Why is the crypto market up today?
The crypto market is up today amid increasing optimism of a crypto-friendly regulatory environment ahead of US President-elect Donald Trump’s inauguration.
The crypto market is up today amid increasing optimism of a crypto-friendly regulatory environment ahead of US President-elect Donald Trump’s inauguration.
Abu Dhabi-listed Phoenix Group deepens its U.S. footprint with the opening of a 50 MW crypto mining site in North Dakota. Phoenix Group has opened a 50 MW crypto mining facility in North Dakota, as the Abu Dhabi-based firm doubles down on its plan to expand Bitcoin (BTC) mining operations in the U.S., per an … Read more
Jeju Island plans to launch NFT-based tourism cards in 2025, offering travel benefits and attraction discounts. The NFT tourism cards will integrate with Jeju’s Tamna Jeon stablecoin to enhance visitors’ experiences. Jeju Island, South Korea’s most popular tourist destination, is taking a huge step forward by adopting blockchain technology to boost its tourism sector. Based … Read more
Brad Garlinghouse, the CEO of Ripple, announced a significant shift in the company’s hiring strategy, revealing that 75% of its new job openings are based in the United States. This development is linked to the re-election of Donald Trump, as Garlinghouse stated, “The ‘Trump effect’ is breathing new life into the cryptocurrency sector.” How Is … Read more
As Bitcoin (BTC) price rebounded above $99.5k on Monday, January 6, during the early European session, MAGA (TRUMP), a memecoin project inspired by U.S President-elect Donald Trump, rallied over 42 percent in the past 24 hours to trade about $3.58 at the time of this writing. As a result, the small-cap altcoin, with a fully … Read more
Whales have taken long positions on WLD, DOGS, COTI, ARKM, ALICE, and DOT. WLD and DOT have shot up 26.25% and 88% in the last 90 days. Crypto Altcoin Season Index is valued at 55, in favor of altcoins. Altcoin whale activity is on the rise as whales increase their long positions in assets: Worldcoin … Read more
Solana was one of the networks that experienced explosive growth in 2024, both in technical and economic aspects. In December, Solana registered $304 million in inflows from other blockchains, only bested by Base and Hyperliquid. On the technical front, Solana passed its first block increase, which, although symbolic, signaled the willingness to make the changes … Read more
The announcement from Bithumb, a prominent cryptocurrency exchange in South Korea, has sparked a notable 12% surge in the price of Filecoin (FIL). This increase reflects a rising interest among traders and a boost in market activity, as evidenced by a more than 20% rise in trading volume for Filecoin futures. Despite this positive momentum, … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FX Guys presale sets a new success standard, outshining Dogecoin and Shiba Inu with high-yield staking, Trade2Earn, and smart solutions. As the cryptocurrency market matures, projects like Dogecoin and Shiba Inu, known primarily for … Read more
Filecoin price has surged 12%, reflecting growing market enthusiasm following a major listing announcement by South Korea’s top exchange, Bithumb. The sudden spike highlights increasing demand for the asset amid heightened investor interest. In addition to the price jump, Filecoin’s futures open interest surged by more than 20%. As Filecoin gains traction in the competitive … Read more