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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/
📰 Benefits Of Storing Election Data On Decentralized Databases
Industry experts explain the benefits associated with storing election data on decentralized servers versus centralized databases.
🚨 Chinese Man Sentenced to Life for Selling State Secrets for Crypto
A Chinese official has been sentenced to life in prison for selling state secrets for over 1 million yuan in crypto to cover investment losses.
📰 Bitcoin Surges to Record $77,200 – Can the Rally Hold or Is a Pullback Next?
Bitcoin hits a new all-time high of $77,200. Analysis warns of potential mass liquidations.
🇩🇪 Germany’s Bundesbank Joins Singapore’s Project Guardian for Financial Market Tokenization
Germany’s Bundesbank joins Singapore’s Project Guardian, partnering with the Ethereum Foundation to advance financial market tokenization.
🇺🇸Pro-Crypto Dave McCormick Wins Pennsylvania Senate Seat
Blockchain advocate Dave McCormick unseats Democratic incumbent Bob Casey, flipping Pennsylvania’s Senate seat red.
📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 17, breaking down the latest crypto headlines.
Don’t miss out — tune in now✨
🗝️ Opinion: Memecoins Are the Unexpected Key to Blockchain's Mass Adoption
Why are meme coins, often dismissed as jokes, potentially key to mass blockchain adoption? Could they simplify user engagement and make crypto relatable? Explore the idea in this op-ed.
🇳🇬 Nigerian Authorities Fine Two Crypto Firms $30,000
💸 Nigerian authorities have fined two crypto firms $30,000 for illegal USDT-to-Naira transactions!
3. SPACEX4200 (SPCX/WETH) ⚡️
🔹 24h Price Change: +10,789%
🔹 Current Price: $0.0009669
🔹 Analysis: SPCX’s growth indicates renewed enthusiasm, potentially tied to the appeal of space-related or tech-themed tokens. This can draw speculative interest but could be volatile.
🔹 Strategic Insight: Any references to SpaceX or tech-related events might bolster SPCX’s short-term appeal, but without official ties, volatility remains high.
🔹 Trade Wisely: A sub-cent price may attract high-volume trading, but the high volatility suggests setting clear stop-loss limits for risk management.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Ducky (DUCKY/WETH) ⚡️
🔹 24h Price Change: +39,063%
🔹 Current Price: $0.055070
🔹 Analysis: DUCKY’s impressive price surge indicates heightened speculative interest, potentially driven by a meme appeal or community engagement. This rapid rise suggests possible short-term volatility as new investors enter the market.
🔹 Strategic Insight: This momentum could signal continued gains if social media traction remains strong, so monitor mentions and community activity closely.
🔹 Trade Wisely: A high percentage increase like this often triggers short-term corrections, so set limits and monitor closely for any potential reversal.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🔚 Changpeng Zhao States He Has No Desire to Go Back to Being Binance CEO
Changpeng Zhao confirms he has no desire to reclaim the CEO role at Binance, citing a focus on new opportunities.
📊 Cryptocurrency price check 📊
🔹 BTC: $75,976 + 1.16%
🔹 ETH: $2,903 + 3.21%
🔹 BNB: $597 + 0.21%
🔹 XRP: $0.54 - 1.48%
🔹 ADA: $0.42 + 15.32%
🌆 US City Detroit to Accept Cryptos for Tax Payments Via PayPal
The City of Detroit will carry out crypto transactions through a “secure platform” managed by payments giant PayPal.
📈 BlackRock's Bitcoin ETF Sees Record $1 Billion Inflows after Two Days of Outflows
BlackRock, the world’s largest asset manager, has witnessed a record-breaking $1.1 billion in inflows into its spot Bitcoin ETF, IBIT.
😵🔪 Crypto Firm CEO Kidnapped, Freed After Paying $1 Million Ransom: Report
Dean Skurka, CEO of Toronto-based WonderFi Technologies, was reportedly abducted in downtown Toronto during rush hour on November 6.
🇺🇸 Coinbase CLO Paul Grewal: Trump’s Win Marks ‘Watershed Moment’ for Crypto Industry
Coinbase’s Chief Legal Officer @iampaulgrewal discusses the expected shift in U.S. crypto policy under Donald Trump’s second term.
🌍 Tether Completes First USDT-Based Crude Oil Transaction in Middle East
Tether has completed its first USDT-backed crude oil transaction in the Middle East, valued at $45 million.
📰 Bitcoin Surges to Record $77,200 – Can the Rally Hold or Is a Pullback Next?
Bitcoin hits a new all-time high of $77,200. Analysis warns of potential mass liquidations.
📊Ethereum Foundation Discloses $970M Treasury in 2024 Report, Spotlights Ecosystem Progress
Ethereum Foundation unveils a $970.2M treasury with 99% in ETH, showcasing long-term ecosystem growth plans
⚖️ California Permanently Revokes BlockFi’s Lending License Two Years After Bankruptcy
California permanently revokes BlockFi’s lending license, citing multiple regulatory breaches and consumer risks.
Evolving from ‘Common’ to ‘Secret Rare’: VeVe Unveils New Collecting Model ‘Evolvables’
🔥The new collecting model will allow collectors to shape their items' rarity by evolving them over time through burning.
Trump Wins – How High Will Crypto Prices Go?
🧐As Donald Trump reclaims the White House, experts comment on the potential impact of his US presidential election victory on the crypto industry, its future, and market, as well as regulations, taxes, and mining, among other sectors.
📊 Ether Eyes $3.2K Breakout Amid Positive ETF Inflows, Trump Victory Boosts Sentiment
Increased inflows into spot Ether ETFs suggest a breakout above $3,000, but derivative inflows raise volatility concerns.
2. Strategic Ethereum Reserve (SER/WETH) ⚡️
🔹 24h Price Change: +22,558%
🔹 Current Price: $0.008494
🔹 Analysis: SER’s steady gains reflect rising interest in Ethereum-focused reserve tokens, which might appeal to traders seeking exposure to Ethereum-related assets with meme potential.
🔹 Strategic Insight: SER’s theme could attract both short-term interest and possibly long-term holding sentiment, especially if it ties into the Ethereum ecosystem. Check for any new developments or community updates.
🔹 Trade Wisely: SER offers a lower entry price, which could attract more buyers, but its performance will likely hinge on ongoing sentiment in the Ethereum market.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
😎 Why the Hunt for Satoshi Nakamoto Isn't Helpful for Bitcoin
The true identity of Satoshi Nakamoto has been the subject of much speculation since Bitcoin emerged in 2009. Does it matter if he remains anonymous?
🇨🇭UBS Pilots Blockchain-Based Solution for Faster Cross-Border Payments
Swiss banking giant UBS has successfully tested its new blockchain-based payment system, UBS Digital Cash.
🐋 Whales Reject Proposal to Rebrand DeFi Protocol Sky to Maker
A governance proposal to rebrand Sky back to its original Maker name has been rejected in a vote influenced by a small number of whales.
🇮🇹 Italy’s Economy Minister Considers Revising 42% Crypto Tax Plan After Party Pushback
Italy’s economy minister signals a rethink on the proposed 42% crypto tax hike after pushback from within his party.
⛓️ Jack Dorsey’s Block Advances Bitcoin Mining Plans As Trump’s Crypto Policies Look Likely
Jack Dorsey-led Block shifts focus to its Bitcoin mining initiative as it cancels its Web5 project TBD and scales back investments in music-streaming platform Tidal.
🚨 Two Convicted in £1.5M UK Crypto Fraud Case
💰 Two men have been convicted in a £1.5M crypto fraud case, targeting unsuspecting investors with fake opportunities.