Category: Cryptocurrency

Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.

DAO Power Unleashed: Hamster Kombat Empowers HMSTR Token Holders

Hamster Kombat, the infamous crypto game has just dropped a DAO for its HMSTR token holders. They’re basically giving them a say in the game’s future. After a rough airdrop that left some frustrated, this move brings more control and transparency to the community. Despite setbacks, interest is still strong with its massive Telegram following.

Hamster Kombat, the meme-fueled crypto game that took Telegram by storm, just announced a major update: a Decentralized Autonomous Organization (DAO) for its token holders. If you’re holding onto HMSTR tokens, now you’ve got a voice in the game’s future.

The game exploded in popularity thanks to its fun, quirky gameplay and meme potential, becoming one of the most subscribed crypto channels on Telegram. But not everything’s been smooth sailing. The project hit a bump when it launched an airdrop that locked up tokens for a while, leaving a lot of users frustrated and unable to trade right away.

Despite the airdrop drama, Hamster Kombat promised big updates—and with the launch of the DAO, they’re delivering. The DAO gives HMSTR token holders the power to vote on important decisions, giving them more control over the game’s direction and making the whole ecosystem feel more transparent and trustworthy.

While the full details on how the DAO will work are still a bit unclear, it’s a big step toward building a more solid community and showing that the team is serious about getting back on track.

Even with the past hiccups, Hamster Kombat still has the largest crypto-related Telegram channel, showing that people are still hyped. At the time of writing, the price of HMSTR is up 8.33% in the last 24 hours, proving that the community is sticking around. Looks like Hamster Kombat’s not done yet!

Also read: Abu Dhabi Embraces Tether’s USDT as an Approved Virtual Asset

Abu Dhabi Embraces Tether’s USDT as an Approved Virtual Asset

Abu Dhabi just gave Tether’s USDT the official virtual asset status, letting licensed financial institutions offer regulated services with it across blockchains like Ethereum and Solana. This move aligns with the UAE’s goal to be a digital finance hub, blending crypto with traditional finance for innovation and stability.

Abu Dhabi just made a power move in the crypto world by recognizing Tether’s stablecoin, USDT, as an official virtual asset (AVA). The Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority gave the green light, meaning financial institutions can now offer regulated services using USDT across blockchains like Ethereum, Solana, and Avalanche.

This isn’t just a win for Tether but a super flex for the UAE’s digital finance strategy. By integrating this into its regulated ecosystem, Abu Dhabi is essentially just building a bridge between old-school finance and decentralized systems. It’s all about staying ahead in the game and changing the face of crypto market.

With a market cap of massive $138 billion, USDT is already the king of stablecoins, and this move only solidifies its throne. And now with financial providers in ADGM, they can use USDT to create secure, compliant services, backed by the UAE’s rock-solid economic reputation.

Tether’s CEO, Paolo Ardoino, called this a “game-changer,” highlighting how stablecoins are reshaping modern finance. He’s hyped about Tether’s role in helping Abu Dhabi become a leader in digital transformation and economic innovation.

The UAE, especially Abu Dhabi and Dubai, is killing it in the blockchain scene, thanks to its smart regulations. These cities are now global crypto hubs with thriving blockchain communities. Clearly, the UAE isn’t just riding the crypto wave—it’s leading it.

Also Read: Coincheck: Japan’s Leading Crypto Exchange Goes Public on Nasdaq

Coincheck: Japan’s Leading Crypto Exchange Goes Public on Nasdaq

Coincheck just made history as the first Japanese crypto exchange to hit Nasdaq, trading under “CNCK” after a $1.3B SPAC merger. Despite bouncing back from a massive hack years ago, Coincheck’s leveling up to attract global investors, flexing Japanese expertise, and diving into the U.S. market for that next-gen glow-up.


Coincheck, Japan’s OG crypto exchange, just pulled a major flex by going public on Nasdaq under the ticker “CNCK” on December 11 this year. This makes Coincheck the first-ever Japanese crypto exchange to hit a U.S. stock market, following in Coinbase’s footsteps from three years ago.

How’d they do it? Through a $1.3 billion merger with Thunder Bridge Capital Partners, a SPAC designed to help private companies go public. Now, they’re part of the newly formed Coincheck Group N.V., raking in $31.6 million in proceeds. Shoutout to Monex Group, Coincheck’s parent company, which snagged the exchange back in years ago for a cool $33.5 million.

But this win didn’t come without drama. Some years back, Coincheck got hit with one of the biggest crypto hacks ever—a $530 million blow. But instead of folding, they reimbursed affected users, rebuilt their rep, and came back stronger with Monex’s backing. Talk about resilience!

So why Nasdaq? It’s all about going global. Oki Matsumoto, Coincheck’s Executive Chairman, says they’re blending Japanese expertise with U.S. insane market hype to level up. The goal? Attract global investors and dominate in the competitive crypto scene.

Coincheck’s Nasdaq debut is more than a business move—it’s a statement. They’re stepping out of Japan’s borders, flexing their comeback story, and showing the world they’ve got what it takes to play in the big leagues. Coincheck isn’t just surviving; they’re thriving. Stay tuned for their next move.

Read more: Baby Doge Coin Hits All-Time High, Surges 160% in a Week

Baby Doge Coin Hits All-Time High, Surges 160% in a Week

Summary: Baby Doge Coin just had its biggest week yet, skyrocketing over 160% in seven days and hitting an all-time high on December 10. The rally kicked off after a cryptic tweet from Elon Musk and has been fueled by rising hype around memecoins. With over $1.4 billion in trading volume in just 24 hours, BabyDoge is officially the hot new player in the crypto game.

BabyDoge’s Glow-Up Moment

Baby Doge Coin has been on a crazy upward trend, reaching $0.000000006179 and even breaking past the $1 billion market cap for a hot minute. This isn’t your average pump and dump—BabyDoge is now the 11th-biggest memecoin and has become a go-to pick for traders looking to cash in on the meme hype. It’s been trending hard ever since December 7, with its price climbing higher and higher each day.

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Memecoins Are Back in the Game

Memecoins are making a big comeback, and BabyDoge is leading the charge. While Bitcoin is chilling in the $90k zone after its record-breaking $100k run, memecoins are stealing the spotlight. BabyDoge’s epic rise shows that these quirky tokens still have a ton of power to shake up the market. And let’s be real—one more Elon tweet could send it soaring even higher.

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MOVE Token Soars to $3B Market Cap After Massive Airdrop

MOVE has token just dropped a massive bomb in crypto. It hit a super $3B market cap after this mental airdrop. Binance launched it with a 55.82% price jump on day one. Airdropped tokens went to early adopters, with some making a wild $66K. MOVE is now climbing fast and making waves globally.

MOVE token is totally blowing up right now! After dropping a massive airdrop, the token hit a $3 billion market cap, with its price jumping 55.82% to $1.04 on day one. MOVE is the utility token for the Movement Network, which runs on Ethereum’s Layer-2 blockchain—basically, it’s got some serious tech backing.

The big hype started with Binance’s “MoveDrop” airdrop. They gave away 1 billion MOVE tokens to users who participated in Simple Earn products from December 2 to 5. This massive giveaway spread the word, and the token immediately took off. Binance listed MOVE on December 9, and within hours, it shot up to $0.74, hitting $1.04 soon after.

But that’s not all. MOVE also scored listings on major South Korean exchanges like Upbit and Bithumb, which helped it go global. Some lucky users made serious cash, with people claiming to have a score of over $66,000 in MOVE just by farming multiple wallets. With a total supply of 10 billion tokens, 2.25 billion are already circulating, and MOVE is quickly climbing the crypto ranks.

Also Read: Milady NFT Holders Hit Jackpot as CULT Memecoin Skyrockets After $207M Airdrop

Milady NFT Holders Hit Jackpot as CULT Memecoin Skyrockets After $207M Airdrop

CULT memecoin just dropped $207M worth of tokens to Milady NFT holders, with top peeps like Aave’s Stani snagging $100K! Launched by Remilia Corp, its FDV hit $600M+ fast, hyping the NFT world. CULT’s not just a meme coin—it’s a “memeplexcoin” driving a self-organized, meme-powered movement.

CULT memecoin is the latest craze, blowing up the crypto scene with a jaw-dropping $207M airdrop for Milady NFT holders. Big names like Aave’s Stani and Dragonfly’s Tom Schmidt cashed in, scoring $100K and $150K, respectively. The top recipient? A mind-blowing $2.22M!

The hype is real. CULT launched on Ethereum last Thursday, and its FDV shot past $600M instantly, peaking at $845M before settling around $630M. Created by Remilia Corporation, the brains behind Milady Maker NFTs, CULT isn’t your average meme coin. It’s labeled a “memeplexcoin” by Remilia’s leader, Charlotte Fang, who calls it an ecosystem coin for a self-organized, memetic movement. Fancy, right?

Half of CULT’s 10B token supply fuels the “Cult Fund,” with 50% used during launch and the rest saved for future seasons. Meanwhile, 15% is locked for the team with an 18-month vesting, and the treasury holds up to 35% with a six-month lock.

The launch came with a wild twist—massive airdrops targeting Milady Maker and Redacted Remilio Babies holders. CULT isn’t just a meme token; it’s flipping the NFT and crypto game. With projects like Pudgy Penguins eyeing the meme coin scene, CULT is setting the bar high for what’s next.

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XRP Targets $2 Support as Market Correction Intensifies

XRP popped over $2.50, hyped by Ripple’s SEC progress and clearer crypto rules, but slammed into resistance at $2.40 and started dipping. Now at $2.18, it’s down 9% as whales cash out and $53M in longs got wrecked. If $2 support cracks, $1.75 could be next. Momentum’s fading fast.

XRP had a wild ride recently, blasting past $2.50 with over 400% gains from its $1 breakout. The pump came thanks to Ripple’s legal wins against the SEC and the crypto world pushing for clear rules. But then, bam — XRP hit resistance at $2.40 and started sliding.

Liquidations have been brutal. Over $53M in long positions got wrecked in just one day, while $12M in longs and $4.2M in shorts were wiped out more recently. Smaller investors are dipping out, and even whales seem to be cashing in as XRP struggles to stay afloat.

Now, all eyes are locked on the $2 mark — a do-or-die support level. If XRP falls below $2, it could freefall to $1.88 or even $1.75. Indicators aren’t looking too hot either: RSI is down to 60.65, showing fading hype, OBV signals less buying action, and the MACD says selling pressure is up.

Still, if XRP bounces back hard from $2, there’s hope to reclaim $2.50 and keep the bullish vibes alive. As of writing, XRP is down by 9% to $2.18, with market cap dropping to $124B. Can it hold the line, or is more pain coming? Stay tuned

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Baby Doge Coin Surges 49% Amid Musk’s Cryptic Tweet

Summary: Increased whale activity and futures trading drove Baby Doge Coin’s 49% 24-hour surge. Elon Musk’s mysterious tweet with the words “Doge & Minidoge” is widely regarded as the rally’s catalyst. Analysts and traders are currently watching for the coin’s next level of resistance.

Meme Coin Madness: Baby Doge Goes Viral

The price of Baby Doge Coin has skyrocketed by 49% in a single day, going from $0.000000004109 to $0.000000006077. This action ends a price decline that began in January 2022, during which time the majority of cryptocurrencies experienced a decline. Baby Doge is demonstrating that it is more than just a meme, as evidenced by its trading volume approaching $475 million and market capitalization just under $1 billion. Futures open interest increased 44% in a single day, indicating strong demand from derivatives traders who were banking on the increase.

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Musk and Whales: The Ideal Combination

According to IntoTheBlock, major players are swarming into Baby Doge Coin, with 10.21 trillion tokens moving in a single day. Since mid-November, the number of token holders has increased by 15%. Elon Musk’s mysterious tweet that included the phrase “Doge & Minidoge” coincided with the price pump, which increased the excitement and sparked rumors that he had an indirect hand in the rise.

What’s Next for Baby Doge

The coin has potential to increase, according to technical indicators, as bullish momentum has propelled it to its highest point ever, $0.000000006345. Breaking this barrier, according to analysts, would cause Baby Doge to drop to $0.0000000065. All eyes are currently on the market to see if the excitement results in long-term profits.

Ethereum Booms: $17 Billion on the Move as Activity Spikes 300%

Ethereum’s been popping off! Activity spiked 300% this week with whales moving $17.15B in a day. ETH hit $4K for the first time in months, while ETFs saw record inflows of $428M. Bullish vibes all around, as Bitcoin also smashed $100K. The crypto market’s on fire!

Ethereum is absolutely vibing right now, and the numbers are wild! Over the past week, ETH’s activity shot up by 300%, with whales (aka the big-money players) making moves worth a jaw-dropping $17.15 billion in just one day. According to crypto analyst Ali, this spike is all about those huge transactions, typically over $100K, signaling some serious action in the market.

Why’s this happening? Well, it’s not just ETH—it’s the whole crypto scene. Bitcoin finally smashed past $100K (yes, it happened!) and peaked at $104K, pulling Ethereum up with it. ETH crossed $4K for the first time in ages, hitting $4,096 during the bull run. Bulls are trying to keep it up, but bears are playing defense at the $4K line.

Meanwhile, Ethereum exchange-traded funds (ETFs) in the U.S. had their best day ever, pulling in $428M. Overall, a whopping 108,045 ETH worth $433M flowed into these funds on Dec. 6. That’s some next-level demand.

What does it all mean? For starters, whales are either stacking or dumping big-time, and both can be a big deal. When whales move, the market has to listen. This level of activity hints at strong optimism and potential for more growth.

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Ripple CEO Highlights Mutual Support Between Trump and the Crypto Industry

Ripple’s CEO, Brad Garlinghouse, spilled on 60 Minutes about Trump’s crypto glow-up. Once calling Bitcoin a “scam,” Trump now vibes with crypto, backing it in his campaign and appointing pro-crypto peeps post-election. Crypto clout soared, boosting Bitcoin past $100K and helping elect both GOP and Dem crypto-friendly lawmakers.

In a recent 60 Minutes chat, Ripple CEO Brad Garlinghouse spilled the tea on Trump’s surprising crypto journey. Flashback to three years ago, Trump was all “Bitcoin is a scam” and hated how it messed with the U.S. dollar’s swagger. Fast forward to today, and it’s a whole new vibe.

Turns out, Trump’s crypto conversion isn’t just talk. During his campaign, he hyped up crypto hard, promising to make moves to grow the industry—and after winning the election, he delivered. First big move? Booting Gary Gensler as SEC Chair (the guy crypto folks weren’t loving) and replacing him with crypto-friendly Paul Atkins. That power play? It sent Bitcoin skyrocketing to over $103K, its all-time high.

Garlinghouse didn’t just praise Trump’s shift; he highlighted how the crypto fam flexed big-time in the elections this year. The Fairshake PAC, a pro-crypto squad, had an insane win streak, helping 85% of its endorsed candidates score big—yep, that’s both Republicans and Democrats. Names like Elissa Slotkin and Ruben Gallego owe a big thanks to crypto’s support.

Brad’s take? This is just the beginning. Politicians on both sides are catching crypto fever, realizing the power of the digital asset community. “Crypto’s not just shaping markets anymore—it’s shaping politics,” he said, basically calling this a level-up moment for the whole scene.

Crypto’s influence? Unstoppable. Trump and the digital asset world? Looks like they’re besties now.

Continue Reading: Ethereum Booms: $17 Billion on the Move as Activity Spikes 300%

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