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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/
🚀 Bitcoin Surge to Near Five-Month High Sparks Pre-Market Crypto Stock Rally
Crypto stocks got a boost in Tuesday’s pre-market session as Bitcoin spiked past $70,000 — a level the asset hasn’t reached since June.
🚀 Bitcoin Eyes New ATH as Bitfinex Analysts Predict 'Perfect Storm' Above $71K
Bitfinex analysts suggest a "perfect storm" that could push Bitcoin to a new all-time high in the coming weeks as BTC surges above $71,000.
👨⚖️ DOJ Charges AurumXchange Operator in Silk Road Money Laundering Scheme
The DOJ has charged Maximiliano Pilipis, the operator of crypto exchange AurumXchange with money laundering related to Silk Road transactions.
🗽 Ripple's Chris Larsen Sees Kamala Harris as Path to Correcting Biden’s ‘Failed’ Crypto Approach
Ripple co-founder Chris Larsen said he trusts Kamala Harris to lead on US crypto reform and correct the Joe Biden admin’s “failed” approach.
📍Alchemy Pay To Launch Scalable Layer-1 Blockchain for Payments
Alchemy Pay, a crypto payment provider, is launching Alchemy Chain, a new Layer-1 blockchain built on the Solana Virtual Machine.
📰 Community-Driven Initiatives Attract Web3 Developers To Ensure Growth
Educational initiatives seek to increase web3 developer growth as the ecosystem struggles to find talent.
🇮🇩Over 60% of Young Indonesians Invest in Crypto: Report
Over 60% of Indonesia’s crypto investors are under 30. With a strong youth presence, could digital assets reshape Indonesia’s investment landscape?
🌍 BIS-Led Project ‘Mandala’ Enables Automated Compliant Cross-Border Transactions
The Bank for International Settlements has collaborated with several central banks on the Mandala project to demonstrate regulatory compliance in cross-border transactions.
⛓️ Is Ethereum in Trouble After Uniswap, Its Cash Cow, Exits?
Popular DeFi protocol Uniswap is moving to its own blockchain, called Unichain. This decision could significantly divert value and activity from the Ethereum network.
📰Bitmain Denies Involvement in TSMC-Huawei Supply Chain Probe
Bitmain clarifies it has no role in TSMC's Huawei supply chain investigation, reaffirming focus on crypto mining tech.
🧐 Meme Coin News: Sotheby’s VP Calls BAN Manipulation Accusations 'False' and Defamatory', Goats and Baby Hippos Flying High
This week in meme coin news:
📍Sotheby’s VP Michael Bouhanna denied Lookonchain's accusations that he made $1M via manipulation with BAN meme coin.
📍GOAT and MOODENG surge on Binance listing news.
2. SmarDex Token (SDEX/WETH) 🔒
🔹 24h Price Change: +16,364%
🔹 Current Price: $1.2193
🔹 Analysis: SDEX’s strong surge suggests that investors are showing renewed interest, likely due to its emphasis on smart contracts or decentralized exchange features. This upward movement might be spurred by developments or partnerships within the DeFi space, where innovative functionalities can attract strong market responses.
🔹 Strategic Insight: Research any recent protocol upgrades or DeFi integrations that may have catalyzed this spike. As with most DeFi tokens, adoption and utility are key to sustaining growth, so track any announcements that may enhance the platform’s value proposition.
🔹 Trade Wisely: Tokens in DeFi can experience significant volatility, so keep an eye on community sentiment and project updates to manage risk.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
💼 FTX and Bybit End Legal Battle with $228 Million Settlement
FTX and Bybit have reached a $228 million settlement! This deal could help FTX recover crucial assets for its creditors.
🎮Quantix Capital Will Invest $1M to Support Tezos Gaming Projects
Quantix Capital is partnering with TZ APAC, a prominent adoption hub for the Tezos blockchain to support gaming on the Tezos platform.
📊 Cryptocurrency price check 📊
🔹 BTC: $67,735 + 1.21%
🔹 ETH: $2,488 + 0.81%
🔹 BNB: $587 + 0.74%
🔹 XRP: $0.51 + 0.12%
🔹 ADA: $0.33 - 2.15%
📊 Cryptocurrency price check 📊
🔹 BTC: $71,317 + 5.81%
🔹 ETH: $2,618 + 5.14%
🔹 BNB: $607 + 3.34%
🔹 XRP: $0.52 + 1.88%
🔹 ADA: $0.34 + 3.63%
🇭🇰 Hong Kong’s ZA Bank Launches Pilot for Crypto Trading Services
Hong Kong’s largest virtual lender ZA Bank kicked off a new crypto trading pilot, looking to streamline trades for retail investors.
🤝 Stablecoin Issuer Circle Signs MoU with Hong Kong Telecom for Customer Loyalty Solutions
Circle, HKT have signed an MoU to explore enhanced customer loyalty solutions on Web3.
🇺🇸 Matthew Sigel Predicts Bullish Setup for Bitcoin as U.S. Election Looms
VanEck’s Matthew Sigel connects Bitcoin’s rise to election-driven shifts and money supply, noting a potential post-election catalyst.
🗳️ Robinhood Introduces 2024 Election Bets for Harris and Trump, Pledges Political Neutrality
Robinhood is stepping into the election betting arena, allowing users to wager on the 2024 presidential race between Trump and Harris!
🚨 Solana's Phantom Wallet Experiences Technical Difficulties During GRASS Airdrop
Phantom Wallet is facing downtime during the highly anticipated GRASS airdrop, causing some users to see inaccurate balances.
🚜 Ethena Labs Accused of Misusing 180M Tokens in New Crypto-Farming Event
Ethena Labs is facing allegations of misusing 180 million Ethena tokens (ENA) during a recent crypto-farming event.
🚀 Hong Kong’s Ethereum-Based Stablecoin HKDR to Launch on HashKey Exchange
RD Technologies is launching the HKDR stablecoin on HashKey Exchange, offering a 1:1 peg to the HKD for seamless digital transactions!
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💰 Digital Asset Inflows YTD Reach $27 Billion, Nearly Tripling 2021 Record
Digital asset investment products have seen $27 billion in inflows YTD, nearly three times the previous record of $10.5 billion set in 2021.
3. DJT4700 ($DJT4700/WETH) ⚡️
🔹 24h Price Change: +3,023%
🔹 Current Price: $0.00007305
🔹 Analysis: DJT4700’s 3,000% increase may be part of a meme token wave, potentially driven by community interest or social media-driven hype. These tokens often appeal to meme-token traders due to their low price point and potential for short-term gains.
🔹 Strategic Insight: Check social media and community channels to gauge the sentiment and engagement surrounding DJT4700. Meme tokens with active communities can see strong momentum, but they are often subject to rapid swings.
🔹 Trade Wisely: Exercise caution, as meme tokens can experience dramatic ups and downs. Monitor liquidity and trading volumes to assess 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. iLLM (iLLM/WETH) ⚡️
🔹 24h Price Change: +101,469%
🔹 Current Price: $0.03555
🔹 Analysis: iLLM’s explosive rise of over 100,000% indicates substantial speculative demand. Such sharp gains typically reflect heightened interest, potentially from social media-driven attention, recent listing on an exchange, or new project features.
🔹 Strategic Insight: Look for recent announcements or social media buzz that may have fueled this surge. This scale of growth often captures short-term traders, so check for liquidity and trading volume patterns to gauge sustainability.
🔹 Trade Wisely: Be cautious of potential corrections as high-percentage gains often lead to volatility. Consider setting alerts and watching market sentiment closely.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🏛️ Bolivian Bank Banco Bisa Launches USDT Custody, Enabling Crypto Transactions
Bolivian bank Banco Bisa has introduced a custody service for Tether’s USDT stablecoin.
👾 Strengthening Resilience, Collaboration, Education is key to Combat Scams: Binance APAC Exec
Binance APAC executive has highlighted ways to combat cybercrime and crypto scams.
🌐 Hong Kong Bourse to Offer Benchmark Indices for Bitcoin, Ethereum in Asia
Hong Kong bourse operator HKEX is rolling out benchmark indices for Bitcoin and Ethereum on Nov. 15, supporting Asia’s growing crypto landscape.