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Crypto Markets Chop as Reports Emerge That US DoJ Wants Over $4 Billion From Binance to Settle Yearlong Investigation – Here’s The Latest
20.11.2023
Binance Logo / Source: Adobe The US Department of Justice (DoJ) is seeking a settlement of more than $4 billion from the world’s largest crypto exchange Binance as a proposed resolution to a yearlong investigation into the exchange, Bloomberg reported on Monday citing people familiar with...
Crypto Media Firm Coindesk Acquired by Bullish in All-Cash Deal
20.11.2023
Crypto media firms in 2023 are emerging with new owners. After Foresight Ventures, a Singaporean Web3 venture capital firm acquired a major stake in the publication The Block, a week later, the crypto publication Coindesk was acquired by Bullish, a firm led by former New York Stock Exchange...
Senator Warren Addresses Growing Threat of Crypto Scams on Seniors
20.11.2023
Source: Pixabay Senator Elizabeth Warren has highlighted the dangers posed by cryptocurrency scams targeting seniors, receiving support from a cybersecurity expert who endorsed her digital asset legislation as a preventive measure against future scams. In a Senate hearing on November 16, Warren...
Bitcoin Price Prediction as BTC Holds Strong Amidst Marketwide Selloff – When Will the Next Leg Up Begin?
20.11.2023
Bitcoin, the cryptocurrency market’s standard-bearer, has demonstrated remarkable tenacity, maintaining a position firmly above the critical $37,000 mark despite a general market downturn. The electoral victory of Javier Milei, a staunch Bitcoin proponent in Argentina, has energized investor...
CoinDesk Media Site Acquired by Crypto Exchange Bullish – Here’s the Latest
20.11.2023
CoinDesk X Crypto media website CoinDesk has just been acquired by cryptocurrency exchange Bullish in an undisclosed all cash deal, the Wall Street Journal reported on Monday. Bullish, which is run by former New York Stock Exchange (NYSE) President Tom Farley, said that the acquisition won’t impact...
Ethereum Price Prediction as ETH Breaches $2,000 Resistance – Time to Buy?
20.11.2023
Ether (ETH) Chart / Source: TradingView Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, has pushed back to the north of the $2,000 per token mark on Monday, extending its gains since last week’s near-$1,900 lows to above 6%. The rally comes as the broader...
States of Jersey Police Warn Islanders of Crypto Fraud Following a Recent Scam
20.11.2023
Source: Pixabay The States of Jersey Police brought a crypto investment fraud to light that resulted in losses amounting to £700,000 ($873K). Jersey police issued a warning to the islanders to be vigilant about cryptocurrency scams. The British isle issued a cautionary note to residents to be aware...
Ethereum Technical Analysis: ETH Breaks $2,000 Barrier Amid Positive Trading Outlook
20.11.2023
On Monday, ethereum (ETH) showcased an impressive bullish pattern, with its value reaching a peak of $2,041 as of November 20, 2023. Ranking as the second most prominent cryptocurrency with a market capitalization of $242 billion, it continues to draw substantial trading activity, totaling $15.33...
Mastercard combats crypto fraud with latest AI integration
20.11.2023
Mastercard announced it will be integrating a new AI tool to detect and prevent fraud that is routed through cryptocurrency exchanges
Bitcoin Technical Analysis: BTC Holds Above $37K With Tense Market Equilibrium
20.11.2023
On Monday, November 20, 2023, bitcoin (BTC) is navigating slightly above the $37K mark, kicking off the week. Over the last day, BTC’s price has fluctuated from $36,441 to $37,516 per unit. Currently, bitcoin trades are generating a global trading volume of $15.55 billion. Bitcoin In...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Is the Meme Coin Starting a New Bull Trend?
20.11.2023
The Shiba Inu price has risen by 2% in the past 24 hours, moving to $0.00000864 on a day when the cryptocurrency market as a whole makes a similar gain. SHIB is now down by 2% in the past week, yet recent market gains have helped the meme token hold onto a 5% increase in […]
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Report: Crypto Mining Equipment Found in Poland’s Supreme Court
20.11.2023
Prosecutors in Poland’s capital Warsaw recently launched a probe into how cryptocurrency mining equipment was installed in a building housing the country’s Supreme Administrative Court. The chairman of the court’s information department insisted the crypto-mining equipment posed...
Sam Altman’s Worldcoin token becomes unstable
20.11.2023
The Worldcoin digital token, duly developed via a project co-founded by Sam Altman, is witnessing extreme instability. This is due to his exit from OpenAI and his return, which has taken the industry by surprise. Incidentally, the token started its downward journey recently, from a previous high...
dYdX faces targeted attack, founder Antonio Juliano reveals
20.11.2023
dYdX has recently revealed an intentional incursion on their YFI token market and an intervention into market dynamics. Antonio Juliano, the founder of dYdX, revealed the case and identified the hack’s vulnerability. The dYdX’s team used the $9 million from the dYdX v3 insurance fund...
Ethereum Network Accounted for Over 90% of Layer 1 Revenues in Q3 — Study
20.11.2023
According to a Messari report, the Ethereum network’s revenues constituted more than 90% of the $491.5 million generated by layer 1 chains in Q3. The data also shows that in the period in question, the Aptos network’s revenues were 160% higher than in the preceding quarter. Ethereum...
Bitcoin and Ethereum rise in value as active supply dips
20.11.2023
The active supply of Bitcoin and Ethereum, the two dominant cryptocurrencies on the list, is at its lowest when it comes to active supply. The comparison is sharp compared to the numbers they demonstrated during their peak times. Interestingly, the development has come ahead of the halving process...
Bitcoin Price Prediction: BTC Growth Amid Argentine Politics and Indian Crypto Shift to Dubai
20.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin continues to make headlines with its latest surge. Trading at $37,292, the digital currency marked a significant increase of 2.5% on Monday. This uptick in value coincides with the political shift in Argentina, where Bitcoin’s price surged...
Bitcoin Price Prediction: Surge on Argentine Win, Expands to Dubai
20.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin continues to make headlines with its latest surge. Trading at $37,292, the digital currency marked a significant increase of 2.5% on Monday. This uptick in value coincides with the political shift in Argentina, where Bitcoin’s price surged...
Taiwanese trading firm Kronos Research hacked; netted $25 million
20.11.2023
Kronos Research, a Taipei-based trading, market-making, and venture capital organization, has been exposed to cyber theft. The hackers apparently illegally obtained its API keys. However, they did come out with the statement that it was a small segment of their total equity. ZachXBT,...
Atomic Wallet Parent Company Seeks Dismissal of $100 Million Lawsuit, Citing Jurisdictional Challenge
20.11.2023
Source: Pixabay The parent company of Atomic Wallet, a popular cryptocurrency wallet, has filed a motion in a United States court seeking the dismissal of a class action lawsuit. The lawsuit, which seeks damages totaling $100 million, alleges that the company failed to adequately protect user...