Crypto Crash Hits Cardano Hard – Can ADA Hold $1 and Start 2025 Strong?

The latest crypto market crash has hit Cardano (ADA) hard, but the worst might already be over, and bulls will be hoping that the cryptocurrency is still headed for a positive start to 2025. The post Crypto Crash Hits Cardano Hard – Can ADA Hold $1 and Start 2025 Strong? appeared first on Cryptonews. BTC …

Crypto Crash Hits Cardano Hard – Can ADA Hold $1 and Start 2025 Strong? Read More »

Christmas Sale or Crypto Crash? XRP Plunges as Market Bleeds Red – Can XRP Fall Below $1?

Crypto prices are crashing this week following the Federal Reserve’s hawkish comments about its monetary policy actions for 2025 and inflation. XRP has been swept into the whirlwind as is experiencing an 8.4% loss in the past 24 hours. However, the market’s early panic has been tampering as the U.S. session starts and the price …

Christmas Sale or Crypto Crash? XRP Plunges as Market Bleeds Red – Can XRP Fall Below $1? Read More »

Bitwise Forecasts Ethereum Boom in 2025 Due to RWA Tokenisation Wave

It’s a tale as old as time. Well, as old as 12 months, actually. Ethereum once again broke the coveted US $4k milestone (AU $6.31k), only to retreat back under as investors got cold feet. Despite the hesitation from traders to consolidate above the resistance level, Bitwise Senior Investment Strategist Juan Leon believes that Ether …

Bitwise Forecasts Ethereum Boom in 2025 Due to RWA Tokenisation Wave Read More »

Pudgy Penguins Token PENGU Starts Trading, Tumbles on Major Exchanges

Oh, boy. This one is definitely not pretty.  The PENGU token —the much-anticipated token from the Pudgy Penguin collection— went through a rollercoaster this week shortly before crashing on major exchanges. Data shows the token experienced a sharp drop of over 50% following its airdrop to Pudgy Penguins NFT holders. After initially spiking to US$0.068 …

Pudgy Penguins Token PENGU Starts Trading, Tumbles on Major Exchanges Read More »

Fed Chair Powell’s Rate Cut and Bitcoin Ownership Remarks Trigger Market Commotion

Crypto and stock markets have crashed following statements made by the chair of the US Federal Reserve, Jerome Powell, on Wednesday.  The Dow Jones Industrial Average dropped by 1,100 points, the S&P 500 was down by close to 3% and the Nasdaq composite tumbled by more than 3.5%, while Bitcoin dropped 5%, Ethereum and Solana …

Fed Chair Powell’s Rate Cut and Bitcoin Ownership Remarks Trigger Market Commotion Read More »

Michael Saylor Open to Advising Trump Administration on Crypto Strategy

MicroStrategy’s co-founder Michael Saylor said he’s willing to advise President-elect Donald Trump on cryptocurrency-related matters if asked.  In an interview on Bloomberg Open Interest, Saylor said: MicroStrategy’s Classification Issues MicroStrategy will join the Nasdaq-100 index on December 23, alongside Palantir Technologies and Axon Enterprise. These firms will replace Super Micro Computer, Moderna and Illumina.  But …

Michael Saylor Open to Advising Trump Administration on Crypto Strategy Read More »

Solana Blockchain Hits New Records After PENGU Token Launch

On Tuesday, the Solana blockchain saw record network activity as the Pudgy Penguins NFT project launched its native token, PENGU.  The network saw 9 million transactions, its highest single-day tally since its 2020 debut, according to data from Artemis. This volume exceeded the combined total of all other major blockchains. Related: Bitcoin ATH Stops Short …

Solana Blockchain Hits New Records After PENGU Token Launch Read More »

BitMEX Co-Founder Hayes Predicts ‘Harrowing Dump’ Post-Trump Inauguration

Arthur Hayes is back at it with his end-of-year blog post – and it’s a doozy. If you’ve got about thirty minutes, it certainly makes for an interesting (and oftentimes humorous) read. But if you don’t, you’re in luck – I’m here to break it down for you. The crux of Hayes’ latest opinion piece …

BitMEX Co-Founder Hayes Predicts ‘Harrowing Dump’ Post-Trump Inauguration Read More »