Despite recent volatility and a sharp correction, LINK’s strong fundamentals and whale activities signal potential for recovery. Analysts remain bullish, projecting LINK to rebound to $35 in January 2025 and potentially reach $75 by mid-2025. Chainlink’s LINK token, a standout performer during December’s bullish crypto rally, has experienced a sharp correction, dropping 15% and falling…
Crypto whales have gone on a significant accumulation spree, an indicator that could push ARB prices higher. Virtual currencies are down this week, with BTC losing 2.33% to $101,546.17. Yesterday, the US monetary authority announced a reduction of the lending rate, a third successive decrease this year. Historically, decreases in lending rates are a boost…
Picture this: you’re sipping your morning coffee, scrolling through your portfolio, and noticing a staggering ROI that most investors only dream of. What if the ticket to your financial breakthrough lies in an exciting blend of innovation and meme magic? Enter the world of meme coins, where community passion meets untapped potential. Among this dynamic…
Ethereum has recently surpassed the $3,700 mark, reflecting a surge in investor confidence bolstered by favorable economic conditions and increasing demand. Polygon is also advancing, enhancing its cross-chain capabilities to facilitate seamless asset integration across networks like Ethereum and Solana. However, the real game-changer could be Web3’s impact on e-commerce. Currently, 65% of global transactions…
Bitcoin mining giants Marathon Digital Holdings and Hut 8 have capitalized on Bitcoin’s recent correction by making multi-billion-dollar investments in the flagship cryptocurrency. On Dec. 19, the companies announced purchases totaling over 16,000 BTC for $1.6 billion, equivalent to 37 days of Bitcoin issuance. Marathon led the way by purchasing 15,574 BTC at an average…
Dubai, UAE, December 20th, 2024, Chainwire On August 28, 2024, Sixteen members of the MEET48 idol group captivated audiences at WebX 2024 with their singing and dancing performances. By the end of the year, MEET48 will have performed across multiple key markets, including Hong Kong, Dubai, Japan, Singapore, and Thailand, highlighting their increasing influence in…
The United States Securities and Exchange Commission (SEC) has approved dual cryptocurrency ETFs from Franklin Templeton and Hashdex. This marks a major step toward integrating Bitcoin and Ethereum into traditional financial markets through regulated investment products. Dual Bitcoin and Ethereum ETFs to Be Listed on Nasdaq and Cboe BZX The Hashdex Nasdaq Crypto Index US…
21shares registered a trust in Delaware on Dec. 19, called the 21Shares Polkadot Trust, for a potential exchange-traded product indexed to Polkadot (DOT). As of press time, 21shares has not spoken publicly about the filing. DOT is the 20th largest crypto, priced at $7.07 and boasting a market cap of nearly $10.8 billion as of press…
The SEC has approved combined Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton. This move expands combined institutional access to the two largest cryptocurrencies via spot-based investment vehicles. The Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF received regulatory clearance, with the latter benefiting from an expedited review. Combined…
The Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to implement stricter privacy measures after concluding its investigation into the company’s biometric data practices. Worldcoin (WLD) has been instructed to provide a GDPR-compliant data deletion process within one month. The BayLDA also required the company to obtain explicit user consent for certain…
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