Month: November 2024

Gita Gopinath, Deputy Managing Director of the International Monetary Fund, expressed concern over the increasing energy consumption and carbon footprint of cryptocurrency mining and AI data centers, expected to worsen in the next few years. What Happened: In an X post on Sunday, Gopinath stated, citing IMF data, that...

Former presidential candidate Robert F. Kennedy Jr. didn’t mince words when he praised Bitcoin (CRYPTO: BTC) as a solution to the U.S. national debt and an inflation hedge. What Happened: Kennedy recently took to X to express his unwavering support for the leading cryptocurrency. “Bitcoin is the currency of...

Cathie Wood, CEO of ARK Invest, endorsed the newly created Department of Government Efficiency (DOGE) under Elon Musk‘s leadership while advocating for stricter government spending controls in a series of posts on X on Sunday. What Happened: “Government spending is taxation,” Wood said, citing her early economics education with...

A meme coin inspired by the “Peanut,” the squirrel, maintained its upward march Sunday as UFC legend Jim Miller demanded justice for the late animal. What happened: Peanut the Squirrel (PNUT) jumped over 11% to become the market’s fourth-best-performing cryptocurrency in the last 24 hours.  The coin’s trading volume...

Leading cryptocurrencies dipped on Sunday as investors reduced their risk-taking appetite amid the Federal Reserve’s cautious stance on rate cuts. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.76% $90,085.28 Ethereum (CRYPTO: ETH)                -0.88% $3,119.31 Dogecoin (CRYPTO: DOGE)           -1.12% $0.3621 What Happened: Bitcoin rose above...

Five of the top 10 crypto protocols by fee earnings in the last 24 hours were on Solana. ...

While the hacked funds were fully recovered, the Thala token is still down roughly 35% since the incident occurred....

Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR....

MicroStrategy co-founder Michael Saylor has projected that Bitcoin (CRYPTO: BTC) will soon hit the $100,000 mark. This prediction comes in the wake of the election of Donald Trump as president, which Saylor believes could have significant implications for the crypto industry. What Happened: During a recent interview Saylor expressed...

The recent announcement of billionaire Elon Musk taking the helm of a new government agency, the Department of Government Efficiency (DOGE), has sparked a significant surge in the price of Dogecoin (CRYPTO: DOGE). What Happened: Last week President-elect Donald Trump unveiled that Musk and entrepreneur Vivek Ramaswamy would lead...