Author: Anmol Khatiwada

200M Dogecoin Mysteriously Moved to Binance

Binance received 200M Dogecoin ($59.9M) from an unidentified wallet. This sparked conjecture on possible trades or liquidity preparation. Following initial losses, Dogecoin recovered 13% to $0.323, in line with the market's recovery. With more than 6.6 million holdings this year, DOGE may increase to $0.48 or fall to $0.23 despite strong resistance at $0.36.

The Dogecoin community is lit after 200 million DOGE (worth $59.9M) got transferred from a mystery wallet straight to Binance. Nobody knows who’s behind this massive move, but the rumor mill is spinning. Is it a whale looking to trade big or Binance prepping for more liquidity? The real reason is still up in the air.

DOGE’s price has been on a rollercoaster lately. After a dip below its 50-day SMA of $0.36 earlier this week, it bounced back hard—jumping 13% in the last 24 hours to hit $0.323. The rebound came after hitting a low of $0.262 on Friday and reaching an intraday high of $0.35 on Saturday.

Looking ahead, DOGE could face resistance at $0.36, but if it breaks through, we’re eyeing $0.42 or even $0.48. On the flip side, if it slides, it might drop to $0.23.

Meanwhile, the DOGE fam keeps growing, with over 6.6M wallets holding the meme coin in 2024. With a 400% jump in market cap for meme coins this year, Dogecoin is showing it’s more than just a joke—it’s here to stay.

You might like : Ripple CTO Highlights RLUSD’s Role in Enhancing XRP Ledger Experience

Ripple CTO Highlights RLUSD’s Role in Enhancing XRP Ledger Experience

Ripple just dropped RLUSD. Its a stablecoin pegged 1:1 to the USD, its CTO explained how it’s a game-changer. RLUSD boosts XRP Ledger by handling crypto and fiat smoother, increasing liquidity, and powering DeFi apps. It’s perfect for easy cross-border payments and switching between cash and crypto seamlessly.

Ripple’s CTO, Joel Katz, just broke down why their new stablecoin, RLUSD, is a big deal. Launched recently and approved by the NYDFS, RLUSD is pegged 1:1 with the US dollar, making it super steady for cross-border payments and moving between crypto and fiat. To put it simply, its a smooth operator for your money, whether it be real money or crypto.

Here’s the tea: RLUSD and XRP aren’t competing; they’re vibing together. XRP stays the MVP for international payments, while RLUSD steps in to boost liquidity and fuel DeFi projects. Katz explained that the magic lies in XRP Ledger’s auto-bridging system, which uses XRP as the middleman to connect different assets seamlessly. Basically, they’re the dream team.

For developers, it’s an open door to more opportunities and higher trading volumes within the XRP Ledger ecosystem. For businesses and users, it’s all about easy transactions and converting real-world assets into tokens without the usual hassle.

Ripple President Monica Long also highlighted their unique roles—XRP for global payments, RLUSD for liquidity and stability. With RLUSD, Ripple’s not just keeping up; they’re setting trends in the crypto space. Expect more innovation and activity on the XRP Ledger.

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Bitget Sees 7X Surge in Gen Z Crypto Users After Trump’s Win!

After Trump’s win, Bitget saw a massive 683% surge in Gen Z users. That makes up over half of new sign-ups. His pro-crypto views, like creating a national Bitcoin reserve, got young voters excited. Gen Z is all in, using features like copy trading and social media tips to dive into crypto’s wild ride.

After Trump’s win, Bitget’s Gen Z user base went boom, skyrocketing by 683%! In just one month, Gen Z’s share of new users jumped from 26.2% to 53.8%. What’s driving this massive shift? Trump’s pro-crypto stance, including promises to create a national Bitcoin reserve and provide clearer rules for digital assets, resonated big time with young voters.

Gen Z, always ahead of the curve in tech, is flocking to crypto not just for the potential profits but for the freedom and innovation it offers. A lot of them are even hopping on copy trading, with nearly half of participants under 25. Social media and influencer advice are key for their investment decisions—who needs traditional finance when you’ve got TikTok?

This surge follows a major crypto market pump, with Bitcoin’s price jumping 40% after the election. The hype is real, and FOMO is driving millions of young investors to get in on the action. The crypto craze isn’t just US-based either—countries like Brazil and Poland are looking to follow El Salvador’s Bitcoin-friendly lead.

Gen Z is no longer just watching the crypto world—they’re jumping in, and platforms like Bitget are riding the wave of this next-gen financial revolution.

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Fartcoin Hits $1B Market Cap Amid Altcoin Slump

Fartcoin is the ultimate meme moment! It skyrocketed 435% in 30 days, smashing a $1B market cap while other altcoins tanked. Launched in October, it’s all vibes, no utility, but somehow investors are flocking to it for “safety.” A wild ride proving the crypto world’s chaotic humor!

Fartcoin just pulled the biggest plot twist in crypto! This Solana-based memecoin surged a massive 435% in the past month, casually crossing the $1B market cap few days ago. While most altcoins are in their flop era thanks to the Fed’s rate cut drama, Fartcoin said, “Not me!” and shot to $1.27, up 38% in 24 hours.

The whole crypto market stumbled after the Fed announced fewer rate cuts for next year, sending coins like Dogwifhat, Bonk, and Theta spiraling into double-digit losses. But Fartcoin? Total outlier vibes. Investors are literally calling it the “safe” bet in this chaos. Hedgeye even joked, “Fartcoin briefly hits $1 billion as investors flee risk assets.”

Launched on Oct. 24, this memecoin’s already giving main character energy. It went from a $423M market cap in November, crashed to $160M by early December, and now it’s back with a billion-dollar bang.

You think there’s no utility? Well no problem, it’s all about the meme power and chaotic fun that only crypto can bring. Fartcoin’s rise proves that in this space there’s unpredictability ofcourse and also humor.

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Nexo Leverages AI for Smarter Wealth Management and Enhanced Decision-Making

Nexo just made its crypto game better than ever with its new AI-powered news feeds. They’re bascically providing real-time, bite-sized updates customized to ones specialized assets/Everything plus their impeccable risk management. It’s all about smarter tools and personalized vibes, making crypto investing easy and informed. Nexo’s redefining digital assets for the modern investor.

Nexo is taking crypto investing to the next level with its AI-powered vibes! Say goodbye to endless scrolling for updates—Nexo’s new daily news feed has your back. It delivers real-time, bite-sized news about the crypto world, helping you stay ahead without wasting hours. Plus, you can totally customize it to focus on your fave assets.

This isn’t just about news; it’s about leveling up how you manage your digital wealth. Nexo’s AI is all about keeping it simple, smart, and on point. With timely updates tailored to your portfolio, you’ll get the insights you need to make killer moves while staying on top of risks like a pro.

Already live on the Nexo app, this feature shows how AI can make crypto investing way less chaotic and a whole lot smarter. It’s part of Nexo’s plan to merge tech and finance, keeping things ultra-user-friendly for the modern investor.

Bottom line: Nexo’s making crypto trading smarter and cooler, setting a new bar for the industry. Whether you’re a newbie or a seasoned trader, they’re here to keep you in the loop and ahead of the game.

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Bitcoin Falls Below $100K After Powell Dismisses BTC Reserve Proposal

Bitcoin tanked below $100K, dropping 6% after Fed Chair Powell said the U.S. won’t make a Bitcoin reserve. This came right after BTC hit $108K ATH. The crypto market felt the heat—ETH and XRP slid too. Meanwhile, rate cuts and political vibes keep things messy. Stay tuned.

Bitcoin just took a major hit, falling below $100K after U.S. Fed Chair Jerome Powell straight-up rejected the idea of a national Bitcoin reserve. He made it clear that the Fed’s not about that life, and the U.S. isn’t looking to change any laws to hold Bitcoin. This caused a 6% drop in just 24 hours, with BTC now sitting at $99,047.

The news came right after Bitcoin had hit a new all-time high of $108K earlier this week, so the correction stung. The altcoin market wasn’t immune either, with Ethereum (ETH) losing 6.5% and XRP dropping a huge 12.64%. Ouch.

This whole BTC rally had been fueled by the buzz around President-elect Trump’s talk of a Bitcoin reserve and several states like Texas and Florida pushing for state-backed Bitcoin initiatives. But Powell’s rejection, combined with the Fed’s decision to cut interest rates by 25 basis points, gave the market a reality check.

Crypto investors are definitely feeling the uncertainty, and with economic shifts and political moves on the horizon, it’s anyone’s guess where things go next. Keep an eye out; the rollercoaster’s far from over.

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Bitget Token (BGB) Soars 264% in a Month, Reaching All-Time High

Bitget Token (BGB) popped off this month, skyrocketing 264% and hitting $4.87, with $6.53B market cap and $464M in 24-hour trading volume. It is now the 6th largest exchange. Its clear to see, Bitget’s hype is real, investors are vibing hard on its derivatives and spot trading services.

Bitget Token is having currently enjoying its main character moment after skyrocketing by an impressive 264% in just one month. It led to the token smashing its all-time high at $4.87. After this the coin holds a market cap of $6.53B and a 24-hour trading volume has hit $464M. Well, this token is on everyone’s radar.

Bitget, the 6th largest crypto exchange by trading volume, has been shaking things up with its killer features, from crypto derivatives to spot trading. This surge in BGB’s price shows that the exchange is thriving in a space that’s all about survival of the fittest. Investors? They’re obsessed.

The token has a circulating supply of 1.4B out of a max supply of 2B BGB, so scarcity is definitely a flex here. In the last 24 hours alone, trading has gone wild, with massive volumes proving that FOMO is real.

Despite the market’s usual chaos, BGB’s glow-up is giving major “investor confidence” vibes. Bitget’s growing popularity and solid performance in a cutthroat market make it clear: this isn’t just a pump—it’s a moment.

TL;DR: BGB is up, the market’s buzzing, and Bitget is proving it’s not just playing the game—it’s changing it.

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Trader Transforms $712 Investment into $3.95M Jackpot with UFD Memecoin

This trader flipped $712 into a wild $3.95M overnight. its all thanks to a joke meme coin called Unicorn Fart Dust (UFD). The coin was made on Solana to roast meme coin hype which resulted in an explosion by 5,500%, hitting a $170M market cap. Even its creator was like, “This wasn’t supposed to happen.”

A crypto trader just pulled off the ultimate glow-up, flipping a humble $712 into a jaw-dropping $3.95M in under 24 hours, all thanks to the iconic meme coin Unicorn Fart Dust (UFD).

Here’s the tea: UFD, which runs on the Solana blockchain, started as a joke. The creator, who’s more into gold and silver than meme coins, wanted to prove how ridic the crypto world has become. In a video, they even clowned on another coin, Fartcoin, which once hit a $500M market cap. The point? Most meme coins are vibes, not value.

But UFD had other plans. It went viral. Within an hour, its market cap soared to $23.5M, and by 2:52 a.m. EST, it hit $170.4M. The coin’s price spiked 5,500%, giving one lucky trader a literal life-changing payday.

The creator was absolutely shook. They never thought this would be that big. What started as a meme to mock the absurdity of crypto is now the latest Cinderella story. UFD might’ve started as a joke, but for one trader, it turned into serious cash.

Moral of the story: in crypto, even the jokes hit different.

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Fake Uber Driver Caught Stealing $300K in Crypto

An Arizona man, Nuruhussein Hussein, was arrested for stealing over $300K in crypto by pretending to be an Uber driver. His targets included distracted or drunk passengers from which he stole their private keys, and transferred crypto to his own wallet without them noticing. He’s facing serious charges right now, including fraud and money laundering.

A fake Uber driver in Arizona has been busted for stealing over $300,000 in cryptocurrency from unsuspecting passengers. Nuruhussein Hussein would pick up drunk or distracted riders, pretend to be their Uber driver, and then pull off a sneaky scam. He’d ask his victims for their phones, claiming he needed to check directions or link his Uber app, and then transfer their crypto to his own wallet without them realizing.

Hussein used some serious tech skills, stealing private keys and making shady, undetectable transactions on the blockchain. By the time victims figured out what had happened, their crypto was long gone. The guy didn’t even leave a trace—he’d send the funds to wallets that couldn’t be tracked.

He’s now locked up in Maricopa County Jail facing felony charges, including theft, fraud, and money laundering. The Scottsdale Police Department, along with the Secret Service, is still investigating how Hussein pulled off this high-tech scam. He’s set to appear in court for a bond hearing on December 18. So, if you’re planning to hop in an Uber, maybe double-check your driver next time—it could save you a ton of cash!

You might like : $PENGU Token Crashes Amid $8.74M Sell-Off Frenzy

$PENGU Token Crashes Amid $8.74M Sell-Off Frenzy

$PENGU faces massive sell-offs, with $9.3M sold so far, causing a 50% price drop. More sales may follow.

Yo, $PENGU is getting hit hard with a huge sell-off right now. A massive $8.74 million worth of tokens have already been sold, these sellings were mostly by early investors and some big wallets. One wallet, named HoTdB…YL8YZ, got a huge chunk of 888 million tokens just before the airdrop event. This wallet already flipped 169 million tokens for $0.05164 each, but it still holds 719 million tokens, worth around $40 million.

The selling didn’t stop after that—just 20 minutes later, another 176 million tokens were sold, worth $9.3 million. That’s nearly 20% of this wallet’s holdings gone. Now, it’s still sitting on 7.12 million tokens, worth $37.7 million, so more sales could be coming.

Right now, $PENGU’s price has dropped to $0.03388, down 50% in just 24 hours. With so many tokens still in circulation and big holders selling off, the price could keep dropping. If you’re holding $PENGU or thinking of jumping in, stay on top of the situation because things could get wild. Keep an eye out as this could seriously shake up the market!

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