Vaibhavv Ali
Bitcoin’s price has dropped to its lowest level since late November, dampening hopes for a “Santa Claus rally.” This traditional period of strong gains in the lead-up to the new year has historically occurred in years preceding market cycle peaks. Bitcoin fell to $92,442 on December 23, marking a 14.5% correction from its all-time high … Read more
Stellar (XLM) is currently trading at $0.3514, experiencing a 1.40% decline today. This downward movement brings XLM closer to its critical support level of $0.33, raising concerns among investors. Price Action and Key Levels Support Levels: $0.33 (immediate), $0.30 (major), $0.0950 (long-term) Resistance Levels: $0.37 (recent high), $0.3942 (13-day moving average), $0.50 (next major resistance) A breakdown … Read more
Hedera Hashgraph (HBAR), after experiencing a significant decline that brought its market cap down to $10.11 billion, appears to be poised for a rebound. The altcoin’s recent price action and key indicators suggest a potential return to its all-time high of $14.20 billion. Signs of Strength HBAR’s market cap reached its peak of $14.20 billion … Read more
Crypto.com, a leading cryptocurrency exchange, has announced the launch of Crypto.com Custody Trust Company, a new service aimed at US institutions and high-net-worth individuals. This move signifies Crypto.com’s commitment to expanding its footprint in the North American market. Targeting US Institutions and High-Net-Worth Individuals The new custody service will provide a secure platform for US … Read more
Fintech giant MoonPay has solidified its position in the crypto space with the acquisition of Helio Pay, a leading crypto payment gateway. This strategic move follows MoonPay’s recent launch of MoonPay Balance, a fiat-to-crypto transfer service designed for seamless DeFi interactions. Helio Pay, known for its integration with platforms like Shopify and Solana Pay, serves … Read more
MicroStrategy, known for its aggressive Bitcoin accumulation, has proposed an ambitious “21/21 Plan” to raise a massive $42 billion through equity and debt financing. This move, aimed at further increasing the company’s Bitcoin holdings, has ignited a heated debate among shareholders. The “21/21 Plan” in Detail The plan involves: Equity Increase: Increasing the number of … Read more
Singapore solidified its position as a leading hub for digital assets in 2024, while Hong Kong faced challenges in its bid to attract crypto businesses. According to a Bloomberg report, Singapore issued 13 crypto licenses to various operators throughout the year. This significant increase, more than double the number issued in 2023, includes licenses … Read more
Grayscale Investments, a prominent digital currency asset manager, has announced the private issuance of 3,565,200 shares of its Horizen Trust (ZEN) to qualified investors. This move signifies a significant step forward for Grayscale as it continues to broaden its range of cryptocurrency investment options for institutional clients.According to a recent 8-K filing with the U.S. … Read more
As the crypto world faces a downturn with the likes of Dogecoin (DOGE), XRP (Ripple), and PEPE crashing, a new Christmas-themed meme coin, Santa Trump (XMASTRUMP), is emerging as the next big contender. This token, inspired by Donald Trump in a festive holiday outfit, has already shown incredible growth and promises to deliver huge gains, … Read more
HYPE, the native token of the Hyperliquid decentralized exchange, has recently exploded onto the crypto scene. With its market cap exceeding $10 billion and a 40% surge in 24 hours, HYPE has catapulted into the top 20 cryptocurrencies by market capitalization. What’s Driving HYPE’s Success? Massive Airdrop: Hyperliquid executed the largest crypto airdrop in history, … Read more