Market not seeing elevated inflows, but things might still get better

According to data from CoinGecko, the total stablecoin market capitalization is over $196 billion as of Nov. 29.

A widely followed crypto analyst thinks one Solana (SOL) challenger is gearing up for more rounds of upside bursts. Pseudonymous analyst Altcoin Sherpa tells his 232,200 followers on the social media platform X that Sei (SEI) looks bullish after breaking out of a rounding bottom pattern on the weekly chart. A rounding bottom formation is […]

America’s biggest banks are reporting a rapid increase in the number of substandard, doubtful and potentially loss-making loans on their balance sheets, according to a new report. The amount of money tied up in criticized loans, which show emerging signs of risk and weakness that could lead to defaults, just reached its highest level since […]

The publicly listed Bitcoin miner from Wall Street, MARA (NASDAQ: MARA), has acquired 6,474 Bitcoin through a $1 billion zero-interest convertible note offering, bringing its total holdings to 34,797 BTC. The company follows MicroStrategy’s debt-to-BTC strategy, signaling the growing institutional adoption of cryptocurrency treasury management. Wall Street Bitcoin Miner MARA Purchase More Bitcoins The company […]

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 […]

Cryptocurrency is a digital currency, an alternative form of payment created by using encryption algorithms. The use of these technologies means that …

TL;DR Algorand (ALGO) reached a two-year high after a 37% increase in the last 24 hours, bringing its value to $0.3999, the highest level since November 2022. ALGO’s TVL has grown by 26%, reaching $157.97 million, while open interest in futures has risen to its highest level since November 2022. Despite the overbought condition indicated […]

Dogecoin has just showed a Tom Demark (TD) Sequential sell signal, but an analyst has explained how the parabolic run could still continue for DOGE. Dogecoin Is Currently Showing A Pattern Similar To Previous Bull Runs In a new post on X, analyst Ali Martinez has discussed about a TD Sequential signal that has formed […]

Hyperliquid has distributed over 300 million HYPE tokens to eligible community members on Nov. 29.

The co-founders of the crypto analytics platform Glassnode believe that Bitcoin (BTC) may start heading higher after retracing to the low $90,000s based on one metric. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that Bitcoin’s correction may be over after long-term […]

Marathon Digital acquired 6,474 BTC in November, raising total holdings to 34,794 BTC valued at US$3.3B. The purchase was funded by a US$1B zero-interest convertible senior note, with US$160M reserved for future Bitcoin buys. Marathon’s strategy reflects confidence in Bitcoin but raises concerns about debt-fueled acquisitions amid potential market volatility. Marathon Digital Holdings (MARA), a […]

A proposal from Hong Kong’s Financial Services and the Treasury Bureau has suggested exempting cryptocurrency held by hedge funds, private equity funds and eligible family offices from capital gains tax. It’s part of a broader plan to attract investment to the city that would provide capital gains tax exemptions for multiple assets including overseas real […]

As Bitcoin regains momentum, many altcoins have recovered nicely in the past hours with Jup, which is now showing strength daily. It looks set for another buying phase following a 9% gain since yesterday.  During the last leg up, Jup and some Solana-based utility tokens didn’t see much gains compared to Ray which exploded significantly […]

Pump.fun has experienced a sharp drop in daily revenue after banning live streaming. Fake Suicide After experiencing steady growth since early November, the daily revenue of meme coin launching platform Pump.fun plummeted. Revenue dipped from a monthly high of $5.3 million on Nov. 24 to $3.6 million on Nov. 27. This sharp decline seemingly coincides […]

Roubini remains a Bitcoin naysayer despite the cryptocurrency’s record-shattering rally

XRP, Ripple’s cryptocurrency focused on global payment solutions, posted an extraordinary price rally, pushing its price to levels last seen in the 2021 crypto boom. At the time of writing, the token, now ranked 5th with a market capitalization of $96 billion, is trading for $1.7. The figure represents a 15% gain in the past […]

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 […]

Ranging from the first and largest cryptocurrency by market cap, Bitcoin, to the young emerging altcoin JetBolt—this list of top 10 cryptocurrency …

Coinbase CEO Brian Armstrong says Massachusetts Senator Elizabeth Warren and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler wanted to destroy the crypto industry. In a post on social media platform X, Armstrong says Warren and Gensler possibly broke the law in their attempt to decimate crypto. “Warren and Gensler tried to unlawfully kill […]

DeFi project 1inch takes a new approach to cross-chain transactions by removing the need for cross-chain bridges with the full release of Fusion+. DeFi (decentralized finance) platform 1inch has officially released Fusion+, an upgrade designed to simplify and secure cross-chain token swaps by eliminating reliance on traditional bridges and third parties. Now fully integrated into […]

Once a prominent player in the cryptocurrency lending space, Celsius Network has commenced its second round of distributions to creditors, amounting to $127 million. This follows the company’s prior efforts to distribute approximately $3 billion in crypto and fiat currency, initiated after a successful vote on its reorganization plan earlier this year. The latest distribution […]

Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.

London, united kingdom, November 29th, 2024, Chainwire As Bitcoin edges closer to the $100K milestone, the crypto market is preparing for a pivotal new cycle. Historically, BTC surges spark altcoin rallies, with liquidity eventually flowing into the memecoin sector. In this environment, projects with strong narratives and valuable utilities take center stage. Among them, Pepeto, the […]

TL;DR Polkadot 2.0 will be launched in Q1 2025, incorporating Elastic Scaling to improve the scalability and performance of the network. Elastic Scaling, currently being tested on Kusama, allows parallel chains to use multiple Cores to optimize system efficiency. The implementation of Elastic Scaling will position DOT as a leader in the blockchain industry, with […]

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Freysa, an AI tasked with protecting over AU $60k worth of cryptocurrency, has been cracked after nearly 500 attempts. The chatbot was developed with one fundamental truth – do not give up the money. The game was an interesting experiment to see if humans could break through coding barriers implemented into artificial intelligence. The key […]

Finding support after rolling back under the $0.2 level this week, TRX quickly bounced back and resumed buying at full speed following a 5% surge in the last 72 hours. The bulls appeared back in the market. Last week, TRX broke out to a new all-time high but had a temporal stopover at $0.224 in […]

PRESS RELEASE. AEON, a pioneering payment protocol, proudly announces its latest innovation: a revolutionary authorization payment feature built on the TON blockchain. By contributing to the TON ecosystem’s infrastructure, AEON enhances the usability of blockchain technology in everyday scenarios. The first real-world application of this innovation is in ShareX’s Telegram mini-app, where AEON simplifies the […]

Coinbase has announced that it will end USDC rewards for holders in the European Economic Area (EEA) starting December 1. This decision is in response to the new Markets in Crypto-Assets (MiCA) regulation, the exchange stated in a November 28 email to customers. Coinbase USDC Rewards End Qualified users will continue earning USDC rewards until […]

An ex-bank examiner and senior manager at the Federal Reserve Bank of Richmond (FRBR) could spend decades behind bars for using confidential information to trade shares of US banks. The U.S. Justice Department (DOJ) says former FRBR senior official Robert Brian Thompson has pleded guilty to one count of insider trading and one count of […]

The crypto analytics firm Santiment says Bitcoin (BTC) is likely heading higher if one key trend continues. According to Santiment, if the Mean Dollar Invested Age (MDIA) metric keeps declining, the chances are high for Bitcoin to start surging again. The MDIA metric is the average age of all tokens sitting on each wallet on […]