At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets Sights on Silver in the Global Asset Race On Fri., Nov. 8, 2024, bitcoin (BTC) officially takes its place as the ninth largest asset globally, overtaking Meta’s …
Monthly archives: November 2024
Crypto Biz: US elections crown Polymarket
This week’s Crypto Biz features Polymarket, BlackRock’s IBIT hitting $1B volume, Meta’s Llama joining the US military, Bitcoin miners posting production records in October and VanEck listing PYTH ETN.
Binance Labs ventures into DeSci with BIO Protocol investment
The decentralized science DAO supports healthcare efforts that might otherwise not attract sufficient funding and gives stakeholders a say in their management.
Internet Computer and Chainlink Dominate the Crypto Sector in Terms of Recent Development Activity: Santiment
Internet Computer (ICP) and Chainlink (LINK) are leading the crypto sector with “historic rates” of recent development activity, according to the digital asset analytics firm Santiment. Santiment notes that Internet Computer, a cloud-focused public decentralized network, clocked 829 notable GitHub events in the past 30 days. Chainlink, a decentralized oracle network, came in second with …
This Catalyst Could Trigger Ethereum To Explode by Nearly 70%, According to Coin Bureau’s Guy Turner
A widely followed crypto trader says that one catalyst could cause Ethereum (ETH) to spark a rally that sees it rise by nearly 70%. In a new video update, Guy Turner, the host of CoinBureau, tells his 2.53 million YouTube subscribers that the second-largest digital asset by market cap could regain its all-time high (ATH) …
Trump Appears Set To Keep Fed Chair Jerome Powell On Until His Term Ends in 2026: Report
Donald Trump reportedly appears to have no problem with Federal Reserve Chair Jerome Powell serving the remainder of his term until May 2026. Trump appointed Powell during his first term but the two clashed several times leading to the then 45th US president threatening to remove the Fed Chair from office. Powell kept his post …
BlackRock’s IBIT Bitcoin ETF Surpasses iShares Gold ETF in Net Assets, Reaching Over $33,000,000,000
New data reveals that asset management titan BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has surpassed its gold counterpart in terms of net assets. In a new thread on the social media platform X, Nate Geraci – co-founder of the ETF Institute – notes that BlackRock’s iShares Bitcoin Trust ETF (IBIT) took only 10 months to …
Ensuring Safe Transactions When Playing at Online Casinos
Ensuring safe transactions becomes a major concern for both players and platforms as internet casinos keep becoming more and more popular. Knowing how to protect personal information and money is absolutely vital since the internet age lets individuals enjoy casino games from the comfort of their homes. Choosing a Trustworthy Online Casino Choosing a trustworthy …
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Canadian police praise Tether for ‘swift’ recovery of stolen funds
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.
FTX tries to reclaim $11M from Crypto.com-controlled Alameda account
Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users.
Embattled FTX Co-Founder Gary Wang Is Building US Authorities a Tool To Track Illicit Activity on Crypto Exchanges
FTX co-founder and former CTO Gary Wang continues to work with US authorities after giving his testimony at the trial of his college roommate and ex-colleague, Sam Bankman-Fried. Wang is among the FTX executives who were charged following the collapse of the FTX crypto exchange. He pleaded guilty to four criminal counts in December 2022. …
Celebrating the Success of Zircuit’s ZRC EigenLayer Fairdrop
November 8, 2024 – George Town, Grand Cayman Zircuit, the chain where innovation meets security, is thrilled to announce the success of its EIGEN ‘fairdrop’ initiative. With a first-of-its-kind distribution of two percent of ZRC tokens to eligible EIGEN holders, Zircuit has introduced a model of fairness and inclusivity in the Ethereum staking ecosystem, underscoring …
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Top Memecoin Could Explode 121x if History Repeats, According to Crypto Analyst
Crypto analyst and digital assets trader Ali Martinez is leaning bullish on the largest memecoin by market cap. Martinez tells his 77,400 followers on the social media platform X that Dogecoin (DOGE) could go up by more than twenty-fold from the current price. Based on the extrapolation of Fibonacci retracement levels, a technical analysis tool …
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Binance Labs invests in BIO Protocol to advance DeSci, disrupt traditional funding
Binance Labs, the venture capital arm of crypto exchange Binance, has made a strategic investment in BIO Protocol, a blockchain-based platform that aims to reshape early-stage scientific research funding. The investment marks Binance Labs’ first foray into the emerging Decentralized Science (DeSci) sector, highlighting its commitment to leveraging blockchain technology for societal impact. BIO Protocol’s …
The fight is not over yet – Bitcoin must be a promise kept in 2025
The crypto community responded enthusiastically when Donald Trump emerged victorious in the US election. As someone deeply invested in the ideals of blockchain and decentralized systems, I find myself navigating a complex mix of hope and healthy skepticism. Trump’s recent pro-crypto rhetoric has undeniably ignited optimism within the industry, but it also raises questions about …
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