Day: January 5, 2025

Shiba Inu Price Struggles Amid Market Volatility

The Shiba Inu (SHIB) price dropped 5% in the past 24 hours, trading at $0.000024 on Sunday, January 5. This underperformance contrasts with the broader crypto market, where rivals like Dogecoin (DOGE) and PEPE reached new peaks at $0.40 and $0.00020, respectively. After hitting resistance at $0.000025 on January 3, SHIB is now hovering above […]

Pudgy Penguins’ PENGU Token Soars Amid NFT Decline

The Pudgy Penguins ecosystem is making waves as its native token, PENGU, surged 13% on January 5, trading at $0.040. This marks a remarkable 250% increase since its launch on December 17. Despite the rally, the token’s market cap has dipped slightly from its debut valuation of $2.8 billion to $2.5 billion, according to CoinGecko. […]

Chile Eyes Strategic Bitcoin Reserve in 2025

Chile is making strides toward becoming a more Bitcoin-friendly nation in 2025. Gael Yeomans, a Chilean deputy, has proposed forming a Bitcoin bench in Congress to promote cryptocurrency research and introduce Bitcoin-focused regulations. Over 20 lawmakers have joined discussions to position Chile as a leader in cryptocurrency adoption, both in Latin America and globally. Strategic […]

Worldcoin Faces Volatility Amid Whale Activity Decline

The Worldcoin (WLD) ecosystem is grappling with a fresh challenge following Germany’s directive to delete iris scans, intensifying concerns over privacy and regulatory compliance. This development has further complicated Worldcoin’s adoption efforts, casting uncertainty over its short-term trajectory. Market reactions to the directive are already evident, with whale activity—a key driver of WLD’s price momentum—experiencing […]

Fed Official Warns of Inflation Risks in 2025

Federal Reserve Bank of Richmond President Thomas Barkin has cautioned that the risk of an inflationary wave in 2025 is greater than many investors anticipate. Speaking at the Maryland Bankers Association in Baltimore, Barkin noted that wage pressures and other price drivers could push inflation higher. “There is more upside risk than downside risk to […]