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Digital Asset Funds Record $346 Million Inflows as Assets Under Management Surge Past $45.3 Billion
27.11.2023
Source: Adobe / Luisa Cryptocurrency products recorded a massive $346 million in weekly inflows, marking the highest figure in the past nine weeks of consecutive gains. A CoinShares Digital Asset Fund Flows Weekly Report shows a growing bullish sentiment in the market after positive signs from...
The ‘WAGMI’ mentality is undermining crypto
27.11.2023
Greed, irrationality and anxiety have contributed to chaos in the crypto market. Investors should work on self-improvement if they want the industry to succeed
Bankless Founders Vow to Separate Media Company from DAO Amid Controversy
27.11.2023
Image Source: Pixabay In the midst of an ongoing controversy surrounding cryptocurrency media platform Bankless and its associated decentralized autonomous organization (DAO), the company’s founders have announced their intention to separate the brand from the DAO. Co-founders David Hoffman...
Crypto Gurus Are Quietly Stacking This Low Cap Gem – Is It the Best Kept Secret?
27.11.2023
Crypto gurus are bullish on an overlooked low cap cryptocurrency called Launchpad XYZ that seeks to provide access to Web3 and leverage AI for advanced crypto analytics. Image by Fareed Mindalano, DALL-E 3. Low cap cryptocurrency project Launchpad XYZ has raised over $2 million so far in...
Paradigm Says Blast Launch ‘Crossed Lines’ in Messaging and Execution, Pacman Defends Platform Amid Criticism
27.11.2023
Amid the rapidly evolving landscape of Ethereum layer two (L2) solutions, Blast, a new entrant, has sparked a wave of discussions in the crypto community. Spearheaded by Pacman, known for his work on the non-fungible token (NFT) marketplace Blur, Blast has garnered both significant funding...
Binance CEO outlines plan for crypto exchange after CZ steps down
27.11.2023
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21
Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop
27.11.2023
Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion. Current technical...
North Korean Hackers Disguise as South Korean Govt Agencies to Steal Cryptos: Report
27.11.2023
Source: Pixabay North Korea’s state-backed hacking group ‘Kimsuky,’ is supposedly behind a cryptocurrency heist, where hackers disguised as South Korean government agencies. Per a local report, hackers impersonated as South Korean journalists, government agencies and research institutes. Between...
Crypto Scam-Kit Inferno Drainer Shuts Down Operations
27.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping...
Binance-linked HKVAEX still preparing to apply for license in Hong Kong
27.11.2023
HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said
HTX resumes withdrawal services via ERC20 Blockchain
27.11.2023
HTX has announced that it has resumed withdrawal services; however, it is restricted to selecting cryptocurrencies, including, but not limited to, LINA, HOT, FTT, MASK, and NEXO. More tokens will eventually get support for the same functionality, and HTX has said that it will make those...
Bitcoin Technical Analysis: Momentum Slows as Bulls Cool Down Following 4-Week Rally
27.11.2023
The crypto economy has dropped more than 2% on Monday morning as equity futures show U.S. stocks may slip a hair on Monday following a four-week winning streak. Bitcoin has slid 2% over the past 24 hours against the U.S. dollar and it’s dropped 3.4% since the high of $38,437 recorded...
OKX launches crypto exchange, wallet services in Brazil
27.11.2023
The global cryptocurrency exchange and Web3 service provider launched a local exchange and Web3 wallet in Brazil as the country continues its competitive crypto streak
Will ADA reach $10? Experts foresee a bull run for Cardano
27.11.2023
Cardano’s native token, ADA, has been termed the best-performing token in 2024. ADA has soared by 70% since January 01, 2023. It is currently exchanging hands at $0.3833, and experts believe that the digital token, or the cryptocurrency, has the potential to keep up its momentum in the next...
‘Cantillon Effect’ Can Be Countered by Having ‘Bitcoin Only’ Companies Present at the Negotiating Table — Swan Bitcoin MD
27.11.2023
The crypto industry can stop the so-called Cantillon Effect from occurring by establishing large enough “Bitcoin only” companies that will sit on the negotiating table with the U.S. Federal Reserve and major financial institutions, Swan Bitcoin’s Terrance Yang has said. According...
dYdX to unlock tokens worth $500 million in December
27.11.2023
In the coming weeks, multiple crypto projects will unlock a substantial amount of tokens. According to Token Unlocks data, in December, the front runner will be the decentralized exchange, dYdX, which will be responsible for unlocking 150 million tokens, equivalent to 30% of its tokens distributed...
Terra Luna Classic Price Prediction as LUNC Rockets Up 50% in 24 Hours – Can LUNC Reach $1 Soon?
27.11.2023
The Terra Luna Classic price has surged by 50% in the past 24 hours, with its jump to $0.00011916 coming on a day when the cryptocurrency market as a whole has actually fallen by 1.5%. LUNC is now up by 84% in the last 30 days, making it one of the best-performing top-100 coins over […]
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Robert Kiyosaki recommends Bitcoin, gold, silver investments ‘before it’s too late’
27.11.2023
The average person who tries to save money is a “loser,” said Kiyosaki while recommending investments in Bitcoin and precious metals
Eurasian Economic Union Minister: CBDCs Will Pave the Way for the Launch of a Digital Reserve Currency
27.11.2023
Sergei Glazyev, minister of integration and macroeconomics of the Eurasian Economic Union (EEU), has noted the advancements the adoption of central bank digital currencies (CBDCs) could ostensibly bring to the trading dynamics of the region. According to Glazyev, the launch of several digital...
SBI Holdings inks an exclusive deal with Circle
27.11.2023
SBI Holdings and Circle establish a strategic partnership to implement Circle’s Web3 solutions, distribute USDC stablecoins, and set up a banking connection. Chairman, Representative Director, President, and Chief Executive Officer of SBI Holdings, Yoshitaka Kitao, and Co-Founder, Chairman...