The crypto economy experienced a dramatic $1.5 billion in long liquidations, resulting in a 3,000-point drop before finding support at the critical 95,000 level, according to analysts at QCP Capital. Institutional Demand Rises: QCP Questions If Market Can Stay on the Sidelines The leading cryptocurrency, bitcoin (BTC), has since recovered, consolidating in the 97,000 to […] Source: https://news.bitcoin.com/bitcoin-plunges-3000-points-recovers-to-98k-qcp-predicts-stability-ahead/
Month: December 2024
Judge cancels ex-Celsius exec sentencing after Alex Mashinsky plea deal
Former Celsius chief revenue officer Roni Cohen-Pavon pleaded guilty to US criminal charges in 2023 and has been allowed to stay in Israel on bail. Source: https://cointelegraph.com/news/celsius-exec-sentencing-hearing-roni-cohen-pavon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto.com taps Deutsche Bank for Asia-Pacific markets
The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months. Source: https://cointelegraph.com/news/crypto-com-deutsche-bank-asia-pacific-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin finds willing dip-buyers after BTC price wicks to key $94K low
BTC price weakness spoils a rebound from local lows as Bitcoin institutions waste no time continuing to increase exposure. Source: https://cointelegraph.com/news/bitcoin-finds-dip-buyers-after-btc-price-wicks-94k-low?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Predict the Future’ with MYRIAD and Pudgy Penguins
‘Predict the Future’ with MYRIAD and Pudgy Penguins Decrypt and Rug Radio’s on-chain prediction market MYRIAD has teamed up with Pudgy Penguins for its first Community Contest! Find out how to take part and win prizes including Lil’ Pudgys NFTs at myriad.markets. Source: https://decrypt.co/videos/explainers/dtABJeex/predict-the-future-with-myriad-and-pudgy-penguins
KuCoin Lists Ponchiqs (PONCH): Enriching Blockchain Entertainment with Meta-Universe
VICTORIA, Seychelles, Dec. 10, 2024 /PRNewswire/ — KuCoin, a leading global crypto exchange, is thrilled to announce the listing of Ponchiqs (PONCH) on its Spot trading platform. This marks another significant step in connecting users to innovative blockchain projects shaping the future of entertainment and gaming. Ponchiqs Studio is revolutionizing blockchain-based entertainment by creating a unique ecosystem around its Ponchiqs…
Fashion Label 9dcc’s ‘Black Box’ Offers Mystery Apparel—And a CryptoPunk Prize
9dcc, the on-chain fashion label founded by pseudonymous crypto personality and investor gmoney, is preparing to release its latest project, the 9dcc Black Box, on December 18. The drop, limited to 2,750 NFTs minted on Ethereum layer-2 network Base, is being billed by the crypto-native luxury brand as a blend of fashion, blockchain technology, and mystery. Each 9dcc Black Box…
Hyperbolic Secures $12M to Advance Decentralized AI Infrastructure
Hyperbolic, a startup focused on decentralized AI computing and inference services, announced on Tuesday it raised $12 million in a Series A funding round led by Variant and Polychain Capital. The round drew participation from a wide array of investors, including Lightspeed Faction, Bankless Ventures, and Wintermute Ventures. Angel investors included Sreeram Kannan of EigenLayer and Alex Atallah of OpenRouter.…
Wall Street Pepe Token Presale Hits $3.5M – Is WEPE the Next Meme Coin Breakout?
Wall Street Pepe (WEPE) has raised over $3.5 million in the first week of its token presale event. This new project mixes the famous Pepe meme with a Wall Street theme – and traders are piling in early while WEPE tokens are available at a discount. Frog Tokens Popularity Rises as Wall Street Pepe Enters […] Source: https://news.bitcoin.com/wall-street-pepe-token-presale-hits-3-5m-is-wepe-the-next-meme-coin-breakout/
How to pick a crypto gaming token winner this bull run: Web3 Gamer
There’s a simple rule of thumb to picking crypto gaming tokens with a shot at longevity, plus how to become a gaming influencer or coach! Source: https://cointelegraph.com/magazine/crypto-gaming-tokens-memecoins-gamer-coaches-parallel-web3-gamer/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound