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Circle is joining the big leagues as its market capitalization closes on Coinbase and Robinhood, even as Cathie Wood’s Ark Invest reduces its stake in the USDC stablecoin issuer. Circle’s market cap surged past $63.8 billion yesterday, a nearly 750% increase since its IPO launched less than three weeks ago. Coinbase has a market cap of $78 billion and Robinhood stands at $68 billion CRCL shares hit an intraday record high near $299 before settling at $263.45, up more than 9% on the day and 865% since launch. Cathie Wood Trims Circle Stake, Buys Coinbase, Robinhood As Circle closes on Robinhood and Coinbase, Cathie Wood-led investment firm Ark Invest is taking profits. The firm sold $109.6 million worth of Circle shares across its multiple ETFs (exchange-traded funds) yesterday following a series of CRCL sales over the last couple of weeks. Ark Invest at the same time increased its exposure to Coinbase and Robinhood, buying $1.3 million and $24.4 million worth of their ...

The Official Trump (TRUMP) token is now the worst-performing cryptocurrency among the top 100 by market capitalization, as an increasingly bitter public feud between US President Donald Trump and tech billionaire Elon Musk spills over into crypto markets. According to data retrieved by Finbold research from CoinMarketCap, TRUMP’s market cap plummeted from $2.168 billion to $1.935 billion over the past 24 hours, erasing $233 million in value. At the time of writing, TRUMP is trading at $9.66, down 10.74% on the day and 15.58% over the past week. Official Trump biggest loser among top 100 cryptocurrencies. Source: CoinMarketCap The sell-off comes amid a dramatic surge in trading activity. 24-hour volume soared to $876.85 million, up 211.87%, as traders rushed to position around the fallout from Trump and Musk’s increasingly personal public spat. Politics and crypto collide The rift between Trump and Musk, once unlikely allies, went viral after Musk publicly c...

With Bitcoin surging once again, billionaire Tim Draper has predicted that BTC will replace the globally dominant US dollar over the next 10 years. Indeed, the venture capitalist discussed the leading cryptocurrency and why it may be set to become the global standard over the next decade. Additionally, Draper projected Bitcoin to reach a price of $250,000 by the end of the year. That prediction aligns with statements made by Standard Chartered Bank, which recently said BTC was on pace for a $120,000 price point in Q2 of this year. Source: Watcher Guru Also Read: Tim Draper reveals his Billion-Dollar Cryptocurrency Portfolio Billionaire Venture Capitalist Says Bitcoin Will Replace The US Dollar In The Next Decade Entering 2025, Bitcoin and the cryptocurrency market were a clear focal point. With the return of Donald Trump to the White House, the nation got its very first pro-crypto administration. Subsequently, many experts foresaw the presence of favorable regulation for the asset clas...

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One layer-1 altcoin is surging after a surprise listing by Binance, the world’s largest crypto exchange by trading volume. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Viction (VIC), formerly known as TomoChain. As the listing announcement went out, VIC exploded and is currently up 81% in the last 24 hours, trading for $0.36 at time of writing. With a market cap of $42.3 million, VIC is the 694th largest crypto project. Viction aims to create a network of apps on its blockchain by offering zero-gas transactions, enhanced security and improved scalability. The network says it employs 150 masternodes utilizing a Proof-of-Stake (PoS) consensus. “Viction is a people-centric blockchain, offering zero-gas transactions and enhanced security to make Web3 easy and safe for everyone. Now with Viction World Wide Chain, we provide a novel solution representing a network of app chains that operate concurren...

Sui (SUI) is trading at $4.75, holding a $14 billion market cap and a spot in the top 15 cryptocurrencies. The token has seen significant interest, rising 19% in the last 24 hours with a trading volume of $4.3 billion. With positive momentum building, can SUI break through the $5.00 barrier? SUI Key Statistics Current Price : $4.75 Market Cap : $14 billion Trading Volume (24h) : $4.3 billion Circulating Supply : 2.9 billion SUI Total Supply : 10 billion SUI CoinMarketCap Ranking : #14 Sui is currently 3.07% below its highest price in the past 30 and 7 days, reflecting some recent price consolidation. However, it has demonstrated impressive growth, surging 60.69% from its 30-day low and 20.96% from its 7-day low, signaling strong recovery momentum. SUI/USD Market Key Levels Resistance: $4.95, $5.00, $5.10 Support: $4.50, $4.20, $3.45 SUIUSD – Daily Chart The SUI/USD daily chart shows the price currently trading at $4.75, with bullish momentum aiming toward the re...

XRP surged over 6% in the last 24 hours after Ripple CEO Brad Garlinghouse announced the company’s RLUSD stablecoin received regulatory approval from the New York State Department of Financial Services (NYDFS). “This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon,” Garlinghouse said in a Dec. 10 X post . XRP Outperforms Bitcoin And Ethereum With the recent gain, XRP managed to outperform crypto market leaders Bitcoin (BTC) and Ethereum (ETH) in the last 24 hours as well. Leading crypto BTC only experienced a minor uptick in price during the same period, while ETH saw its price drop over 2%. XRP reached a 24-hour high of $2.41 after dropping to an intraday-low of $1.91. It has since retraced slightly to trade at $2.30 as of 2:55 a.m. EST. The gain posted throughout the past trading day also added to the crypto’s positive monthly streak. As a result, the crypto is up more than 299% over the past 30 ...

The Ondo price prediction sees a 7.80% price increase over the past 24 hours of trading as the coin touches the daily high at $1.27. Ondo Prediction Statistics Data: Ondo price now – $1.26 Ondo market cap – $1.75 billion Ondo circulating supply – 1.39 billion Ondo total supply – 10 billion Ondo CoinMarketCap ranking – #64 The ONDO token has experienced remarkable growth since its all-time low of $0.08355 on January 18, 2024, rising by +1403.38%. ONDO price peaked at $1.48 on June 3, 2024, and currently fluctuates between $1.12 and $1.27 in the last 24 hours. This impressive performance underscores the token’s potential for significant growth, making it an important one to track in the crypto space. ONDO/USD Market Key Levels: Resistance levels: $1.50, $1.60, $1.70 Support levels: $0.95, $0.85, $0.75 ONDOUSD – Daily Chart ONDO/USD is currently experiencing a significant bullish trend that commenced after November 10th. This upw...

Pepe (PEPE) has had an incredible run over the last few weeks. The Solana-based meme coin’s price skyrocketed after Bitcoin (BTC) hit a new all-time high earlier this month. The frog-themed memecoin briefly climbed into the top 20 projects by market cap but has since slipped to the 22nd spot. Also Read: Bitcoin: MicroStrategy to Raise $1.75B For BTC Purchase PEPE has faced a 3.6% correction in the daily charts. Despite the dip, the asset is up by 55.6% in the weekly charts, 149% in the 14-day charts, and 96.6% over the previous month. The asset’s price has also risen by 1695.3% since November 2023 and 36,472.5% since April 2023. Source: CoinGecko Apart from the frog-themed crypto, other Solana-based memecoins, such as dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), Peanut The Squirrel (PNUT), etc., have also displayed incredible performance over the last few days. How To Become A Millionaire When PEPE Hits $0.0005? Source – CryptoRank The frog-themed crypto has experien...

In what is a monumental moment for the company, Apple (APPL) has released its first batch of AI tools for products as stocks race to reach a $4 trillion market cap is officially underway. The company has begun the rollout of artificial intelligence products for the iPhone, iPad, and iMac. The release is for users of these products in the United States and represents a massive milestone for the company. The generative AI tools were first announced in June. Moreover, they represent the first official AI venture for the company’s immensely successful line of products. They couldn’t have come at a better time, with 2025 likely to see APPL and Nvidia (NVDA) eyeing the record market cap figure. Source: Apple Inc Also Read: Apple (AAPL) Stock Plummets: iPhone 16 Orders Slashed by 10M Units Apple Looking to $4 Trillion Market Cap as AI Tools Get Launch Four years ago, Apple became the first company to reach a $2 trillion market cap. It had more than doubled its value in two years, r...

Tether (USDT) has recently experienced sustained capital inflows, with the stablecoin hitting historic market cap levels. While such a trend is historically positive for the crypto market, Analysis suggests that this momentum may not be ideal for Bitcoin (BTC). Specifically, USDT dominance has been rising, a factor that could signal a possible reversal in Bitcoin’s price, which is attempting to breach the $70,000 spot and possibly target a new all-time high, according to an Analysis by Alan Santana shared in a TradingView post on October 26. USDT market dominace chart. Source: TradingView It is worth noting that Tether’s dominance highlights the market share of USDT among all cryptocurrencies. The metric is a barometer for market sentiment and liquidity flow between stablecoins and other assets like Bitcoin. Picks for you ...

Whales have been gobbling up Ethereum (ETH), the native token for the decentralized exchange (DEX) Uniswap (UNI) and a handful of other decentralized finance (DeFi) tokens, according to the crypto tracker Lookonchain. Lookonchain notes one unknown whale wallet withdrew 299,133 UNI worth $2.39 million from the crypto exchange Gate.io over the weekend. The same whale has also recently been accumulating other DeFi altcoins, withdrawing 19,373 Aave (AAVE) worth $2.95 million and 596 Maker (MKR) worth $805,000 from Binance between August 13th and Sept 12th. Lookonchain also notes that a whale wallet related to the investment firm Longling Capital bought 5,000 ETH worth $12.34 million over the weekend. The wallet now holds a total of 68,064 ETH worth more than $168 million. A third whale bought 31,173 AAVE worth $4.8 million on Sunday and subsequently deposited it into Aave to borrow funds and accumulate more tokens. “Then he borrowed 2.7 million GHO from Aave a...