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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/
🇺🇸 How Accurate Was Polymarket During the US Election?
And powerfully illustrating how the wisdom of the masses isn't always a crystal ball into the future, Polymarket had one big miss.
🤔Donald Trump More Likely to Pardon Insurrectionists Than Silk Road Founder, Polymarket Bettors Predict
With Donald Trump’s inauguration countdown underway, Polymarket bettors predict he may pardon Capitol insurrectionists over Silk Road founder Ross Ulbricht.
🐳Dormant Ethereum Whale Reactivated After Eight Years, Makes $30 Million from Trading
Data from Lookonchain reveals that an Ethereum whale, dormant since 2016, made $30M from a massive ETH sale.
🇵🇱Poland Adds Crypto.com’s Operator to Financial Warning List – What's Going On?
Poland adds Crypto.com's operator to its financial warning list, citing concerns over unlicensed services as Europe tightens crypto oversight.
🤝 Magic Labs and Polygon Labs Reveal Chain Unification Network Newton, Connecting Wallet Solutions to AggLayer
Magic Labs partnered with Polygon Labs to reveal a wallet solution and cross-chain smart wallet for the AggLayer through Newton, a dedicated network for chain unification.
3. Strategic Bitcoin Reserve (SBR/WETH) ⚡️
🔹 24h Price Change: +8,041%
🔹 Current Price: $0.04011
🔹 Analysis: SBR’s price spike is notable and could suggest growing investor interest in assets linked to Bitcoin reserve themes. While not as explosive as FUG or MEH, SBR's performance indicates more measured growth, potentially drawing longer-term interest.
🔹 Strategic Insight: SBR may appeal to traders interested in Bitcoin-centric projects, so watch for announcements or partnerships that could add to its credibility.
🔹 Trade Wisely: With a more gradual growth, SBR may offer a balanced approach within this selection. Nonetheless, sharp changes in market sentiment can impact prices, so ensure strategic entry and exit points.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. FUG (FUG/WETH) ⚡️
🔹 24h Price Change: +82,048%
🔹 Current Price: $0.002484
🔹 Analysis: FUG’s substantial increase likely indicates a strong wave of speculative interest or community-driven hype. The sharp jump makes it a high-risk/high-reward opportunity, typical for emerging meme or community tokens.
🔹 Strategic Insight: Sudden interest could be tied to recent social media trends or a coordinated trading push, so monitoring its visibility online can help anticipate any shifts.
🔹 Trade Wisely: Such rapid growth often attracts profit-taking, so be mindful of high volatility. For short-term gains, keep stop-losses in place to manage risk.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🛒 Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard
The Avalanche Foundation has finalized the repurchase of 1.97 million AVAX tokens previously held by the Luna Foundation Guard (LFG).
⚖️ FTX Co-founder Gary Wang Pleads for No Prison Time
FTX co-founder Gary Wang is pleading for no prison time, emphasizing his cooperation with prosecutors and limited role in the fraud.
📈 Bitcoin Open Interest Hits Record High Amid $75,000 Rally, Analysts Bullish on Further Upside
Bitcoin's meteoric rise to $75,000 has propelled Open Interest (OI) to a record-breaking $45.41 billion, marking a 13.29% surge since November 5.
📊 Cryptocurrency price check 📊
🔹 BTC: $74,730 + 1.00%
🔹 ETH: $2,837 + 10.15%
🔹 BNB: $600 + 4.05%
🔹 XRP: $0.55 + 4.10%
🔹 ADA: $0.37 + 3.82%
⚖️ Mike Novogratz Points to ‘Crypto Mom’ Hester Pierce, Robinhood CLO as Potential SEC Chair Contenders
Galaxy Digital's Mike Novogratz points to “crypto mom” Hester Peirce and Robinhood CLO Dan Gallagher as potential SEC Chair contenders after Trump’s return to office.
💰 Senator Lummis Hints at U.S. Strategic Bitcoin Reserve, Echoing Trump’s Crypto Promises
🇺🇸 Senator Lummis hints at a U.S. Bitcoin Strategic Reserve to acquire 1 million BTC!
🚀 Bitcoin Miner Hut 8 Leverages New ASICs to Enhance Mining Efficiency
💪 Hut 8, a major Bitcoin mining operator in North America, have just acquired 31,145 BITMAIN Antminer S21+ ASIC machines to boost their Bitcoin mining efficiency by 66%.
🔗BNB Chain Launches New Tokenization Tool for Small Businesses
BNB Chain introduces a new tokenization tool for small businesses, allowing them to securely tokenize assets like real estate and shares on the blockchain. Supported by partnerships with Bitbond and InvestaX, this tool offers an accessible entry into the Web3 space.
🇺🇸 How Many Anti-Crypto Politicians Were Re-Elected?
Crypto will still face some staunch resistance in Washington DC — here's why.
🗳️How Blockchain Can Help Ensure Trustworthy Election Results
Blockchain voting is gaining traction globally, providing innovative solutions for secure, transparent elections as concerns about election integrity continue to rise. This technology may redefine the future of voting.
🇺🇸 Opinion: Trump Has Promised a Great Deal for Crypto – Now It’s Time to Walk the Talk
Trump's win has crypto markets surging, but will he deliver on his big promises? Read the op-ed for expert insights on what his presidency could mean for crypto’s future.
🚨 New podcast with Vugar Usi Zade, COO of Bitget
In this conversation, Matt and Vugar discuss:
- Canada was the first country to approve the spot Bitcoin and Ethereum ETFs
- The current state and future of cryptocurrency in Canada
- Educating Canadians on crypto
🔊https://loom.ly/leyS7uk
🚀 Hong Kong's HashKey Announces Native Token HSK Listing
The native token of HashKey Exchange (HSK) is launching soon. It is bridging traditional finance and digital assets with trading on November 26.
2. Meh (MEH/WETH) ⚡️
🔹 24h Price Change: +36,859%
🔹 Current Price: $0.001273
🔹 Analysis: MEH has achieved significant gains, though with a smaller percentage change than FUG, which may indicate more sustained interest rather than a single surge. Likely driven by a meme-focused community, MEH’s lower price could be appealing for traders looking to capitalize on its price swings.
🔹 Strategic Insight: Keep tabs on any ongoing community promotions or developments. As interest in such tokens can wane quickly, monitoring social sentiment is key.
🔹 Trade Wisely: MEH’s appeal lies in its low entry price, though the volatile nature means risk management is crucial, especially if the momentum shifts.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🤵 Mark Uyeda Might Lead the SEC Under Trump's Presidency, Lawyer Suggests
Mark Uyeda, a current SEC commissioner, is emerging as a strong contender to take the leadership of the SEC.
🤝 Boerse Stuttgart Digital Taps Fenergo to Improve KYC and AML Compliance
Boerse Stuttgart Digital, the digital asset brand of the Boerse Stuttgart exchange group, collaborated with Fenergo to simplify onboarding and KYC processes for financial institutions.
👨⚖️ SEC Moves to Dismiss Kraken's Defenses in Ongoing Legal Battle
The SEC has filed a motion in the Northern District Court of California to dismiss key defenses raised by Kraken in an ongoing legal dispute.
🇫🇷French Gambling Regulator Likely to Ban Polymarket: Report
The French National Gambling Authority, ANJ, would “prohibit access” to the Polymarket site in the near future.
🚀 US Spot Bitcoin ETFs Rebound with $622M Inflows, Breaking Three-Day Losing Streak
US spot Bitcoin ETFs saw a dramatic turnaround on November 6, drawing in approximately $622 million in net inflows.
🚨 Crypto Sentiment Gauge Reveals ‘Extreme Greed’ Following BTC's Record $76K Surge
A key indicator of crypto market sentiment flashed “Extreme Greed” on Thursday after Bitcoin topped $76K following Trump’s return.
📰 Billionaire Crypto Investor Mark Cuban Congratulates Donald Trump On Presidential Win
Mark Cuban has congratulated Donald Trump for defeating Democratic pick Kamala Harris in the 2024 U.S. presidential election.
🇺🇸 Trump Wins: 5 Key Crypto Moments from Election Night
Victory for prediction markets, disaster for meme coins and dramatic election results: here's why November 5 will go down in crypto history.
📢Coinbase CLO Paul Grewal Pushes for SEC Rulemaking After Historic Trump Win
Coinbase CLO Paul Grewal calls on the Gary Gensler-led SEC to 'initiate rulemaking' following Donald Trump's win on Wednesday.