-month chart. Bitcoin completes month unlike any other Data from TradingView confirms the single biggest BTC price gain ever seen in a single monthly candle…
Read more
XRP could be in the midst of a “leverage-driven” pump as the price of the asset soars to reach new yearly highs. Analysts warn Ripple’s native XRP token may be experiencing a “leverage-driven” pump as the price of the asset soars to reach levels not seen since 2021. In a Dec. 1 post on X, CryptoQuant…
Read more
XRP’s technical analysis points to a potential 20% price decline in December, with overleveraged positions likely exacerbating the downward pressure. XRP has surged 26.50% in the last 24 hours to reach $1.95 on Nov. 30, its highest level since April 2021. Its rally has been driven primarily by rumors that the New York Department of…
Read more