In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset wallets. The following opinion editorial was written by Alex Forehand and Michael Handelsman for…
In an effort to tackle electricity shortages, Russian officials disclosed plans to suspend cryptocurrency mining in several regions this winter. The ban will impact the Irkutsk region, portions of Buryatia, the Zabaikalsky region in Siberia, and six North Caucasus areas, including Chechnya and Dagestan. Mining will also be prohibited in the Russian-controlled Ukrainian regions of…
According to the official statement, the SEC has postponed its decision on the Franklin Templeton Bitcoin and Ethereum crypto index ETF. Investment firm Franklin Templeton previously filed a registration statement with the agency in August for a Franklin Crypto Index ETF that would hold both cryptocurrencies under the ticker EZPZ. “The Commission finds it appropriate…
Canadian investment firm SOL Global Investments Corp has announced its intent to acquire additional Solana tokens, amounting to 3.6 million CAD. This strategic acquisition aims to leverage the promising growth prospects associated with Solana in the cryptocurrency market. What is the Purpose of the Fund? The funding from this proposal will significantly bolster SOL Global’s…
The bulls are back after the long bear market, sending prices up. While Bitcoin (BTC) leads the charge, recording successive all-time highs, top altcoins like Cardano (ADA) and Chainlink (LINK) maintain bullish momentum. Meanwhile, FOMO spiked as IntelMarkets (INTL), a new AI coin, reached its ICO stage. Nearing its debut, expected to be explosive, investors…
November 21, 2024 at 02:45 AM GST updated: November 20, 2024 at 11:42 PM 3 mins read News Cardano’s eco-friendly blockchain and focus on financial inclusion position it as a game-changer for underserved global communities. Solana’s high-speed transactions and low costs make it ideal for developers creating dApps and DeFi, fueling SOL’s growing adoption. Polkadot’s…
A surge in the cryptocurrency market has been ignited by recent backing from former President Trump. This unexpected support has propelled digital currencies into the spotlight. As a result, several altcoins are gaining momentum and attracting investor interest. Delving into these emerging cryptocurrencies may reveal lucrative opportunities. With the renewed interest, the crypto landscape is…
While Bitcoin and Ethereum may be household names in the crypto world, they’re not always the best choice for investors looking for massive returns. Savvy investors are now turning to tokens that offer real utility and continuous value from their inception – like Monsta Mash ($MASH). The crypto gaming space is rapidly gaining momentum, and…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 It’s official: Solana has hit a three-year high, brushing close to its all-time high of $260. With trading volumes surging and meme coin activity adding fuel to the fire, Solana proves it’s still a top player in the blockchain game. The buzz surrounding its $250 milestone is well-deserved, but…
On Wednesday afternoon, Bitwise Investment, a prominent asset manager and exchange-traded fund (ETF) issuer, submitted an S-1 form application for a spot Solana ETF to the US Securities and Exchange Commission (SEC) in the state of Delaware. This move positions Bitwise in the race for regulatory approval to launch an index fund that invests in…
Key Points Bitcoin whales continue to accumulate Bitcoin despite its price surge, indicating a potentially bullish outlook. Bitcoin ETFs experience significant inflows, boosting market confidence and raising questions about future trends. Despite the recent surge in the price of Bitcoin (BTC), its largest holders, known as ‘whales,’ have not cashed in on their gains. Instead,…
Amid the recent spectacular performance from Dogecoin, market watchers share their views on how long it will take for DOGE to break into the unit price range. In a recent post on X, Crypto Yapper, a notable technical analyst, shared his short-term price prediction for trendy crypto assets like Dogecoin. According to Yapper, Dogecoin could…
Este artículo también está disponible en español. The Cardano blockchain has witnessed a surge in trading activity over the past few weeks, with price data relaying this trend. Cardano’s price increase in the past 30 days has been more than impressive, with its price doubling within this period. At the time of writing, the ADA…
After a significant price drop, the token entered a consolidation phase Market sentiment turned increasingly bearish, with many traders actively selling NEIRO Over the past week, NEIRO has faced a tough time, with its valued dropping by 13.73% on the charts. And yet, it soon recovered with a 1.33% uptick, with the altcoin trading within…
Home » Journal » This Metric Shows How Ripple (XRP) Price Could See Its Next 13x Price Surge Ripple’s XRP has been a subject of interest in the crypto space following its unfamiliar rally, which started about two weeks ago. Analysts have been employing various indicators…
The Kraken cryptocurrency exchange has added a slew of new margin collateral currencies, according to a Wednesday announcement. The list of new additions includes such altcoins as Ripple-affiliated XRP and Dogecoin (DOGE). With the most recent additions, Kraken has almost doubled the selection of available cryptocurrencies. As reported by U.Today, the major U.S. exchange added…
The company that first started researching artificial intelligence over a decade ago may be poised to sit atop the entire industry. Indeed, as Meta (META) looks to lead the AI arms race, is buying on the tech stock becoming a no-brainer? The data shows that it could be poised for a massive year in 2025….
In a time in which blockchain innovation interacts with social problems, DWF Labs has announced that they would be providing a grant of $500,000 to $BARSIK, a project that is focused on the welfare of cats. This announcement has aroused a lot of curiosity. On November 19, the prominent Web3 corporation made the announcement that they will…
According to Eric Balchunas, the launch of the Bitcoin ETF in the United States was the most successful ETF launch in history. Source link
Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence subsidiary named Yuma. According to a press release on Nov. 20, Yuma will focus on investing in and incubating startups and projects leveraging the decentralized network Bittensor (TAO). Barry Silbert, DCG’s founder and CEO, will also serve as Yuma’s…
The Cardano price has surged more than 8% to an intraday high of $0.837. This bullish momentum is supported by a combination of rising on-chain activity and technical indicators pointing to further potential gains. On-chain data reveals that ADA’s daily trading volume has hit a seven-month high of $52.26 billion, while whale transactions have reached…
The Reserve Bank of India (RBI) is adopting a cautious approach to the nationwide rollout of its Central Bank Digital Currency (CBDC), the e-rupee, prioritizing financial stability and a thorough understanding of its potential impacts. Deputy Governor T. Rabi Sankar emphasized that the bank is “in no hurry to roll it out immediately,” indicating a…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s been two weeks since the US presidential election outcome that sent BTC to new highs and spurred some of the latest bullish happenings. Let’s review what’s occurred in crypto land since Donald Trump’s political victory. Starting with the crypto price…
Since MicroStrategy announced the sale of its convertible senior notes on November 18 to acquire more Bitcoin, the company’s stocks have surged by nearly 40%. This has pushed MicroStrategy among the top 100 publicly listed businesses in the US market, overtaking Intel and Dell. The firm used the funds from this sale to acquire $4.6…
Nvidia Corp (NVDA) reported record-breaking third-quarter revenue and earnings for fiscal 2025, exceeding Wall Street expectations on the back of surging demand for artificial intelligence chips. Despite the strong performance, shares dipped more than 2% in after-hours trading, reflecting investor caution over valuation and tempered guidance. The chipmaker posted revenue of $35.08 billion for the…
In one of the many controversial cases involving the church and AI, a Switzerland church introduced an AI Jesus to take on confessions from Catholic worshippers. This comes as AI technology has been touted as a game changer with the ability to optimize operations, despite fears the tech will replace humans in the job market….
Coinbase listing FLOKI on November 21 could boost liquidity and market interest. Technical analysis suggests a 30% price surge if FLOKI breaks consolidation levels. On-chain data shows increased transaction volume, signalling a potential bullish trend. The announcement that Coinbase will list FLOKI, a dog-themed meme coin, on the Ethereum network has sparked widespread attention. FLOKI,…
According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain grapevine suggests…
The Trump transition team is considering pro-crypto lawyer Teresa Goody Guillén as a potential SEC chair candidate, according to reports. Guillén is currently a partner at BakerHostetler and co-lead of its blockchain team. Last week, Gary Gensler released a statement that suggested he was leaving the agency, and the debate over his replacement has heated…
Acurx Pharmaceuticals announced plans to allocate up to $1 million worth of Bitcoin for its treasury reserves in a strategic move to embrace BTC as a store of value. The decision approved today by the company’s board of directors aligns with a growing trend among companies seeking alternative financial strategies amid Bitcoin’s rise as a…
Ripple‘s partner, Archax, has made headlines by incorporating funds from State Street, Fidelity International, and Legal & General Investment Management (LGIM) into its tokenized real-world asset offerings. This development is set to initially launch on the XRP Ledger (XRPL), Hedera, and Arbitrum networks, leading to a notable increase in XRP’s price, which rose by 4%…
As cryptocurrency prices soar and analysts predict substantial increases for established tokens like XRP, attention is shifting to new contenders with the potential for even greater rewards. The market buzzes with excitement as investors seek out fresh opportunities that could deliver impressive returns amid the bullish momentum. One emerging token capturing interest is XYZVerse, a…
November 21, 2024 at 01:23 AM GST updated: November 20, 2024 at 11:13 PM 3 mins read News Cardano’s Alonzo hard fork enabled smart contracts, driving its application in agriculture, education, and anti-counterfeiting solutions. PEPE capitalized on meme culture, achieving a $1.6 billion market cap and fostering a dynamic, community-driven cryptocurrency movement. Stellar enables fast,…
Dogen (DOGEN) is rapidly emerging as a standout in the cryptocurrency world. Predictions suggest it may soon reach the $5 milestone. This potential surge positions DOGEN ahead of notable cryptocurrencies like XRP and Shiba Inu (SHIB). The growing momentum behind DOGEN is drawing significant attention, hinting at its possible ascendancy in the digital asset arena….
Dogecoin’s price movement is consistently noting positive growth, and its future outlook appears quite optimistic. According to analyst Ali Martinez, Dogecoin ($DOGE) is on its way to a parabolic bull run influenced by the activity of both retail and institutional investors. Ali states that the price trajectory of Dogecoin is looking like a historic breakout,…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Yao Qian, the former head of China’s Central Bank Digital Currency (CBDC) Institute, has been expelled from the Chinese Communist Party for alleged corruption related to crypto. According to the announcement, China’s top anti-corruption agency revealed several accusations involving breaking rules and laws. Yao Qian Abused His Power Yao…
MicroStrategy (MSTR) just knocked it out of the park, becoming the most traded stock in the United States today. With $18.6 billion in trading volume, it’s outshining Tesla (TSLA) and Nvidia (NVDA), two giants that practically own the trading floors. This hasn’t happened in a while. Why now? Michael Saylor’s Bitcoin obsession is driving investors…
Key Points Bitcoin is predicted to outperform altcoins as the BTC/ALT ratio hits historical levels. Bitcoin’s exchange reserves continue to decrease, indicating a possible market shift towards the cryptocurrency. Bitcoin’s prominence in the market has grown significantly over the past month, drawing attention from both retail and institutional investors. This increased interest has resulted in…
Leading exchange-traded product issuer 21Shares AG has rebranded its Ethereum product to include staking services for investors. 21Shares AG announced today that it has upgraded its European-traded Ethereum Core ETP. The asset manager called its new version the Ethereum Core Staking ETP, providing fund holders with staking functions. With the update, holders of the Ethereum…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
Journalist Posted: November 21, 2024 Rumble’s share soared 9% as the firm mulled adopting a BTC strategy. Over 90% of X users supported the proposal, but will it sail through? Rumble, the video streaming platform and Twitch competitor, saw a 9% upswing in its share, RUM, on Tuesday during U.S. market hours. The rally followed…
Home » Journal » Traders Predict $2 for Monsta Mash ($MASH), While XLM & LINK Eye a Surge! The crypto market is driven by speculative gains and bold predictions of specific coins’s potential to shoot up. This week XLM, LINK, and $MASH are some of those…
Introduced in June 2021, NOW Wallet, a multi-currency wallet application for 50+ blockchains, is an integral part of ChangeNOW’s NOW ecosystem. Image by NOW Wallet NOW Wallet offers a one-stop solution for buying crypto with fiat, staking PoS coins, cross-chain exchange, NFTs management, and B2B crypto integration. Where security meets accessibility: What to know about NOW…
FTX co-founder Gary Wang was sentenced to no prison time by a judge Wednesday, following his cooperation with prosecutors. Wang helped the prosecution’s case against Sam Bankman-Fried, testifying in one of the biggest cases of fraud in US history. Wang served as FTX’s chief technology officer during its peak. Judge Lewis A. Kaplan, who is…
Yao Qian abused his power to support cryptocurrency companies in exchange for bribes, impacting China’s crypto regulation. His fall from grace could further tighten China’s crackdown on private cryptocurrencies while pushing forward the digital yuan. Yao Qian, once a key figure in China’s digital currency efforts, was removed from the Communist Party and his government…
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute. Source link
President Donald Trump and his team inched closer to assembling a crypto council as promised to the digital industry and a new office at the White House. Trump’s transition team is evaluating candidates to lead a first-of-its-kind crypto office in the White House, which would focus exclusively on digital asset policies in the United States….
Crypto venture capital firm Digital Currency Group (DCG) is looking to promote the development of Bittensor (TAO), a decentralized Artificial Intelligence (AI) protocol. The firm aims to achieve this goal through Yuma Group. This outfit will join its list of subsidiaries, including Grayscale Investments. The Major Bittensor Catch As the companies announced, Yuma is dedicated…
South Korea’s financial watchdog has doubled its restrictive stance toward crypto, rejecting the launch of exchange-traded funds (ETFs) that track companies linked to digital assets. Local media reported on Nov. 20 the Financial Supervisory Service (FSS), citing policies rooted in a 2017 government directive, has barred asset managers from introducing ETFs focused on firms like Coinbase. This…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s a high-stakes day for tech stocks as the grand finale to earnings season looms: Nvidia’s third quarter report, set to drop today after the bell. As the world’s largest public company by market cap, Nvidia has been the definitive winner…