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Ethereum price drop forces whales to sell ETH in millions to repay debts
Ethereum (ETH) has experienced sharp declines in recent days, forcing some of the cryptocurrency’s largest holders to liquidate significant amounts of their holdings. According to market tracker LookonChain, the price of Ethereum has fallen by 18.35% from its Monday high of $4,109, forming a bearish engulfing pattern on the daily chart. According to recent updates, […]Cryptopolitan
Dec 20, 2024
Emerging-market central banks take action against rising dollar
Central banks of the emerging markets, from Brazil to South Asia, have been finding ways to offset a growing dollar. According to a Bloomberg report, Gov. Eli Remolona said on Friday that the Philippine Central Bank was closely watching the peso drop and intervening in currency markets. Indonesia prCryptopolitan
Dec 20, 2024
L2BEAT announces framework changes: L2s will face tougher rules in 2025
According to L2BEAT, big changes are coming to how we think about layer 2 (L2) projects, the group of projects that use Ethereum’s blockchain to handle more activity. Right now, the category has over 120 L2 projects and holds more than $50 billion in total value locked (TVL). For years, L2s were mainly judged on […]Cryptopolitan
Dec 20, 2024
Vivek Ramaswamy, co-leader of the US government’s D.O.G.E. X account, hacked to promote a stablecoin
Vivek Ramaswamy’s X account, the co-leader of the US government’s Department of Government Efficiency (D.O.G.E.), was reportedly hacked. The breach led to the dissemination of false information about a purported partnership between D.O.G.E. and stablecoin project USUAL, resulting in a temporary surge in the price of the token. Through his official account on X (formerly […]Cryptopolitan
Dec 20, 2024
Latest News and Developments For Sui (SUI) and Rollblock (RBLK); Can They Continue To Outperform Solana (SOL)?
Sui has entered a consolidation phase after reaching a record high price level earlier this week. Meanwhile, Solana is experiencing strong bearish pressure as the token fails to reBitcoinist
Dec 20, 2024
Crypto hedge funds enjoy outsized gains following Trump’s win
A group of hedge funds that focus on cryptocurrency has seen massive profits in recent weeks. Bitcoin shot up strongly after Donald Trump’s election victory, leading to a price above $100,000. According to the report by Financial Times, the data from Hedge Fund Research shows that hedge funds that used crypto strategies shared a gain of […]Cryptopolitan
Dec 20, 2024
Blockstream’s Adam Back defends BlackRock ad that questioned Bitcoin’s 21M cap
Blockstream CEO and Hashcash inventor Adam Back has come to the defense of BlackRock after the company’s recent Bitcoin ad triggered an outrage across the crypto community. It featured a small but explosive disclaimer: “There is no guarantee that Bitcoin’s 21 million supply cap will not be changed.” For Bitcoiners, the Bitcoin ad was a […]Cryptopolitan
Dec 20, 2024
While BNB (BNB) and Solana (SOL) Consolidate, Here’s Why Analysts Say This DeFi Coin Will Provide The Most Returns This Cycle
While Solana (SOL) and BNB (BNB) battle consolidation, smart investors are finding a hidden gem in the crypto market. Offering ROIs much above its rivals, the revolutionary decentralized exchange Lunex Network (LNEX) is generating great investment interest thanks to its unmatched security, privacy, and cross-chain capabilities. Could this under-the-radar token outperform top crypto coins like […]Cryptopolitan
Dec 20, 2024
