Author: John Smith
Most meme coins plunged this week as many retail traders continued to sell in panic as the outlook in crypto worsened. The market cap of all meme coins tracked by CoinGecko was down by 12% to $113 billion on Dec. 13. While most meme coins plunged, the sell-off was more pronounced among smaller tokens. Brett (BRETT), the biggest meme coin in the Base Blockchain, fell by 11.2% on Thursday and by 23% in the last seven days. Peanut the Squirrel (PNUT), a Solana meme coin that went viral recently, has plunged by 40% in the last seven days. Similarly, Popcat…
Crypto.com has renewed its partnership with Formula 1, extending the collaboration through 2030, marking a continuation of the relationship established in 2021. Over the course of their partnership, Formula 1 has grown to reach a cumulative TV audience of 1.5 billion and amassed 96 million social media followers, according to a company note. Meanwhile, Crypto.com has expanded its user base to over 100 million globally, more than ten times its size at the start of the partnership. The renewed deal emphasizes fan engagement, with Crypto.com planning to roll out exclusive experiences and activations at select Grands Prix. The brand will…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts highlight a Solana-powered meme coin with 1000x potential by 2025, drawing comparisons to Cardano and SUI. A seismic shift in the cryptocurrency landscape is on the horizon as analysts spotlight a new meme coin powered by the Solana blockchain. With bold predictions of 1000x returns by 2025, this rising contender is already being compared to giants like Cardano (ADA) and SUI. Combining meme culture’s viral appeal with Solana’s unique technology, this coin has the potential to redefine investment…
Solana price has moved into a technical bear market as the crypto sell-off intensifies after the hawkish Federal Reserve decision. Solana (SOL), the fifth-biggest cryptocurrency, dropped to the psychologically important support at $200. Technicals point to a Solana price comeback The daily chart shows that SOL price has formed a few bullish chart patterns, pointing to a rebound in the next few days. First, the coin is forming a falling wedge chart pattern, which is made up of two falling and converging trendlines. In most periods, this pattern leads to a strong bullish breakout when the two lines near their…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano approaches a bullish pennant breakout, while Ripple and an emerging coin gear up for a potential 2x surge. Cardano (ADA) has formed a bullish pennant pattern on the chart. A potential breakout could occur in the coming weeks, which might send the altcoin to $1.5. However, Intel Markets (INTL), with its unique AI technology, has been the center of attraction. Accompanying the surge of interest, the INTL coin has increased by more than 700%, something ADA has not…
North Korea’s cyber operations hit new heights in 2024, with hackers linked to the regime stealing $1.6 billion in cryptocurrency, according to a report from Chainalysis. This marks a sharp increase from the $660.5 million stolen in 2023 and underscores the critical role cybercrime plays in funding Pyongyang’s government operations. There was $2.2 billion stolen from crypto platforms in 2024, and North Korea accounted for 61% of it, according to Chainalysis. North Korean hackers stole more from crypto platforms than ever before: $1.34 billion, which represents 61% of the total amount stolen for the year. pic.twitter.com/tVBsOKW8U7— Chainalysis (@chainalysis) December 19,…
Marathon Holdings restocked over $1.5 billion worth of Bitcoin using proceeds from its convertible note offering. Bitcoin (BTC) infrastructure firm Marathon Holdings acquired 15,574 BTC for an estimated $1.53 billion after raising nearly $2 billion through a 0% convertible note sale in November and December. Marathon shared a Securities and Exchange Commission Form 8-K filing on Dec. 19, revealing it bought its latest BTC tranche at an average price of $98,529 per Bitcoin. U.S. publicly traded companies use Form 8-K documents to disclose developments relevant to shareholders. Marathon Holdings now holds 44,394 BTC, worth a staggering $4.45 billion when the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Traders shift focus from DOGE and SHIB to emerging tokens like PEPE and Lightchain AI, with LCAI offering unique features and 1,000x growth potential. Dogecoin (DOGE) and Shiba Inu (SHIB) have faced a breakout delay as traders shift focus to emerging opportunities like PEPE and a promising $0.003 token poised for a surge to $30. While DOGE and SHIB remain staples of the meme coin market, investor enthusiasm is being redirected toward projects like Lightchain AI (LCAI). Currently priced…
Ethereum price declined to a critical support level as cryptocurrencies experienced a sharp pullback following the Federal Reserve’s hawkish interest rate announcement. Ethereum (ETH) slipped to $3,540, marking a 10% drop from its peak earlier this week. This retreat coincided with the sell-off of other coins like Bitcoin (BTC) and Solana (SOL). Despite the price drop, Ethereum’s fundamentals remain strong. Notably, Ethereum Exchange-Traded Funds have seen steady inflows, now totaling over $2.46 billion. These inflows have increased for 18 consecutive days, reflecting growing interest from investors. Ethereum ETFs are gaining traction as investors anticipate the SEC may soon allow staking…
CryptoQuant CEO warns of economic instability and calls for reform in South Korea’s financial policies. In a Dec. 19 post on X, Ki Young Ju, the CEO and founder of CryptoQuant, expressed grave concerns about the status of the Korean economy — critiquing the nation’s economic policies, pointing out, in particular, the rising value of the Korean Won and the unattractiveness of domestic assets. “Domestic assets, including the Korean Won, are not attractive at all,” Ju said, highlighting the ineffectiveness of government initiatives to keep the currency stable. Ju pointed out that the government’s efforts to keep the currency stable have…