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Bitcoin Transaction Fees Outpace Ethereum, DeFi TVL Surges 11% in November: Binance
5.12.2023
Source: Iryna Budanova/Adobe The digital asset market recorded an 11% uptick last month with Solana (SOL) and Chainlink becoming the top-performing assets as decentralized finance (DeFi) volumes surge, a new report shows. A recent Binance Monthly Market Insight report shows a growth in the general...
South Africa’s Financial Regulator to Assess 36 Crypto Firms Seeking Licenses in December
4.12.2023
Source: Pexels South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA) is set to review the applications to 36 cryptocurrency companies seeking operational licenses in the country this month. According to a report published by local media sources, the regulator will...
Is Celestia Going to Zero? TIA Price Pulls Back 5% as Bitcoin Mining Project Reaches $4.7 Million
4.12.2023
Despite a strong month by the new modular blockchain Celestia, TIA token price has tumbled -5% in pull back from resistance, but could this TIA alternative play offer better returns? This comes following the announcement that the TIA blockchain will integrate a layer-2 solution known as...
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
3.12.2023
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners within the year. Bitcoin Mining Fees Soar...
Bitcoin Surpasses $39K, Achieving 19-Month Peak in Saturday’s Crypto Market Surge
2.12.2023
On Saturday, December 2, 2023, the cryptocurrency market exhibited a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. Notably, bitcoin achieved a peak of $39,705 within the day, marking its highest value since late April 2022. Crypto Economy Climbs Nearly 2%...
NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge
2.12.2023
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise...
Bitcoin Price Prediction as Total Crypto Market Cap Reaches $1.5 Trillion – Is $40,000 the Next Target for BTC?
2.12.2023
In the ever-evolving landscape of digital currencies, Bitcoin showcases a bullish stride, currently trading at $38,765 with a commendable increase of nearly 2% on Saturday. As December unfolds, the cryptocurrency market radiates optimism, with Bitcoin edging towards a 19-month peak, reflecting...
Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares
2.12.2023
Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday, the fund’s Bitcoin futures contracts reached a record $1.47 billion in value. That’s up from $1.1 billion...
Antpool Surpasses Foundry in Hashrate Battle, Claiming Top Spot in November’s Bitcoin Mining Race
1.12.2023
Over the past year, the mining pool titan Foundry USA has consistently led the network in terms of hashrate. However, this month, the bitcoin mining operation Antpool has edged ahead of Foundry, albeit marginally, in hashrate rankings. In November, out of the 4,436 blocks that were mined, Antpool...
IRS Deals Devastating Blow to FTX With $24 Billion Tax Claim, Crypto Exchange Pushes Back
1.12.2023
FTX has challenged the potentially fatal tax claims levied by the IRS last month for $24 billion. Image by Michael O’Keene, Adobe Stock. According to a November 30 filing by FTX debtors, the IRS tax claims of $24 billion filed in early November are “completely unsubstantiated”...
FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets
30.11.2023
Bankrupt cryptocurrency exchange FTX just has received approval from a bankruptcy court to sell its stakes in digital trusts managed by Grayscale Investments, according to a bankruptcy court document filed on Friday. This move is part of FTX’s strategic efforts to repay billions owed...
Best Crypto to Buy Now November 29 – Stacks, THORChain, Celestia
29.11.2023
Stacks, THORChain, and Celestia surge as investors look for the best crypto to buy now. Image by cryptonews.com. With a nearly 11% surge on yesterday’s close and a new 5-month high reached earlier today, the STX price has caught the market’s attention, establishing itself as one of...
BNB’s Tech Roadmap for Opbnb Targets 10,000 Transactions per Second
29.11.2023
In a six-month roadmap unveiled on Nov. 29, the BNB Chain development team said it is targeting 10,000 transactions per second and fees of $0.001 on the layer two (L2) solution Opbnb. Sometime between 2024’s second and third quarters, the objective will be to lower the gas limit per block...
Cristiano Ronaldo, MLB, and Mercedes F1 Hit with Litigation Relating to Binance, FTX
28.11.2023
Four recent class action lawsuits were filed against high-profile organizations and individuals for promoting the crypto exchanges, according to court documents filed in Miami on Monday. Cristiano Ronaldo, Major League Baseball, F1, and Mercedes-Benz and global advertising agency, Dentsu, are among...
Is It Too Late to Buy Toncoin? TON Price Spikes 18% as New Telegram Crypto Casino Launch Countdown Begins
28.11.2023
Leading Telegram-integrated blockchain The Open Network’s native Toncoin has seen a magnificent +18% spike in TON price, but is it too late to buy Toncoin? This comes as TON price reels from a -20% localized retracement move, triggered after pushing to 11-month highs back in early November....
ARK Invest Sells $5.26M Coinbase Shares as Price Hits 19-Month High
28.11.2023
The Ark Fintech Innovation ETF sold 43,956 COIN shares and bought $1.2 million worth of Robinhood stock
ARK offloads $5.2M in Coinbase stock amid 18-month high
28.11.2023
Cathie Wood’s ARK Invest has sold another 43,956 Coinbase shares as the stock hits an 18-month high at $119.7 per share
Coinbase shares hit 18-month high after Binance charges
28.11.2023
The price high comes after rival exchange Binance pleaded guilty and traders seemingly priced in Coinbase’s custodian agreements for a slate of spot crypto ETFs
Hong Kong Authorities Investigate $15.4 Million Scam on Hounax: Report
27.11.2023
Source: Pixabay Police in Hong Kong have begun investigating the crypto trading platform after more than 130 people said they had been scammed. South China Morning Post reported on Saturday that Hong Kong authorities had vowed to make arrests soon in light of reports of over $15.4 million being...
Square Enix’s NFT Game Symbiogenesis Sets Auction Dates, Launches December 21 – Here’s What You Need to Know
27.11.2023
Source: symbiogenesisPR / Twitter The Japanese gaming giant Square Enix has begun the character non-fungible token (NFT) auction for its game Symbiogenesis, less than a month before its launch. The official website shows the game is scheduled for launch on December 21. Once users log in to...