Crypto News Center

LayerZero’s Stargate down for 6 hours due to DVN malfunction

LayerZero Scan reports approximately 29,700 transactions currently stalled within the system. Key Takeaways Stargate has been offline for over six hours due to a serious service disruption. Users are urged to halt cross-chain transfers until further notice. Stargate, a cross-chain bridge built on LayerZero, has been down for over six hours due to malfunctioning Decentralized Verifier Networks (DVN), which causes delays in transaction processing across multiple blockchains. Blockchain security firm...

XRP’s Next Move: Will $1.90 Hold or Short Positions Be Liquidated?

You are here: Home / News / XRP’s Next Move: Will $1.90 Hold or Short Positions Be Liquidated? Ripple’s XRP price movements are crucial, with a potential $2.62 rebound possibly triggering a $20.5M short position liquidation. Analysts view XRP’s current fluctuations as “noise,” with a potential double-bottom formation at the $1.90 level signaling a bullish reversal. XRP’s trading range mirrors past cycles, moving between $2.00–$2.26, showing no major deviations despite...

XRP’s $10 Prediction Sparks Frenzy – DEBO Is the Next Memecoin to Explode

You are here: Home / News / XRP’s $10 Prediction Sparks Frenzy – DEBO Is the Next Memecoin to Explode Could this be the best time for a game-changing investment in crypto? The buzz around XRP’s $10 prediction sparks frenzy, with Ripple’s legal wins and expanding partnerships fueling optimism for a significant rally. But amidst this frenzy, a new wave of memecoins is making headlines. Among them, DexBoss (DEBO) is...

"They're Encroaching on Our Space": Pepperstone's CEO Warns of CFD Crypto Exchange Threat

2024-12-20T14:56:50.754+02:00 F r i d a y , 2 0 / 1 2 / 2 0 2 4 | 1 2 : 5 6 G M T by Damian Chmiel Finance Magnates spoke with Tamas Szabo, the CEO of the retail trading platform Pepperstone. Watch the whole interview in the video inside the article. Tomas Szabo (right) and Jonathan Fine from Finance Magnates Pepperstone is witnessing a significant increase in...

Bitcoin Drops to $92,118 as Crypto Economy Shrinks by Nearly 12%

Bitcoin (BTC) plunged over 9% on Friday to a 24-hour low of $92,118 at 6:30 a.m. Eastern Time. Bitcoin’s Sharp Decline Leads $1.4 Billion in Derivatives Liquidations This crash marks one of the most dramatic dips for the cryptocurrency this month. The wider crypto scene didn’t fare much better, shrinking by 11.94% to a total market cap of $3.13 trillion. The sell-off frenzy hit several altcoins hard, with GIGA, CVX,...

SUI The Rising Star: Analyst Foresees Over $25 Breakthrough

Sui Network, the layer-1 blockchain, has gained interest in the cryptocurrency space due to its excellent performance and speed. Since its launch in May 2023, Sui quickly positioned itself as a huge player in the blockchain platform sphere, especially in real-time applications such as gaming and DeFi. SUI: Surge In Popularity The expanding user base and market performance of SUI reflect a rise in interest. Lately, the price of the...

Long-Term Bitcoin Holders Have Sold 1M BTC Since September: Van Straten

Bitcoin is at the biggest discount to its record high since the U.S. election. Dec 20, 2024, 11:07 a.m. UTC Bitcoin (BTC) is currently trading 13% below its record high of around $108,000, the most since President-elect Donald Trump won the U.S. election in early November. Since then, the largest cryptocurrency has spent several periods at 10% below the record, a level that some investors term a correction. BTCUSD (TradingView)...

SEC Approves Bitcoin-Ether ETFs for Hashdex and Franklin Templeton

By CryptoNinjas Key Takeaways: The SEC has approved Bitcoin-Ether ETFs for Hashdex and Franklin Templeton, making crypto more accessible to big investors. This approval shows growing acceptance of cryptocurrencies in the mainstream financial world. The crypto market remains volatile, but this move could pave the way for more similar products. What Are These Bitcoin-Ether ETFs All About? The SEC approved two ETFs at the same time: Hashdex Nasdaq Crypto Index...

US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Investors react to economic signals, leading to the largest recorded fund withdrawals in a single day. Key Takeaways US Bitcoin ETFs experienced historic outflows with investors withdrawing $672 million in a day. Fidelity's Bitcoin Fund led the outflows, followed by Grayscale and ARK Invest ETFs. US spot Bitcoin ETFs suffered their largest-ever single-day outflow amid a sharp crypto market sell-off following the FOMC meeting. According to Farside Investors data, approximately...

FLOKI PRICE ANALYSIS & PREDICTION (December 20) – Floki Drops To Three-Month Low Following A Serious Breakdown, Can It Recover? 

Amid the latest crypto meltdown, Dog-themed meme coins suffer the most loss as Floki leads the park with a 15% drop in the last 24 hours. It appeared bearish daily and now sits above September’s high. The past month has been tough for Floki as it failed to advance bullishly above the $0.0003 level. An attempt to break above this key level earlier this month proved abortive and the crypto...