Banana Artwork Sells for $6.2 Million; Justin Sun Buys and Plans to Eat
Justin Sun Buys $6.2 Million Duct-Taped Banana – Plans to Eat It! In a move that has left both the art and cryptocurrency communities buzzing, Justin Sun, the well-known founder of Tron, has made headlines with his latest extravagant purchase: a banana duct-taped to a wall, which he acquired for a staggering $6.2 million. The quirky artwork was sold at a Sotheby’s auction in New York, adding another layer to Sun’s reputation for bold, unconventional investments $TRX
Crypto Market Up 1.5% with XRP, Stellar, and Hedera Leading Gains
The cryptocurrency market saw a positive trend on November 23, with the global crypto market cap increasing by 1.5% to reach $3.33 trillion. Bitcoin remained steady at $98K, while major altcoins like Cardano (ADA), XRP, and Avalanche (AVAX) surged between 14% and 25%. Notably, Hedera (HBAR) and Stellar (XLM) emerged as top performers, registering jumps of 25% to 55% in the last 24 hours. $XRP
In the meme coin category, Dogecoin (DOGE) and Shiba Inu (SHIB) experienced a 9% incre
Indian Financial Authorities Voice Crypto Concerns Amid Rising Adoption
The cryptocurrency landscape in India remains turbulent as government and financial authorities express ongoing concerns about digital assets. While crypto adoption is steadily increasing, skepticism from top officials highlights a cautious approach that may affect the market's future. Recent statements from key figures, including Finance Secretary Nagaraju M and the Reserve Bank of India's Governor, reveal a conflict between potential growth and regulatory caution. $BTC
November 23: Bitcoin Spot ETFs’ Net Inflow Reaches $490M
The net inflow of US Bitcoin spot ETFs on November 23 was $490 million. The top performers were: IBIT (BlackRock) with $513.03 million, FBTC (Fidelity) with $21.71 million, and BRRR (Valkyrie)
with $6.19 million. The only ETF with zero inflow was BITB (Bitwise). Some ETFs had negative inflows, like GBTC (Grayscale) with -$67.05 million and mini BTC (Grayscale) with +$5.72 million.
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US Ethereum Spot ETFs Net Inflow Data: a Closer Look
On November 23, according to data from Farside Investors and Bloomberg terminals, there was a net inflow of $92.3 million into US Ethereum spot ETFs. This includes $100.7 million from B
lackRock’s ETHA, $5.8 million from Fidelity’s FETH, $5 million from Bitwise’s ETHW, and negative inflows of $18.6 million and $600,000 from Grayscale’s ETHE and Mini ETH, respectively.
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Elevated Funding Rates & BTC $180,000 Predictions: Van Eck’s Warnings
In this article, the author discusses a statement made by Van Eck, a prominent figure in the cryptocurrency space, who predicted that Bitcoin (BTC) could potentially reach a price of $180,000 during the current cycle. However, he also warned that the elevated funding rates might be indicative of the market experiencing early signs of “overheating.”
The author delves into a brief explanation of funding rates, which are interest rates that borrowers pay on their loans, and how they play a crucial
Beam Chain: Ethereum’s Proposed Upgrade to Improve Performance and Security
Ethereum’s Beam Chain aims to bring significant improvements to the network by tackling its “technical debt” without launching a new blockchain. The key changes include faster block confirmation, improved staking, enhanced security, and a future-proof network. This upgrade is designed to increase transaction speed, security and efficiency, while maintaining decentralization.
It is also quantum-resistant, making it more secure for the long term. Beam Chain will improve Ethereum’s scalability, re
Crypto’s Prediction Market: Polymarket’s Impact on the Industry
In this article, we will discuss Polymarket and its impact on prediction markets. Polymarket is a decentralized prediction market that allows users to create, participate and benefit from prediction markets. It is built on the Ethereum blockchain, and its native token is POLY. Polymarket aims to provide a transparent, secure, and trustless platform for users to place bets on real-world events.
These events can range from politics, financial markets, and sports to entertainment and technology. T
Ripple Whales Seek Profit in AI Altcoin Market Amid XRP Price Surge
Over the past week, Ripple whales have profited as XRP’s price surged beyond $1, surpassing the anticipated peak of $0.8. To diversify their gains, some whales have invested in the AI altcoin market, with RCO Finance (RCOF) experiencing a 19,504% increase. XRP’s price resurgence has led to strategic investments, and RCO Finance’s AI/ML-based robo-advisor tool and access to over 120,000 financial instruments have attracted investors.
Offering high leverage, passive income, and a deflationary tok
Polymarket is a new prediction market platform that aims to revolutionize the way people make bets on future events. It offers a transparent and secure way to make predictions and earn rewards for correct predictions. The platform features a user-friendly interface and supports various cryptocurrencies.
With Polymarket, anyone can have an active role in predicting the outcome of future events and potentially make a profit.
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<p>The post Prediction Markets Revolution: Polymarket’s Impact
CZ Unfollows Musk on Platform: Binance Co-Founder’s Move Sparks Interest
Binance co-founder CZ unfollowed Elon Musk on a social platform 5 hours ago, as reported by BlockBeats news and confirmed by X data.
Binance co-founder and CEO Changpeng Zha
o, also known as CZ, has unfollowed Elon Musk on a social platform, according to recent reports from BlockBeats news. This information was confirmed by X data five hours ago.
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<p>The post CZ Unfollows Musk on Platform: Binance Co-Founder’s Move Sparks Interest first appeared on CoinBuzzFeed.</p>
What Five Major Changes Will Beam Chain Bring to Ethereum?
Original title: “Will Beam Chain bring five new changes to Ethereum?” 》
Original source: Ebunker Chinese
As we all know, Ethereum was born with PoW proof of work and successfully converted to PoS proof of equity in 2021. In this regard, Justin Drake, a core researcher at the Ethereum Foundation, believes that although the beacon chain was very effective when PoS was first introduced, it has accumulated some “technical debt” in the past five years and its design did not take advantage of the de