Hawk Tuah Crypto Project Sued Over Memecoin, Welch Responds

Interestingly, Haliey Welch was not listed as a defendant in the lawsuit and her most recent response may explain why. HAWK Memecoin Investors File Suit Disgruntled investors will finally have their day in court after buying the HAWK memecoin on December 4, only to see it implode and lose more than 90% of its value …

5 Privacy Coins Face Delisting on Gate.io Exchange

Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By …

Meme Coin Prices Slide as Traders Hedge into FLOCK, STARS ICOs

Meme coins are taking a beating, with the market turning red as traders rush to cash out. But even in the midst of the selloff, two new projects are grabbing attention. Flockerz (FLOCK) and Crypto All-Stars (STARS), both in their ICO phase, offer a clear contrast to the declining fortunes of established meme coins. Meme …

Bitcoin Dip Hits Altcoins Hard With ETH Down by 18%, XRP Down by 21% and SOL Down by 20%

Bitcoin’s price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Major Altcoins Follow BTC Dip Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains. Over the past 48 hours, BTC has dipped by over 13%, dropping from an …

A Crypto First: Hybrid Spot Bitcoin-Ethereum ETFs From Hashdex and Franklin Templeton Approved by SEC 

The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix …

Bitcoin.com Brings More, Better Payment Methods for Bitcoin and Crypto

Accessing Bitcoin and crypto just got easier. Bitcoin.com has dramatically expanded its supported payment methods in over 190 countries, making it simpler and more affordable for people everywhere to buy and sell crypto. This enhanced functionality, powered by Onramper, allows users to seamlessly on- and offramp between fiat and crypto using the payment methods that …

Bitget Partners With Tron, Acquires $10 Million in TRX

Bitget, a cryptocurrency exchange and Web3 company announced a partnership with Tron, a blockchain network known for its role in onchain settlement. Bitget Joins Forces With Tron According to the news shared with Bitcoin.com News, the collaboration includes Bitget‘s $10 million purchase of Tron’s native token, TRX. The Seychelles-based exchange cited Tron’s extensive adoption as …

Analyst Who Predicted Bitcoin Pre-Halving Correction Outlines Worst-Case Scenario for BTC – Here’s His Outlook

An analyst who nailed Bitcoin’s pre-halving correction this year is laying out a worst-case scenario as BTC dips to $97,000. The analyst pseudonymously known as Rekt Capital tells his 102,000 YouTube subscribers that Bitcoin is technically in a parabolic uptrend but could decline further based on historic precedence. “We tend to see upside, but not …

Trader Michaël van de Poppe Says Bitcoin Could Surge Another 400% in the Ongoing Bull Run – Here’s His Timeline

A closely followed crypto analyst says that Bitcoin (BTC) remains in a bullish trend and could explode by more than 400% despite dipping below $100,000 this week. In a new strategy session, crypto trader Michaël van de Poppe tells his 754,000 followers on the social media platform X that Bitcoin could ultimately hit $500,000 in …

Year In Review: 2024’s Most Important Cryptocurrency Developments

2024 saw several key developments that could shape the future of crypto. Here are the year’s most important events. The SEC approved spot Bitcoin and Ethereum ETFs over the course of 2024, allowing funds in each category to begin trading in January and July, respectively. Bitcoin ETFs alone have achieved a $119 billion market cap …

Analyst Says Altcoin That’s Rallied Over 21,000% Year-to-Date at a ‘Do-or-Die’ Level, Updates Outlook on Bitcoin

A widely followed cryptocurrency analyst and trader is saying that an altcoin in the Solana (SOL) ecosystem is at a critical juncture. The analyst pseudonymously known as Sherpa tells his 234,700 followers on the social media platform X that the memecoin Popcat (POPCAT) is at a “do-or-die” level. Based on Sherpa’s POPCAT chart, it appears …

Ethereum (ETH) Price Update: Price Action Suggests Bearish Momentum Below $3,650

TLDR Ethereum has experienced a sharp decline, dropping below $3,680 and currently trading under $3,550 A key bearish trend line has formed with resistance at $3,650 on the hourly chart The cryptocurrency reached a low of $3,324, with current major support at $3,320 Technical indicators, including MACD and RSI, suggest continued bearish momentum Recovery would …

US Bitcoin ETFs face largest outflow since launch breaking 15-day streak

US spot Bitcoin and Ethereum exchange-traded funds (ETFs) witnessed a sharp decline on Dec. 19, with significant outflows disrupting long-standing streaks of investor inflows. Data from SpotOnChain revealed that the Bitcoin ETFs recorded their most significant single-day outflows since their launch in January. The previous record was set in May with a $563 million outflow. …

Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%

Bitcoin’s price appears to be pulling back approximately 250 days after the April 2024 halving, aligning with patterns observed following the May 2020 halving. Bitcoin has retraced around 13% over the past 48 hours from an all-time high of $108,600 to $94,700 as of press time. Historical charts show a notable climb following the May …

El Salvador defies IMF, ramps up Bitcoin strategy with latest purchase of $1M BTC

El Salvador is accelerating its Bitcoin acquisition strategy, even as it scales back specific policies following an agreement with the International Monetary Fund (IMF). On Dec. 20, the country’s National Bitcoin Office announced the purchase of 11 BTC for about $1 million. This acquisition adds to its daily purchase of 1 BTC, bringing the total …

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