Powell Triggers Market Carnage: VIX Spikes 58%, Stocks Plummet, Dollar Hits 2-Year Highs, Bitcoin Nosedives
Federal Reserve Chair Jerome Powell adopted a hawkish stance during his Wednesday press conference after the December Fed meeting, sparking a market bloodbath as the New York session headed to the close. Although the Federal Reserve lowered interest rates by 0.25% to a range of 4.25%-4.5%, as widely anticipated,...
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Synthetix launches multi-collateral perps on Base amid revamp
The DeFi protocol also launched an in-house perpetuals trading app....
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SEC To Approve XRP And Solana Joint ETF? Analyst Says Yes
Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025. Crypto investors might have a lot of options next year when it comes to publicly traded crypto securities, one of...
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Bitcoin, Ethereum, XRP, Dogecoin Plummet Despite Anticipated 25 Basis Point Rate Cut
Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654...
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Bitcoin Is No Manhattan Real Estate, Peter Schiff Challenges MicroStrategy’s Michael Saylor: ‘BTC Doesn’t Generate Any Income’ (CORRECTED)
Editor’s Note: The spelling of Michael Saylor’s name has been corrected in the headline. Financial market commentator Peter Schiff on Tuesday criticized Michael Saylor’s comparison of MicroStrategy Inc.‘s (NASDAQ:MSTR) debt-financed Bitcoin (CRYPTO: BTC) buying strategy to Manhattan real estate. What Happened: In an X post, Schiff disagreed with Saylor’s analogy. “Real...
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Pudgy Penguins PENGU Token Extends Rally, Outperforms Dogecoin, Shiba Inu On Wednesday
Pudgy Penguins (CRYPTO: PENGU) newly launched token has found its way into established media, coinciding with a rally on Wednesday. What Happened: In a FOX Business interview on Tuesday, Robinhood CEO Vlad Tenev expressed skepticism about meme coins, calling them “distractions.” He noted how easy it is to create...
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Analysts Predicts ‘Major Boom’ For Dogecoin Price, Here’s The Target
Crypto analyst Lebicahlz has predicted that the Dogecoin price is set to witness a major explosion, which would send it to new all-time highs (ATHs). The analyst also provided price targets that Dogecoin could reach as it rallies to new highs. Dogecoin Price Set To Reach New ATHs In...
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MicroStrategy Chairman Michael Saylor Eyes’ Intelligent Leverage’ With Bitcoin Purchases
MicroStrategy Inc. (NASDAQ:MSTR) is doubling down on its strategy to maximize shareholder value through what Saylor calls “intelligent leverage.” The software-turned-Bitcoin (CRYPTO: BTC) proxy firm has become a major player in the cryptocurrency market, attracting significant investor attention due to its bold approach to Bitcoin accumulation. “We have $7.2...
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MicroStrategy’s Aggressive Bitcoin Strategy Raises Eyebrows In Crypto Community
With Bitcoin (CRYPTO: BTC) prices peaking to all-time high levels, MicroStrategy’s (NASDAQ:MSTR) aggressive Bitcoin accumulation strategy has once again become a focal point in discussions among traders and analysts. What Happened: In a tweet on Monday, industry expert Alex Kolicich addressed common misconceptions about MSTR in a recent tweet,...
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Ripple Stablecoin RLUSD Is A ‘Trojan Horse’ For DeFi And Banking, Claims Venture Capitalist
In his latest video analysis on YouTube, Adam Cochran, partner at Cinneamhain Ventures (CEHV), an activist venture capital firm, described Ripple’s newly launched stablecoin, RLUSD, as a “Trojan Horse” poised to transform both decentralized finance (DeFi) and traditional banking sectors. Why Ripple’s RLUSD Is A ‘Trojan Horse’ Cochran emphasized...
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- Bitcoin (BTC) $ 99,729.00
- Dogecoin (DOGE) $ 0.379165
- Shiba Inu (SHIB) $ 0.000022
- Litecoin (LTC) $ 119.66
- Pepe (PEPE) $ 0.000019
- Bellscoin (BELLS) $ 0.444938
- Luckycoin (LKY) $ 0.779738