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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/
📊 Cryptocurrency price check 📊
🔹 BTC: $72,315 + 0.15%
🔹 ETH: $2,655 + 0.55%
🔹 BNB: $592 - 1.72%
🔹 XRP: $0.52 - 0.76%
🔹 ADA: $0.35 - 0.43%
🚀 South Korea's Crypto Investor Base Surges to 7.78M in First Half of 2024, Marking a 21% Growth
South Korea’s cryptocurrency investor population has surged to new heights, reaching 7.78 million in the first half of 2024.
📉 Coinbase Stock Drops as Crypto Trading Slowdown Hits Q3 Earnings
Crypto exchange Coinbase's Q3 earnings miss the mark as trading activity slows, sending shares down 4.8% in after-hours trading.
🤝 Kraken Trims Workforce by 15%, Welcomes New Co-CEO
Crypto exchange Kraken on Wednesday announced its dual-CEO era begins with Arjun Sethi on board, and a reported 15% staff reduction underway.
📰 Celebrate Halloween In The Metaverse With Crypto Rewards and Costumes
Halloween in the Metaverse allows users from across the globe to celebrate the holiday, increasing user engagement.
📰 Investigation Connects MrBeast with 50+ Crypto Wallets Tied to Insider Trading Allegations
MrBeast is facing serious allegations of profiting over $10 million from crypto pump-and-dump schemes linked to more than 50 wallets.
⛏ Bitcoin Miners Dig Deep Amid Rising Costs in Q3 – CoinShares
CoinShares report reveals: Bitcoin miners face a tough road ahead as rising costs and tightening markets squeeze profits.
🤝Binance Names Jeff Li as New VP of Product During Binance Blockchain Week in Dubai
Jeff Li has joined Binance as Vice President of Product, announced at Binance Blockchain Week in Dubai. With experience from TikTok and Twitch, Li aims to drive Web3 solutions forward at Binance.
📈 Can Crypto Overcome Macro Headwinds? | Insights from Edward Zhao from Hex Trust
Edward Zhao from Hex Trust dives into how U.S. macroeconomic factors are shaping Bitcoin and Ethereum prices.
🤝 VanEck and Kiln Join Forces to Offer Regulated Solana Staking
VanEck and Kiln partner to offer regulated Solana staking, providing institutional investors with a secure way to earn staking rewards.
3. Doland Tremp (TREMP/WETH) ⚡️
🔹 24h Price Change: +17,580%
🔹 Current Price: $0.067051
🔹 Analysis: TREMP’s 17,580% increase shows that it’s part of a current trend in politically themed tokens. Such tokens often appeal to meme traders looking for quick gains, but their value may fluctuate based on temporary market interest.
🔹 Strategic Insight: Monitor online mentions and trading activity to see if TREMP maintains its momentum or if it was a short-lived spike. Political-themed tokens sometimes rally quickly but lack long-term stability.
🔹 Trade Wisely: High-percentage gains come with high risk; consider setting exit strategies to manage potential volatility.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Trump Vance 2024 (TRUMP VANCE/WETH) 🇺🇸
🔹 24h Price Change: +64,182%
🔹 Current Price: $0.084105
🔹 Analysis: Trump Vance 2024 has surged by over 64,000%, indicating strong speculative interest likely driven by its name’s relevance to current U.S. political themes. Such dramatic growth could reflect temporary attention rather than a long-term trend.
🔹 Strategic Insight: Social media activity, particularly around politically themed tokens, may be fueling this increase. Watch for community engagement or trending discussions that could drive further volatility.
🔹 Trade Wisely: These levels of gain are often followed by significant corrections. Closely monitor sentiment and liquidity, as political tokens can fluctuate rapidly based on news or market sentiment.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
✍️ Standard Chartered-Backed Libeara Set to Launch a US Treasuries Fund with FundBridge Capital
The strategic collaboration aims to provide a fully on-chain USD treasury solution, with Wellington Management as the new fund's sub-manager.
🚨 Thai Authorities Crack Down on $620K Crypto Fraud Ring
Thai authorities have cracked down on a $620K crypto fraud ring. Scammers lured victims through fake investment schemes across borders.
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📈 Bitcoin Spot ETFs See Historic Net Inflow of $893M, Second Only to March Record
Spot Bitcoin ETFs in the U.S. saw an impressive $893.21 million in net inflows on Wednesday, marking the second-highest total on record.
🚀 South Korea's Crypto Investor Base Surges to 7.78M in First Half of 2024, Marking a 21% Growth
South Korea’s cryptocurrency investor population has surged to new heights, reaching 7.78 million in the first half of 2024.
📉 Reddit Sold Most of Its Crypto in Q3, Missing Out on October’s Bitcoin Surge
Social media platform Reddit revealed it sold most of its crypto portfolio in Q3, calling it “immaterial,” then watches Bitcoin skyrocket in October.
⚖️ Breaking: Former FTX Executive Nishad Singh Receives Time-Served Sentence, Avoids Prison Time
Breaking: Former FTX executive Nishad Singh has received a time-served sentence, avoiding prison time after cooperating in the investigation of the exchange's fraudulent activities.
📈Trump Win Could Spark Altcoin Rally, Says Bitwise's Matt Hougan
Bitwise CIO Matt Hougan predicts a Trump victory could drive a surge in altcoin while Bitcoin could hit $100,000 in 2025.
📰 JPEX Fraud Case Sees Hong Kong Court Rule in Favor of Investors
Hong Kong court sides with investors in a landmark JPEX fraud case. The ruling orders the recovery of $238,000 in frozen assets.
📈MicroStrategy Expected to Flip to Profit in 2025: Bloomberg
Analysts suggest that updated accounting standards could turn MicroStrategy profitable next year, potentially flipping losses to profits.
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📜 Taiwan's Financial Regulator to Implement Crypto Exchange Registration System by Next Month
Taiwan’s Financial Supervisory Commission (FSC) is set to implement a registration system for cryptocurrency exchanges by November 30.
🧠 Nansen Partners with Layer-2 Platform Scroll to Boost Blockchain Ecosystem
Blockchain analytics platform Nansen partners with Scroll to provide real-time insights for sharper decisions on the network.
2. Donald Trump Caterpillar (DTC/WETH) ⚡️
🔹 24h Price Change: +60,727%
🔹 Current Price: $0.004998
🔹 Analysis: DTC’s 60,000% gain suggests that it’s attracting attention for its meme appeal. High-percentage gains like this often result from a surge in speculative trading, especially for tokens with novelty appeal.
🔹 Strategic Insight: Look for recent discussions or influencer mentions that may have sparked this growth. Meme tokens, particularly those with quirky names, can gather fast-paced interest but are often short-lived.
🔹 Trade Wisely: Be cautious, as novelty-driven tokens can experience sharp downturns. It’s advisable to monitor market depth and trading volume for signs of stability or emerging volatility.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🌍 Nairobi Securities Exchange (NSE) Partners with Hedera to Drive Tokenization in Kenya
The Nairobi Securities Exchange has partnered with Hedera to lead tokenization in Kenya, modernizing financial infrastructure and enabling secure trading of digital assets.
👀 DWF Labs Reveals Leadership Change After Firing Partner Over Drink-Spiking Allegation
DWF Labs appoints business partner Lingling Jiang to lead growth, a day after terminating founder partner Eugene Ng over alleged misconduct.
👾 Invasive Malware Campaign on Python Repository Target Crypto Wallet Data: Research
A new malware package masquerade as cryptocurrency trading tools to steal sensitive data and drain victims’ crypto wallets.
🛒 Synthetix Eyes Acquisition of Former Spin-Off Kwenta to Bolster DeFi Derivatives
DeFi protocol Synthetix is setting its sights on acquiring Kwenta, a derivatives exchange that emerged from Synthetix itself in 2020.