Today's Crypto and Bitcoin News
Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.
Sunday
2024/12
24h Feed12-19
12/19/2024 03:16:41
Forma Chain Halts Block Production for 7 Hours, Funds Secure
As reported by @wublockchain12, Forma chain, built on Astria and Celestia, has stopped block production for 7 hours. The last transaction was recorded at Block 7723491 at 4:07 UTC+8. Forma's official Twitter account stated that the network is currently unable to process transactions but assured that...
12/19/2024 03:00:21
HarryPotterObamaSonic10Inu (HPOS10I) Listed on KuCoin with Trading Starting December 19, 2024
As reported by The KuCoin Team, the cryptocurrency exchange KuCoin has announced the listing of HarryPotterObamaSonic10Inu (HPOS10I) on its Spot trading platform. Deposits for HPOS10I are effective immediately via the ETH-ERC20 network. Trading for the HPOS10I/USDT pair will commence at 8:00 UTC on ...
12/19/2024 02:30:28
Sahara AI Beta Testnet Attracts Over 78,000 Registrations
Based on @wublockchain12, Sahara AI has announced the launch of its first-phase data platform Beta version testnet. The event has attracted over 78,000 user registrations, with more than 10,000 users successfully gaining participation eligibility. Through the Sahara AI testnet, ordinary users can en...
12/19/2024 02:15:27
Fed's 25bps Cut Leads to 5% Bitcoin Drop Amid Market Sell-Off
In accordance with @decryptmedia, the Federal Reserve delivered an anticipated 25 basis points interest rate cut, but indicated that rates might remain elevated. This announcement led to a 5% drop in Bitcoin's value and triggered a broader market sell-off. Despite the downturn, some analysts suggest...
12/19/2024 01:45:24
Marathon Digital Acquires 1,627 BTC Worth $166 Million in 8 Hours
In accordance with @wublockchain12, Arkham monitoring has revealed that an address associated with Marathon Digital has acquired 1,627 BTC, valued at $166 million, within the past 8 hours. This brings the total holdings of the address to 16,842 BTC, worth approximately $1.69 billion.
12/19/2024 01:30:24
USV Transfers 1.156 Million UNI to Coinbase Prime, Totaling $17.34 Million
As per @wublockchain12, Union Square Ventures (USV) transferred 1.156 million UNI tokens, valued at approximately $17.34 million, to Coinbase Prime four hours ago. Since December 6, USV has cumulatively transferred 2.933 million UNI, worth around $46.11 million, to Coinbase Prime at an average price...
12/19/2024 01:16:01
Bitcoin-Euro Trading Share Rises to 10% in 2024
According to @Cointelegraph, the share of Bitcoin trading against the euro has seen a significant increase in 2024. The trading share rose from 3.6% to approximately 10%, indicating a growing interest and activity in the Bitcoin-euro trading pair. This shift highlights the evolving dynamics in the c...
12/19/2024 01:15:32
Dogecoin Holds $0.35 Support Amid Market Volatility
Derived from Cryptonews, Dogecoin (DOGE) experienced a 9% drop following a hawkish US Federal Reserve policy announcement. Despite the decline, DOGE maintains support around $0.35, a key level since mid-2021. The Fed's decision to cut interest rates by 25 basis points led to a significant market rea...
12/19/2024 00:45:30
Metaplanet to Begin Trading on OTCQX Market in U.S. on December 19
As per Cointelegraph, Japan's Metaplanet is set to commence trading on the OTCQX Market in the United States starting December 19. CEO Simon Gerovich highlighted this development as a significant step in broadening access for global investors, marking Metaplanet as Asia's first Bitcoin Treasury Comp...
12/19/2024 00:30:21
Metaplanet to Begin US Trading with 1,142.29 Bitcoin Holdings
JUST IN: Japanese public company Metaplanet is set to commence trading in the United States. The company currently holds 1,142.29 bitcoins on its balance sheet. This move marks a significant step for Metaplanet as it expands its trading operations beyond Japan. The announcement was made on December ...
12/19/2024 00:15:30
WIF Faces 11% Decline Amid Bearish Trends, Key Support at $2.19
Derived from BeInCrypto, Dogwifhat (WIF) has experienced a significant price correction, dropping approximately 11% in the last 24 hours. This follows a remarkable 1386% gain earlier in the year. The current bearish trend is highlighted by momentum indicators such as the Ichimoku Cloud and ADX, whic...
12-18
12/18/2024 22:19:18
$310 Million Liquidated in Cryptocurrency Market Within 60 Minutes
In a dramatic turn, $310 million was liquidated from the cryptocurrency market within just 60 minutes, reflecting the extreme volatility of digital assets. Such rapid movements often occur due to market over-leverage, sudden price swings, or shifts in trader sentiment, emphasizing the need for cauti...
12/18/2024 22:16:08
Exodus Stock Surges 37% on NYSE American Debut
As reported by @TheBlock__, Exodus, a well-known wallet provider, experienced a significant stock rally of 37% upon its debut on the NYSE American. This notable increase marks a successful entry into the public market for the company, reflecting investor confidence and interest in the cryptocurrency...
12/18/2024 22:00:50
El Salvador Secures $3.5B Financing After Bitcoin Policy Shift
Derived from @Cointelegraph, El Salvador has successfully secured $3.5 billion in financing from the International Monetary Fund (IMF) and other supporters. This development follows the country's decision to make the use of Bitcoin voluntary for the private sector. The agreement marks a significant ...
12/18/2024 22:00:25
Synthetix Introduces Multi-Collateral Perps on Base Network
As reported by CoinTelegraph, decentralized finance protocol Synthetix has launched multi-collateral perpetuals trading on Coinbase's Base network as of December 18. This move is part of a broader revamp following a governance shakeup in October. The new feature allows users to use various tokens, i...
12/18/2024 21:45:27
Lens by Avara Raises $31M for SocialFi L2 Blockchain Launch in 2025
In accordance with CoinTelegraph, Lens, a layer-2 blockchain developed by Avara, has successfully raised $31 million in a funding round led by Lightspeed Faction. The funds are intended to scale the network infrastructure in preparation for its mainnet launch, anticipated in early 2025 on Ethereum. ...
12/18/2024 21:30:23
Crypto Market Sees $700M Loss in 24 Hours
According to @Cointelegraph, the cryptocurrency market has experienced a significant downturn, with nearly $700 million being wiped out in the last 24 hours. This development highlights the volatile nature of the crypto market, which can be influenced by various factors including market sentiment, r...
12/18/2024 21:15:57
Circle CEO Advocates for US Stablecoins as Global Export
In accordance with The Daily Hodl, Circle CEO Jeremy Allaire has emphasized the potential of dollar-pegged digital assets as a major export product for the United States. In a CNBC Television interview, Allaire highlighted the importance of promoting 'full reserve digital dollars' to maintain the US...
12/18/2024 21:00:21
Abstract L2 Set for January 2025 Launch with Unique Features
As reported by Bankless, Abstract, an Ethereum Layer 2 scaling solution, is set to launch its mainnet in January 2025. Originally developed as Frame, an NFT-centric chain, Abstract was acquired and repurposed by Igloo Inc., the parent company of Pudgy Penguins. The platform aims to offer a consumer-...
12/18/2024 20:47:10
Bitcoin, XRP, and Dogecoin Prices Drop After Fed Rate Cut
As per @decryptmedia, the prices of Bitcoin, XRP, and Dogecoin experienced a rapid decline following the Federal Reserve's decision to cut interest rates. This development occurred on December 19, 2024, and has impacted the cryptocurrency market significantly. The rate cut by the Federal Reserve is ...