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ENS Domains Unveils Namechain: A Layer 2 Solution for the Ethereum Ecosystem
11.11.2024
ENS Domains has announced the launch of Namechain, a purpose-built Layer 2 solution that marks a significant evolution in the Ethereum Name Service (ENS) ecosystem. This development is part of the broader ENS v2 initiative, aimed at reducing costs and enhancing performance for users. The team hopes...
How a ‘No Questions Asked’ Crypto Scheme Became a Federal Target
11.11.2024
A Danvers, Massachusetts man, Trung Nguyen, was convicted of money laundering and operating an unlicensed cryptocurrency business that converted over $1 million in cash to bitcoin. Through his company, National Vending, Nguyen ran a “no questions asked” cash-to-bitcoin service from 2017...
Latam Insights: Trump and Milei Parley, Deep Chainsaw Cuts Into Argentine State
11.11.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, we discuss the conversation between President-Elect Donald Trump and Argentine President Javier Milei, the thousands of job positions axed by Milei’s Deep...
DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service
11.11.2024
A landmark sentencing has closed the chapter on Bitcoin Fog, the longest-running bitcoin mixing service on the darknet, with its operator facing over a decade in prison. The Fall of Bitcoin Fog: DOJ’s Pursuit Unmasks a Decade-Long Darknet Operation The U.S. Department of Justice (DOJ)...
BRICS Digital Asset Platform Proposal Poised to Reshape Global Investment
11.11.2024
A proposed BRICS digital asset platform could ignite unprecedented investment in South Asia, Africa, and Latin America, driving growth in emerging markets. Digital Assets at the Core of BRICS’ Ambitious New Investment Platform Russian President Vladimir Putin discussed the proposed creation of...
Elon Musk Ready to Implement Milei’s Chainsaw Model in the US
11.11.2024
Elon Musk is coordinating to import Argentine President Milei’s chainsaw model to the U.S. Milei recently stated that his Minister of De-Regulation and State Transformation, Federico Sturzenegger, had coordinated with Musk to replicate Argentina’s model. Elon Musk Would Import...
Value Locked in Defi Hits $100 Billion—But Six Giants Hold the Bulk of Crypto Assets
10.11.2024
As of press time, the crypto economy is sitting at a hefty $2.69 trillion, with the digital currency market posting substantial gains this week. Over the weekend, the total value locked (TVL) in decentralized finance (defi) climbed past the $100 billion mark. Defi TVL Crosses the $100B Mark...
Bitcoin $125K by New Year? Peter Brandt’s Bold BTC Prediction Shakes Markets
10.11.2024
Peter Brandt projects that bitcoin could surge to $125,000 by the New Year, citing bullish trends and the cryptocurrency’s strong historical price-action patterns. Peter Brandt Sees Path to $125K Bitcoin as Market Enters Uncharted Territory Veteran trader and renowned chartist Peter Brandt...
Trump Wins, Bitcoin Surged: What’s Next?
10.11.2024
Bitcoin hit an all-time-high and mining stocks soared on the very same day Donald Trump won the U.S. presidency. Explore Trump’s bold crypto promises—could this mark a new golden era for Bitcoin and cryptocurrency? The following guest post comes from Bitcoinminingstock.io, providing...
From $28K to $150K: Bitcoin’s Wild Year-End Price Predictions Flood Social Media
10.11.2024
On Sunday, bitcoin hit a fresh all-time high, sparking a wave of price predictions across social media for what the currency might reach by the end of 2024. With bitcoin currently trading in the $80,000 range, many enthusiasts are setting their sights on a potential $100,000 by Dec. 31. Crypto...
10 Months With Tether: USDT Supply Swells to $123 Billion, Leaving Rivals in the Shadows
10.11.2024
It has been over ten months, and through 2024, tether (USDT), the leading stablecoin by market value, has expanded its supply by 34.27%. Tether’s USDT Expands by 34% in 2024 Over the past year, USDT’s supply climbed by 34.27%, rising from $91.73 billion to $123.17 billion. Tether...
$97 Billion and Growing: Solana’s Staggering Climb Captivates Crypto Market
10.11.2024
In the latest twist of crypto market action, solana (SOL) has waltzed past binance coin (BNB) this week, securing its place as the fourth largest digital asset by market cap. Solana Surges Ahead Currently, solana boasts a market cap of $97.68 billion, capturing 3.66% of the $2.67 trillion crypto...
Dogecoin Rockets up 20% Overnight as Meme Coin Market Heats Up
10.11.2024
With bitcoin climbing 4.5% over the past day, the godfather of meme coins, dogecoin (DOGE), has leapt over 20% in the same 24-hour period. Dogecoin Frenzy: Massive 127% Monthly Gain Sends DOGE to the Top Dogecoin is soaring Sunday morning at 9:44 a.m. EDT, climbing 20.5% against the U.S. dollar....
Trump Declared 47th US President, JPMorgan CEO Claims World War III Has Begun, and More — Week in Review
10.11.2024
Trump declared 47th US president, JPMorgan CEO claims World War III has begun, Global Dollar Network launches, and more in this Week in Review. Week in Review Donald Trump has been declared the 47th U.S. president. JPMorgan CEO Jamie Dimon warns that World War III may have started, citing...
Sunday Shockwave: Bitcoin’s $80K Surge Triggers Massive $430M Crypto Liquidation
10.11.2024
As bitcoin and ether climb steadily, driving the crypto economy upward, a wave of liquidations has swept through the crypto derivatives markets. In the past 24 hours alone, more than $300 million in short positions were liquidated. $300M in Short Bets Liquidated as BTC Hits All-Time High Just...
Bitcoin Surges Past $80,000 Amid Trump Victory Excitement
10.11.2024
On Sunday, Nov. 10, at 06:58 a.m. EST, Bitcoin soared past $80,000, fueled by enthusiasm over Donald Trump’s electoral win. As of writing, the top cryptocurrency’s rally continues, with the predicted $100,000 possible by inauguration seemingly in range. With this jump, Bitcoin chalked...
Dutch Court Orders Binance to Disclose Account Information Tied to $200,000 Dating Scam
10.11.2024
A court in The Hague has ordered Binance to release the name and address of an account holder linked to a $200,000 (€186,000) dating scam, according to the Netherlands Times. The case involves a woman who was persuaded over the summer to invest in cryptocurrencies by someone she met on a dating...
Analyst: Europe Is Secretly Preparing for a Renewed Gold Standard
10.11.2024
Jan Nieuwenhuijs, an expert in gold markets, believes he has found evidence that Europe is preparing to adopt a new standard. He states that the recent movements of several Eastern European countries—purchasing or selling gold to reach a determined ratio—are part of the actions leading up to this...
Analyst: Stock-to-Flow Model Forecasts $500K per Bitcoin
10.11.2024
In a recent social media post, cryptocurrency analyst Plan B expressed optimism for Bitcoin’s future, stating that after the ETF fake-out earlier this year, the cryptocurrency is now poised for a significant upward movement. He highlighted that his Stock-to-Flow model predicts an average...
Withanage Foundation Bets Big on African AI With Launch of Research, Investment Program
10.11.2024
The Withanage Foundation is launching a research and development program and $500 million investment vehicle to support AI development in African agriculture, finance, and governance. AI for Data-Driven Innovation The Swiss-based Withanage Foundation has launched a research and development program...