Bitcoin rally triggers over $36 million in shorts liquidations

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Circle denies terror finance allegations and ties to Justin Sun

Circle has refuted allegations linking it to terrorist funding and denies affiliation with crypto entrepreneur Justin Sun or his associated companies, including Tron (TRX) and HTX (formerly Huobi). In a letter addressed to Senators Sherrod Brown and Elizabeth Warren, Circle’s Chief Strategy Officer and Head of Global Policy, Dante Disparte, stated that the Campaign for Accountability’s …

Willy Woo Says On-Chain Bitcoin Metric Flashing Same Bullish Pattern As Last Year’s Market Bottom

Popular on-chain analyst Willy Woo says one indicator that marked Bitcoin’s (BTC) 2022 bottom is suddenly flashing bullish again. Woo tells his one million followers on the social media platform X that BTC is flowing off of exchanges similarly to how it did when the crypto market reached a bottom last year. “Bitcoin flows presently …

FTX and Alameda Research cash out $10.8M to Binance, Coinbase, Wintermute

The latest transfer of $10.8 million was spread across 8 tokens, including Stepn (GMT), Uniswap (UNI), Synapse (SYN), Klaytn (KLAY), Fantom (FTM), Shiba Inu (SHIB), Arbitrum (ARB) and Optimism (OP). News Join us on social networks Wallets linked to defunct crypto trading firms FTX and Alameda Research moved $10.8 million to accounts in Binance, Coinbase …

Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift

Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on. News Join us on social networks Celsius Network, a cryptocurrency lending platform, might need to secure a fresh vote from creditors for its planned shift to a Bitcoin mining venture, as a …

Tiger Global marks down stakes in BAYC and OpenSea: Report

Investment management company Tiger Global marked down its stakes in the NFT marketplace OpenSea by 94%. News Join us on social networks Investment firm Tiger Global has reportedly marked down several investments, including stakes in popular nonfungible token (NFT) projects like the Bored Ape Yacht Club (BAYC) collection and NFT marketplace OpenSea.  Citing anonymous sources, …

Bitcoin sees best monthly close in 19 months as BTC price taps $38K

BTC price strength endures the end of November, Bitcoin beginning the new month with a trip toward the top of its local range. Market Update Join us on social networks Bitcoin (BTC) returned to $38,000 on Dec. 1 after the November monthly close became its best since April 2022. BTC/USD 1-hour chart. Source: TradingView Bitcoin …

OPNX token spikes 50% after Su Zhu unexpectedly posts a ‘gm’ on Twitter

The OX token hit a price high not seen since co-founder Su Zhu was arrested in late September. News Join us on social networks Open Exchange Token (OX), the native token of the crypto bankruptcy claims platform OPNX, spiked 50% just 20 minutes after co-founder Su Zhu supposedly posted to X (Twitter) for the first …

Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm

“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released in November. Follow up Join us on social networks Australia’s controversial new guidelines for cryptocurrency taxation should be ignored for being unclear and should probably be seen as “toilet paper,” according …

United Nations agency to upskill thousands of staff in blockchain tech

The United Nations Development Programme (UNDP), which is tasked with eliminating poverty in over 170 countries, wants to educate its 22,000 staff on distributed ledger technology. News Join us on social networks A United Nations agency tasked with helping countries eliminate poverty is set to upskill its 22,000 staff in blockchain technology, with the ultimate …

SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate

Gene Borrello, a former prisoner at MDC, told crypto blogger Tiffany Fong that Sam Bankman-Fried was targeted for his timid nature and having “the body of the 80-year-old.” News Join us on social networks Sam Bankman-Fried was reportedly worried for his safety during his pre-trial detention time at the Brooklyn Metropolitan Detention Center and even …

November’s CryptoSlate Alpha snapshot: Navigating crypto’s regulatory maze and economic uncertainties

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Milei’s Argentina reverses course on BRICS, signaling shift toward stronger US relations

Argentina will not join the BRICS emerging economies bloc as planned next year, a senior official on President-elect Javier Milei’s transition team announced Thursday. Incoming Foreign Minister Diana Mondino stated on X: “No ingresaremos a los BRICS (we will not join BRICS).” Mondino had previously downplayed BRICS’ trade benefits, given Argentina’s existing partnerships with members …

Steep Rally Loading Up for Decentralized Finance (DeFi) Altcoin, According to Crypto Strategist

A closely followed crypto trader believes that one decentralized finance altcoin is setting the stage for a huge rally. Pseudonymous crypto analyst Inmortal tells his 202,300 followers on the social media platform X that Radix (XRD) could soar by more than 51% from its current value. “Respecting the squiggly perfectly. Breakout plus retest completed. Impulse …

Bitcoin Price Sprint to $40,000 – Can It Happen Soon Before EOY?

Bitcoin price is consolidating above the $37,500 support zone. BTC could attempt a strong increase if there is a clear move above the $38,400 resistance. Bitcoin is still struggling to clear the $38,500 resistance zone. The price is trading above $37,400 and the 100 hourly Simple moving average. There is a major bullish trend line …

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