XRP whales and retail investors have accumulated more than $1.6 billion in tokens over the past month, leading one analyst to predict a new all-time high above $6 in 2025. Source: https://cointelegraph.com/news/xrp-has-fomo-target-at-6-60-by-2025-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Staking may come soon for US Ether ETFs: Bernstein
The research firm considers ETH an attractive investment opportunity, citing rising investor interest relative to Bitcoin. Source: https://cointelegraph.com/news/us-ether-etfs-staking-may-be-imminent-bernstein?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved. Source: https://cointelegraph.com/news/us-government-silk-road-bitcoin-coinbase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MOODENG Mania: Meme Token Surges Toward Record Prices Amid Coinbase Listing Buzz
The meme token moo deng (MOODENG), themed around a charming baby pygmy hippopotamus from Thailand’s Khao Kheow Open Zoo, kicked off the week with an impressive 46.9% gain on Monday. As of this writing, the token is trading at $0.537 per unit, inching closer to its highest recorded price. Baby Hippo-Inspired MOODENG Charges Ahead, Climbing […] Source: https://news.bitcoin.com/moodeng-mania-meme-token-surges-toward-record-prices-amid-coinbase-listing-buzz/
PowerDime launching tokenized renewable energy platform with Chintai
According to data from Market.US, the virtual power purchase agreement market was valued at roughly $16.7 billion in 2023. Source: https://cointelegraph.com/news/power-dime-tokenize-250-m-renewable-energy-assets-chintai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple CLO Calls to Isolate Anti Crypto Attorneys From the Digital Asset Ecosystem
Stuart Alderoty, chief legal officer (CLO) of Ripple, has made a petition to the cryptocurrency industry to avoid providing jobs for attorneys involved in anti-crypto initiatives. On social media, Alderoty stated: “As crypto enters its renaissance, please don’t hire any lawyer who was involved in suing any crypto company or project, or those who cheered […] Source: https://news.bitcoin.com/ripple-clo-calls-to-isolate-anti-crypto-attorneys-from-the-digital-asset-ecosystem/
Price analysis 12/2: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX
Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins? Source: https://cointelegraph.com/news/price-analysis-12-2-spx-dxy-btc-eth-xrp-sol-bnb-doge-ada-avax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DWF Labs shifts base to Abu Dhabi to strengthen Middle East presence
DWF Labs is already a resident of Dubai’s Dubai Multi Commodities Centre. It wouldn’t be the first crypto firm to have a presence in both emirates, however. Source: https://cointelegraph.com/news/dwf-labs-headquarters-move-abu-dhabi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum funds see record net inflows of $2.2B in 2024
Investor sentiment has recently shifted away from Bitcoin and toward Ethereum, based on fund flow data from CoinShares. Source: https://cointelegraph.com/news/ethereum-funds-record-net-inflows-2024-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Government Moves Nearly $2 Billion in Silk Road Bitcoin to Coinbase
The feds on Monday moved nearly $2 billion of seized Bitcoin from shuttered dark web marketplace Silk Road to Coinbase, blockchain data shows. Arkham Intelligence flagged the transactions by the United States government. It said that the Bitcoin was from the Silk Road marketplace, and was ultimately moved to America’s biggest digital asset exchange after a brief stop at another…