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Bitcoin Technical Analysis: Bears Tighten Grip as Price Flirts with $93,000 Support – Markets and Prices Bitcoin News

Bitcoin, clocking in at $94,504 with a market cap of $1.87 trillion, witnessed a 24-hour trading session of around $53 billion, bouncing between $93,368 and $97,133 over the past day. The one-hour chart showed bitcoin taking a nosedive from its…

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  • December 27, 2024
  • News BTS

Bitget Whitepaper: Core Team to Burn 800M BGB Tokens, Making Up 40% of Supply

Cryptocurrency exchange Bitget has published a new whitepaper for its native token, Bitget Token (BGB), detailing plans to burn 800 million BGB tokens, worth over $5 billion at current market value. The core Bitget team will start with burning BGB…

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  • December 27, 2024
  • Markets

SHIB News: Chainlink Adds Several Memecoins to Its Services

Several popular memecoins were added to a number of Chainlink services over the weekend, allowing them to be offered on other networks or as data streaming services. In the past few days, Shiba Inu (SHIB) and its ecosystem tokens, Turbo…

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  • December 27, 2024
  • Markets

XRP Market Update: $123 Billion Market Cap Hangs in the Balance – Markets and Prices Bitcoin News

XRP’s price is currently chilling at $2.14, having dipped 1.1% in the last 24 hours. With a market cap of $123 billion, it ranks fourth behind tether (USDT), boasts a global trade volume of $5 billion, and has been bouncing…

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  • December 27, 2024
  • News BTS

Fake Zoom Link Targets Crypto Users, Leads to Multi-Million Dollar Theft: SlowMist Warns

A detailed report by blockchain security firm SlowMist reveals that a sophisticated phishing attack disguised as a fake Zoom meeting link has stolen crypto assets worth millions. The scam, first identified on November 14, 2024, targets users by distributing malicious…

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  • December 27, 2024
  • Markets

MicroStrategy Buys More BTC as Stock Becomes Member of Nasdaq 100 Index

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) MicroStrategy (MSTR), the software developer that has made acquiring bitcoin (BTC) a core value, added to its holding for a seventh week in a row. The company bought…

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  • December 27, 2024
  • News BTS

Cambodia’s Central Bank Greenlights Stablecoins and Backed Coins, Excludes Bitcoin

The National Bank of Cambodia (NBC) has permitted commercial banks and payment institutions to offer services involving Category 1 crypto assets, such as backed or stable cryptocurrencies. This marks the first time the NBC has approved such services, as outlined…

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  • December 27, 2024
  • Markets

BTC, XRP News: Metaplanet Picks up 620 Bitcoin as Ripple Token Leads Market Lower

XRP dropped 3% in the past 24 hours, leading losses among major tokens as bitcoin (BTC) started the festive week in the red and Japanese bitcoin accumulator Metaplanet (3350) announced its biggest purchase. The Tokyo-listed company said it bought a…

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  • December 27, 2024
  • News BTS

Pig Butchering Crypto Scams Cost Victims $3.6B in 2024: Report

According to a report by Web3 security firm Cyvers, publicized through Nairametrics, pig butchering scams emerged as the most significant threat to crypto users in 2024, accounting for $3.6 billion in losses. This type of long-term fraud, which involves scammers…

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  • December 27, 2024
  • Markets

Perp-Focused HyperLiquid Experiences Record $60M in USDC Net Outflows

HyperLiquid, a layer-1 blockchain and decentralized exchange for perpetual futures (perps), has experienced a notable outflow of the USDC stablecoin amid speculation North Korean hackers are interacting with the platform, according to a post on X by pseudonymous observer Tay,…

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  • December 27, 2024
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