Altcoins

Tether, the creator of the popular USDT stablecoin, has publicly disclosed letters sent to key U.S. legislative committees revealing its partnerships with the Secret Service and FBI. This update comes after Tether’s recent measures, which included implementing a wallet-freezing policy aimed at individuals on the U.S. Specially Designated Nationals list, freezing over 200 wallets. Tether’s Proactive Stance to Uphold Crypto Integrity Under Paolo Ardoino’s newly appointed CEO’s...

Digital assets investment products ended their 11-week streak of positive cash flows with withdrawals amounting to $16 million. However, trading activity remained significantly higher than the yearly average, reaching $3.6 billion for the week, in contrast to the year-to-date average of $1.6 billion. Bitcoin was the worst hit, witnessing outflows of $33 million last week, while short-bitcoin also experienced minor outflows amounting to $0.3 million. Contrary to the overall...

Stellar lumen price is gaining pace below the $0.125 support zone against the US Dollar. XLM price is now trading below $0.122 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1220 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1185 support zone in the near term. Stellar lumen price is trading below $0.1220 against the US Dollar, like Bitcoin. XLM price...

XRP price started a fresh decline from the $0.644 resistance against the US dollar. The price is now trading below $0.620 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6125 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.584 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...

Bitcoin’s price has lost some momentum over the past 24 hours and has retraced back down to around $42,000. Most altcoins are also in the red, with SOL and ADA dumping by over 5%. ICP, though, has exploded by a massive 40% surge. BTC Down to $42K It was precisely a week ago when BTC’s late 2023 run culminated in a price surge to $44,700. This became the asset’s highest price tag in over a year and a half. However, the landscape started to worsen at that point. Monday was...

Bitcoin’s (BTC) price has surged impressively in the past three months thanks to optimism that a spot Bitcoin ETF could finally be approved in the US after years of rejection by the SEC. The popular AI system ChatGPT has issued a bold prediction for Bitcoin once this event occurs, which has surprised many investors. Additionally, the AI model has also highlighted new presale crypto Bitcoin ETF Token (BTCETF) as an altcoin that could capitalize on the hype around a spot crypto...

Core’s Seed Abstraction offers a seamless cross-chain experience. Users can employ Core-generated seeds across a spectrum of blockchains. In a groundbreaking move for the crypto space, Core Wallet has introduced an innovative approach to wallet creation with its Seed Abstraction feature. According to a press release shared with Coinspeaker, this pioneering technology eliminates the need for cumbersome seed phrases, providing users with a more accessible and user-friendly experience without...

Ripple is currently working with over 20 central banks from around the world, helping them to develop digital versions of their national currency. Blockchain-based payment solutions provider Ripple has reaffirmed its support for central bank digital currencies (CBDC). In a 23-page white paper released on December 14, the firm explains the basics of CBDCs, their potential benefits, risks, and barriers to mainstream adoption. It also stresses the need for governments and private sector...

In response to the overwhelming demand, Solana Mobile announced that the phone will be restricted to one device per household to ensure broader community participation in the Saga experience. The frenzy surrounding Solana‘s crypto phone has reached a fever pitch after struggling to catch investors’ attention since its debut on May 8, 2023. The move comes as memecoin enthusiasts scramble to capitalize on the meteoric rise of a fast-rising memecoin, Bonk (BONK), which has surged an...

The 25 billion BONK tokens airdropped to Solana developers last year are now worth over $600,000 after the meme token has rallied in the last few months. During the holidays, it is common for companies to give their employees bonuses, usually in cash or kind. But last year, Solana developers got a potentially life-changing bonus when they were airdropped 25 billion BONK tokens each. Now, a year later, these developers could find themselves making quite a profit after the value of BONK has...