Ethereum-based meme coin MOG rose more than 20% in the hour after American crypto exchange Coinbase announced its plans Tuesday to list the token for trading. MOG is now trading at $0.00000243, placing it just below a $1 billion market cap and inside the top 150 tokens by market capitalization according to data from CoinGecko. Described as a meme coin…
Month: December 2024
Growing World of XRP Meme Coins Could Shape the Next Crypto Trend
The XRP Ledger has become a hotbed for meme coin activity with thousands of tokens emerging, driven by XRP’s recent price surge. Meme Coins Are Flying on XRP The XRP ecosystem is currently witnessing a surge in meme coin activity, catalyzed by a significant rally in XRP’s price. XRP recently rose to become the third-largest […] Source: https://news.bitcoin.com/growing-world-of-xrp-meme-coins-could-shape-the-next-crypto-trend/
Bitcoin Miner Hive Digital Reveals $60 Million Paraguay Expansion Push
Canadian Bitcoin mining giant Hive Digital is betting big on Paraguay. The public firm—which trades on both the Toronto stock exchange and Nasdaq—announced Tuesday it bought 13,480 units of new mining machines to expand its operations in the South American country. Priced at over $60 million, the deal will help it secure 2% of the global Bitcoin network. The machines—Bitmain…
XRP, Bitcoin and Dogecoin Volatility Drive Crypto Liquidations to $588 Million
XRP’s jump to a seven-year high price of $2.82 early Tuesday, and the subsequent correction to nearly $2.40, has propelled the Ripple-linked asset to the top of the crypto liquidations chart over the past 24 hours. Liquidations of long and short positions tied to XRP totaled more than $90 million over the past day, per data from CoinGlass, becoming the…
Virgin Voyages launches ‘first cruise product to accept Bitcoin’
The new offering builds on previous seasonal passes offering a full year’s worth of voyages for a single fee. Source: https://cointelegraph.com/news/virgin-voyages-launches-annual-pass-cruise-accepts-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP Ledger Just Became Much Cheaper to Use Following Coin’s 400% Price Spike
Account activation on the XRP Ledger now only requires 1 XRP, valued at around $2.50, to meet the blockchain’s reserve requirement—a feature designed to limit excessive growth of the network by setting a minimum amount of XRP an account must hold. The reserve fee structure was changed late Monday when validators approved new reserve fees on the XRP Ledger, dropping…
Cardano price gains 88% — Is the ADA rally just getting started?
Cardano’s record high open interest metric raises concerns about a sharp sell-off, but strong market demand suggests the ADA rally could continue. Source: https://cointelegraph.com/news/cardano-price-gains-88-is-the-ada-rally-just-getting-started?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kalshi gives Paul Atkins 93% odds to be Trump’s SEC Chair despite mixed reports
At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair. Source: https://cointelegraph.com/news/paul-atkins-donald-trump-sec-chair-odds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Whale Awakens: $257M in Dormant Bitcoin Moves After 11-Year Hiatus
On Tuesday, with bitcoin hovering slightly above $95,000, a long-dormant wallet from 2013 stirred to life, transferring 2,700 BTC—an amount now valued at $257 million—after nearly 11 years of inactivity. Dormant Whale Stirs – 2,700 Bitcoin Moved The whale in question shifted a fortune of 2,700 bitcoins that had been untouched since December 2013. Originally […] Source: https://news.bitcoin.com/whale-awakens-257m-in-dormant-bitcoin-moves-after-11-year-hiatus/
Trump admin unlikely to change Tornado Cash approach, Coinbase warns law firms: Law Decoded
The US Treasury, under a Trump administration, may bring reform to how courts handle crypto mixer-related incidents, following OFAC’s overreach in the Tornado Cash sentencing. Source: https://cointelegraph.com/news/trump-admin-unlikely-change-tornado-cash-approach-coinbase-law-firms-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound