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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/
✅ German Fintech 21X Gains EU Approval for Tokenization Platform Under DLT Pilot Regime
German fintech company 21X has received regulatory approval to launch a tokenization platform, becoming one of the first firms to do so.
🚨 November Phishing Scams Cost 9.2K Victims Over $9M: Report
According to a report by ScamSniffer, November saw over 9,200 victims fall prey to phishing scams, losing a staggering $9.38 million!
🚫 Cambodia Blocks Access to Binance, Coinbase, and OKX in Crypto Market Crackdown
Cambodia has blocked access to 16 cryptocurrency exchange websites, including major platforms like Binance, Coinbase, and OKX.
🔎 SEC Elevates Deputy Crypto Lead to Chief Litigation Counsel Position
The SEC promotes Jorge Tenreiro, ex-acting head of crypto oversight, to chief litigation counsel, hinting at sustained crypto enforcement amid political shifts.
🚫 Coinbase CEO Promises to Cut Ties With Law Firms Linked to Biden Admin’s ‘Bad’ Actors
Coinbase CEO Brian Armstrong warns Coinbase will cut ties with law firms hiring officials involved in Biden admin’s "bad deeds.”
🔋 Parody Of Enron Relaunch Makes Waves On Social Media
A parodic relaunch of Kenneth Lay's Enron Corporation Mentioned incorporating decentralized technology into the company's future.
🚀 Genius Group Boosts Bitcoin Holdings to 172 BTC with $1.8M Purchase
Genius Group has increased its Bitcoin holdings to 172 BTC with a $1.8 million purchase! This move supports their ambitious "Bitcoin-first" strategy.
🚨 New podcast with Steven Goldfeder, CEO of Offchain Labs
In this conversation, Matt and Steven discuss:
- The founding story of Arbitrum
- Building a decentralized future for the internet
- Future of Layer 2 Solutions
🔊 https://loom.ly/1PZprY8
🗣️ CZ Comments on Biden’s Pardon Decision: “Wouldn’t Mind a Pardon”
Binance's Changpeng Zhao (CZ) weighs in on President Biden’s controversial pardon. What’s next for the Binance co-founder in the cryptocurrency space?
📈Metaplanet to Offer Bitcoin in Its Shareholders Reward Program
Japanese investment firm Metaplanet has launched a Bitcoin reward program offering 30M yen in prizes for eligible shareholders. Those holding 100+ shares are eligible for the lottery.
🚀 WisdomTree Files an S-1 Registration with SEC for XRP ETF
WisdomTree has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot XRP ETF.
🇺🇸 Coinbase Exec Predicts Stablecoin Regulations by 2025 After Trump Win
Coinbase's Chief Policy Officer Faryar Shirzad predicts swift stablecoin regulations under a Trump presidency by 2025, thanks to a pro-crypto Congress.
3. 0xBID AI (0xBID/WETH) ⚡️
🔹 24h Price Change: +1,652%
🔹 Current Price: $0.008993
🔹 Analysis: 0xBID’s rise, though smaller in percentage compared to others, reflects steady speculative interest in AI-linked tokens. Its association with AI could be driving sentiment, a hot trend in crypto markets.
🔹 Strategic Insight: If 0xBID can position itself as a utility-driven AI asset or release updates emphasizing use cases, it could enjoy continued growth. AI-focused narratives remain highly influential.
🔹 Trade Wisely: The slower growth here suggests less volatility but does not eliminate risk. Look for solid indicators like partnerships or integration to determine its mid-term potential.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Mao on Eth (MAO/WETH) ⚡️
🔹 24h Price Change: +6,205%
🔹 Current Price: $0.002419
🔹 Analysis: MAO’s substantial surge reflects speculative interest or potential news driving attention. The rise is notable, but with no significant underlying information, it’s likely driven by short-term momentum.
🔹 Strategic Insight: This token could retain momentum if it leverages community support or announces project updates. However, the lack of clarity on utility raises red flags for sustainability.
🔹 Trade Wisely: Exercise caution as rapid growth without a clear catalyst may lead to sharp corrections. Monitor trading volume and sentiment closely.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📈 XRP Trading Volume Hits $3.7 Billion on South Korean Exchange Upbit, 10x More Than Bitcoin
Trading volumes of XRP tokens against Korean won hit $3.7 billion on the South Korean crypto exchange Upbit in the last 24 hours as the token flipped USDT in market cap.
🤝 Yuga Labs Acquires Tech Team of Web3 Tokenization Firm Tokenproof
Yuga Labs, the blockchain giant behind the Bored Ape Yacht Club (BAYC) NFTs, has acquired the technology team of Tokenproof.
📊 Cryptocurrency price check 📊
🔹 BTC: $95,654 - 0.71%
🔹 ETH: $3,632 - 1.34%
🔹 BNB: $653 + 0.55%
🔹 XRP: $2.62 + 7.52%
🔹 ADA: $1.28 + 11.01%
🇳🇴 Crypto Firms in Norway’s Wealth Fund Portfolio Face Ethics Probe
Norway’s wealth fund ethics probe to target crypto firms and other holdings in 2025, possibly leading to divestment.
🚀 Sonic Labs Prepares for Public Launch of Sonic Blockchain Following Genesis Milestone
Sonic Labs has announced the impending public launch of its layer-1 blockchain, Sonic, following the completion of its Genesis milestone.
📰
Bitcoin Dip Fuels Institutional Appetite: Can Today’s Huge Buys Push the Price to $100K in December?
Bitcoin price dips have triggered a wave of institutional buying. MicroStrategy, MARA, Metaplanet, and Genius Group add to their BTC holdings.
👟Nike-Owned RTFKT Announces to Cease Web3 Operations
Nike-owned web3 studio RTFKT will close by January 2025 with its final release, the MNLTH X featuring the BLADE DROP, set for December.
💶 ECB Releases Second Progress Report on Digital Euro Project
🇪🇺 The ECB has released its second progress report on the digital euro, outlining key developments for a unified digital payment system.
👨⚖️ DOGE Head Vivek Ramaswamy Says 'Drastic' Reduction Coming To Federal Regulations
DOGE head Vivek Ramaswamy says "drastic" regulatory reduction is coming under Donald Trump thanks to two recent Supreme Court rulings.
📈 MicroStrategy Continues Bitcoin Buying Spree with Another $1.5 Billion Purchase
This latest purchase, worth $1.5 billion, brings the company's total Bitcoin holdings to over 402,000.
💰 MARA Holdings to Raise An Additional $805M for Bitcoin Purchases and Debt Repayment
MARA Holdings plans to raise $805 million to boost its Bitcoin reserves and manage debt through convertible senior notes.
🇨🇳China's Digital Yuan Still Encounters Challenges in Adoption: Report
China's digital yuan, the country's central bank digital currency (CBDC), is facing significant hurdles in gaining widespread adoption.
📈 Crypto Spot Trading Volume Surges to $2.71 Trillion in November, Doubling October's Numbers
November saw a resurgence in crypto trading, with monthly spot trading volumes soaring to $2.71 trillion, the highest level since May 2021.
2. PolySync (PSYNC/WETH) ⚡️
🔹 24h Price Change: +2,341%
🔹 Current Price: $0.002662
🔹 Analysis: PolySync's more measured rise suggests growing investor interest, possibly due to its association with Ethereum scaling or interoperability narratives. However, its growth is still speculative without clearer project details.
🔹 Strategic Insight: If PSYNC ties itself to relevant blockchain narratives like cross-chain functionality, it could sustain attention. Community growth and project transparency will be key drivers.
🔹 Trade Wisely: While its rise is less volatile, it’s still risky. Ensure to track updates or partnerships that could justify further interest.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👨🏻💻 Clipper DEX Says Withdrawal Vulnerability Led to $450K Hack, Denies Private Key Leak
Clipper has revealed that a vulnerability in its withdrawal function enabled a $450,000 hack, refuting claims of a private key leak.
📊 Cryptocurrency price check 📊
🔹 BTC: $96,777 + 0.33%
🔹 ETH: $3,701 + 0.29%
🔹 BNB: $653 + 0.45%
🔹 XRP: $2.44 + 29.88%
🔹 ADA: $1.16 + 9.97%