Crypto News

Key takeaways Bitcoin is trading above the $43k level once again and could rally higher soon. Memeinator’s presale is now approaching the $2.5m milestone as more investors enter the project. The cryptocurrency market is having a positive week so far following the dip over the weekend. BTC is eyeing the $44k level once again and could rally higher in the short term. Meanwhile, Memeinator’s presale is now approaching a key milestone. BTC targets $44k Bitcoin, the world’s number one cryptocurrency by market cap, has been performing well since the start of the week. It is up by more than 2% over the last 24 hours and has recovered from the weekend’s dip.  At press time, the  price of Bitcoin stands at $43,647 per coin. If the bullish pattern persists, BTC could be eyeing the $44k level over the next few hours. Altcoins have also been performing well, with SOL and AVAX being some of the best performers.  What is Memeinator? The crypto market is recovering from i...

NEAR Protocol (NEAR) price rose 20% on Wednesday to hit $3 as TVL reached $76 million. Technical indicators suggest bulls have the upper hand and could target $6.00. NEAR Protocol (NEAR) is one of the top performing crypto assets today, alongside the skyrocketing Solana (SOL), Stacks (STX) and Injective (INJ). With Bitcoin (BTC) breaking above $44k and Solana flipping XRP in market cap, it’s been an eventful 24 hours for the crypto market. What next for NEAR price? According to data from the NEAR block explorer , the latest upsurge in price of the sharded proof-of-stake blockchain’s native token has come as the total count for unique addresses rose sharply.  The total value locked in the NEAR ecosystem has also increased, with DeFiLlama data showing TVL has risen from $55 million on December 17 to over $76 million on December 20.  A look at the NEAR Protocol technical picture shows the Relative Strength Index (RSI) currently sits at 73.  While it’s piercing into ...

Paving the way for digital securities legislation, the UK partners with finance and tech sectors. Pullix, a hybrid exchange, introduces PLX token, “Trade-to-Earn” concept, and a diverse ecosystem. Pullix’s ecosystem includes off-chain order book, lending protocol, and VaultX. In a significant move toward embracing the burgeoning crypto landscape, the UK government has announced plans to partner with financial and tech sectors to establish legislation for digital securities. Concurrently, Pullix , an emerging player in the crypto space, is making waves with its unique approach and ongoing presale. This article delves into the details of the UK’s crypto-friendly initiatives and sheds light on Pullix’s innovative features and tokenomics. UK government’s push for digital securities legislation The United Kingdom, under the leadership of Prime Minister Rishi Sunak, is positioning itself as a hub for the crypto industry. A key development in this strategy is the government’s collabor...

Shiba Inu and Viction are partnering with D3 Global to bring real domain names to SHIB and VIC holders. The .shib and .vic domain names could open up the Shiba Inu and Viction ecosystems to global users. The firms aim to apply and obtain the TLDs during ICANN’s next window. Shiba Inu (SHIB) and Viction (VIC) communities could soon have access to .shib and .vic internet domain, thanks to the blockchain platforms’ partnership with domain name firm D3 Global. The application for the domain names could see Shiba Inu and Viction expand their ecosystems, bringing more people across the globe to SHIB and VIC. .shib and .vic domains big move for Shiba Inu and Viction D3 officially announced the exclusive partnerships with Shiba Inu and Viction via a press release shared with CoinJournal. According to the D3, the firms are teaming up to apply and secure the Top-Level Domains (TLDs) through ICANN during its next application window. We're partnering with @ShibToken to apply for a...

Solana (SOL) briefly flipped XRP as its market cap rose above $33 billion. Analysts are bullish on SOL price, noting the potential for upside continuation. Meme Moguls (MGLS), a new meme-based token, is creating waves in the market as its presale breezes through stage 2. Solana (SOL) has outperformed Bitcoin and all top altcoins in the past few months. As bulls looked to strengthen above $70 on Wednesday, Solana’s market cap briefly flipped that of XRP. Elsewhere, meme-based crypto token Meme Moguls (MGLS) looks poised for a potentially explosive 2024. Solana price prediction as SOL briefly flips XRP Solana (SOL) has soared more than 600% since its lows in December 2022. The smart contracts blockchain platform’s native token has in the process recouped losses suffered when the broader contagion caused by the collapse of crypto exchange FTX pushed SOL to below $10. Having traded to highs of $79, Solana bulls are likely to eye $100 in coming weeks as its bullish momentum stren...

Recent DEX exploits ignite demand for secure investment platforms. Pullix revolutionizes online trading, integrates crypto, anonymity, and security. Beyond a digital currency, Pullix’s PLX token ensures rewards and economic stability. The decentralized finance (DeFi) space has witnessed a series of setbacks, with recent exploits targeting major decentralized exchanges (DEXs). Notably, the OKX DEX suffered a $2.7 million hack, KyberSwap faced a nearly $50 million attack , and the AURY-USDC pool on Camelot DEX was drained . In the wake of these incidents, Pullix emerges as a beacon of innovation and security in the dynamic realm of online trading. New platform offers alternative investment opportunity Amidst growing concerns about the security of decentralized exchanges, a new platform Pullix is has emerged as a pioneering solution that seamlessly integrates online trading, cryptocurrency, and anonymity. Unlike traditional online brokers grappling with regulatory red tape, slo...

Marathon Digital will pay $179 million to acquire two Bitcoin mining sites with 390 megawatts of capacity from Generate Capital. MARA stock surged by 9% after the news, bringing year-to-date gains to over 530%. Bitcoin was trading above $42k, up 2.2% in the past week after paring recent gains. Bitcoin mining firm Marathon Digital is set to add to its mining capacity and reduce the cost of mining BTC when it completes the purchase of two Bitcoin mining sites for $179 million. Marathon will buy the two mining sites from subsidiaries of Generate Capital at a cost of $458,000 per megawatt, with this paid for in cash, the company said in a press release . In total, the deal will see Marathon add 390 megawatts to its mining capacity. Marathon to reduce cost of mining BTC According to Marathon, the transaction will be its “first fully owned sites”, adding to the 3% of 584 megawatts it directly controls in its portfolio. The deal should see Marathon’s capacity jump to 910 megawatts, w...