The global crypto market has seen a dip due to Bitcoin’s slide to $92K. However, optimism remains high as altcoins continue to hold steady, with notable support levels maintained by leading cryptocurrencies like XRP, Solana (SOL), and Dogecoin (DOGE). Among these, the leading memecoin DOGE is making waves with strong
Despite recording its third consecutive weekly decline, Shiba Inu shows signs of potential trend reversal as technical analysis reveals a promising breakout pattern. The meme cryptocurrency’s recent price action, while bearish on the surface, may be setting the stage for a significant upward movement according to respected analyst Rose Premium.
Bybit was ordered to stop operations in Malaysia by the Securities Commission (SC) due to allegations that it was operating an unregistered digital asset exchange (DAX). In a public announcement made on December 11, the Malaysian securities regulator ordered Bybit to take down all digital platforms, including its website and
The recent decline in Bitcoin’s price has intensified investor anxiety on the future of the flagship cryptocurrency. Plus, the leading altcoins tend to mimic Bitcoin’s price movements, so it added gasoline to the fire of conjecture about the future of the whole crypto market. Nonetheless, Matrixport has pointed to BTC’s
Ethena (ENA) has captured market attention after surging 2.74% in the past 24 hours to trade at $0.972. Earlier today, the token peaked at $1.01 before retracing. Its market cap now stands at $2.85 billion, indicating robust investor interest. Trading volume reached $445.4 million, rising by 84.83%, which highlights increasing
Virtuals Protocol (VIRTUAL) reached a new all-time high of $3.71 before retreating 6.25%. The token is currently trading at $3.45 with a market cap of $3.46 billion, marking a 6.35% drop over the past 24 hours. The 24-hour trading volume is $320.64 million, reflecting a slight decline of 1.48%. With
Bitcoin’s price dipped below $94,000, currently trading at $93,834.39. The cryptocurrency faced a sharp decline from its all-time high of $108,364 on December 17 to $92,118, signalling strong selling pressure in recent days. The market remains volatile as traders react to heightened market uncertainty. The market cap of bitcoin has
The New DeFi Regulations from the IRS On December 27, 2024, the IRS released a final rule that may change the course of decentralized finance (DeFi) forever. The rule classified DeFi front-end platforms as brokers, similar to those in decentralized exchanges (DEXs). This means that Uniswap, among other similar exchanges.
Cardano Whales have accumulated over 20 million ADA in the past 48 hours, signalling strong interest from large investors. As of now, Cardano trades at $0.897, up 2.78% in the past 24 hours. Its market cap is $31.51 billion, with a circulating supply of 35.13 billion ADA. The 24-hour trading
El Salvador has achieved a significant milestone, surpassing 6,000 Bitcoin (BTC) in its national reserves. On December 29, the country added one more Bitcoin, bringing its total holdings to 6,000.77 BTC, valued at $569.3 million, according to the National Bitcoin Office portfolio tracker. This marks a 108.02% growth in El
