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Coinext Crypto Exchange CEO Highlights Competitiveness Driven by Brazil’s Crypto Regulatory Environment
16.11.2023
Source: AdobeStock / WavebreakMediaMicro José Ribeiro, the CEO of the cryptocurrency exchange Coinext, shared his perspective on Bitcoin and the crypto landscape in Brazil during the Web Summit in Lisbon. During the Web Summit, Ribeiro discussed the vibrant crypto economy in Brazil and the growing...
FBI Arrests Trio of Crypto Criminals, Over $10 Million Stolen from NYC Banks
16.11.2023
Three men have been arrested for an elaborate conspiracy that drained $10 million from banks across the New York City metropolitan area, United States Attorney for the Southern District of New York, Damian Williams, announced today. “For years, Zhong Shi Gao, Naifeng Xu, and Fei Jiang allegedly...
Xi Jinping Vows No Hegemony in China’s Approach to US, Aiming for Stable Ties
16.11.2023
On Wednesday, Chinese President Xi Jinping delivered a speech emphasizing China’s aspiration for harmonious ties with the United States. The Chinese head of state conveyed his vision of an enhanced “friendship in the new era” between the two influential countries. He firmly...
Astrobotic To Send Physical Dogecoin To the Moon in 2024
16.11.2023
Source: Pixabay Dogecoin has announced plans to send a physical Dogecoin to the Moon next year in collaboration with space robotics firm Astrobotic Technology. In an X post published on Thursday, Dogecoin revealed that Astrobotic plans to transport a physical Dogecoin to the moon using the...
Microsoft and Tencent Join Forces with Infura for Blockchain Infrastructure
16.11.2023
Microsoft Office / Source: Adobe Crypto infrastructure giant Infura is taking its first step toward decentralizing core components of its service following years of criticism that the company is a ‘single point of failure’ for Ethereum. Over a dozen Web2 giants including Microsoft and Tencent have...
Bitcoin Price Bulls Retarget $40,000 While Traders’ Favorite Bitcoin Minetrix Soars Past $4m in its Stake to Mine ICO
16.11.2023
Thursday, November 16, 2023 – The Bitcoin price is retracing higher as bulls retarget $40,000, while switched-on crypto traders continue to place bets on new stake-to-mine Bitcoin alternative Bitcoin Minetrix as its ICO soars past $4 million. After fake reports about an XRP ETF, followed by...
Spot Ethereum ETF Styled ETHETF Token Starts Mammoth Burn Program, Price to Pump 10x?
16.11.2023
Thursday, November 16th, 2023 – Two days after launching, $ETHETF coin has announced a 21 million token burn program, reducing total token supply by 21%. The price of $ETHETF jumped 25% on the news to $0.01601 and is now up 12% at $0.1448. News of the burn program comes at the same time as fund...
XRP Price Prediction as XRP Falls 20% From Recent Highs – Watch These Key Support Levels
16.11.2023
XRP (XRP) Chart / Source: TradingView After fake news that BlackRock was planning to set up an XRP (XRP) spot ETF earlier in the week sent the XRP price as high as $0.75, its highest level since July, the price has been under pressure, with XRP on Thursday falling back to the south of...
Best Crypto to Buy Now November 16 – Kaspa, Render, Avalanche
16.11.2023
KAS, RNDR, and AVAX are hitting new highs making their case as the best crypto to buy now. Also, keep an eye on BTCMTX and TGC. Image by cryptonews.com. With the KAS price hitting new highs, Kaspa is making a case for itself as the best crypto to buy now. Render and Avalanche are also […]
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CoinShares Gets Greenlight to Buy Valkyrie ETF Arm as It Expands Into North America
16.11.2023
Source: Adobestock Leading European digital asset investment firm CoinShares has announced its strategic acquisition of the Valkyrie Funds, a crypto exchange-traded fund (ETF) subsidiary of US-based Valkyrie Investments. In a press release dated November 16, the CoinShares Group stated it obtained...
Ethereum Price Prediction as 24-Hour Trading Volume Surges to $24 Billion – Time to Buy the ETH Dip?
16.11.2023
Ether (ETH) continues to chop either side of the $2,000 level as bullish momentum cools following the cryptocurrency’s rejection of a retest of the 2023 highs in the $2,100s earlier this month. The ETH price was last down around 3.5% on the day in the $1,980s, but still within this week’s $1,930...
Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
16.11.2023
On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required...
Do Kwon’s Appeal in Document Forgery Case Rejected by Montenegro High Court
16.11.2023
Disgraced Terraform Labs founder Do Kwon’s appeal in his document forgery case has been rejected by a High Court in Montenegro. Judge finds Kwon’s appeal based on “unfounded” claims According to a statement by the High Court of Podgorica, claims made in the appeal by Do Kwon and his co-conspirator...
US Congress Kicks Against SEC’s SAB 121 Rules in Latest Memo
16.11.2023
Source: AdobeStock The US Securities and Exchange Commission’s (SEC) latest release of its Staff Accounting Bulletin (SAB) 121 is receiving major backlash from legislators. Making their opinions heard in a memo dated November 15, several members of the US Congress wrote to the Chairman of...
Bitcoin Price Prediction as BTC Gets Rejected From $38,000 Level – Time to Buy the Dip?
16.11.2023
The Bitcoin (BTC) price is pulling back aggressively after once again rejecting resistance at the $38,000 level earlier on Thursday. BTC was last changing hands in the $36,300s, down more than 4% on the day, but still well within this week’s $35,000-$38,000 ranges. Bitcoin’s failure to break higher...
Breaking: Nerayoff Follows Through, Releases 2015 Vitalik Buterin Recordings Detailing Ethereum Corruption — What’s Going On?
16.11.2023
Nerayoff recordings with Buterin ignite Ethereum corruption controversy. Image by VICE News, Youtube Screenshot. The crypto community has been rocked by allegations of Ethereum corruption stemming from co-founder Vitalik Buterin. Just last week, insider Steven Nerayoff promised a bombshell reveal...
DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry
16.11.2023
Image Soure: Adobe A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries. According to data gathered by Gauntlet, a crypto-risk modeling company, most categories within DeFi, such...
Crypto.com Partners with PSG Soccer Team for Early Access to Blvck Paris Fashion Collab NFTs
16.11.2023
Paris Saint-Germain. Source: Adobe / fifg In a fusion of sports, fashion and crypto, major crypto firm Crypto.com has teamed up with Paris Saint-Germain F.C. and Blvck Paris for an exclusive collaboration, offering fans early access to a highly anticipated fashion collection through non-fungible...
This Week’s Crypto Snapshot: TIA and YFI Soar; GAS, TRB, MKR Struggle
16.11.2023
Thursday, November 16, 2023, marks a steady phase in the crypto economy, maintaining a value of $1.4 trillion with a modest increase of 0.44% in the last 24 hours. Concurrently, despite the seven-day downturn experienced by both bitcoin and ethereum this week, a notable 39 cryptocurrencies have...
Turkey’s New Crypto Asset Regulations Expected in 2024 – Focus on Taxation and Licensing
16.11.2023
Source: Pixabay Turkey officials confirmed that the nation is considering debuting a new crypto market regulation, effective 2024. The regulation will emphasize addressing crypto licensing and taxation, per a Reuters report. Turkey is seeking to address concerns raised by the Financial Action Task...