Cardano (ADA) price tumbled below $1 on Thursday, succumbing to a broader market sell-off triggered by the US Federal Reserve’s latest policy statement. While the Fed delivered a 25-basis-point interest rate cut as expected, its hint of fewer rate cuts in 2025 spooked investors, pushing Cardano and other cryptocurrencies lower. ADA Underperforms Rivals Cardano’s 25% … Read more
Dogecoin (DOGE) experienced a significant 12.4% decline in the past 24 hours, mirroring a broader market downturn triggered by the Federal Reserve’s latest economic projections. The meme coin’s price plummeted to $0.31, accompanied by a 67% surge in trading volume to $10.25 billion, as investors repositioned their holdings. This sharp drop marks a 35% decline … Read more
MetaMask, a leading self-custodial wallet provider, has announced a limited pilot program for its debit card in the United States. While the card is currently available only to a select group of users, it signifies a significant step towards bridging the gap between crypto and traditional finance. The MetaMask card allows users to directly spend … Read more
Grayscale Investments has launched the Grayscale SUI Trust, providing qualified investors with exposure to SUI through a securities vehicle. As of December 18, the trust reported a net asset value of $65.52 per share, with assets under management totaling $12.88 million. This new fund marks a significant step in Grayscale’s ongoing efforts to expand … Read more
World Liberty, the cryptocurrency initiative linked to the Trump family, has made a significant move to strengthen its Ethereum (ETH) holdings with a recent purchase worth $2.5 million. According to data from Arkham Intelligence, the project acquired 722.213 ETH through Cow Protocol on December 20, 2024, at 6:54 UTC+8. This latest acquisition brings World Liberty’s … Read more
Caroline Crenshaw, a vocal critic of cryptocurrency within the Securities and Exchange Commission (SEC), will not be returning to the agency. Her term expires in January, and the Senate Banking Committee has declined to renominate her. This decision is being celebrated by the crypto industry, which has long viewed Crenshaw as an obstacle to its … Read more
In a surprising turn of events, Solana-based memecoin Fartcoin briefly surpassed a $1 billion market capitalization on December 18th, defying the broader crypto market’s double-digit slump triggered by the Federal Reserve’s interest rate decision. This surge occurred as the market reacted to the Fed’s announcement of a 25-basis-point rate cut, tempered by signals of fewer … Read more
Chainlink (LINK) is currently experiencing a period of short-term volatility, with analysts predicting a potential pullback before a renewed bullish run. This comes after a significant whale withdrawal of $15.5 million in LINK from Binance, raising speculation about future market movements. Short-Term Risk Reaches Peak, Reversal Expected The short-term risk associated with LINK has … Read more
Travala, a leading crypto-friendly travel platform, is taking cryptocurrency mainstream! Starting January 2025, users can book flights, hotels, and activities using sBTC and $STX. Why This Matters sBTC, built on Stacks Bitcoin Layer 2 (L2), speeds up Bitcoin transactions from 10 minutes to a mere 5-10 seconds! This eliminates waiting for confirmations, perfect for … Read more
The 2021 bull run saw a surge in altcoin prices, and while Avalanche ($AVAX) enjoyed significant gains following its impressive 291x ICO returns, it has since transitioned into a more measured growth phase. However, this period of steady progress may be about to change dramatically. On December 16th, Avalanche launched Avalanche9000, its most significant upgrade … Read more