Bitcoin and altcoins fall, market loses over $140 billion
After a string of record gains that pushed Bitcoin to an all-time high of $108,000, the coin has seen a drop of more than $4,000 in the past few hours to settle just above $104,000. This correction resulted in a total loss in cryptocurrency market cap of about $140 billion, bringing it to just over $3.85 trillion.
PENGU Cryptocurrency and Pudgy Penguins NFTs Drop Big: Details
The new digital currency PENGU from the “Pudgy Penguins” group has suffered a sharp decline in its value one day after its launch. According to CoinGecko data, the price of the coin fell by 57.8% within 24 hours, reaching $0.02892. The coin’s launch on December 17 saw 62.8 billion PENGU distributed to eligible NFT holders and team members. Despite the initial surge that propelled the coin into the top 100 cryptocurrencies by market cap, it quickly lost more than 60% of its value, falling from $0.06845 to a low of $0.027.
A huge meme is coming, officially supported by Shiba, whose market value is $16 billion. I'm talking about the meme $SHIFU.
The meme Shiba ($SHIB ) announced its partnership with $SHIFU.
The subscription will start after 24 hours from now, and the listing is expected after a week 🔥
There will be an airdrop for Shiba and Bubble holders, as well as Shiba's ICO system, and the subscription will start after 24 hours, and the distribution will be 100% upon listing 👌🏻 $SHIB
A huge meme is coming, officially supported by Shiba, whose market value is $16 billion. I'm talking about the meme $SHIFU
The meme Shiba ($SHIB ) announced its partnership with $SHIFU The subscription will start after 24 hours from now and the listing is expected after a week 🔥
There will be an airdrop for Shiba and Bubble holders, as well as Shiba's ICO system, and the subscription will start after 24 hours and the distribution will be 100% upon listing 👌🏻
In this post, I will explain to you my point of view why $XRP is not comparable to any currency in the market.
Today the stablecoin $rlusd pegged to $xrp will be launched In this post, I will explain to you my point of view why $XRP is not comparable to any currency in the market. This analysis should not be used for speculation or to create FOMO, but rather as a long-term view. RLUSD idea summary: Ripple has announced the launch of a new stablecoin called RLUSD. Its value is equivalent to the dollar, meaning that each unit of currency has a bank reserve equivalent to $1, which gives it greater confidence.
How do we deal with our currencies in the current situation?
The acquisition is very high, and by the way, the acquisition is expected to return to 62% within weeks, and it will even reach 65%
The best way to deal with the market now is to accumulate in stages if you have cash...and ignore the corrections if you are buying until your goals are achieved$XRP
I mean areas of extreme confusion because Bitcoin is at historically clear peaks that it has never reached before
Treachery from here is very likely with rapid falling candles
Therefore, no matter how optimistic you are about the currency season, providing a cash portion is a very important and very good option that only a gambler and adventurer would give up on now.
- A cash portion of the wallet is very necessary at this moment ... A cash portion, not a complete exit
This is what I am doing now, but you are the one who makes your own decision, of course ✅$BTC
Bitpanda receives preliminary approval from VARA in the UAE
European crypto platform Bitpanda has announced that it has received preliminary approval from the Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates, less than eight months after submitting its application. This step comes as part of the company’s strategy to expand outside Europe, as it will later operate under the name “Bitpanda Broker MENA DMCC” once it obtains the full license.
Billionaire Michael Novogratz, CEO of Galaxy Digital, rules out the possibility that the US will implement Trump’s proposal to build a strategic reserve of Bitcoin – but if it is built, Novogratz predicts the cryptocurrency could soar to $500,000
Summary of the most important cryptocurrency news for December 17, 2024:
Before you start, we are a page specialized in publishing the latest news and analyses of digital currencies. Please help us by liking and following us so that we can publish more. Summary of the most important cryptocurrency news for December 17, 2024: 1.Bitcoin hits new high:$BTC Bitcoin has risen by 3.13% in the past hours, surpassing the $106,000 barrier, with expectations of the upward trend continuing.
#Bitcoin price hits record high above $107k as President-elect#DonaldTrumpbacks crypto assets, optimism over upcoming inclusion of cryptocurrency holding company MicroStrategy in major US stock index$BTC
Binance Announces “Binance Alpha”: A Platform Specialized in Discovering Crypto Startups!
Before you start, we are a page specialized in publishing the latest news and analyses of digital currencies. Please help us by liking and following us so that we can publish more. Binance has announced the launch of Binance Alpha, an innovative platform that aims to highlight early-stage crypto startups with significant growth potential within the Web3 ecosystem.
Here are the details of the launch of the “PENGU” coin on Binance and its airdrop
Pudgy Penguins, the second-largest NFT collection by market cap, announced the launch of its PENGU token today, with it being listed for immediate trading on Binance. Binance has confirmed that it will offer trading pairs for the coin, including USD, BNB$, FDUSD, and TRY. Distribution details #PUNGU : PENGU will launch with a total supply of 88,888,888,888 coins, with the following allocations: