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Tech stocks see historic gains in 2024 thanks to crypto and AI
Tech stocks are having their biggest year in decades, with 2024 turning into a profit carnival for companies tied to artificial intelligence and crypto. The Nasdaq exploded with a 33% jump, while other U.S. indices flexed double-digit gains. From AI-powered ad platforms to Bitcoin-fueled investments, the tech market has become the ultimate money machine, pumping […]
Cryptopolitan
Wed, Dec 25
Dogecoin Price Breaks Out Of Symmetrical Triangle Pattern, Analyst Puts Target Above $0.37
A crypto analyst, known as ‘CryptoSanders9563’, disclosed in a report on TradingView that the Dogecoin price has broken out of a symmetrical triangle pattern. This technical pattern, signaling a bullish continuation for Dogecoin, is expected to trigger a price surge to a new target above $0.375. Sym...
NewsBTC
Wed, Dec 25
Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown
Bitcoin is showing remarkable resilience as it holds strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency surged to $99,400, signaling renewed momentum and increasing optimism among investors. This surge reaffir...
Bitcoinist
Wed, Dec 25
DeFi landscape ends 2024 with 2.5X growth, Ethereum (ETH) shrinks its dominance
A trend has formed where Ethereum (ETH) is still the leader in nominal value locked, but has a smaller share of the DeFi market as a whole.
Cryptopolitan
Wed, Dec 25
Russia is using Bitcoin for international payments
Russia’s Finance Minister Anton Siluanov has announced that Russian companies have started using Bitcoin and other cryptos for international trade. “Such transactions are already occurring. We believe they should be expanded and developed further,” he told Russia 24 TV. He also made it clear that this is just the beginning, calling crypto payments “the future […]
Cryptopolitan
Wed, Dec 25
XRP Jumps 4%, Whale Reacts With $69 Million Coinbase Deposit
On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and compan...
NewsBTC
Wed, Dec 25
MicroStrategy (MSTR) bears are in for a painful short squeeze next year
MicroStrategy (MSTR) is about to make short sellers wish they had stayed in cash. This software company turned Bitcoin whale looks posied to be a problem for the bears betting against it. With over 444,000 bitcoins in its arsenal right now, MicroStrategy owns more Bitcoin than any other corporation in the world. President-elect Donald Trump’s […]
Cryptopolitan
Wed, Dec 25
SOLX Hits $5M on Presale, Fixes Solana Congestion With Its L2
Just four days after hitting the $4M milestone, new presale project Solaxy (SOLX) reached $5M. Ten days is an astonishing pace to raise millions in funding. So what’s special about Solaxy? Well, Solaxy is Solana’s first Layer-2 solution that focuses on meme coins. This means Solaxy could resolve Sol...
Bitcoinist
Wed, Dec 25
Shiba Inu Burn Rate Surges 42% On Christmas Day, Price Follows With 3.5% Increase
The Shiba Inu ecosystem has witnessed an increase in SHIB burning endeavors in the 24 hours leading up to Christmas day.
Dogecoin
Shiba Inu
Bitcoinist
Wed, Dec 25
Solana Sees Consistent Capital Inflows Since 2023 – Liquidity Influx Signals Growth
Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market. Key metrics from Glassnode further bolster this sen...
NewsBTC
Wed, Dec 25
New whale wallets are accumulating Chainlink (LINK), raising suspicions about their goals
In the past five days, whales have been withdrawing Chainlink (LINK) from Binance and accumulating it in self-custodied wallets. The withdrawals were sent to newly created wallets, with a list of 30 addresses with whale holdings.
Bitcoin
Chainlink
Cryptopolitan
Wed, Dec 25
OpenAI may re-enter robotics to potentially compete with Tesla’s Optimus
OpenAI is reportedly stepping into the humanoid robot game. The ChatGPT maker is considering building human-like robots which could be a major coup in artificial intelligence-powered robotics. However, this development comes after Elon Musk’s Tesla recently showcased its Optimus robots. The AI giant used to operate a robotics division when it first appeared on the […]
Cryptopolitan
Wed, Dec 25
CoinGecko: Meme Coins Are #1 Trend in 2024, Solana Dominates
2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest. This means every third user favored DOGE and PEPE over BTC.
Dogecoin
Pepe
Shiba Inu
Solana
Bitcoinist
Wed, Dec 25
Teenager spends $25,000 on Monopoly GO in micro transaction accident
A 17-year-old allegedly spent $25,000 on micro-transactions in the Monopoly GO in-app purchases section. These transactions allow users to unlock rewards and level up faster, and many users have been known to spend high amounts on these achievements. This teenager is not the first to spend a big chunk of money on Monopoly GO. Previously, […]
Cryptopolitan
Wed, Dec 25
Ethereum Price Prediction: Inverse Head And Shoulders Pattern Says ETH Will Touch $12,000
The Ethereum price is showing signs of a breakout, as an analyst has identified the formation of an inverse head and shoulder pattern on its 6-month long-term price chart. This bullish formation has fueled predictions that Ethereum could rally to $12,000 soon, marking a new all-time high for the sec...
NewsBTC
Wed, Dec 25
Cardano (ADA) Eyes $3, Ethereum (ETH) Targets $5,000, While Lightchain AI (LCAI) Promises Unprecedented 25,305% Returns in 2025
As the crypto market gears up for another potential bull run, investor focus is shifting toward both established tokens and promising newcomers. While Cardano (ADA) targets a price of $3 and Ethereum (ETH) eyes an ambitious $5,000, the real buzz surrounds Lightchain AI (LCAI) and its groundbreaking presale. With projections of an astonishing 25,305% return […]
Cryptopolitan
Wed, Dec 25
Bank of Russia cracks down on crypto OTC services with new platform
The Bank of Russia is developing a new centralized platform to identify and restrict cryptocurrency over-the-counter (OTC) trading. According to Bogdan Shablya, head of the Financial Monitoring and Currency Control Service at the central bank, the system will specifically target individuals who lend their bank accounts and cards for crypto-related transactions, pirate sites, drug shops, […]
Cryptopolitan
Wed, Dec 25
South Korea’s crypto investors surpass 15.59M, holding $79B in assets
The Bank of Korea revealed there were over 15.59 million domestic crypto asset investors by the end of November.
Cryptopolitan
Wed, Dec 25
VC fund USV took profit on its 2020 investment in Uniswap (UNI)
Union Square Ventures (USV) extended its streak of UNI deposits to Coinbase Prime. The fund may be taking profits from its early Series A investment in Uniswap from 2020.
Cryptopolitan
Wed, Dec 25
Bitcoin Sentiment Still Close To Extreme Greed: More Cooldown Needed For Bottom?
Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom.
Bitcoin
NewsBTC
Wed, Dec 25
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