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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/
📣 dYdX Sees Convergence of CeFi and DeFi and Plans to Launch 'dYdX Unlimited'
Charles d'Haussy CEO dYdX Foundation told Cryptonews he sees a convergence in centralized exchanges (CEXs) and decentralized exchanges (DEXs) and noted that only 5% of perpetuals are currently traded on-chain.
2. Computer Assisted Biologically (CABAL/WETH) ⚡️
🔹 24h Price Change: +16,975%
🔹 Current Price: $0.006904
🔹 Analysis: CABAL’s growth suggests a combination of tech and biotech appeal, a niche that attracts speculative and thematic traders. This token may be experiencing early interest that could taper if not backed by continuous volume.
🔹 Strategic Insight: Stay tuned for any relevant announcements or partnerships that could indicate sustained interest or development in the token’s concept.
🔹 Trade Wisely: Gains of this magnitude can be volatile, especially if driven by hype rather than tangible progress or use cases.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚨 Teenager Accused of Using Crypto to Support Al Qaeda
A 16-year-old from East London is accused of using cryptocurrency to fund Al Qaeda, allegedly raising $1,300 and offering cybersecurity skills to extremist groups.
🚨 ID Fraudsters Launch Automated Mega-Attacks on Crypto Companies, Abandoning Payments Sector
The increase in law enforcement intervention, among other factors, has pushed ID fraudsters toward crypto markets.
📈 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.*
3. Star Dogs (STARS/WETH) ⚡️
🔹 24h Price Change: +14,152%
🔹 Current Price: $0.0004094
🔹 Analysis: Star Dogs’ price surge could be attributed to niche appeal or a potential meme status among crypto communities. With a lower market cap, meme tokens like this are highly reactive to social trends.
🔹 Strategic Insight: Monitor online forums and social media for mentions of Star Dogs; increased engagement can signal short-term growth.
🔹 Trade Wisely: Low-value tokens can fluctuate wildly, so it’s important to keep an eye on liquidity and ensure responsible trading.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Donarudo Torunp (TORUNP/WETH) 💸
🔹 24h Price Change: +64,014%
🔹 Current Price: $0.073701
🔹 Analysis: Donarudo Torunp’s massive 64,000% gain likely reflects a meme-driven interest surge, fueled by novelty and speculative trading in the market. With such rapid increases, this token is riding a wave of heightened curiosity or viral appeal.
🔹 Strategic Insight: Watch community engagement and trading volume closely; such high returns often accompany a speculative bubble.
🔹 Trade Wisely: High gains often precede significant corrections, so consider setting exit strategies and manage your risk accordingly.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
💰 Coinbase Commits $25M to Fairshake in Push for Pro-Crypto Candidates for 2026 Midterms
Coinbase has announced a $25 million donation to Fairshake, aiming to bolster support for pro-crypto candidates in 2026 midterm elections.
📊 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.*