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As Dogecoin's trading volume shrinks, analysts worry about the sustainability of its 300% YTD growth, especially with DOGE struggling to break past $0.48.
Messari predicts that Solana will continue to lead its rivals in several important areas, helping to boost SOL's price over time.
Pudgy Penguins has officially launched its PENGU token on the Solana blockchain, with burning set up in 88 days.
Metaplanet's stock price surged 51% after announcing plans to issue 4.5 billion yen in bonds to fund additional Bitcoin purchases.
New body will be chaired by the head of the domestic crypto exchange Coincheck
Cardano faces sell-off pressure as whales offload $200 million in ADA. Will it drop below $1, or can a resistance break revive bullish momentum?
During this airdrop frenzy, Pudgy Penguins not only successfully boosted the price of its NFTs but also further expanded its community and ecological influence. However, the benefits brought by the airdrop also stimulated a large amount of speculation, causing dissatisfaction within the community.
XRP whales snap up $2.17B in tokens as bullish momentum builds. Will XRP break to $3.50, or is a correction to $1.98 imminent?
Although bitcoin hitting $120k by year’s end is looking unlikely
- 12:00Interactive Brokers: MicroStrategy benefits from its self-fulfilling feedback loopSteve Sosnick, the chief strategist at Interactive Brokers, pointed out last week that Michael Saylor's strategy for MicroStrategy is to issue convertible bonds and use the proceeds to buy Bitcoin. This is essentially a definition of leveraged trading - borrowing money to buy financial assets. This method works very well when the price of an asset moves in your favor, and Bitcoin has performed quite impressively. But if it moves in the opposite direction, this method can collapse in an annoying way. Steve Sosnick emphasized that MicroStrategy benefits from a "self-fulfilling feedback loop". It bought more Bitcoins, which helped push up prices, then sold more debt and stocks to buy even more Bitcoins, further pushing up prices. But such things never go on forever and often end badly - the question is when? The short-term answer seems to be not yet.
- 11:50Pump Science will distribute approximately 4.68 million dollars in bAInance airdrops to RIF and URO holdersPump Science announced that RIF and URO holders can receive bAInance airdrops via Streamflow in the next 30 days. The total amount of the airdrop is approximately $4.68 million, with about 37,000 airdrop addresses.
- 11:45Musk: Grok can recognize and interpret almost any imagePANews reported on December 24 that Elon Musk just posted that Grok can recognize and interpret almost any image, from medical records to World War II aircraft to Internet memes.
