Ripple (XRP), Celestial (CELT), and Pullix (PLX) are all expected to experience significant price surges in the upcoming months, with Ripple potentially seeing an 18% increase and Celestial reaching new heights through its partnership with DaBox, while Pullix offers innovative features and passive income opportunities through its community-based exchange.
Cathie Wood's ARK Invest sold $12.85 million worth of Grayscale Bitcoin Trust shares, marking the largest sale in over a year, leaving the fund with about $112.7 million worth of GBTC and a 6.95% weighting, as Grayscale hopes to convert the trust into a spot bitcoin ETF in January.
The price of Celestia (TIA) has reached a new all-time high of $12.47, but it has yet to break out from its current pattern, leaving traders wondering if it will do so soon.
The increasing accumulation of Shiba Inu (SHIB) tokens by various cohorts of holders, along with a decline in supply on exchanges, suggests that the meme coin's price could continue to rise. Additionally, Shiba Inu ventures into physical merchandise with a partnership with Shibacals, supporting its recent price gains.
Bitcoin's recent pullback could potentially lead to a deeper correction, according to crypto analyst Altcoin Sherpa, who suggests that the cryptocurrency may experience another leg down before resuming its uptrend.
China's national-level blockchain initiative, the Blockchain-based Service Network (BSN), plans to use blockchain technology to verify the real-name identities of China's 1.4 billion people through its RealDID service, leading to concerns among data-privacy advocates.
El Salvador's Bitcoin bonds, known as "Volcano Bonds," have been approved by the Digital Assets Commission and are expected to launch in early 2024, aiming to pay down debt and fund the construction of the country's proposed "Bitcoin City."
BitTorrent's native token BTT has seen a 194% surge in the past week, outperforming Bitcoin and Ethereum, driven by the user growth of the Tron blockchain, which hosts $8.2 billion in total value locked (TVL) across DeFi protocols and has reached 200 million users.
FTX Trading, a bankrupt crypto exchange, claims that the proposed $24 billion tax bill from the US IRS will prevent victims of FTX from receiving any meaningful recovery and argues that the claims put forth by the IRS are meritless.
AVAX has experienced a significant surge in value while other cryptocurrencies have declined, potentially due to new partnerships and a shift in how altcoins are valued.
El Salvador is getting closer to issuing bitcoin-backed bonds after receiving regulatory approval, with plans to offer the bonds in the first quarter of 2024.
Crypto futures traders lost over $500 million in liquidation positions due to steep volatility, with some major tokens dropping as much as 12%, while riskier meme tokens experienced a 5% drop; however, some tokens, including BNB Chain's BNB, Avalanche's AVAX, and Celestia's TIA, showed strength with gains of up to 20%.
OurSky, a technology company based in Southern California, has launched a network of telescopes connected via API, allowing amateur astronomers to incorporate artificial intelligence and open-source technology into their observations of the stars. The company raised nearly $10 million in seed funding and aims to provide a platform for collaborative development and citizen science in the field of astronomy. Subscription tiers are available for different tracking capabilities, and OurSky plans to implement AI integration in the future.
Solana (SOL) is expected to recover from its recent correction and potentially reach $150 according to a trader who accurately predicted the bottom of Bitcoin's bear market in 2018.
Dogecoin price crashed to $0.0944 following a joke from the coin's founder Markus, highlighting the irony as the meme coin reached a 12-month high just hours before. The crash was attributed to Bitcoin whale selling in the crypto market. The Dogecoin price could experience further decline, potentially losing support at $0.900. However, there is still some bullishness in the market indicated by the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicator, which could support a recovery.
Major South Korean game publisher Com2uS has enlisted Google Cloud as its first "volunteer validator" for the XPLA blockchain network, with volunteer validators supporting the network without receiving tokens as rewards but instead having the tokens distributed to a community pool, and notable games running on XPLA include The Walking Dead: All-Stars, Summoner’s War: Chronicles, and Ace Fishing: Crew.
An Indiana surgeon is suing Coinbase after losing over $340,000 in a hack, claiming that the company's security measures failed to prevent unauthorized access to his account and that their customer service was unhelpful in resolving the issue.
Senator Elizabeth Warren has announced that five more senators have agreed to cosponsor her Digital Asset Anti-Money Laundering Act, which aims to crack down on money laundering through cryptocurrency, despite critics suggesting it threatens financial freedom and privacy.
Despite a 5% drop in Bitcoin's price over the last 24 hours, on-chain data and technical indicators suggest that Bitcoin still displays strength as bulls aim to push the price above $44,000. However, exhaustion among bulls and resistance at the $44,000 level have contributed to the ongoing correction in the market.
Immutable's NFT card game Gods Unchained was removed from the Epic Games Store because it received an "Adults Only" rating from the Entertainment Software Rating Board (ESRB) due to its play-to-earn elements involving cryptocurrency, creating potential barriers for other blockchain games on the platform.
Bitcoin experienced a 7% drop, the worst daily drawdown since August, as crypto markets cooled off, leading to a wipeout of excess leverage and a potential rally to new highs by year-end, according to LMAX market strategists.
Bitcoin's recent price decline is seen as a normal part of the market flow by crypto analysts, who maintain confidence in the long-term plan and anticipate new all-time highs in the coming months, despite the upcoming decisions on the Bitcoin ETF and the Bitcoin halving in 2024.
Bitcoin experienced a 7.5% drop, its largest intraday decline since mid-August, highlighting the cryptocurrency's volatility despite its overall 150% gain this year.
Bitcoin analyst Willy Woo predicts that Bitcoin will retest the $39,000 level before a potential bullish trend, citing a gap near $39,700 on the Chicago Mercantile Exchange (CME) futures market as a possible catalyst.
Jamie Dimon and other figures in the traditional finance industry are afraid of Bitcoin and crypto assets because they have the potential to make their industry obsolete, according to Mark Yusko, founder of Morgan Creek Capital. Yusko also believes that Bitcoin will experience increased demand pressure in 2024.
Google has announced that it will update its advertising policy to allow the promotion of "cryptocurrency coin trusts," indicating its preparation for a future where crypto-based financial products become mainstream and accepted.
Dogecoin and other major cryptocurrencies are experiencing a pullback as Bitcoin corrects and traders secure profits, while the potential introduction of an Ethereum ETF by Fidelity indicates growing institutional interest in cryptocurrencies beyond Bitcoin and may positively impact altcoin prices.
Digital asset investment products saw their eleventh consecutive week of inflows, totaling over $40 million, with Bitcoin leading the way but Solana and Avalanche remaining popular altcoins for institutions.
FIFA will launch its own NFT collection in collaboration with Modex, featuring tickets to the FIFA World Cup 2026 final and digital collectibles from the ongoing tournament.
Cryptocurrency exchange Binance plans to list the gaming-related altcoin project Fusionist (ACE) on its Launchpool platform, allowing users to stake coins in exchange for new ones, with staking of ACE starting on Wednesday and open trading expected to launch on December 18th.
Bitcoin and altcoins experienced a sharp correction, but the trend remains bullish due to upcoming catalysts such as regulatory approval for Bitcoin exchange-traded funds, the Bitcoin halving in April, and a potential rate cut by the US Federal Reserve.
BlackRock CEO Larry Fink has become the driving force behind the prospect of a Bitcoin ETF, with the filing of an application for the iShares Bitcoin Trust and his public support for Bitcoin, marking a significant shift in his stance on cryptocurrency.
Money continued to flow into crypto investment funds last week, with investor altcoin interest centered on Solana and Avalanche, receiving $3 million and $2 million respectively, according to CoinShares.
Vechain's Technology team has been working on expanding their developer ecosystem with new tools and services, including the release of the VeWorld wallet and dApp Store, easy integration for developers, fiat on-ramps, and the development of VORJ, Marketplace-as-a-Service, account abstraction, token bound accounts, and software development kits. They have also made updates to their node infrastructure and rewards platform, with plans for further developments in 2024.
The founder of the Pixels browser game assures fans that the launch of the PIXEL token will not be a surprise and warns them to be cautious of scammers, with at least three days' notice prior to the launch given to allow players to unlock their tokens.
Enjin has migrated over 200 million NFTs from Ethereum and an Ethereum sidechain to its own Enjin Blockchain to avoid high gas fees, using a snapshot and allowing users to claim Enjin Blockchain NFTs without paying for gas.
Seamless Protocol, a lending and borrowing platform on Coinbase's Base ecosystem, has issued governance tokens (SEAM) that will be listed on Coinbase, making it the first Base token to be listed on the exchange. The tokens were airdropped to users based on their activity on the Seamless platform, and the project has a total value locked of over $10 million.
Bitcoin blocks that take longer than the expected 10 minutes to mine are not uncommon and are usually not cause for concern, as the Bitcoin network is designed to self-correct and maintain stability over time.
Shares of cryptocurrency-related companies, including MicroStrategy, Coinbase, and Nasdaq-listed bitcoin miners, suffered significant losses following a swift drop in bitcoin's price, which fell nearly 10% to $41,700 in what is referred to as a "flash crash." Despite the recent losses, crypto stocks have experienced a tremendous recovery in 2023, with some companies' shares doubling since the beginning of the year.
Immutable's IMX token has defied the current market downturn and experienced a 10% rise, reaching a 20-month high, following collaborations with major companies and positive predictions from investment firm VanEck.
Stocks traded mixed on Monday, with the Dow Jones index gaining over 100 points, while several big stocks, including Cogent Biosciences and Biomea Fusion, recorded losses.
Institutional investors are waiting for more regulatory clarity before entering the crypto market, despite Bitcoin's recent surge and retail enthusiasm.
The sudden popularity of a new NFT called Buterin Cards led to a brief increase in Ethereum gas fees, highlighting the ongoing issue of high transaction costs on the blockchain, despite the development of Layer 2 solutions.
Crypto billionaire and actor Brock Pierce believes that a Bitcoin bull run is currently underway and it has the potential to reach new all-time highs, with a price target of $150,000, but acknowledges the possibility of further downturns as well due to unforeseen events.
Decentralized exchange Uniswap has expanded to the Bitcoin sidechain Rootstock, providing deeper liquidity and more decentralized finance (DeFi) use cases to the industry by combining Ethereum-based Uniswap's smart contract capabilities with the security of Bitcoin's proof-of-work network.
A man from southern Utah has pleaded guilty to using the internet to solicit a contract killing in New York, but the scheme was intercepted by FBI agents before any harm was done to the intended targets.
Bitcoin has rebounded, leading to speculation of a secret sovereign bitcoin bid and the potential for Elon Musk to trigger a price surge, with analysts predicting a price of $100,000 by December 2024 and a market capitalization of $2 trillion if Donald Trump retakes the White House.
Stocks may continue to rise, but the rate of ascent is at risk of slowing, prompting investors to take some profits off the table, while a potential scenario of lower highs and lower lows could be bullish for gold.
Coinbase shares are trading lower due to a pullback in the price of Bitcoin, which is a result of profit-taking after a recent rally fueled by institutional interest and optimistic expectations regarding a Bitcoin ETF and the Federal Reserve's monetary policy.
Bitcoin, the world's largest cryptocurrency, experienced a 3% drop in price after reaching yearly highs, potentially attributed to macroeconomic factors and profit-taking by investors. Despite the dip, the outlook for crypto assets remains positive, with expectations of higher lows and bullish continuations. Additionally, investment banking giant Goldman Sachs adjusted its estimate for the Federal Reserve's first interest-rate cut, coinciding with the recent surge in the crypto market. Cathie Wood's ARK Invest also sold a significant amount of shares in Coinbase, taking advantage of the exchange's appreciation. Smaller altcoins showed resilience during the bitcoin price drop, indicating the spreading of the bull market to the altcoin sector.