Crypto Account Manager

 

A co-founder of blockchain-based ride hailing believes the United Arab Emirates (UAE)’s crypto momentum won’t be significantly impacted by a new Donald Trump administration. Co-Founder Says ‘UAE Is Not Just a Fallback Option’ A new Donald Trump administration may create a more favorable crypto environment, but Firdosh Sheikh, co-founder of DRIFE, doubts any U.S. policy […] source https://news.bitcoin.com/us-crypto-policy-under-trump-unlikely-to-slow-uae-momentum-says-drife-co-founder/

Cardano founder Charles Hoskinson envisions a glowing trajectory for bitcoin, predicting the top cryptocurrency could soar to $250,000–$500,000 per coin within the next 12 to 24 months. Bitcoin’s Bright Future: Cardano Creator Sees Six-Figure Milestone Ahead Charles Hoskinson, a prominent entrepreneur and mathematician, is renowned for co-founding Ethereum and creating Cardano. Earlier this week, during […] source https://news.bitcoin.com/charles-hoskinson-predicts-bitcoin-could-hit-500k-in-2-years-likening-it-to-gold-for-the-internet/

Last month, the amount of ether locked in liquid staking platforms surpassed 14 million, but over the past 33 days, it dipped by 230,000 ether to 13.85 million. Rocket Pool Hit Hard: Massive Outflows Highlight Liquid Staking Shakeup Liquid staking, a favored decentralized finance (defi) method, has protocols holding the largest total value in defi […] source https://news.bitcoin.com/ether-exodus-liquid-staking-platforms-lose-230000-eth-in-33-days/

XRP has witnessed an impressive surge, climbing 16.4% in the last 24 hours to reach $1.72. This rally positions XRP as the fifth-largest cryptocurrency by market capitalization, with bullish trends evident across all timeframes. XRP On the daily chart, XRP exhibits a robust uptrend, having risen from $0.50 to $1.72 in a parabolic movement this […] source https://news.bitcoin.com/xrp-rockets-towards-2-as-bullish-momentum-surges/

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 […] source https://news.bitcoin.com/aeon-introduces-authorization-payments-transforming-everyday-transactions-with-ton/

Bitcoin’s price surge toward $100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin’s Rally Reveals a Record $2 Billion in Daily Profits As bitcoin (BTC) prices edge closer to six figures, long-term holders are actively redistributing their holdings. […] source https://news.bitcoin.com/since-september-507000-btc-sold-by-long-term-holders-glassnode-data-reveals/

The Russian ruble weakened after the U.S. imposed new sanctions on Russian banks. Europe Reduces Reliance on Russian Gas The Russian ruble fell to its lowest level since March 2022 after the U.S. imposed sanctions on 50 Russian banks, further disrupting the inflow of foreign currency into the country. On Nov. 27, the ruble-dollar exchange […] source https://news.bitcoin.com/ruble-plunges-to-new-2024-low-after-us-imposes-sanctions-targeting-russian-banks/

Gold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third of the country’s reserves, could be key in sidestepping the current trade difficulties originated by economic sanctions. “While it’s unclear how much of a role gold plays in Russia’s […] source https://news.bitcoin.com/analysts-gold-transactions-fuel-russian-shadow-trading-payments/

On November 28, 2024, during the festive spirit of Thanksgiving, Eric He, LBank’s community angel officer and risk control adviser, announced on social media that LBank has officially reached 15 million registered users, and shared the thanksgiving for users’ support. Meanwhile, the LBank’s Gratitude Week is in full swing, inviting users to share their personal […] source https://news.bitcoin.com/lbank-reaches-15-million-users-achieving-new-milestone-in-global-crypto-exchange/

Thanksgiving is a fascinating period for bitcoin (BTC), often showcasing wild price swings and headline-grabbing moments. Feast or Famine in 2024? Bitcoin’s Thanksgiving History Leaves Investors Guessing Over the last five years, bitcoin’s holiday behavior has piqued the curiosity of investors and analysts. From dramatic tumbles to meteoric climbs, Thanksgiving has consistently spotlighted the currency’s […] source https://news.bitcoin.com/bitcoins-thanksgiving-drama-5-years-of-crashes-comebacks-and-chaos/

The $1 million innovation fund is anchored in the ACT Innovation Hub, an initiative dedicated to nurturing distinct artificial intelligence (AI) meme ideas. Innovation Fund for AI Memes The ACT I community known for its work at the intersection of AI and digital creativity has unveiled a $1 million innovation fund to support AI-powered meme […] source https://news.bitcoin.com/act-i-launches-1-million-innovation-fund-for-ai-meme-projects/

Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2. This initiative allows holders of STRK tokens to stake their assets, either as validators or delegators, thereby […] source https://news.bitcoin.com/starknet-unveils-phase-1-of-staking-initiative-paving-the-way-for-decentralization-on-ethereum-layer-2/

Recent analysis from the Office of Financial Research (OFR) reveals that increased household exposure to cryptocurrency is reshaping financial behaviors, particularly in debt accumulation. OFR Report Reveals the Growing Influence of Crypto Assets on Household Debt Between 2020 and 2021, the proportion of U.S. households reporting taxable cryptocurrency events tripled. This growth highlights the intersection […] source https://news.bitcoin.com/from-pennies-to-properties-the-untold-story-of-cryptos-impact-on-homeownership/

Crypto casinos are revolutionizing the gambling industry by offering a seamless, secure, and anonymous gaming experience powered by blockchain technology. The growing adoption of cryptocurrencies, valued for their quick transactions, strong security, and exceptional privacy, has been a key factor in their rising popularity. Among the growing number of platforms, Rakebit Casino stands out as […] source https://news.bitcoin.com/unlock-the-future-of-gaming-with-rakebit-casino-a-new-frontier-in-crypto-entertainment/

The tokenization of real-world assets is growing at a rapid pace with assets exceeding a combined value of $13 billion. Interest in Tokenized U.S. Treasury Market Heating Up The tokenized U.S. Treasury market has reached $2.5 billion in value, reflecting a rapid embrace of blockchain technologies for digitizing traditionally illiquid real-world assets (RWAs). This is […] source https://news.bitcoin.com/tokenized-us-treasury-market-hits-2-5-billion-with-real-world-assets-exceeding-13-billion/

At 1:30 p.m. Eastern Time on Monday, U.S. President-elect Donald Trump’s cryptocurrency portfolio is valued at $5.43 million. Despite the high market prices for crypto, this figure represents a noticeable dip compared to its worth in June. Crypto Commander-in-Chief Donald Trump is set to become the first U.S. President openly supportive of cryptocurrency, signaling a […] source https://news.bitcoin.com/ethereum-and-meme-coins-in-the-white-house-trumps-5-43m-crypto-portfolio-swells/

As bitcoin (BTC) trades under the $96,000 mark at 1 p.m. ET on Monday, prediction markets Kalshi and Polymarket reveal mixed expectations for the cryptocurrency’s potential to reach $100,000 within the coming months and throughout 2024. Analyzing $100K Betting Forecasts From Kalshi and Polymarket Kalshi and Polymarket, two prominent prediction platforms, highlight varied confidence levels […] source https://news.bitcoin.com/can-btc-hit-six-digits-exploring-bitcoins-100k-predictions-with-kalshi-and-polymarket-insights/

Bitcoin’s (BTC) recent rally faces a potential setback, with an analyst warning of a significant correction unless the cryptocurrency surpasses the critical $100,000 resistance level. TD Sequential Signals Correction On Nov. 12, 2024, an X trader known as Ali flagged a bearish pattern for bitcoin’s 12-hour chart, using the TD Sequential indicator to support the […] source https://news.bitcoin.com/bitcoin-correction-looms-as-analyst-predicts-drop-to-85600-without-100k-breakthrough/

The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from the foundation’s Protocol Security Research Team and the Ecosystem Funding Initiative, the Attackathon event will take place from Nov. 25, 2024, to Jan. 20, […] source https://news.bitcoin.com/ethereum-foundation-launches-attackathon-to-strengthen-protocol-security/

Social media reports suggest that Polymarket has blocked French users and warned against attempts to circumvent the block. According to one social media post, Polymarket now includes France-based users on its list of restricted users. Claims that Polymarket is now inaccessible to French users emerged a few weeks after the country’s gambling regulator reportedly said […] source https://news.bitcoin.com/french-users-reportedly-blocked-from-polymarket-predictions-market/

The recent bitcoin price hike that has driven exchange rates close to $100,000 per token has also fueled the demand for and prices of Bitcoin exchange-traded fund (ETF) shares in the Brazilian stock exchange. Hashdex, the first crypto ETF launched on B3, reached all-time highs, with a net asset value nearing $689 million. BITH11, an […] source https://news.bitcoin.com/bitcoin-etfs-set-new-records-in-brazil/

Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate outlook for December remains a toss-up. The odds of no […] source https://news.bitcoin.com/rate-cut-roulette-bettors-and-analysts-divided-on-feds-next-step/

Bitcoin races toward $100K, but meme coins still found a way to shine. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Last Week Bitcoin Hit $90K as Trump, Musk, and Meme Coins Shook up the Market Bitcoin […] source https://news.bitcoin.com/100k-is-a-hairsbreadth-away/

Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.81 […] source https://news.bitcoin.com/nft-fever-cools-ethereum-and-bitcoin-nft-sales-dive-amid-broader-crypto-growth/

Vaneck analysts Nathan Frankovitz and Matthew Sigel believe bitcoin’s price surge to record highs reflects a transformative moment for the digital asset, with a potential cycle target of $180,000 driven by favorable U.S. regulatory developments. Bitcoin Rallies on Regulatory Optimism, Vaneck Predicts More All-Time Highs According to Vaneck‘s mid-November analysis, bitcoin’s recent price spike highlights […] source https://news.bitcoin.com/vaneck-analysts-forecast-bitcoins-path-to-180000-amid-regulatory-shift/

Stablecoins and staking services will be covered by the regulations which will provide clarity for the crypto sector in the United Kingdom. UK Looking to Attract Crypto Companies The United Kingdom (U.K.) plans to share a legislative framework to regulate the cryptocurrency industry early next year, as the U.K. attempts to keep up with crypto […] source https://news.bitcoin.com/united-kingdom-to-introduce-regulation-for-crypto-in-2025/

Microstrategy shares have jumped 171% in just six months, drawing both admiration and skepticism. While MSTR stock trades at a premium, critics and short-sellers argue the company is deep in bubble territory. MSTR Rally Sparks Skepticism, Renowned Shorter Say Stock Is ‘Overheated’ Bitcoin’s meteoric rise has turned out to be a windfall for Microstrategy (Nasdaq: […] source https://news.bitcoin.com/shorters-pile-in-on-mstr-citron-research-warns-microstrategys-bull-run-could-burst/

Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot bitcoin, effective Dec. 2. The new offering seeks to enhance access to cryptocurrency derivatives for investors. New Bitcoin Options to Launch on Cboe Platform According to the announcement, the new product will be exclusively traded on the Cboe Options […] source https://news.bitcoin.com/first-cash-settled-bitcoin-options-to-debut-on-cboe/

Donald Trump’s victory signaled a vital shift in crypto sentiment, moving from cynicism to a defiant belief in the growth of cryptocurrencies in the U.S. Crypto to Witness Massive Gains Under Trump Presidency Bybit, a cryptocurrency exchange, and Blocks Scholes published their latest institutional report with key takeaways from the U.S. election and the crypto […] source https://news.bitcoin.com/bybit-and-block-scholes-report-hail-donald-trump-as-americas-crypto-president/

The cryptocurrency market is experiencing a sharp rise in altcoin prices following the U.S. presidential election, fueled by expectations of a pro-crypto administration, according to Cryptoquant’s latest analysis. Report Highlights Altcoin Price Spikes Amid Hopes of Pro-Crypto U.S. Leadership Cryptoquant analysts report that layer one (L1) cryptocurrencies have surged significantly, with notable increases observed in […] source https://news.bitcoin.com/cryptoquant-report-record-breaking-activity-propels-altcoins-to-new-heights/

Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven computing. Core Scientific’s Denton Campus to Host $6.1 Billion AI Project Core Scientific’s (Nasdaq: CORZ) revised lease agreements and power […] source https://news.bitcoin.com/from-bitcoin-to-ai-core-scientifics-6-1-billion-denton-transformation/

On Thursday, bitcoin (BTC) hit $98,367 per coin before sliding to $96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight as bitcoin’s price ascends. Glassnode’s latest […] source https://news.bitcoin.com/dormant-bitcoin-whale-awakens-500-btc-moved-after-8-years-5-7m-sent-to-gemini/

Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison. Crypto Whistleblower or Accomplice? FTX’s Gary Wang Avoids Prison Reuters further reports that U.S. District Judge Lewis Kaplan in Manhattan acknowledged Gary Wang’s […] source https://news.bitcoin.com/cowardly-path-leads-to-redemption-former-ftx-exec-gary-wang-skates-on-prison-sentence/

Between the overwhelming mass of options and every other token claiming to be the next Bitcoin, it can be hard to know where to turn. The good news is that there are several sources of information for new tokens to invest in, some of which are as follows: New Exchange Listings Crypto exchanges are one […] source https://news.bitcoin.com/4-ways-to-find-new-tokens-to-invest-in-by-99bitcoins/

A young trader pulled off a pump-and-dump scheme on the coin called QUANT token, but the crypto community countered by rallying the token’s price. Trader Live Streams Token Dump A pump-and-dump coin created by an unidentified young trader saw its market capitalization continue to surge hours after he dumped his holdings on unsuspecting users. Although […] source https://news.bitcoin.com/gen-z-traders-30k-heist-backfires-as-crypto-community-rallies-token-to-56m-market-cap/

Bitcoin (BTC) shattered records on Tuesday, reaching an eye-popping $93,975—a new all-time high. Bitcoin Rallies to $93,975, Liquidating $44.4M in Shorts The top cryptocurrency gained 3.3% against the U.S. dollar in the past day and climbed 7.5% this week. With a towering market cap of $1.86 trillion, bitcoin continues to command attention in the ever-evolving […] source https://news.bitcoin.com/bitcoin-reaches-93975-setting-a-new-all-time-high/

On Tuesday, the San Francisco based crypto firm Coinbase announced that it would be delisting wrapped bitcoin (WBTC) on Dec. 19, 2024. Coinbase to Pulls Wrapped Bitcoin From Its Platform on Dec. 19 Coinbase plans to suspend trading of the bitcoin derivative token wrapped bitcoin (WBTC) next month, according to a post shared by the […] source https://news.bitcoin.com/coinbases-bold-move-bitcoin-derivative-token-wbtc-to-be-delisted-next-month/

Following U.S. President Joe Biden’s approval for Kyiv to fire long-range missiles into Russian territory, Ukraine reportedly targeted a Russian weapons depot. As chatter about World War III floods social media, bettors on Polymarket are placing wagers on whether a nuclear weapon will be detonated before the year ends. Biden’s Missile Green Light Sparks World […] source https://news.bitcoin.com/betting-on-armageddon-polymarket-users-wager-on-nuclear-detonation-in-2024/

The decrease of bitcoin’s supply on exchanges could lead to higher price volatility, market maturity, and increased influence from institutional investors. Bitcoin Investors Are Not Selling Anytime Soon Bitcoin has seen a significant decline in its supply on cryptocurrency exchanges, reaching its lowest level since November 2018. This trend indicates that investors are increasingly opting […] source https://news.bitcoin.com/bitcoin-on-exchanges-hits-lowest-level-since-november-2018/

Coinshares reported that digital asset inflows reached $2.2 billion last week, pushing year-to-date inflows to a record $33.5 billion. Crypto Boom: Bitcoin Leads $2.2 Billion Weekly Inflows, Ethereum Surges Back The latest exchange-traded product (ETP) surge was analyzed in the latest report led by James Butterfill, Coinshares’ head of research. The data from the digital […] source https://news.bitcoin.com/coinshares-digital-asset-market-hits-unprecedented-138-billion-in-managed-funds/

Bybit has announced its commitment to assist communities affected by the catastrophic floods in Valencia and other regions of Spain, which have resulted in over 200 fatalities, thousands of displaced individuals, and extensive infrastructure damage. In partnership with the local non-profit organization Admundi, which focuses on improving the lives of impoverished children, Bybit is mobilizing […] source https://news.bitcoin.com/bybit-rallies-to-support-flood-stricken-communities-in-spain-a-commitment-to-recovery/

On Sunday, Nov. 17, bitcoin is holding steady above $90,000, a figure that it has flirted with multiple times since Nov. 12. The leading cryptocurrency, however, remains in the price discovery phase, having occupied this range for just 0.0691% of its entire existence. Price Discovery in Action: Bitcoin’s Dance Around $90,000 Five days ago, bitcoin […] source https://news.bitcoin.com/bitcoins-90k-era-a-fleeting-moment-or-the-start-of-a-new-chapter/

As of Nov. 11, 2024, bitcoin (BTC), the undisputed crypto heavyweight, has enjoyed a phenomenal year. Over the last ten months, it has been breaking records across the board. From hashrates to daily transaction peaks, price surges, and making an impact in non-fungible tokens (NFTs) and decentralized finance (defi), BTC has been on a non-stop […] source https://news.bitcoin.com/bitcoin-2024-ten-months-in-review-key-milestones-and-expert-predictions-for-year-end/

While bitcoin (BTC) is often heralded as the toughest digital asset in existence, it still has room to grow and adapt to better meet the needs of its network. Here’s a dive into three potential ways the world’s leading cryptocurrency could accelerate its game. Can Bitcoin Hold Its Throne? As of this writing, bitcoin (BTC) […] source https://news.bitcoin.com/3-challenges-to-bitcoins-crown-quantum-computing-scaling-and-grid-reliance/

Over the past 14 days since Nov. 2, an eye-popping $9.736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powerhouse in the crypto world, holding immense value and influence. Over the last two weeks, […] source https://news.bitcoin.com/a-9-7-billion-boom-in-14-days-stablecoin-market-eyes-historic-peak/

African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI Dilemma Some African University students have voiced concern over the growing adoption of artificial intelligence (AI) and its potential impact […] source https://news.bitcoin.com/rise-of-the-machines-african-students-fear-ai-will-steal-their-jobs/

A recent update of Phantom, the signature self-custody wallet for the Solana blockchain, logged a meme coin trader out of his account, causing him to lose $1 million. 0xFiyopi, the affected trader, stated that he lost access to these wallets because he did not save the associated seed phrase. Phantom Wallet Update Causes Losses for […] source https://news.bitcoin.com/phantom-wallet-update-leaves-trader-with-a-1-million-loss-lesson/

With crypto markets buzzing this week, non-fungible token (NFT) sales followed a similar trajectory, climbing an impressive 90.74% compared to the previous week. Ethereum and Bitcoin NFT Collections Fuel a $179M Weekly Bonanza From Nov. 9 to Nov. 16, NFT sales totaled $179.48 million, as reported by cryptoslam.io. Ethereum NFTs took the lead among 21 […] source https://news.bitcoin.com/digital-collectibles-explode-cryptopunks-soar-665-amid-179m-nft-market-surge/

Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $1.8 billion in allegedly fraudulent transfers. The following opinion editorial was written by Alex Forehand and Michael […] source https://news.bitcoin.com/ftx-targets-binance-and-cz-with-1-8-billion-clawback/

This evening at 8 p.m. ET, AT&T Stadium in Arlington, Texas, will host an electrifying boxing showdown: Mike Tyson, the legendary heavyweight, squares off against Jake Paul, the social media star turned professional fighter. Earlier in the day, Polymarket bettors are already placing their bets on the bout’s outcome. Paul vs. Tyson: Bettors Predict a […] source https://news.bitcoin.com/polymarket-turns-up-the-heat-millions-wagered-on-paul-vs-tyson-bout/