Binance's compliance commitments with the DOJ have been unsealed, revealing extensive government oversight that may lead to the platform's closure, as it requires years of continuous access and inspection by regulators. The SEC is incorporating the DOJ's enforcement actions to strengthen its case against Binance, challenging the exchange's motion to dismiss the charges.
Tether, a stablecoin issuer, froze 41 wallets controlled by individuals on the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals (SDN) List as a precautionary measure, including one associated with a North Korean hacking group's $625 million attack.
El Salvador has launched a new program called the "Freedom Visa Program" that offers citizenship to high-net-worth individuals who invest $1 million worth of Bitcoin or USDT, aiming to build a new economy in "Bitcoin Country."
Crypto whales are showing interest in Pullix (PLX) tokens due to its advanced ecosystem features, including a unique approach to decentralized finance and a hybrid DeFi platform that combines the best elements of centralized and decentralized exchanges, making it a promising investment option in the crypto market. Klaytn (KLAY) and Ethereum (ETH) are also experiencing bullish trends, but reaching significant ROI will take time.
The U.S. Securities and Exchange Commission is in discussions with financial firms regarding technical details of spot market Bitcoin exchange-traded funds (ETFs), indicating potential approval of the products in the near future.
Solana, the primary token of the Solana blockchain, is experiencing significant growth and has the potential to become a top three blockchain network by market capitalization, total value locked, and active users, according to asset management firm VanEck. The platform has formed partnerships with industry giants like Visa and Shopify, and its user experience is likened to Apple, while Ethereum remains dominant due to constant innovation from developers.
A bug on Lifinity's decentralized exchange led to the loss of nearly $700,000 from its LFNTY-USDC pool due to an arbitrage bot exploiting a price discrepancy caused by a failed trade.
Bitcoin's rally this week, driven by anticipation of the approval of a Bitcoin exchange-traded fund (ETF), has also boosted meme coins like Pepe, Dogecoin, and Shiba Inu, while Solana-based meme coin Bonk continues to surge.
Bitcoin may experience a price increase as social media mentions of "bull traps" indicate fear and uncertainty in the market, according to Santiment, while Ethereum's non-exchange whales increase their holdings, and Litecoin may reverse its bearish trend amid declining small wallets.
The price of Bitcoin continues to rise as the US Securities and Exchange Commission (SEC) meets with Fidelity to discuss the proposed spot BTC exchange-traded fund (ETF), with Fidelity presenting a detailed paper outlining the creation and redemption models for the ETF. This engagement has contributed to the bullish sentiments surrounding the crypto market, with predictions of the price reaching new all-time highs and increased investments in Bitcoin ETFs.
The stock market saw gains across major indexes, with the Nasdaq, S&P 500, and Dow marking their longest winning streaks since 2019; market sentiment was restrained by strong labor market data and an unexpected increase in consumer sentiment, with focus now shifting to inflation data and the upcoming Federal Reserve meeting. Benzinga highlights bullish stories including GameStop's investment strategy shift and a forecast of Dogecoin surging over 700%, while bearish stories cover JPMorgan's CEO calling for a shutdown of Bitcoin, Muddy Waters Research's short position against Blackstone, and a Tesla bull's view on the limited demand for the Cybertruck.
Crypto protocols incentivize and reward early users and contributors through token airdrops, where protocol tokens are distributed to participants, giving them a say in governance and potential value. Some recent and upcoming airdrops include Jito, Starknet, Blast, Jupiter, Portal, Saga, and Tensor.
Bitcoin, along with other cryptocurrencies, has gained significant attention and value due to predictions of massive stimulus measures from the Federal Reserve and China, with analysts suggesting that the rally in bitcoin prices could accelerate in 2024 as the U.S. dollar gets "debased" through money printing.
A trader made $2.5 million in profits by trading the cryptocurrency token Grok, achieving a gain of 6,102% in just one month.
In 2023, cryptocurrencies like Solana and Avalanche are experiencing a significant recovery and are considered attractive investment opportunities due to their potential as alternatives to Ethereum and partnerships with companies like Visa and Amazon. However, investors should be aware of the risks associated with the volatility and regulatory uncertainty of the crypto market.
Bitcoin's recent uptrend may be at risk as its dominance in the crypto market cap starts to decline, potentially signaling the beginning of an altcoin rally.
Crypto analyst Ali Martinez believes that Solana (SOL) could see a 25% surge if its bullish momentum continues, with a sustained close above $68.20 triggering a breakout towards $90, while Bitcoin sits on stable support at $42,700 and could potentially push towards $47,300 if the bullish trend continues.
The Bitcoin price reached a new yearly high of $44,490, but traders are divided on the future trend with some predicting a potential pullback while others are bullish and expect the price to reach $50,000.
Over four days, defunct crypto trading firms FTX and Alameda Research moved $23.59 million worth of digital assets to top exchanges, totaling $591 million since October 24.
Crypto expert Michaël van de Poppe believes that altcoin Pepe coin (PEPE/USD) could potentially become the next Dogecoin (DOGE/USD) as altcoins surge in the market. Van de Poppe advises investors to buy on dips and anticipates a bullish Q1 for altcoins.
VanEck has chosen "HODL" as the ticker symbol for its spot Bitcoin ETF, a move that analysts believe will appeal to crypto enthusiasts and help avoid negative attention on adviser statements.
National security officials from the US, South Korea, and Japan met to discuss North Korea's crypto thefts and its nuclear and ballistic missile programs, as well as its relationship with Russia.
Polkadot (DOT) price has increased by 80% since October 18, but it now faces a potential correction and must overcome a supply barrier to continue the upward trend and reach $7.900.
The United States SEC and Fidelity met to discuss Fidelity's Wise Bitcoin Origin Trust application for a spot Bitcoin ETF, presenting diagrams and discussing operational logistics.
The practice of "AI undressing," which entails using generative AI tools to remove clothing from images, is on the rise, according to a report by Graphika, leading to concerns about the proliferation of non-consensual intimate imagery, targeted harassment, sextortion, and the creation of child sexual abuse material (CSAM).
A top-100 web3 altcoin, WEMIX, has seen a significant surge of over 67% this week due to a wallet update, a new partnership, and a relisting on a Korean exchange.
Ripple whales have sold over 60 million XRP in three days despite the altcoin's potential for further growth indicated by the MVRV ratio, which suggests that the XRP price may have room to increase.
Two crypto provisions addressing anti-money laundering concerns were dropped from a military-funding bill, ending efforts to pass digital asset regulations in the U.S. this year.
Gold commodity futures experienced a 1% decline after reaching a record high, while bitcoin surged above $44,000 with strong momentum, suggesting potential for further gains.
A law firm representing crypto investors in class-action lawsuits is seeking a deposition from former Binance CEO Changpeng "CZ" Zhao, citing his "unique knowledge" of issues, in a $1 billion lawsuit against Zhao, Binance, and crypto influencers. The firm believes Zhao's testimony is crucial to the case, which alleges that Binance promoted unregistered securities. However, it is uncertain whether the motion will be granted since Zhao is no longer CEO of Binance and has stepped back from its leadership.
Solana's native cryptocurrency SOL reaches a new 19-month peak as its price surges to $73.85, while the meme coin BONK triples in price over the past seven days and Solana's NFT trading volume surpasses that of Ethereum.
Cryptocurrencies like Avalanche, Cardano, and Shiba Inu have experienced significant surges recently, driven by factors such as increased interest in alternative risk assets, the perception of higher growth rates compared to Bitcoin and Ethereum, and specific catalysts like Robinhood's listing of Cardano in the European Union and technical milestones like Shiba Inu surpassing a certain price level, but it remains uncertain whether these market moves can be sustained and if the lack of utility in some tokens like Shiba Inu could hinder their long-term prospects.
Fox News offers live shows, live TV streaming, and live radio coverage, including shows like Hannity, Gutfeld!, and The Ingraham Angle.
The next two months are expected to be highly favorable for altcoins, according to crypto analyst Michaël van de Poppe, who also shares his insights on Optimism, Arbitrum, and the meme asset Pepe.
Marinade's governance token, MNDE, reached all-time highs following the successful launch of Jito's JTO token, even though Jito has a smaller business and lower total value locked, possibly due to Jito's additional features and the psychology of the free money airdrop.
Elon Musk mistakenly used the wrong phrase in a Twitter conversation about self-custody for crypto assets, prompting criticism from crypto advocates.
Deep-pocketed crypto investors have moved approximately $644 million worth of Bitcoin, Ethereum, and other altcoins, with major transactions occurring on exchanges and wallets.
Layer 1 tokens ADA, ALGO, AVAX, DOT, and SOL are performing well as Bitcoin's momentum slows and capital rotation lifts altcoins, while analysts speculate that Bitcoin may revisit $40,000 to "fill CME price gap."
El Salvador's government has introduced a "freedom visa" program offering foreigners passport and residency in exchange for a $1 million investment in Bitcoin or Tether, aiming to build the country's future through economic development and innovation.
Crypto analyst Altcoin Sherpa warns that Bonk (BONK) may experience a significant decline after its recent rise, advising against shorting the meme token but suggesting it could eventually drop lower; he also predicts further gains for Solana (SOL) and Avalanche (AVAX).
Champions Ascension, a blockchain game, is offering free in-game items for Amazon Prime subscribers, including 100 in-game gold and a monster parts loot box, as part of a 12-week promotion. The game does not use tokenized NFTs for the giveaway items, and it is currently in an early access alpha playtest.
Bitcoin price saw a shallow pullback, but the intra-day rally to the $44,000 level indicates that the bulls are not in a hurry to close their positions, with investors anticipating higher levels in the future.
Cryptocurrency-focused companies such as Riot Platforms, Coinbase, MicroStrategy, and Marathon Digital have seen their stock prices skyrocket this year, outpacing the growth of major tech giants like Apple, Alphabet, and Nvidia. This surge in crypto-related stocks has been driven by the broader increase in cryptocurrency prices and renewed optimism surrounding the approval of a bitcoin exchange-traded fund.
Shares of bitcoin miners RIOT and MARA are trading higher as investors anticipate the possible approval of Blackrock's application for a spot Bitcoin ETF.
The Starknet Foundation plans to allocate over 1.8 billion STRK tokens through airdrops to community members and stakeholders, with 900 million tokens allocated for contributions and rebates, and an additional 50 million tokens for incentivizing DeFi activity.
Animoca Brands has raised an additional $11.88 million for its metaverse project Mocaverse, bringing the total raised to $31.88 million, as it aims to build a digital identity and loyalty platform for blockchain games and other apps. The project has also received support from blockchain investment firms and NBA Top Shot maker, Dapper Labs, and has collaborated with major game publisher Ubisoft.
VanEck, a major player in the Bitcoin ETF race, plans to use the ticker "HODL" for its potential cryptocurrency investment product, which is a mantra embraced by Bitcoin enthusiasts. The firm is hoping to release a Bitcoin ETF next year and analysts predict that it could be approved as soon as January, leading to increased capital inflows into the cryptocurrency market.
A bipartisan group of US senators has introduced the Terrorism Financing Prevention Act, aimed at countering cryptocurrency's role in financing terrorism by expanding sanctions to include parties funding terrorist organizations with cryptocurrency or fiat.
Novel Wallet is a book designed to hide Bitcoin wallet recovery phrases by incorporating every word from the BIP39 word list into its chapters, allowing users to mark the corresponding words to their mnemonic phrase and enhance security.
Chainlink's expanded crypto-staking program, V0.2, quickly reached its limit after attracting over $632 million worth of LINK tokens in just six hours, with the price of LINK increasing by 12% to $16.72.