While the sharp declines in Bitcoin (BTC) and altcoins negatively affected many investors, millions of dollars evaporated in the last 24 hours. At this point, whales, known as big investors, suffered the most losses from the declines, while an Ethereum whale faced a $5 million liquidation for the third time. According to Lookonchain’s post, a … Read more
Pi Network has fallen off a cliff from its November highs as the $100 price target became highly elusive. This decline is mostly because of the ongoing altcoin retreat and the few mainnet launch delays by the developers. Based on their past statements, the Pi coin mainnet launch will likely be delayed again, which may … Read more
PRESS RELEASE. January 9th, 2025 –– Rena Labs, the startup aiming to enable the next generation of autonomous and verifiable AI solutions, has announced the successful closure of a $3.3 million pre-seed funding round led by Paper Ventures. The company attracted investment from a number of high-profile venture capital firms, among them Lightspeed Faction, Eterna … Read more
A significant whale moved over 1.6 trillion Shiba Inu coin (SHIB) tokens worth about $39 million from Crypto.com to private wallets, reigniting conversations around the much-talked-about token. Source: X Such whale activity usually signals massive price action, and when the whales enter the market, they enter it to accumulate or buy to initiate accumulation phases. … Read more
Mastercard has launched Crypto Credential solution for the people of UAE and Kazakhstan in the EEMEA region. Cumbersome and complicated blockchain addresses have finally been relegated to the crypto graveyard. Why remember blockchain addresses when you can send and receive cryptocurrencies using simple aliases? This game-changing tech, built through partnerships with exchanges like ATAIX Eurasia, … Read more
Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $582.90 million and ether ETFs seeing $159.34 million in … Read more
It has taken just over 48 hours for the primary cryptocurrency to erase all gains registered since the start of the year and dumped below $92,000. The altcoins have also been suffering a lot lately, which begs the question (again) of whether this bull market has been halted. BTCUSD. Source: TradingView Ever since the all-time … Read more
The British multinational financial giant, Standard Chartered, announced the launch of a new entity in Luxembourg to provide crypto custody services on 9 January 2025. The Luxembourg entity will enable the bank to offer secure and regulated crypto custody solutions to institutional clients across the European Union (EU). Commenting on the development, Margaret Harwood-Jones, Global … Read more
The cryptocurrency world has exploded with innovation. In addition, meme coins have emerged as one of the most thrilling categories to watch. With the market hitting new all-time highs, 2025 could be a game-changer. Among the sea of meme coins, three standout contenders are BONK, Dogwifhat, and Doge Uprising. These are stirring excitement and offering … Read more
Node operators will receive up to 15% of the 0G token’s supply over the next 3 years.