While whales are becoming active, more participation is needed to drive the price action.

TL;DR Sonic Labs has launched the Sonic Gateway, facilitating seamless token transfers between the Ethereum network and the Sonic blockchain. The Sonic Gateway supports various tokens, including FTM, EURC, USDC, and WETH, with robust security measures and efficient transaction processing.

"Nothing in life is free. Even the things that seem free often come with hidden costs or risks," Shiba Inu's team alerted.

Beyond the $1.1 million unrealized profit, the trader earned over $680,000 worth of funding fees on his short position, ripe for liquidation above $4,750.

BonkDAO's “BURNmas” event plans to burn 1.69 trillion BONK tokens worth $54 million, reducing the total supply by 1.8%.

TL;DR Bitcoin-based Runes have seen a dramatic decline in activity, now accounting for just 1.67% of daily Bitcoin transactions, down from over 50% earlier this year, as investor focus shifts to Ethereum and AI.

The crypto community has united in support of four-year-old Mira Chen, who is suffering from a rare brain tumor. The post Crypto Community Rallies for 4-Year-Old Mira, Pushing Solana Meme Coin to $80M in Hours appeared first on Cryptonews.

Ethereum, the second-largest cryptocurrency after Bitcoin, has reached a significant milestone after its Total Value Locked (TVL) surpassed $90 billion this month. This massive surge marks the highest TVL Ethereum has recorded since April 2022, igniting discussions about the likelihood of a huge price rally in the coming months.

The broader Solana meme coin market surged to $18.2 billion, representing a 10.3% increase over the last day, driven by PENGU's performance.

Michael Saylor, once a fierce critic of Ethereum, has recently admitted that he was wrong in his earlier views. The prominent Bitcoin advocate had previously predicted that Ethereum would be labeled an unregistered security, and he believed it would never be approved for a spot ETF. Let's find out what changed his views.

Identifying compelling investments in the crypto market on a tight budget could be as easy as striking out those with large market sizes. Small-scale investors also overlook pricey cryptocurrencies like Ethereum (ETH), currently priced at $3500. Instead, to make the most gains from little investments, retailers have been betting on Dogecoin (DOGE).

MOODENG offers a boxing day present with a swift surge early on Thursday. The meme token soared from a daily low of $0.0001228 to $0.0002417 within 60 minutes, translating to a staggering 96.85% price increase. The explosive move attracted attention as the broad market endured selling pressure, with Bitcoin and Ethereum down 2.19% and 3.

A staggering 2.88 trillion SHIB worth $65.7 million was transferred from Turkeys BTCTurk to an anonymous wallet, sparking intrigue among crypto enthusiasts. The transfer coincides with the SHIB Metaverse debut on the Shibarium blockchain, marking a pivotal moment for Shiba Inu.

Vitalik Buterin, the co-founder of Ethereum, has made a significant donation of 10 million baht ($292,000) to support wildlife conservation efforts at Khao Kheow Open Zoo in Thailand. The post Vitalik Buterin Donates to Thai Wildlife Charity on Behalf of ETH Community appeared first on Cryptonews.

Ethereum (ETH), the second-largest cryptocurrency by market cap, is solidifying its position as a market favorite despite recent volatility. Currently trading at $3,444, Ethereum has captured significant attention from institutional investors, fueling optimism about its long-term potential.

The rapid rise of MIRA token highlights the crypto community's potential for impactful social support, raising ethical considerations in token trading. The post Solana meme coin MIRA soars to $80M market cap in 5 hours as community rallies around brave little girl appeared first on Crypto Briefing.

Is Solana on the verge of a breakout or a breakdown? While bearish signals dominate the short-term charts, 2024 has been a year of explosive growth for Solana. Will a lead over Ethereum in social mentions drive a bullish 2025 for Solana?

Prominent blockchain tracker Whale Alert has spotted a mammoth-sized SHIB transaction that carried almost three trillion meme coins. In this transaction, a top crypto exchange in Turkey was involved.

The crypto market does not seem to be recovering soon and investors are still waiting for the Santa Rally. The overall crypto cap has reached $3.32 trillion after falling 3.19% since yesterday. Ethereum has also suffered another hit of around 4% and is currently trading at $3,354.5.

Volatility has always been a feature of the cryptocurrency markets. The collective value of all coins and tokens in existence recently hit an all-time high of nearly $3.9 trillion, but the market is in correction territory again, with a 12% drop as of this writing.

Shiba Inu (SHIB), the 17th largest cryptocurrency by market capitalization, has made remarkable progress since its modest beginnings as a meme coin.

Finding the right trading strategy isn't easy for everyone, especially when you're trading volatile cryptocurrencies like Bitcoin and Solana. Because if you make one wrong move, it's enough to wipe out your entire balance unless you have years of experience in the market.

The crypto market saw mixed trading patterns last week, with large retail outflows in an attempt to avoid liquidations. Several assets like Solana (SOL) and XRP were at both ends of the flow yardstick as institutional activity declined.

Shiba Inu's recent recovery attempt failed, and the price was unable to break above the crucial 100 EMA resistance level, resulting in a major setback. As a result of this significant drop in bullish momentum, traders and investors are beginning to doubt whether a long-term upward trend is possible.

Solana (SOL) has captured attention with its remarkable price recovery, standing out as one of the most resilient assets in the cryptocurrency market. After weathering a challenging period in 2022, the blockchain platform has regained momentum, supported by bullish market activity and consistent capital inflows.

Shiba Inu's (SHIB) ecosystem developers have finally opened early access to the much-awaited SHIB: The Metaverse. It comes after the team re-scheduled the launch from December 2023 to 2024/2025 due to unforeseen circumstances. Understanding SHIB: The Metaverse The new platform aims to transform the Shiba Inu ecosystem with community-centered developments and immersive experiences.

Ethereum (ETH) price has dropped below multiple resistance following increased sell pressures. ETH price drop is linked to wider crypto outflows in the same time frame after Bitcoin slumped below the $100K mark.

Solana may be aping Bitcoin's price action as short-term risk bottoms ahead of a rally.

During recent price slides, crypto entrepreneur Justin Sun has restated his bullish grip on Ethereum (ETH). The Tron Network executive has driven several reactions from the community due to on-chain digital asset movements and partnerships to drive wider adoption.

Solana (SOL) has recorded massive inflows, turning the tide after days in the doldrums. The community dubbed ETH killer picked up gains in price and on-chain activity alongside other altcoins.

The X account of Animoca Brands executive chairman Yat Siu has been compromised while promoting a fake Solana token launch. As a result, the hackers are promoting suspicious tokens and contracts under the guise of “Animoca Brands issuing new coins”.

A massive 6.26 million SHIB was delivered to a dead address. The introduction of “SHIB: The Metaverse” this past Christmas was seen by the community.

Solana bounces back with a 3.53% surge, hitting $196 as bullish signals align.

Ethereum price started a decent increase above the $3,350 resistance. ETH is now recovering some losses and might gain pace if it clears the $3,550 resistance.

The Solana (SOL) price is trying to continue its modest comeback on Christmas Day 2024, and was last probing for a push back above the $200 level. The post Solana Price Set to Explode Once It Breaks Above This Key Level appeared first on Cryptonews.

Ethereum (ETH) price has climbed 48.19% so far in 2024, though it lags behind Bitcoin 123% gain this year. Despite ETH's strong performance, its recent uptrend appears to be losing momentum, as the ADX indicates weakening trend strength.

Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.

Newly launched Fantom spinoff Sonic Chain has finally released its Ethereum bridge dubbed the amid its sustained expansion drive. Announced on its X page, the protocol said the new gateway can help user bridge assets like USDC, EURC, WETH, and FTM from Ethereum to Sonic.

Solana, dubbed the Ethereum killer, appears stuck below $200, with trading volume dropping nearly 19 percent. This critical moment has market observers questioning if the once-bullish crypto can regain momentum before further declines.

Shiba Inu (SHIB) price has seen a 10% decline over the past seven days, yet it remains the second-largest meme coin in the market, only trailing Dogecoin. Despite the recent pullback, SHIB's RSI has been climbing steadily, indicating improving buying momentum and a potential shift in market sentiment.

Real-world asset (RWA) tokenization could become a multi-trillion-dollar industry by 2030, according to Boston Consulting Group.

The significant surge in Shiba Inu burn rate has once again garnered notable investor attention toward the renowned dog-themed meme crypto, SHIB. Recent burn data indicated that millions of coins were taken out of the token's circulating supply, sparking noteworthy optimism surrounding the crypto amid recent ecosystem developments.

A whale that recently deposited a huge amount of Ethereum funds to Binance has offloaded another $17 million to the crypto exchange. The whale is related to Nexo, as indicated by onchain data.

Shytoshi Kusamas latest update about More TREATS has sent waves of excitement through the Shiba Inu community. With the SHIB price rebounding and Shibarium reaching major milestones, optimism around the tokens future is on the rise.

Solana price has been on the investors' radar lately amid a flurry of developments in the market. However, the crypto has recorded gloomy trading recently, as evidenced by its seven-day and one-month performances.

Vitalik Buterin, the co-founder of Ethereum, recently outlined some of the main threats that are associated with artificial general intelligence (AGI).

On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while the nine spot ether ETFs enjoyed inflows of $53.54 million. Bitcoin ETFs Falter as Ether ETFs Rally in Market Tug-of-War Tuesday marked the fourth consecutive day of losses for the spot bitcoin ETFs, with $338.38 million leaving the sector.