Crypto News Center

Best Cryptos to Buy in December 2024: Qubetics, Chainlink, and Cronos Lead the Pack

Why Qubetics Could Be the Best Crypto Investment of December 2024: A Deep Dive into Its Potential Alongside Chainlink and Cronos Cryptocurrency has been the talk of the town lately, and it’s not just about Bitcoin or Ethereum anymore. New projects and existing powerhouses are shaking up the scene. Did you catch the news about the PGA Tour teaming up with LIV Golf for a massive $10 million prize paid...

DraftKings NFT Lawsuit Dismissal Fails

By Mark Hunter 1 month agoThu Jul 04 2024 07:45:56 Reading Time: 2 minutes A US judge has denied DraftKings’ motion to dismiss a class action lawsuit involving its NFTs The lawsuit claims DraftKings’ NFTs are investment contracts and could be securities Judge Denise Casper ruled that the NFTs could constitute a security A US federal judge in Massachusetts has ruled against DraftKings’ attempt to dismiss a class action lawsuit...

Ethereum Could Reclaim $2,700 As Key Data Signals Reduced Selling Pressure

Ethereum (ETH) currently trades approximately 11% below its local highs of around $2,730. Investors are optimistic about a potential price surge in the coming days, driven by encouraging on-chain data. Key metrics from Glassnode indicate a decline in ETH inflows into exchanges, suggesting that investors are holding onto their assets rather than selling. This trend typically points to increased accumulation and could foreshadow a bullish breakout. As the broader crypto...

Ethereum to drop below $2K next? Analyst says ‘it won’t be long’ because…

contributor ETH dropped below $3k amidst greater outflows from ETFs Some analysts are now predicting a drop below $2k for the altcoin On the back of great crypto volatility amid Bitcoin’s own instability, altcoins are getting hit. In the middle of this downtrend, ETH has suffered the most over the last 7 days after dropping below $3k on the charts. As expected, this decline has worried analysts about the possible...

NFT volume hits 6-month high, but still 90% down from 2021

Homepage > News > Business > NFT volume hits 6-month high, but still 90% down from 2021 Non-fungible tokens (NFTs) made a comeback in November after dipping for seven consecutive months, hitting $563 million in monthly volume as the positive momentum from the United States elections spread to the NFT market. Since their emergence in 2021, NFTs have mirrored the overall digital asset market sentiment, with trading volume and overall...

Pawfury (PAW) Stage 4 Sold Out, Investors Rushing To Buy Final Stages

In the rapidly evolving world of cryptocurrency, Pawfury (PAW) has emerged as a frontrunner, achieving a significant milestone with the successful completion of its presale’s fourth stage and the simultaneous launch of its eagerly awaited DeFi Wallet. This development marks a pivotal moment in the project’s growth, blending cutting-edge technology with strategic foresight. The recent launch of the Pawfury Wallet, especially during the presale phase, underscores the project’s commitment to...

Pound Sterling Price News and Forecast: GBP/USD posts modest gains around 1.2770

GBP/USD Price Analysis: Holds below 1.2800, bearish bias remains intact The GBP/USD pair trades with mild losses near 1.2770 during the Asian trading hours on Tuesday. The modest recovery of the US Dollar (USD) helps limit the pair’s losses after retracing to 1.2710 in the previous session.   According to the 4-hour chart, the major pair keeps the bearish vibe unchanged, with the price holding below the key 100-period Exponential Moving...

Ripple (XRP) Price Faces Uncertain Momentum After 6-Year Highs

Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana’s market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018. This decline suggests that the bullish momentum has cooled, and...

Solana DEXs Overtake Ethereum DEXs in Trading Volume

By Philip Maina 1 week agoMon Aug 05 2024 09:54:49 Reading Time: 2 minutes Solana DEXs registered a higher trading volume than their Ethereum counterparts in July This is the first time Solana DEXs’ monthly trading volume rose above that of Ethereum DEXs Trading volume on Solana DEXs remained above that of their Ethereum counterparts for 17 days in July Solana-based decentralized exchanges (DEXs) processed transactions worth close to $57...

Top 10 Countries Leading in Cryptocurrency Investments

A recent study ranking countries by their cryptocurrency ownership rates reveals the United Arab Emirates (UAE) as the front-runner. According to CEO World Magazine, the UAE boasts the highest percentage of its population invested in cryptocurrencies, followed closely by Vietnam and the United States. This increase in cryptocurrency adoption can be attributed to favorable regulations, technological advancements, and economic changes within these countries. While the UAE leads in ownership percentage,...