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dogecoin plummets 23 percent as bitcoin and xrp also decline
Dogecoin has experienced a significant decline, dropping 23% this week to a current price of $0.31, following a peak of $0.48 in December. Other cryptocurrencies, including Bitcoin and XRP, have also faced losses, with Bitcoin down over 7% and XRP falling 9%. Despite the downturn, Dogecoin remains up 233% year-over-year, but its volatility is evident as rival meme coins like Dogwifhat and Shiba Inu have seen even steeper declines.
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Apple Inc. Donald Trump Liz Napolitano
Finance & Economy, Market Report
17:02 22.12.2024
SEC approves first hybrid Bitcoin and Ethereum exchange-traded funds
The SEC has approved the first hybrid Bitcoin-Ethereum ETFs, allowing Nasdaq and Cboe BZX to list the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF, respectively. Each fund will hold approximately 80% Bitcoin and 20% Ethereum based on market capitalizations. Grayscale has also filed to convert its Solana Trust into an ETF, aiming to enhance investor access.
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United States Dollar Euro Fidelity Contrafund Grayscale Investments LLC Nasdaq 100 Dec 24 BlackRock, Inc. NYSE ARCA BIOTECH INDEX USA Liz Napolitano Nate Geraci Sebastian Sinclair Eric Balchunas André Beganski Show more
Finance & Economy, Market Report
06:07 20.12.2024
coinbase europe delists stablecoins including usdt for eu regulatory compliance
Coinbase Europe has announced the delisting of several stablecoins, including Tether's USDT, to comply with the EU's Markets in Crypto-Assets (MiCA) regulation, which requires stablecoin issuers to obtain e-money authorization. Tether expressed concerns over the rushed actions of exchanges and is finalizing its plans for compliance in the region. Meanwhile, USDC and EURC remain compliant and will continue to be supported on the platform.
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Coinbase Global, Inc. USA DEU JPN Stacy Elliott Murtuza Merchant Liz Napolitano Show more
Finance & Economy, News Article
16:39 13.12.2024
avalanche secures 250 million in token sale ahead of network upgrade
The Avalanche Foundation has raised $250 million through a locked sale of its AVAX token ahead of the upcoming Avalanche9,000 network upgrade, which aims to significantly reduce deployment costs for app-specific blockchains. The testnet for this upgrade has already launched, with over 500 L1s in development and $40 million in retroactive grants available to incentivize builders. Scheduled for early 2025, the upgrade is expected to enhance the decentralized finance ecosystem and solidify Avalanche's position in the competitive blockchain landscape.
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Galaxy Digital Holdings Ltd. Dragonfly GF Co., Ltd Parafi Capital LP Ryan S. Gladwin Haseeb Qureshi Liz Napolitano Show more
Finance & Economy, News Article
16:33 12.12.2024
Peter Schiff calls for US to sell seized Bitcoin to cut deficit
Peter Schiff has urged President Biden to sell all federally held Bitcoin to reduce the 2024 budget deficit and eliminate plans for a "Strategic Bitcoin Reserve." Schiff argues that this move would prevent future administrations, like Trump’s, from establishing a national BTC stockpile. Meanwhile, countries such as Russia and Brazil are exploring their own Bitcoin reserves, highlighting the growing recognition of cryptocurrency as a hedge against inflation and geopolitical risks.
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United States Dollar u m a c , " : i o B y r e U { } S n t BRA USA POL RUS Donald Trump Andrew Throuvalas Joe Biden Peter Schiff Liz Napolitano Show more
Finance & Economy, News Article
13:34 10.12.2024
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