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XRP, APE, ALGO: Top Cryptocurrencies to Watch This Week

December 2, 2024 by Arnold Potts

The global cryptocurrency market has experienced a correction, with the market cap dropping to $3.42 trillion as of Sunday, reflecting a nearly 10% decrease from two weeks ago. Bitcoin (BTC), which had attempted to reach $100,000 two weeks ago, was a key …

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Tags Cryptocurrency

Unlucky Gamblers Lose Big on $100k Bitcoin Bet: A Look at the High-Stakes World of Cryptocurrency Trading

December 2, 2024 by Arnold Potts

Unlucky gamblers lost big on the $100k Bitcoin bet Traders who were betting on Bitcoin’s surge to the $100,000 mark faced significant losses on the market prediction platform Polymarket. Bitcoin (BTC) reached an all-time high of $99,655 on November 22, raising hopes …

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Tags Bitcoin

DogeCoin Price Surges with Another Golden Cross on 4-Hour Chart, $1 Target in Sight

December 1, 2024 by Arnold Potts

The Dogecoin price is once again making headlines as it shows signs of a strong bullish run, with a golden cross emerging on the Dogecoin 4-hour price chart. This golden cross indicates that buyers are now in control, potentially leading to a …

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Tags Cryptocurrency

Russia Officially Recognizes Bitcoin as Property for Foreign Trade Settlements

December 1, 2024 by Arnold Potts

In a groundbreaking move, Russia has officially recognized Bitcoin and other digital currencies as property for foreign trade settlements. President Vladimir Putin signed a new law under an experimental legal regime (ELR) with the aim of integrating cryptocurrencies into the nation’s economy …

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Tags Bitcoin

XRP Price Surges 20% to $1.84 in 24 Hours, Eyes $2.00 Next

December 1, 2024 by Arnold Potts

XRP, the cryptocurrency associated with Ripple, has experienced a significant surge in price, climbing by 20% to reach $1.84 in a 24-hour period. This impressive rally has caught the attention of investors and analysts alike, with many attributing the upward movement to …

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Tags Cryptocurrency

Binance Launches Perpetual Futures Contracts for Solana Memecoin $CHILLGUY with 75x Leverage

November 29, 2024 by Arnold Potts

Binance, one of the world’s largest cryptocurrency exchanges, has made a significant announcement regarding the launch of perpetual futures contracts for the Solana-based memecoin $CHILLGUY. This move by Binance comes in response to the growing demand for memecoins and the associated trading …

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Tags Cryptocurrency

Hong Kong Proposes Tax Exemptions to Boost Crypto-Friendly Environment

November 29, 2024 by Arnold Potts

Hong Kong is making waves in the global financial sector with a bold move to solidify its position as a leading hub for cryptocurrencies. The Financial Services and Treasury Bureau in Hong Kong recently proposed the waiver of capital gains tax on …

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Tags Cryptocurrency

The Inverse Cramer Phenomenon: How Jim Cramer’s Praise Could Impact Cryptocurrencies

November 29, 2024 by Arnold Potts

Jim Cramer, the well-known CNBC stock analyst, has recently expressed his admiration for the cryptocurrency market, particularly highlighting the potential for certain cryptocurrencies to provide significant returns. In a recent episode of his CNBC show, Cramer compared cryptocurrencies to the traditional safe-haven …

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Tags Bitcoin, ethereum

Decentralized Science Platform Pump Science Warns of Fraudulent Tokens After Private Key Leak

November 28, 2024 by Arnold Potts

Decentralized science platform Pump Science has recently fallen victim to a security breach after its private key was leaked on GitHub, leading to the creation of fraudulent tokens on its Pump.fun account. The attack, which occurred on Nov. 27, allowed the perpetrator …

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Tags Cryptocurrency

Pro-XRP Lawyer Criticizes SEC Chair for Favoring Bankman-Fried: Unequal Treatment in Cryptocurrency Platforms

November 28, 2024 by Arnold Potts

A pro-XRP lawyer has criticized Securities and Exchange Commission (SEC) Chair Gary Gensler for allegedly showing favoritism towards certain cryptocurrency platforms, particularly an offshore crypto exchange. The lawyer, Jonhn Deaton, accused Gensler of granting special treatment to FTX founder Sam Bankman-Fried by …

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Tags Cryptocurrency
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