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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/
🐋 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.
🚨 Fake Curve Finance App Returns to App Store
A fake app impersonating Curve Finance has returned to the Apple App Store, causing financial losses for unsuspecting users.
Bitfinity Network Launches Cross-Chain Integration of Bitcoin Runes to Expand DeFi
Bridging Bitcoin to DeFi, Bitfinity Network integration of Bitcoin Runes with Ethereum & ICP offers decentralized, non-custodial access to cross-chain liquidity.
🇺🇸 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.
🌆 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.
📰 France Considering Banning Polymarket: The Big Whale
France's National Gambling Authority is considering a ban on Polymarket after U.S. presidential election bets.
📈 Elon Musk, Changpeng Zhao, Coinbase's Brian Armstrong Add Billions to Net Worth Post-Trump Win
Elon Musk, Binance founder Changpeng Zhao and Coinbase’s Brian Armstrong ride Trump’s victory wave, adding billions to their net worth.
🇺🇸 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.