After facing mounting bearish pressure, Bonk’s price has regained momentum to reclaim its title as Solana’s largest meme coin. The recent positive sentiment pushed its value toward the $0.00005269 level but slipped slightly near the $0.000047 mark. On the other hand, Solana has maintained its fourth position in the broader crypto market, with a monthly…
Coinbase has decided to exit Turkey’s crypto market and is liquidating its local operations after withdrawing its application with the country’s financial regulator. Reports indicate that the move comes just three months after the company submitted a pre-application to operate in Turkey. Coinbase Wants to Avoid Regulatory Challenges in Turkey’s crypto market According to local…
Bitcoin’s (BTC) journey to a potential $100,000 price point will depend on the balance between short-term holder (STH) demand and long-term holder (LTH) profit-taking, according to the latest edition of the “Bitfinex Alpha” report. Despite a sharp 8.64% intra-week pullback over the past few days, Bitcoin’s price surged to a record monthly close of $96,506…
Virtuals Protocol, a decentralized platform that allows users to create, own, and monetize AI agents across various virtual environments, is seeing over 1,000 tokens being created every day. AI Agent tokens created on the platform now hold an overall market cap of more than $1.8 billion, according to CoinGecko. Are AI Agent Tokens the New…
A Delaware Court judge has once again rejected Elon Musk’s $56 billion pay package. The decision, issued by Judge Kathaleen McCormick, strikes down the compensation agreement despite shareholders’ attempt to “re-ratify” the deal. McCormick’s ruling follows a previous judgment in January, where the pay package was invalidated. The judge’s decision adds another layer to the…
Banco Central do Brazil (BCB), the largest central bank in South America, has proposed legislation to ban stablecoin withdrawals to self-custody wallets. According to the Federal Government of Brazil’s document on Dec. 02, the central bank has opened the public…
Payment system available in 81 subway stations, enabling contactless fare payments via NFC-enabled devices and cards. System supports cards from major crypto exchanges, allowing commuters to pay fares directly with cryptocurrencies. Buenos Aires has introduced a multipayment platform to its public transportation network, allowing commuters to use debit and credit cards, along with cryptocurrencies like…
Fantom (FTM) price performance is in the spotlight as Sonic Labs just scored a major launch milestone. The startup announced earlier on Monday that it has achieved the Genesis Block for its next-generation smart contract chain. As confirmed by some community members, Sonic Labs has closed the testnet, implying a possible mainnet launch is ahead….
The second-largest cryptocurrency in the world, Ethereum, has seen a major inflow from the financial market, with a total of $2.2 billion this year. According to CoinShare’s published report on Dec. 02, Ethereum (ETH) has an outstanding record, along with…
In a significant market development, XRP has experienced an unexpected surge in trading volume, predominantly driven by South Korean investors. Data from major cryptocurrency exchanges reveals that XRP’s trading activity in South Korea has outpaced even that of Bitcoin, suggesting a growing interest that could be reshaping market dynamics. Koreans are likely the force behind…
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