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Tether CEO Says His Firm Wants to Drive Toward a ‘Crypto Payment Solutions Relationship With Rumble’

Video-sharing platform Rumble (Nasdaq: RUM) says it has signed a strategic partnership with Tether (USDT), as part of which it will receive $775 million from the stablecoin issuer. The investment involves Tether purchasing 103.33 million shares of Rumble’s Class A common stock at $7.50 per
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What’s Behind the Pre-Christmas Crypto Crash? Jamie Coutts Breaks It Down

Crypto markets are in turmoil, with steep declines in major assets like Bitcoin and Ethereum since Dec. 18, 2024. The downturn began immediately after the Federal Reserve’s FOMC meeting, where policymakers issued a cautious statement about monetary policy and Jerome Powell, the Fed Chair, provided
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Why Is Crypto Down Today?

The cryptocurrency market is down by over $200 billion in the last 24-hour period and by around $600 billion in the past week amid a significant downtrend that has been caused by several factors, including the Federal Reserve cutting interest rates by 25 basis points and its Chair Jerome Powell
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Altcoin Surge Imminent? Key Technical Indicator Flashes Buy Signals for XRP, SOL, MKR, and WLD

Several altcoins including the native token of the XRP Ledger, Solana’s native token SOL, Maker’s governance token MKR, and Worldcoin’s WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.

According to data shared by on-chain analyst
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GateUser-c71a8bd2vip:
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GateUser-c71a8bd2vip:
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Marinade Finance Makes Strategic Investment in SuperSol

Dubai, United Arab Emirates, December 19th, 2024, Chainwire

Marinade Finance Makes Strategic Investment in SuperSolto Boost Solana’s Growth and Enhance Layer-2 Capabilities

The Solana ecosystem has been witnessing rapid growth and evolution, with demand for scalability, performance, and
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Why Is XRP Down Today?

The Federal Reserve has cut interest rates by 25 basis points yesterday in a widely expected move, yet markets crashed after its Chair Jerome Powell suggested a potential easing of the interest rate-cutting cycle next year.

Powell’s comments led to a wide sell-off in risk assets across both the
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LittleStarLittleWishvip:
Who didn't fall today

Bitwise CIO Explains Why He Does Not See Latest Crypto Crash As Anything More Than a ‘Hiccup’

Late Wednesday (U.S. hours), Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, took to the social media platform X to comment on the Fed’s announcement and its impact on the crypto market.

On Wednesday, the Fed announced the decision of the Dec. 17-18 meeting of its
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Sonic Labs Launches the Sonic Mainnet: EVM-Compatible, Verifiable 10,000 TPS, and Sub-Second Fina...

George Town, Cayman Islands, December 18th, 2024, Chainwire

Sonic Labs today announced the launch of the Sonic mainnet, an EVM-compatible layer-1 blockchain platform that offers developers attractive incentives and powerful infrastructure.

With 10,000 transactions per second (TPS), sub-second
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Crypto Trader Turns $10,000 Into $5 in Seconds Over Failed Token Swap

While various cryptocurrency traders and non-fungible token (NFT) enthusiasts have recently benefitted from the massive Pudgy Penguins airdrop, one crypto trader saw massive losses during a failed token swap associated with low liquidity.

The trader attempted to capitalize on the cryptocurrency’s
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Cardano Whales Capitalize on ADA Price Dip to Scoop Up $160 Million in Tokens

Whales on the Cardano ecosystem took advantage of the recent cryptocurrency market dip to keep accumulating, after realizing some of their gains when the price surpassed the $1.15 mark earlier this month.

According to data shared by popular cryptocurrency analyst Ali Martinez, when Cardano traded
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GateUser-a2802b5evip:
To The Moon 🌕

BlackRock’s Ethereum ETF Surpasses 1 Million ETH Holdings

The spot Ethereum exchange-traded fund (ETF) launched by the world’s largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens.

According to data from BlackRock’s website, the iShares Ethereum Trust ETF (ETHA) the fund now holds
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GateUser-0cadfd6bvip:
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VanEck’s Matthew Sigel Predicts U.S. Strategic Bitcoin Reserve At National or State Level in 2025

Matthew Sigel, head of digital assets research at global asset management firm VanEck, suggested in a recent interview with Natalie Brunell that the U.S. government might establish a strategic Bitcoin reserve in 2024. He speculated that this could involve reclassifying the approximately 200,000
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Caldera Launches Support for SVM, Becoming First Multi-VM Rollup Platform

San Francisco, CA, December 18th, 2024, Chainwire

Caldera, the industry-leading Rollups-as-a-Service (RaaS) platform powering major blockchains including Manta Pacific, Injective, Apechain, and Kinto, today announced the integration of the SOON stack, enabling developers to deploy Solana Virtual
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SwissBorg Leverages Cordial Systems to Secure Customer Assets

New York, New York, December 18th, 2024, Chainwire

Cordial Systems, a leading provider of institutional-grade self-hosted wallets, has deployed its Cordial Treasury product at SwissBorg, a regulated crypto exchange based in Switzerland with billions of dollars in customer deposits

As a leading
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Why Is XRP Down Today?

The cryptocurrency market has been on a significant uptrend over the past month, adding in around $600 billion to its total market capitalization over the period amid a bull run that helped Bitcoin top the $100,000 mark for the first time ever.

XRP was a major beneficiary of the recent
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