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meme coin surge as crypto all stars presale nears twenty million dollars
Meme coins are gaining traction as Bitcoin approaches $110,000, with notable performances from BONK and WIF, which have seen significant gains this year. Meanwhile, the presale for the new meme coin, Crypto All-Stars, is nearing $20 million, offering staking rewards for popular tokens like PEPE and Shiba Inu, with an impressive APR of 155%. As the market evolves, investors are keenly watching these developments for potential profit opportunities.
CryptoPotato
Coinbase Global, Inc.
Crypto, Market Report
20:50 17.12.2024
real good food stock hits 52 week low amid financial struggles
Real Good Food (RGF) stock has plummeted to a 52-week low of $0.21, marking an 88% decline from its high of $1.82, with a market cap of just $8 million. The company faces significant challenges, including a debt-to-equity ratio of 5.02, negative earnings projections for 2024, and potential delisting from Nasdaq due to non-compliance. Despite these issues, RGF has expanded its distribution in 4,000 Walmart stores and increased its borrowing capacity to $46 million.
Investing.com
United States Dollar Walmart Inc. USA
Finance & Economy, Market Report
20:48 17.12.2024
fake uber driver arrested for stealing over 300000 in cryptocurrency
A man posing as an Uber driver in Scottsdale, Arizona, has been arrested for allegedly stealing over $300,000 in cryptocurrency from unsuspecting passengers. Nuruhussein Hussein, 40, is charged with multiple counts of money laundering and theft after he manipulated victims' phones to transfer funds to his own digital wallet. He is currently held on a $200,000 bail with strict conditions, including electronic monitoring and a ban on internet use.
dailyhodl.com
USA ETH
Regulatory & Legal, News Article
20:45 17.12.2024
Flipster and OverProtocol launch partnership with 200000 USDT giveaway campaign
Flipster has partnered with OverProtocol to launch a campaign featuring a $200,000 USDT giveaway, including the OVER Launchpool where users can stake OVER for daily USDT rewards from a 190,000 USDT pool. Additionally, a social media giveaway offers 10,000 USDT, with 200 winners receiving 50 USDT each. This collaboration aims to enhance user engagement and promote a more decentralized digital economy.
dailyhodl.com
OverProtocol USD POL Yongjin Kim
Finance & Economy, Press Release
20:45 17.12.2024
Terra Luna Classic upgrade set to enhance network efficiency and attract developers
The Terra Luna Classic (LUNC) v3.3.0 upgrade, set for December 17, aims to enhance tax mechanisms, improve network efficiency, and attract developers for decentralized applications. Supported by Binance, which will temporarily suspend deposits and withdrawals, the upgrade is part of broader community efforts to revive LUNC through increased utility and token burns. Recently, LUNC's price showed slight fluctuations, gaining 1.71% to $0.0001309, while USTC also saw a 1.81% increase, reflecting growing trader interest amid the upgrade.
Crypto News Flash
Crypto, Market Report
20:42 17.12.2024
new wave of cryptocurrency etfs expected in 2025 according to analyst
Bloomberg analyst Eric Balchunas predicts a significant increase in digital asset ETFs in 2025, starting with Bitcoin and Ethereum combo ETFs, followed by Litecoin and Hedera. He notes that Litecoin and HBAR have a better chance of approval than Solana and XRP, which face regulatory scrutiny from the SEC. The approval timeline may hinge on the new SEC administration and the resolution of complex legal issues surrounding these tokens.
dailyhodl.com
Franklin Templeton - Franklin M James Seyffart Eric Balchunas
Finance & Economy, Market Report
20:41 17.12.2024
pudgy penguins token plummets over 50 percent after launch
Pudgy Penguins’ PENGU token has plummeted over 50% shortly after its launch, dropping from a market cap of $2.8 billion to under $2 billion. Approximately half of the nearly 89 billion tokens have been distributed, with no specific use case announced yet, though governance roles are anticipated.The Pudgy Penguins NFT collection, launched in 2021, includes 8,888 unique NFTs, with a current floor price exceeding 16 Ether, or about $64,000. The project has also expanded to include Lil’ Pudgys and Pudgy Rods, while retail sales of Pudgy-branded toys have reached 1.5 million units.
Cointelegraph
United States Dollar Walmart Inc. USA
Finance & Economy, Market Report
20:39 17.12.2024
Dow faces longest losing streak since 1978 as stocks decline ahead of Fed decision
US stocks fell on Tuesday, with the Dow Jones Industrial Average on track for its longest losing streak since 1978, down about 0.8% after eight consecutive days of losses. The S&P 500 and Nasdaq also declined as investors awaited a likely 0.25% rate cut from the Fed.Retail sales rose 0.7% in November, exceeding expectations, while Nvidia's shares dropped over 10% from their November peak. Bitcoin prices briefly surpassed $108,000 before retreating to just above $106,500.
Yahoo Finance
United States Dollar NVIDIA Corporation USA
Finance & Economy, Market Report
20:33 17.12.2024
bitcoin price could surge to 190000 as analysts draw 2017 parallels
Crypto analyst Tony Severino suggests that Bitcoin could surge to $190,000, drawing parallels with the 2017 bull run's Elliott Wave count. He predicts a potential retracement to $104,000 before a rally, while other analysts foresee Bitcoin reaching $125,000 by year-end amid growing optimism about its status as a US reserve asset. Currently, Bitcoin trades around $106,559.
NewsBTC
United States Dollar Tony Severino Justin Bennett
Finance & Economy, Market Report
20:30 17.12.2024
ripple launches rlusd stablecoin on global exchanges amid early price premiums
Ripple's dollar-backed stablecoin, RLUSD, launched on global exchanges, trading at a premium of $1.50 due to early supply shortages. The token, compatible with Ethereum and the XRP ledger, aims to facilitate cross-border transactions and attract institutional adoption. Following its regulatory approval, Ripple plans to integrate RLUSD into its payment services for global banks next year.
Fortune Crypto
United States Dollar USA Jack Mcdonald David Schwartz
Finance & Economy, News Article
20:29 17.12.2024
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