Crypto news

Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its crypto assets from Ethereum to Bitcoin. As per a November 29 filing, the company reported converting 14,200 ETH into approximately 515 BTC in an open-market deal worth more than $49 million. The Ethereum had been acquired at an average cost of $2,777 per ETH, totaling $39.45 million. Following the transaction, Boyaa now holds 3,183 BTC, with an...

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Despite bitcoin’s price turmoil over the past week, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the leading digital asset’s dominance is less likely to decline soon. Historical data shows that alternative cryptocurrencies (altcoins) have always rallied when BTC retraces and seen a decline in market dominance during bull cycles. Ju’s findings indicate that the altseason, where capital leaves BTC and flows into altcoins, may not be as...

It was a crazy week in the cryptocurrency industry, filled with a lot of volatility, a resurgance that the entire community was debating about, as well as the story of the underdog coming back at it. Let’s dive in. First, we have Bitcoin. Its price tried to breach $100K last weekend on numerous occasions, but it turned out that the sell wall there was just too big for the bulls to overcome. That ultimately took its toll, and the price crashed, reaching almost $90K during the...

Bitcoin (BTC) is still far from the overvalued levels that indicate the end of a bull cycle despite having rallied above $99,000 last week. According to on-chain data analyzed by CryptoQuant, the cryptocurrency can still surge past $100,000 to $146,000, the top target from a realized price valuation perspective. This perspective indicated the top price for BTC in previous cycles, including the rally witnessed in April-May 2021. No Signs of a Bitcoin Market Top Yet Bitcoin...

[PRESS RELEASE – Monaco City, Monaco, November 29th, 2024] Memereum, a blockchain platform focused on reshaping decentralized finance with blockchain-backed insurance and community-driven governance, has announced key milestones that highlight its significant growth and adoption. The Memereum community has surpassed 10,000 followers on X and achieved over 5,000 holders, highlighting its growing influence as one of the most promising projects in the crypto space. To further...

[PRESS RELEASE – Gibraltar, Gibraltar, November 29th, 2024] Hydration has announced the launch of its decentralized borrowing platform, the Hydration Money Market. The new platform allows users to supply cryptocurrency as collateral, earn interest on their deposits, and borrow various digital assets. Built on the Polkadot blockchain, the platform emphasizes efficiency and innovation in the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain prioritized...

[PRESS RELEASE – Sydney, Australia, December 2nd, 2024] On a November morning, when the clock struck 12:00 AM, a global movement took its first steps. Thousands of people laced up their sneakers, opened their STEPN and STEPN GO apps, and set out on a journey to unite the world —one step, one mile, one heartbeat at a time. November 23 was the day they set out to break not just one, but two GUINNESS WORLD RECORDS™ titles: one for the most users to complete a remote one-mile...

Ripple’s price has been rallying rapidly over the recent weeks, making its way toward a new all-time high. Yet, there are some warning signs that could lead to a correction soon. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has been surging aggressively since breaking above the 200-day moving average, located around the $0.55 mark. Both the $1 and $1.4 levels have also been broken to the upside, with the market approaching the $2...

Die Märkte haben gesprochen, und der Königsmacher-Handel in diesem Zyklus ist der Meme-Handel. Meme-Coins haben jeden Krypto-Sektor in der YTD-Performance um Längen übertroffen, und jeder weiß, dass sich der anfängliche Trend in den späteren Phasen eines Zyklus beschleunigt.  Investoren in Meme-Coins werden in diesem Zyklus abräumen, und die Renditen sind so, als hätten die Krypto-Götter den Layer-1- und NFT-Handel in einem einzigen Vehikel vereint. Händler verwandeln Hunderte in Millionen,...