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The Shiba Inu price has plummeted by 20% today, with the meme token dropping to $0.00001927 as the cryptocurrency market suffers a 12% fall in 24 hours. These losses round off a bad couple of weeks for SHIB, which is now down by 27% in seven days and by 34% in 14, although it remains…

The crypto market is facing significant this week and the price of meme coins like Floki and Bonk are falling sharply today following a dire outlook from the Federal Reserve regarding inflation and the pace at which they plan to cut rates next year. According to a statement from the Chairman of the United States…

Ethereum Layer 2 networks have achieved a historic milestone, with stablecoin holdings reaching $13.5 billion. This surge reflects the increasing adoption of cryptocurrencies and decentralized finance (DeFi) across the blockchain ecosystem. Demand for Stablecoins Rises As Arbitrum and Base Lead Ethereum Layer 2s TVL According to Tie Terminal, Ethereum-based Layer 2 networks now hold $13.5…

The German Parliament (Bundestag) has passed on Dec. 18 the Act on the Digitalization of Financial Markets (Finanzmarktdigitalisierungsgesetz – FinmadiG), marking an important step towards incorporating key elements of the European Commission’s Digital Finance Strategy into German law. The main goal of the FinmadiG is to align Germany with upcoming European Union (EU) rules on…

Bitcoin spot ETFs experienced a record-breaking single-day net outflow of $680 million on Thursday, marking the highest outflow in history, according to data from Sosovalue. The ETF outflows were triggered by a more hawkish stance from Federal Reserve Chair Jerome Powell, ending a 15-day streak of net inflows, this highlights a shift in market sentiment….

According to Bloomberg, Copper Technologies, a leading cryptocurrency custody provider supported by Barclays investment, has withdrawn its application for a crypto license in the United Kingdom. Copper Withdraws UK Crypto License Application Amid Challenges The decision follows increased scrutiny from the UK’s Financial Conduct Authority (FCA), which has rejected or refused most crypto applications over…

Since our previous Video blog about SUI, the coin rallied more than 900%. Therefore, we’ll be looking at the daily Elliott Wave Structure and explain the current structure within the cycle. The recent daily rally started in August 2024, SUI established an impulsive 5 waves structure to the upside within wave ((3)). In addition, it reached…

Japanese investment firm Metaplanet Inc. has raised 9.5 billion yen ($60.6 million) through two tranches of bond issuance aimed at accelerating its Bitcoin purchases. The Tokyo-listed company announced it issued a 5 billion yen ($31.9 million) bond on Friday, following a 4.5 billion yen ($28.7 million) bond issuance earlier in the week. Both bonds are…

Mo Shaikh, co-founder of Aptos Labs, which supports its layer 1 blockchain, announced that he is stepping down as CEO. However, he chose to stay on as a strategic advisor to the company board. In a lengthy post on X, Shaikh said that he is leaving the company “to start a new chapter.” “Over the…

The SEC on Thursday finally approved the first spot ETFs that combine Bitcoin and Ethereum, after months of extended reviews. On Dec. 19, the agency approved Hashdex’s Nasdaq Crypto Index US ETF, allowing it to trade on the Nasdaq stock market. At the same time, it authorized Franklin Templeton’s Franklin Crypto Index ETF for listing…