Month: December 2023

In the unpredictable realm of cryptocurrencies, where fortunes shift rapidly, a mysterious trader stands out for his bold success. After raking in a remarkable $25 million from the meme-inspired token Bonk (BONK), this crypto expert has set sights on a fresh endeavor—Retik Finance (RETIK), a burgeoning player in decentralized finance (DeFi). This prompts the question:…

Amidst the cryptocurrency market’s 2023 volatility, savvy investors are scouting for hidden gems poised for substantial growth. While Bitcoin and Ethereum remain dominant, the upcoming year may introduce new players aiming to disrupt the industry. Among the myriad tokens, three contenders—Retik Finance (RETIK), Bonk (BONK), and Fusionist (ACE)—have surfaced as potential candidates for a 50x…

On December 22, 2023, the Central Bank of Nigeria (CBN) officially revoked its ban on cryptocurrency transactions, according to a circular. Haruna Mustafa, Director of the Financial Policy and Regulation Department, announced this decision, highlighting Nigeria’s commitment to adapting to the evolving global financial landscape. The CBN’s move is a response to international trends, emphasizing…

In a recent blog entry, Brian Armstrong, CEO, and Co-founder of Coinbase, conveyed his conviction that cryptocurrency isn’t merely a fleeting trend but symbolizes the future of currency. Coinbase is actively pursuing a mission to broaden economic freedom for over a billion individuals, highlighting the transformative power of this asset class in redefining the financial…

Approaching its launch date, the DOGE-1 satellite, funded with Dogecoin, is set to take off on January 12, 2024, from the Kennedy Space Center in collaboration with SpaceX, led by Elon Musk. As the countdown ticks, here are three tokens to watch for potential rally opportunities. Facts About Dogecoin (DOGE) At the forefront of this…

Polygon (MATIC) experienced a notable 6% uptrend in the past 24 hours, breaking a crucial resistance level and surpassing the $0.85 threshold. The on-chain analysis emphasized a noteworthy resistance zone in the $0.79 to $0.84 range during Polygon’s ascent. The importance of this range stems from the substantial investor presence, approximately 38,570 addresses, holding around…

In its recent financial stability report, the People’s Bank of China (PBoC) advocates for international collaboration in establishing regulations for the cryptocurrency market. The report highlights the importance of addressing issues related to cryptocurrency asset regulation and decentralized finance (DeFi), dedicating a specific section to crypto assets and emphasizing the necessity for coordinated regulatory efforts…

Solana (SOL) saw a remarkable 17.15% surge in the past 24 hours, propelling it to the fourth-largest cryptocurrency by market capitalization. Currently trading at $98.63 with a market cap of nearly $42 billion, SOL has surpassed Binance Coin (BNB) at $41.9 billion, according to Coingecko data. Beyond the market cap increase, SOL’s contract trading volume…

In a groundbreaking development, Fideum Group, a fintech innovator, has garnered support from payment giant Mastercard to usher in a new era of seamlessly integrating digital assets with everyday financial activities.CEO Anastasija Plotnikova, in an exclusive interview with CryptoSlate, unveiled their recent triumph as the overall winner of the Mastercard Lighthouse FINITIV 2023 Fall Program….

In a recent update on X (formerly Twitter), Santiment illuminated compelling reasons behind Bitcoin’s surge to $44.2k, suggesting a potential upward trend. Beyond surface analysis, a deeper examination revealed nuanced market dynamics. The breakthrough past the $43,000 resistance on December 20th showcased robust bullish strength, with heightened miner revenue fueled by escalating transaction fees. Examining…