According to data from DefiLlama, restaking protocol EigenLayer currently has approximately $15.4 billion in total value locked. Source link
Day: December 20, 2024
Hawk Tuah girl Haliey Welch resurfaces to address her meme coin fiasco, only to get roasted by the internet
Key Takeaways Haliey Welch addressed the failure of the Hawk Tuah meme coin, which saw a 90% price drop and caused $151,000 in investor losses. A lawsuit was filed against Tuah The Moon Foundation and others, alleging the Hawk Tuah coin was fraudulently marketed as an unregistered security. Share this article Hawk Tuah girl Haliey Welch finally spoke up after the failed launch of her meme coin HAWK, but she ended up getting roasted widely by crypto community members. It was weeks of crickets from Welch after the HAWK launch.…
Metallicus acquires fintech operator connected to 70 credit unions
The acquisition brings Metal blockchain solutions to Bonifii’s portfolio of credit unions. Source link
Ether ETFs poised to surge in 2025, analysts say
Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say. Source link
Price analysis 12/20: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, TON
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels. Source link
BTC went viral in 2024. Are USDT and SOL next?
Share this article Solana’s Rise in the Market Solana (SOL) has emerged as one of the strongest Layer 1 blockchains, witnessing significant growth within the past year. It experienced a remarkable gain of over 200%, escalating its value to $216 in 2024. This surge is attributed to its impressive transaction speeds and lower fees compared to competing networks, making a Solana wallet favored choice among developers and investors. Year Price (USD) Annual Growth (%) 2023 72 +200 2024 216 +200 The ongoing developments in Solana’s ecosystem, including partnerships and new…
Hawk Tuah influencer speaks out after memecoin rug pull allegations
A memecoin bearing Haliey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%. Source link
Tether CEO teases AI platform launch, targets March 2025
Key Takeaways Tether plans to launch an AI platform by March 2025, as announced by CEO Paolo Ardoino. AI-focused projects are rapidly growing, with significant market activity noted in AI-related crypto tokens. Share this article Tether, the largest stablecoin issuer, plans to launch an AI platform by March 2025, according to CEO Paolo Ardoino’s announcement on X. “Just got the draft of the site for Tether’s AI platform. Coming soon, targeting end Q1 2025,” Ardoino wrote. The move comes as AI-related discussions dominate the crypto sector. On December 16, AI…
Quantum BioPharma invests $1M in BTC, cryptos for treasury diversification
The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock. Source link
Hyperliquid’s HYPE token surges past $10 billion market cap
Key Takeaways HYPE surpasses $10 billion market cap, entering the top 25 coins by market capitalization. Hyperliquid’s HYPE token surges 20% in one day, reaching a new all-time high of $30. Share this article Hyperliquid’s native token HYPE surpassed a $10 billion market capitalization, with its price exceeding $30 per token. This milestone comes amid broader market volatility following Fed Chair Jerome Powell’s hawkish speech on Wednesday. HYPE/USDC Market Cap chart (TradingView) While Bitcoin fell from its all-time high of $108,000 to $92,000 yesterday—a nearly 15% decline—and many altcoins experienced…