Crypto News Updates

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The world is filled with excitement over the new year and crypto investors have more than one reason to be thrilled. In addition to the highly anticipated Bitcoin-led bull run, meme coin enthusiasts are keen on iDEGEN’s listing slated for 1st January 2025.  The success of this one-of-a-kind social experiment is rooted on its ability to leverage the power of community and AI. As a result, there has been an overflow of investors seeking to be part of this project before it hits the public shelves. Indeed, the over $11 million raised in five weeks says it all.  Ripple price chart points to a sustained bullish trend XRP/USD has had a spectacular year; rallying by close to 240% year to date. Among the contributing factors is the overall bullish sentiment that saw Bitcoin surge past $100,000 for the first time ever. Beyond that, easing pressure from the SEC case and the incoming pro-crypto US administration has also bolstered ripple price in recent months. However, XRP price h...

Following its explosive climb, Shiba Inu gained household recognition in the market in 2021. Beginning the year at barely $0.0000000001 per coin, SHIB shot to an all-time high of $0.00008616 by October 28, 2021. This astounding rise of about 51,000,000% produced a tsunami of crypto millionaires and shot SHIB into international recognition.  But Shiba Inu is selling at roughly $0.00002288 per coin as of December 25, 2024, a considerable drop from its peak of approximately 73%. With SHIB’s price swings over 2024, this fall emphasizes meme coins’ instability and erratic character. Projecting a potential high of $0.0000344 in 2025, which would represent a 50.35% rise from its present value, analysts forecast a modest increase for SHIB. Still, Shiba Inu’s future development is unknown, especially in light of more recent, more creative ventures attracting investment interest. Rexas Finance (RXS): The Best SHIB Competitor? Rexas Finance (RXS), a cryptocurrency with a real-world use ca...

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Montenegro has completed the extradition of Do Kwon, the founder of collapsed crypto project TerraUSD/Luna. Kwon was arrested in Montenegro in 2023 and unsuccessfully fought extradition to the US. He is also wanted in South Korea over Terra’s $40 billion crypto implosion in 2022. Montenegro has finalized the extradition of Terraform Labs founder Do Kwon to the United States, Montenegro Prime Minister Milojko Spajic has said. The extradition comes just days after Montenegro’s Justice Minister Bojan Božović signed the extradition , with this coming on the back of the country’s Constitutional Court rejecting Do Kwon’s appeal. Montenegro Prime Minister confirms Kwon extradition “Today Montenegro completed the extradition of Do Kwon to the United States to face charges in the Terra/Luna case. Our nation welcomes innovation and legitimate crypto, AI and other tech entrepreneurs – but we have zero tolerance for fraud. This extradition demonstrates our unwavering commitment to internat...

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Multiple small cap cryptocurrencies are witnessing notable price gains as profit taking cools for the major coins. Zerebro and Goateus Maximus rank as two of the biggest daily gainers as Bitcoin regains support above $94k. As traders eye potential bullish momentum in the coming months, what’s the price prediction for AI agent token iDEGEN ? Will it explode to surpass sector rivals ai16z, ZEREBRO and GOAT? Is the outlook for Bitcoin key? What next for Bitcoin and altcoins? The overall sentiment remains bullish, but immediate action for most altcoins is slightly bearish. Analysts looking at Bitcoin and the altcoin market suggest the bull market correction may yet extend. For Bitcoin for instance, bulls may have to defend the $90k-$85k area if bears establish control short term. Ran Neuner, crypto trader and founder of Crypto Banter, has pointed to the Crypto Fear & Greed Index. He shared via X: “Corrections are a function of a change in sentiment from exuberance to fear. In ev...

As Cardano (ADA), Ripple (XRP), and Rexas Finance (RXS) show strong bullish signs, the cryptocurrency market is humming with anticipation. Investors see enormous possibilities as Cardano forms a bullish symmetric triangle, Ripple rides a wave of impressive gains, and Rexas Finance expands the possibilities of real-world asset tokenizing. Let’s dissect the present patterns and explain why these three tokens are worth observing. Cardano (ADA) Targets $3.1 With a 24-hour trading volume of $2.71 billion and a price today of $0.7707 as of writing, Cardano’s ADA has jumped by 21.72% over the past thirty days; technical indicators point to this movement as maybe only the start. With analysts forecasting ADA might jump to $3.1 in the near term, the optimistic symmetric triangle pattern points to a possible breakout. Strong foundations and increasing acceptance of Cardano’s blockchain technology help this pattern, which usually indicates the continuance of the upward trend. Cardano is a dar...

Despite rising by over 250% in 2024, XRP price could test $1.96 as 2025 starts. Eyes are on the outcome of the US SEC appeal. Amid the XRP price uncertainties, iDEGEN has emerged as a possible alternative investment. XRP price analysis suggests a potential decline below the $2 mark as 2024 comes to a close, despite its impressive gains throughout the year. However, amidst this uncertainty, iDEGEN emerges as a promising alternative for investors eyeing significant returns. With its innovative AI-driven model and dynamic presale strategy, iDEGEN could be on track for substantial growth, potentially offering up to 5x gains by 2025. A possible 25% XRP price pullback Ripple (XRP) has been on a rollercoaster this year. Its price has surged over 250% since the start of 2024, reaching above the $2 threshold for the first time since 2018. Technical analysis and market sentiment hint at a possible correction with the current chart patterns showing signs of exhaustion after such a rapi...

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Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X. The market expects an annoncement that the company has acquired another chunk of BTC. Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29 MicroStrategy founder Michael Saylor has posted the company’s Bitcoin (BTC) tracker chart on X again. In recent months, every such post has been followed by an announcement that the world’s largest corporate holder of the flagship digital asset had acquired another haul. Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase. NEW: Michael Saylor posted his BTC purchase tracker again, which means MicroStrategy will announce another HUGE #Bitcoin purchase tomorrow. SAYLOR IS THE GOAT 🐐 pic.twitter.com/48RTgEE1ud — Nikolaus Hoffman (@NikolausHoff) December 29, 2024 Noticeably, MicroStrategy has acquired additional BTC for billions of dollars in recent mon...

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Theta Network, the decentralized cloud platform for artificial intelligence, media and entertainment, is among the top trending projects today in terms of market performance. Analysts predict bullish potential for THETA price, with support expected around $1.8 Data from CoinGecko shows the native Theta Network (THETA) token has surged by more than 10% in the past 24 hours at the time of writing. Theta ‘s price gains on the day come as the broader AI sector records upward momentum. In the past day, several AI-powered projects and meme coins have increased in value as bulls target new forays ahead of a potentially defining few months. NEAR Protocol (NEAR), Internet Computer (ICP), RENDER (RENDER), Artificial Superintelligence (FET) and Virtuals Protocol (VIRTUAL) were all in the green over the past 24 hours and week. These gains have also seen tokens such as ai16z, aixbt and Fartcoin rally, with the AI meme sector recording even higher returns in the same period as the AI agent mar...

VERUM price jumped more than 70% to hit a new all-time high above $3,163. The cryptocurrency’s value has increased amid key wallet integrations. Verum Coin (VERUM) outperformed the top 500 cryptocurrencies by market cap in the past 24 hours as its price jumped 70% to hit a new all-time high. The altcoin ’s price rose as the broader market experienced a slow Christmas week, with Bitcoin remaining ranged below $95k and Ethereum, XRP and Solana all retesting key levels. Gains push VERUM price to new high On Dec. 29, VERUM price hit a new all-time high above $3,163 – a new ATH that meant the token’s value traded at levels over 2,200% higher than its all-time low of $131 reached in June 2024. Verum Coin had initially plummeted from highs above $2,200 early this month and stagnated around $1,150 over the past week as BTC retraced further after paring gains from the parabolic surge to above $108k. With the latest moves, VERUM has surged more than 179% in the past week. The current p...

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Key takeaways The iDEGEN team has raised nearly $10 million in its presale. The pre-market auction will end three days before $IDGN is listed on exchanges.  What is iDEGEN? The cryptocurrency market experienced a boom in 2024, with several new projects hitting the market. New projects that could change how investors view the market in 2025 are emerging.  iDEGEN is a project that could change how investors view meme coins. The project merges the AI and memecoin ecosystems, ensuring investors take advantage of both.  iDEGEN is a meme project that leverages the benefits of AI in a bid to create the next billion-dollar memecoin. According to its whitepaper, iDEGEN is a tool designed to learn, evolve, and adapt by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool.  Memecoins have gained massive adoption in recent years and have become a $45 billion ecosystem. With its growing importance in the crypto space, meme coi...

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Shiba Inu (SHIB) has long dominated the memecoin market, attracting retail and institutional investors. However, Rexas Finance, a $0.150 utility-rich cryptocurrency, is currently challenging its market position. Rexas Finance’s revolutionary real-world asset (RWA) tokenization and focus on actual use cases are changing the industry, unlike Shiba Inu, which relies on community interaction and speculative trading. Rexas is drawing institutional interest and pitching itself as a digital asset game-changer with features like the Token Builder and Launchpad.  As Rexas Finance grows, it could challenge Shiba Inu’s supremacy and provide investors with a more viable long-term growth and financial inclusion option. Shiba Inu (SHIB): Feeling The Heat Of Rexas Finance   As of December 26, 2024, Shiba Inu Token is trading for $0.000021 per token. It reportedly has a market cap of $12.93 billion and a reported daily trading volume of $665.92 million, placing the coin at the top of the cr...

The $21 million BTC purchase follows the KULR’s announcement on Dec. 4. Other companies to launch a Bitcoin treasury strategy in recent weeks include Rumble, Marathon Digital, Semler Scientific and Thumzup. MicroStrategy is the biggest corporate holder of Bitcoin with over 444k BTC KULR Technology Group, Inc., listed on the New York Stock Exchange, is the latest tech company to adopt Bitcoin as a treasury asset. A few weeks after the energy management platform announced plans to add BTC to its treasury, the company announced on Dec. 26 that it had officially begun the initiative. KULR said in a press release that its first purchase involved 217.18 bitcoin acquired for $21 million. KULR’s bitcoin bag was acquired at the average purchase price of $96,556.53 per BTC. On Dec. 4, when the publicly-listed company disclosed its Bitcoin treasury strategy, it revealed plans that included allocating up to 90% of the firm’s surplus cash to the flagship cryptocurrency. KULR Technology ...

The cryptocurrency market is likely to see another surge as Donald Trump returns to office for a second term. US politics is known for its extremes, and during Republican leadership, we have observed a shift towards a business-friendly approach and more deregulation. This scenario can lead to mass adoption of digital assets and further propel key cryptocurrencies. Rexas Finance (RXS), Bonk, TRON, Dogecoin, and Hedera are among the tokens expected to benefit. All these projects have a good foothold, real-world applications, and a notable increase in interest, which clearly makes for an explosion in growth with the right catalyst. Rexas Finance: Paving the Way for the Future of Blockchain Technology One such project is Rexas Finance (RXS), which plans to complement evolution in the form of a digital asset through the tokenization of real-world assets. Real estate precincts, fine arts, and precious metals are a few examples of markets that RXS has access to, something that was previou...

MEXC , the world’s leading cryptocurrency trading platform, officially launches the Meme+ Zone on the app. About The MEXC Meme+ Zone The MEXC Meme+ Zone focuses on trending on-chain projects, combining the advantages of spot trading and on-chain transactions. With the adoption of an order-book model, the platform ensures strong token liquidity, significantly reducing slippage and enabling faster and more efficient trades. In the Meme+ Zone, users can seamlessly trade high-potential early-stage memecoins without requiring a Web3 wallet, private key, or seed phrase. By introducing this new feature, MEXC aims to provide users with a specialized trading area, offering access to a broader range of trading options and early investment opportunities in popular on-chain projects. Why Choose the Meme+ Zone? Simplified Selection: The Meme+ Zone acts as a “coin hunter’s paradise,” curating trending memecoin projects to save users the hassle of monitoring complex data, making investments mo...

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Ethereum ETFs inflows are outdoing Bitcoin ETF inflows. BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024. This Market shift may signal an altcoin season in 2025. In a surprising turn of events in the cryptocurrency market, Ethereum spot ETFs have been experiencing significant inflows, overshadowing the outflows noted in Bitcoin ETFs. On December 23, 2024, Ethereum ETFs recorded a net inflow of $130.8 million, with BlackRock’s iShares Ethereum Trust (ETHA) ETF leading with $89.50 million and Fidelity’s Ethereum ETF (FETH) adding $46.40 million according to Coinglass data . In stark contrast, Bitcoin ETFs saw outflows totalling $226.50 million on the same day. This trend has been consistent over recent weeks. For instance, on December 12, Ethereum spot ETFs had a cumulative net inflow of $273.70 million, continuing their streak of 14 consecutive days with positive inflows. BlackRock’s ETHA ETF alone saw a single-day net inflow of $202.30 mi...

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The Nasdaq exchange has announced its yearly reshuffling of the top 100 largest non-financial companies by market capitalisation and will add MicroStrategy to the list for the first time. The growth in MicroStrategy’s stock price, fueled by Bitcoin’s positive performance, has ballooned its market value, allowing it to qualify for inclusion. MicroStrategy’s stock will be exposed to passive investment opportunities by being included in Invesco’s QQQ and other ETFs that invest in the Nasdaq’s top companies. The Nasdaq 100 index tracks the 100 largest companies on the Nasdaq exchange. The companies included are usually recipients of passive fund flows from popular ETFs. With a market capitalisation of $97.94 billion, MicroStrategy is the 40th largest company on the Nasdaq exchange, largely due to its massive Bitcoin treasury. The company’s share price has risen 505% since the start of the year, ballooning its market capitalisation from roughly $15 billion on Jan. 2 2024 to its curre...

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As AI takes over the crypto space, one project stands out; iDEGEN . Just three weeks into its presale, it’s price has rallied by close to 90,000%. Besides, the crypto-friendly environment that President Trump is cultivating is set to bolster the new entrant as well as other established cryptos. In fact, it is one of the aspects that has boosted XRP and Dogecoin’s price in recent weeks.  Ripple’s bull run has just begun Ripple price traded in the red in the just concluded week after five consecutive weekly gains. Even with the pullback, its gains year to date are at around 380%, having rallied to a 7-year high earlier in December.  In addition to the bullish sentiment that has bolstered the broader crypto market post Trump’s win, the altcoin has become more attractive to investors as its final settlement with SEC looms. Besides, the incumbent US president, Donald Trump, has promised to ease crypto regulations.  The actualization of these assertions will be beneficial...