CRYPTO NEWS
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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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Here’s what happened in crypto today
by Cointelegraph by Cointelegraph (Cointelegraph.com News) on November 22, 2024 at 1:20 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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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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Weak euro fuels Bitcoin’s standout performance in Eurozone
by Andjela Radmilac (CryptoSlate) on November 22, 2024 at 9:27 am
BTCUSD, BTCGBP, and BTCEUR are the most traded Bitcoin pairs, each reflecting the interaction between Bitcoin and the specific economic environment of their underlying currencies. Analyzing their respective performances allows us to gain insight into the global Bitcoin market and how local economic conditions influence price action. While this data is limited to a single The post Weak euro fuels Bitcoin’s standout performance in Eurozone appeared first on CryptoSlate.
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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.
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Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T
by Shaurya Malwa (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 6:35 am
Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January.
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Charles Schwab incoming CEO: ‘I have not bought crypto, and now I feel silly’
by Cointelegraph by Martin Young (Cointelegraph.com News) on November 22, 2024 at 6:10 am
Rick Wurster, who will take the chief executive role next year, said he still has no plans to buy crypto but wants to support Schwab clients that do.
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Bitcoin Breakout At $93,257 Barrier Fuels Bullish Optimism
by Godspower Owie (NewsBTC) on November 22, 2024 at 6:00 am
Bitcoin has shattered expectations once again, surging past the critical $93,257 level in a display of unstoppable momentum. This breakout has ignited fresh waves of bullish optimism across the crypto market, as traders and investors anticipate greater gains. With market sentiment shifting and key indicators aligning, could this be the spark for Bitcoin’s next major rally? As optimism steadily increases in the market, the goal is to take a closer look at BTC’s impressive breakout above the $93,257 mark, analyze the positive sentiment driving its climb, and assess the potential for continued upward strength in the market. Bullish Indicators: What’s Fueling BTC’s Uptrend? Currently, on the 4-hour chart, BTC is sustaining its position after successfully surpassing the $93,257 mark while trading above the 100-day Simple Moving Average (SMA). By maintaining its position above this level and the […]
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XRP jumps 25% as SEC may not pursue appeal after Gensler’s departure
by Vivian Nguyen (Crypto Briefing) on November 22, 2024 at 5:52 am
Gensler's departure may lead to a more favorable regulatory environment for crypto, potentially reducing litigation and boosting market confidence. The post XRP jumps 25% as SEC may not pursue appeal after Gensler’s departure appeared first on Crypto Briefing.
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Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund
by Cointelegraph by Stephen Katte (Cointelegraph.com News) on November 22, 2024 at 5:30 am
Satoshi Action Fund CEO Dennis Porter said a Texas lawmaker has started conversations to introduce strategic Bitcoin reserve legislation at some point in the future.
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Dogecoin (DOGE) Shows Renewed Energy: Rally Incoming?
by Aayush Jindal (NewsBTC) on November 22, 2024 at 5:08 am
Dogecoin is consolidating gains above the $0.380 resistance against the US Dollar. DOGE is holding gains and eyeing more upsides above $0.400. DOGE price started a fresh increase above the $0.3750 resistance level. The price is trading above the $0.3800 level and the 100-hourly simple moving average. There was a break above a short-term contracting triangle with resistance at $0.390 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rally if it clears the $0.400 and $0.4080 resistance levels. Dogecoin Price Eyes More Upsides Dogecoin price remained supported above the $0.350 level and recently started a fresh increase like Bitcoin and Ethereum. DOGE was able to clear the $0.3650 and $0.3750 resistance levels. The price climbed above the 50% Fib retracement level of the downward move from the $0.4208 swing high to the $0.3652 low. Besides, there was a […]
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SEC lawsuits will ‘quietly go away’ after Gensler steps down: Pantera
by Cointelegraph by Martin Young (Cointelegraph.com News) on November 22, 2024 at 4:32 am
The defendants will likely have to pay something along with "neither admit nor deny” type language, said Pantera’s chief legal officer, Katrina Paglia.
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Polkadot Holds Key Demand Level – DOT Could Hit $11 In Coming Weeks
by Sebastian Villafuerte (NewsBTC) on November 22, 2024 at 4:30 am
Polkadot (DOT) has entered a consolidation phase, trading below the $6 mark after a strong 30% rally since last Friday. This period of sideways movement has brought some volatility, but market conditions suggest DOT might be gearing up for its next major move. Investors watch the asset closely as it maintains a bullish structure despite temporary resistance near the $6 level. Related Reading: Last Chance To Buy Ethereum? Analyst Expects $6,000 Once It Breaks 8-Month Accumulation Top crypto analyst Ali Martinez has shared a technical analysis highlighting Polkadot’s resilience. According to Martinez, DOT is holding the firm above a critical demand zone, a sign that the asset could prepare for a significant breakout. His insights point to growing interest and optimism around Polkadot, fueled by its potential for another bullish leg. As one of the leading blockchain ecosystems with robust […]
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Trump Media Explores Crypto Payment Service With New Trademark Application – Details
by Ronaldo Marquez (Bitcoinist.com) on November 22, 2024 at 4:30 am
President-elect Donald Trump’s media company is reportedly considering the launch of a crypto payment service, as indicated by a recent trademark application filed with the US Patent and Trademark Office. Exploring New Horizons The application, submitted on Monday, pertains to a service named “TruthFi,” which is envisioned as a platform for crypto payments, financial custody
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Apple Admits to Security Vulnerability That Leaves Crypto Users Exposed—Here's What You Should Do
by Adrian Zmudzinski (Decrypt) on November 22, 2024 at 4:20 am
Apple has become aware of a security flaw that could let hackers take control of a user’s iPhone or iPad if they visit a harmful website.
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Dogecoin Hashrate Surges To New All-Time High Amid Rise In Positive Momentum
by Scott Matherson (Bitcoinist.com) on November 22, 2024 at 4:00 am
The Dogecoin hash rate has spiked sharply, reaching new all-time highs. This bullish development reflects increasing network activity and miner participation. The surge also aligns with the recent positive shift in Dogecoin’s momentum, which favorable market conditions and sentiment have bolstered. Dogecoin Hashrate Reaches New ATH Dogecoin mining activity is experiencing a major upsurge, as
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XRP Price Surges 25% as Headwinds for Ripple Clear Even More
by Shaurya Malwa (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 3:52 am
An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP.
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Solana's SOL Surges to Record High Above $260
by Stephen Alpher, Krisztian Sandor (CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data) on November 22, 2024 at 3:40 am
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Solana breaks all-time high on Coinbase, 2 years after FTX catastrophe
by Cointelegraph by Martin Young (Cointelegraph.com News) on November 22, 2024 at 3:19 am
Solana prices surged 11% on the day, returning to an all-time high last visited three years ago.
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Solana Hits All-Time High Price Two Years After FTX Nearly Sent It to Zero
by Andrew Hayward (Decrypt) on November 22, 2024 at 3:19 am
After plunging to nearly $8 in 2022, Solana has finally fully rebounded, jumping above the $260 mark Thursday for the first time ever.
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RMIT Blockchain Hub future in doubt amid claims it will ‘shut down’
by Cointelegraph by Jesse Coghlan (Cointelegraph.com News) on November 22, 2024 at 3:12 am
The future of Australia’s Blockchain Innovation Hub at RMIT is unknown as it has reportedly entered discussions about whether it should be shut down.
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US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders
by Oluwapelumi Adejumo (CryptoSlate) on November 22, 2024 at 3:00 am
Spot Bitcoin exchange-traded funds (ETFs) have reached an impressive benchmark, crossing $100 billion in net assets. According to SoSoValue data, this achievement represents 5.4% of Bitcoin’s total market value. The 12 Bitcoin ETFs, launched by prominent issuers such as BlackRock and Fidelity, have reached this milestone in just 10 months since their debut in January. The post US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders appeared first on CryptoSlate.
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MicroStrategy Stock Sinks 16% as Bitcoin Nears $100K—Is It Too Hot to Handle?
by Vince Dioquino (Decrypt) on November 22, 2024 at 2:52 am
MicroStrategy has since emerged as the second most actively traded stock on the Nasdaq by dollar volume, trailing Nvidia. But is it too hot?
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Everything You Need to Know About the ‘MemeFi’ Telegram Game Airdrop
by Ryan Gladwin (Decrypt) on November 22, 2024 at 2:42 am
Telegram tap-to-earn game MemeFi is about to drop its token on Sui. Here’s what you need to know about claiming the airdrop.
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FTX on track to rollout repayment plan in January 2025
by Gino Matos (CryptoSlate) on November 22, 2024 at 2:00 am
FTX and its affiliated debtors announced they are on track to implement their Chapter 11 Plan of Reorganization by Jan. 2025, which will set distributions for creditors and customers. According to the timeline shared in the firm’s announcement, the final arrangements with specialized distribution agents will be completed in December, allowing customers in supported jurisdictions The post FTX on track to rollout repayment plan in January 2025 appeared first on CryptoSlate.
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Solana ETF regulatory filings flood in as Gensler sets departure date
by Cointelegraph by Brayden Lindrea (Cointelegraph.com News) on November 22, 2024 at 1:54 am
Bitwise, VanEck, 21Shares and Canary Capital have submitted S-1 registration statements to list spot Solana ETFs in the US.
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Bitwise files Form S-1 for spot Solana ETF with SEC
by Vivian Nguyen (Crypto Briefing) on November 22, 2024 at 1:53 am
Bitwise's move could accelerate mainstream acceptance of Solana, influencing regulatory perspectives and boosting institutional crypto interest. The post Bitwise files Form S-1 for spot Solana ETF with SEC appeared first on Crypto Briefing.
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Trump Media hints at crypto trading, payments in TruthFi trademark filing
by Cointelegraph by Stephen Katte (Cointelegraph.com News) on November 22, 2024 at 1:07 am
The new trademark filing from Trump Media and Technology Group mentions digital wallets, cryptocurrency payment processing services and a digital asset trading platform.
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MicroStrategy completes $3B raise to buy more Bitcoin as MSTR falls 25%
by Cointelegraph by Brayden Lindrea (Cointelegraph.com News) on November 22, 2024 at 12:07 am
The $3 billion offering of 0% convertible senior notes is part of MicroStrategy’s plans to raise $42 billion over the next three years — primarily to buy more Bitcoin.
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US court strikes down controversial SEC ‘dealer’ rule
by Assad Jafri (CryptoSlate) on November 22, 2024 at 12:00 am
A federal court has struck down the Securities and Exchange Commission’s (SEC) controversial dealer rule, delivering a major setback to the agency’s regulatory efforts in the crypto sector. The US District Court for the Northern District of Texas ruled on Nov. 21 that the SEC exceeded its statutory authority, invalidating the rule as a violation The post US court strikes down controversial SEC ‘dealer’ rule appeared first on CryptoSlate.
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Know Your Missiles: Russia’s Experimental Hypersonic Missile Is A New Kind of Killing Machine
by Jason Nelson (Decrypt) on November 21, 2024 at 11:18 pm
A Russian missile strike near Dnipro shows off a new, highly maneuverable weapon that sends a signal to the West.
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Bitcoin Nears $100,000 As Trump Council Expected To Implement BTC Reserve
by Nikolaus Hoffman (Bitcoin Magazine - Bitcoin News, Articles and Expert Insights) on November 21, 2024 at 11:02 pm
This is the most bullish on Bitcoin I’ve ever been.
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Charles Schwab Mulls Crypto Trading, Incoming CEO 'Feels Silly' for Not Buying In
by Sebastian Sinclair (Decrypt) on November 21, 2024 at 10:53 pm
Schwab’s move into spot crypto trading signals a broader shift among traditional financial institutions adapting to investor demand.
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Bitcoin Meme Coins Surge as BTC Rises Towards $100K
by André Beganski (Decrypt) on November 21, 2024 at 10:31 pm
Runes tokens are surging in price as BRC-20 tokens see ample trading, all while Bitcoin itself continues pushing to all-time highs.
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‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs
by Cointelegraph by Brayden Lindrea (Cointelegraph.com News) on November 21, 2024 at 10:25 pm
MicroStrategy saw more trading volume than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.
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Microsoft Should Buy $78 Billion Worth of Bitcoin
by Vivek Sen (Bitcoin Magazine - Bitcoin News, Articles and Expert Insights) on November 21, 2024 at 10:23 pm
Microsoft clinging to cash while rejecting Bitcoin's proven value boost makes zero sense - quit wasting reserves and buy BTC now!
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Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump
by Estefano Gomez (Crypto Briefing) on November 21, 2024 at 10:17 pm
Charles Schwab plans to enter spot crypto trading as regulations evolve, says incoming CEO Rick Wurster, amid rising competition. The post Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump appeared first on Crypto Briefing.
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Bitcoin’s $100K push wakes taxman, Vitalik visits real Moo Deng: Asia Express
by Cointelegraph by Yohan Yun (Cointelegraph.com News) on November 21, 2024 at 10:14 pm
Bitcoin’s surge attracts tax vultures, BTC ruled a commodity in China but legal risks abound, Vitalik Buterin meets Moo Deng: Asia Express.
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Industry execs seek positions on Trump’s crypto advisory council
by Cointelegraph by Vince Quill (Cointelegraph.com News) on November 21, 2024 at 10:05 pm
President-elect Trump promised to establish a strategic Bitcoin “stockpile” during the Bitcoin 2024 event in Nashville, Tennessee.
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Crypto Industry Bids Farewell to Gary Gensler—Exactly Like You’d Expect
by André Beganski (Decrypt) on November 21, 2024 at 10:02 pm
SEC Chair Gary Gensler's resignation announcement was met with a sigh of relief on Crypto Twitter, alongside a slew of mocking memes.
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The Graph introduces GRC-20 standard for Web3 data structure
by Cointelegraph by Derek Andersen (Cointelegraph.com News) on November 21, 2024 at 9:59 pm
The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers.
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MicroStrategy completes $3 billion notes offering to buy more Bitcoin
by Estefano Gomez (Crypto Briefing) on November 21, 2024 at 9:58 pm
MicroStrategy completes a $3B microstrategy notes offering, planning to use proceeds for Bitcoin acquisitions and corporate purposes. The post MicroStrategy completes $3 billion notes offering to buy more Bitcoin appeared first on Crypto Briefing.