Bitcoin Correction Looms as Analyst Predicts Drop to $85,600 Without $100K Breakthrough
Bitcoin’s (BTC) recent rally faces a potential setback, with an analyst warning of a significant correction unless the cryptocurrency surpasses the critical $100,000 resistance level. TD Sequential Signals Correction On Nov. 12, 2024, an X…
Ethereum Foundation Launches Attackathon to Strengthen Protocol Security
The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from…
New Record for Solana Decentralized Exchanges With Monthly Volume Surpassing $100 Billion
Over $116 billion worth of decentralized exchange (dex) trades have been placed on the Solana network in November. Record Volume for Solana DEXs As of Nov. 25, Solana’s monthly trade volume on decentralized exchanges (dexs) surpassed $100…
3 Meme Coins to Buy Before the 2025 Crypto Bull Run: SLAP, PEPU, PNUT
Investors are excited about a potential bull run in 2025. Some are already searching for the next meme coin sensation – the coin that could challenge DOGE and SHIB for market dominance. Three coins, in particular, are generating enormous…
Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTC
Semler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance…
ELF, SAND, GLM, and ENS Shine: Crypto Economy Hits $3.35 Trillion With 1.46% Daily Growth
On Monday, the crypto economy nudged upward by 1.46% over the last 24 hours, reaching a hefty $3.35 trillion. While bitcoin (BTC) and ether (ETH) maintained their usual pace, a few standout digital assets stole the limelight. Among the frontrunners…
Microstrategy shatters records, acquiring 55,500 more BTC for $5.4 billion, pushing its massive holdings to 386,700 BTC in an unprecedented crypto dominance move. 386,700 BTC Milestone: Microstrategy Secures 55,500 More Bitcoins for $5.4 Billion…
As of Nov. 25, 2024, the price of bitcoin (BTC) has traded between $97,076 and $97,547 within the past hour, displaying a strong bullish trajectory across multiple timeframes. Technical indicators suggest a mixture of neutral momentum and buy…
President Nayib Bukele Hints at ‘Rent-a-Volcano’ Bitcoin Mining Service
Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes. The leader stated that a green energy program harnessing volcano energy “might actually make sense.”…
HTX DAO Launches Recruitment for New Governance Committee Members to Foster Sustainable Development
PRESS RELEASE. To further advance the decentralized governance process, HTX DAO is now launching a global recruitment program for its new governance committee. They are seeking highly qualified candidates passionate about the crypto industry and…
Cloud Mining Company Bitfufu Joins the FTSE Global Micro Cap Index
Singapore-based cloud mining service Bitfufu (NASDAQ: FUFU) has officially been included in the FTSE Global Micro Cap Index. This milestone not only highlights the company’s growth trajectory but also showcases the rising prominence of…
Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now
Jon Erlichman, a BNN Bloomberg commentator, recently conducted an informal survey on the streets, asking several people whether they would prefer a ticket to a Taylor Swift concert or a bitcoin. Most of those polled stated they preferred to receive…
Coinbase Explores Blockchain Partnership With Kenya’s Safaricom
Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move aligns with Coinbase’s broader strategy of promoting crypto adoption in Africa, particularly in Kenya and Nigeria. Coinbase…
CatCoin ($CAT) Launches “Trail of the Cat” Airdrop Campaign on Solana
PRESS RELEASE. Muscat, Oman, November 25th, 2024, Chainwire. CatCoin ($CAT), a deflationary memecoin on Solana, introduced an airdrop campaign catering to its growing community. The “Trail of the CAT” airdrop campaign engages users in various tasks…
Bitget Now Supports Bank Transfers in Vietnam via QR Codes
Bitget has announced its integration of bank transfers in Vietnam through QR codes, making it the first exchange to adopt this payment method. This new feature allows users to deposit Vietnamese Dong (VND) and withdraw funds seamlessly, enhancing…
The Bank of Russia’s report highlights the potential benefits of tokenizing real-world assets but also emphasizes the need for a clear regulatory framework. Expanding the Value of Traditional Assets While tokenization has the potential to…
Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore a proposal by Max Keiser that would make El Salvador a pioneer in nation-state debt…
SEC Push Against Elon Musk Stalls as Judge Denies Sanctions
A U.S. federal judge declined the SEC’s request to sanction Elon Musk over his absence from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled sanctions unnecessary as Musk…
New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn
U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative payment methods, such as using…
China Unearths Massive Gold Veins That Could Reshape Global Markets
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold…
Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan
Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings. Cantor Fitzgerald’s Crypto…
JPMorgan Casts Doubt on Elon Musk’s D.O.G.E. Pursuit of Federal Reform
JPMorgan has warned the Elon Musk-led Department of Government Efficiency (DOGE) will face significant hurdles, citing Congress’ control over spending. Elon Musk’s DOGE Sparks Debate as JPMorgan Casts Doubt on Its Feasibility JPMorgan Chase…
Sony’s Soneium Might Be the Answer to Mass Web3 Adoption
If you are unfamiliar with the launch of Soneium, you need to read this article because Sony is positioning itself as a bridge for mainstream audiences into Web3. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and…
From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets
In the past week, the crypto market has been buzzing with action, with bitcoin smashing its way to a new all-time high of $99,800 per coin on Thursday. Data reveals an intriguing dynamic during this period: while the Coinbase premium climbed, South…
Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, Max Keiser floats an idea to allow El Salvador to acquire more bitcoin, Argentine President Javier Milei…
The Impact of Recent Elections on US Crypto Policy: Coin Center Shares Insights
The recent U.S. elections could significantly shape the regulatory landscape for cryptocurrencies, according to Coin Center, a nonprofit focused on policy issues in the sector. Coin Center Analyzes Post-Election Crypto Policy Shifts In a detailed…
French Users Reportedly Blocked From Polymarket Predictions Market
Social media reports suggest that Polymarket has blocked French users and warned against attempts to circumvent the block. According to one social media post, Polymarket now includes France-based users on its list of restricted users. Claims that…
$500M WBTC Burned in the Wake of Coinbase’s Delisting Move
Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec. 19, 2024. In the days following the announcement, the WBTC supply has contracted. Wrapped Bitcoin’s Supply Drops by 5,844 Coins in 8 Days On…
The recent bitcoin price hike that has driven exchange rates close to $100,000 per token has also fueled the demand for and prices of Bitcoin exchange-traded fund (ETF) shares in the Brazilian stock exchange. Hashdex, the first crypto ETF launched…
Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step
Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The…
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