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BONK’s Meteoric Rise: Outpaces PEPE with 621% Surge, Secures Third Place in Meme Coin Market

BONK Emerges as the Third Largest Meme Coin The meme-inspired cryptocurrency BONK has experienced a remarkable surge in recent weeks, surpassing pepe (PEPE) to become the third largest meme coin in terms of market capitalization. BONK, which is based on the Solana blockchain, has witnessed a staggering 621% increase in value against the U.S. dollar […]

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FDUSD Supply Surges by 74% in Two Weeks, Becomes Fifth-Largest Fiat-Pegged Cryptocurrency

In just two weeks since December 2, 2023, the stablecoin asset, first digital USD (FDUSD), has experienced a remarkable expansion, with its supply increasing by 690 million coins. As of December 17, 2023, this surge has propelled FDUSD's market capitalization to a significant $1.61 billion, marking a growth of 74.92%. FDUSD Emerges as Fifth-Largest Fiat-Pegged

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Janet Yellen Discusses US Economy, Recession Risk, and Soft Landing

Introduction Treasury Secretary Janet Yellen recently shared her insights on the state of the U.S. economy and the potential risks it faces. In an interview with CNBC, she discussed the progress made in reducing inflation and the need for the Federal Reserve to continue working towards its 2% target. Yellen also expressed her optimism about

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Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin to Reach New All-Time High

Prediction 1: Bitcoin Trading Above $80,000 Crypto asset manager Bitwise has made 10 predictions for the crypto market in 2024. The first prediction states that Bitcoin will trade above $80,000, setting a new all-time high. Bitwise believes that two major factors will contribute to this price surge. The anticipated launch of a spot Bitcoin ETF

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Saudi Aramco Partners With SBI Holdings to Potentially Invest in Digital Assets

Saudi Aramco Explores Collaboration for Investing in Digital Assets Saudi Aramco, the largest oil and gas company by market cap, has partnered with SBI Holdings, a financial services group in Japan, to explore a potential collaboration for investing in digital assets. With a market capitalization of over $2 trillion, Saudi Aramco is considering venturing into

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Vaneck Unveils 15 Crypto Predictions: Spot Bitcoin ETF Approvals, US Recession, BTC’s Historic Rally

Asset Management Firm Vaneck Reveals 15 Crypto Predictions for 2024 Asset management firm Vaneck has recently unveiled its 15 crypto predictions for the year 2024. These predictions cover a wide range of topics, including the arrival of a US recession, the approval of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC),

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Ethereum’s Trading Ends on a High Note: A Bullish Outlook for ETH

Positive Signals from Oscillators On Friday, December 8, 2023, ethereum's trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether's market cap of $283 billion, accompanied by a strong 24-hour trading volume of $26.75 billion. Oscillators and

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El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment

El Salvador's Bold Bid: Citizenship for Crypto Millionaires El Salvador has recently launched a new citizenship investment program called the "Freedom Visa." This program is open to a limited number of applicants and offers Salvadoran citizenship in exchange for a $1 million investment in bitcoin or tether. The "Adopting El Salvador Freedom Visa" Program El

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Brazil to Discuss Digital Currency Usage for Financial Transactions in G20

Brazil to Discuss Digital Currencies as G20 President The government of Brazil will hold discussions on digital currencies and the potential benefits they can bring to financial transactions as part of the Group of the Twenty (G20). With Brazil assuming the G20 presidency on December 1, the country aims to leverage its position to drive

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