Crypto News Center

‘Gonna keep buying’ Bitcoin, Michael Saylor on BTC’s journey to $100K

Journalist Posted: December 14, 2024 Share this article Michael Saylor remains a strong advocate for Bitcoin, focusing on its long-term value and adoption. MicroStrategy continues to lead in Bitcoin investment, with substantial acquisitions and capital market initiatives. Michael Saylor has consistently remained a strong advocate for Bitcoin [BTC], even during its bearish phases.  Now, as BTC recently hit the $100K milestone, it was no surprise that Saylor shared his insights...

Pudgy Penguins Token PENGU Starts Trading, Tumbles on Major Exchanges

The highly anticipated PENGU token dropped over 50% shortly after its airdrop to NFT holders. The token is down nearly 60% in the last 24 hours. The decline was mirrored by a sharp drop in the Pudgy Penguins NFT floor price, falling from 33 ETH to 16 ETH. One trader reportedly earned US$13.7M (AU$21.6M) by flipping 5.3 million PENGU tokens within 20 minutes. Oh, boy. This one is definitely not...

Ethereum ETFs Boom: BlackRock and Fidelity Dominate $855M Inflows Week

You are here: Home / News / Altcoin News / Ethereum ETFs Boom: BlackRock and Fidelity Dominate $855M Inflows Week Ethereum spot exchange-traded funds (ETFs) recorded their highest-ever weekly inflows, totaling $855 million from December 9–13, 2024. This marks a significant milestone for Ethereum, reflecting heightened institutional interest and confidence in the cryptocurrency market. Leading the charge, BlackRock’s ETH ETF (ETHA) attracted $523 million in net inflows during the week....

Ripple’s RLUSD stablecoin set to launch tomorrow as XRP token jumps 8%

RLUSD will be available on major exchanges Uphold, Bitso, MoonPay, and also on the Ethereum blockchain. Photo: Ripple Key Takeaways Ripple announces RLUSD stablecoin launch for December 17, 2024. XRP token surges 8% on RLUSD news, reaching $2.56 with a $146 billion market cap. Ripple has officially announced that its USD-backed stablecoin, Ripple USD (RLUSD), will launch on Tuesday, December 17, 2024. Initially, the stablecoin will be available on exchanges...

Bitget Considers New Lithuanian Regional Hub for MiCA Compliance

Bitget is considering a new European regional hub to prepare for MiCA compliance. This hub will be based in Lithuania, and the exchange plans to recruit personnel for compliance and operations. This news comes from a press release shared with BeInCrypto. Bitget Prepares for MiCA Bitget, one of the leading crypto exchanges, is pursuing regulatory approval in 15 countries and holds licenses in several EU nations. Bitget entered the UK...

The 5 Best New Meme Coins to Buy This Week For Explosive Growth

As crypto enthusiasts continue to explore the wild opportunities within the crypto space, new projects are popping up almost daily, promising not just laughs but also potential profits. With the market showing signs of recovery and an increasing number of investors eager to jump on the meme coin bandwagon, now is the perfect time to discover which coins are worth your attention this week. Among the hottest newcomers is BTFD...

Travala (AVA) Rally: Binance Early Bet And CZ’s Nod Drive 300% Growth

Within a few hours following a tweet by Changpeng Zhao, the CEO of Binance, the Travala token, AVA, has risen by 300%. For the crypto travel agency, which lately revealed having reached $100 million in annual revenue, this increase marks a turning point. From $0.80 to $30.1, the price of AVA has exploded, courtesy of growing interest in the use of digital currency in the travel industry. Binance Early Investment...

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing submitted on Tuesday, Coinbase defended its action, claiming it was a necessary step to shield its platform’s integrity and its customers from the potential hazards linked to Justin Sun’s association with...

$200 Million ADA Sell-Off Fuels Fears of Cardano Price Falling Below $1

Cardano’s (ADA) price has been experiencing a downtrend recently, raising concerns about a potential drop below the $1 support level. A major contributing factor to this decline is the selling activity by large ADA holders, often referred to as whales. These Cardano investors have been unloading their coin holdings, likely taking advantage of recent gains to secure profits. Cardano Whales Trigger Selloffs BeInCrypto’s assessment of Cardano’s on-chain performance has revealed...

W Africa bloc offers junta-led states six months to rethink exit

By Camillus Eboh ABUJA (Reuters) - Mali, Burkina Faso and Niger will have a six-month grace period after their scheduled exit from West Africa's main political and economic group next month during which the ECOWAS bloc will try to persuade them to stay, the bloc's leaders agreed on Sunday. The summit of the Economic Community of West African States (ECOWAS) was seen as a chance to address the impending withdrawal...