China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian reiterated that BRICS does not target third parties and aims to foster global economic stability and shared prosperity. Lin noted that emerging markets, including BRICS […] Source CryptoX Portal
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Bitcoin targets $120,000 fueling interest in a hidden altcoin, PropiChain, poised to yield 39,305% ROI by Q1 2025 Bitcoin has had an impressive rally, as analysts suggest that the altcoin has entered a parabolic phase. Similarly, they point to a local top for the Bitcoin price by jumping to $120,000 by the end of Q1 2025. Bitcoin…
Este artículo también está disponible en español. It’s simple to understand why Chainlink (LINK) has recently drawn attention in the cryptocurrency community. The digital asset has experienced a remarkable 40% increase in just one week. Related Reading Demand for LINK significantly increased from $16.54 on November 26 to $25.73 by December 3. As the largest price increase since January 2022, this spike indicates a new wave of investor enthusiasm and momentum. LINK price up in the last seven days. Source: Coingecko Surge Fueled By Whale Activity Whale activity is one…
The Moria Protocol has launched MUSD, the first stablecoin built on BCH Cashtokens. Bitcoin Cash Gets a Stablecoin Powered by Decentralized Borrowing The Moria Protocol has unveiled MUSD, the first stablecoin built on Bitcoin Cash (BCH) Cashtokens, marking a milestone in the evolution of the BCH ecosystem. This launch introduces a stable, asset-backed digital token, […] Original
Bitcoin price is under the spotlight as markets anticipate a potential Federal Reserve rate cut that could drive fresh momentum. Notably, the CME FedWatch Tool has indicated a 74.5% possibility of a 0.25% rate cut by the Federal Reserve at its forthcoming Dec. 18 meeting. This comes after the 50 bps rate cut in September and 25 bps last month. If it materializes, this move could lower the federal fund’s target rate to a range of 4.25% to 4.5%. Such a cut, widely perceived as a dovish signal, will likely…
Argo mined 39 BTC in November, generating $3.4 million in revenue despite a production drop from October. Bitcoin (BTC) mining firm Argo Blockchain has released its November production update, showcasing an increase in revenue despite a decline in Bitcoin mining. In a Dec. 4 press release, the firm revealed it had mined 39 BTC in November, a decrease from the 46 BTC produced in October, reflecting a drop in daily output from 1.5 BTC to 1.3 BTC. Despite producing fewer Bitcoins, the London-headquartered crypto mining firm reported $3.4 million in…
Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced another downturn in its price. Following an earlier attempt at bullish momentum last week, Ethereum has dropped by 2.4% in the past 24 hours, trading at $3,577 at the time of writing. This decline puts Ethereum at a 26.8% decrease from its all-time high of $4,878, recorded in November 2021. Despite this, the network’s daily trading volume remains quite strong, registering $42.4 billion—a significant increase from late last month when volumes dipped below…
After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting a new record high. According to data from CoinMarketCap, in the past 24 hours the combined crypto spot trading volume from Upbit, Bithumb, Coinone, Korbit and Gopax reached a volume of $34.2 billion in the 24 hours leading up to 10:30 am EST. South Korea’s trading volume surged nearly 50% after the nation’s trading volume broke its previous record with…
Bitcoin started to see increased inflows into centralized exchanges from Dec. 1, hinting at a potential selloff. According to data provided by IntoTheBlock, the Bitcoin (BTC) exchange net flows surged from a net outflow of $69 million to a net inflow of $326 million. The flagship cryptocurrency recorded a net inflow of $230 million on Dec. 3. BTC exchange net flow | Source: IntoTheBlock In total, over $562 million in Bitcoin entered CEX platforms, ITB data shows. Moreover, the asset’s large holder-to-exchange net flow ratio rose to 0.86% on Tuesday,…
Este artículo también está disponible en español. As attention shifts to altcoins, Bitcoin (BTC) has experienced a pause in the uptrend that has characterized the past month. Currently trading 3.8% below its record high of $99,540, questions are raised about the sustainability of this growth and the possibility of a correction as the year draws to a close. Investors Flock To Ethereum And XRP Chris Newhouse, director of research at Cumberland Labs, pointed out that while strong institutional buying pressure persists—particularly from companies like MicroStrategy, which continues to accumulate Bitcoin—there…