As the Ethereum (ETH) price consolidates just above $3,900, traders are eyeing the possibility of a surge into the year’s end, a phenomenon referred to as a “Santa Rally”. From a technical perspective, Ethereum is looking good right now, sitting above all of its major moving averages and still in a clear uptrend. However, resistance…
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VanEck Predicts $180K Bitcoin, US Strategic Reserve, and Bank Custody by 2025
Asset management firm VanEck forecasts a massive bull run for cryptocurrencies. It predicts Bitcoin will reach as high as $180K, and other major digital assets will reach record highs by the end of 2025. The firm projected in a December 13 blog post that the cryptocurrency bull market will experience a “medium-term peak” in the…
Bitwise CIO Highlights Key Signals for Bitcoin’s Path to $1 Million
Bitwise Chief Investment Officer Matthew Hougan Hougan outlined on December 13 key developments he believes signal Bitcoin’s potential rise to $1 million. In a recent social media post, Hougan highlighted several milestones, including BlackRock’s endorsement of a 2% portfolio allocation to Bitcoin and the record-breaking success of Bitcoin exchange-traded funds (ETFs). When bitcoin hits $1…
Rep. French Hill Outlines Pro-Crypto Agenda as New House Financial Services Chair
Rep. French Hill, a pro-crypto candidate, was elected as the new chairman of the House Financial Services Committee on December 13, giving him considerable influence over banking and financial regulations in the United States. In a recent interview with CNBC, Rep. Hill highlighted his top three priorities as he assumes the role. Hill outlined three…
XRP Eyes All-Time High as Whales Move $95M – Could $5.85 Be Next?
XRP has suffered an overnight selloff, with its fall to $2.32 marking a 4% decline in 24 hours. This loss is in line with the rest of the market, which is also weathering some profit-taking and uncertainty today, although some coins are up (e.g. Monero, Virtuals Protocol, Curve DAO, Gate, Optimism). XRP is now flat…
Trump-Linked Wallet Buys Aave and Chainlink – Could This Coin Be Next?
A Donald Trump-linked crypto wallet has deployed $10M USDC to acquire Chainlink (LINK), Ethereum (ETH), and Aave – could another coin be next? As 2024 marks the era of adoption, many anticipate the US Government will begin building a strategic national Bitcoin reserve in the wake of Donald Trump’s landmark victory in November. HOLY SHIT….
TON Blockchain’s Tact Language Has Security Risks – CertiK Audit
A new security report has raised concerns about the Open Telegram Network (TON), a blockchain platform known for its user-friendly approach to smart contracts. The report, conducted by Web3 security firm CertiK, highlights potential vulnerabilities in Tact, the programming language specifically designed for TON. While Tact aims to simplify development and enhance security, the audit…
Avalanche Lands $250 Million as Crypto All-Stars Blows Past $15M – What’s Driving the Boom?
Avalanche has just raised a towering $250 million in a private crypto sale for the network’s Ethereum-challenging blockchain. Lead investors Galaxy Digital, ParaFi Capital and Dragonfly were joined by more than 40 investment firms including Anthony Scaramucci’s SkyBridge Capital and AI/crypto investment firm Morgan Creek Digital. The raise comes shortly after the launch of the…
Texas Man Jailed for Evading $1M in Cryptocurrency Taxes
Frank Richard Ahlgren III, a Bitcoin investor from Austin, Texas, has become the first individual criminally charged for failing to report cryptocurrency capital gains. According to the U.S. Department of Justice (DOJ), Ahlgren earned $3.7 million from selling 640 Bitcoin in 2017, which he subsequently used to purchase a luxury home in Park City, Utah….
Gate.io Dismisses Hack Rumors, Assures Platform Security
Gate.io, one of the leading cryptocurrency exchanges, has firmly denied recent rumors about a potential hacking incident. The speculation surfaced on social media earlier on December 13, originating from significant withdrawals observed on the platform. GATE RUMOURED TO HAVE BEEN HACKED, RECOMMENDED TO WITHDRAW: SOURCES — Aggr News (@AggrNews) December 13, 2024 In response, Gate.io…