Altcoins are leading the charge today as total crypto capitalization peaks at $3.68 trillion while Bitcoin remains range-bound. The top-performing digital asset over the past 24 hours is Tron (TRX), which has skyrocketed a monumental 70% to hit an all-time high of $0.431 during early trading on Wednesday in Asia. This has pushed TRX’s market […]
[PRESS RELEASE – Birkirkara, Malta, December 4th, 2024] The memecoin sector, long driven by viral narratives and speculative trading, is witnessing a shift as established tokens such as Popcat (POPCAT) and Dogewifhat (WIF) experience growth. In this shifting landscape, a new entrant, Pandana (PNDN), has completed a presale round of $600,000, distinguishing itself with its […]
RTFKT, the creators of non-fungible token (NFT) sneakers and avatars acquired by Nike in 2021, has announced its closure. The firm revealed in a December 2 post on X that it will wind down operations by January 2025. Final Collection and Legacy Tribute “Today, we’re announcing the plan to wind down RTFKT operations,” the post […]
Retail cryptocurrency trading in South Korea has reached new heights, surpassing the country’s stock market by $4 billion in just 24 hours. The increase was driven by major trading activity in several altcoins, including Ripple’s XRP, Dogecoin (DOGE), Stellar (XLM), Ethereum Name Service (ENS), and Hedera (HBAR). South Korea’s Retail Crypto Trading Hits $18 Billion […]
[PRESS RELEASE – Denver, USA, December 2nd, 2024] Dai Lo is thrilled to announce the successful acquisition of Fractal, which marks a pivotal moment for the future of blockchain technology and privacy innovation. After months of strategic discussions, the acquisition, completed for an undisclosed amount, positions The Dai Lo to harness Fractal’s groundbreaking ZK technology and revitalize […]
Bitcoin experienced outflows of $457 million in the past week, marking the first significant withdrawals since early September. CoinShares interpreted this figure as profit-taking after BTC tested the key psychological level of $100k. Short-Bitcoin products saw a modest inflow of $0.5 million during the past week. On the other hand, altcoins mostly attracted inflows, including […]
[PRESS RELEASE – IFZA Freezone, Dubai, UAE, December 2nd, 2024] The resurgence of NFTs continues as Illuvium, a leader in blockchain-based gaming, announces its collaboration with the iconic G-SHOCK brand. Following the US election, the crypto market has experienced renewed momentum, with a notable rise in NFT transactions and an increase in the overall NFT […]
Japanese cryptocurrency exchange DMM Bitcoin will cease operations by March 2025 following a hack that resulted in losses exceeding $300 million. This decision follows months of recovery efforts that ultimately failed to restore the platform’s viability. DMM Bitcoin to Transfer All Assets to SBI VC Trade According to a report from Nikkei Asia, the exchange […]
Chainlink prices have exploded by over 36% to an almost two-year high, topping $26 during late trading on Dec. 2. LINK has more than doubled in price over the past month, climbing from below $11 in early November to today’s peak, which is the highest it has been since January 2022. Most of those gains […]
Crypto market capitalization has hit a peak above $3.6 trillion over the weekend as altcoins outperformed their big brother Bitcoin. This week’s economic data is primarily focused on employment and jobs, but there are also some manufacturing PMI reports in the mix. This will be the last week of labor market data before the Dec. […]