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MOODENG skyrockets 66% as Coinbase announces listing

  • MOODENG price spiked 66% after Coinbase announced listing of the meme coin.
  • Coinbase is a leading US-based crypto exchange.
  • Gains for Moo Deng come as most tokens eye new momentum.

Moo Deng, a meme coin on Solana that went viral amid the global attention on baby hippo in Thailand, has seen its price skyrocket amid a major announcement from Coinbase.

On Monday, Dec. 2, cypto exchange Coinbase announced that it had added Moo Deng (MOODENG) on on its listing roadmap. The price of MOODENG jumped a massive 66% as the community reacted to the listing news.

At the time of writing, Moo Deng price hovered around $0.5993, going vertical from around $0.29. Coinbase’s listing news contributed to this upside, with the meme coin hitting winning ways to lead the top 100 coins by market cap.

MOODENG price chart on CoinMarketCap

The gains see MOODENG recapture levels seen around Nov. 18, stemming the downside that followed the spike to the all-time high of $0.6804. Current prices for the meme coin mean its just 12% from the peak hit on November 15, 2024.

In the past month, meme coins slowed as Bitcoin rose towards the $100k level. The surge for XRP in the past week also relegated top meme coins to spectators of the major rally. However, analysts are upbeat about the overall market, with meme coins in the mix for a potential supercycle.

Binance listed MOODENG futures in October, with the token also spiking as the market reacted positively.

The post MOODENG skyrockets 66% as Coinbase announces listing appeared first on CoinJournal.

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BitGo launches a global version of its digital assets solutions for retail investors

  • BitGo launches a global platform offering trading, staking, and wallet solutions.
  • Retail users will get cold storage, self-custody, and seamless wallet fund transfers.
  • US sign-ups will enter a prize draw to win one Bitcoin.

BitGo, a prominent cryptocurrency custodian, has unveiled a global version of its digital assets solutions tailored to retail investors.

After over a decade of providing institutional-grade services, BitGo is now expanding its offerings to everyday crypto enthusiasts, bringing the same high-security measures that have made it a trusted partner for major companies and exchanges.

BitGo’s retail platform

The new platform, launched on December 2, provides users with a comprehensive suite of services including trading, staking, and wallet solutions. In addition, the BitGo retail platform incorporates regulated custody, which allows for both cold storage and self-storage options.

This dual approach enables users to have flexibility in how they manage their digital assets, whether through fully custodial wallets or by maintaining self-custody.

The platform’s flexibility extends to the ability to seamlessly move funds between custodial and non-custodial wallets within the same user interface. This integration gives retail investors the ability to easily manage and transfer their assets while maintaining a high level of security.

In a bid to attract new users, BitGo is also offering a special promotion. US customers who sign up for the service will automatically be entered into a prize draw to win one Bitcoin.

BitGo CEO Mike Belshe emphasized that the new offering is designed to provide the same institutional-grade security that has made BitGo a leader in the digital asset space.

BitGo’s entry into the retail space aligns with its broader diversification strategy. In recent months, the company announced plans to launch a US dollar-pegged stablecoin and a regulated platform for managing Web3 native tokens.

With a current valuation of $1.75 billion, BitGo serves over 1,500 clients in more than 50 countries, including high-profile names like Nike and over 150 crypto exchanges.

By entering the retail market, BitGo aims to bridge the gap in reliable custody solutions for individual crypto investors, cementing its position as a leader in the digital assets industry.

The post BitGo launches a global version of its digital assets solutions for retail investors appeared first on CoinJournal.

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Ethereum ETF Inflows Spike on Renewed Interest

  • Spot Ethereum ETFs saw $333 million in inflows on Friday, November 29th, which shows institutional interest in the second-largest cryptocurrency.
  • Experts attribute this renewed interest to expectations for clearer crypto regulations in the US and a positive outlook on DeFi.

The top 10 spot Ethereum ETFs in the US recorded $333 million in inflows on Friday, following a positive week of inflows totalling $466.5 million, outpacing Bitcoin which recorded $318.60 million on Friday and a weekly net outflow of $136.5 million.

Since Ethereum spot ETFs were approved by the SEC in July 2024, the crypto’s price has lagged behind Bitcoin’s and the wider crypto market despite the industry’s clamour for approval. Ethereum’s price fell roughly 32% in the first 15 days after approval compared to Bitcoin’s which fell only 15.02% within the same period after the Bitcoin ETF approval in January 2024.

Renewed interest in Ethereum

Despite Ethereum’s paltry performance, recent data shows rising interest as institutions and traders turn their eyes to crypto.

The Future Finance Report from Sygnum Digital Bank, which measures market sentiments and the behaviours of professional and institutional investors, showed that 90% of the 405 traditional investors surveyed were currently invested in blockchain protocol coins (which are largely Layer 1 coins).

The report also showed that 31% of the respondents who already hold crypto planned on increasing their allocation in Q4-2024 while 32% planned to increase their portfolio in the next six months.

Of the respondents who did not currently hold cryptocurrency in their portfolios, 43% planned to increase allocation within the next year. Overall, 79% of all respondents planned to increase allocations within the next 6 months.

Ethereum’s open interest grows

CME OI historicals for Ethereum show that open interest has been on the rise since Nov. 4th and is at $3.01 billion as of publishing, signalling more institutional interest in Ethereum.

Ethereum has been on an uptrend since reaching a yearly low of around $2,100 in August and is now closer to its yearly high at $4,100.

Ethereum trades at $3,600 as of writing, close to its yearly high.

 

 

 

 

 

 

 

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iDEGEN hits $1.6 million as AI tokens bid to join altcoin party

iDEGEN has hit the crypto market running, riding a major bullish mood engulfing the entire market.

This comes as traders cheer Bitcoin’s massive and record monthly green candle. As the benchmark crypto looks to break the sell wall at the $100k level, several altcoins are toying with levels that have traders excited.

Amid the market-wide buzz is an aggressive positioning across the artificial intelligence related space. Some of the best performing tokens in the last few months have been AI tokens, which has analysts pointing to the real upside as one ahead.

Does this make iDEGEN the biggest opportunity among AI tokens as the bull run shapes up? Here’s more.

Altcoins eye rally

While Bitcoin has struggled with the sell wall at $100k, bulls remain upbeat amid a rising supply shock. Demand for the flagship cryptocurrency has seen multiple publicly-listed companies announce major moves to buy BTC.

The bullish predictions for Bitcoin have also extended to top coins Ethereum, XRP, Solana and Cardano.

However, analysts are most bullish about small caps and gems in emerging crypto market segments. In 2025, the most profitable tokens are likely in AI. Notably, it’s AI agents that have the market in alert mode. This subsector of the AI and crypto merge has received massive traction after platforms like Terminal of Truth made Goateus Maximus a bull market sensation.

According to crypto analyst Miles Deutscher, the industry has yet to hit even 0.01% of what these projects can offer.

“From Adobe to Expedia, many top corporations have built & integrated AI Agents in the past 1-2 years. This trend is only going to increase,” Deutscher said.

iDEGEN races to $1.6 million presale raise

iDEGEN’s freelance operation with its launch based on zero knowledge is purely dependent on the real time interactions with users on X. Currently in its presale phase, the iDEGEN token has raced to over $1.6 million.

This comes as tokens sold in the past week surges to over 385 million, adding to IDGN token’s viral spike after raising over $1 million in just over 72 hours.

IDGN is “sentient” and “degenerate”.

Ideally, iDEGEN is an AI project that engages the crypto community through X, tweeting every sixty minutes as its learning evolves. The design starts with a blank AI, but degens have the opportunity to teach it and help it take over crypto twitter.

As an AI powered “born and raised” agent, iDEGEN has the potential to grow into what the crypto degen community wants. The native token IDGN could evolve similarly, following this trend to surpass GOAT and others.

iDEGEN will launch in January, and investors have a chance to buy early into a sector at the cusp of a major breakout. Top industry players are making moves that mean the whole sector is only getting started.

At $0.0201, IDGN is still a relative bargain for a token that could go 100x or more in the next bull cycle.

Do you want to learn more about iDEGEN or how to buy IDGN? Visit the official presale page.

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