Crypto lawyers, Bitcoin hodlers and memecoin entrepreneurs were some of the biggest winners of 2024. Source link
Day: December 29, 2024
Squid Game token scams flood the crypto market
As Netflix released Squid Game Season 2 after Christmas, tokens of the same name flooded the crypto markets. Source link
Russia’s largest bank joins digital ruble pilot program
Key Takeaways Sberbank, TBank and Tochka Bank are now part of the digital ruble pilot program. By July 2025, major Russian banks must support digital ruble functionalities or face fines from the CBR. Share this article Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and Tochka Bank, according to a statement from the Central Bank of Russia (CBR) reported by Interfax on Dec. 28. The program previously included 12 credit organizations, with expectations for an additional 14-15 banks to onboard in 2025, said Olga…
Memecoins lose momentum as $40B lost in December
Memecoins surged to as high as $137 billion in December before falling to as low as $92 billion in the same month. The memecoin market lost over $40 billion in December, with traders witnessing massive volatility and shifting opportunities. Source link
Altcoin ‘euphoria’ phase begins once market cap jumps 16% — Trader
A crypto trader says the altcoin total market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain “choppy.” Source link
Bitcoin may reach $150K or $400K in 2025, based on SBR and Fed rates — Blockware
Bitcoin’s potential price range in 2025 is quite significant, but it bears down to three major factors, according to the crypto mining firm Blockware. Source link
Price Waves Reveals Pivotal AVAX Support At $31
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
XRP Forms Bullish Flag Pattern: What’s Next For The Altcoin?
XRP is capturing attention across the crypto market as it forms a bullish flag pattern, a classic technical setup often signaling potential upside. This development comes after a strong price surge, followed by a period of consolidation that mirrors the shape of a flag. Such patterns are typically interpreted as continuation signals, hinting that the recent upward momentum could resume if key conditions are met. Currently trading within this flag’s boundaries, XRP appears to be gathering strength for its next big move. A successful breakout would likely validate the bullish…