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Decrypt and Rug Radio Announce Merger, Will Create Global Web3 Publishing Company
11.12.2023
Source: PixabayCrypto news site Decrypt and decentralized media project Rug Radio will merge operations next year, with the goal of creating a global Web3 publishing company. In a joint press release on Monday, the companies announced that the merger would result in the creation of [REDACTED],...
Fed Observer Jim Grant Foresees Long-Term High Rates as FOMC Meeting Approaches
11.12.2023
Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell will continue to uphold the current elevated...
New Details of Binance’s Compliance Requirements Emerge in Unsealed Court Docs
11.12.2023
Source: X / @cz_binance New details have emerged surrounding Binance’s compliance requirements in the wake of the crypto exchange’s plea deal with the U.S. government, according to recently unsealed court documents. A forceful compliance agreement According to the court documents, Binance will...
KuCoin Labs Invests in BTC Layer 2 Dovi to Advance Bitcoin Ecosystem Development
11.12.2023
Source: KuCoin KuCoin Labs, the corporate VC arm of the KuCoin ecosystem, has announced a strategic investment to further Bitcoin ecosystem development. The KuCoin investment platform is tapping the Bitcoin Layer 2 smart contract platform Dovi, to help it achieve its “pivotal milestones.” “KuCoin...
Elon Musk’s AI Tool Grok Misleads Users with Random Bitcoin Payment Address
11.12.2023
Image Source: Pixabay Grok, the artificial intelligence tool developed by Elon Musk’s xAI, has recently deceived users by falsely claiming to accept Bitcoin payments during a Q&A event. The tool even provided a random Bitcoin (BTC) donation address, as highlighted by Jameson Lopp,...
Goldman Sachs Predicts First Fed Interest Rate Cut in Q3 2024 – How Will Crypto Markets React?
11.12.2023
Source: Pixabay Banking giant Goldman Sachs projects two interest rate cuts in the United States by the Federal Reserve in 2024 with the first to be announced in the third quarter. A recent Reuters report states Goldman Sachs sees two rate hikes next year citing cooling inflation after...
Bitcoin’s Recent Surge on Exchanges: Binance and Bitfinex Lead With $871M Inflow
11.12.2023
On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at approximately $928 million. Moreover, more than 60% of this...
Ethereum Technical Analysis: ETH Exhibits Mixed Signals; Resilience Amidst Bearish Trends
11.12.2023
As of December 11, 2023, ethereum exhibits a blend of neutral and bearish trends. Mirroring bitcoin’s trajectory, ether experienced a pronounced decline during the transition from Sunday’s late-night trading into Monday. Ethereum Today, ethereum’s (ETH) value hovers at $2,239...
Cardano Price Prediction as ADA’s Social Dominance Reaches 6-Month High – Can ADA Reach $10?
11.12.2023
Amidst the dynamic cryptocurrency market, Cardano (ADA) has become a prominent topic of discussion, witnessing its social dominance climb to a six-month high. As of now, the live Cardano price stands at $0.55310, with a trading volume of $1.2 billion over the past 24 hours. Despite a 6% decline...
As LINDA Token Grows 8,000% Overnight, This Unknown Crypto Platform Surges Past $3.4 Million Milestone
11.12.2023
Source: Dall•E 3 The LINDA Token price has rocketed by as much as 8,000% overnight, with the new meme coin rising to a high of $0.00008577 after listing on Uniswap three days ago. Reportedly taking its name from ConsenSys founder Joe Lubin’s pet dog, LINDA has already fallen substantially...
Bitcoin Miner CleanSpark Shifts to Neutral in JPMorgan’s Ratings
11.12.2023
Source: AdobeStock / Photocreo Bednarek The major Wall Street investment bank JPMorgan has adjusted its price targets and ratings for several Bitcoin mining stocks, including CleanSpark and Riot Platforms. The adjustment in ratings came in response to the recent surge in Bitcoin’s price and...
National Security Officials Discuss to Combat DPRK’s Crypto Illicit Use in WMD Programs
11.12.2023
Source: Adobe National Security Advisors of the United States, South Korea and Japan convened to discuss a collective response to North Korea’s illicit crypto financing for weapons of mass destruction programs (WMD). The discussions were held during a trilateral meeting at the White House...
BankSocial’s Crypto-Friendly Credit Union, Seagrass & Hashgraph Association’s Carbon Credit Web3 Identity Wallet + More News
11.12.2023
Source: AdobeStock / Andrey Popov Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: BankSocial Plans to Create a Crypto-Friendly Credit Union Seagrass and The Hashgraph Association Announce...
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
11.12.2023
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior to the forthcoming...
Is Cronos Going to Zero? CRO Faces a 7% Decline While New Bitcoin Project Reaches $5.1 Million
11.12.2023
The Cronos price has dropped by 3.5% in the past 24 hours, falling to $0.101700 as the market suffers a 3% loss today and as an exciting new Bitcoin project raises more than $5.1 million in its presale. Despite this loss, CRO is now up by 7% in a week and by 10% in the […]
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Shiba Inu Price Prediction as Market Cap Nears $6 Billion – Can SHIB Overtake DOGE?
11.12.2023
The Shiba Inu price has dipped by 3% in the past 24 hours, slipping to $0.00000970 today as the wider market also falls by 3%. SHIB has now gained by 4% in a week and by 16% in the past fortnight, with today’s misstep doing little to alter its overriding trajectory at the moment. Indeed...
Scorpion Casino Sails Past the $2.2 Million Milestone as Investors Rush for Passive Income Opportunities
11.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The presale for Scorpion Casino has sailed past the $2.2 million milestone as investors rush for the passive income potential on the platform. Scorpion Casino has created a revenue-sharing model that...
Google Says It Has Updated Policy Relating Crypto Coin Trusts Adverts
11.12.2023
Starting on Jan. 29, advertisers of cryptocurrency coin trusts targeting the U.S. market will have to meet certain requirements before promoting these on Google. According to the internet giant, violation of this new policy will not result in the immediate suspension of advertisers’ respective...
Pudgy Penguins Unveils Web3 Game ‘Pudgy World’ Powered by zkSync Era
11.12.2023
Source: pudgypenguins / Twitter Popular NFT project Pudgy Penguins has revealed the upcoming alpha launch of Pudgy World – a Web3 game based on the Ethereum Layer 2 network zkSync Era. According to the press release, the alpha will launch in Q1 of 2024. With it, Pudgy Penguins moves beyond...
Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst
11.12.2023
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before...