Ethereum, valued at $468 billion, traded within an intraday range of $3,851 to $3,957.89 on Dec. 14, 2024, reflecting a 20.2% drop from its peak of $4,878.2 on Nov. 10, 2021. Ethereum The daily chart reflects ethereum’s ongoing consolidation, with a peak at $4,096.6 marking the recent high of an uptrend that began at $3,014.5. …
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In the past hour, bitcoin has settled into a cozy spot, bobbing gently between $101,536 and $101,747. Over the last day, it’s danced from $99,939 to a peak of $102,658, with a whopping $74.15 billion in trades shuffling around and a market cap hitting the stellar $2 trillion mark. Bitcoin On the 1-hour chart, bitcoin‘s …
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On Friday, the 12 spot bitcoin exchange-traded funds (ETFs) hit another high note, pulling in $428.98 million during the day’s trading session. Meanwhile, nine spot ether ETFs added $23.61 million to their tally. Bitcoin ETFs Dominate as $429M Floods In—Ether Funds Join the Party with $24M Both bitcoin and ether ETFs ended the day on …
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Meme coins have exploded in popularity this year, but one thing is still missing: a way to earn passive income. Crypto All-Stars (STARS) aims to change that. This new staking platform, which promises to unify top meme coins like DOGE, PEPE, and WIF, has already raised over $15 million in presale funding. Crypto All-Stars Introduces …
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A Massachusetts man, Alan Joseph, 36, has been convicted of operating an unlicensed money transmission business and laundering funds after converting cash linked to counterfeit goods into bitcoin, Homeland Security Investigations (HSI) announced on Thursday. Convicted on Nov. 22, following a five-day jury trial, Joseph was found guilty of facilitating illegal cash-for-crypto transactions, including a …
Continue reading “Prison Time Looms for Bitcoin Trader—Justice or Crypto Clampdown?”
A total of $7 trillion is now fully sidelined as a group of investors refuse to pour their cash into risk assets, according to a new report. New figures show the amount of capital sitting on the sidelines in money market funds is at a fresh record high, reports Reuters. Money market funds allow people …
New data from market analytics firm Glassnode reveals that traders are keeping their Solana (SOL) stacks amid expectations that its price will continue to rise. In a new thread on the social media platform X, Glassnode says that long-term holders now own a significant supply of SOL, believing that Solana’s bullish phase is far from …
The founder and chief executive of the crypto advocacy group The Digital Chamber has a big Bitcoin (BTC) price prediction for 2025. Crypto lobbyist Perianne Boring tells Fox Business in a new interview that President-elect Donald Trump’s future approach to the sector could send BTC skyrocketing close to $1 million. “The stock-to-flow model says it’s going …
The $50 million hack sent shockwaves across the defi community with funds authorized to different projects completely drained. $50 Million Hack a Stark Warning for the Defi Industry The complexity and precision of a recent attack on Radiant Capital, a decentralized cross-chain lending protocol built on Layerzero has exposed another layer of vulnerability, even in …
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Following Gary Gensler’s resignation, Paul Atkins was nominated to take over as the new Chairman of the SEC—the approval of which would mark his return to the Commission after a 17-year hiatus and could mark a drastic change for the crypto industry and digital assets. The following opinion editorial was written by Alex Forehand and …
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New court documents show that BiT Global, a custodian of Wrapped Bitcoin (wBTC), is suing Coinbase after the top US-based crypto exchange delisted wBTC in November. In a new complaint, BiT Global accuses Coinbase of using wBTC – the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain – as a “cash grab” before …
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December 12, 2024 – San Francisco, California In a first-of-its-kind contest, the exchange that is fastest to sell 1,000 nodes will be awarded 1,000 free nodes to share with its community. Bluwhale, an AI Web 3.0 start-up, today announces an innovative competition on its platform between two of the biggest and fastest-growing exchange wallet teams …
Continue reading “OKX and Gate Wallet Communities in Battle for the Bluwhale Node Challenge”
OpenAI has countered Elon Musk’s recent lawsuit, emphasizing that the billionaire had previously advocated for the company’s shift to a for-profit structure. Musk, one of OpenAI’s co-founders, has accused the AI company of abandoning its nonprofit roots, filing a fresh lawsuit in August after withdrawing an earlier complaint. Early discussions and governance disputes In a …
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Chi Zhang, CEO of Kite AI, criticizes both the European Union (EU)’s and US’ approaches to regulating artificial intelligence (AI). David Sacks’ Appointment Boosts AI, Crypto Chi Zhang, COO at Kite AI, believes the EU’s law on AI, while enacted with good intentions, could “impose burdensome compliance on smaller innovators.” Conversely, the United States “more …
A senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy. The Pro-Crypto Leader Poised to Shape US Fiscal Policy U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager Scott …
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