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Short-Term Bitcoin Holders Have Moved Nearly $8B Worth of BTC to Exchanges, Signaling Price Bottom: Van Straten
27.11.2024
Short-term holders have sent almost $8 billion worth of bitcoin to exchanges at a loss over the past two days. The volatility in recent bitcoin price action has seen wild record swings in profit-taking to panic selling
MicroStrategy Retail Investors Caught Out On the Wrong Side of MSTR Trade
27.11.2024
MicroStrategy is currently up 416%, year-to-date, but it's down almost 40% from its all-time high, which was set on Nov. 21. MicroStrategy's net asset value premium has dropped to 2.09. On Nov. 20, MicroStrategy saw the largest daily retail buy on record, retail investors bought nearly $100 million...
Bitcoin Bulls Lose Steam, Aussie-Yen Dips, Hinting at Broad-Based Risk Aversion Ahead
27.11.2024
BTC's rally has stalled since Friday for several reasons, including waning demand at record prices.The AUD/JPY pair has turned lower, hinting at a broad-based risk aversion amid the talk of a BOJ rate hike in December.A similar set-up in the yen rocked the global markets, including...
Think Ethereum’s ETH is Dead? Surging Metrics Show Otherwise
27.11.2024
Cumulative open interest in perpetual and standard futures contracts has surged to a record 6.32 million ETH, worth over $27 billion. Activity in the ether options market listed on Deribit is also picking up, with over 2 million contracts active or open at press time, the highest since late June....
Bitcoin has a 50-50 chance of reaching $100K by year-end: Options data
27.11.2024
The likelihood of Bitcoin surpassing $100,000 has risen to 45%, despite its recent pullback, according to recent onchain data
Tornado Cash Sanctions Overturned by U.S. Appeals Court
27.11.2024
A U.S. federal appeals court has delivered a major legal victory to the crypto sector by throwing out the U.S. Treasury Department's earlier effort to directly sanction crypto mixing service Tornado Cash.The court found that the government didn't have the proper tools to include the actual...
This Hedge Fund Now Has a 1,000x Profit on Bitcoin
26.11.2024
Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%. The hedge fund started buying bitcoin back when one token cost $74. Pantera CEO Dan Morehead believes that the cryptocurrency could be worth $740,000 by April 2028
2K Games Has Officially Ditched Its PC Launcher
26.11.2024
Borderlands and Civilization publisher 2K Games has quietly done something very cool and good: The company has removed the need to use its 2K PC launcher from all of its games, and sunset the software completely. Read more
Morocco Drafts Regulations for Crypto, Central Bank Governor Says
26.11.2024
Morocco has drafted regulations for the crypto sector, its central bank's head said.The country will also continue to explore whether or not central bank digital currencies can contribute to the country's policy objectives
Dragon Ball: Sparking Zero Has A Hidden Class System You Need To Know About
26.11.2024
Dragon Ball: Sparking Zero delivers a ton of what fans have wanted from a DBZ fighting game, including a humongous cast of characters. There are 180-plus fighters to choose from and nearly half need to be unlocked. Although it’s easy to assume that such a large roster would have minimal...
First Mover Americas: Bitcoin's Correction Takes Price Below $93K
26.11.2024
Bitcoin has fallen over 6% in the last 24 hours.Indicators suggest BTC could drop to as low as $90,000.Ether outperforms the broader market
Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions
26.11.2024
Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity.The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.Blob fees spiked, leading to the burning of over 166 ETH worth $560,000 in...
The Train Has Left the Station: Is It Too Late to Invest in Bitcoin?
26.11.2024
With the current price hike and the expected rise in bitcoin adoption by nation-states and private corporations, the world’s attention is on the digital asset. But is it too late to invest in bitcoin, enter the market, and reap the benefits? Not Early, but Not Late: Should You Invest...
XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger
26.11.2024
Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL.Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.XRP price jumped 6%, touching a high of $1.49 in the hours following...
Justin Sun has just become Trump crypto project’s biggest investor
26.11.2024
Justin Sun has purchased $30 million worth of tokens from Donald Trump’s World Liberty Financial, making him the largest investor to date
Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall
25.11.2024
ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index.The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.Bitcoin is likely to move sideways...
Crypto Staking Goes Live on Starknet in First for Ethereum L2 Blockchains
25.11.2024
Starknet has become the first major layer-2 rollup on top of Ethereum to let users earn money by staking their tokens.Anyone who has at least 20,000 STRK tokens (roughly $12,000 at recent prices) can pledge the asset as collateral and earn rewards for validating transactions. Users with less than...
Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another 'Long Island Iced Tea' Fad?
25.11.2024
Following MicroStrategy's successful bitcoin buying strategy, many companies, some microcaps and unrelated to crypto, started announcing similar steps.The strategy has led to significant short-term share price rallies for some of these companies, but according to market observers, the long-term...
Former Grayscale CEO Michael Sonnenshein Joins Aptos Labs as Adviser
25.11.2024
Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI's chief product officer, Kevin Weil.Aptos Labs said it will harness Sonnenshein's knowledge to bring more traditional financial institutions to the network
Crypto Gets Shock Video Dose as Users Stream 'NSFW' Content to Pump Their Memecoins
25.11.2024
Early 2000s-style internet shock videos are making the rounds on a popular crypto platform, with such content including extreme acts like individuals engaging in self-harm, animal cruelty, and explicit sexual content to attract attention and potentially increase token value.Despite the platform's...