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Yearly archives: 2024
Top Trader Says Breakout Loading for Dogecoin and Shiba Inu Rival, Updates Outlook on Bitcoin and Jupiter
A widely followed cryptocurrency trader and analyst is turning bullish on a competitor to Dogecoin (DOGE) and Shiba Inu (SHIB) while offering his forecast for Bitcoin (BTC) and the decentralized finance (DeFi) altcoin Jupiter (JUP). The trader pseudonymously known as Bluntz tells his 300,000 followers on the social media platform X that the meme token …
Ethereum Co-Founder Transfers $72M to Kraken Exchange
TLDR Ethereum co-founder Jeffrey Wilcke transferred 20,000 ETH ($72M) to Kraken on Nov. 28 This is Wilcke’s fourth major transfer to Kraken in 2024, totaling over $147M Wilcke’s wallet retains 106,006 ETH after the transfer Ethereum Foundation and co-founders face increased community attention due to large transfers ETH shows 51.5% yearly return, lagging behind BTC …
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Ethereum (ETH) Price Analysis: Key Levels to Watch as ETH Trades Near $3,600
TLDR Ethereum is maintaining stability above $3,500 with strong support A high point was reached at $3,688 before a minor correction A bearish trend line shows resistance at $3,600 Technical indicators suggest potential for upward movement Support levels are established at $3,540 and resistance at $3,650 Ethereum continued to demonstrate market strength this week, maintaining …
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Chinese gaming giant Boyaa Interactive dumps Ethereum for Bitcoin
Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has shifted a significant portion of its crypto holdings from Ethereum to Bitcoin. According to a Nov. 29 filing, the company said it converted 14,200 ETH into approximately 515 BTC in an open-market transaction valued at $49.48 million. The firm stated that it …
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Crypto losses hit second-lowest level of $71 million in November 2024
The crypto industry experienced its second-lowest monthly losses this month, November 2024, with $71 million lost across 26 incidents, according to blockchain security firm Immunefi. This marked a significant improvement compared to November 2023, which recorded $343 million in losses, representing a 79% year-over-year drop and a 4% decrease month-over-month. Year-to-date (YTD) figures show the …
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Bukele Aims to Tap Into the Massive Potential of Salvadoran Gold Reserves
Salvadoran President Nayib Bukele recently highlighted the size and significance of the country’s natural gold reserves and how they can be used to improve the quality of life for Salvadorans. President Nayib Bukele Defies Mining Ban Law, Aims to Take Advantage of Salvadoran Gold Reserves El Salvador might be close to taking advantage of its …
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Bitcoin Could See Inflows Worth $2.28 Trillion in 2025: Insights From OKG Research
OKG Research’s forecast of $2.28 trillion in bitcoin inflows by 2025 underscores the asset’s growing importance in the global financial ecosystem. Bitcoin Can Hit Another Landmark in 2025 The cryptocurrency market is no stranger to bold predictions, and a new report by OKG Research, the research division of the Oko Cloud Chain Institute forecasts that …
Hong Kong Seeks Crypto Hub Status With Tax Breaks
Hong Kong is proposing tax breaks for hedge funds, private equity funds, and wealthy individuals investing in cryptocurrencies. Hong Kong and Singapore Vie for Top Financial Hub Spot Hong Kong authorities have reportedly proposed exempting hedge funds, private equity funds, and wealthy individuals from paying taxes on gains from cryptocurrencies. The proposals, aimed at making …
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Bitcoin Just Flashed the ‘Very First Signal’ To Kick Off the Parabolic Phase, Says Analyst – Here’s His Outlook
An analyst who nailed Bitcoin’s pre-halving correction this year says BTC may have entered a market cycle phase where steep rallies are in sight. The analyst pseudonymously known as Rekt Capital tells his 100,000 YouTube subscribers that the act of Bitcoin breaking above the resistance zone that formed around the 2021 cycle high of just …
US influence over Bitcoin grows with Trump victory
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t …
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Ex-Binance executive alleges retaliatory firing over bribery whistleblowing
A former senior executive at Binance has accused the company of retaliatory dismissal after she raised concerns about an alleged bribery scheme involving a colleague, Bloomberg News reported on Nov. 28. Amrita Srivastava, a London-based executive who worked remotely on Binance’s Link platform, testified that she was dismissed after reporting that a colleague solicited a …
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Tether Discontinues Support for EURT, Set to Prioritize USDQ and EURQ
Tether’s decision to discontinue EURT and prioritize USDQ and EURQ highlights the company’s forward-looking approach. Tether is Phasing out EURT Tether has decided to pull the plug on its Euro-pegged stablecoin, EURT. According to Tether’s announcement, holders of EURT will have until Nov. 27, 2025, to redeem their tokens, as the company will no longer …
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Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy
Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market Shifting Toward Yield? Yield-bearing stablecoins have steadily carved out a significant role in the market, with Ethena’s USDE now …
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Phantom Money: Counterfeit Dollar Bills Haunt Istanbul Bazaar
Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake notes. There are conflicting views on the extent of the problem, with some traders blaming banks for clogging the system by not accepting old dollar …
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