Ether and Solana prices rallied to fresh 19-month highs this week while Bitcoin’s price dipped from 2023 highs near $45,000, leading traders to fear a potential “bull trap” before another major downtrend.
Major Dogecoin wallet transfers of over 60 million DOGE to Coinbase and 70 million DOGE from Robinhood coincided with the meme coin’s 10th anniversary on December 6th and a 5% price spike.
The Institute of Electrical and Electronics Engineers in India will use Avalanche blockchain to provide instantly verifiable, immutable certificates for over 75,000 members.
Société Générale, France’s third largest bank, has launched a Euro-pegged stablecoin called EUR CoinVertible (EURCV) on the Bitstamp crypto exchange.
The University of Southern Mississippi is using non-fungible tokens issued on the blockchain to provide authenticated tickets to events with built-in marketing capabilities and immersive fan experiences. This innovation is being led by RACA, a Web 3.0 framework service provider backed by major funds like DWF Labs.
Gaming-focused cryptocurrencies like Ronin’s RON and Beam’s BEAM are seeing triple-digit price gains in recent weeks thanks to growing adoption of blockchain-based games and key platform upgrades.
JPMorgan Chase CEO Jamie Dimon has once again expressed his strong opposition towards cryptocurrencies, stating on Capitol Hill that they should be banned.
Cardano’s native ADA token added $1 billion in market capitalization in 24 hours, fueled by a 100% increase in trading volume to $750 million.
Binance announced a compensation plan for traders who bought the AEUR stablecoin during a 200% price surge, attributing it to a misunderstanding of the coin’s stable value.
Brazilian neobank Nubank, serving over 85M customers, partners with Circle to integrate USD Coin (USDC) stablecoin. It aims to provide access to digital dollars across Nubank’s products.
