SEC Clashes With Do Kwon and Terraform Labs in Court, Alleging ‘Clear, Undisputed’ Fraud
Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion of its…
BNB Price Shows Signs of Life But $250 Is The Key To More Upsides
BNB price avoided a major decline below $200 and recovered against the US Dollar. It climbed above $235 and now faces many hurdles near $245 and $250. BNB price is slowly moving higher toward the $250 resistance. The price is now trading above $235…
Ethereum Price Grinds Higher and Liftoff Toward $2,000 Seems Imminent
Ethereum price is moving higher above $1,850 against the US dollar. ETH is outperforming Bitcoin and might climb further higher toward the $2,000 resistance. Ethereum is gaining pace for a move toward the $2,000 level. The price is trading above…
Elon Musk Confirms None of His Companies Will Ever Create a Crypto Token
Tesla and Spacex CEO Elon Musk has confirmed that none of his companies will ever launch a crypto token. His clarification came after his artificial intelligence company’s name was used in a cryptocurrency, and several articles associated…
Bitcoin Price Faces Big Challenge – Can Bulls Send BTC To $37K?
Bitcoin price is facing a major hurdle near $35,250. BTC could rally toward $37,000 once it clears the $35,250 and $35,500 resistance levels. Bitcoin is aiming for a fresh move above the $36,000 resistance zone. The price is trading near $34,850…
Berkshire Vice Chair Charlie Munger Compares Bitcoin to a ‘Stink Ball’ Among Traditional Currencies
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says he is concerned when the price of bitcoin rises. The 99-year-old compared the cryptocurrency to a “stink ball” among traditional…
Moonstone Research Study Etches Doubts on Monero’s Privacy; Crypto Community Reacts
On September 1, 2023, hackers made off with 2,675.73 monero (XMR), worth over $3 million at the time, from the Monero CCS donation wallet in nine separate transactions. Now, blockchain analysis firm Moonstone Research has traced forward through…
$15K to $45K — 6 AI Chatbots Weigh in With Conservative Bitcoin Forecasts for Year’s End
Four months ago, Bitcoin.com News engaged with six generative AI chatbots, prompting them to forecast bitcoin’s value at the close of 2023. The collective consensus of these AI systems anticipated BTC to land between $40,000 and $50,000 by…
As September 2023 waned, there was a noticeable dip in the creation of Ordinal inscriptions, but as the month of October closed, a significant rebound occurred. This upward trend peaked on November 4, 2023, when the Bitcoin blockchain recorded the…
Monero’s community wallet loses all funds after attack
A security breach has resulted in the loss of 2,675.73 XMR from Monero's community crowdfunding wallet. The cause and source of the breach remain unidentified.
Rebel Satoshi Positions Itself as a Bull Market Meme Coin
While trends in the crypto world may come and go, the Meme coin fever appears to be here to stay. Within the cryptocurrency realm, a diverse range of trends, including DeFi, NFTs, and Meme tokens, have emerged. One project that stands out in the…
NFT Markets Rebound With 18% Rise to $106M; Bitcoin NFTs Take Second Place Under Ether’s Lead
Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers…
Musk’s Plans for X, Celebrating Satoshi’s Seminal White Paper, Bitcoin ETF Predictions, and More — Week in Review
In this week’s top crypto news, Elon Musk talks about making social media platform X into something of a financial monolith, Bitcoin.com News celebrates the 15-year anniversary of the Bitcoin white paper with a look at Satoshi’s seminal…
This ‘Smart’ Whale Buys ETH Again – Could There Be An Incoming Price Surge?
In the last week, Ethereum (ETH) has attracted many investors’ attention as it gradually approaches the $1900 price region. Similar to many assets riding on the Bitcoin-fueled market rally, ETH, also known as Ether, is up by 5.85% in the last…
It’s been a strong week for smart contract platform tokens, with the top ten performers all notching growth against the U.S. dollar. The rise ranged from ethereum’s (ETH) 4.2% jump to solana’s (SOL) 32.5% surge. The smart…
Shiba Inu Whales Bet Big As Shibarium Grows – Road To $0.1?
Shibarium has had quite the adoption and growth since its launch. The layer-2 solution has grown in various metrics over the months, demonstrating strong momentum. Shibarium is closely approaching the 4 million milestone in total transactions. At…
OFAC Sanctions Russian National Accused of Using Virtual Currency to Launder Money
According to the United States Office of Foreign Assets Control (OFAC), Russian national Ekaterina Zhdanova has been sanctioned as punishment for using virtual currency to launder money for designated Russian elites. OFAC said Zhdanova’s properties…
Aave Protocol Halts Certain Market Operations Due To Bug Report
Decentralized finance (DeFi) platform Aave has suspended operations in a number of markets after receiving a problem report on a certain function of the protocol. DeFi Protocol Discovers Vulnerability; Is User Funds At Risk? On Saturday, November…
Barefoot Mining CEO Projects a 52.5% Cut in Bitcoin Rewards Post-Halving
This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each…
Crypto lawyer says $20M settlement is 99.9% win for Ripple
Deaton strongly refuted the idea that the lawsuit’s result was an even 50-50 outcome for the SEC, asserting that it leaned closer to a 90-10 advantage in favor of Ripple.
Block Inc. reported an increase in third-quarter earnings, with total net revenue climbing to $5.62 billion, marking a 24% year-over-year growth. Setting aside its bitcoin operations, the company’s revenue saw a jump to $3.19 billion, up 16%…
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