Day: December 4, 2024

Crypto.com Partners With Mastercard to Expand Digital Payments in GCC Region

Crypto.com has announced a strategic partnership with Mastercard, enabling the cryptocurrency platform to issue payment cards directly in the Gulf Cooperation Council (GCC) region, starting with Bahrain. Crypto.com Secures Principal Licence to Issue Mastercard-Powered Cards The collaboration revealed on Dec. 4, grants Crypto.com a principal licence to issue cards on Mastercard’s payment network. This move, […] Source CryptoX Portal

US Govt Moves 54 Billion Shiba Inu, But SHIB May Explode 130%

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Este artículo también está disponible en español. A wallet linked to the United States government has transferred over 54 billion Shiba Inu (SHIB) tokens to a newly created wallet. Popular blockchain analytics platform Arkham Intelligence indexed the transaction on December 3. Announcing the move on X, Arkham stated: “ALERT: US GOVERNMENT MOVING $1.5 MILLION OF SHIBA INU.” Specifically, the US government transferred 54,897,092,549 SHIB tokens to the Ethereum wallet ‘0x995’. Following the transaction, the sending wallet—associated with the US government—no longer holds any SHIB tokens. The recipient wallet, now with…

Powell says Bitcoin is a competitor for gold, not a dollar

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Bitcoin has recently become known as an investment instrument that is called “digital gold” to preserve the value of money; Powell says the same. The chairman of the Federal Reserve (The Fed), the central bank of the United States, has publicly called Bitcoin (BTC) a competitor for gold due to the aspect of preserving the value of money rather than using it as a currency. “It’s just like a gold only it’s virtual. People are not using it as form of payment or as a store of value. It’s highly…

Brett trader predicts big gains for new trending meme coin in 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Brett trader Austin Hill predicts explosive growth for Flockerz (FLOCK) as its presale attracts $4.3 million. A prominent meme coin trader with a strong conviction in Brett recently revealed his interest in Flockerz (FLOCK). The project is currently undergoing a presale, offering a fresh opportunity for investors who missed the 470% gains that Brett has provided so far. Trader with Brett as favorite meme coin says don’t miss FLOCK…

Pacioli.ai – First-Ever RegFi Protocol Goes Live on Mainnet

PRESS RELEASE. Zug, Switzerland, December 2, 2024 — Auditchain Labs AG has successfully deployed Pacioli.ai, the world’s first web3 RegFi (Regulatory Finance) protocol, to the mainnet. Designed to revolutionize regulatory reporting, Pacioli.ai integrates a DePIN (Decentralized Physical Infrastructure Network) of nodes capable of reading, understanding, and detecting inconsistencies in machine-readable reports. The deployment on Polygon, […] Source CryptoX Portal

Altcoins In The Spotlight As Bitcoin Dominance Flashes Sell Signal

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Este artículo también está disponible en español. The biggest cryptocurrency in the world, Bitcoin is losing its hold on market supremacy, therefore changing the crypto scene. Analysts believe cryptocurrencies may soon take the spotlight as their market share drops to 55.80% and a confirmed sell signal flashes for the first time since 2020. As Bitcoin’s price battles to sustain its momentum and falls below important trendline support, this sentiment picks traction. Related Reading Bearish Signals Trigger Altseason Conjecture The relative strength index (RSI) indicating Bitcoin’s dominance is trading below its…

Trump’s Pro-Crypto SEC Pick Sparks Bitcoin Rally to $99,240

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Bitcoin (BTC) reached a new intraday high of $99,240 per coin today, marking a significant milestone in the cryptocurrency market. Paul Atkins’ SEC Nomination Sends Bitcoin Soaring The bitcoin surge followed President-elect Donald Trump’s announcement of Paul Atkins, a known cryptocurrency advocate, as the next chair of the Securities and Exchange Commission (SEC). Atkins’ appointment […] Original

Dogecoin Price Continues Trading Sideways But Bullish Pennant Says Get Ready For $1.30

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Este artículo también está disponible en español. The Dogecoin price action in the past 48 hours has been highlighted by a consolidation below the $0.45 price level. Interestingly, technical analysis shows that this consolidation is part of a bullish pennant that has been in formation since early November. Particularly, Dogecoin is currently in the flag phase of the bullish pennant formation, which is known to be the consoldation phase before the next leg up. According to Crypto analyst KrissPax, this Dogecoin price movement is creating a “great springboard for the…

Binance’s BNB Price Hits Fresh Record, Breaks Out of 3-Year Range as Altcoin Rotation Accelerates

The Binance-adjacent cryptocurrency BNB, the native token of the BNB Chain, surged to new all-time high price on Wednesday, the latest large-cap crypto to notch fresh records following bitcoin (BTC), solana (SOL) and Tron’s TRX as capital rotation to altcoins marches on full steam. BNB hit a $793 session high earlier Wednesday before paring some of the gains, breaking above the $700-$720 level that posed a resistance more than three years, TradingView data shows. The token recently changed hands at $730, still up 14% over the past 24 hours and…