PENGU token plunges 50% after airdrop as Pudgy Penguins NFT floor price tumbles

Key Takeaways PENGU token plummeted over 50% in value following its airdrop. The decline in PENGU token also led to a sharp drop in Pudgy Penguins NFT floor price. Share this article... Read more »

Fed signals one more rate cut in December, CME tool shows 96.9% probability

Key Takeaways The Federal Reserve is likely to implement a quarter-point rate cut in December with a 96.9% probability. Bitcoin has remained resilient and maintains trading levels above $100,000 amid monetary policy... Read more »

VanEck sees Bitcoin at $180K with a US Bitcoin reserve in 2025

Key Takeaways VanEck forecasts Bitcoin reaching $180,000 in 2025, with the US potentially adopting it as a strategic reserve. The firm highlights Ethereum, Solana, and Sui as top-performing assets, alongside growth in... Read more »

Nasdaq announces MicroStrategy’s inclusion in Nasdaq-100, what’s next?

Key Takeaways MicroStrategy, Palantir Technologies, and Axon Enterprise will join the Nasdaq-100 on December 23. MicroStrategy’s inclusion is expected to attract significant buying activity from ETFs tracking the Nasdaq-100. Share this article... Read more »

Nasdaq expected to announce MicroStrategy’s inclusion in Nasdaq-100 today

Key Takeaways MicroStrategy is likely to be included in the Nasdaq-100 index, pending its classification as a technology company. ETFs tracking the Nasdaq-100 may need to buy MicroStrategy shares if included, impacting... Read more »

Australia’s big super fund allocates $27 million to Bitcoin: report

Key Takeaways AMP allocated $27 million to Bitcoin, marking Australia’s first super fund investment in the digital asset. The Bitcoin investment aims to enhance returns and manage risk as part of AMP’s... Read more »

US November CPI matches expectations, Fed rate cut likely ahead

Key Takeaways US consumer prices rose 2.7% annually in November, keeping inflation above the Federal Reserve’s 2% target. Traders are anticipating a quarter-point reduction in the federal funds rate at the upcoming... Read more »

Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin plunges toward $94,000

Key Takeaways The crypto market crash led to $1.7 billion in leveraged position liquidations within 24 hours. Despite concerns over quantum computing’s impact on crypto security, current threats remain minimal. Share this... Read more »

Chinese app giant sells all Bitcoin ahead of $100,000 milestone

Key Takeaways Meitu sold 940 Bitcoin and 31,000 Ethereum for $180 million before Bitcoin reached $100,000. 80% of the proceeds from Meitu’s crypto sale will be distributed as a special dividend. Share... Read more »

Altcoin Google searches spike to 2021 all-time highs

Key Takeaways Google searches for ‘altcoins’ hit a record high of 100 on November 30, driven by overall market optimism post-election. The Altcoin Season Index has risen to 89, indicating strong market... Read more »