Ethereum (ETH) is back in the spotlight as its price has seen a significant surge, climbing to $3,711 as of 11:30 p.m. on November 30. This month’s 47.40% increase in the value of ETH seems to have sparked renewed interest in US-listed spot Ethereum ETFs, which until November had largely been overshadowed by spot Bitcoin ETFs.

Source: TradingView

As of the latest update, Ethereum’s market cap stands at a staggering $447 billion, making it the second-largest cryptocurrency by market capitalizat

Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.”

According to data from CoinGlass, there are now $23 billion worth of ETH futures open interest, suggesting a growing amount of positions are being created on the cryptocurrency as fresh capital flows into the market.

The influx of

London, united kingdom, November 29th, 2024, Chainwire

As Bitcoin edges closer to the $100K milestone, the crypto market is preparing for a pivotal new cycle. Historically, BTC surges spark altcoin rallies, with liquidity eventually flowing into the memecoin sector. In this environment, projects with strong narratives and valuable utilities take center stage. Among them, Pepeto, the God of Frogs, is emerging as a leading contender. Positioned as a hub for the adoption of next-generation memecoi

Gibraltar, Gibraltar, November 29th, 2024, Chainwire

Hydration has announced the launch of its decentralized borrowing platform, the Hydration Money Market. The new platform allows users to supply cryptocurrency as collateral, earn interest on their deposits, and borrow various digital assets.

Built on the Polkadot blockchain, the platform emphasizes efficiency and innovation in the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain prioritized liquidations, a mechanism desi

Bitcoin whales have been taking advantage of the flagship cryptocurrency’s recent price dip to keep on accumulating BTC after short-term holders moved nearly $4 billion in the cryptocurrency to exchanges.

According to CryptoQuant analyst Cauê Oliveira, Bitcoin whales took advantage of the “panic selling” to accumulate, with 16,000 BTC worth nearly $1.5 billion entered whale reserves in a single day after short-term holders’ sales.

In a post, the analyst noted that the figure was “reflected in

The total maount of transaction fees paid on the smart contract platform Cardano has recently hit its highest level in two and a half years, reaching levels that hadn’t been seen since March 2022 at 279,000 ADA.

According to data shared by pseudonymous cryptocurrency analyst “C_THUMBS” on the popular microblogging platform X (formerly known as Twitter), as the price of ADA topped the $1 mark, over 840,000 transactions on Cardano added up to 279,000 ADA in fees, worth around $300,000.

https://

New Dehli, India, November 28th, 2024, Chainwire

UnGraduate Gamer, a prominent Indian YouTuber with over 11M subscribers and nearly 2bn views, is set to launch the $UGG token. This meme coin aims to merge India’s rapid blockchain growth with the global popularity of meme coins, offering a novel approach to creator-driven crypto ventures.

India’s rise as a global leader for crypto adoption, positions it as an ideal launchpad for $UGG, driven by UnGraduate Gamer, one of the country’s prominent c

Disclaimer: This article is sponsored content and should not be considered as financial or investment advice. Always do your own research before making any financial decisions. The opinions expressed in this article are those of the author and do not necessarily reflect the views of CryptoGlobe.

The cryptocurrency community is abuzz with discussions about Lightchain Protocol AI, the revolutionary platform bridging the gap between artificial intelligence (AI) and blockchain. Over the past week,

XRP delivered an outstanding performance on Thanksgiving Day, 28 November 2024, surging by 9.4% to reach $1.60. This rally made XRP the top-performing cryptocurrency among the top 10 by market cap, far outpacing rivals like Bitcoin and Ethereum. Thanksgiving, typically a quiet trading day due to the U.S. holiday, saw muted activity for most cryptocurrencies, but XRP defied this trend with strong trading volumes of $8.983 billion. Over the past month, XRP has surged an extraordinary 206%, cementi

The meme-inspired cryptocurrency Shiba Inu has seen its daily burn rate soar last month by over 24,000% to 270.7 million tokens as the price of the cryptocurrency soared around 35.1% over the last 30 days.

According to data from Shiba Inu burn rate tracker Shibburn a total of 270.75 million SHIB tokens were burned over the last 24-hour period at a time in which the price of the cryptocurrency has been surging.

Shiba Inu’s burn rate. Source: Shibburn

Since the meme-inspired cryptocurrency was

Crypto hedge fund Pantera Capital has revealed in a new post that its Patnera Bitcoin Fund’s lifetime return has recently topped 131,000% net of fees and expenses after the price of the flagship cryptocurrency Bitcoin surged to near $100,000 after the US elections.

In the post, Pantera Capital’s CEO Dan Morehead shared an email forecasting back in July 2013, when Bitcoin was trading at $65, that the “bitcoin washout happened” and predicting the price of the cryptocurrency would surge over time.

Bitcoin remains steady at $95,700, just shy of its recent all-time high of $99,645.39 reached six days ago. Ethereum has gained 1.25% in the last 24 hours to trade at $3,566.36, while Solana has cooled to $235.92 after hitting its own peak of $263.21 five days ago. Despite these slight pullbacks, the cryptocurrency market has held its momentum, buoyed by strong sentiment, institutional inflows, and the growing decentralized finance (DeFi) sector.

The Crypto Fear and Greed Index reflects the mar

Hong Kong, Hong Kong, November 28th, 2024, Chainwire

Moongate has officially launched its native token, $MGT, marking a significant milestone in the company’s mission to reshape brand-consumer engagement and redefine the value of user attention.

Moongate is the first attention asset protocol for real-world activations. Launched in 2022, Moongate Protocol is actively utilized by over 3,800 brands and creators, including Binance, OKX, Token2049, EthDenver, Animoca, Wonderfruit, ComplexCon, and S

Tether, the issuer behind the world’s largest stablecoin, USDT, has announced its decision to discontinue support for its euro-backed stablecoin, EURT. The move reflects both shifting market dynamics and evolving regulatory conditions in the European Union.

Tether emphasized that community interest remains central to its decision-making process. The company stated that it continuously evaluates its product offerings to ensure they meet the needs of users while maintaining operational efficiency

Recently, Jason Les, the CEO of bitcoin mining firm Riot Platforms, joined Yahoo Finance’s Catalysts to share his thoughts on Bitcoin’s recent price action and the implications of the incoming Trump administration for the cryptocurrency industry.

Les began by addressing Bitcoin’s remarkable price movements since the election. While Bitcoin has experienced a brief pullback from its highs, Les emphasized that the broader market remains optimistic. He attributed much of this optimism to the regula

Long-term Bitcoin holders have realized $2.02 billion in daily profits, an unprecedented figure that highlights the intensity of profit-taking activity as the price of Bitcoin neared the $100,000 mark earlier this month.

According to a Glassnode report, the figures surpasses a previous record seen back in March of this year and a “robust demand side is required to fully absorb this supply overhand, which may require a period of re-accumulation to fully digest.”

Since September, long-term holde

A cryptocurrency trader has managed to turn just $160 into a $6.14 million fortune after securing a 38,399x return on a meme-inspired cryptocurrency on the Solana blockchain, having invested less than 1 SOL into it.

According to data from on-chain analytics firm Lookonchain, the cryptocurrency trader spent 0.75 SOL to buy 12.5 million $CHILLGUY tokens on the popular Pump.fun token launching platform. The trader then sold 2.8 million of these tokens for 149 SOL worth around $35,400, while holdin

Houma, LA, US, November 27th, 2024, Chainwire

FIO Protocol, the blockchain usability layer, has teamed up with MetaMask, the self-custodial digital wallet and Web3 gateway developed by Consensys, by integrating FIO Handle Resolution. This powerful new functionality makes sending and receiving crypto simpler and more secure by replacing complex public addresses with easy-to-remember human-readable FIO Handles.

MetaMask users can now send any digital asset from their MetaMask wallet by simply ty

Dubai, UAE, November 27th, 2024, Chainwire

Trust Wallet, a leading self-custody Web3 wallet trusted by over 140 million users, has announced the third project under Trust Wallet Launchpool, featuring the reward token $WOD. 

$WOD is the native token of World of Dypians, a MMORPG available on Epic Games, set in a connected virtual world, featuring advanced AI, stunning graphics, and immersive gameplay. The dynamic ecosystem merges DeFi, NFTs, Gaming, and AI into a single immersive experience. Fo

On 27 November 2024, the U.S. Bureau of Economic Analysis (BEA) released its “Personal Income and Outlays” report for October, revealing steady income growth, modest consumer spending increases, and inflation that continues to exceed the Federal Reserve’s long-term target. These figures are key to understanding the Federal Reserve’s next steps on interest rate policy and their implications for financial markets.

In October, personal income rose by $147.4 billion, or 0.6%, from the prior month,