A memecoin bearing Hailey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%. Source: https://cointelegraph.com/news/hawk-tuah-influencer-hailey-welch-token-crash-statement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Japan’s Answer to MicroStrategy Raises $61 Million to Buy More Bitcoin
Japanese investment firm Metaplanet has announced a plan to use debt to buy more Bitcoin—mirroring the model of American firm MicroStrategy, the top corporate BTC holder—despite recent pushback from shareholders. The company said Friday that it would issue 5 billion yen ($31.9 million) in bonds to buy more of the cryptocurrency. Just on Tuesday, the company had announced another bond…
Quantum BioPharma invests $1M in BTC, cryptos for treasury diversification
The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock. Source: https://cointelegraph.com/news/quantum-biopharma-invests-btc-crypto-tokens-treasury-diversification?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hawk Tuah Crypto Project Sued Over Memecoin, Welch Responds
Interestingly, Haliey Welch was not listed as a defendant in the lawsuit and her most recent response may explain why. HAWK Memecoin Investors File Suit Disgruntled investors will finally have their day in court after buying the HAWK memecoin on December 4, only to see it implode and lose more than 90% of its value […] Source: https://news.bitcoin.com/hawk-tuah-crypto-project-sued-over-memecoin-welch-responds/
The Low-Cap Contender to Ethereum
The world of cryptocurrency is no stranger to rapid innovation, and a new player is making waves: the CYBRO token. With its explosive debut and AI-driven DeFi ecosystem, CYBRO could challenge Ethereum’s (ETH) dominance in decentralized finance (DeFi) and beyond. Let’s dive into why this low-cap token is drawing attention from investors and blockchain enthusiasts alike. CYBRO’s Meteoric Rise: Post-Listing…
How Deep Will Bitcoin Dive?
The crypto market is facing a significant downturn, shedding 4.4% in value to $3.36 trillion in the past 24 hours. This marks an 11% drop from its all-time high of $3.79 trillion just days ago. As cryptocurrencies continue their decline, investors are left wondering how deep the dive will go and what factors are driving this volatility. Bitcoin Below $100K:…
5 Privacy Coins Face Delisting on Gate.io Exchange
Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By […] Source: https://news.bitcoin.com/5-privacy-coins-face-delisting-on-gate-io-exchange/
Alchemy Pay Becomes Ramp Provider Registered under Visa’s Ramp Provider Program
SINGAPORE, Dec. 19, 2024 /PRNewswire/ — Alchemy Pay, the world-leading fiat-payment gateway, has achieved a significant milestone successfully registering under Visa’s new Ramp Provider Program. This registration, made possible through it’s previously announced partnership with Worldpay, one of the world’s leading payments technology companies, marks a new chapter in Alchemy Pay’s mission to bridge the gap between traditional finance and the…
Meme Coin Prices Slide as Traders Hedge into FLOCK, STARS ICOs
Meme coins are taking a beating, with the market turning red as traders rush to cash out. But even in the midst of the selloff, two new projects are grabbing attention. Flockerz (FLOCK) and Crypto All-Stars (STARS), both in their ICO phase, offer a clear contrast to the declining fortunes of established meme coins. Meme […] Source: https://news.bitcoin.com/meme-coin-prices-slide-as-traders-hedge-into-flock-stars-icos/
Bitcoin dips to $92K in 'optimal dip-buying' move as PCE boosts crypto
BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out. Source: https://cointelegraph.com/news/bitcoin-dips-92k-optimal-dip-buying-pce-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound