BONK’s Bold Burn to $0.11
BONK, the meme coin sensation, has unveiled an ambitious plan to burn 1 trillion tokens as part of its “BURNmas campaign.” With a lofty price target of $0.11, this move could represent an extraordinary 328,000% gain from its current price of $0.0000339. The campaign has garnered massive attention, especially after BONK surged 30% in the […]
Tether’s $10B Profit Powerhouse
Tether Holdings Ltd., the issuer behind the widely used USDT stablecoin, is on track to achieve record-breaking profits of over $10 billion this year. According to CEO Paolo Ardoino, more than half of the company’s net income will be channeled into strategic projects aimed at diversifying Tether’s portfolio and cementing its dominance in emerging financial […]
Russia’s Central Bank Holds Rates at 21%: What’s the Strategy?
The Russian Central Bank surprised markets by maintaining its 21% interest rate. With many expecting a hike to 22% or higher, the decision sparked curiosity. Governor Elvira Nabiullina and Deputy Governor Alexei Zabotkin explained their reasoning, pointing to a slowdown in credit growth as evidence that the current rate is already effective. Raising rates further, […]
Ark Invest Sells $3.9M in Coinbase Shares
Ark Invest, led by Cathie Wood, has sold 13,780 shares of Coinbase Global Inc. (COIN), netting approximately $3.9 million. The move came in response to Federal Reserve Chair Jerome Powell’s hawkish speech, signaling a cautious outlook on future interest rate cuts. Powell’s remarks rattled financial markets, leading to a 10% drop in COIN’s price, which […]
CBDC vs Crypto: The Fight for Financial Freedom
The battle between Central Bank Digital Currencies (CBDCs) and cryptocurrencies is more than a debate – it’s a fight for financial freedom and control over money. With over 130 countries exploring CBDCs, this shift could fundamentally change how we spend, save, and manage finances in the digital age. As Pippa Malmgren, member of the Council […]
Solana Faces Bearish Pressure Amid Descending Channel
Solana (SOL) continues to struggle as it remains trapped in a descending channel, reflecting persistent bearish momentum. After failing to hold its recent highs of $280, SOL is now trading near $210, signaling short-term weakness. The 50 EMA is acting as a critical resistance level. Recent price action shows SOL testing this level, but the […]
WazirX Token Crashes 50% Amid Binance Delisting
Indian crypto exchange WazirX has encountered a double blow today. The Delhi High Court has ordered a fresh probe into the exchange’s alleged hack, rejecting the previous Delhi Police status report that concluded no criminal case could be made. Justice Sanjeev Narula issued the directive after Advocate Jaivir Bains filed a petition seeking a thorough […]
Bitcoin Drops $4K After Hitting New All-Time High
After several days of impressive gains and new record highs, Bitcoin (BTC) has retraced significantly, falling by over $4,000 in the past 12 hours. The leading cryptocurrency began its recent rally last weekend, bouncing off a low of $94,400 before breaking through the $100,000 mark on Thursday. Following a relatively quiet weekend around $101,500, BTC […]
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