Day: December 28, 2024

BONK price falls over 7% after burning 1.69 trillion tokens-what’s going on?

Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK’s entire supply, amounting to 1.69 trillion tokens worth over $51 million was burned as part of the dog-themed meme coin’s community holiday token burning event dubbed the “BURNmas.” Based on community participation in Burnmas, the amended vote has passed and 1.69 Trillion $BONK has been burnt from the @bonk_dao multisig The Total Supply of $BONK is now down to 91 Trillion Tokens from it’s original 100…

Bullish signals for Litecoin and XRP, Lunex token targets massive 2025 surge

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. LTC and XRP show strong bullish momentum, while Lunex Network captures attention with smart DeFi features and a promising presale. LTC and XRP are striving to establish themselves as two of the most promising bullish crypto tokens in the market, garnering attention with impressive gains. Meanwhile, the new Lunex Network is set for exponential growth, attracting investors with its innovative DeFi features and ambitious public presale, which aims for…

Bitcoin ‘Head and Shoulders’ Setup Raises Fears Of $80,000 Price Drop

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Este artículo también está disponible en español. Although Bitcoin (BTC) remains range-bound – trading between the $90,000 and $100,000 price levels – some crypto analysts predict that a price correction may be on the horizon due to a bearish ‘head and shoulders’ pattern forming on the daily chart. Bitcoin To Drop To $80,000? Seasoned analyst and trader Aksel Kibar took to X to share his thoughts on the recent BTC price action. In his post, the chartered market technician highlighted a potential head and shoulders pattern forming on the daily…

Solana Degens Fund Rare Tumor Research With Memecoin

A distraught father whose daughter has a rare brain tumor was pleasantly surprised by a multimillion-dollar memecoin gift on Christmas day after starting a campaign to raise money for research into a cure for the disease. Multimillion-Dollar Memecoin Christmas Gift Will Fund Clinical Trials Siqi Chen, co-founder of finance platform Runway, wakes up every day […] Source CryptoX Portal

Is The Tide Turning For Bitcoin? Recent Reserves And Netflows Indicate Market Reversal

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Este artículo también está disponible en español. Analysts from the market intelligence company CryptoQuant note that current patterns in Bitcoin (BTC) metrics indicate possible changes in market dynamics. Bitcoin Price Faces Short-Term Volatility  After a period of steady decline, spot exchange reserves have experienced a notable uptick, reflecting an inflow of 20,000 BTC. This increase suggests that more Bitcoin is being deposited into exchanges, which often indicates an intention to trade or sell.  This type of behavior may add further selling pressure to the Bitcoin price, which has declined almost…

Ethereum On The Cusp Of Major Breakout In Q1 2025, Altcoins Expected To Follow Suit

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Este artículo también está disponible en español. As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape.  Currently trading at $3,321, ETH’s resilience has been notable, especially amidst a broader market correction led by Bitcoin (BTC). This recent downturn has tested ETH’s critical support level at $3,290, effectively preventing a decline toward the psychologically significant $3,000 barrier. Could Ethereum Reach $14,000 By March 2025? Crypto expert Crypto Rover has made headlines with his bold prediction that…

Are Traders Preparing For A Major Market Shift?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Michael Saylor Shares Top 60 Bitcoin-Holding Companies—Who’s Quietly Stockpiling BTC?

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Corporations are fueling the bitcoin boom, with top 60 public companies amassing 591,368 BTC—Microstrategy dominating the list with an unrivaled 444,262 bitcoins. Top 60 Bitcoin-Holding Corporations—The Hidden Titans Fueling the BTC Boom Microstrategy’s executive chairman, Michael Saylor, shared a detailed list on social media platform X on Friday, revealing the top 60 publicly traded companies […] Original

Will XRP price surge in 2025 if the SEC approves Ripple ETF?

XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise.  Ripple (XRP) price was trading at $2.2 after falling 25% from its highest point this year, meaning it remains in a bear market. One of the biggest XRP catalysts is the rising optimism that the SEC will approve a spot Ripple ETF in 2025. Companies like Bitwise, Canary Capital, 21Shares, and WisdomTree have already submitted their XRP ETF proposals.  There are rising odds that other companies…

StepN’s GMT price surges: Will these gains hold?

StepN’s Green Metaverse Token formed a God candle on Friday, making it one of the best-performing cryptocurrencies.  StepN (GMT) price surged by 50%, reaching an intraday high of $0.2275, its highest level since December 9. This rebound happened as Bitcoin and other altcoins like Virtuals Protocol, Fartcoin, Hyperliquid, and Raydium soared by double-digits.  There was no immediate news that pushed the coin’s price higher. A likely reason for the surge is that the number of StepN’s users rose to 97, its highest level since Dec. 30. These users remain significantly…