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Crypto Trader Capitalizes On Elon Musk’s X Name Change For 17,000% Return
Elon Musk, billionaire entrepreneur and CEO of Tesla and SpaceX, has once again rattled the crypto market with a simple name change on his X account. This time, Musk renamed his official profile to “Kekius Maximus” and replaced his avatar with a PEPE frog dressed in antique armor holding a gaming co...
NewsBTC
Dec 31, 2024
Terra’s Do Kwon finally extradited to the United States. What’s next?
Do Kwon, the controversial co-founder of Terraform Labs, is officially on U.S. soil. After months of legal battles and international drama, Montenegro handed Kwon over to U.S. authorities on December 31. Known for orchestrating one of the biggest disasters in crypto history, Kwon now faces the fallout from the $40 billion implosion of TerraUSD (UST) […]
Cryptopolitan
Dec 31, 2024
AI agents emerge as the top narrative in 2024 as L2s endure a down year
AI was the top narrative for 2024, getting a boost from the VIRTUAL rally to new all-time highs. L2 was the only narrative with negative net returns for the year.
Cryptopolitan
Dec 31, 2024
OKX’s latest proof of reserve reveals an 8,992 BTC drop in user assets
OKX’s 26th proof of reserves report shows distinct changes in user asset holdings as of December 13, 2024. The exchange reported 130,936 BTC in user assets, an 8,992 BTC reduction from November’s numbers. In contrast, Ethereum holdings grew by 85,265 to reach 1.765 million ETH. However, USDT balances increased by 1.91 billion to 8.56 billion, […]
Cryptopolitan
Dec 31, 2024
DEXs break records with $463B in trading volume this December
This December, decentralized exchanges (DEXs) hit a record $463 billion in trading volume, a reflection of their popularity within the crypto world. Platforms like Uniswap, PancakeSwap, and Solana’s Raydium led the way as more people turned to DeFi for secure and direct trading without middlemen. DEXs hit record $463 billion in December trading This December, […]
Cryptopolitan
Dec 31, 2024
UPDATE 1-Montenegro says it extradites Terraform Lab co-founder Do Kwon to US
Recasts, adds background and detail throughoutPODGORICA, Dec 31 (Reuters) - Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having deceived investors about the stability of the TerraUSD cryptocurrency and how an app used the Terrafor...
Reuters
Dec 31, 2024
Here’s Why The Dogecoin And Shiba Inu Prices Are Falling Today
Dogecoin and Shiba Inu prices are falling today as the year draws to a close, sparking bearish sentiment among investors. This price drop is thanks to the sentiment in the broader crypto market and macroeconomic developments. Why The Dogecoin And Shiba Inu Prices Are Falling Today CoinMarketCap data...
Bitcoinist
Dec 31, 2024
Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000
Although Ethereum is currently up by about 46% from the starting point at the beginning of 2024, December has been underlined by a notable correction. This correction saw Ethereum declining noticeably from a $4,000 price point in the middle of the month, and it now finds itself consolidating below $...
NewsBTC
Dec 31, 2024
ByteDance’s $7B AI push amid looming TikTok ban
TikTok parent company ByteDance is betting big on Artificial Intelligence (AI) despite the United States’ curbs on chip sales to China. According to a report by The Information, the TikTok owner plans to spend $7 billion on Nvidia chips in 2025. This comes as President-elect Donald Trump intervened in the TikTok ban. Trump has urged […]
Cryptopolitan
Dec 31, 2024
The Fed and Trump are set to collide in 2025 – The areas to expect trouble
The longstanding tensions between President-elect Donald Trump and Federal Reserve Chair Jay Powell are expected to take center stage again in 2025, with economic policies and institutional dynamics setting the stage for potential clashes. Donald Trump, reelected in November 2024, frequently criticizes Powell. This raises questions about how the relationship between the White House and […]
Cryptopolitan
Dec 31, 2024
Tether burned 1B USDT, what does it mean for Bitcoin (BTC) and the crypto market?
Tether, Inc. burned 2B USDT on TRON, while the net supply of USDT on all chains contracted by 1B tokens in the past day. USDT burns signaled outflows of liquidity from the market, as BTC briefly dipped under $93,000.
Cryptopolitan
Dec 31, 2024
Solaxy Layer-2 Token Addresses Solana’s Limitations, Raises $7M on Presale
The Solaxy Layer-2 token, $SOLX, has already raised $7M on presale, its popularity fueled by its plan to build the foundation of a blockchain that addresses Solana’s pain points. Considering the Solaxy’s Layer-2 token’s value increases each time it hits a new milestone, now is an opportune tim...
Bitcoinist
Dec 31, 2024
XRP Nears Oversold Territory: Will $1.9 Support Trigger A Rebound?
XRP has reached a critical $1.9 support level, a price point that could define its short-term trajectory. At the same time, the Composite Trend Oscillator indicator is signaling oversold conditions, hinting at the possibility of a price rebound. Oversold readings typically suggest that selling press...
NewsBTC
Dec 31, 2024
Ethereum Path To $8,000 Milestone Unshaken By Market Fluctuations – Analyst Claims
Ethereum‘s long-term outlook appears to be quite positive as ETH sees a wave of bullish predictions about a move to unprecedented heights in the ongoing market cycle. As ETH navigates the volatile phase, a shift in momentum might signal the start of its next major price surge. $8,000 Price Tar...
Bitcoinist
Dec 31, 2024
NYSE and Nasdaq to close shop on January 9
In honor of the late President Jimmy Carter, the US stock market will close on January 9 for a national day of mourning. The New York Stock Exchange (NYSE) and Nasdaq Inc. have confirmed the suspension of trading on their US stock exchanges. The CME Group Inc., the operator of US-based equity and interest rate […]
Cryptopolitan
Dec 31, 2024
Elon Musk X account name change spurs ‘Kekius Maximus’ insider trading questions
After a period of political reflection, which involved a significant contribution to Donald Trump’s return to the oval office to “make America great again,” Elon Musk is slowly going back to his sarcastic side. If you’ve been scrolling through X and wondering who Kekius Maximus is, well, it’s probably the last person you expect. Elon […]
Cryptopolitan
Dec 31, 2024
Siqi Chen launches Zero (ZERO) token, claims rug pull was a mistake
Siqi Chen, the recipient of MIRA tokens, launched an asset called Zero (ZERO) with a warning it would indeed go to zero. The community criticized Chen of abusing meme tokens, though he did not make money from the asset and considered it a test.
Cryptopolitan
Dec 31, 2024
Justin Sun dumps more Ethereum, ETH tanks 2%
An Ethereum whale, Justin Sun, has once again transferred an additional 29,153 ETH. This is one of several transfers he has made this year. In response, Ethereum has declined by 2%, approaching $3,300. According to data from Spot on Chain, in the past 11 hours, Justin Sun, the founder of Tron, has made substantial deposits […]
Cryptopolitan
Dec 31, 2024
2025 Bitcoin Price Prediction + 2 Meme Coins to Watch
Judging from Bitcoin’s ($BTC) recent performance, the rally is over, along with the year. Yet, many analysts believe it’s too early to call it a day. After a year of lows ($39,507.37 on January 22) and highs ($103,679 on December 5), $BTC closed off 2024 at $98,676.10, a rise of 133.4% for the year....
Bitcoinist
Dec 31, 2024
Best Altcoins In 2025: Top Analyst Reveals His Picks
With the new year just one day away, crypto analyst Alex Wacy (@wacy_time1) shared an overview of what he calls the best altcoins heading into 2025. The analyst, who has amassed an audience of over 190,000 followers on X, highlighted several projects that he believes have the potential to dominate i...
NewsBTC
Dec 31, 2024
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