Elon Musk has grabbed Binance CEO Changpeng Zhao’s attention on Twitter as Dogecoin (DOGE) holders face withdrawal issues on the world’s largest exchange. Binance suspended the withdrawal of DOGE on its platform on November 11th due to an issue caused by an upgrade. The exchange says it is suspending withdrawal transactions for up to 14 …
Monthly archives: November 2021
Bitcoin overtakes Paypal on value transferred, sets sights on Mastercard: Report
The Bitcoin network already processes more volume by dollar value than Paypal and the largest decentralized cryptocurrency network in the world by market cap could outstrip Mastercard by as early as 2026. A Nov. 25 report from market intelligence platform Blockdata titled When might the Bitcoin network process volumes like Mastercard and Visa? points out …
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Australian Tax Office says it can’t rely on crypto users’ own records
The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and profits — even though most investors try their best. Speaking at the 14th International ATAX Conference on Tax Administration conference on Nov. 23, ATO commissioner Chris Jordan stressed that many new crypto investors may not …
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Ripple co-founder Jeb McCaleb’s “XRP dumping” has been on pause for the last 3 months
According to the website jed.tequ.dev, Ripple co-founder Jeb McCaleb hasn’t sold any XRP since the end of August this year. Making this one of the most prolonged periods in which he hasn’t offloaded his holdings. The data shows the last sale took place 12 weeks ago, where he transferred just under eight and half million …
Morgan Stanley just bought the Bitcoin (BTC) dip through Grayscale shares
Institutional investors’ interest in Bitcoin has refused to wane despite the continued price volatility of the flagship digital asset which has seen the asset rise to over $68,000 then drop to around $57,000 presently within the space of the last 30 days. An example of one such investor is a leading investment bank in the …
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Crypto.com token (CRO) added $7 billion to its market cap over past week
On November 17, the cryptocurrency exchange Crypto.com and Anschutz Entertainment Group (AEG) shocked the world with a massive $700 million 20-year agreement on the naming rights of the Staples Center in Los Angeles. And now a week after the announcement, the Crypto.com CRO token price has doubled in value from $0.43 on Nov.17 to $0.76 …
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US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins,” the senator said. US Senator Raises Concerns Regarding Stablecoins U.S. Senator Sherrod Brown (D-Ohio), …
GAIMIN Releases Platform to Create a Global Data Processing Network With “Supercomputer” Performance
press release PRESS RELEASE. Manchester, UK, 25 November 2021: GAIMIN releases platform to create a global data processing network with “supercomputer” performance UK and Swiss based gaming and blockchain company, GAIMIN․IO Ltd releases a PC-based platform to create a global, decentralised data processing network with “supercomputer” level performance and also announces Nicky Butt, ex-Manchester United, …
Seventh-Largest NFT Platform Rarible Launches Messaging Application
Following the non-fungible token (NFT) platform supporting Flow-based NFT collectibles, NFT marketplace Rarible has launched a direct messaging feature that gives creators the ability to connect with fans via the user’s wallet address. Rarible Reveals Messenger Tool via Internal NFT Marketplace, Standalone Rarible Messenger to Follow The NFT marketplace Rarible is the seventh-largest NFT platform …
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Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright
On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help with the creation of Bitcoin. The plaintiffs are …
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Macro Guru Raoul Pal Says Millennials Migrating to Bitcoin From Gold and Traditional Finance – Here’s Why
Macro guru Raoul Pal is saying that millennial investors are opting to invest in Bitcoin (BTC) instead of traditional assets like gold. In a new interview with Parallax Digital CEO Robert Breedlove, Pal says that the traditional answer to currency debasement was gold, but that is no longer the case with a new generation of …
Ripple CEO Brad Garlinghouse Says He Wouldn’t Hold Dogecoin – Here’s Why
The chief executive of Ripple Labs is outlining his reasons for not holding the meme asset Dogecoin (DOGE). In a new interview with CNBC, Brad Garlinghouse says that he doesn’t believe DOGE is good for the crypto markets and points to the coin’s inflationary dynamics as a primary problem. “I’m actually not convinced, somewhat controversially …
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New Play-to-Earn Altcoin on Ethereum Soars 15,000% in Just Four Months, Shatters $1,000,000,000 Market Cap
A new alien-themed gaming token is leaving earth’s atmosphere as the overall metaverse trend continues to sizzle. Decentralized social gaming platform UFO Gaming (UFO) is built on the Ethereum network and features a “Dark Metaverse” where users can create their own clans, own and trade virtual land and earn crypto or non-fungible tokens (NFTs). Data …
The future is Bitcoin according to South Park creators
South Park, the animated TV series that often tackles topical issues with a comedic twist, showed Bitcoin being used as a mainstream means of payment in the not too distant future. In the “Post COVID” episode of its 24th season which aired Thursday, South Park depicted one of the show’s protagonists, Stan Marsh, paying for …
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Litecoin Price Prediction: LTC/USD Trades Near $230 Resistance
Litecoin Price Prediction – November 25 According to the daily chart, the Litecoin price prediction is seem maintaining its position as the bulls desire to push the coin above the 9-day moving average. LTC/USD Market Key Levels: Resistance levels: $280, $300, $320 Support levels: $170, $150, $130 LTCUSD – Daily Chart Buy Litecoin Now After …
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