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Showing posts from December, 2024

AI Predicts Dogecoin Price for January 1, 2025

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The meme coin community will have to wait longer to witness Dogecoin (DOGE) reach the coveted $1 mark. Throughout the past 12 months, the DOGE community has been rooting for the asset to hit this milestone. While the several rallies that occurred this year gave the community hope, DOGE could only reach a maximum price of $0.4835. Despite this, the market is expecting the OG meme coin to kickstart 2025 on a good note. Also Read: Bitcoin: AI Sets BTC Price For Jan 1, 2025 Dogecoin Struggles On The Final Day of 2024 Source: CoinMarketCap At press time, Dogecoin was trading at $0.3209. This marks a major drop from its recent peak. The asset has been trading well below the $0.40 zone for several days now. This dip comes during a time when Elon Musk was seen indirectly supporting a rival meme coin instead of DOGE. Source: X The man behind Tesla and DOGE has been making headlines after changing his avatar to the one linked to the Pepe the Frog meme. This further prompted a group of anonymous ...

Crypto trader turns $4.3k into $970,000 in a few hours

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As the cryptocurrency industry matures and institutional adoption increases, digital assets, although still volatile, and slowly moving toward being more akin to traditional, buy-and-hold investments. One subsection of the industry, however, is still prone to incredible amounts of volatility, which can see relatively small investments turn into fortunes overnight — or even in the span of a couple of hours. The subsection in question is, to little surprise, meme coins. In one such instance, a savvy trader loaded up on millions of Kekius Maximus (KM), purchased for just a little over $4,000. Quite soon, the trade paid off — in a big and unexpected way. Picks for you Trader turns $55k into $1M as Elon Musk changes account name to Kekius Maximus 52 mins ago ...

FEG token holders in despair after third hack causes 99% dump

A suspected exploit of the Feed Every Gorilla (FEG) token’s “SmartBridge” left holders down 99% on Sunday, after the hacker sold off the proceeds into existing liquidity. In what must feel like a depressingly familiar series of events, this attack is the third to hit the project following two separate incidents in 2022. Looks like @FEGtoken has been hacked. Price has dropped by 99%. As I can see, exploiter's profit is at least: 712 $BNB on BSC 73 $ETH on Base 96 $ETH on Ethereum Funds have been transfered to #TornadoCash. Total profit is over 1,070,000$. Protocol paused by team 🫣 pic.twitter.com/gGEHBurtif — Docryt (@0xDocryt) December 29, 2024 Read more: Are North Korean hackers liquidated on HyperLiquid planning something? The project’s response to the “Irregular Transactions” acknowledged its users’ frustration , which were shared by the team. It initially suspected “a vulnerability in the wormhole bridge, which had previously undergone...

EU’s MiCA regulation takes full effect today; Here’s what you need to know

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Today, December 30, 2024, the Markets in Crypto-Assets (MiCA) Regulation has now fully come into force in the European Union (EU), marking a key moment for the cryptocurrency industry. According to the regulators, the MiCa aims to standardize the regulation of crypto-assets, bolster consumer protections, and ensure financial stability within the EU’s burgeoning crypto market. However, the controversy looms over this set of rules and some experts believe it would have an overall negative effect. Happy MiCA Regulation Day!! More innovation blocking regulations for Europe. It's a real invasion of privacy. Keep in mind that they're now planning to track every transaction and wallet you use. But not every exchange is compliant yet, they have a year to do so. And even… — Crypto Tips (@cryptotipsreal) December 30, 2024 In this context, Finbold looked into the official documentation, asked artificial intelligence (AI) models for a summary and consulted t...

Top Crypto Gainers Today Dec 29 – Theta Network, Jito, Dash, Holo

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The crypto market today is experiencing a mixed sentiment, with the Fear & Greed Index showing a reading of 73 (Greed), reflecting a positive outlook despite the volatility. Currently, 18% of cryptocurrencies have seen an uptick in value over the last 24 hours, while 82% have experienced losses. Notably, Bitget Token stands out as today’s biggest loser, with a sharp decline of -14.97%. However, amidst this fluctuating market, specific tokens are defying the trend and gaining impressive momentum. In this article, we highlight the top crypto gainers for today, each showing significant upward movement and attracting investor attention.   Biggest Crypto Gainers Today – Top List Among the top gainers, Theta Network is leading the charge, maintaining a strong position as a dual-network platform that bridges video, AI, and blockchain. Its impressive 8.90% surge highlights its growing dominance in the decentralized infrastructure space. Similarly, Jito has emerged as a ke...

Why Bitcoin correcting by 30% ‘is the most bullish thing’ for BTC price

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Bitcoin’s (BTC) price remains highly volatile, with an analyst suggesting that a well-defined further drop could eventually be bullish for the digital currency.  Notably, in recent trading sessions, Bitcoin has struggled to reclaim the critical $100,000 resistance level, which remains a pivotal threshold for reaching new highs. Now, prominent cryptocurrency trading analyst Ali Martinez has highlighted that, based on historical trends, a Bitcoin correction of 20% to 30% could be “the most bullish thing” for the asset, as shared in an X post on December 27.  Picks for you Expert predicts when recession will hit in 2025 2 hours ago Robert Kiyosaki accuses BlackRock of 'suppressing Bitcoin price' 5 ho...

Best Cryptocurrencies to Buy Now With Explosive Potential in 2025 – $SOL, $WEPE, $BEST, $PEPE

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The crypto market recently experienced a significant correction, resetting much of the progress made in December and returning to late November levels. While this sharp downturn may seem alarming, it could present opportunities for long-term investors. Market dynamics suggest that large institutions and “smart money” often capitalize on these moments, accumulating assets at reduced prices. This shakeout was likely overdue, as the market had been hovering in an unsustainable zone of extreme greed for an extended period. Corrections like these allow for profit-taking, clearing the way for future growth. This article highlights several investment opportunities that stand out amid the market reset. Solana (SOL) Solana, which recently saw its price peak at over $250, has experienced a significant 30% drop, now trading at around $188. This correction presents an opportunity for those who may have previously rushed to buy at higher prices. Consequently, $SOL is likely to conso...

Cardano adds nearly 100,000 smart contracts in 2024

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Cardano (ADA) has delivered a standout performance in 2024, solidifying its position as one of the most technically sophisticated and developer-friendly blockchain ecosystems. Central to its growth has been the dramatic expansion of its Plutus-based smart contract ecosystem, a critical infrastructure that has evolved significantly since its introduction. At the heart of this transformation lies Plutus V2, which has seen unparalleled adoption over the year. On January 1, Cardano hosted 8,083 Plutus V2 scripts, but by December 27, that number had soared to 104,606—an increase of 96,523 contracts.  Interestingly, Plutus V1 scripts, though overshadowed by V2, continue to play a vital role in Cardano’s smart contract landscape. The year began with 6,296 V1 scripts, which grew steadily to 6,869 by late December, adding 573 new contracts.  Picks for you ...

Russia Uses Bitcoin to Avoid Sanctions, Finance Minister Says

Russia has begun using Bitcoin to avoid Western sanctions, according to the country’s Finance Minister Anton Siluanov. In a TV interview this week, the FM confirmed the country is now using cryptocurrency to make and receive international payments, thanks to a new law. JUST IN: Russia says it's using bitcoin to evade sanctions. pic.twitter.com/y8zLFJmbEr — Watcher.Guru (@WatcherGuru) December 26, 2024 The Kremlin last month created an experimental legal framework for cryptocurrency miners. It included a provision whereby approved entities can use crypto for international trade. Russia is one of several countries in BRICS that are embracing crypto, especially Bitcoin. Russia in particular has embraced the new digital ruble, and now has Bitcoin as a new alternative to fiat currency. Additionally, the new Bitcoin law is a benefit for Russian energy companies. Now, the companies can sell to a power-hungry group of domestic bitcoin miners, in an industry that continues to grow. While...

Ripple Year End Price Prediction: Is XRP Claiming A New High Soon?

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2024 has been a significant year for Ripple (XRP). The year was a mix of many things, including XRP’s historic win against the US SEC. This development took XRP to new highs, adding credible momentum to its already unique pace and price path. Will XRP be able to continue this momentum further ahead? Let’s find out. Also Read: Shiba Inu Year End Prediction: Will SHIB Hit $0.00003 By End Of 2024? Ripple: A Year Full Of Stellar Growth Source – Techpoint Africa XRP has had an eventful 2024 primarily due to many reasons. Firstly, the token was finally able to free itself from the shackles of the US SEC, claiming a historic win against the legal spat that was initiated by the entity. In addition to this, XRP managed to scale past $2 in recent times, showing investors its mettle and strength in the long run. Furthermore, the launch of the RLUSD stablecoin also added incredible strength to the token’s momentum, giving the ecosystem an overall boost. Now with the new year approaching...