Author: John Smith

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…

December 18 is HODL Day, a celebration of a famous crypto typo that became a symbol of sticking with your investments, no matter what the market throws your way. So what is HODL anyway? Here’s how HODL became an iconic term in crypto. The origin of HODL: What does HODL mean in crypto? What does “HODL” stand for? HODL meaning originates from a post on the Bitcointalk cryptocurrency forum in 2013, where it first appeared as a typo of the word ‘hold.’ The term “HODL” means staying committed to holding onto Bitcoin (BTC) despite a sharp price drop, as declared…

Binance’s latest Global User Survey revealed that almost half of its users joined the crypto market in 2024. Meanwhile, around 23.89% respondents believe AI tokens will lead the crypto market in 2025, followed closely be meme coins. On Dec. 19, Binance released the results from its global survey involving more than 27,000 users from Asia, Australia, Europe, Africa, and Latin America. The crypto exchange found that a large majority of its users are new to crypto. Around 24.52% of users entered the space in the past six months, while 20.60% just joined within the past year. New crypto adopters make…

After the Fed cut the interest rate by 0.25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit. On Dec. 19, the Federal Reserve reduced its key interest rate by 25 basis points and warned of cuts in the following years. The Fed hinted that it would probably lower only twice more in the new year ahead. Fed Chair Jerome Powell explained that since the U.S. government’s stance has become less restrictive, then the agency can afford “be more cautious as we consider further adjustments to…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu prepares for a moonshot as whales stockpile a 10x coin alongside Ethereum. Shiba Inu (SHIB), the second largest meme coin in terms of market cap, may soon be the next meme token to skyrocket, according to analysts. Meanwhile, whales have been accumulating Ethereum (ETH) and a new AI coin called Intel Markets (INTL). While ETH looks set for a new ATH, INTL has outperformed many top altcoins in the market, giving investors up to 700% returns on…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid the bull market, Binance Coin holders are turning to Lightchain AI for its smart fusion of AI and blockchain, as well as its massive growth potential. Binance Coin (BNB) has long been a favorite among traders for its utility and consistent growth within the Binance ecosystem. However, growing interest is now shifting toward Lightchain AI (LCAI), a cutting-edge platform merging blockchain with artificial intelligence. Offering features like Proof of Intelligence (PoI) and the Artificial Intelligence Virtual Machine (AIVM),…

ERC20 is a standard that allows developers to build their cryptocurrencies on the Ethereum network. It has made it easier for businesses to establish their blockchain services rather than creating their own blockchain starting from scratch. Startups are benefiting from the ERC20 token. Many companies have also raised millions of dollars through token sales. EOS, Tron, and VeChain were first released as ERC20 tokens and have been converted to their mainnets. Summary (TL;DR) History: It was proposed in 2015 by Vitalik Buterin and Fabian Vogelsteller. In EIP-20, they specified a standard interface for tokens. Here is the link to original…

Key Takeaways BiT Global accused Coinbase of unfair business practices, alleging that the exchange’s decision was intended to promote its own wrapped Bitcoin product, cbBTC Coinbase defended its decision to delist wBTC was motivated by concerns over the potential for the token’s control to fall into the hands of Justin Sun.  A U.S. District Court has ruled in favor of Coinbase, allowing the company to proceed with its plan to delist Wrapped Bitcoin (wBTC) despite a legal challenge from BiT Global, a Hong Kong-based firm with ties to Justin Sun, co-founder of the Tron blockchain. On December 19, U.S. District…

Coinbase as a platform is easily one of the best cryptocurrency exchanges available in the crypto industry. Not only does it attract professional-level traders with decent knowledge about the crypto market, but also beginner-level investors can use the platform effectively. Statistically, there are around 43 million global Coinbase users, and 2.8 million of them engage in crypto exchange each month.  The platform creators have focused on ensuring top-notch usage quality for their users, and the latest focus is on Coinbase NFTs showcase. Multiple companies in industries like gaming and retail are understanding the benefits of NFTs, and Coinbase aims to centre…