[ad_1] Este artículo también está disponible en español. A significant Shiba Inu (SHIB) transfer has caught the attention of traders today, December 19, as an early and highly profitable SHIB whale moved nearly 400 billion tokens. On-chain analysis service Spot On Chain (@spotonchain) highlighted that this well-known early buyer deposited 399.99B SHIB (worth $9.69 million) to Gemini, building on a history of substantial gains after initially acquiring 15.2 trillion SHIB in August 2020 for a mere 10 ETH. Spot On Chain wrote via X: “This early $SHIB whale with a $108M profit just further deposited 399.99B $SHIB ($9.69M) to Gemini…
Author: dfrancis36
[ad_1] As a condition of a new IMF loan package, President Bukele of El Salvador has had to concede three aspects of the Bitcoin Law passed in 2021:A legal tender mandate requiring businesses to accept BitcoinShutting down Chivo, the state run wallet and on/off ramp serviceNo longer accepting tax payments in bitcoinUltimately everything except the last one is a positive change. Legal tender laws are ultimately coercive, and in my opinion shouldn’t exist. Chivo was a buggy mess, and alternatives exist such as Blink. The only negative (arguably), is the state no longer accepting bitcoin for tax payments. People are…
[ad_1] Dogecoin is approaching a critical juncture as it hovers near the $0.3563 mark, with the Relative Strength Index (RSI), signaling oversold conditions. This suggests that the recent sell-off may have pushed the asset into undervalued territory, raising the possibility of a rebound. However, whether the bulls can seize this opportunity to drive a recovery remains uncertain. With the market showing signs of fatigue, $0.3563 emerges as a pivotal level to watch. How the price reacts in the coming sessions could set the tone for Dogecoin’s next significant move. Understanding Current Price Action And The Overbought RSI Signal Current price…
[ad_1] Binance’s US arm announced plans to carry on US dollar services next, according to a statement by the firm’s interim CEO Norman Reed. The company was forced to halt direct US dollar withdrawals last year in a step that resulted from a series of regulatory actions by the US Securities and Exchange Commission (SEC).Binance.US was embroiled in legal disputes with the SEC, including state-level regulatory challenges, which led to operational setbacks. But now, the company is optimistic about forging a road to recovery in 2025.SEC LawsuitAdditionally, Binance.US aims to enhance its platform’s value by maintaining low fees, offering zero-fee…
[ad_1] On Wednesday, BlackRock, the world’s largest asset manager, successfully acquired municipal debt through a transaction that exclusively utilizes blockchain technology. According to a Bloomberg report, this marks the first instance of municipal bonds being purchased, settled, and held entirely on a blockchain platform. BlackRock’s Historic Bond Deal Per the report, the bonds were issued earlier this year by the city of Quincy, Massachusetts, and were underwritten by JPMorgan Chase & Co. The transaction was facilitated through an application on JPMorgan’s private, permissioned blockchain platform, known as Digital Debt Service. Interestingly, this approach not only streamlines the bond issuance process…
[ad_1] SHIB’s Potential: Could This Be Your Moment to Profit?Shiba Inu (SHIB), often called the “Dogecoin Killer,” is more than just a meme coin. Over the years, it has captured the imagination of traders with its massive price volatility. For those who’ve been paying attention, SHIB has demonstrated the power to surprise with sharp moves, often defying market expectations. As December 19 approaches, traders and investors are turning their attention to where SHIB might head next, with the potential for significant price action to unfold. Cryptocurrency markets are known for their unpredictability, and Shiba Inu is no different. However, with…
[ad_1] Este artículo también está disponible en español. The Bitcoin price action in the past 24 hours saw it breaking below the $100,000 price mark again very briefly before breaking above it again. Particularly, Bitcoin’s price action in the past 24 hours has been between $98,839.87 and $105,306, highlighting the potential corrections that could occur as the cryptocurrency continues to edge upwards. This fluctuation comes amid a broader bull market cycle that analysts like CryptoCon suggest is far from over. Bitcoin Crash Below $100,000 Not The End Crypto analyst CryptoCon has been a consistent voice in tracking Bitcoin’s movements using…
[ad_1] Solana’s decentralized applications (DApps) recorded $365 million in revenue in November, with memecoin launchpad Pump.fun emerging as the top contributor. According to data from research platform Syndica, Pump.fun became the first Solana DApp to surpass $100 million in monthly revenue, earning $106 million despite facing community backlash. The controversy erupted on 25 November 2024, when users of Pump.fun’s livestreaming feature was accused of sharing inappropriate content, including threats of violence. EXPLORE: Will Solana Price Hit $500 by End 2024? Pump.fun Suspends Livestreaming Function In response, Pump.fun suspended its livestreaming function indefinitely and pledged to introduce a more robust moderation system.…
[ad_1] El Salvador has agreed to make merchant acceptance of Bitcoin voluntary as part of a $1.4 billion loan agreement with the International Monetary Fund (IMF). Meanwhile, Bitcoin made a bearish move yesterday (Wednesday), causing its price to drop to $100000. The cryptocurrency had reached an all-time high of $108,000 the day before.The country will also scale back its involvement with the Chivo wallet, which has seen limited use, and restrict public sector participation in Bitcoin-related activities. These changes are aimed at reducing El Salvador’s debt-to-GDP ratio, according to an IMF statement on December 18.IMF Agreement Limits Bitcoin UseThe agreement,…
[ad_1] As December 2024 unfolds, the cryptocurrency market continues to offer remarkable opportunities for investors aiming to maximise their returns. While Bitcoin remains a dominant force, altcoins have emerged as compelling investment options, promising innovative solutions and strong growth potential. For those seeking the best altcoins to invest in December 2024, Qubetics, Toncoin, Chainlink, VeChain, and Hedera stand out as top contenders. Each of these projects brings unique value propositions and advancements to the table. From Web3 aggregators to decentralised oracles, their innovative approaches make them indispensable in the evolving blockchain landscape. Let us explore why these altcoins deserve attention…