Today's Crypto and Bitcoin News
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2024/12
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12/19/2024 20:45:25
Dave Portnoy Holds $1.5M in Bitcoin, $1.3M in XRP Amid Ripple's Stablecoin Launch
Based on Benzinga, Barstool Sports founder Dave Portnoy revealed in a recent stream that he owns $1.5 million in Bitcoin and $1.3 million in XRP. This announcement follows his interview with Bitcoin advocate Michael Saylor. Portnoy expressed his strategy of holding rather than trading these cryptocu...
12/19/2024 20:00:26
Altcoins Face Significant Losses in Crypto Market Downturn
Altcoins Suffer Significant Losses Amid Market VolatilityAltcoins faced sharp losses during Thursday's cryptocurrency market downturn, as reported by CoinDesk. The decline highlighted the volatility of the altcoin sector, emphasizing the risks investors face in periods of market instability. While t...
12/19/2024 19:30:26
Boost VC Invests in PoSciDonDAO, Enhancing DeSci Initiatives
In accordance with The Daily Hodl, Boost VC has invested in PoSciDonDAO, incorporating it into their 'go-to-market program' as of December 19, 2024. This partnership aims to support PoSciDonDAO's development and adoption, reinforcing Boost VC's commitment to decentralized science (DeSci). Boost VC, ...
12/19/2024 18:46:20
Crypto Market Cap Drops 10% to $3.5T as Bitcoin Falls Below $98K
Derived from @coingecko, the total cryptocurrency market capitalization has decreased by 10%, reaching $3.5 trillion. This decline is attributed to Bitcoin's price falling below $98,000. The data reflects the current market conditions as of December 20, 2024.
12/19/2024 17:46:59
WLFI Swaps 102.9 cbBTC for 103.15 WBTC Worth $10.4M
In accordance with @CoinGapeMedia, WLFI has executed a significant swap involving 102.9 cbBTC, valued at $10.4 million, for 103.15 WBTC. This transaction marks a notable development in the Bitcoin tokenization landscape, highlighting the ongoing dynamics within the cryptocurrency market. The swap un...
12/19/2024 17:46:01
Coinbase Advanced Trading Volumes Surge 191% in 2024 Driven by Derivatives
As reported by CoinTelegraph, Coinbase Advanced, the platform for professional traders on the cryptocurrency exchange Coinbase, experienced a significant surge in trading activity in 2024. According to a report by Investing.com, trading volumes on the platform increased by 191%, with a notable 77% r...
12/19/2024 17:45:22
Altcoin Market Poised for Rally Amid Market Correction, Analysts Say
In accordance with Coinpedia, the recent Federal Reserve FOMC meeting has influenced the cryptocurrency markets, causing significant drops in many altcoins following Jerome Powell’s speech. Despite the short-term market downturn, analyst Miles Deutscher maintains a bullish long-term outlook. Bitcoin...
12/19/2024 16:45:38
Fartcoin Surges 275% in 30 Days, Outperforming Nvidia's Yearly Gains
Meme Coin Rallies, Surpassing Nvidia's Yearly GrowthFartcoin (FARTCOIN) surged 275.12% in 30 days, outperforming Nvidia’s 163.07% year-to-date stock gains, according to Finbold. The meme coin’s unique ‘gas fee’ concept, featuring flatulence sound effects, captivated investors...
12/19/2024 16:45:22
Amazon Workers Launch Largest Nationwide Strike in US History
JUST IN: Amazon workers have officially commenced a nationwide strike, marking the largest such action against the company in US history. The strike highlights ongoing labor disputes and demands for better working conditions and pay. This significant event underscores the growing tensions between Am...
12/19/2024 16:01:13
USC Football Player Matai Tagoa’i to Receive NIL Earnings in Bitcoin
JUST IN: University of Southern California football player Matai Tagoa’i will receive a portion of his Name, Image, and Likeness (NIL) earnings in Bitcoin through the payment platform Strike. This move makes Tagoa’i one of the first college athletes to adopt Bitcoin for NIL agreements, marking a sig...
12/19/2024 16:00:21
KuCoin Launches Christmas Campaign with 10,000 USDT Rewards
Citing The KuCoin Team, KuCoin Earn is celebrating Christmas with a special subscription campaign offering users the chance to win up to 10,000 USDT in rate-up coupon rewards. The campaign runs from December 19 to December 31, 2024. New users can subscribe to an exclusive USDT product with a 200% AP...
12/19/2024 15:45:46
El Salvador to Increase Bitcoin Purchases for Strategic Reserve
According to @CoinGapeMedia, El Salvador has announced its intention to continue and potentially accelerate its Bitcoin purchases as part of its strategic reserve strategy. This move reaffirms the country's commitment to integrating Bitcoin into its financial system, following its earlier adoption o...
12/19/2024 15:45:37
HRF Announces New Bitcoin Grants for Latin America, Asia, and Africa
In accordance with @BitcoinMagazine, the Human Rights Foundation (HRF) has announced its latest round of bitcoin grants. These grants are aimed at supporting key areas in Latin America, Asia, and Africa. The initiative is part of HRF's ongoing efforts to promote financial freedom and human rights th...
12/19/2024 15:30:56
El Salvador Plans to Increase Bitcoin Purchases for Strategic Reserve
JUST IN: El Salvador has announced its intention to continue purchasing Bitcoin, potentially at an accelerated rate, to bolster its strategic reserve. This decision aligns with the country's ongoing commitment to integrating Bitcoin into its financial strategy. The announcement was made on December ...
12/19/2024 15:16:01
Bitcoin Dips Below Six Figures After Powell's Announcements
As reported by Cointelegraph, Bitcoin experienced a brief dip below six figures following unexpected announcements by Federal Reserve Chair Jerome Powell. The cryptocurrency quickly rebounded, raising questions about whether this is a typical market pullback or indicative of a larger trend in the cr...
12/19/2024 15:00:42
Dune Integrates TON Blockchain for Enhanced On-Chain Analytics
Derived from NFTgators, Dune, a prominent blockchain data insights and analytics platform, has announced the integration of the TON blockchain into its ecosystem. This development follows the recent integration of the Stellar blockchain and the launch of Blockchain Pages. The integration will enable...
12/19/2024 14:47:46
Human Rights Foundation Donates 7 BTC for Global Bitcoin Projects
JUST IN: the Human Rights Foundation has donated 7 Bitcoin, valued at $706,000, to support 20 Bitcoin development projects worldwide. This initiative aims to promote 'freedom money' by funding innovative projects that leverage Bitcoin's potential. The donation underscores the foundation's commitment...
12/19/2024 14:46:57
Solana's 2024 Pattern Suggests Potential Surge Past $420 in Q1 2025
In accordance with The Coin Republic, Solana's current price action is mirroring its early 2024 performance, indicating a potential rally similar to the one observed from January to February 2024. During that period, SOL broke through a descending trendline, soaring from $40 in December 2023 to high...
12/19/2024 14:46:31
Solana Faces Key Support at $196 Amid Bearish Momentum
As reported by U.Today, Solana (SOL) is experiencing bearish momentum, trading around $210 after failing to maintain its previous highs of $280. The cryptocurrency is stuck in a descending channel, with the 50 EMA acting as a crucial resistance level. The next significant support is at the 100 EMA, ...
12/19/2024 14:45:39
Dave Stewart's SongBits Emphasizes Live Events for Web3 Music Engagement
As reported by CoinTelegraph, Dave Stewart, co-founder of SongBits and member of the Eurythmics, is leveraging live events to enhance fan engagement in the Web3 music space. SongBits, a platform integrating Web3 technologies, is set to host its first Christmas charity event in London with Big Issue,...