Markets

Cryptocurrency enthusiasts are turning to meme coins over traditional assets like Bitcoin (BTC) and Binance Coin (BNB), according to the latest study conducted by Binance. The findings, released on December 18 as part of the Binance Global User Survey, sampled over 27,000 customers across Asia, Australia, Europe, Africa, and Latin America. Meme Coins Outpace Bitcoin and Ethereum Binance revealed that 16% of respondents reported holding meme coins, making them the most-owned...

[PRESS RELEASE – Whittier, California, December 19th, 2024] NFTfi.com, a leading NFT lending protocol, and Fabrica, a real land tokenization platform, today announced a $200,000 loan secured by a tokenized plot of Los Angeles real land. This milestone transaction marks the largest land-backed loan in blockchain history and demonstrates the growing practical application of decentralized finance (DeFi) in traditional real estate markets. Pioneering Real Estate Innovation The...

TL:DR; Although the entire cryptocurrency market corrected severely in the past 36 hours, DOGE is among the poorest performers as its price dumped by more than 25%. Many analysts weighed in on DOGE’s upcoming price developments, with some predicting a further drop to key resistance lines such as $0.22. The price charts across the entire cryptocurrency market have been in a deep red state ever since yesterday’s FOMC meeting. Although the Fed indeed cut the interest rates by...

A federal judge in California has denied BiT Global Digital Ltd.’s request for a temporary restraining order (TRO) to prevent crypto exchange Coinbase from delisting wrapped Bitcoin (wBTC) from its platform. US District Judge Araceli Martínez-Olguín ruled Wednesday that BiT Global failed to present sufficient evidence to demonstrate “imminent irreparable harm” if the delisting proceeds. Coinbase Cleared to Delist wBTC The judge also criticized the speculative nature of BiT...

[PRESS RELEASE – Vilnius, Lithuania, December 20th, 2024] Europe’s leading cryptocurrency exchange, WhiteBIT, concludes the year with notable achievements. The latest estimates reveal the company’s capitalization has reached $38.9 billion, while the annual trading volume surged to $2.7 trillion — a 200% increase compared to the previous year. These figures encompass all exchange markets (spot and futures), showcasing the company’s rapid growth and the increasing trust of its...

The adverse price developments that started after the controversial statements by the Chair of the US Federal Reserve continue today as well, with BTC dumping to under $98,000. The altcoins have been hit even more severely, with massive double-digit losses from the likes of ETH, DOGE, ADA, AVAX, LINK, and many others. Cryptocurrency Market Overview. Source: QuantifyCryptoCryptoPotato reported yesterday’s price movements, which came just minutes after the latest FOMC meeting,...

Ethereum may reclaim market supremacy in 2025. Rising inflows into ETH ETFs indicate growing investor confidence. The most recent report from Matrixport says Ethereum is expected to bounce back in 2025, with a huge fall that happened toward the end of the year in 2024. The report states that surging inflation will act as a catalyst for ETH to reclaim its previous strength. It also notes that rising interest from institutional investors in the ETF will play a role in this recovery. This will...

Every market cycle has its ups and downs – and the meme coin supercycle is turning out to be no different. Market leaders like Dogecoin (DOGE) and Dogwifhat (WIF) are under pressure as investors take profits ahead of the Christmas holidays. Dogecoin is down 7.3% on the weekly chart, while Dogwifhat has sunk by 18.6%. However, its not all doom and gloom, as a new presale meme coin called Crypto All-Stars could present an alternative opportunity for gains as it nears launch...

TL:DR; XRP was the top performer from the larger-cap alts until yesterday afternoon, but its price has tumbled hard by double digits since then. Could that be related only to the market-wide retracement, or is there more to the story, such as another ‘sell-the-news’ event? Recall the price developments around XRP that took place earlier this week. The asset stood at around $2.35 but exploded on Monday evening to almost $2.6 after the company behind it announced that its...

[PRESS RELEASE – SAN FRANCISCO, United States, December 18th, 2024] Pepeto: The God of Frogs with Utility and a Vision Unlike other memecoins’ trading-centric approach, Pepeto offers a comprehensive utility-driven ecosystem. Pepeto, known as the God of Frogs, aims to adopt all future memecoins and elevate the sector through its zero-fee cross-chain exchange and bridge technology. Pepeto’s Ecosystem Highlights: Zero-Fee Exchange: A listing platform for emerging and...