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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/
📈 NFT Sales Climb 18% in October, Breaking Seven-Month Decline on Solana
The NFT market bounced back in October with an 18% increase in sales volume, reversing a seven-month downward trend.
📱 Huawei Integrates Digital Yuan in HarmonyOS NEXT, Reaching Up to 1 Billion Users
Huawei is incorporating China's digital yuan, a central bank digital currency (CBDC), into its HarmonyOS NEXT operating system.
👨⚖️ US Justice Department Pursues Return of $13M in Political Contributions Linked to FTX
The Justice Department is actively seeking the return of up to $13.25 million in political contributions linked to former FTX executives.
🚀 XRP ETF Hopes Rise: 21Shares Files for SEC Approval
21Shares has filed for SEC approval for its XRP ETF, the 21Shares Core XRP Trust.
📈 TON Foundation Launches Society DAO to Drive Decentralized Governance
The TON Foundation introduces Society DAO to enhance decentralized governance, allowing community to participate in core governance.
📈 Institutional Investments in Solana DApps Reach $173M in Q3, Up 54% From Previous Quarter
Institutional investment in Solana-based blockchain applications rebounded in the third quarter of 2024, reaching $173 million.
🇺🇸 Former U.S. President Donald Trump Marks Bitcoin's Anniversary, Slams Kamala Harris
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🇦🇪 Tether to Launch Its Dirham-Pegged Stablecoin on TON Blockchain
Tether is launching its Dirham-pegged stablecoin on TON Blockchain, according to Alessandro Giori, senior strategic partnership manager at Tether.
🚀 Kraken Appoints Former Dapper Labs CFO, Stephanie Lemmerman
Kraken has appointed Stephanie Lemmerman, former CFO of Dapper Labs, as their new CFO.
2. FUNGUY (FNGY/WETH) 🚀
🔹 24h Price Change: +17,122%
🔹 Current Price: $0.0002250
🔹 Analysis: FUNGUY’s explosive growth may indicate recent viral attention or speculative trading on a low-cost token. Meme tokens like this can spike quickly with strong online community engagement, which may not be sustainable long-term.
🔹 Strategic Insight: Look out for community-driven activity or listings on popular exchanges that could extend its growth. Such tokens can experience rapid reversals, so timing is key.
🔹 Trade Wisely: Volatility is likely, so consider taking a gradual profit approach if holding, or proceed cautiously with new entries.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 16, breaking down the latest crypto headlines.
Don’t miss out — tune in now ✨
🚀 Coinbase Expands Staff Headcount in Q3, Reaching Highest Levels in Almost 2 Years
Coinbase hit its biggest workforce size in almost two years in Q3, hinting at a potential recovery in crypto hiring after 2022’s turmoil.
💸 500 BTC Moved From Mt. Gox-Linked Address: Arkham Data
Mt. Gox has moved 500 Bitcoins worth $35.04 million to several unknown addresses.
💰 Tether Reports Strong Q3 with $2.5B Profit, US Treasury Holdings Top $100B
Stablecoin issuer Tether said its Q3 profits hit $2.5B, lifting 2024 earnings to $7.7B and driving USDT circulation close to $120B.
👾Crypto ‘Market Maker’ Gotbit Founder Faces Wire Fraud Charges
Gotbit founder was involved in “a wide-ranging conspiracy” to manipulate crypto markets on behalf of client companies.
🗳️ Trump Courts Crypto Voters with Big Promises, But Will He Deliver?
Trump has made headlines with pledges to protect Bitcoin mining rights, prevent the development of a Central Bank Digital Currency (CBDC).
🇺🇸 Opinion: Why Crypto Must Be a Top Priority for Democratic Leadership
As elections approach, crypto’s potential as a tool for economic justice can't be ignored. Should Democratic leaders seize this moment?
🌟 BitGo Hires Former Silvergate President to Head Stablecoin Business
BitGo has appointed Ben Reynolds, ex-president of Silvergate Bank, to lead its USD Standard stablecoin initiative.
🚀 Financial Services Firm Strive Adds Bitcoin to Portfolios with New Wealth Management Service
Strive Asset Management, a financial services firm with $1.7 billion in assets, will integrate Bitcoin into its wealth management offerings.
📊 Turkish Investors Favor Cryptocurrencies Over Real Estate and Stocks: Survey Shows
Turkish investors are increasingly favoring cryptocurrencies over traditional assets like real estate and stocks.
"5% of Single-Issue Crypto US Voters is More Than the Margin of Victory" - Paradigm
⚖️ 5% of polled US crypto owners identify as single-issue crypto voters, the latest Paradigm report found.
🇨🇭UBS Asset Management Debuts Tokenized Money Market Fund on Ethereum
UBS Asset Management debuts the uMINT tokenized fund on Ethereum, seeking to meet institutional demand for secure, blockchain-based cash management solutions.
🤳 Privado ID (ex-Polygon ID) Reveals ‘First’ Multi-Chain, Multi-Device Verification, Works with Deutsche Bank, HSBC
The new protocol enables users to verify their identity only once and reuse it across any EVM-compatible chain.
3. Chop (CHOP/WETH) ⚡️
🔹 24h Price Change: +6,299%
🔹 Current Price: $0.066355
🔹 Analysis: CHOP’s strong price surge suggests a possible uptick in investor interest, potentially tied to social media influence or themed campaigns. The rapid rise reflects speculative trading, but it could maintain momentum if it gains traction within specific investor circles.
🔹 Strategic Insight: Monitor online mentions and community forums; strong engagement could fuel further gains. However, substantial increases in value could also result in profit-taking soon.
🔹 Trade Wisely: Like other rapidly gaining tokens, CHOP could be volatile, so exercise caution and be mindful of quick market shifts.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Meter Governance (eMTRG/WETH)💰
🔹 24h Price Change: -8.16%
🔹 Current Price: $0.2508
🔹 Analysis: eMTRG's recent decline could indicate a market correction following previous gains, or a shift in focus toward other tokens. This governance token might be facing selling pressure due to short-term traders locking in profits.
🔹 Strategic Insight: Consider monitoring eMTRG's long-term potential and any upcoming project developments. Price declines can signal buying opportunities if the fundamentals remain solid.
🔹 Trade Wisely: Watch for stable support levels before considering entry, as continued declines could indicate deeper selling sentiment.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
💵 Paxos Launches USDG Stablecoin in Singapore Compliant to Regulatory Framework
Paxos has launched the USDG stablecoin in Singapore, fully compliant with local regulations and backed by DBS Bank.
⛓️TON Telegram Wallet to Launch Major Updates Adding Self-Custodial Option
At The Gateway event in Dubai today, TON announced an update to its Telegram-integrated crypo Wallet, with numerous new features highlighting a shift in user accessibility.
📊 Cryptocurrency price check 📊
🔹 BTC: $69,356 - 4.18%
🔹 ETH: $2,500 - 5.97%
🔹 BNB: $578 - 2.36%
🔹 XRP: $0.51 - 1.26%
🔹 ADA: $0.33 - 5.09%
🚨 Immutable Hit with SEC Wells Notice for Alleged Securities Law Violations
Blockchain gaming platform Immutable faces SEC scrutiny after receiving a Wells notice alleging potential securities violations.
🚀 Crypto.com Expands US Offerings with Watchdog Capital Acquisition
Crypto.com is expanding its U.S. offerings by acquiring Watchdog Capital, enabling equity and options trading alongside crypto!