Bonk (BONK), a memecoin built on the Solana blockchain, is rallying after being listed on KuCoin, the sixth largest crypto exchange, with over 480k unique holders and over 100 apps using the token.
Bitcoin is trading above $38,000 per coin, driven by dovish comments from the Federal Reserve and optimism surrounding the approval of a Bitcoin ETF, indicating a shift in sentiment from rate hikes.
Coinbase Global Inc co-founder and director Fred Ehrsam sold over 80,000 shares, about 7% of the shares he indirectly owns, but it did not affect the stock's performance as it surged 5.4% to an 18-month high.
Mad Lads, a Solana profile picture collection, is experiencing a surge in price and demand, outperforming other NFT projects, with the floor price reaching over $7,100 and over $1.39 million worth of sales in the past 24 hours.
Bitcoin is expected to reach $100,000 by the end of 2024, driven by increased dominance in the digital asset space, reduced selling by miners, and the potential approval of US spot ETFs.
Crypto lending firm Voyager Digital and its affiliates have been ordered by a federal judge to pay $1.65 billion in monetary relief to the United States Federal Trade Commission (FTC) as part of a settlement, with Voyager also being permanently restrained from offering digital asset products or services.
The annual COP28 conference on climate change is being held in the UAE, a major oil producer, and is expected to be ineffective, but it marks a positive shift in the narrative for Bitcoin, as its potential to support renewable energy and mitigate methane emissions gains recognition.
The native token of DeFi oracle network Pyth, PYTH, has experienced a significant price surge and is amongst the top performers in the altcoin rally, with a 10% increase in the past day and 35% over the week, reaching a price of $0.42, while Solana (SOL) and Dogecoin (DOGE) have also seen notable gains, and Bitcoin is up nearly 3%.
The Stellar Development Foundation is working to make blockchain technology more accessible and user-friendly through partnerships and developer tools, as showcased at the Meridian 2023 event.
Standard Chartered Bank reaffirms its prediction that Bitcoin will reach $100,000 by the end of 2024, citing the expected approvals of U.S. spot Bitcoin ETFs and the upcoming Bitcoin halving as potential catalysts for price increase.
Recent data indicating a slowdown in the economy and easing inflation suggest that U.S. Federal Reserve policy is appropriately positioned, according to Fed Governor Chris Waller, who also stated that if inflation continues to decline, rate cuts could be warranted in the coming months.
Former Binance CEO, Changpeng Zhao (CZ), will step down as Chair of the board of directors for Binance.US and transfer his voting rights as part of a settlement with US officials, following his guilty plea to one felony count for failure to maintain an effective Anti-Money Laundering program; Binance.US is facing a separate lawsuit filed by the SEC for potential control of user assets.
Ethereum creator, Vitalik Buterin, highlights the existential risks of artificial intelligence and the importance of AI development being led by a security-focused open-source movement rather than closed corporations, in order to ensure humanity retains agency and a positive future outcome.
The total crypto market cap has dipped by 1.3% to $1.4 trillion as many coins enter consolidation and correction, but top crypto analyst Miles Deutscher remains bullish on select altcoins and sees potential opportunities, including Injective, Pyth Network, SuperFarm, Cosmos, and dYdX, as well as the emerging potential of the Bitcoin ETF Token.
Four foreign banks, including Standard Chartered, HSBC, Hang Seng Bank, and Fubon Bank, have integrated China's e-CNY central bank digital currency (CBDC), allowing their clients to transfer, withdraw, and spend digital renminbi.
Bitcoin has seen a significant rally over the past three months, driven by anticipation of a US spot Bitcoin ETF and a surge in cryptocurrency inflows, with experts suggesting that the worst may be in the past for the industry and predicting smooth sailing ahead.
The Solana (SOL) price experienced a bearish weekly candlestick after a string of bullish ones, but it still remains above a key support area, leading to speculation about a potential upward trend resumption.
Real Vision CEO Raoul Pal suggests that Ethereum's price action and market structure indicate bullish indicators, with the altcoin likely to gain momentum if it closes above $2,150 and having already broken out from a wedge pattern on the weekly chart.
Bitcoin retail investors may face challenges if the first spot ETF is approved in the United States, leading to potential volatility and a "buy the rumor, sell the news" scenario, similar to what happened with gold ETFs 20 years ago.
Grayscale, a crypto giant, hopes to gain an advantage in the Bitcoin ETF market by "uplisting" its securities listing from an off-brand stock exchange to the NYSE, allowing it to bring its ETF to market quicker than its competitors.
Cardano founder Charles Hoskinson criticizes the SEC, accusing it of giving Bitcoin preferential treatment and wasting money in its actions against the cryptocurrency industry.
Crypto mining firm Phoenix Group's public trading launch on the Abu Dhabi Securities Exchange has been postponed to December 5, 2023, due to the UAE's National Day.
The Bitcoin price rally has stalled since November 9, leading to consolidation around the critical resistance level of $37,500, with short-term deviations expected before a potential increase.
The demand for bitcoin exchange-traded funds (ETFs) in Brazil has been significant, with $96.8 million in assets under management (AUM), driven by favorable regulation and institutional interest, while in the U.S., Binance founder Changpeng Zhao faces restrictions as he awaits sentencing for violating the Bank Secrecy Act.
Web3 investment firm Animoca Brands has partnered with The Open Network (TON) blockchain to become its largest validator and deliver blockchain-based games to Telegram's 800 million users. Animoca's investment in TON includes funding, research, and an analytics platform for third-party TON ecosystem applications.
The contango in the Chicago Mercantile Exchange's futures market for BTC and ETH indicates a bullish sentiment, with the "next month" contract trading at a premium to the "front month" contract.
The Shiba Inu (SHIB) price failed to break out and has fallen, but it still trades within a corrective pattern, and a breakout may be likely in the future.
Gaming-focused venture capital firm Animoca Brands has become the largest validator on the TON blockchain and is supporting TON Play, the network's gaming infrastructure project.
ARK Invest sold approximately $5.26 million worth of Coinbase shares as the cryptocurrency exchange reached a 19-month high, while also purchasing $1.2 million worth of Robinhood shares, according to the latest reports.
Bitcoin, the largest cryptocurrency, experienced its first halving 11 years ago today, marking a significant milestone in its history and signaling the upcoming halving expected in 2024, which is anticipated to increase scarcity and potentially impact the price of Bitcoin.
BitMEX founder Arthur Hayes argues that the punishment faced by Binance and its former CEO CZ is "absurd" and highlights the arbitrary nature of state punishment, suggesting they were treated more harshly than CEOs responsible for the financial crisis, while also emphasizing the challenge posed by crypto exchanges to the financial and political establishment.
Crypto has faced a series of setbacks in November, with the conviction of scam artist Sam Bankman-Fried, legal violations charged against Kraken, and a $4 billion money laundering settlement with Binance highlighting the need for strong regulation in the industry.
Vitalik Buterin, the creator of Ethereum, discusses the exciting use cases of blockchain technology, the intersection of AI and crypto, and his admiration for inspiring individuals in an exclusive interview with Fortune.
The Securities and Exchange Commission (SEC) Chair, Gary Gensler, has gained attention and controversy for his aggressive regulatory approach, particularly in relation to celebrity-sponsored investment products and cryptocurrency, but his tactics have also alienated industry insiders and strained relationships within the SEC.
Cryptocurrencies, including Bitcoin, experienced a slight decline from their recent highs, however, traders remain optimistic due to positive fundamentals and technical factors.
The majority of Dogecoin addresses have become profitable again, signaling a positive shift for the cryptocurrency, as its price has rallied 54% since its low in October and its network has experienced a surge in activity and growth.
Bitcoin is predicted to reach nearly $50,000 as the first spot BTC exchange-traded fund (ETF) is approved in the United States, according to the Ichimoku Cloud indicator and popular analyst CryptoCon.
The adoption and usage of dogecoin (DOGE) is increasing, with the number of addresses holding DOGE surpassing 5 million for the first time, the number of active addresses more than doubling, and the number of confirmed transactions reaching the highest level since June, although the concentration of ownership remains a concern.
Bitcoin mining can be a "critical tool" for clean energy and grid balancing, according to a working paper co-authored by Bitcoin advocates and a former CEO of ERCOT, countering claims that Bitcoin is harmful to the environment.
America's largest crypto exchange Coinbase has been subpoenaed by the Commodity Futures Trading Commission (CFTC) in relation to ongoing legal action against another exchange, Bybit, as the CFTC seeks information to support its case.
Ethereum co-founder Vitalik Buterin expresses concern that a superintelligent AI could potentially annihilate humanity, emphasizing the importance of preserving human agency in a future with AI.
Wind.app, a self-custodial, smart contract wallet co-founded by Hussain Elius, has raised $3.8 million in pre-seed funding to expand its services, which include enabling businesses to send payments to remote employees, acting as a virtual bank account, and providing an on-ramp/off-ramp infrastructure for users to exchange crypto for fiat. The startup differentiates itself by offering lower fees and a simplified user experience, targeting freelancers, remote workers, and eventually the underbanked segment. Wind.app aims to provide an accessible and secure platform for users with minimal blockchain and crypto experience.
South Koreans will have the opportunity to use deposit tokens based on a central bank digital currency (CBDC) through a pilot program operated by the Bank of Korea and financial authorities, as more countries explore CBDC implementation.
Major cryptocurrencies, including Bitcoin, experienced a significant drop, with exchanges reporting the lowest quantity of available Bitcoin since April 2018, leading to anticipation of a potential surge in Bitcoin's price driven by the anticipated decrease in supply due to the upcoming halving event in April 2024.
Ethereum creator Vitalik Buterin acknowledges the positive potential of artificial intelligence (AI) while highlighting the risks it poses to humanity, advocating for a security-focused open-source approach to AI development and the need for active human intention to guide its direction and outcome.
Changpeng "CZ" Zhao, former Binance CEO, could take advantage of his current situation in Seattle, where he is awaiting sentencing, by exploring local attractions such as live music bar Funhouse, high-end restaurant Spinasse, Deception Pass State Park, and the iconic Space Needle, giving himself a much-needed break before his legal proceedings.
Crypto strategist Kaleo believes that Cosmos (ATOM) is poised for a breakout, while also highlighting the potential for rally in Worldcoin (WLD) and STEPN (GMT) based on technical analysis.
Crypto tokens linked to video game projects and platforms, including Axie Infinity (AXS), ApeCoin (APE), and Iluvium (ILV), have experienced significant percentage gains in the past week, with Axie Infinity rising 12% and AXS reaching a six-month high. The surge in these tokens' value is attributed to various announcements and developments made by their respective developers, such as the introduction of the "Axie Classic" and the launch of official Axie merchandise. Additionally, the adoption of Ronin, Axie's Ethereum sidechain network, has contributed to Axie's recent recovery. APE, Stepn (GMT), Illuvium, and Treasure (MAGIC) have also seen notable price increases.
Crypto exchange Coinbase's shares have reached an 18-month high following rival exchange Binance and its former CEO pleading guilty to money laundering and sanctions violations, as well as Coinbase securing custodian agreements for pending spot crypto ETFs.
Ether (ETH) struggles to maintain support at $2,000 as it faces challenges such as regulatory scrutiny, exploits in DeFi applications, and declining institutional demand, raising concerns about its performance in the cryptocurrency market.