Author: John Smith
Shiba Inu price continued to consolidate this weekend even as some cryptocurrency analysts remained optimistic. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.00002812, up by 163% from its lowest level in August. Some analysts predict that Shiba Inu was on the cusp of a strong bullish breakout in the coming weeks. In an X post, SHIB Mortal, predicted that the coin would jump to $1 in this bull run. Similarly, Daink, a popular trader with over 88k followers, expects the coin to have a strong bullish breakout. He cited its strong technicals on the monthly…
Cryptocurrency prices held steady on Saturday, Dec. 14 as the recent consolidation continued. Bitcoin (BTC), the biggest cryptocurrency, remained above $101,382 at last check Saturday as it struggled to retest the all-time high of $104,000. VanEck predicts that the coin will rise to $180,000 in 2025. Source: CoinGecko Happy Cat (HAPPY), HyperLiquid (HYPE), and Virtuals Protocol (VIRTUAL) were some of the best-performing coins on Saturday. Happy Cat price rises after Uphold listing HAPPY, which is a fast-growing Solana meme coin, rose by 35%, while HYPE and Virtuals jumped by 15% and 10%, respectively. The other top gainers were tokens like…
Spot Ethereum exchange-traded funds broke a crucial record as their inflows continued rising. Ethereum (ETH) ETFs have had inflows in the last 16 consecutive days, breaking a personal record. The net inflow on Friday, Dec. 14 stood at over $23.6 million, bringing the total amount since inception to over $2.26 billion. According to SoSoValue, all spot Ethereum ETFs hold over $13.7 billion in assets. The Grayscale Ethereum ETF is still the biggest with over $5.6 billion. It is followed by iShares Ethereum Trust ETF, Fidelity Ethereum Fund, Bitwise Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF. One reason for…
Mid-December has seen a surge in crypto VC funding, headlined by Avalanche Labs’ $250 million raise. This week marked one of the largest single investments in blockchain infrastructure this year. The period also saw significant investments across infrastructure, AI, and financial services sectors, with cumulative funding exceeding $400 million. This is close to $180 million more than last week’s fundraise. Crypto.news collected the data from Crypto Fundraising to analyze the projects that took home the highest funds during this period. Avalanche (Ava Labs), $250 million Secured $250 million in an unknown round Backed by Galaxy, Dragonfly, and other major investors Avalanche…