As the year draws to a close, cryptocurrency enthusiasts eagerly anticipated the arrival of the Santa Claus rally, a phenomenon where asset prices typically surge during the holiday season. However, this year, the expected rally appears to be conspicuously absent. Bitcoin, the flagship cryptocurrency, has plummeted below the crucial $94,000 mark, raising concerns among investors.
Crypto
The landscape of decentralized finance (DeFi) has seen a remarkable transformation in recent years, particularly with the emergence of real-world assets (RWAs). This sector has not only attracted attention but has also witnessed a staggering growth trajectory, burgeoning 58-fold from its previous valuation. With the total value locked (TVL) in RWAs hitting an unprecedented $8.217
In recent months, South Korea has witnessed an exceptional uptick in cryptocurrency adoption, with over 15.5 million citizens engaging in digital asset trading. This statistic reflects a remarkable 30% of the nation’s populace participating in what is often considered the future of finance. By November 2024, the trend saw a notable addition of 610,000 new
In the realm of philanthropic endeavors, few stories are as compelling as that of a father’s dedication to his daughter amidst the distressing backdrop of her battle with a rare brain tumor. Siqi Chen, a prominent figure in the startup finance world, has transformed his family’s tribulations into a beacon of hope for rare disease
In recent days, cryptocurrency trading patterns, particularly regarding Bitcoin (BTC), have drawn significant attention. This past weekend showcased an alarming decline in trading volumes, indicating a stagnation in price movements across the sector. While BTC oscillated silently, the broader crypto market witnessed a slight revitalization among various altcoins. Key players such as Ethereum (ETH) have
The whirlwind that was the end of 2024 saw XRP, the digital asset associated with Ripple, experiencing significant volatility. Following the surprising electoral success of Donald Trump in the 2024 U.S. presidential elections, financial markets stirred, and many crypto assets reacted sharply. While some currencies enjoyed unprecedented gains, XRP found itself in a precarious position,
In the ever-evolving landscape of cryptocurrency and blockchain technology, cybersecurity has emerged as a critical area of concern. A recent incident involving Animoca Brands, a leading figure in the blockchain gaming industry, serves as a stark reminder. The company’s co-founder, Yat Siu, fell victim to a sophisticated phishing attack that hijacked his X account, leading
In a significant development within Japan’s cryptocurrency market, SBI VC Trade, a subsidiary of SBI Holdings, is preparing to acquire accounts and assets from the struggling cryptocurrency exchange, DMM Bitcoin. This transition, scheduled for March 8, 2025, signifies the end of DMM Bitcoin’s tumultuous liquidation process, which was primarily triggered by a staggering $305 million
In recent years, Bitcoin has transcended the realm of digital currencies to emerge as a pivotal asset within geopolitical discussions. As various countries seek to establish national reserves of Bitcoin, the implications for financial sovereignty are profound. This scenario paints a picture of a global battleground where nations are competing to exert control over a
Cardano (ADA) has become a focal point in the cryptocurrency world, especially due to its close correlation with Bitcoin (BTC). The asset has mirrored various price fluctuations seen with BTC, experiencing a notable downturn that has raised questions about its future trajectory. As of early November, Cardano displayed significant bullish behavior. However, current developments suggest