Gate.io, one of the leading cryptocurrency exchanges, has swiftly “denied circulating rumors of a security breach,” assuring users that all systems are operating normally. The rumors, which surfaced during early Asian trading hours, suggested a possible hack and triggered concerns about massive withdrawals. However, Gate.io promptly refuted these claims, emphasizing
The crypto market turning bullish and regaining traction has been the highlight in the past 24 hours. On the other hand, Bitcoin has been testing the $100K level several times over the past week marking it as a crucial resistance. Within the altcoin sector, several cryptocurrencies including Ethereum have shown
Aave (AAVE) has experienced a notable surge in price, reaching $389.52 before settling at $366.47, reflecting a 2.69% increase in the past 24 hours. This uptick is significant given the current market conditions, with AAVE’s market cap now sitting at $5.49 billion, up by 2.68%. The token’s trading volume has
The cryptocurrency market is still in the recovery lane, as suggested by the overall market cap increase of 4.99%. Leading cryptocurrencies have depicted different narratives over the past day. Meanwhile, World Liberty Financial has continued to buy tokens in the last 24 hours, increasing speculation about its activity. Apart from
Bitvavo has once again solidified its position as the largest EUR spot exchange globally, according to the newly published 2024 report by Kaiko, the renowned provider of market data and analytics in the crypto sector. The report, which covers the first 11 months of this year, shows that the Amsterdam
The recent approval of Ripple’s RLUSD stablecoin by the New York Department of Financial Services marks a pivotal development for the XRPL ecosystem. RLUSD, a U.S. dollar-pegged stablecoin, is designed to maintain a constant value of one U.S. dollar and is fully backed by a segregated reserve of cash and
The crypto market flipped to a bullish trend as Bitcoin soared above $100K, with the Fear and Greed Index settling at 80, firmly in the extreme greed zone. Turning attention to the altcoins, the AAVE token has emerged as the top gainer, with a 24-hour jump of over 29.30%. AAVE
The crypto market has bounced back from its support levels after Bitcoin reclaimed the $101K level. This occurred in the Asian late evening hours of December 11. Meanwhile, World Liberty Financial, Trump’s DeFi project, showed buying activity. This fueled the crypto rally further much to investors’ happiness. Within the Altcoin
Dubai, United Arab Emirates, 12th December 2024, Chainwire
Cayman Islands, George Town, 12th December 2024, Chainwire
