Bitcoin traded near $98,000 Wednesday after US November inflation data aligned with forecasts. The annual inflation rate reached 2.7%, matching consensus up 0.1%, while core inflation held at 3.3%, according to Trading Economics data. Monthly figures recorded 0.3%, slightly above last month’s 0.2%, and the Consumer Price Index stood at 315.49. US inflation data (Source: …
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A phishing attack resulted in a crypto user losing $7.8 million worth of SolvBTC, a wrapped Bitcoin product created by Solv Protocol. On Dec. 11, blockchain security firm Scam Sniffer highlighted the incident and shed further light on the evolving sophistication of such scams. How the attack unfolded According to Scam Sniffer, the victim unknowingly …
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Privacy coins are enjoying a boost this Wednesday, with the sector gaining 7.8% in just 24 hours. Monero (XMR) led the charge, climbing 12.3%, while zcash (ZEC) wasn’t far behind, advancing 15.4% against the U.S. dollar. Several others joined the rally, posting double-digit gains and keeping the momentum alive. Privacy Crypto Frenzy On Dec. 11, …
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Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option for an additional $38.2 million. These ASIC …
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Crypto.com announces a banking partnership with Deutsche Bank to enhance corporate banking operations in Asia-Pacific. Deutsche Bank Joins Crypto.com as Banking Partner Across Asia-Pacific According to an announcement shared with Bitcoin.com News, Crypto.com has formed a partnership with Deutsche Bank to access corporate banking services in Singapore, Australia, and Hong Kong. The team detailed that …
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On Wednesday, after Roger Ver’s guest appearance on Tucker Carlson, Amir Taaki, a former Bitcoin Core developer, took to social media to share his thoughts about the situation. Taaki emphasized that the ultimate verdict on a man’s actions lies in history, asserting that “history has absolved Roger.” ‘Bitcoin Needs New Leadership’: Former Bitcoin Core Developer …
After introducing the first version of the B2TRADER crypto spot trading platform earlier this year, B2BROKER announces a major expansion to B2TRADER, growing its capabilities beyond CRYPTO SPOT to FOREX, CFDs, and Crypto derivatives. With a team of over 50 specialists dedicated to making the B2TRADER platform a robust and scalable system that grows with …
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On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.56 million in …
Meme coin trading was a key driver of Raydium’s volume with meme coins accounting for 65% of Raydium’s monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row. This saw Raydium emerge as the top DEX by volume …
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Hester Peirce, the crypto-friendly commissioner at the Securities and Exchange Commission (SEC), says US regulators can do three things to help the digital asset industry. In a new interview on Fox Business, Peirce argues that the first step is to stop trying to prevent crypto from accessing the services it needs to move forward, like …
One new layer-2 Ethereum (ETH)-based altcoin jumped by triple digits as top US crypto exchange Coinbase added its support. Movement (MOVE) soared to a high of $1.45 Monday, a gain of more than 135% from its low of $0.616, as Coinbase announced the digital asset was listed on its platform for trading. MOVE has since …
A veteran trader known for accurately calling the crypto market collapse of May 2021 says that a quick Bitcoin (BTC) rally to $150,000 in the near future is in the cards. Pseudonymous Dave the Wave tells his 147,000 followers on the social media platform X that a sudden 55% rally for BTC wouldn’t be anything …
TLDR Ethereum tested $4,000 resistance level before experiencing a notable pullback to $3,621 Binance’s taker buy-sell ratio turned negative, indicating increased retail selling pressure ETH trading volume rose from $60B to $72B despite price decrease, suggesting active sell-offs Total crypto market liquidations reached $1.58B, with ETH accounting for $234.72M Institutional ETF demand remains strong, helping …
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TLDR Bitcoin hit new ATH of $104,000 in 2024, up 141.72% YTD, driven by spot ETF launches totaling $33.56B in assets Crypto-friendly Trump administration expected to establish Bitcoin strategic reserve and reform SEC policies Bitwise predicts Bitcoin could reach $200,000-$500,000, ETH $7,000, and SOL $750 by 2025 Major cryptocurrencies outperformed traditional assets in 2024: SOL …
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At Bitcoin MENA 2024, Binance CEO Changpeng Zhao said Bitcoin could surpass gold’s market capitalization. Speaking in an interview during the event, Zhao said gold’s supply is hard to determine, while Bitcoin’s fixed code, transferability, and transactional capability offer key advantages. He suggested Bitcoin’s valuation could exceed gold’s estimated $16 trillion market cap, which would …
