CRYPTO NEWS
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Trump’s election win revives push for comprehensive crypto reforms
by Gino Matos (CryptoSlate) on November 22, 2024 at 9:00 pm
Following Donald Trump’s election as the new US President, regulators are pushing for crypto market reforms, from establishing regulatory sandboxes to allowing tokenized funds’ shares as collateral in traditional derivatives trading. During an interview for Fox Business, SEC Commissioner Mark Uyeda said President-elect Donald Trump is right about stopping the war on crypto in the The post Trump’s election win revives push for comprehensive crypto reforms appeared first on CryptoSlate.
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Here’s what happened in crypto today
by Cointelegraph by Cointelegraph (Cointelegraph.com News) on November 22, 2024 at 8:39 pm
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Is Solana price primed for more upside now that SOL hit a new all-time high?
by Cointelegraph by Marcel Pechman (Cointelegraph.com News) on November 22, 2024 at 8:30 pm
Solana’s fresh all-time highs were driven by investors’ memecoin mania and euphoria over Bitcoin’s strong rally. Can SOL hit a new high?
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US SEC Commissioner Jaime Lizárraga to resign in January
by Charles Thuo (CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison) on November 22, 2024 at 8:09 pm
Jaime Lizárraga will resign as SEC Commissioner on January 17, 2025. His departure leaves only one Democrat on the SEC amid a Republican-led shift. Discussions intensify over the next SEC Chair, with crypto regulation in focus. In a significant development at the US Securities and Exchange Commission (SEC), Commissioner Jaime Lizárraga has announced that he The post US SEC Commissioner Jaime Lizárraga to resign in January appeared first on CoinJournal.
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UK to introduce comprehensive crypto regulations in 2025 as global competition heats up
by Assad Jafri (CryptoSlate) on November 22, 2024 at 8:07 pm
The UK is set to unveil a comprehensive crypto regulatory framework in early 2025, with plans to address oversight challenges for stablecoins, staking, and other digital asset services. The announcement was made during the City & Financial Global Tokenisation Summit in London on Nov. 22, signaling the Labour government’s intent to streamline rules for the The post UK to introduce comprehensive crypto regulations in 2025 as global competition heats up appeared first on CryptoSlate.
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Bitcoin LTHs Start Taking Profits – Metrics Reveal Whales Are Actively Spending
by Sebastian Villafuerte (NewsBTC) on November 22, 2024 at 8:00 pm
Bitcoin has reached new all-time highs for four consecutive days, hitting $99,500 just hours ago. The relentless surge has fueled extreme bullish sentiment in the market, with investors eagerly anticipating Bitcoin’s historic breakthrough of the $100,000 mark. However, on-chain data suggests that the rally may face challenges as signs of profit-taking emerge. Related Reading: Ethereum Consolidation Continues – Charts Signal Potential Breakout Key insights from CryptoQuant reveal that Long-Term Holders (LTHs) are actively spending their Bitcoin, capitalizing on profits exceeding 350%. This behavior indicates that some seasoned investors are beginning to lock in gains after the aggressive uptrend. Whale activity and profit-taking by LTHs could temporarily slow the rally, potentially triggering a consolidation phase before the next leg up. While Bitcoin remains shy of the six-figure milestone, […]
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Another Democrat Quits SEC After Gary Gensler—Here’s What It Means
by Sander Lutz (Decrypt) on November 22, 2024 at 7:51 pm
Jaime Lizárraga announced Friday that he will step down as SEC Commissioner in January, following Chairman Gary Gensler's lead.
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X teases money transfer feature as part of Musk’s everything-app vision
by Estefano Gomez (Crypto Briefing) on November 22, 2024 at 7:40 pm
X teases a money transfer feature under Musk's 'everything app' vision, bolstering X Payments and user engagement. The post X teases money transfer feature as part of Musk’s everything-app vision appeared first on Crypto Briefing.
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Stanford Researchers Built AI Agents That Accurately Predict Human Behavior
by Jose Antonio Lanz (Decrypt) on November 22, 2024 at 7:17 pm
Want to have your own dystopian clone? Stanford University has got you covered.
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Price analysis 11/22: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX, SHIB, TON
by Cointelegraph by Rakesh Upadhyay (Cointelegraph.com News) on November 22, 2024 at 7:15 pm
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
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Blockchain Association urges Trump to tackle crypto reform in first 100 days
by Gino Matos (CryptoSlate) on November 22, 2024 at 7:12 pm
The Blockchain Association has urged President-elect Donald Trump to take immediate steps to bolster the US crypto industry during the first 100 days of his term, according to a letter sent on Nov. 22 The association’s proposals center on establishing a comprehensive regulatory framework for digital assets, ending discriminatory banking practices against crypto firms, and The post Blockchain Association urges Trump to tackle crypto reform in first 100 days appeared first on CryptoSlate.
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Jim Cramer Says Bitcoin Is a ‘Winner’—Investors Would Really Rather He Not
by André Beganski (Decrypt) on November 22, 2024 at 7:07 pm
"Mad Money" host Jim Cramer is bullish on Bitcoin—and that's a bad thing, according to concerned investors citing the "inverse Cramer" effect.
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Turnover at SEC continues as Lizárraga announces January exit
by Cointelegraph by Ana Paula Pereira (Cointelegraph.com News) on November 22, 2024 at 7:01 pm
On the heels of Chair Gary Gensler’s resignation, SEC Commissioner Jaime Lizárraga has also decided to step down from his role at the agency.
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Cboe to launch first cash-settled Bitcoin index options
by Charles Thuo (CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison) on November 22, 2024 at 7:00 pm
Cboe to launch cash-settled Bitcoin index options based on the CBTX index on Dec 2. The options will offer indirect exposure to Bitcoin via US spot Bitcoin ETFs. Mini options and customizable FLEX options will also be available at launch. Cboe Global Markets, a leader in the derivatives and securities exchange network, has announced plans The post Cboe to launch first cash-settled Bitcoin index options appeared first on CoinJournal.
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Analyst Says the Shiba Inu Price ‘Looks Like Dogecoin’, Shares New Target
by Scott Matherson (Bitcoinist.com) on November 22, 2024 at 7:00 pm
A crypto analyst has drawn a distinct comparison between the Dogecoin and Shiba Inu price movements, noting that the trajectory of both meme coins closely mirrors each other. While he points out these similarities, the analyst has projected the next bullish target for Shiba Inu as its price action shows signs of a potential uptrend.
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Bitcoin prints record monthly candle, filing reveals Trump crypto platform: Finance Redefined
by Cointelegraph by Zoltan Vardai (Cointelegraph.com News) on November 22, 2024 at 7:00 pm
Bitcoin is inching up toward six-figure valuation as investor optimism remains high due to Donald Trump’s incoming presidency and optimistic signs for cryptocurrency regulation.
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The stablecoin showdown
by Cointelegraph by Adrien Stern (Cointelegraph.com News) on November 22, 2024 at 7:00 pm
The stablecoin market is heating up, but the future remains uncertain. Will one stablecoin dominate, or will multiple players coexist in a diverse ecosystem?
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Binance beefs up compliance team by 34% to 645 full-timers
by Cointelegraph by Derek Andersen (Cointelegraph.com News) on November 22, 2024 at 6:47 pm
Binance promised at least 200 new compliance staffers and it will have that by yearend.
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Jason "Spaceboi" Lowery's Bitcoin "Thesis" Is Incoherent Gibberish
by Shinobi (Bitcoin Magazine - Bitcoin News, Articles and Expert Insights) on November 22, 2024 at 6:38 pm
This space is full of incoherent nonsense paraded around as deep and insightful analysis, but nothing is as absurd as Jason Lowery's Softwar "thesis."
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Sui, Franklin Templeton launch ecosystem partnership
by Cointelegraph by Alex O’Donnell (Cointelegraph.com News) on November 22, 2024 at 6:38 pm
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
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Dogecoin Price Set To Skyrocket By Saturday, Warns Crypto Analyst
by Jake Simmons (NewsBTC) on November 22, 2024 at 6:30 pm
Crypto analyst Kevin (@Kev_Capital_TA) has identified a bullish pennant formation in the 4-hour Dogecoin / USD price chart, indicating that a significant price movement could occur by this coming Saturday. In a post on X, Kevin remarks: “Dogecoin is now forming a more defined potential bullish pennant that has multiple touch points on each side with plenty of consolidation time. Something to keep an eye on folks.” Dogecoin Price Breakout By Saturday? The chart shared by Kevin illustrates a bull pennant pattern. A bull pennant typically signifies a pause in a prevailing uptrend, followed by a potential continuation of that trend. This pattern is characterized by converging trend lines that encapsulate a period of price consolidation after a strong upward movement. In Dogecoin’s case, the pennant is delineated by converging yellow trend lines, indicating decreasing volatility and a […]
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Blockchain Association outlines ‘first 100-days’ priorities for Trump
by Benson Toti (CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison) on November 22, 2024 at 6:23 pm
Blockchain Association wants to see the establishment of a crypto regulatory framework as a priority. Trump should appoint a new SEC chair within the first 100 days. Other key areas include an end to the debanking of crypto companies and creation of an advisory council. Blockchain Association has sent a letter to US President-elect Donald The post Blockchain Association outlines ‘first 100-days’ priorities for Trump appeared first on CoinJournal.
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Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
by Jesse Hamilton (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 6:09 pm
Another Democratic commissioner on the Securities and Exchange Commission is following Chair Gary Gensler out the door in January, leaving the agency with a Republican majority as it weighs a likely course shift under the new administration of President-elect Donald Trump.
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State pension plans can adopt crypto more easily than private plans
by Cointelegraph by Vince Quill (Cointelegraph.com News) on November 22, 2024 at 6:05 pm
Pension funds often feature smaller alternative asset allocations and deep liquidity to mitigate risk, Allie Itami told Cointelegraph.
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What determines Bitcoin’s price?
by Cointelegraph by Jagjit Singh (Cointelegraph.com News) on November 22, 2024 at 6:05 pm
Bitcoin’s price is influenced by a mix of factors, including supply and demand dynamics, mining costs, regulatory developments, market sentiment and more.
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Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet
by Krisztian Sandor (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 5:58 pm
Dogecoin has a history of moving on Musk comments or payments-related developments of his companies.
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Gary Gensler Is Leaving the SEC, But Robinhood Exec Dan Gallagher Doesn't Want the Job
by André Beganski (Decrypt) on November 22, 2024 at 5:53 pm
Robinhood's Chief Legal Officer Dan Gallagher, viewed as a potential SEC Chair under Donald Trump, said he isn't interested in the role.
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Bitcoin to $100K: A matter of when, not if
by Cointelegraph by Big Smokey (Cointelegraph.com News) on November 22, 2024 at 5:52 pm
Bitcoin’s price inches closer to $100,000, where market participants have built $300 million in sell walls. Will BTC clear the $100,000 hurdle?
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Cboe unveils cash-settled spot Bitcoin options tied to ETF index
by Assad Jafri (CryptoSlate) on November 22, 2024 at 5:51 pm
Cboe Global Markets is set to launch the first cash-settled options tied to the price of spot Bitcoin (BTC), with trading set to begin on Dec. 2, according to a Nov. 22 press release. These options will be based on the Cboe Bitcoin Us ETF Index (CBTX), designed to reflect the performance of spot Bitcoin The post Cboe unveils cash-settled spot Bitcoin options tied to ETF index appeared first on CryptoSlate.
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Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund
by Tom Carreras (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 5:50 pm
Intelligent Alpha’s investment committee is composed of three AIs, and the fund's CEO tries to stay out of their way.
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Legacy Media’s Transformation: Why Evolution Beats Extinction
by Kristyna Mazankova (Bitcoin Magazine - Bitcoin News, Articles and Expert Insights) on November 22, 2024 at 5:50 pm
Legacy media is evolving as audiences demand transparency and independence. Bitcoin is paving the way for a new era of decentralized, trustworthy journalism.
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Coinbase App Gets Left Behind as Memecoin Craze Drives Traders On-Chain
by Danny Nelson (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 5:48 pm
Phantom, a crypto wallet with a steeper learning curve, is way ahead of exchange giant Coinbase in the Apple App Store rankings.
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Dogecoin Rising as Bitcoin Nears $100K—But XRP and Other Alts Are Hotter
by Mathew Di Salvo (Decrypt) on November 22, 2024 at 5:40 pm
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
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Blockchain Association outlines crypto priorities for Trump’s first 100 days
by Cointelegraph by Tristan Greene (Cointelegraph.com News) on November 22, 2024 at 5:33 pm
The Association ultimately seeks a swift end to the “regulation by enforcement” era of cryptocurrency oversight in the US.
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Court Says No: SEC Loses Battle Over Crypto Broker Regulation
by Christian Encila (Bitcoinist.com) on November 22, 2024 at 5:30 pm
In recent months, the Securities and Exchange Commission (SEC) under Gary Gensler has been under fire over its “regulation-by-enforcement” policy, and many are looking for clarity in crypto rules. Related Reading: Japanese Crypto Entrepreneur Sparks Controversy: ‘Yen Is Backed By Hostages’ Today, the crypto industry moved a few steps into clarity when a Texan federal
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Trump’s SEC chair frontrunner Mark Uyeda advocates for regulatory sandboxes in crypto
by Estefano Gomez (Crypto Briefing) on November 22, 2024 at 5:30 pm
Mark Uyeda, a Trump SEC chair frontrunner, champions crypto regulatory sandboxes to foster innovation and clarity in the industry. The post Trump’s SEC chair frontrunner Mark Uyeda advocates for regulatory sandboxes in crypto appeared first on Crypto Briefing.
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Polymarket access restricted in France amid gambling compliance review
by Vivian Nguyen (Crypto Briefing) on November 22, 2024 at 5:20 pm
The restriction highlights the growing tension between innovative financial platforms and traditional regulatory frameworks, impacting market dynamics. The post Polymarket access restricted in France amid gambling compliance review appeared first on Crypto Briefing.
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Polymarket Blocks Users in France After Trump Betting Controversy
by Sander Lutz (Decrypt) on November 22, 2024 at 5:20 pm
France’s gaming regulator investigated the crypto prediction market platform after a French trader attracted scrutiny for waging millions on a Trump victory.
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$99K And Climbing: Bitcoin Reacts To Gensler’s SEC Departure Announcement
by Christian Encila (NewsBTC) on November 22, 2024 at 5:00 pm
Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political and market events that have increased investor trust in digital assets. Related Reading: Bitcoin Barrels Close To $98,000—Is The $100K Barrier Next? Rumors of Securities and Exchange Commission (SEC) Chair Gary Gensler’s departure, as well as Donald Trump’s prospective crypto-friendly policies, have fueled the crypto space’s excitement. Inspired by hope for a possible change in US financial policy, Bitcoin surged to $99,126 from a dismal beginning of the session. Investors still think $100,000 is in the cards particularly considering the rise in cryptocurrencies approximately 40% following Trump’s anticipated re-election win earlier this month. A Pro-Crypto Administration? Reports show that the government of Trump is considering the […]
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Gary Gensler’s Departure Is No Triumph For Bitcoin
by Aaron van Wirdum (Bitcoin Magazine - Bitcoin News, Articles and Expert Insights) on November 22, 2024 at 4:23 pm
As the upcoming Trump administration is gearing up to establish a regulatory landscape facilitating full-on anything-goes multicoinery, and with Gary Gensler gone, we could well see the most atrocious scam coins proliferate and soar— before they inevitably implode.
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Magic Eden Token Airdrop Date Set as Pre-Market Value Hits $562 Million
by Logan Hitchcock (Decrypt) on November 22, 2024 at 4:22 pm
The ME Foundation has announced the date of its highly anticipated ME token launch, which could significantly benefit Magic Eden users.
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Ethereum inflation soars amid Dencun changes—less than 100k ETH away from pre-Merge levels
by Oluwapelumi Adejumo (CryptoSlate) on November 22, 2024 at 4:15 pm
Ethereum is undergoing its most prolonged inflationary period, with over 350,000 ETH (worth around $1.1 billion) added to its supply since the March Dencun upgrade, according to Ultrasound.money data. Ethereum’s current inflation rate is 0.35%. The increase has brought the total supply to 120.4 million ETH, leaving just under 95,000 ETH to match the levels The post Ethereum inflation soars amid Dencun changes—less than 100k ETH away from pre-Merge levels appeared first on CryptoSlate.
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Cboe set to launch first cash-settled options related to spot Bitcoin
by Estefano Gomez (Crypto Briefing) on November 22, 2024 at 4:13 pm
Cboe to launch SEC-regulated cash-settled Bitcoin options on December 2, enabling flexible exposure to spot Bitcoin ETFs. The post Cboe set to launch first cash-settled options related to spot Bitcoin appeared first on Crypto Briefing.
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US spot Bitcoin ETFs hit $30 billion in combined net inflows since January launch
by Rebecca Campbell (CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison) on November 22, 2024 at 4:09 pm
BlackRock’s IBIT attracted the most at over $600 million followed by Fidelity’s FBTC with $301 million The 12 spot Bitcoin ETFs have brought in a combined $30.35 billion since launching in January US spot Bitcoin exchange-traded funds (ETFs) took in $1 billion in daily total net inflows yesterday as Bitcoin inched closer to the $100k The post US spot Bitcoin ETFs hit $30 billion in combined net inflows since January launch appeared first on CoinJournal.
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DOJ Charges Five in ‘Scattered Spider’ Crypto Phishing Case
by Adrian Zmudzinski (Decrypt) on November 22, 2024 at 4:04 pm
The men are charged with harvesting credentials in order to steal millions of dollars worth of crypto from victims.
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Strategic Bitcoin Reserve Set To Be Created By Trump’s Crypto Council: Report
by Jake Simmons (Bitcoinist.com) on November 22, 2024 at 4:00 pm
President-elect Donald Trump’s transition team is reportedly set to implement the establishment of a national Strategic Bitcoin Reserve (SBR). At the center of this development is the formation of a crypto advisory council to revise US policy on digital assets, as Reuters reports. Major crypto companies are vying for seats on the council, including Ripple,
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Deribit Exchange announces integration of Ethena’s USDe as margin collateral
by Charles Thuo (CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison) on November 22, 2024 at 3:55 pm
Deribit will integrate Ethena’s USDe as collateral by January 2025. USDe’s decentralized model uses derivatives, unlocking new structured products. Ethena’s governance token ENA token hit an intraday high of $0.63 on the integration news. In a groundbreaking move for the cryptocurrency derivatives market, Deribit, one of the world’s largest crypto derivatives exchanges, has revealed plans The post Deribit Exchange announces integration of Ethena’s USDe as margin collateral appeared first on CoinJournal.
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Amazon doubles down on Anthropic with $4 billion investment
by Estefano Gomez (Crypto Briefing) on November 22, 2024 at 3:51 pm
Amazon invests another $4 billion in Anthropic, extending their AI partnership and naming AWS as the primary foundation model trainer. The post Amazon doubles down on Anthropic with $4 billion investment appeared first on Crypto Briefing.
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XRP Price Outlook Brightens: Expert Predicts $2 Target Post-Gensler Era
by Ronaldo Marquez (NewsBTC) on November 22, 2024 at 3:30 pm
On Thursday, the XRP price soared to $1.41, marking its highest trading value in over three years. This surge coincides with a shifting regulatory landscape in the United States, spurred by the anticipated administration of President-elect Donald Trump. During his campaign, Trump pledged to position America as the “crypto capital of the world,” a promise that is beginning to resonate with market participants even before his inauguration on January 20, 2025. Gensler Sets Last Day At SEC For January 20 In recent weeks, the cryptocurrency market has seen a notable uptrend, with Bitcoin leading the charge and achieving consecutive all-time highs. This momentum is in part a response to the positive sentiment surrounding Trump’s pro-crypto promises, which is expected to facilitate a more favorable environment for digital assets. Related Reading: FTX Provides Details On $16 Billion Distribution […]
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How to Talk About Crypto With Your Family This Thanksgiving
by Jonathan Isaac (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 3:30 pm
Need to explain BTC’s rally and significance for the future? CoinMarketCap’s Jonathan Isaac has some useful talking points.
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Binance user base surpasses 240 million as institutional onboarding doubles
by Oluwapelumi Adejumo (CryptoSlate) on November 22, 2024 at 3:15 pm
Binance, the world’s largest crypto exchange, has exceeded 240 million users globally, according to a Nov. 22 statement shared with CryptoSlate. This number means that the crypto trading platform has added 70 million new users this year, considering it finished 2023 with 170 million users. So, if Binance were a nation, its population would rank The post Binance user base surpasses 240 million as institutional onboarding doubles appeared first on CryptoSlate.
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Solana and Cardano investors are betting big on Rexas Finance, is it the next 10x altcoin?
by Onose Enaholo (CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison) on November 22, 2024 at 3:08 pm
Although Solana and Cardano have long been acknowledged as trailblazing blockchain systems, a new contender Rexas Finance (RXS) is attracting a lot of interest as a fresh rival. Rexas Finance is fast acquiring momentum in its presale phase at $0.08 as of writing, generating almost $9.93 million and positioning itself as a major rival in The post Solana and Cardano investors are betting big on Rexas Finance, is it the next 10x altcoin? appeared first on CoinJournal.
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Bitcoin back to $90K next? Traders diverge on BTC price pullback odds
by Cointelegraph by William Suberg (Cointelegraph.com News) on November 22, 2024 at 2:57 pm
BTC price behavior is either hinting at a deeper pullback or an RSI-fueled surge beyond $100,000, Bitcoin market observers conclude.
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Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive
by Vivian Nguyen (Crypto Briefing) on November 22, 2024 at 2:44 pm
Coinbase's strategy to list more meme coins could reshape the crypto market landscape, potentially increasing investor interest and market volatility. The post Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive appeared first on Crypto Briefing.
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Polymarket Blocks French Traders Amid Gambling Inquiry
by Danny Nelson (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 2:41 pm
The new ban means French traders can no longer access the crypto powered prediction markets juggernaut.
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Sui partners with Franklin Templeton to boost DeFi innovation and ecosystem growth
by Estefano Gomez (Crypto Briefing) on November 22, 2024 at 2:40 pm
Sui partners with Franklin Templeton as its DeFi ecosystem grows, reaching $1.6 billion in total value locked this year. The post Sui partners with Franklin Templeton to boost DeFi innovation and ecosystem growth appeared first on Crypto Briefing.
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Holonym Foundation Partners With This Ethereum Protocol To Boost Restaking By $677 Million
by Rubmar Garcia (Bitcoinist.com) on November 22, 2024 at 2:30 pm
Holonym Foundation partnered with Kelp DAO, a Liquid Restaking Protocol built on Ethereum’s EigenLayer, to strengthen the Mishti Network’s security and continue bringing digital identity solutions for the application of blockchain technology. Related Reading: Logan Paul’s New Crypto Controversy: Youtuber Accused Of Profiting From Misleading Fans Ethereum Protocol Kelp DAO Joins Holonym To Restake $670
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How native rollups can make Ethereum great again in 2 years
by Cointelegraph by Tom Mitchelhill (Cointelegraph.com News) on November 22, 2024 at 2:30 pm
Gnosis founder Martin Köppelmann says Ethereum needs to move away from “centralized” L2s like Base and adopt native rollups.
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On-Chain Data Shows The Bitcoin Price Bull Run is Far From Over
by Matt Crosby (Bitcoin Magazine - Bitcoin News, Articles and Expert Insights) on November 22, 2024 at 2:29 pm
Despite Bitcoin's recent rally, on-chain data reveals the bull market still has plenty of room to grow. Metrics like the MVRV Z-Score, NUPL, and Puell Multiple suggest Bitcoin is far from overheated, pointing to potential for significant upside in the months ahead.
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Bitcoin unfazed by $2.6B options expiry, maintains rally toward $100K
by Cointelegraph by Zoltan Vardai (Cointelegraph.com News) on November 22, 2024 at 2:26 pm
The Bitcoin price started falling 30 minutes before the options expiry, but market watchers don’t expect significant downside.
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CoinDesk 20 Performance Update: XRP Surges 19.6% As Index Climbs Higher
by CoinDesk Indices, Tracy Stephens (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 2:14 pm
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Institutions using Bitcoin to support pension funds, adding BTC to loans
by Liam 'Akiba' Wright (CryptoSlate) on November 22, 2024 at 2:13 pm
Newmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral, introducing a novel approach to lending reported on CNBC’s “Squawk Box” on Nov. 22. The loan refinances a 63-unit multifamily property in Philadelphia and incorporates 20 Bitcoin into the collateral package. The transaction allows the property’s sponsor to repay the The post Institutions using Bitcoin to support pension funds, adding BTC to loans appeared first on CryptoSlate.
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‘FIFA Rivals’ Mobile NFT Game Coming From Makers of ‘NFL Rivals’
by Andrew Hayward (Decrypt) on November 22, 2024 at 1:46 pm
After reaching millions of players with NFL Rivals, Mythical Games is taking a shot at Web3 soccer in a team-up with FIFA.
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Gary Gensler is leaving the SEC, but replacement will face scrutiny
by Cointelegraph by Christopher Roark (Cointelegraph.com News) on November 22, 2024 at 1:44 pm
Crypto users celebrated as SEC Chair Gensler announced his resignation, but Trump’s nominee will face confirmation hearings in the US Senate.
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Ethena’s ENA token rallies on USDe integration by Deribit
by Cointelegraph by Helen Partz (Cointelegraph.com News) on November 22, 2024 at 1:38 pm
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.
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Bitcoin Officially In Overheated MVRV Zone, Rally End Near?
by Keshav Verma (NewsBTC) on November 22, 2024 at 1:30 pm
On-chain data shows Bitcoin has recently surpassed a level of the Market Value to Realized Value (MVRV) Ratio that has historically signaled overheated conditions. Bitcoin Has Surpassed Highest MVRV Deviation Pricing Band In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how Bitcoin is looking right now from the perspective of a pricing model based on the MVRV Ratio. The MVRV Ratio is a popular BTC indicator that keeps track of the ratio between the market cap of the asset and its realized cap. The latter here is an on-chain capitalization model that, in short, tells us about the amount of capital that the investors as a whole have used to purchase their tokens. Related Reading: Shiba Inu Could See A 53% Surge If This Resistance Breaks, Analyst Explains Since the MVRV Ratio compares this initial investment against the value that the investors are currently […]
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‘Science needs an update’: How DeSci can fix junk science and cure baldness
by Cointelegraph by Tom Mitchelhill (Cointelegraph.com News) on November 22, 2024 at 1:27 pm
DeSci advocates say “traditional science” has fallen prey to regulatory capture and been maligned by corporate greed, and now a blockchain-based update is in order.
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First Mover Americas: Rotation to Altcoins Has Started With Gensler's Exit Date Set
by Krisztian Sandor, Omkar Godbole (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 1:24 pm
The latest price moves in bitcoin (BTC) and crypto markets in context for November 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Why is Solana (SOL) price up today?
by Cointelegraph by Yashu Gola (Cointelegraph.com News) on November 22, 2024 at 1:19 pm
Solana has entered the breakout stage of its prevailing bullish continuation pattern, now eyeing a rally to over $280 in November.
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Allianz, Germany’s biggest insurer, buys 24% of MicroStrategy’s $2.6B notes
by Cointelegraph by Zoltan Vardai (Cointelegraph.com News) on November 22, 2024 at 12:54 pm
The insurance giant reportedly made the investment across four different sub-organizations, according to Bloomberg Terminal data shared by pseudonymous analyst Petruschki.
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Why is Cardano (ADA) price up today?
by Cointelegraph by Nancy Lubale (Cointelegraph.com News) on November 22, 2024 at 12:48 pm
ADA price is up today and a handful of factors suggest that the upside is not over for the top-ten altcoin.
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Blockchain security firm warns of AI code poisoning risk after OpenAI’s ChatGPT recommends scam API
by Oluwapelumi Adejumo (CryptoSlate) on November 22, 2024 at 12:08 pm
Yu Xian, founder of the blockchain security firm Slowmist, has raised alarms about a rising threat known as AI code poisoning. This attack type involves injecting harmful code into the training data of AI models, which can pose risks for users who depend on these tools for technical tasks. The incident The issue gained attention The post Blockchain security firm warns of AI code poisoning risk after OpenAI’s ChatGPT recommends scam API appeared first on CryptoSlate.
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3 altcoins that could go ballistic if Bitcoin (BTC) crosses $120,000 mark
by Onose Enaholo (CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison) on November 22, 2024 at 12:03 pm
Some altcoins are setting themselves up to profit from the positive wave as the crypto market prepares for Bitcoin’s possible breakout above the $120,000 mark. Rexas Finance (RXS), SUI, and Solana (SOL) are being hailed by some industry insiders as particularly outstanding performers and ready to go ballistic during the anticipated Bitcoin rally. Rexas Finance The post 3 altcoins that could go ballistic if Bitcoin (BTC) crosses $120,000 mark appeared first on CoinJournal.
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Bitcoin ETFs Take in $1 Billion as BTC Price Nears $100,000
by Will McCurdy (Decrypt) on November 22, 2024 at 12:01 pm
As the price of Bitcoin approaches $100,000, Blackrock and Fidelity ETFs gobbled up the vast majority of the new capital.
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Bitcoin Hits S2F Threshold: Should You Hold Tight Or Take Profits?
by Samuel Edyme (NewsBTC) on November 22, 2024 at 12:00 pm
Bitcoin has so far continued to level up in terms of price performance, hitting new highs consistently for the past week. As a result of this, investors seem to be curious about whether it’s time to secure profits or stay bullish for the next leg of the cycle. A recent analysis by a CryptoQuant analyst, known as Darkfost, sheds light on this and the current market sentiment, offering insights into potential strategies for navigating the current phase of Bitcoin’s cycle. Related Reading: Analyst Reveals Bitcoin’s Hidden Price Zones: Key Levels Investors Need To Watch Time to Secure Profits? Darkfost’s observations center around the S2F reversion metric, a tool used to gauge market conditions and identify strategic moments for buying or selling Bitcoin. According to the analyst, this metric has reached 2.5, a historical indicator that signals the market is “heating up.” While this […]
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Texas’ gold-backed coin aims to help Bitcoin adoption, says lawmaker
by Cointelegraph by Helen Partz (Cointelegraph.com News) on November 22, 2024 at 11:38 am
The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day.
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A $6.2 Million Banana! Crypto Pioneer Justin Sun’s Bold Acquisition Leaves Critics Split
by Christian Encila (Bitcoinist.com) on November 22, 2024 at 11:30 am
The founder of a notable cryptocurrency platform surprised everyone after making an unexpected purchase of a bizarre piece of “art.” Related Reading: Bitcoin For Balance Sheets: Video Company’s Bold Move Sends Stock Soaring Crypto entrepreneur Justin Sun is now in possession of the controversial banana duct-taped to a wall artwork which some analysts suggest might
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Ether price eyes $3.7K despite $1.3B whale sell-off
by Cointelegraph by Zoltan Vardai (Cointelegraph.com News) on November 22, 2024 at 10:59 am
Despite millions of selling pressure, Ether is staging a breakout to above $3,700 due to an emerging bull flag, according to market analysts.
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Bitcoin ETFs bring in over $6 billion in November after another $1 billion day
by Liam 'Akiba' Wright (CryptoSlate) on November 22, 2024 at 10:31 am
Bitcoin exchange-traded funds have attracted over $6 billion in November, including more than $1 billion on Nov. 21. Farside data shows total inflows reached $6.165 billion as of Nov. 21, with IBIT leading at $4.683 billion and FBTC following with $1.050 billion. On Nov. 21 alone, inflows amounted to $1.005 billion, marking a significant uptick The post Bitcoin ETFs bring in over $6 billion in November after another $1 billion day appeared first on CryptoSlate.
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UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
by Camomile Shumba (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 10:30 am
The U.K.'s long awaited crypto rules are starting the legislative process just as the European Union's take effect.
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Ethereum Attempts Key Breakout: Analysts Set Next Target As ETH Reclaims $3,200
by Rubmar Garcia (NewsBTC) on November 22, 2024 at 10:30 am
Ethereum (ETH) price is finally moving after a week of sideways movement. In the last hour, the second-largest crypto has seen a 5% surge to retest the key $3,200 level. Some market watchers believe ETH is about to move toward Q1 highs and kickstart the altseason. Related Reading: Crypto Community’s Revenge: Solana Memecoin Rug-Pulled By Gen Z Trader Hits $80 Million Market Cap Ethereum Retests Key Support Level Ethereum has been heavily criticized for its performance against Bitcoin (BTC), with investors worrying that ETH might not run to new highs this cycle. ETH’s price action has moved sideways while the flagship crypto continues its price discovery mode. On Thursday morning, BTC neared the $100,000 mark after hitting its latest all-time high (ATH) above $98,000, while ETH continued hovering in the mid-zone of its $3,000-$3,200 one-week price range. However, Ethereum has seen a remarkable […]
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Solana hits new $264 all-time high as DEX volume reaches $100 billion monthly milestone
by Oluwapelumi Adejumo (CryptoSlate) on November 22, 2024 at 10:00 am
Solana (SOL) has reached a fresh all-time high of $264, surpassing its previous peak of $259 within the past 24 hours, according to CryptoSlate data. This performance highlights Solana’s impressive momentum, especially when compared to Bitcoin. Since Donald Trump’s election win on November 5, Bitcoin has risen by 47%, while SOL’s price has surged over The post Solana hits new $264 all-time high as DEX volume reaches $100 billion monthly milestone appeared first on CryptoSlate.
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Bitcoin Clears $98,000 As Crypto Market Inflows Exceed $62 Billion
by Keshav Verma (Bitcoinist.com) on November 22, 2024 at 10:00 am
Bitcoin has set a new all-time high (ATH) beyond the $98,000 level today, as on-chain data shows cryptocurrency inflows have rocketed up. Crypto Market Capital Inflows Now Sit At Almost $63 Billion Per Month According to the latest weekly report from the on-chain analytics firm Glassnode, the cryptocurrency sector has been observing the injection of
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Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’
by Cheyenne Ligon (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 10:00 am
Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department.
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Bitcoin prints record 40% monthly candle as price crosses $99K
by Cointelegraph by Zoltan Vardai (Cointelegraph.com News) on November 22, 2024 at 9:51 am
Bitcoin’s record monthly gains come eight days before the end of November — historically the most bullish month for Bitcoin returns.
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Bitcoin inches its way closer to $100K as rally continues
by Rebecca Campbell (CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison) on November 22, 2024 at 9:48 am
Bitcoin’s new price follows after it hit $98,000 yesterday Analyst Skew said there is “positive market signal” and that there is “a lot of aggregate spot supply around $100k” Bitcoin came within touching distance of $100,000 on November 22 as the asset continues its bull run since the beginning of November. Data from CoinMarketCap shows The post Bitcoin inches its way closer to $100K as rally continues appeared first on CoinJournal.
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CFTC commissioner urges US crypto policy reforms
by Cointelegraph by Arijit Sarkar (Cointelegraph.com News) on November 22, 2024 at 9:47 am
The CFTC’s Summer Mersinger advocated structured crypto regulations and urged the industry to engage with the incoming US administration.
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Bitcoin ATH Drags ETH/BTC To Lowest Point In 3 Years – What’s Next For Ethereum?
by Ash Tiwari (NewsBTC) on November 22, 2024 at 9:30 am
As Bitcoin (BTC) reached a new all-time high (ATH) of $98,310 today, the ETH/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum (ETH), the second-largest digital asset. What’s Causing Ethereum’s Underperformance Against Bitcoin? Bitcoin’s new ATH earlier today brings it within $2,000 of the coveted $100,000 mark. However, BTC’s sustained dominance has resulted in the underperformance of altcoins, particularly Ethereum, throughout the year. Related Reading: Ethereum Could Be Set To Explore New Highs As On-Chain Metrics Light Up The weekly chart below reveals that the ETH/BTC trading pair has dropped to a multi-year low of 0.0331 – a level last seen in March 2021. Since December 2021, the pair has failed to form a new higher high, reflecting a decline of over 60%. The pair’s losses have accelerated since July 2024, coinciding with […]
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Why is XRP price up today?
by Cointelegraph by Nancy Lubale (Cointelegraph.com News) on November 22, 2024 at 9:28 am
XRP price is up today buoyed by Ripple’s strategic partnerships, high open interest and a market structure pointing to a parabolic rally going forward.
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How Q Protocol is changing the future of blockchain governance: Report
by Cointelegraph by Gleb K (Cointelegraph.com News) on November 22, 2024 at 9:00 am
Cointelegraph Research delves into Q Protocol’s unique governance framework, which combines onchain mechanism with legal agreements.
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Cardano's ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B
by Omkar Godbole (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 8:43 am
On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.
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Solana ETF Prospects Brighten Amid Productive SEC Talks With Issuers
by Ronaldo Marquez (NewsBTC) on November 22, 2024 at 8:30 am
On Thursday, Fox reporter Eleanor Terret revealed that the US Securities and Exchange Commission (SEC) is actively engaging in discussions with several asset managers regarding the launch of the new spot Solana ETF market. The firms involved include VanEck, 21Shares, Canary Capital, and Bitwise, all seeking to introduce products tied to the Solana price. SEC Progresses On Solana ETF Talks According to sources familiar with the matter cited by Terret, discussions between SEC staff and issuers are currently “progressing.” The SEC is reportedly reviewing S-1 filings, critical to the Solana ETF approval process. Terret further disclosed that there is growing optimism among stakeholders that the industry may soon see 19b4 filings from exchanges representing these issuers, a key step necessary to move forward with ETF listings. Related Reading: FTX Provides Details On $16 Billion Distribution […]
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Hidden Bullish Divergence Appears On Dogecoin Price Chart, Here’s What To Expect Next
by Scott Matherson (Bitcoinist.com) on November 22, 2024 at 8:30 am
A hidden Bullish Divergence pattern has just been identified on the Dogecoin price chart, signaling possibilities of a significant uptrend. With this new technical pattern, a crypto analyst has projected a target of $0.7 for the Dogecoin price. Bullish Divergence Hint At Dogecoin Price Surge On November 20, crypto analyst Trader Tardigrade on X (formerly
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Bitcoin counts down to $100K BTC price as shorts risk 'violent breakout'
by Cointelegraph by William Suberg (Cointelegraph.com News) on November 22, 2024 at 8:05 am
Bitcoin hitting $100,000 seems all but certain as sell-walls disappear and shorts risk getting "squeezed" by rampant BTC price momentum.
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Shiba Inu Could See A 53% Surge If This Resistance Breaks, Analyst Explains
by Keshav Verma (NewsBTC) on November 22, 2024 at 7:30 am
An analyst has explained how Shiba Inu could kickstart a new rally to this price target if it can break through the $0.000025 resistance level. Shiba Inu Is Currently Trying To Break Past The $0.000025 Resistance In a new post on X, analyst Ali Martinez has discussed a pattern that has been forming in the SHIB price recently. Below is the chart shared by the analyst that depicts the technical analysis (TA) pattern in question. As is visible in the graph, Shiba Inu has been consolidating inside a bull pennant recently. A pennant is a pattern that consists of three parts: a pole, a triangular consolidation channel, and the succeeding breakout. The ‘pole’ is made up of an initial sharp uptrend or downtrend in the coin’s price. In the context of the current topic, a bull pennant is of relevance, so the pole corresponds to the former type of trend. Related Reading: XRP Binance Inflows Spike: What […]
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Known-plaintext attacks, explained
by Cointelegraph by Jagjit Singh (Cointelegraph.com News) on November 22, 2024 at 7:25 am
Discover how a known-plaintext attack works, where an attacker uses both the plaintext and its ciphertext to crack encryption and access sensitive data.
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BitClave Investors Recover $4.6 Million In SEC Settlement Payout
by Christian Encila (Bitcoinist.com) on November 22, 2024 at 7:00 am
The checks for BitClave investors are now in the mail. With this short post on Twitter/X by the Securities and Exchange Commission (SEC), investors of the controversial 2017 ICO offering can now start collecting what is rightfully theirs. The $4.6 million check is for investors in BitClave’s 2017 ICO offering with unregistered digital assets securities.