Tron (TRX) recently reclaimed a top-10 crypto ranking after soaring to a new ATH. Amidst a broader market resurgence, the Tron blockchain has been seeing impressive strength. In fact, the total value locked (TVL) on the blockchain surged to $36.2 billion on December 4. This figure marked a new all-time high...
Bitcoin Plunges to $98K Amid Heightened Volatility
Bitcoin's price plunged to almost as low as $98,000, leaving over $400 million in liquidated long positions. It’s been a rollercoaster of a day for Bitcoin. Its price reached a historic all-time high above $100,000 earlier, followed by a plunge toward $98,000 moments ago. As CryptoPotato reported earlier, the move above $100K...
MARA Closes $850M Convertible Note Offering to Boost Bitcoin Holdings
MARA’s latest zero-interest notes mature in 2031 and can convert into cash, shares, or a mix, with proceeds projected at $835M to $985M. MARA Holdings, Wall Street’s largest publicly traded Bitcoin miner, has successfully closed a second $850 million offering of convertible senior notes. The company made the announcement on...
Viral Catslap Meme Coin Prepares for CEX Launch This Friday – Could it Explode Like Popcat?
A new cat-themed meme coin is taking the crypto market by storm. Catslap (SLAP) will start trading on the MEXC exchange this Friday – just over two weeks after it was created. Some traders are now drawing comparisons to Popcat (POPCAT), which saw explosive gains after it listed on MEXC...
Bitcoin Breaks $100K – Could XRP, RENDER, STARS Soar Next?
It finally happened – Bitcoin has broken past the $100,000 mark. Crypto investors are going wild over this milestone, and many believe BTC’s momentum is just getting started. However, some are already looking towards the altcoin market. And with XRP, RENDER, and STARS beginning to gain traction, these coins could...
Metaplex Protocol Achieves Record-Breaking Protocol Fees in November 2024
[PRESS RELEASE – Cayman Islands, Cayman Islands, December 4th, 2024] Metaplex, the blockchain protocol used to create virtually every token, memecoin, and NFT on Solana, saw record-breaking protocol fees in November, fueled by a surge in digital asset creation on Solana. Rise in Solana Token Creation Drives Record Protocol Growth...
Fed Chair Likens Bitcoin to Gold, Says It’s Not a Rival to the Dollar
Powell dismissed concerns over faith in the dollar, asserting that Bitcoin's volatility keeps it from mainstream adoption. Federal Reserve Chairman Jerome Powell has dismissed the idea that Bitcoin could replace the U.S. dollar, likening the cryptocurrency to gold as a speculative asset rather than a store of value. Powell shared...
USDC Stablecoin Issuer Circle Announces Layoffs Amid Operational Review
Less than 6% of Circle's workforce has been slashed following a review of its operations. Circle Internet Financial Ltd., the company behind the second-largest stablecoin in the cryptocurrency market USDC, announced layoffs following a routine operational assessment. According to the Bloomberg report, the job cuts impact under 6% of the...
Binance Unveils On-chain Yields With Babylon Bitcoin Staking
The Binance Babylon Bitcoin Staking product will be available on December 10 with a limited quota of 1,000 BTC available to users on a first-come, first-served basis. The world’s largest crypto exchange has announced the launch of an on-chain yield feature on its Binance Earn platform. According to an official...
Experts and Analysts React to Bitcoin’s Surge Past $100K: What’s Next?
While some market analysts see a short-term target for bitcoin at $112,000, others believe the leading cryptocurrency is still in its early stages. Bitcoin’s (BTC) 7% surge above $100,000 in the past 24 hours has ignited a massive reaction in the crypto community. Market experts and analysts are discussing factors...
