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The Bitcoin price plunged 1% in the last 24 hours to trade at $93,385 as of 02:22 a.m. EST on trading volume that surged 21% to $56.7 billion. The BTC price fell to its lowest since November, dampening hopes of a “Santa Claus rally,” which has historically resulted in solid gains. This comes as MicroStrategy unveils the 21/21 plan, which aims at raising $21 billion through equity financing and another $21 billion through bond issuance over three years. According to Michael Saylor, the funds will be used to buy more Bitcoin as a way of showcasing the company’s commitment to the king of cryptos. JUST IN: MicroStrategy announces a special shareholder meeting to vote on key proposals aimed at accelerating its 21/21 Plan and aligning with its Bitcoin strategy. Proposals include: 1.Increasing Class A shares from 330 million to 10.33 billion for future capital raising.… pic.twitter.com/3OmO5fQQOA — Nyke Nakamoto (@Nyke_Nakamoto) December 23, 2024 Bitcoi...

XRP has been one of the top performers in Q4 2024, increasing its market cap rank in an impressive rally. Meanwhile, other cryptocurrencies significantly retraced in a recent market crash that liquidated billions from long positions, creating a buying opportunity. In particular, MultiversX (EGLD) is down over 42% since a local top of $58.31, currently trading at $33.63. Technical indicators suggest EGLD could be a “buy” right now, with the potential to bounce back up from support. EGLD price analysis and technical indicators The key support zone formed after EGLD broke out on November 11, following weeks of consolidation. EGLD gathered momentum, crossing the 200-day exponential moving average (1D 200-EMA), which is now hovering around $34.91. Picks for you AdEx releases AURA, an AI-driven Web3 activity analyzer ...

The cryptocurrency market has experienced notable volatility recently, with a major shakeout followed by a brief recovery. Many altcoins have seen impressive rebounds. Within this market chaos, frog-themed meme coins have been gaining attention, becoming a unique subcategory in the meme coin space. The overall market capitalization of meme coins has shown resilience, bouncing from its lows and surpassing previous cycle highs, indicating potential for further upward momentum. This article highlights five best frog-themed meme tokens that have established a unique narrative, attracting attention for their remarkable performance and growing market presence. Pepe (PEPE) Pepe coin, one of the largest and most iconic frog-themed meme tokens, continues to make waves in the crypto market. As the third-largest meme coin by market capitalization, $PEPE holds a unique position in the meme coin ecosystem. Its relatively lower market cap compared to Dogecoin and Shiba Inu makes it an appealing...

ION Mining’s cloud mining With the rapid rise of the digital economy, every new development in the field of cryptocurrency has attracted much attention. Recently, the announcement by US President-elect Donald Trump that Bitcoin would be a strategic reserve asset, similar to traditional oil reserves, has sparked widespread discussion. Although physical gold and digital gold such as Bitcoin have their own advantages, they are both seen as effective tools to combat the depreciation of national fiat currencies. However, as an emerging reserve asset, Bitcoin's valuation growth rate has far exceeded that of traditional precious metals, even breaking through the value of gold per ounce and setting a new historical high. This leap in Bitcoin has not only amazed the market, but also prompted people to re-examine the way digital assets are held and invested. At the same time, cloud mining, as a unique way to obtain cryptocurrency, has once again become the focus of investors. What is...

A widely followed crypto analyst says that one Solana (SOL)-based meme asset with a $1.89 billion market cap is going to zero against Dogecoin (DOGE). In a new strategy session, pseudonymous crypto strategist DonAlt tells his 637,200 followers on the social media platform X that even though memecoin dogwifhat (WIF) could bounce soon against DOGE, it’s ultimately going to zero against it. “Told everyone who wanted to hear that this was the ‘safest’ trade to take if you wanted to be hedged. Think that’s not the case anymore, think short-term WIF could bounce against DOGE. Generally think WIF is going to zero against DOGE though so relief would be temporary in my opinion.” Source: DonAlt/X According to DonAlt’s chart, WIF/DOGE should careen all the way down to zero dollars sometime during the second half of 2025. DOGE is trading for $0.309 at time of writing, a 10% drop in the day while WIF is valued at $1.98, a 12% dip duri...

The US dollar has sparked a major rally against a basket of currencies this week. The USD rally was primarily sparked by the Federal Reserve’s decision to cut rates by 25bps, bolstering momentum for the dollar to take charge of. This development has led USD to exude prestige over other currencies, crushing currencies like INR and Canadian dollars in the process. Also Read: Ripple: Here’s What XRP’s Immediate Price Target Is? Canadian Dollar Goes For A Toss Source: PlanetSpark The US dollar has emerged stronger on all fronts as it recently sparked a rally, defeating its global peers in the process. Per the Kobeissi Letter, the US dollar has managed to beat the Canadian dollar for the first time since March 2020, ushering in a wave of change in the recent currency dynamics. For the first time since March 2020, one USD is now worth $1.44 Canadian dollars, as currency dynamics continue to evolve with new elements setting in. “For the first time since March 2020, $1.00 US Dollar is now wort...

Amid what has been a treacherous end of the week for the cryptocurrency market, Dogecoin (DOGE) is expected to rebound from its ongoing 22% December fall. The leading meme coin has not been able to greatly benefit from the crypto bull market that set off in November. Yet, it has struggled alongside a plummeting market Thursday. A host of assets have seen a drastic dip in their overall value. Indeed, more than $1.1 billion was liquidated from the cryptocurrency market in the last 24 hours. Tokens like Ripple (XRP), Solana (SOL), and Chainlink (LINK) have seen stark corrections take place. Now, all eyes are on how they can bounce back. For Dogecoin, that is fully expected to take place rather soon. Source – Bitcoinist Also Read: Can Dogecoin (DOGE) Reach $0.90 After Bitcoin’s New Peak? Dogecoin Falls Alongside Crypto Market: When Are Experts Predicting the Comeback? At the start of November, the cryptocurrency market embraced a monumental bull rally. The outcome of the 2024 pr...

The Role of Validators in BNB Chain Validators play a crucial role in maintaining the security, efficiency, and decentralization of BNB Chain. They are responsible for validating transactions, proposing blocks, and ensuring the integrity of the network through consensus mechanisms. BNB Chain uses a Proof-of-Stake Authority (PoSA) consensus model, which combines elements of Proof-of-Stake (PoS) and Proof-of-Authority (PoA). Validators are chosen based on their stake in the network, ensuring that only trusted and invested participants are involved in the block validation process. This model enhances both scalability and security, enabling the network to handle a high volume of transactions with low latency and fees. Validators are responsible for maintaining consensus by proposing and validating blocks. Their work ensures that only legitimate transactions are added to the blockchain, preventing fraud and double-spending. In return, validators earn rewards in BNB tokens, incentivizing the...

Crypto exchange Coinbase has cited risks linked to Tron-founder Justin Sun during a lawsuit over its delisting of Wrapped Bitcoin (wBTC). In a recent complaint, the wBTC custodian and Sun-affiliated BiT Global accused Coinbase of using wBTC – the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain – as a “cash grab” before delisting it and replacing it with its own version of the asset. Said the complaint, “In the case of wrapped Bitcoin, Coinbase viewed it as just another cash grab. It saw a competitor, wBTC, that had something it wanted: an innovative product that released value inherent in Bitcoin and let users utilize that value in bold new ways… Coinbase decided it would take what it wanted. Once the value in wBTC had been demonstrated, Coinbase changed the rules, delisting wBTC from its platform so that it could no longer be traded on the Coinbase platform – and it did so shortly after launching its own knock-off clone called cbBTC.”...

The approval of altcoin exchange-traded funds (ETFs) in the United States can influence cryptocurrency prices by broadening investor access to digital assets. Bloomberg ETF analyst Eric Balchunas has suggested that altcoin ETFs for assets such as XRP, Litecoin (LTC), Hedera (HBAR), and Solana (SOL) may soon receive regulatory approval.   In a recent post on X, Balchunas noted that the first wave of altcoin ETFs might consist of funds combining Bitcoin (BTC) and Ether (ETH), with Litecoin ETFs likely to follow. In light of this, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 6 Best Cheap Cryptos to Buy Now Under 1 Dollar Jupiter (JUP) is trading at $1.01, experiencing a 5.92% drop in value over the past 24 hours. Pepe Unchained (PEPU) debuted in the crypto market on December 10th following a successful meme coin presale. XDC Network (XDC) is priced at $0.0786, reflecting a 1.91% decrease during the same timeframe...

On December 17, 2024, Igloo, the digital asset incubation studio, and the team behind the popular pudgy penguins non-fungible token collection, launched its highly anticipated native token $PENGU on Binance, one of the largest cryptocurrency exchanges. Unfortunately, the Pudgy Penguins’ NFT coin $PENGU is down more than 30% several hours after launch. In this article, we shall explore what went wrong. Pudgy Penguins NFT Coin ‘$PENGU’ Explained Data compiled by CoinMarketCap.com, an on-chain cryptocurrency market data aggregator and non-fungible token explorer, shows that the Pudgy Penguins’ NFT coin $PENGU is down over 30% from its initial all-time high. $PENGU successfully launched on the Binance crypto exchange on December 17.2024 at around 5.00 ECT and rapidly rose from $0.0003375 to $0.05063. Unfortunately, the $PENGU price began dropping several hours later, dropping from $0.05063 to $0.02976. At the time of publishing, the $PENGU price is finding suppor...