Solana (SOL) is expected to continue its upward rally, according to a crypto analyst, although a dip is anticipated due to the influx of SOL tokens from FTX, a bankrupt crypto exchange.
A 12-year-old boy named Erik Finman invested $1,245 in Bitcoin in 2011, and by the time he turned 18, his investment grew to $2.07 million; now at 25, he has a Bitcoin worth of more than $4.8 million but is looking to diversify his investments.
Bitcoin and Ethereum both saw significant price increases, with bitcoin climbing over 15% to around $44,000 and rejoining the top 10 assets by market capitalization, while the total crypto market cap rose by 14% to $1.6 trillion as more capital enters the market.
The upcoming Bitcoin halving, which will reduce the rewards for miners, is expected to attract attention from both Bitcoin miners and investors due to its potential impact on market sentiment and the history of price surges following previous halvings, with some industry insiders predicting a "craziest bull run of all time." However, the volatile nature of Bitcoin and the associated risks might make traditional investors hesitant to enter the market, despite the potential stabilization effects of a Bitcoin exchange-traded fund (ETF).
To become an XRP millionaire, one must acquire 1,000,000 XRP, which currently amounts to $634,600, as experts believe that XRP's true potential will be realized when it reaches the $1 price target, marking a critical juncture in its historical performance.
Terraform Labs founder Do Kwon, known for his controversial behavior and involvement in alleged frauds, is likely to be extradited to New York to face criminal fraud charges in connection with the collapse of his crypto empire.
Solana-based BONK, a dog-themed meme coin, has surged by nearly 35% in value in the past 24 hours, outperforming other major meme coins such as Dogecoin, Shiba Inu, and Pepe, which have experienced slight drops but are still up significantly in the past week.
Tokens tied to gaming networks Ronin and Beam are experiencing significant gains, with RON up 21% in the last 24 hours and BEAM climbing to a new all-time high after integrating with the Immutable zkEVM network.
Blockchain infrastructure company Blocknative has released a new tool, ethernow.xyz, that examines the "mempool" of pending transactions on Ethereum, aiming to reduce instances of block-level manipulation and protect users from front-running bots. The real-time explorer tool is described as the Etherscan for pre-chain data and aims to provide insights into why transactions fail or succeed and how they are added to blocks. The tool is expected to benefit protocol developers, wallet providers, and stablecoin issuers, among others.
The supply of Bitcoin on centralized exchanges is at its lowest in six years, indicating a potential bullish signal for the cryptocurrency, but investors are cautioned about other factors to consider.
Ark Investment Management, led by Cathie Wood, sold over 700,000 shares of Grayscale Bitcoin Trust (GBTC) last month, likely due to profit-taking or anticipation of approval for its own spot Bitcoin ETF.
Swan, a financial firm in the Bitcoin space, has raised $40 million in funding and expanded its services to include institutional products, such as Bitcoin-backed lending, after surviving the crypto industry's challenges and failures. They aim to provide trusted services and focus on Bitcoin rather than risky practices.
Bitcoin developer Luke Dashjr has criticized inscriptions on Bitcoin as "spam," sparking a debate within the community on network congestion and differing perspectives on Bitcoin use, raising questions about its use cases and censorship resistance; meanwhile, a significant amount of bitcoins mined during the "Satoshi era" were transferred to trading desks and custodian services, and UAE-based mining operator Phoenix Group has signed a $136 million purchase contract for mining equipment.
Bit Brother Ltd BETS shares are trading lower by 37% to $0.022 following the company's announcement of a deal to sell $12.0 million worth of shares and warrants, as well as the news of obtaining a Certificate of Occupancy for their new cryptocurrency mining farm in Texas.
Gamers can now livestream on Twitter using Streamlabs software on desktop computers and mobile phones, expanding their options for live video content on the platform.
Montenegro has decided to extradite Do Kwon, co-founder of Terra, to the United States rather than South Korea, where he faces charges in both countries for fraud and other financial crimes related to the collapse of Terra's cryptocurrencies.
Jack Dorsey's fintech company Block has launched Bitkey, a self-custody bitcoin wallet that includes a mobile app, hardware device, and recovery tools, allowing customers to make transactions and store their assets offline, with pre-orders set to ship in early 2024.
Solana-based staking project Jito released its JTO token, which opened for trading at $1.20 and is set to be listed on Coinbase and Binance, offering governance and airdrop rewards to holders and contributing to Solana's growth.
Block, the financial payment processor co-founded by Jack Dorsey, has launched a self-custody Bitcoin wallet called "Bitkey" that does not require a seed phrase for fund recovery and features a two-of-three multi-signature wallet along with secure hardware and recovery tools in case of loss, with a price tag of $150.
Terra Luna founder, Do Kwon, is set to be extradited to the United States to face criminal charges related to his involvement in a multibillion-dollar crypto asset securities fraud.
The US government's employment report for November could impact Bitcoin's recent surge, with lower interest rates potentially fueling further gains or a positive jobs report reversing the trend.
US regulators are reportedly warming to the idea of approving a Spot Bitcoin ETF, with discussions taking place regarding key technical details and anticipation for approval at an all-time high.
Bitcoin may experience a small parabolic move if it surpasses the key level of $50,000, according to a trader who accurately predicted the crypto market crash of 2021. The trader suggests that a break in the upward channel could lead to a potential surge in Bitcoin's price, potentially crossing the $60,000 level.
There is a video playing in picture-in-picture mode, and there are several shows and briefings being aired on Fox Business Channel, Fox News Channel, and Fox News Radio.
Block, the payments company led by Jack Dorsey, is now accepting preorders for Bitkey, a physical device for storing Bitcoin, in over 95 countries, with shipping expected in early 2024 at a cost of $150, and a focus on key markets such as the US, Canada, UK, Nigeria, Argentina, Mexico, and India.
JPMorgan Chase CEO Jamie Dimon and US senator Elizabeth Warren both express a desire for stricter government regulation of cryptocurrencies.
Bitcoin and several altcoins experienced significant increases in November and December, with focus on lesser-known altcoins ranked between 150 and 350 in market capitalization that are exhibiting bullish patterns for potential profits.
Meme coins like DOGE, PEPE, and BONK are benefiting from the early stages of the new bull market in Bitcoin, with some experiencing significant price gains, and new meme coin Galaxy Fox (GFOX) attracting investor interest with its unique combination of GameFi, P2E, and meme-culture elements.
Bitcoin-focused project Babylon has secured $18 million in a funding round led by Polychain Capital and Hack VC to develop its staking protocol and convert all 21 million BTC into a decentralized staking asset.
The Dogecoin (DOGE) price reached a new yearly high but fell slightly, and the bullish trend remains intact. The price is approaching long-term resistance, and the Relative Strength Index (RSI) is indicating a positive trend, but a rejection at the resistance area could lead to a significant drop in price.
Gyroscope's GYD stablecoin, designed to protect investors from stablecoin failures, has launched on the Ethereum mainnet after testing on Polygon and receiving investment from venture capital firms Galaxy, Placeholder, and Maven 11.
Sotheby's is set to auction off a collection of Bitcoin Ordinals, marking the first time the 279-year-old auction house will sell works from this unique digital asset category, which are inscribed on satoshis (the smallest denomination of Bitcoin) and can contain additional content such as text or images. The collection by pseudonymous artist Shroomtoshi aims to raise awareness and critique Bitcoin's history and core principles.
Bankrupt crypto exchange FTX is expected to present an updated reorganization plan in mid-December, reshaping the fate of unsecured creditors while potential acquisition by Perella Weinberg is evaluated, and the SEC suggests that a revived FTX could receive approval under new leadership.
Republican presidential candidates discussed Bitcoin, SBF, ether, and SEC Chair Gensler during a debate, with pro-crypto candidate Vivek Ramaswamy advocating for reduced SEC regulations and treating most cryptocurrencies as commodities. Meanwhile, Solana founder Anatoly Yakovenko expressed uncertainty about the future of the Saga phone, and "Satoshi era" bitcoins worth over $40 million were transferred after being dormant for 13 years.
The Waku Network MVP release introduces denial-of-service protections without compromising privacy or censorship resistance, paving the way for supporting one million users on the network.
Bitcoin's rally has sparked a resurgence in meme coins, with Dogecoin, Shiba Inu, and NuggetRush gaining attention for their unique features and offerings in the cryptocurrency market.
Deloitte's division will leverage the Kilt blockchain to provide logistics and supply-chain services focused on the shipping industry, partnering with Nexxiot to offer a new logistics service called KYX that combines Know Your Client and Know Your Cargo processes.
Trading platform Robinhood is launching its crypto app in the EU, offering a Bitcoin rewards program where customers earn a percentage of their trading volume back in BTC, as it expands its international presence following its recent UK launch.
The price of Polygon (MATIC) has experienced a decline but is now attempting a breakout from resistance levels, with conflicting views from analysts on its future trend.
The price of ORDI has experienced significant gains, increasing by 185% in the past week, reaching a new all-time high, and there is speculation that it may reach $100. However, there is potential for a correction if the price drops below $41.80.
Bitcoin wallet provider Samourai Wallet accuses BTC mining pool Ocean of censoring certain transactions, but Ocean denies the claims and asks the wallet provider to fix a bug in their software.
Two tokens associated with Geometric Energy Corporation, GEC and XI, are experiencing significant jumps in value ahead of the launch of DOGE-1, a Dogecoin-themed satellite scheduled to be sent to the moon on January 12th aboard a SpaceX rocket.
Solana founder Anatoly Yakovenko admits that the future of Solana's Saga Phone is uncertain due to disappointing sales and changing market dynamics, questioning whether a cheaper version that can serve as a secondary device for iPhone users is compelling enough to sell 50,000 units.
Crypto analyst Justin Bennett warns that Bitcoin's massive rally could be followed by a correction of around 43%, with the possibility of reaching $50,000 before reversing course, while he remains bearish on Ethereum, projecting a potential 67% fall from its current level.
The burn rate of the SHIB token has increased by over 800%, resulting in the elimination of 10 million SHIB from circulation, with the growth in transactions attributed to activity on the Shibarium network.
Short sellers have lost over $6 billion in 2023 trying to bet against publicly-traded crypto firms due to Bitcoin's rally and the growth of crypto firm share prices.
JPMorgan CEO Jamie Dimon faced backlash for claiming that Bitcoin's only true use case is for criminals, with critics highlighting the bank's history of fines and settlements for illicit activities.
Major cryptocurrencies were trading mixed on Wednesday evening, with Bitcoin experiencing minimal fluctuations after a recent surge and the global crypto market cap reaching $1.60 trillion, while Binance founder CZ's guilty plea has been accepted by a federal judge but his sentencing is yet to be determined. Additionally, U.S. stocks faced declines and the Labor Department released data indicating slower job creation and wage growth in November.
More than a third of Bitcoin holders are unwilling to sell even a small portion of their holdings, potentially creating supply pressures and inflating prices, according to a poll conducted by MicroStrategy CEO Michael Saylor.
The United States House Committee has unanimously passed a bill that aims to promote the country's deployment and use of blockchain technology.