Month: December 2023

Cryptocurrencies are experiencing an influx of fresh capital as the stablecoin market expands after more than 18 months. Tether’s USDT, in particular, has reached an all-time high market cap of $89 billion. Glassnode data reveals that the combined market capitalization of the largest stablecoins grew by nearly $5 billion in the past month, totaling $124…

The Bitcoin price trajectory is unfolding in a compelling manner, instilling confidence in investors for the upcoming days. Currently retracing to the April 2022 level, just weeks before the FTX collapse in the crypto market, the BTC price has caught the attention of Titan of Crypto. Based on the last 72 hours’ price activity, this…

Whale Alert, a platform tracking blockchain metrics, disclosed a surge in whale activity around XRP, the cryptocurrency supported by Ripple Labs. Subsequently, the token garnered notable attention from crypto enthusiasts in the cryptocurrency realm. Additionally, the XRP price experienced a slight decline on December 6 amid the heightened whale activity. A Detailed Report on XRP…

Solana (SOL), a competitor to Ethereum Layer-1, exhibited price fluctuations between $60 and $65 this week. Following a 7% decline on Tuesday, SOL has rebounded, now showing a 6.5% increase, trading at $64.28.In a recent podcast with Unchained, Solana Labs co-founder Anatoly Yakovenko discussed FTX’s collapse, shared thoughts on Sam Bankman-Fried, addressed the SEC’s classification…

DWF Labs reaffirms its commitment to the Floki Ecosystem with a $1.2 million token purchase from the Floki treasury on December 5, preparing strategically for the anticipated crypto bull market. Following this move, Floki (FLOKI) witnesses a remarkable 24.68% surge in the last 24 hours, reaching $0.00004488, and a 40% increase over the past 7…

Binance, the world’s largest crypto exchange, has announced a $500,000 crypto airdrop to promote its newly launched Web3 Wallet amid the ongoing crypto market rally. Users can participate by making a swap using the Web3 Wallet, with the airdrop event running until December 31, 2023. The airdrop includes various cryptocurrencies, ranging from 1 SHIB to…

Coinbase Global Inc., the American trading platform, has introduced a new feature in its decentralized Wallet product, facilitating seamless transfers of crypto assets and stablecoins, such as USDC, among users on various social media platforms. This enhancement aims to simplify, reduce costs, and expedite money transfers. Users can generate a link on Coinbase Wallet and…

Renowned author Robert Kiyosaki, known for “Rich Dad Poor Dad,” recently conveyed a compelling message via Twitter amidst economic uncertainties. He celebrated gold reaching a new high while cautioning about the prolonged challenges within the traditional monetary system.Kiyosaki’s central theme urges a departure from what he labels a “FAKE money system,” advocating a shift toward…

El Salvador’s President Nayib Bukele, previously under scrutiny for his decisive Bitcoin move, recently stated on account X that the country’s Bitcoin investment has proven profitable. Despite criticism, Bukele revealed a $3.62 million profit at the current BTC price, addressing those opposing the decision to adopt Bitcoin as legal currency. “El Salvador’s Bitcoin investments prove…

US presidential candidate Robert F. Kennedy Jr. expresses strong support for an independent currency free from government control. He voices concerns about government limitations on Bitcoin and stands against the implementation of central bank digital currencies, viewing them as potential tools for power and control.Kennedy proposes issuing treasury bonds backed by a diverse set of…