Jim Cramer’s Bitcoin Call Triggers Crypto Selloff
Jim Cramer, the outspoken host of CNBC’s Mad Money, has inadvertently cemented his reputation as a crypto market “counter-indicator” after his bullish remarks on Bitcoin preceded a sharp market downturn. Cramer’s Bullish Call and Market Reaction On Friday, Cramer issued a bullish call on Bitcoin, citing concerns about government spending and the growing U.S. deficit. […]
Dogecoin Seeks Funding to Build Decentralized Payment System
The Dogecoin Foundation has announced a fundraising initiative to support the development of “Dogebox,” a decentralized payment infrastructure aimed at empowering small and medium-sized businesses. In a social media post on Sunday, the foundation called for major sponsors in 2025 to help fund efforts to drive the mass adoption of Dogecoin as a payment layer. […]
SEC Reports Record $8.2 Billion in Penalties for FY 2024
The U.S. Securities and Exchange Commission (SEC) announced Friday that it collected $8.2 billion in penalties during fiscal year 2024, marking the largest financial haul in its history. Over half of the total—$4.5 billion—stemmed from the SEC’s settlement with Terraform Labs and its founder, Do Kwon, for their role in the collapse of the Terra […]
Axie Infinity Maker Sky Mavis Lays Off 21% of Workforce
Sky Mavis, the creator of the popular blockchain game Axie Infinity, is laying off 21% of its workforce as part of a strategic shift aimed at driving growth in the coming years. The move will affect approximately 50 employees out of the company’s 250 global team members, according to a report by TechInAsia. Strategic Shift, […]
Bitcoin Rebounds After $2,000 Drop, Liquidations Hit $500M
Bitcoin recovered from a sharp $2,000 drop over the weekend, trading just below $98,000 after falling to a three-day low of $95,800 on Saturday. The dip caught traders off guard, triggering liquidations of nearly $500 million, according to CoinGlass data. Long liquidations soared to an 11-day high of $344 million, while shorts accounted for $136 […]
Dogecoin Rises on Speculation of X Payments Integration
Dogecoin surged to a one-week high Friday amid speculation that Elon Musk may soon introduce payment features to X, formerly known as Twitter. The price of Dogecoin is up 4% in the past 24 hours, currently sitting at $0.46, according to CoinGecko. It briefly touched $0.41, its highest level in over a week. Over the […]
Polymarket Blocks French Users
On Friday, users attempting to access Polymarket from France were met with a new pop-up notification: “You appear to be located in the United States, France, or another related jurisdiction. Trading is not available to U.S. persons, persons located in the United States, France, or persons located in restricted jurisdictions.” The restriction expands Polymarket’s list […]
Magic Eden’s ME Token Airdrop Launching December 10
The ME token, aligned with leading NFT marketplace Magic Eden, represents a significant milestone for the platform, which has rapidly grown to dominate the cross-chain NFT space. Eligible users will be able to claim their tokens exclusively via the Magic Eden Wallet app, cementing the platform’s role as a hub for innovative blockchain-based rewards. Airdrop […]
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