PEPE bullish momentum has taken a hit, with the price retreating to a crucial support level at $0.00001748. This setback puts the bulls under pressure to hold the line as bearish forces regain strength. After an initial rally showed promise, the inability to sustain upward movement signals a critical moment for the meme coin’s price trajectory. PEPE now faces a decisive retest, with the $0.00001748 level emerging as a key point of contention between buyers and sellers. If the bulls manage to defend this support, it could act as a…
Day: December 26, 2024
Bitcoin Runes loses all momentum by 2024 end
The Bitcoin Runes protocol, which had a daily transaction count of over 750,000 on April 23, now struggled to reach 100,000 in December. Source link
Ethereum shorter gains $1.1M on 50X leverage in 2 days
Beyond the $1.1 million unrealized profit, the trader earned over $680,000 worth of funding fees on his short position, ripe for liquidation above $4,750. Source link
Bitcoin price dips 4% as TradingView 'glitch' sends dominance to zero
BTC price stability wobbles in what appears to be a knee-jerk response to erroneous Bitcoin dominance data. Source link
Solana meme coin MIRA soars to $80M market cap in 5 hours as community rallies around brave little girl
Key Takeaways The MIRA token reached an $80 million market cap within five hours, inspired by Mira Chen’s story. Siqi Chen pledged to donate $49,200 from his token holdings to brain tumor research at the Hankinson Lab. Share this article Little Mira, a four-year-old facing a rare brain tumor with incredible strength, has touched the hearts of the crypto community. In support of Mira and her ongoing battle, a crypto trader created a Solana token named after her, and its market value quickly surpassed $80 million within just five hours…
South Korea sanctions 15 North Koreans for crypto heists and cyber theft
The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapon development program in Pyongyang. Source link
What is a bull trap, explained
A bull trap lures traders into thinking prices will keep rising, only to reverse and cause losses. Learn how to spot and avoid this common trading pitfall. Source link
Hong Kong stablecoins bill advances to the Legislative Council
The proposed bill includes specified licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protection. Source link
a quick guide to accepting crypto with CryptoProcessing
Share this article For a long time, cash, credit and debit cards, and wire transfers have been the go-to payment options. But over the past decade, things have started to change. Cryptocurrencies, once a niche phenomenon, have become increasingly common. Today, there are roughly 600 million cryptocurrency holders worldwide, and that number will likely grow. While some crypto holders treat their digital assets as investments, many — around 200 million globally — are willing to use cryptocurrencies for everyday purchases. They’re drawn to cheaper transaction fees, faster processing times, and better accessibility.…
Japan PM not ready to talk about Bitcoin national reserve: Report
The Japanese Prime Minister said it is “difficult for the government to express its views” on implementing a Bitcoin strategic reserve. Source link