The Dogecoin price has witnessed a notable decline amidst this wider bloodbath, as it is currently down by 8% in 24 hours. Nonetheless, Dogecoin continues to attract bullish sentiment despite the market crash. Cryptocurrency prices have declined massively in the past 24 hours, with the global crypto market cap declining by a little over 4%…
President-elect Donald Trump’s proposal to establish a national Bitcoin reserve has ignited a wave of criticism from economic experts, including former Treasury Secretary Larry Summers. Summers, who managed the US national gold reserve during Bill Clinton’s administration, described the idea as “crazy” and lacking a clear purpose in a recent interview. Bitcoin Reserve Proposal As…
The Dogecoin price continues to stage an attempt to rally significantly towards the highly anticipated $1 mark. Amidst this bullish trend, a crypto analyst has spotlighted a distinctive technical pattern on the Dogecoin price chart known as a “rounded bottom.” As Dogecoin carefully forms this pattern, the analyst has forecasted a significant price surge ahead. …
Market participants look to be securing profits, seeing how the XRP price has corrected since its recent parabolic rally. Analyst TheXRPguy has outlined seven reasons why those yet to secure profits should hold on selling their coins, suggesting that more parabolic rallies lie ahead. More XRP Price Rallies Lie Ahead As Analyst List Reasons Not…
Financial analyst Keith Gill, known as Roaring Kitty on YouTube, made a comeback on social media after three months of silence. In response, GME, AMC, and ROAR tokens, all inspired by 2021 GameStop’s short squeeze, spiked by over 50% in 24 hours. Degens Celebrate Kitty’s Return With a Short Rally GameStop’s short squeeze is one…
Bitcoin continues its dramatic price surge after incoming US President Donald Trump made a few crypto-friendly picks for his next cabinet. Bitcoin Breaks Past $100K Hours after announcing that he’ll likely nominate Paul Atkins for the Securities and Exchange Commission (SEC) post with current chair Gary Gensler stepping down on inauguration day, Bitcoin makes another…
Yesterday, the South Korean crypto market suffered a violent drop after an emergency martial law was declared. This caused a massive sell-off that sent the price of most cryptocurrencies to monthly lows. After the turmoil, local exchanges saw a record-breaking daily trading volume for the second consecutive day, nearly doubling the previous milestone. South Korea’s…
Alexander Mashinsky, the former CEO of the now-bankrupt cryptocurrency lender Celsius, has pleaded guilty to two counts of fraud, facing a potential maximum sentence of 30 years in prison. This development comes in the wake of multiple charges filed by the US Department of Justice (DOJ), which originally accused him of seven counts related to…
Following Gary Gensler’s departure announcement from the Securities and Exchange Commission (SEC), new reports claim that re-elected US president Donald Trump is set to unveil his pick for the new SEC chairman in the coming days. A New Crypto Era About To Begin As we approach the end of the year, the crypto industry is…
With a second Donald Trump administration and friendlier crypto regulations on the horizon, many crypto investors and personalities have drawn their lines. Brian Armstrong, Coinbase CEO, said it’s time to work only with companies and personalities with the same commitment to crypto and the blockchain. In a Twitter/X post on December 3rd, Armstrong shared that…
