Crypto news

The entire cryptocurrency market is in the green today, but some are doing better than others. Ripple’s native token, for example, has charted a noteworthy 10% daily surge and sits above $0.6. However, it has lost its position as the 7th-largest cryptocurrency by market cap to Dogecoin, which has risen to another multi-year high. The past 24 hours have only solidified the overall bullish trend that started after Donald Trump’s victory in the 2024 US presidential elections....

[PRESS RELEASE – Midland, Cayman Islands, November 10th, 2024] Suirum, the latest meme-themed sensation on the SUI blockchain, is thrilled to announce the upcoming launch of its $SUIR token on Cetus Protocol, following a presale that has raised over 67,000 $SUI, with a few hours left before the pre sale concludes. Suirum is the first meme coin on the SUI blockchain. Unlike typical meme coins driven solely by hype, Suirum aims to bring innovation, community engagement, and...

Although crypto investors are still on the sidelines due to the just-concluded United States presidential elections, CryptoQuant analysts say Bitcoin is showing strong fundamentals and follows a bullish pattern seen in previous U.S. elections. According to a weekly report, one positive fundamental from a valuation perspective is that BTC is currently fairly valued and not overvalued. This means that a positive catalyst stemming from the elections could trigger a major rally...

After surging by more than 15% within a week, as well as breaking its March all-time high and charting several news ones, the latest at almost $80,000, bitcoin has become the focus of massive price predictions once again. While some come from questionable and unknown analysts and sources, one of the original bull cases – the stock-to-flow model developed by PlanB – indicates a rather impressive price of $500,000 per BTC as the asset seems “ready to take off” now. After the...

It feels like a bull cycle once again as bitcoin’s price continues to chart new all-time highs almost daily, with the latest coming hours ago at just shy of $80,000. The altseason seems to be kicking off as well, with multiple alternative coins registering double-digit price surges over the past day. BTC’s New and Latest Peak It’s safe to say that the cryptocurrency landscape has become entirely different after Donald Trump’s win in the 2024 US presidential elections. Recall...

Die Vorstellung eines Bitcoin-Preises von 100’000 Dollar ist nicht mehr nur ein Fantasiegebilde der Kryptogemeinde, sondern auch eine realistische Möglichkeit, die bereits einige Experten und Investoren in Erwägung ziehen. Ein so hoher Bitcoin-Preis würde weitreichende Auswirkungen auf zahlreiche Branchen und Unternehmen haben, die auf verschiedene Weise von der Wertsteigerung der digitalen Währung profitieren könnten. Insbesondere Unternehmen, die bereits stark mit der...

Crypto market maker and liquidity provider Wintermute has proposed a fee switch framework for the Ethena protocol. The main objective behind this move is to establish revenue alignment with sENA token holders and clarify Ethena’s protocol revenue structure. Wintermute’s Fee Switch Proposal According to Wintermute, sENA holders – those who have staked their Ethena tokens – do not benefit directly from Ethena’s revenue growth despite the protocol’s success with the USD-pegged...

Gary Wang, the co-founder of the now-bankrupt cryptocurrency exchange FTX, is seeking to avoid prison time as he awaits sentencing scheduled for November 20 in Manhattan federal court. He has asked a federal judge to consider his cooperation in the fraud trial against his long-time friend and former FTX CEO, Sam Bankman-Fried, also known as SBF. Cooperation and Lesser Role in Fraud According to a Bloomberg report citing his sentencing memo filed on Wednesday, Wang’s attorney,...

In the first FOMC meeting after the November US presidential elections, the nation’s central bank cut the interest rates by 25 basis points, which was what the market and experts anticipated. Bitcoin’s price, which is typically very susceptible to US-related news, was already at all-time high levels of just shy of $77,000 and remained relatively still. It has been a big week for the world’s largest economy as the nation elected a new president on Tuesday, who presents an...

[PRESS RELEASE – New York, New York, November 7th, 2024] Bitcoin L2 Labs, a new organization focused on advancing Stacks core development and Bitcoin L2 adoption, announced its official launch today. The team aims to lead the next stage of Stacks protocol development and foster innovation within the Bitcoin ecosystem, building on the recent launch of the Nakamoto upgrade. Key highlights of the announcement include: Bitcoin L2 Labs will take a leading role in Stacks Core...