Category: Traceability

Rich Dad Robert Kiyoaski: Best Bet in a Boom or Bust Economy Is Bitcoin

Kiyosaki: “Global crash has started. Europe, China. USA going down. Depression ahead?” “Please be smarter with your money. Hang on to your job and your money,” he tweeted. The economy is chugging along nicely, with real GDP rising in the third quarter over the second quarter of 2024. Despite the strong GDP numbers this year, …

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Pudgy Penguins’ PENGU Token, NFTs Suffer Major Price Dip Post-Airdrop

PENGU, the newly-launched cryptocurrency of the Pudgy Penguins ecosystem, suffered a sharp decline in value a day after it went live. At the time of writing, data from CoinGecko showed that the token had fallen by 57.8% within 24 hours to settle at $0.02892. The highly-anticipated launched on December 17 saw about 62.8 billion PENGU …

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Why is the XRP Price Down Today? (Ripple Price Analysis)

Ripple is navigating a pivotal range between $1.8 and $3, with recent price action highlighting the likelihood of a consolidation phase. A breakout from this range will likely determine its next significant trend. During the 4-hour timeframe, XRP consolidates within a descending wedge pattern, which often signals a potential bullish breakout if breached upward. While …

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Bitcoin’s Wild Ride: From $108K to $92K (Market Update)

The total capitalization dropped by more than $300 billion as Bitcoin’s price went on a complete rollercoaster. The first few days of the week started as we are more or less used to by know – up only. The market was anticipating the results of the meeting of the US Federal Result. During the meeting, …

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Crypto Advocate French Hill Picked to Lead House Financial Services Committee in 2025

Arkansas Republican will succeed North Carolina’s Patrick McHenry, who is retiring after a 20-year stint in Congress. The position means Hill will be key for legislative initiatives for the crypto industry that will take shape in the coming year. In a formal , the 68-year-old highlighted his promise to work closely with Speaker Mike Johnson, …

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Metaplanet Establishes Bitcoin Treasury Operations as Official Business Line

Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firm’s board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. The document also reveals Bitcoin purchases and accumulation will be conducted with BTC …

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USDT Transfer Volume on TRON Reaches All-Time High of $587.2B

The TRON network processed $587.2 billion in USDT transfers during November 2024. This all-time high (ATH) reflects significant growth compared to $424.4 billion in September and $489.3 billion in October. The figure, by CryptoQuant analyst Maartunn, is noteworthy, considering in July 2019, the network only managed to move about $73.8 million. The number of USDT …

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Exodus Crypto Wallet Debuts on Wall Street, Shares Skyrocket 36%

Exodus Movement Inc., the financial technology company behind the Exodus self-custodial crypto wallet, has officially entered Wall Street. The firm’s first full day on the market was eventful, with its stock surging 36.33% to close at $53.50 while registering an impressive intra-day high of $67.00. It joins a select group of crypto-centric companies making their …

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Ethereum Overtakes Tron as the Leading Network for USDT Supply

Over the past month, Tether issued $20 billion in USDT on the network. Some analysts imply it is a nod to the reputation of the platform co-founded by Vitalik Buterin as a “trusted” and socially reputable network. Tether has been issuing between $1 billion and $2 billion of stablecoins every few days across Ethereum and …

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2025: The Golden Age of Crypto? Bitwise Shares Optimistic Outlook for BTC, ETH, SOL

Crypto exchange-traded fund (ETF) issuer Bitwise predicted that 2025 will usher in the Golden Age of Crypto. In its latest report, Bitwise outlined a stellar 2025 for Bitcoin, Ethereum, and Solana, building on their impressive 2024 performances. Among other things, AI-driven meme coins are also expected to gain traction in the coming year. Bitcoin led …

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