47 min read

Blockchain Weekly Issue - Week Ending 2023-11-25

crypto

WLD Had a Wild Weekend—What's Next for Sam Altman's Worldcoin?

Worldcoin has stayed out of the ongoing controversy surrounding Altman and OpenAI. They have not made any public statements or taken any apparent action thus far.

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Solana Meme Coin BONK Up 25% As It Gains Binance Listing

BONK experienced a rapid increase in popularity as it launched a new futures offering, in addition to its existing PYTH platform.

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Crypto Holiday Gift Guide 2023

Decrypt has curated a selection of the top gifts related to cryptocurrency and emerging technology, ranging from small stocking fillers to luxurious presents.

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A Bunch of Games Are Migrating to Aptos via READYgg

Aptos Labs and READYgg have formed a partnership to assist "Web2" games in adopting blockchain technology by integrating non-fungible tokens (NFTs) and loyalty models based on NFTs. Their collaboration aims to enhance the gaming industry's utilization of blockchain and enable new possibilities for player engagement and rewards.

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BONK Goes Boom: Solana Meme Coin Soars 1,700% in 30 Days to Hit All-Time High

BONK, a meme coin on Solana, experienced a sharp decline of 29% soon after reaching its highest point. Despite this, it managed to maintain a doubled price over the course of the week.

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BNB Plunges as Crypto Market Reacts to Binance CEO Stunner

Binance and its CEO Changpeng Zhao are expected to plead guilty as part of a settlement with the U.S. DOJ, leading to a sharp decline in the price of BNB.

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Trader: Bitcoin Will Inevitably Breeze Past $70,000—Here’s Why

Crypto chartist @MortensenBach predicts that Bitcoin will surpass $70,000 and reach a new all-time high, leading to increased demand for stocks of Bitcoin mining companies. This outlook is supported by Bitcoin's historical trend of parabolic advances after breaking above its 20-month simple moving average, as well as on-chain insights suggesting growing confidence from whales and positive fundamental factors.

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Bitcoin and BNB Token Stage Relief Rallies on Binance Settlement News

Crypto exchange Binance is said to be nearing a $4 billion settlement to resolve various criminal charges in the United States. The potential settlement amount would address multiple legal issues faced by Binance.

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Solana's Latest Block Explorer Shoots for Simplicity

SolanaFM believes that their new block explorer will be easier for users to access, improving accessibility compared to previous versions.

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Solana Price Prediction: ChatGPT Forecasts $1,000 In 2024

The AI Chatbot ChatGPT predicts that the price of the Solana (SOL) cryptocurrency could surge 8x from its current levels, reaching $1,000 by 2024. This prediction is based on positive market developments, widespread adoption of the Solana blockchain, and increased demand for the asset.

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Crypto Community Reacts To Binance CEO CZ Stepping Down

Binance CEO Changpeng Zhao, also known as CZ, will be stepping down following his guilty plea to charges from US regulators. The global crypto community has responded with a mix of reactions to his departure.

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Solana Forms Sell Signal, Decline To $30 Ahead?

Solana is forming a TD Sequential sell signal on the weekly chart, indicating a potential decline to as low as $30. Analysts believe that if the bearish formation is confirmed, Solana could experience a downswing towards $45 or even $30.

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Celsius entity to focus only on mining under proposed reorganization plan

Cryptocurrency lending firm Celsius will shift its focus to Bitcoin mining as part of its restructuring plan, following feedback from the SEC and consultation with creditors. The company plans to have the new mining entity publicly traded and owned by Celsius customers.

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Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement

Binance and its founder CZ have agreed to pay fines of almost $3 billion to the Commodity Futures Trading Commission to settle a lawsuit, as well as resolving parallel actions with the U.S. Department of Justice and Treasury Department.

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6 Questions for Alex O’Donnell about the future of DeFi

Alex O'Donnell, a former financial journalist, became involved in cryptocurrency and started Umami Labs. He is currently focused on developing a solution for secure interest on stablecoins and predicts that decentralized finance (DeFi) will become integrated into traditional finance.

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Trading Crypto on Binance Becomes Challenging as Order Book Liquidity Tanks 25%

Order book liquidity is the ability to effectively and rapidly trade assets at the prices displayed in the order book. It measures how easily and efficiently a trade can be executed based on the available buy and sell orders.

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Crypto Market Reacts: Binance CEO Changpeng Zhao Steps Down

In a surprising development, Binance CEO Changpeng Zhao has agreed to step down and has pleaded guilty to violating US anti-money laundering requirements, resulting in a $4.3 billion fine for the company. The news has caused significant volatility in the crypto market, with Bitcoin and altcoins experiencing fluctuations, and experts speculating on the impact of this event, including the potential approval of a Bitcoin ETF.

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Bitcoin's 3-Week Consolidation Under $38K Has Bullish Undertone

In the past three weeks, the pullbacks have become less severe, indicating a growing optimistic sentiment, according to one observer.

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Austria’s Raiffeisen Bank to Roll Out Crypto Trading for Retail Customers in January

A bank in Vienna has announced that it will soon offer crypto services to its customers through a partnership with Bitpanda. This will allow customers to access and utilize cryptocurrencies through the bank's platform.

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The U.S. Justice Department to Binance: Pay Up $4Billion to Drop Case

The U.S. Justice Department is reportedly in negotiations with cryptocurrency exchange Binance to settle a criminal investigation, demanding over $4 billion in fines to drop the case. The investigation involves potential money laundering, bank fraud violations, and other financial misconduct allegations.

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Altcoin Corrections Signal Strong Buy Opportunities: Crypto Analyst

Crypto analyst Michaël van de Poppe suggests that the current corrections in the altcoin market may present strong buying opportunities for investors. He draws parallels with historical trends and highlights that corrections in altcoins are natural and beneficial for the overall health of the market. Van de Poppe advises investors not to be afraid of significant drops in altcoin prices, stating that these can be good entry points for investment.

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ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms

ARK Investment Management and 21Shares have filed a third amendment to their Bitcoin ETF prospectus, showing their continued efforts to launch a spot Bitcoin ETF in the United States. The updated filing includes various updates and risk disclosures, reflecting progress and preparation for potential SEC approval.

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Sam Altman’s Worldcoin Token Makes Headlines With 24% Surge Amid OpenAI Drama

The value of the Worldcoin (WLD) token has been affected by the drama surrounding Sam Altman's dismissal from OpenAI, but it has recently experienced a strong recovery, reaching a trading price of $2.43. The news surrounding Altman continues to impact the token's price, and there may be additional volatility in the coming weeks, but its appeal to investors is expected to remain intact.

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Has Nayib Bukele’s Big Bitcoin Bet Borne Fruit?

El Salvador's president, Nayib Bukele, supported Bitcoin and made a significant investment during the 2021 bull market. As a result, he declared that his country would acquire one Bitcoin daily for its reserves.

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Kraken Becomes Latest Crypto Trading Giant Targeted in Battle With SEC

The Securities and Exchange Commission has filed a lawsuit against cryptocurrency exchange Kraken, accusing the company of operating an unregistered securities trading platform. The SEC claims that Kraken allowed users to trade digital assets that should have been registered as securities.

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'Buy the Rumor, Buy the News,' on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase

Analysts are speculating on the potential impact of the U.S. Securities and Exchange Commission's approval of spot bitcoin exchange-traded funds (ETFs) on the crypto industry, as the SEC faces upcoming deadlines to decide on several applications. These decisions, due in two months, could have significant implications for the industry.

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Empire Casino Review: Is This Crypto Casino Legit & Safe to Use?

Empire Casino is a new online crypto casino that was established in 2020 and is licensed by the Curacao egaming regulatory body. It accepts various cryptocurrencies for transactions and operations.

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Dogecoin Predicted to Experience Significant Price Growth, Say Top Analysts

Ali Martinez, a well-regarded crypto analyst, offers another viewpoint on Dogecoin, emphasizing technical indicators that suggest a possible increase in its value. He specifically focuses on metrics like trading volume and buying vs. selling balance.

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SEC Chair Gensler Slammed for Stating SEC Doesn't Prosecute Honest Business

SEC Chairman Gary Gensler faced criticism from the crypto community after stating that the agency's role is neither to prosecute legitimate businesses nor defend fraudulent activities. In response, many crypto advocates disagreed with Gensler, arguing that his stance does not reflect the challenges faced by the industry.

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Kraken co-founder slams ‘decel’ SEC, warns others should flee US

Kraken co-founder Jesse Powell criticized the SEC for suing his crypto exchange, calling it the country's "top decel," and warned other crypto companies to leave the US to avoid expensive legal battles. Powell's comments come after the SEC filed a lawsuit against Kraken for securities law violations, accusing the exchange of failing to register as a securities broker and commingling customer and corporate funds.

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ECB president calls for European SEC creation

European Securities and Exchange Commission (ESEC) is necessary for the EU, according to Christine Lagarde, the head of the ECB. She argues that such an agency would be beneficial for the oversight and regulation of European markets, similar to the SEC in the United States.

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US Senator On Kraken Lawsuit: "SEC Unnecessarily Harming Customers"

US Senator Cynthia Lummis criticized the US Securities and Exchange Commission (SEC) for filing a lawsuit against crypto exchange Kraken, accusing it of illegal securities operations. Lummis, known for her support of the crypto industry, voiced her disagreement with the SEC's actions.

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BNB price rallies on news of DOJ-Binance settlement

The price of BNB token reached a 5-month high of $271.90, despite a wider market downturn, following news of a potential settlement between Binance and the United States Department of Justice. However, the price has since retraced some of its gains, suggesting a "buy the rumor, sell the news" strategy in the crypto sector.

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Binance CEO Changpeng Zhao to Step Down, Plead Guilty to Money Laundering

Under a DOJ settlement, CZ, the founder of Binance, has exited the company, while Binance itself will continue to operate.

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ADA and BNB Price Analysis for November 20

The market is continuing to rise at the start of the new week, with Cardano's price increasing by 5% since yesterday. On the daily chart, ADA has experienced a false breakout of the $0.3951 resistance level.

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Celsius Revamp Plan Hits Speed Bump With SEC: Source

The plan to create a new crypto services business from Celsius is facing obstacles due to regulatory issues with the U.S. Securities and Exchange Commission. There have been ongoing discussions and negotiations to resolve these concerns.

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Crypto VC firm CoinFund enters Hong Kong as capital moves to Asia

CoinFund, a New York-based cryptocurrency investment firm, has expanded its services in Asia due to regulatory challenges in the U.S. This move has led to capital flowing out of the country and towards Asia.

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Analyst Says Ethereum Is Seeing ‘Systemic Buying’, What This Means

A CryptoQuant Analyst has detected a notable increase in strategic investments in Ethereum, indicating a growing trend of buyers entering the blockchain network. This observation was made by a crypto market observer who contributes to CryptoQuant's analysis.

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Bitcoin Hashrate Hits Historic 500 EH/s Peak

On November 22, 2023, Bitcoin's hashrate reached a record-breaking level of 500 EH/s, equivalent to 0.5 ZH/s, based on a seven-day moving average.

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Ethereum Crosses $2000 Amid Increasing Whale Accumulations

According to data from Glassnode, Ethereum is seeing increased interest and accumulation from whales, indicating a growing momentum in the cryptocurrency market after a two-month period of gradual accumulation.

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Fantom Price Prediction 2023-2032: Will FTM Investors Waver in Crypto Winter?

According to the given predictions, the Fantom price is expected to reach $0.30 in 2023, $1.04 in 2026, $3.22 in 2029, and $9.31 in 2032. Fantom (FTM) aims to address the limitations of Ethereum.

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Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

Betters on Polymarket are uncertain about Sam Altman's return as OpenAI's CEO due to ongoing corporate turmoil. On the prediction platform, shares for "Sam back as CEO of OpenAI" are still being traded.

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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity

Despite regulatory challenges faced by Binance, Ethereum's price has risen above $2,000 due to increased network activity and anticipation of a spot ETF approval. The positive performance is driven by improved decentralized applications (DApps) metrics, increased protocol fees, and Ethereum's dominance in the non-fungible token (NFT) market.

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Are Mining Pools Becoming A Problem?

This description provides an in-depth examination of the mining ecosystem, exploring the potential risks and challenges across various aspects such as ASICs and mining pools. It delves into the systemic issues that prevail in the industry to offer a comprehensive analysis.

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Nansen phishing emails flood crypto investors’ inbox

A security breach at one of Nansen's third-party vendors exposed the email addresses of 7% of users in the system. Scammers have been sending phishing emails to Nansen users, impersonating the company and offering an exclusive airdrop event.

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Coinbase touts compliance efforts amid Binance fines, CEO exit

Binance, a U.S.-based cryptocurrency exchange, has agreed to pay $4.3 billion in fines and CEO Changpeng Zhao will step down after pleading guilty to criminal charges. This event marks a significant moment in the history of cryptocurrencies.

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Cardano to Welcome First Privacy Token Protocol This Month

The Cardano ecosystem is launching a new privacy-enhancing token protocol, marking an important step in their ongoing innovation efforts. This development comes in response to the growing demand for confidential blockchain transactions within the Cardano community.

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Yellen: Historic Binance settlement “sends message” to crypto industry

The Department of Justice has announced major actions against Binance, resulting in $4.3 billion in fines and forfeitures, making it one of the largest corporate penalties in US history. Attorney General Merrick Garland and Treasury Secretary Janet are leading the efforts.

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Terra Classic (LUNC) Multi-Year Algorithmic Price Prediction

Machine learning algorithms from CoinCodex have predicted a slower price surge for Terra Classic (LUNC) in the future, contradicting its previous success in the crypto world. Terra Classic's historical highs may not be repeated in the coming years, according to the predictions.

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FTX and Alameda Divest $36 Million Worth of These Assets

FTX and Alameda are divesting their holdings by transferring $36.01 million worth of MATIC and AVAX to multiple exchanges in the past 24 hours, demonstrating their dedication to reaching settlements with...

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Shibarium-Based DEX Marswap Makes Huge Announcement Regarding Shiba Inu Ecosystem Tokens

Shibarium-based decentralized exchange Marswap has announced the addition of a new trading pair for Shiba Inu ecosystem tokens, LEASH and BONE. This expansion aims to enhance the capabilities of the DeFi platform and provide more options for users within the Shiba Inu ecosystem.

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Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil

Genesis Global Capital LLC, a subsidiary of Digital Currency Group, has filed a complaint against cryptocurrency exchange Gemini, seeking to recover $689 million. The legal battle stems from alleged preferential transfers by Gemini, founded by Cameron and Tyler Winklevoss, as claimed by Genesis.

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US officials announce $4.3B settlement with Binance, plea deal with CZ

Binance CEO Changpeng Zhao, also known as CZ, has agreed to plead guilty to one felony charge in a settlement with the United States Department of Justice. The settlement resolves criminal and civil cases brought against the exchange.

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Coinbase accuses SEC of continuing to ‘hedge and delay’ over its petition for new crypto rules

Coinbase is complaining that the Securities and Exchange Commission is taking too long to respond to its request for new cryptocurrency regulations.

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Cardano Founder Courts OpenAI’s Sam Altman – What Does He Want To Build?

OpenAI has undergone a leadership change, with Sam Altman being replaced as CEO by Mira Murati. Charles Hoskinson, the creator of Cardano, has proposed a partnership with Altman to establish a decentralized language learning model using the Cardano blockchain. Altman's departure has caused ripples in the industry, with speculation that investors may seek to reinstate him as CEO.

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A timeline of Sam Altman’s outing from OpenAI

OpenAI co-founder Sam Altman was fired as CEO, leading to a series of events including the resignation of other executives and public backlash. The board of directors is now considering reinstating Altman after Microsoft CEO Satya Nadella pushed for his return.

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Belgium seeks to reboot the EU blockchain infrastructure project

Belgium plans to expedite the development of a European blockchain infrastructure during its presidency of the EU Council in early 2024. The government aims to use the blockchain to securely store official documents like driving licenses and property titles.

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Ethereum L2 Blast Crosses $123 Million, Important Things To Know Before You Bridge In

Blast, a new Ethereum Layer 2 network, has gained significant attention from investors who are bridging their assets, resulting in a Total Value Locked (TVL) of $123 million. Despite security concerns and unconventional bridging conditions, the network offers yield benefits and staking opportunities for users who bridge their ETH tokens and stablecoins.

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Crypto Analyst Issues Bitcoin Warning, Says BTC Could Crash up to 40% Near 2024 Halving

According to crypto trader Rekt Capital, Bitcoin could experience a significant drop around the 2024 halving event, similar to what happened in 2016. He shared this cautionary message with his large following on X social media platform.

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Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee

A Bitcoin user accidentally paid a transaction fee of $3.1 million, equivalent to 83.65 BTC, in a single transaction. This is the highest fee ever recorded on the Bitcoin blockchain.

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US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether

The United States Department of Justice has seized approximately $9 million worth of Tether following the freezing of funds connected to a criminal organization responsible for romance scams. The funds were allegedly tied to an organization that deceived victims into investing in legitimate businesses before conning them.

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Blast network hits $400M TVL, rebuts claim that it's too centralized

The Blast network has gained over $400 million in total value locked (TVL) since its launch, but there are concerns about its security and centralization. The network claims to be as decentralized as other layer-2s, but critics argue that its multi-signature upgrade functionality poses significant risks.

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GAM3 Awards 2023 Unveils Final Nominees as Web3 Gaming’s Biggest Showdown Approaches

The GAM3 Awards 2023 has released its final list of nominees, creating excitement for the event scheduled for December 14, 2023. This is the second edition of the highly anticipated Web3 gaming event.

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XRP Seals Path to $0.90 in Recent Pennant Formation

XRP has shown promising signs as it approaches the $0.90 price level, thanks to the formation of a pennant pattern which suggests a possible upward trend. A pennant is a pattern that indicates a short-term continuation of a trend.

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Bitcoin: The World's First Decentralized Organization

The comparison between Bitcoin and corporate structures reveals numerous conceptual similarities, suggesting that both systems share several key characteristics.

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BREAKING: Binance CEO Changpeng Zhao (CZ) Speaks – Also Announces the New CEO!

Following the agreement with the USA, Binance CEO Changpeng Zhao announced Richard Teng as the new CEO in his resignation statement.

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TPY Dives Deep Into DeFi as HTX Listing Drives Another High

TPY's price has surged by 19.81% in the past week, potentially reaching a new peak. Additionally, HTX Global has listed TPY on their exchange, garnering further attention for the token.

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Binance Announcement: Reaching Resolution With U.S. Regulators

We have successfully resolved investigations conducted by the U.S. Department of Justice, Commodity Futures Trading Commission, Office of Foreign Assets Control, and Financial Crimes Enforcement Network. This is a positive outcome for us.

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What is Q* and Q-Learning? OpenAI Could Have Imploded Over AI Fears

The discovery of a significant technological breakthrough, known as Q*, triggered a coup at the forefront AI company due to its potential implications.

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Who is Binance's New CEO Richard Teng? Company Published its Biography!

Binance, one of the world's largest cryptocurrency exchanges, has appointed Richard Teng as its new CEO, replacing Changpeng Zhao. Teng, who has extensive financial services and regulatory experience, joined Binance as the CEO of Binance Singapore in August 2021.

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Tether freezes $225M USDT linked to romance scammers amid DOJ investigation

Tether, a stablecoin issuer, has frozen $225 million worth of USDT tokens as part of an investigation into a Southeast Asia human trafficking syndicate. The funds were used by a crime syndicate responsible for a "pig butchering" romance scam, and Tether worked with the Department of Justice and crypto exchange OKX to freeze the funds.

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Argentina's Bitcoin Friendly Presidential Candidate Javier Milei WINS Election

Javier Milei won Argentina's presidential election with a decisive victory, defeating Sergio Massa by a margin of over 2 million votes.

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Bitcoin Technical Analysis: Bulls Eye $38K Amid Stiff Resistance

Bitcoin's price on November 24, 2023, has reached $37,903, fluctuating between $36,972 and $38,078 over the past 24 hours, with a high trading volume of $17.41 billion, indicating active market activity. Its market capitalization is currently at $737 billion.

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Dutch exchange Bitvavo cleared to operate in France

Bitvavo, a Dutch cryptocurrency exchange, has received regulatory approval in Austria and France, allowing it to expand its services to users in these countries. The exchange plans to focus on slow and measured expansion into new markets while also considering the impact of upcoming European Union regulations on crypto-assets.

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Binance To Remove USTC, But There's A Catch

Binance, a top cryptocurrency exchange, has been gaining significant momentum after reaching a $4.3 billion settlement with the US Department of Justice and other regulators. This resolution aligns with the exchange's recent growth and progress.

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Crypto Bank Silvergate Repays Deposits as Part of Liquidation Plans

Cryptocurrency-focused bank Silvergate Capital has reimbursed all remaining deposit liabilities and ceased operations after announcing its decision earlier this year.

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Shiba Inu and XRP Lending Now Available on This Japanese Exchange

BitTrade, a prominent Japanese cryptocurrency exchange, has expanded its offerings to include support for XRP and Shiba Inu (SHIB). In addition, BitTrade has initiated the recruitment process for its lending product involving these cryptocurrencies.

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BTC price bounces 3% post Binance amid call for Bitcoin bulls to 'step in'

Bitcoin experienced a price bounce after reaching weekly lows, gaining $1,000 in value after the Wall Street open on November 22. The cryptocurrency has been showing support for significant key levels throughout this period, as indicated by data from Cointelegraph Markets Pro and TradingView.

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Crypto Trader Says Altcoin Markets Approaching a ‘Historic’ Retest, Deep Dives Into Polkadot (DOT)

The crypto analyst Rekt Capital is exploring the altcoin markets, with a focus on Polkadot (DOT), an interoperability blockchain. In a post on the social media platform X, they discuss their views on the overall market and their interest in DOT.

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Mysterious "November 22" Post Received from Popular Altcoin! Price has moved!

PancakeSwap, a decentralized exchange, noticed a post mentioning November 22 and subsequently saw an increase in the price of CAKE. For more information, you can read the full article at the provided link.

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Betwinner Review: Is This Crypto Casino Legit & Safe to Use?

BetWinner is a popular online gambling platform that offers a wide range of betting options and casino games. It has gained recognition for its competitive odds, attractive bonuses, and user-friendly interface.

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HTX to restore services 'within 24 hours' after $13.6M hack

Crypto exchange HTX, previously known as Huobi Global, will resume deposits and withdrawals within 24 hours after being targeted in a $13.6 million attack. The exchange stated that it will fully compensate for the losses and ensure the safety of user funds.

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BREAKING: Details of the Accusations Against Binance and the Total Fine to be Paid by the CZ and Binance are Announced

The recent accusations against Binance have been revealed along with the amount of penalty the company will pay. For more information, you can read the details on the provided link.

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Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto

Blockchain security firm dWallet Labs has discovered a potential vulnerability in the InfStones validator service that could put up to $1 billion worth of crypto assets at risk. However, InfStones has responded, stating that the vulnerability only affects a small fraction of their live nodes and that the issue has been resolved.

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BREAKING: US Demands $4 Billion from Binance to End Criminal Case

US authorities are reportedly asking Binance to pay $4 billion to resolve a criminal case, with charges also expected against Binance and its CEO, CZ. Negotiations between the US Department of Justice and Binance are ongoing and a decision may be reached by the end of the month.

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Champions Tactics Preview: Everything You Need to Know About Ubisoft's NFT Game

Champions Tactics: Grimoria Chronicles is a player-versus-player game that features unique, collectible characters in the form of figurine-style NFTs. Players can engage in strategic battles and showcase their skills using these one-of-a-kind characters.

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Concero Collaborates With Bitcoin.com and Integrates VERSE Onto the Platform

Concero.io has partnered with bitcoin.com's Verse Ecosystem to address centralization in the industry. The collaboration will enable users to engage with the Verse token through Concero's cross-chain DEX and Staking aggregator, focusing on self-custody and user-friendliness.

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Empowering Privacy: SEDIMARK Adopts IOTA Tangle DLT for User-Controlled Digital Identities

SEDIMARK has launched its decentralized data marketplace on the IOTA Tangle DLT, a major step in the digital identity realm. By adopting the Self-Sovereign Identity model, SEDIMARK aims to revolutionize how individuals control and manage their personal information.

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ETH Could Rise to as High as $2.3K as It Breaks $2K Barrier

Despite a slight drop in price over the past 24 hours, Ethereum (ETH) remains above the $2K mark, indicating strength in the leading altcoin. The weekly performance of Ethereum is not reflected by this recent drop in price.

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Bitcoin Price Regains Strength As The Bulls Aim For $40K

Bitcoin has experienced a fresh increase in price, surpassing resistance levels at $37,000 and $37,350. If it continues to move upwards and clears resistance at $38,000, it could potentially reach $40,000 or even $42,000. However, if it fails to rise above $37,350, it may face a decline with support levels at $37,000 and $36,700.

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As ‘Decels’ Rise, Meta Dissolves Its Responsible AI Team

Meta is reorganizing its "Responsible AI" team, indicating a change in how it develops artificial intelligence. This shift aligns with a shifting landscape in the AI industry.

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Crypto funds inflow streak continues, adding $176 million led by bitcoin and solana

Crypto funds saw a sustained increase in inflows, reaching $176 million, for the eighth consecutive week. Additionally, they are also gaining a larger share of the total crypto volume.

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US regulators continue to discuss crypto: Law Decoded, Nov. 13–20

Elizabeth Warren continues to push for tighter cryptocurrency regulation, while Vivek Ramaswamy promises to protect crypto from government interference if elected. The US House Financial Services Subcommittee learns about the uses of blockchain in a hearing on crypto crime, and the New York State Department of Financial Services introduces new restrictions for crypto companies. Additionally, Vivek Ramaswamy criticizes sanctions against crypto mixer Tornado Cash in his crypto program, and Australia will impose a capital gains tax on wrapped tokens. The Democratic Party of South Korea now requires candidates to disclose their cryptocurrency holdings.

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$ADA: Analyst Forecasts Cardano To Go As High as $9.24

Mitchell Bouchard, also known as "Crypto Moose," predicts future bull runs in 2024 and 2025 for Cardano (ADA). He believes that Cardano's price could see substantial growth during these periods.

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Sam Altman's OpenAI ouster sees rollercoaster Worldcoin price

Sam Altman, co-founder of Worldcoin, experienced a rollercoaster ride with the token's price after being fired by OpenAI. The token, which is part of Altman's eye-scanning identity project, saw high volatility before and after his departure, reaching a high of $2.54 before dropping to $2.30 when he was replaced as CEO.

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Bernstein Expects a Fourfold Increase in Bitcoin Price! Here's That Date!

Bernstein analysts predict that the market value and price of Bitcoin will quadruple by mid-2025, according to a recent report.

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Nvidia posts record $18B third quarter revenue, cites generative AI as primary driver

Nvidia has announced a record quarter with revenue reaching $18.12 billion, following a trend of strong earnings growth. However, the company expects its business in China to decline significantly in the next quarter due to a partial ban on chip exports.

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XRP Holders Should Keep This Key Date in Mind Concerning This Airdrop: Details

Evernode, a Layer-2 smart contract platform on XRP Ledger, has taken a snapshot of eligible XRP holders for its upcoming airdrop. Around 5,160,960 Evers will be distributed to eligible holders.

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Bitcoin Price Uptrend To Continue? These Factors Could Spark Fresh Surge

Bitcoin price is currently trading above the $37,000 resistance zone and the 100 hourly Simple Moving Average. There is a bullish trend forming with support near $36,950. If the price manages to clear the $37,800 and $38,000 levels, it could continue to rise towards $39,200 and even test the $40,000 level. However, if Bitcoin fails to surpass the $37,800 resistance, there is a possibility of a downside correction. Immediate support levels are at $37,120 and $37,000, with a risk of further declines towards $36,780 and $36,200.

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DEX protocol KyberSwap appears to lose $47 million in possible exploit

KyberSwap, a decentralized exchange protocol, has reportedly been affected by a $47 million exploit based on on-chain data.

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Bitcoin Supply Inactive For a Year Hits Record High of 70%

Bitcoin holders seem reluctant to sell their coins at current prices, according to an observer. They are expected to hold onto their inventory for the foreseeable future.

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Lee Jeong-hoon, former chair of Bithumb, is at risk of serving an eight-year prison sentence as South Korean prosecutors claim he aimed to manipulate Bithumb's structure for personal gain through cryptocurrency.

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Clear Skies: Why Bitcoin Overhead Resistance Is Weak

While Bitcoin's current price is significantly lower than its previous highs, a visual technical analysis tool suggests that there is weak resistance overhead, potentially indicating that Bitcoin could break through and experience a significant surge in price.

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The PYTH Airdrop is Finally Here. But What is Pyth Network?

Pyth Network is a fast oracle service that aims to rival Chainlink as the leading data source for blockchain finance, with a focus on speed.

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Beyond Borders: The Intricacies of CBDCs and CFMs

Central banks around the world are exploring Central Bank Digital Currencies (CBDCs) as a way to modernize payment systems and adapt to the digital age. CBDCs, which are digital liabilities of central banks, have the potential to revolutionize the way we conduct financial transactions.

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Argentina's Next President Says It's OK to Sell Babies—Here's Why Bitcoin Lovers Love Him

Bitcoin maximalists and crypto industry leaders are optimistic about Javier Milei's increasing popularity as a politician, as they believe it could have positive implications for the cryptocurrency industry.

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Former Binance CEO CZ's X Account Restricted!

The Twitter account of CZ, former CEO of Binance, has been restricted. For more information, please click on the link.

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3 Altcoins Set To Skyrocket In Next Crypto Bull Run, According To Analyst

Crypto analyst Nick has identified Solana (SOL) and Chainlink (LINK) as two altcoins that could experience significant growth in the next bull run. He predicts that Solana could reach as high as $7,500, but advises caution due to potential market impact when locked-up tokens are released. For Chainlink, he sees a theoretical projection of $2,300, with a more conservative estimate of $200 to $400.

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Argentina’s new president could ‘supercharge’ nation’s use of crypto

Javier Milei, a pro-bitcoin, anarcho-capitalist, becoming the president of Argentina could potentially bring significant changes to the country's adoption of cryptocurrency.

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READYgg Partners Aptos Labs to Onboard Web2 Gamers

READYgg and Aptos Labs are working together to create a stronger gaming community, while also driving innovation in the industry. This collaboration has the potential to revolutionize the gaming industry and bring about transformative changes.

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Bitcoin Price at Levels Not Seen Since May 2022: Bearish Analyst il Capo Makes New Predictions

Analyst Capo of Crypto believes that Bitcoin will reach a target of $12,000 based on recent market trends. This prediction comes after the cryptocurrency's recent rally.

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Bitcoin transaction costs surpass those on Ethereum amid Ordinals resurgence

Bitcoin's average transaction fee has now become higher than Ethereum's, with an increase of 48.4% in the past week alone. Ethereum's average transaction fee, on the other hand, has not experienced a significant change.

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DeGods DUST Token Rallies on Weird, Totally Unsubstantiated GTA Rumors

The price of DUST, the native token for NFT collection DeGods, experienced a significant increase from $0.62 to nearly $0.80 today due to a baseless rumor suggesting that the new Grand Theft Auto game would include the cryptocurrency. Although the rumor has been debunked, the price of DUST remains impacted.

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Whale Withdraws Another 96M USDT From Treasury: On-Chain Analysis

Lookonchain, a platform for monitoring on-chain activity, reported that a large investor withdrew 96 million Tether (USDT) from the Tether Treasury and transferred it to OKX, Kraken, and Coinbase.

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SEC Chair Gensler Previously Endorsed Ripple’s ODL for Cross-Border Payments with XRP

U.S. SEC Chairman Gary Gensler, known for his tough stance on blockchain firms, acknowledged the positive impact of Ripple and its cryptocurrency XRP in facilitating cross-border payments. Gensler recognized the usefulness of Ripple's payment solution in improving the movement of funds.

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XRP Price History Hints at 82% Increase in December, But There's a Catch

Investors are eagerly monitoring XRP as the crypto market heads towards the end of 2023, anticipating potential gains. Data from the CryptoRank portal suggests that XRP is projected to experience a significant increase in the average monthly return for December.

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Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

Despite unfavorable events in the cryptocurrency market, Bitcoin's price remains stable at around $37,000, defying expectations of a significant decrease. This indicates resilience in the market.

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L2 Blast on multi-sig debate: Security exists on spectrum, nothing is fully secure

Blast, a blockchain network backed by Paradigm, faced doubt after quickly reaching a market cap of over $300 million and offering a token airdrop. In response to security concerns, Blast Bridge, an Ethereum-based L2 network, defended its security measures.

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Chainlink has experienced a significant surge of 88% in the last month, capturing investor attention. Analysts predict a potential breakout, with a target price of $20 for LINK.

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Martin Shkreli Tells CZ ‘Jail Ain’t so Bad,’ Speculates About Sentence

Martin Shkreli, also known as 'Pharma Bro,' commented on former Binance CEO Changpeng "CZ" Zhao's situation, suggesting that jail wouldn't be too difficult. Shkreli speculated that CZ could face up to a year in jail or potentially receive probation as a result of his money laundering charges.

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FTX’s FTT Token Leads Market Gains With 55% Rally, What’s Driving It?

The FTT utility token of defunct crypto exchange FTX has experienced a significant rally, rising 55% in just 48 hours. Speculations about the driving factors behind the rally include recent events involving Binance and its former CEO CZ, as well as FTX founder Sam Bankman-Fried's conviction.

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This is your brain on crypto: Substance abuse grows among crypto traders

Addiction experts have noticed a growing number of cryptocurrency traders seeking treatment for addiction, although official statistics are scarce. Abdullah Boulard, CEO at The Balance Luxury Rehab, reveals this trend to Magazine.

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Exploring the Significance of Bitcoin's Hash Rate Highs

Bitcoin's hash rate has reached a record high, reflecting a strong and secure network ahead of the upcoming halving event, while also indicating a rise in mining activity. This increase in hash rate reinforces the network's resilience against potential attacks.

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More Official Information on the Airdrop to be Distributed to XRP Holders

Evernode, a smart contract platform on XRP Ledger, has shared an update about its upcoming airdrop. They recently took a snapshot of eligible XRP holders and have approximately 5,160,960 Evernodes scheduled for distribution.

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Finance experts predict Solana price for start of 2024

As 2023 comes to an end and 2024 looms, experts in finance and cryptocurrency have shared their predictions for the price of Solana (SOL). The overall sentiment is positive, indicating an optimistic outlook for the cryptocurrency market.

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Blast’s TVL Hits $109M After 23K+ Users Join Its Community

Lookonchain reported that Blast's total value locked (TVL) has reached an important milestone, with over $109 million locked up in its protocol.

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UK finance minister announces legislation to boost the nation's digital asset sector

The UK's digital asset sector got a boost with the announcement of 110 measures for growing the nation's economy, including support and initiatives targeted towards this industry. Chancellor Jeremy Hunt included measures in his Autumn Statement to foster the growth and development of the digital asset sector in the country.

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BREAKING! Cryptocurrency Announcement is Expected from the US Department of Justice! Bitcoin Reacted!

The US Department of Justice is expected to announce cryptocurrency enforcement actions, causing the price of BTC to drop to $36.00. For more information, you can read the article linked.

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Bitcoin and Crypto Markets Shake Off Binance News, Turn Higher for Week

Despite the departure of a major crypto figure, the crypto markets have become more positive this week, with bitcoin reaching $37,400 and continuing to rise. Although they experienced some turbulence initially, the markets have resolved to the upside.

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Bitcoin (BTC) Sets New All-Time High

Long-term investors in Bitcoin have achieved a new record by holding the highest amount of the cryptocurrency to date. This milestone reflects strong optimism in the market, particularly considering the challenges faced throughout the year.

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3 cryptocurrencies to buy under $10 next week

Investors are increasingly interested in cryptocurrencies as the market experiences a significant surge, with Bitcoin and Ethereum taking the lead. However, there is also a growing interest in other cryptocurrencies.

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Altcoins This Company Invests In Are Usually Listed On Binance: Here’s its Portfolio

Paradigm's portfolio consists of altcoin projects that are typically listed by Binance, according to an article on Bitcoin Sistemi. For more information, you can read the article on the given link.

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PEPE Re-Enters Top 100 Rankings as $500K Token Distribution Begins – Is It Bullish for Price

The price of the popular meme coin PEPE rose by 10% over the weekend due to significant investments from crypto whales. An analysis of the on-chain activity suggests that the upcoming distribution of 418 billion free tokens could affect the price of PEPE in the coming weeks.

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Sony Ventures Into Web3 With Blockchain Launch Timeline

Startale Labs has partnered with Sony Network Communications to create an innovative blockchain platform aimed at revolutionizing entertainment and supporting creators with Web3 and NFT. The collaboration will also introduce digital twin-themed services.

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Important Shibarium Metric Soars 130%: What Does it Mean for the SHIB Price?

Shibarium, a layer-2 solution for Shiba Inu, saw its daily transactions jump to almost 35,000 on November 21, marking a 130% rise from the previous day. Since its inception, Shibarium has achieved significant milestones.

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Kronos Research Loses $26 Million in Unauthorized API Access Incident

Kronos Research reported a loss of $26 million due to unauthorized access to its API, but stated that it does not significantly impact its financial standing.

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Binance Announced Future Listing of These Altcoins with 50x Leverage!

Binance, a bitcoin exchange, plans to introduce the altcoins BONK and PYTH in futures trading, allowing users to trade with up to 50x leverage. The announcement was made by Binance and further details can be found on the provided link.

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Expert Explains Why Spot ETFs Are a Game-Changer Amid Anticipation of an XRP ETF

Chad Steingraber, a prominent figure in the XRP community, discusses how spot ETFs could have a significant effect on the crypto market, potentially causing institutions to heavily invest in digital assets such as XRP. This observation was made in a recent tweet by Steingraber.

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10101 Art revolutionizes Banksy art thanks to NFT

On November 27th, 10101 Art will be launching, giving people the chance to own a fraction of Banksy's renowned artwork "Turf War" through fractional ownership and NFTs. This innovative use of blockchain technology allows anyone to become a partial owner of the artwork.

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Coinbase v. SEC: Here's What's Happening Now

Coinbase's Chief Legal Officer, Paul Grewal, has provided an update on the ongoing legal dispute between Coinbase and the SEC. In July 2022, Coinbase submitted a petition to the SEC, urging it to establish regulatory rules for the cryptocurrency industry.

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Stable Video Diffusion Is Stability AI's Gambit for the Future of Video

Stability AI has announced the release of Stable Video Diffusion, a new text-to-video tool, following their successful launch of a text-to-image model, a controversial text-to-music model, and a low-key text generation model launch.

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US Prosecutors Urge Court to Keep Binance’s Ex-CEO in the Country Amid Flight Risk Concerns

US prosecutors are urging a court to prevent the former CEO of Binance, Changpeng Zhao (CZ), from leaving the country due to concerns about him being a flight risk, following the settlement between the US Department of Justice and Binance. They are seeking to restrict his travel until his sentencing in February 2024.

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3 Reasons Why Shiba Inu (SHIB) Funded Wallets Soared 14,793% in 20 Months

Shiba Inu (SHIB) gained attention in 2020 and has achieved noteworthy milestones. However, an overlooked aspect of its growth is the significant increase in funded accounts within the Shiba Inu ecosystem.

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DWF Labs and MovieBloc Revolutionize Filmmaking Through Blockchain Collaboration

DWF Labs has announced strategic measures to support MovieBloc, a blockchain-based platform transforming independent and short film distribution. This collaboration aims to reshape the film industry by leveraging technology for improved distribution practices.

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Arbitrum (ARB) Whales Are Selling Fast: Big Price Correction Ahead?

The Arbitrum (ARB) price fell back to $1 after failing to reach $1.25, with on-chain analysis revealing the main reasons for the retracement. ARB has faced difficulties in the crypto market in recent days.

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Coinbase cites SEC action against Kraken in push for crypto rulemaking

Coinbase, a cryptocurrency exchange based in the United States, has reiterated its request for the Securities and Exchange Commission (SEC) to address their petition for crypto regulations, citing the SEC's recent actions against Kraken as a reason for urgency.

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Ripple CTO Reacts to Accusations Regarding Elon Musk Profiting From Anti-Israel Propaganda

Ripple CTO David Schwartz has expressed his support for Elon Musk amid accusations of profiting from pro-Hamas propaganda on X. Schwartz's comments come in response to allegations made by U.S. lawmakers.

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Over 1,500 Projects Now in the XRPL Ecosystem, with Multiple Use Cases

The XRP Ledger (XRPL) has become the host for over 1,500 crypto projects, as revealed by data and information on the official XRPL website. These projects include applications and exchanges that have been established on the XRPL.

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Ethereum Is Above $2000 Again but Will It Cross the $2100 Resistance?

Ethereum (ETH) has experienced a surge in value, surpassing the $2,050 resistance level. It is now targeting further resistance at $2,100, with a bullish momentum towards $2,200 and $2,350.

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Credefi Finance has announced its integration with the XRP Ledger (XRPL), a move that enables the project to enhance its DeFi services by leveraging the energy-efficient and scalable features of XRPL. This integration is a significant milestone for Credefi Finance, allowing it to expand its offerings in the decentralized finance sector.

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Binance Effect on FTX Token! While FTT Climbed to the Top, Santiment Evaluated the Rise!

The agreement between Binance and the US government, as well as the resignation of CZ as Binance CEO, are the subject of ongoing discussions and are receiving significant attention. The details of the agreement and the implications of CZ's resignation are being closely scrutinized.

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SHIB Price Analysis for November 22

The market is currently neutral, with the SHIB/USD rate decreasing by 2.63% in the last day. On the hourly chart, SHIB's price is approaching a resistance level near $0.00000807.

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Letter from Binance CEO CZ to Employees!

Binance, the world's largest cryptocurrency exchange, reached an agreement with the US government regarding a lawsuit filed against it. As a result, CZ, the CEO of Binance, resigned and announced the appointment of a new CEO on his X account.

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Celsius Network’s Shift Towards Bitcoin Mining Plan

Bankrupt crypto lender Celsius Network plans to transition into a Bitcoin mining company following the confirmation of its bankruptcy plan by the court. The company intends to form a new company called Mining NewCo, which will be exclusively focused on Bitcoin mining and owned by Celsius customers.

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AXS Price in Peril: Can Axie Infinity Top Holders Rescue It?

Axie Infinity's price has dropped by 15% since its peak last week, reaching $5.73 on November 22. The analysis focuses on the trading activity of top AXS holders and its potential impact on the price of the cryptocurrency.

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Sam Bankman-Fried Used Mackerel to Pay For a Haircut in Brooklyn Detention Center: WSJ

As smoking is no longer allowed, people have replaced the tradition of using cigarettes as currency by trading preserved fish for goods and services.

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Will AI Use Crypto? Here’s What’s Driving AI Token FOMO

The AI subsector within the crypto industry is highly anticipated, with the emergence of AI-based tokens that integrate AI technology for various functionalities. Injective is one such token that utilizes AI to efficiently access and retrieve relevant information during its developmental phase.

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Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle

Both Microsoft (MSFT) and Nvidia (NVDA) stocks reached all-time highs, with Microsoft hitting $378.81 on Nov. 20 and Nvidia also reaching a record high. The surge was partly attributed to developments in the AI sector, including the removal of OpenAI CEO and co-founder Sam Altman.

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XRP gears up for a massive move to this price

XRP, like many other cryptocurrencies, has seen a 3% increase in value today and is expected to continue rising. These recent price movements indicate a departure from its recent bearish trend.

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LBank Labs Winter Bootcamp 2024: The Epicenter of Blockchain Innovation

The description summarizes the success of a recent Summer Bootcamp in Cabo Mexico, where 12 finalist teams were selected from over 70 projects and 3 of them received extra grants for their innovation, feasibility, and improvement. The Bootcamp brought together experts from various prestigious universities around the world.

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Apple CEO Tim Cook Gets Interviewed by Pop Superstar Dua Lipa

Apple CEO Tim Cook and British pop superstar Dua Lipa discussed a range of topics in a recent interview, such as Apple's technology approach, environmental strategies, and the future of AI. The conversation was diverse and covered multiple areas of interest.

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MATIC Slips Below Critical Area, Making a Way for Bears to Strike

Crypto analyst Ali Martinez observed that the price of Polygon (MATIC) has fallen to $0.77, which is below a key level of support. Martinez also highlighted that the price range of $0.84 to $0.86 was significant as it had a significant number of addresses with transactions occurring at that level.

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Altcoin market on brink of parabolic growth, analyst predicts

Popular crypto analyst @Mags shared a bold forecast for the altcoin market's capitalization and expects significant growth in the coming months.

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Ripple (XRP): Three Reasons to be Bullish, One to be Cautious

The description highlights Ripple as a unique cryptocurrency that combines optimism and caution for investors. It emphasizes the importance of understanding Ripple's position in the emerging bull market for those interested in the crypto market.

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Dfinity taps SingularityNET to bring AI services to DApps

Dfinity Foundation has teamed up with SingularityNET to enhance the infrastructure of decentralized AI and enable the use of DApps on the Internet Computer. This partnership aims to advance the development of decentralized AI and make it more accessible through blockchain technology.

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Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact

In just a few days, over $225 million has been deposited, even though withdrawals are not permitted until March. There is a reward program where users can earn "Blast points" by staking assets and referring new users, although some individuals believe it resembles a pyramid scheme.

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418 Billion PEPE Distribution Could Lead to Price Surge

The official Pepe (PEPE) X account announced that 418 billion PEPE tokens will be transferred from the team's wallet to Binance Earn, where they will be given as rewards to Binance users.

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Malaysian man falls victim to $200k crypto scam

A 42-year-old Malaysian man lost almost $212,000 of his savings after falling victim to a cryptocurrency scam. The incident was reported by the Johor Baru South Police assistant commissioner, but the victim's identity has not been disclosed.

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Bitcoin, Security, and the Future of Crypto: Interview with Jameson Lopp (Bitcoin Amsterdam 2023)

Jameson Lopp, co-founder and CTO of Casa, is a respected figure in the crypto industry, renowned for his contributions to Bitcoin infrastructure and security. He recently gave an interview at the BTC Amsterdam conference, as reported by CryptoPotato.

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SHIB, BTC, ETH Offer Revolutionary Way to Pay One's Mortgage

The official social media expert of the Shiba Inu team, Lucie, tweeted about SHIB's additional utility as a method of payment for mortgages and bills. Users can now pay their mortgages using SHIB through various providers.

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How Ubisoft, Xbox, and Blizzard Are Using AI to Make Next-Generation Games

Prolific video game studios are increasingly using generative AI to automate laborious aspects of game design, such as NPC dialogue and creating detailed in-game visuals. This adoption aims to accelerate development and allow human talent to prioritize more essential tasks.

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Cardano (ADA) Breakthrough Fails: Can Price Move Up Again?

Cardano (ADA) has encountered a key challenge as its price reached a local resistance level, making it difficult to surpass. Although there were indications of a potential breakthrough, ADA has struggled to sustain its upward momentum.

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World's Largest Bitcoin, Crypto Exchange Binance Founder CZ To Resign As CEO, Plead Guilty

Binance, a company, has agreed to plead guilty and will be fined $4.3 billion.

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Bitcoin Technical Analysis: BTC Holds Steady After Binance Settlement and Fed Minutes

The price of bitcoin remains steady below $37K after the settlement between the DOJ and Binance, while the Federal Reserve's minutes indicate no significant changes.

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XRP Forms Cup and Handle Pattern, Chartist Convinced of Imminent 208% Rally to $1.88

XRP has formed a cup and handle pattern on the daily chart, leading analyst Dark Defender to believe that a 208% rally to $1.88 is likely in the near future. Dark Defender highlighted this setup in his recent report on XRP.

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FTX-Backed Anthropic’s CEO Declined OpenAI's Merger Offer: The Information

Anthropic, a company backed by FTX, declined a merger offer from OpenAI's board of directors, according to a report by The Information. The offer was turned down by Anthropic's CEO and co-founder, Dario Amodei.

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Expert Explains Why SEC Sued Crypto Exchange Kraken

Attorney Deaton discusses the reasons behind the charges against Kraken filed by the SEC, stating that the crypto trading platform is accused of operating an unregistered exchange. The SEC has recently filed a new lawsuit against Kraken, claiming that the platform violated regulations in its operations.

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Singapore mulls new crypto rules, wants to ban retail traders from incentives and credit cards

The Monetary Authority of Singapore is planning to implement stricter regulations on retail crypto investors to protect them from potential risks. The new rules aim to prevent excessive speculation and safeguard customers' interests in the crypto market.

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SOL Worth $10+M Moved to Binance: Is a Sell-off Brewing?

Whale Alert reported that a large amount of Solana (SOL) tokens, approximately 199,999, was transferred from an unidentified wallet to the exchange Binance, based on their latest post.

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Belgium Moves to Accelerate EU Blockchain Infrastructure Project

The description highlights that investing in cryptocurrency carries a high level of risk and the article is not intended as investment advice. The use of the website implies agreement to the terms and conditions, which may include the use of affiliate links.

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From Peso to Bitcoin: Argentina's Political Shake-up Reshapes Finance

Javier Milei's election as Argentina's new president has brought significant political change to the country. Additionally, the rise in Bitcoin's value demonstrates a growing societal interest in cryptocurrencies.

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State Adoption: A Trojan Horse Challenging Core Tenet's Of Personal Liberty

The fear of a government ban on Bitcoin is a commonly discussed topic among Bitcoin enthusiasts, causing many to ponder its implications. Despite widespread skepticism, concerns about governmental intervention remain prominent in Bitcoin discussions.

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XRP Poised for December Surge, XPUNKS NFTs CEO Claims

Kaj Leroy, CEO and founder of XPUNKS NFTs and onXRP, finds the current narrative around XRP interesting and shares reasons why he believes there is a higher chance of a positive December for the cryptocurrency.

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Lightspark’s CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply ‘Some Form of Compromise’

David Marcus, the CEO of Lightspark, a Lightning Network payment solutions provider, recognizes the current compromise involved in non-custodial transactions on the network, while stating that custodial LN for institutions is ready for use.

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Philippines Makes Historic Move With $270 Mln Maiden Tokenized Bond Sale

The Philippines has sold $270 million worth of its first-ever tokenized treasury bonds, which have a 6.5% coupon rate and will mature in November 2024. The bonds garnered significant investor interest, indicating a successful investment opportunity for the country.

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SHIB Burn Rate Skyrockets 48000%, Shiba Inu Price To Rally?

Shiba Inu, an Ethereum-based altcoin, is experiencing renewed popularity as the Shiba community recently burned a significant number of tokens. The token has gained considerable attention in the cryptocurrency market.

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OpenAI's Former CEO Sam Altman's New Address Has Been Announced! Transferred to Software Giant!

The new address of OpenAI's former CEO Sam Altman, co-founder and president Greg Brockman, and other former employees has been announced. For more details, please visit the provided link.

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Exclusive: OpenAI investors considering suing the board after CEO's abrupt firing - sources

Investors in OpenAI, the creators of ChatGPT, are considering legal action against the company's board following the removal of CEO Sam Altman, which could result in a significant number of investors leaving the company.

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Chiliz Price Prediction: Will CHZ Price Break the 6 Months High?

According to a Chiliz price prediction, positive momentum is expected to continue in the cryptocurrency until 2024 as it holds key levels of support and attempts to break out of a long-term moving average. The current trading value of Chiliz is near its six-month high.

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Bitcoin's Dormant Supply Percentage Reached a Record Level! Approached 2021 Levels!

According to Glassnode, the supply percentage of Bitcoin has reached an all-time high. For more details, you can read the full article at the provided link.

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Africa-Focused Crypto Exchange Yellow Card Bags Africa's 'Disrupter of the Year' Award

Africa-focused crypto exchange, Yellow Card, was awarded the "Disrupter of the Year" in 2023 by the African financial industry, recognizing their contribution in addressing practical financial challenges in the region, according to the CEO.

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In a recent social media post, Ripple's chief legal counsel, Stuart Alderoty, criticizes the U.S. SEC for their perceived immaturity while they focus on regulating digital currencies. Alderoty believes that the SEC's actions are childish and may hinder the development of the crypto industry.

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Binance's DOJ settlement offered some glimmers of hope for the crypto industry

Binance CEO Changpeng Zhao has left the platform he founded after the company pleaded guilty and agreed to a $4.3 billion settlement with the US Department of Justice, causing significant impact in the cryptocurrency industry.

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Crypto Compliance or Overreach? SEC's Kraken Crusade Sparks Industry Debate

The SEC has charged Kraken, including its entities Payward Inc. and Payward Ventures Inc., for running a crypto trading platform without proper registration as a securities exchange, broker, or dealer. This marks a significant development in the regulatory landscape regarding cryptocurrency trading platforms.

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FTX Token (FTT) has seen significant growth in the past month, with its price skyrocketing by 296.17% from $1.05 on October 22. In the last 24 hours, the native token of FTX exchange has experienced a substantial increase in value.

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Millions of XRP Find Their Way to Bitstamp, Important Anonymous Sender Exposed

Over 14 hours ago, a large amount of XRP, 25 million, was anonymously deposited to Bitstamp crypto exchange. Additional information from Bithomp revealed further details regarding this transaction.

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XRP Case: SEC Announces Private Meeting, Investors Await Ripple Lawsuit Settlement

The U.S. Securities and Exchange Commission (SEC) has announced a closed-door meeting to discuss important topics related to the institution and settlement of injunctive action. The meeting is scheduled for Thursday, Nov. 30.

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This Altcoin Announced A Partnership With E-Commerce Giant Alibaba, The Price Moved!

Altcoin Aptos (APT) has formed a partnership with Alibaba Cloud, the computing and storage division of China's e-commerce company Alibaba. This collaboration aims to foster support for Web3 technology.

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IOTA’s Next-Gen Network: Node Protocol Development Reaches Key Milestones

The IOTA 2.0 network has reached a significant achievement by finalizing its node protocol for Proof of Authority and delegated Proof of Stake implementations. Currently, the IOTA 2.0 team is prioritizing the preparation for the testnet release.

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Paytience Unveils All-Inclusive Trading Suite and Membership

Paytience is preparing to release a comprehensive trading indicator suite and membership on November 24th. By utilizing custom algorithms, this suite aims to equip traders with powerful analytical tools to improve their market performance.

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Ripple’s ISDA Membership: Catalyst for XRP’s $100 Surge?

Ripple's membership with ISDA strengthens XRP's position in the derivatives market, which is valued at $1.2 quadrillion. Some XRP supporters anticipate a significant increase, potentially reaching $100, as a result of this development, backed by positive technical indicators and forecasts.

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Maybe This Time? Key Signals That the Institutions Really Are Coming to Crypto

During the height of the previous crypto market surge in 2021, there was a strong bullish sentiment driven by the belief that BTC would reach its all-time high of $69,000, fueled by abundant liquidity and the excitement of investors.

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This ‘Fast Horse’ Altcoin Should Remain Strong for Longer, Says Top Crypto Trader

A prominent analyst and trader predicts that Celestia, an altcoin project experiencing significant growth, will continue its upward trend for an extended period. The analyst, known as The Flow Horse, shares this projection with a large following on the social media platform X.

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Third-largest Bitcoin mining pool ‘likely’ censored OFAC-sanctioned transactions

Bitcoin is valued for its ability to resist censorship and avoid arbitrary rule-making, where anyone able to pay the network fees can transact freely. However, a new development threatens this as Bitcoin's fees are becoming increasingly expensive, limiting accessibility.

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Why Bitcoin price predictions often miss the mark

This description highlights the importance of being cautious when relying on Bitcoin price predictions due to the volatile nature of the market. Bitcoin has experienced significant growth and is widely known, but its value and popularity are subject to fluctuations.

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Hong Kong Stock Exchange Continues Altcoin Listings! Latest Listing Has Come for This Altcoin!

Hong Kong's licensed cryptocurrency exchange, HashKey, is listing altcoins for professional investors, with the latest listing being Maker (MKR). MKR trading will start on November 24.

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Solana (SOL) Reclaims $60 – Is Price Heading to a New Yearly High Next?

Solana (SOL) reached a new yearly high of $68.20 on November 16 but has since fallen below a critical resistance area at $62.50. The question now is whether it will break out or face rejection.

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Allie Eve Knox on Spankchain and the life of a Crypto Financial Dominatrix

"Welcome to the first IRL episode of This Time Will Be Different! In this week's episode, host Reza Jafery is joined by Allie Eve Knox, Spankchain Chief of Staff and FinDomme, as they delve into topics like selling feet pics, the permissionless nature of crypto, and the connections between crypto and sex work."

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Binance Announced the Addition of Many Altcoin Trading Pairs to its Futures Trading Platform!

Binance, the largest cryptocurrency exchange globally, has introduced new trading pairs for Cross Margin and Isolated Margin, including CVC/USDT and PNT/USDT. These additions expand options for futures trading on Binance.

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Lido DAO (LDO) Price Soars 10% Amid Massive Institutional Buying

On November 20, Lookonchain revealed data on whale transfers of LDO tokens, showing significant amounts being moved from exchanges to wallets. This attracted attention due to the large scale of the transfers.

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SHIB Price Analysis for November 24

The majority of coins in CoinStats are experiencing a slight upward trend, including SHIB, which has seen a nearly 2% increase in price over the past day. On the hourly chart, SHIB's rate is showing a positive outlook as it attempts to recover from a recently formed local low.

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Tokens In SEC's CrossHairs Are Posting Double Digit Year-To-Date Returns

The SEC has reinforced its claims that certain high-profile tokens are securities in its lawsuit against Kraken. Despite regulatory uncertainties, many of these tokens have seen significant gains so far this year.

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1 Way to Revive Dead NFT Wallets

This description highlights the fear of NFT collectors losing their seed phrase and the consequences of their NFTs sitting in a dead wallet. It emphasizes the responsibility and self-blame associated with safeguarding NFTs and the potential for theft.

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65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer

Many gaming companies released year-in-review reports, highlighting their accomplishments. However, a report from Game7 indicates that several game developers faced challenges and were not able to release new games.

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Fast-Growing AI Crypto Spikes by 20% Overnight, Exceeds $120 Million Cap

Amid controversy over Sam Altman's return as OpenAI CEO, AI cryptocurrencies have experienced a decline in value within the past 24 hours. Despite this, Autonolas, the top-performing AI crypto, has achieved a new valuation milestone of over $120 million.

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XRP Missing as SEC Lists Crypto Tokens Alleged to be Securities in the Kraken Lawsuit

The U.S. SEC has sued cryptocurrency exchange Kraken for allegedly offering services on assets that the agency considers securities, excluding XRP. The lawsuit accuses Kraken, operating as Payward and Payward Ventures, of engaging in unlawful activities.

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Selling Pressure by Bitcoin Miners is at a 7-Year Low: What’s Happening?

Bitcoin miners are currently applying less selling pressure to the BTC price, which is the lowest it has been in the past 7 years. This may have implications for the overall market and the price of Bitcoin.

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Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal

Former Bithumb Chairman Lee Jeong-hoon is facing fraud charges and awaiting an 8-year sentence for a failed deal with BK Group Chairman Kim Byung-gun. This development will have implications for governance and regulatory landscape in the crypto industry.

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Crypto Prices Today: BTC & CAKE Surge As PEPE Coin Plummets

Today, cryptocurrency prices have risen, indicating that investors are more optimistic about the market. This recovery comes after a previous decline in prices.

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ETC Price Prediction 2024: Will ETC Crypto Price Fly to $30?

The ETC price prediction remains positive for 2024 as long as it stays above the support level of $15.00, with potential for a breakout above the $22.00 barrier. Additionally, the EMAs in the ETC cryptocurrency are indicating a potential golden crossover.

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Ethereum (ETH) Bullish Whales Coming Back With Enormous Longs

A recent surge of activity from ETH whales has sparked interest and excitement in the market. Lookonchain's on-chain analytics reveal that one particular whale has made a significant move by selling 12,048 ETH.

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Analyst Predicts Bitcoin Signals Stable OI Amid Binance Lawsuit

Bitcoin has remained relatively unaffected by negative news regarding the Binance lawsuit, showing resilience. There is still consolidation occurring and there is potential for Bitcoin to break through to $37,000 after the Federal Open Market Committee announced no rate hikes.

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Chinese Police Bust $140 Million Crypto Money Laundering Ring

China's law enforcement agency in Wuhan arrested 27 individuals for their involvement in a crypto money laundering scheme worth approximately $140 million. The arrests spanned across different provinces and cities, including Deyang.

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Chainlink has experienced a decline and is now testing the $14 level. Analysts suggest that if support holds at this level, there could be limited resistance for Chainlink at higher levels based on on-chain data.

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What Binance CEO Said in Court Revealed! "I'm a Little Scared!"

Binance CEO CZ has reached an agreement with the US government in response to a lawsuit filed against him. As a result, CZ has decided to resign from his position as CEO of Binance amid accusations.

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BLUR Token Airdrop: Major Players Benefit from Second Airdrop

Airdrops in the cryptocurrency world are when tokens are distributed for free as a way for projects to grow their communities. BLUR token recently had a successful airdrop with support from notable players in the crypto industry.

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Over 346B Shiba Inu Stolen as Justin Sun’s HECO Bridge Suffers $83M+ Hack

Justin Sun's HTX bridge, previously known as Huobi, was hacked resulting in the loss of $83 million worth of cryptocurrency, including 346 billion Shiba Inu. The hack was detected this morning by on-chain analytical systems.

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Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume

Thorchain, a decentralized exchange (dex), has seen a remarkable increase in trading activity, with trade volume reaching $1.854 billion in the past week, making it the third-largest dex in terms of volume.

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Why a Spot Bitcoin ETF Launch is Fundamentally Positive: Pantera Capital

Pantera Capital founder Dan Morehead highlights the significance of the potential approval of a spot Bitcoin exchange-traded fund (ETF) for the crypto industry, acknowledging its potential to impact and revitalize the industry after facing challenges in recent years.

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Santander Private Bank Introduces Bitcoin, Ethereum Trading for Swiss Clients

Santander Private Banking International now provides bitcoin and ether trading services to its clients in Switzerland, allowing them to buy, sell, and hold these cryptocurrencies.

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Sam Altman, Former OpenAI CEO, Lands at Microsoft

OpenAI's former employees, including Altman, will be part of a new team focused on advanced AI research at a software company.

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Key Levels to Watch As Solana Price Enters Correction Mode from $68 Barrier

The price of Solana (SOL) coin recently reached a 19-month high of $68.2 before undergoing a minor correction of 15.6% due to uncertainties in the crypto market.

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Changpeng Zhao’s journey: from McDonald’s to crypto magnate

This is a description of Changpeng Zhao's journey from working at McDonald's to becoming a prominent figure in the crypto industry, showcasing his ability to redefine success in the modern era. Despite coming from a disadvantaged background, he overcame obstacles and went on to achieve great success.

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Bitcoin broke through the key resistance level of $38,000, a positive sign indicating bullish sentiment and continued pressure from buyers. According to Independent Reserve CEO Adrian Przelozny, the next two years are expected to be crucial for Bitcoin.

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Ethereum won’t flip Bitcoin anytime soon, but Ordinals could change that

Bitcoin's block space is becoming increasingly valuable in the cryptocurrency market, as it currently accounts for over half of the entire market and has significantly outperformed ether in 2023. The anticipated shift of ether surpassing bitcoin, known as the "flippening," has not yet occurred.

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DOJ Is Seeking $4 Billion From Binance, Criminal Charges Against CZ

The Department of Justice (DOJ) is engaged in negotiations with Binance, which involve potential criminal charges against CEO Changpeng Zhao. However, despite the talks, Binance would be permitted to continue its operations.

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OpenAI investors push for Sam Altman's return as CEO: Report

Investors of OpenAI are criticizing the decision to remove CEO Sam Altman and are working to reinstate him, with some contacting the company's largest shareholder, Microsoft, for support. Altman's departure has also led to the resignation of the company's president and three senior researchers.

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How Sam Altman Was Pushed From OpenAI Into Microsoft's Open Arms

Over the weekend, the AI giant experienced significant turmoil as its co-founders left for Microsoft during a boardroom conflict, resulting in a series of events that led to their departure.

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Let’s use Web3 to grow projects that fight climate change

Blockchain and Web3 solutions have the potential to revolutionize carbon credit markets through increased transparency, fraud protection, and disintermediation. However, there has been limited discussion about the specific benefits that these technologies can bring.

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US Justice Department seeks $4 billion from Binance to end criminal case: Bloomberg

The US Department of Justice (DOJ) is reportedly asking for over $4 billion from Binance as a potential resolution to an ongoing criminal investigation.

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GoldenTree partner who led crypto push set to leave firm

Joseph Naggar, a key figure in GoldenTree Asset Management's expansion into cryptocurrency, is planning to leave the company. His departure raises questions about the future of the firm's crypto unit.

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Three Giant Whales Started Selling Three Different Altcoins: Here Are All Their Trades

During the ongoing cryptocurrency market rally, three large cryptocurrency owners (whales) decided to sell their altcoins, indicating active participation in the market. Additionally, a previously inactive whale with the short address 0xd4e made a notable transaction, suggesting a significant shift in their activity.

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The weakness in the U.S. Dollar Index indicates that Bitcoin and the S&P 500 Index may continue to be favored by buyers. There is also an increase in exposure to global cryptocurrency exchange-traded products (ETP), suggesting a bullish view on cryptocurrencies.

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SHIB Rep Teases 'Testing That Will Shape Future of This Ecosystem,' Community Excited

This description highlights the challenges faced by individuals who are busy and focused on their goals, suggesting that they have the potential to create a successful product. It also mentions the achievement of being featured on the cover of The Shib.

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Do science, earn crypto: Coinbase CEO’s other startup sees record price rally

ResearchHub co-founder Patrick Joyce offered 42,500 ResearchCoins (RSC) as a reward to conduct tests on the alien mummy hoax in Mexico City, following the public's fascination with the incident a few months ago.

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How Bitcoin (BTC) and Altcoin Prospects Stack Up for the Next Bull Market

Investors are faced with a decision of whether to choose the stability of Bitcoin or take a risk with altcoins as the crypto bull market approaches. Limited capital requires careful consideration before making any investment choice.

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Avalanche (AVAX) Price Finally Conquers 455-Day Resistance – Is the Tide Turning?

The Avalanche (AVAX) price recently broke out of a long-term descending resistance trend line, but struggled to maintain its upward movement above a significant horizontal resistance area.

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FTX Initiated Massive MATIC, AVAX Transfer, But No One Noticed

FTX Derivatives Exchange quietly transferred around $36 million worth of tokens in the past day using the Polygon network, as reported by Lookonchain. The bankrupt trading firm executed the transfers discreetly, which went largely unnoticed.

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‘They’re Playing a Game’: What New Yorkers Think of the SEC’s War Against Crypto

CoinDesk conducted interviews with people on the street to gather their opinions on cryptocurrency and regulation after Kraken, a reputable exchange, faced a lawsuit from the Securities and Exchange Commission.

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Binance CEO Changpeng “CZ” Zhao: Steps Down As Part of $4 Billion Settlement with U.S. Authorities

Cryptocurrency exchange Binance has agreed to pay a $4 billion settlement to resolve investigations into anti-money laundering practices. Binance CEO Changpeng Zhao will step down from his position and plead guilty to violating anti-money laundering requirements.

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DISCLAIMER: All information  is provided merely for informational purposes. Blockchain-weekly.com does not provide investment advice.