Cryptocurrency Daily Thefoxposts.com

In what is certainly an interesting dilemma for the BRICS bloc and the asset class, Bitcoin has clearly evolved to become a key US dollar hedge amid the embrace of President-elect Donald Trump. Indeed, his alignment with cryptocurrencies has created a new kind of problem as he seeks to ensure the strength of the greenback on a global scale. Earlier this year, Trump issued a stark warning to the BRICS bloc specifically. The returning president threatened to issue 100% tariffs on imports for nations seeking to ditch the US dollar. However, he has also sought to embrace the country’s Bitcoin exposure while wanting to create a strategic BTC reserve. In the end, the asset could be key in lessening the international strength of US currency. Source: Watcher Guru Also Read: BRICS & US May Be Set to Race for Bitcoin Supremacy in 2025 Trump Creating New Problem as Bitcoin Seeks to Dethrone US Dollar Over the last year, the BRICS economic alliance has embraced de-dollarization in a massive w...

As the year 2024 comes to an end, the cryptocurrency community is eagerly looking forward to everything that the coming year has to offer. The past 12 months have been special for the industry as Bitcoin (BTC) managed to move beyond the $100,000 mark. It should be noted that the king coin started the year at a low of $38,521.89. But by the end of it, BTC managed to surge to a high of $108,268.45. Will the asset carry this trend to the next year? Also Read: Shiba Inu: What Is SHIB’s Price If Its Market Cap Hits $500 Billion? Looking Into The Latest Bitcoin Market Events Source: Watcher Guru Bitcoin’s annual uptick currently stands at 121%. After staying strong above the $100,000 mark for quite some time, BTC recently dropped down to a low of $91,317. At press time, the king coin was trading at $93,980.43. This comes after a 0.27% surge over the past 24 hours. Source: CoinMarketCap With the year coming to an end, several analysts were rolling out new predictions for 2025. Many were ...

Despite its rather impressive performance for most of the year, Tesla (TSLA) has fallen for the third straight day, leading many to ponder if the stock is still a buy for 2025. Indeed, the automobile manufacturer is set to end the year down after a surging November. The stock’s performance will always be tied to CEO Elon Musk. Over the last several months, the entrepreneur has become an ever-growing voice within the incoming Donald Trump administration. As head of Trump’s DOGE commission, there are many who believe his attempts at both roles have hindered the electric vehicle manufacture. Source: NPR Also Read: Tesla Stock (TSLA) Reaches New All-Time High of $420 Tesla Keeps Falling: Is Stock Still Set to Thrive in 2025? It has certainly been a dominant year for Tesla. In October, the company announced its highly anticipated Robotaxi. The vehicle is one of the most promising forays into autonomous automobile manufacturing and has provided the company with yet another leg up....

As the year winds down, the crypto market remains alive with energy, spotlighting significant gainers that command attention. Today’s top gainers, led by Metaplex, which surged 13.55%, showcase resilience and innovation in a sector still grappling with market fluctuations. KuCoin Token, Litecoin, and SwissBorg follow closely, each demonstrating unique strengths—whether through utility, stable growth, or ecosystem integration. With the global cryptocurrency market cap at $3.43 trillion, showing a slight -2.89% dip in the last 24 hours but an impressive 98.67% year-over-year growth, these tokens highlight the ongoing strength and adaptability of the digital asset space. Biggest Crypto Gainers Today – Top List What makes these tokens stand out is their combination of innovation and robust market metrics. Metaplex boasts over 550 million minted assets, while KuCoin Token offers valuable perks to its ecosystem users. Litecoin shines with 18 green days in the last month, a...

Meme Index has rapidly evolved from a slow-moving presale into one of the most sought-after assets in the crypto space. Initially generating modest daily inflows, the project now draws millions, mirroring the early trajectory of Pepe Unchained. Growing confidence among investors has driven Meme Index’s rising popularity, reflecting strong meme coin demand during the current market cycle. Meme Index’s growing popularity: How its presale and staking features are driving massive interest Meme coins have become an undeniable force in the cryptocurrency space, captivating investors with their engaging community-driven nature and the potential for exponential gains. One such emerging player, Meme Index, has experienced a significant rise in demand, evolving from a slow start to a powerhouse in the presale market. With presale amounts averaging in the lower five-figure range, many investors were hesitant. However, the team behind Meme Index worked diligently to build credibi...

Analytics firm Glassnode says Solana’s (SOL) momentum on the monthly time frame is waning in comparison to Bitcoin (BTC) and Ethereum (ETH). On the social media platform X, Glassnode examines the Realized Cap metric, which records the price at which each coin was last moved and aims to gauge how many holders are in profit or at a loss. The firm points out the monthly percent change in realized cap for each of the three assets. “This metric acts as an indicator of the rate and direction of capital inflows or outflows for these assets. During the recent market downtrend, the monthly rate of change in Realized Cap for SOL has plunged below both BTC and ETH. This indicates a faster decline in momentum for Solana compared to the other two assets. Current monthly Realized Cap Change (%/30D): • BTC: +10.87% • ETH: +5.43% • SOL: +2.19%.” Source: Glassnode/X But Glassnode noted earlier this week that Solana has maintained a positive net capital in...

The meme coin market, often dismissed as mere whimsy, has evolved into a dynamic segment attracting serious investors. Amid all the buzz and volatility, specific tokens are emerging as cultural phenomena and potential growth assets. With the rise of community-driven currencies like Peanut the Squirrel, Mog Coin, and BOOK OF MEME, savvy investors are now eyeing these tokens for their unique blend of humor, utility, and growth potential. These coins represent a perfect storm—where digital culture meets blockchain technology, creating opportunities beyond simple speculation. Best Meme Coins to Buy Today As the meme coin sector matures, it presents an intriguing investment proposition. With tokens like Peanut the Squirrel showing stable price movement and Mog Coin’s spectacular year-over-year growth, the space is far more than a fleeting trend. Meanwhile, BOOK OF MEME leads a fresh innovation wave, combining decentralized storage with viral content. Each of these projects offe...

Ethereum has long been hailed as the pioneer of decentralized finance and smart contract capabilities. However, the cryptocurrency landscape is undergoing a significant shift as smaller altcoins rise to prominence, each armed with unique value propositions and innovative approaches. As 2024 unfolds, these altcoins are not only carving their niches but also presenting a formidable challenge to Ethereum’s long-standing dominance. One such standout in this altcoin revolution is BEER BEAR , a token that has captured the attention of investors by combining transparency, security, and a thriving ecosystem. Let’s explore how smaller tokens like BEER BEAR are reshaping the narrative and challenging Ethereum’s supremacy. BEER BEAR: Your Safe Haven in the Wild Crypto World 💰 In a market as unpredictable as crypto, BEER BEAR stands as a trusted bartender, serving up security, transparency, and guaranteed opportunities for growth. While other tokens play risky games, BEER...

The co-founder of Animoca Brands, a leading firm in the blockchain gaming space, had their X social media account hacked and used to promote a fake Solana (SOL) token. In a new thread on the social media platform X, Animoca Brands – known for creating metaverse game The Sandbox (SAND) – says that founder and chairman Yat Siu’s X account was taken over by bad actors and used to endorse a fake token launch on Solana. “Unfortunately Yat Siu’s social media account has been compromised. There is no official token or NFT (non-fungible token) launch from Animoca Brands. The token launch on Solana as claimed in a post was made by the hacker. Please DO NOT engage with the account and stay vigilant. We will provide an update when the account is restored.” In a separate post on X, Mocaverse (MOCA) – the NFT collection of Animoca Brands that was said to be launching a token over SOL – says the ecosystem is safe and that better security measures are now...

Shiba Inu (SHIB) has experienced incredible success in its four-year history. The project has garnered a loyal fanbase which seems to be growing every year. SHIB’s popularity skyrocketed during the 2021 bull run when its price rallied by many million percent. Since its 2021 peak, SHIB’s price has somewhat struggled to gain momentum, falling victim to the general bearishness over the last two years. Also Read: Ripple Year End Price Prediction: Is XRP Claiming A New High Soon? Shiba Inu’s Current Price Movements The cryptocurrency market has faced a significant correction over the last week. SHIB’s price follows the bearish trend. The asset is down 3.9% in the daily charts 7.7% in the weekly charts, 24.4% in the 14-day charts, and 11.8% over the previous month. Despite the dip, SHIB has maintained its gains over the last year. The dog-themed cryptocurrency is up 108.5% since December 2023. Source: CoinGecko Also Read: Top 3 Cryptocurrencies That Could Rally This We...

The Pepe Unchained price pumped 20% in the last 24 hours to trade at $0.01369 as of 9:36 p.m. EST on trading volume that dropped 30% to $7.34 million. Pepe Unchained Price Aims For A Bullish Trend Reversal The PEPU price chart Analysis shows a clear falling wedge pattern forming over the past week, as highlighted by the orange trendlines. Falling wedges are typically a bullish reversal pattern, signaling that the price may break upward after consolidation. According to GeckoTerminal data, the Pepe Unchained price has been trending downward from a sharp high near $0.045 to its current level of $0.01369. However, the consolidation within the wedge indicates that selling pressure is waning and buying pressure is beginning to emerge. Notably, the price is testing the wedge’s upper boundary, hinting at a potential breakout. The 50-day Simple Moving Average (SMA) currently stands at $0.01205, which the Pepe Unchained price has crossed to the upside. This crossover suggests growin...