Crypto News Center

Solana to $500? VanEck’s Bold Price Prediction for SOL

Amid the ongoing consolidation in the cryptocurrency landscape, asset management giant VanEck has made a bold prediction for Solana (SOL). This forecast has captured widespread attention from the global crypto community, particularly as it comes during a period when SOL has been struggling consistently. VanEck Predicts $500 for Solana  In a recent post on X (formerly Twitter), VanEck stressed that the crypto bull market is expected to reach a medium-term...

2 Cryptos Set to Enter the $100B ‘Elite Club’ After XRP

XRP’s price marked a milestone rise that ignited in the first week of November and elevated its market capitalisation from around $30 billion to as high as $135 billion. This move also temporarily surpassed the market cap of Tether, becoming the third largest token after Bitcoin & Ethereum. Currently, the top stablecoin has reclaimed its level back, but the XRP price has maintained its $100B mark.  Similar to this token,...

Why is my washing machine using 3.6GB of data per day?

Homepage > News > Business > Why is my washing machine using 3.6GB of data per day? While browsing X recently, I came across a startling post in which a poster, @Johnie, realized his LG washing machine had used 3.6GB of data in a single day. Since the average HD movie uses between 2GB and 4GB of data, I was curious: What is a washing machine doing that would require...

Bitcoin Blasts Past $105,000, Setting New Record High

Bitcoin, the flagship cryptocurrency, soared past the $105,000 mark on Dec. 15, 2024, reaching an intraday peak of $105,149 per coin. This represents a 4% increase against the U.S. dollar within the day, showcasing a strong performance in the crypto market. Record Breaking Surge: Bitcoin Hits $105,149 The digital currency’s market capitalization has now climbed to an impressive $2.07 trillion, positioning it as the seventh most valuable asset by market...

Bitwise Launches Solana Staking ETP (BSOL) in Europe

Key Takeaways: Bitwise launched a Solana staking ETP, BSOL, across Europe. It comes at an attractive annual yield of 6.48% and at a competitive management fee of 0.85% to ensure it stays ahead of its competition. A focus on a European launch was pragmatic, based on seizing whatever opportunities existed while awaiting such regulatory changes in the United States. Bitwise remains optimistic for the future of Solana ETFs in the...

Justin Sun’s $37.3M bet on EIGEN – Here’s why it matters!

contributor Posted: December 17, 2024 Share this article Justin Sun deposits $37.3M in EIGEN, signaling confidence in its future. EIGEN’s price has risen 11.69%, in the last 24 hours. EIGEN has registered impressive market activity lately, with its price climbing by 11.69% over the last 24 hours, hitting $5.23.  The cryptocurrency fluctuated between a low of $4.69 and a high of $5.23 during this period, reflecting some price volatility. Despite...

Crypto price outlooks: Ripple XRP, Shiba Inu, iDEGEN

The overall market sentiment among crypto investors remains positive even as some assets report losses and fluctuations. While the bulls remain in control, Shiba Inu may enter a period of range-bound trading even though brief. On the other hand, Ripple price is set to retest 2018’s high as news over the approval of $RLUSD brings $3 into clear focus.  At the same time, iDEGEN remains on savvy investors’ radar as...

Bank of England Embarks on Crypto Data Collection

By Mark Hunter 1 day agoMon Dec 16 2024 09:41:56 Reading Time: 2 minutes The Bank of England has initiated a data collection exercise to assess financial firms’ exposures to cryptoassets This move aims to enhance the Bank’s understanding of potential risks posed by the growing integration of cryptoassets into the financial system Firms are expected to submit detailed information on their cryptoasset exposures by the specified deadline The Bank...

Big corporations appear hesitant to invest in BTC

Homepage > News > Business > Big corporations appear hesitant to invest in BTC Last week, Microsoft (NASDAQ: MSFT) had a BTC-focused proposal for discussion at its shareholder meeting. The proposal, championed by the National Center for Public Policy Research (NCPPRR)—a conservative think tank advocating for free-market solutions—urged Microsoft to allocate a portion of its profits to BTC as a hedge against inflation. To strengthen their case, the NCPPR collaborated...

Binance and Circle Partner in USDC Adoption Boost

By Mark Hunter 1 day agoThu Dec 12 2024 09:46:23 Reading Time: 2 minutes Binance and Circle have announced a push to use Circle’s USDC stablecoin on the platform The exchange appears desirous of seeing the regulated stablecoin displace Tether as its primary stablecoin The move is clearly designed to appease regulators Binance and Circle yesterday announced that they will join forces to boost the adoption of Circle’s USDC stablecoin...