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Did a Shanghai Court Just Legalize Bitcoin in China?
Bitcoin has been very popular in the United States, Europe, the Middle East, and Latin America. The cryptocurrency has also enjoyed great success in neighboring South Korea and Japan.
Cryptocurrency policy in China has been varied—from allowing citizens and residents of mainland China to own crypto, to banning the asset class in 2021. It would seem a court ruling in the Municipality of Shanghai has recently opened the door for Chinese citizens to own cryptocurrencies like Bitcoin.
Court In Chi
Cryptocurrency policy in China has been varied—from allowing citizens and residents of mainland China to own crypto, to banning the asset class in 2021. It would seem a court ruling in the Municipality of Shanghai has recently opened the door for Chinese citizens to own cryptocurrencies like Bitcoin.
Court In Chi
How High Can Ripple (XRP) Go With Gary Gensler Out of the Picture? (AI Bots Analyze)
TL:DR;
Enemy number one for Ripple and many other cryptocurrency projects in the US will be leaving in January.
XRP already reacted with a massive surge after the news broke, but how high can it go? This is the answer from ChatGPT and Perplexity.
Gensler Leaves, XRP Surges
The current chair of the US Securities and Exchange Commission announced on Thursday evening the long-anticipated news that he will leave his position at the agency on January 20, 2025 – the day president-elect Donald Trum
Enemy number one for Ripple and many other cryptocurrency projects in the US will be leaving in January.
XRP already reacted with a massive surge after the news broke, but how high can it go? This is the answer from ChatGPT and Perplexity.
Gensler Leaves, XRP Surges
The current chair of the US Securities and Exchange Commission announced on Thursday evening the long-anticipated news that he will leave his position at the agency on January 20, 2025 – the day president-elect Donald Trum
Here’s What Users Expect As Donald Trump Begins Tenure As Crypto President: Bybit
It’s been barely a few weeks since the pro-crypto candidate Donald Trump won the United States presidential elections, and the digital asset market still feels the impact of that victory. As the Trump administration prepares to take complete charge of affairs at the White House by January, crypto users anticipate what this could mean for the industry.
According to a quarterly institution report by the digital asset exchange Bybit and the crypto research firm Blocks Scholes, market participants
According to a quarterly institution report by the digital asset exchange Bybit and the crypto research firm Blocks Scholes, market participants
Double-Digit Price Surges From These Altcoins As BTC Was Stopped Before $100K (Weekend Watch)
Bitcoin tried and tried to break into a six-digit price territory but was stopped just inches below $100,000 and has been pushed south by around a grand.
Its dominance over the alts has slumped in the past day, as many, such as DOGE, ADA, AVAX, and DOT, have charted double-digit surges.
BTC Fails at $100K
Bitcoin had a highly positive business week, which started with a price surge to over $90,000 on Monday. After a brief retracement, the bulls returned and helped BTC chart a new all-time hig
Its dominance over the alts has slumped in the past day, as many, such as DOGE, ADA, AVAX, and DOT, have charted double-digit surges.
BTC Fails at $100K
Bitcoin had a highly positive business week, which started with a price surge to over $90,000 on Monday. After a brief retracement, the bulls returned and helped BTC chart a new all-time hig
Cardano (ADA) Shoots Up By 23% Daily to Above $1, Surpasses USDC
After the recent consolidation, Cardano resumed its recent bull run in the past 12-24 hours with another double-digit surge that pushed it to over $1 for the first time in over two years.
In the process, its market cap has soared to almost $40 billion, according to CoinGecko, making ADA the eighth-largest cryptocurrency by that metric after it surpassed USDC’s $38.8 billion.
ADAUSD. Source: TradingView ADA’s Recent Rally
Perhaps it all started two weeks ago when IOG’s founder, Charles Hoskin
In the process, its market cap has soared to almost $40 billion, according to CoinGecko, making ADA the eighth-largest cryptocurrency by that metric after it surpassed USDC’s $38.8 billion.
ADAUSD. Source: TradingView ADA’s Recent Rally
Perhaps it all started two weeks ago when IOG’s founder, Charles Hoskin
3 Possible Reasons Behind Ripple’s (XRP) 15% Surge Past $1.6
Ripple’s native token has been among the best performers in the crypto market in the past few days, surging by over 60% since last Saturday. Despite retracing below $1.6, it reached that level for the first time since May of 2021.
Here are some of the possible reasons behind this impressive increase.
XRPUSD. Source: TradingView WisdomTree’s Ripple ETP
The Europe-based crypto asset manager WisdomTree has launched its latest exchange-traded product tracking the performance of a certain cryptoc
Here are some of the possible reasons behind this impressive increase.
XRPUSD. Source: TradingView WisdomTree’s Ripple ETP
The Europe-based crypto asset manager WisdomTree has launched its latest exchange-traded product tracking the performance of a certain cryptoc
Bitcoin Failed to Reach $100K but Dogecoin Explodes By Double Digits to Almost $0.5
All eyes in the crypto community were on bitcoin last night as the asset was expected to finally hit the coveted milestone of $100,000. Although it came just $250 away on most exchanges, BTC failed to do so and has retraced by around a grand.
However, Dogecoin has emerged to catch the attention now, with a massive surge that drove it to around $0.48 earlier today – a new 3.5-year peak.
DOGEUSD. Source: TradingView
The largest meme coin flirted with $0.4 for a couple of days straight but was
However, Dogecoin has emerged to catch the attention now, with a massive surge that drove it to around $0.48 earlier today – a new 3.5-year peak.
DOGEUSD. Source: TradingView
The largest meme coin flirted with $0.4 for a couple of days straight but was
Tron’s Justin Sun Wins $6.2M Banana Auction, Reminds Us That Art Is Subjective (and Edible)
The art world appears to have moved over Picasso. There’s a new muse in town: a banana duct-taped to a wall. Crypto entrepreneur and Tron founder Justin Sun recently splashed a jaw-dropping $6.2 million at Sotheby’s New York for “Comedian,” Maurizio Cattelan’s viral “artwork” consisting of…well, a banana and some duct tape.
And in true Justin Sun fashion, he plans to eat it.
“This is not just an artwork,” Sun declared on X “It represents a cultural phenomenon that bridges art, memes, and the c
And in true Justin Sun fashion, he plans to eat it.
“This is not just an artwork,” Sun declared on X “It represents a cultural phenomenon that bridges art, memes, and the c
Binance Users Will Get Updates and Promo Information on New Platform: Details
TL;DR
The exchange will spread news and educational material on one of the most popular messaging applications.
Recently, it added new trading pairs and bot options but also delisted several pairs, triggering short-term price retreats.
Making Crypto ‘More Accessible’
Binance launched an official channel on the messaging application WhatsApp. There, users will receive recent news, event announcements, product updates, and educational content about blockchain technology, cryptocurrencies, and
The exchange will spread news and educational material on one of the most popular messaging applications.
Recently, it added new trading pairs and bot options but also delisted several pairs, triggering short-term price retreats.
Making Crypto ‘More Accessible’
Binance launched an official channel on the messaging application WhatsApp. There, users will receive recent news, event announcements, product updates, and educational content about blockchain technology, cryptocurrencies, and
Bitwise, Canary Capital, VanEck, and 21Shares Submit Solana ETF Applications Amid Price Surge
The race to launch the first Solana-focused exchange-traded fund (ETF) is heating up, with four major issuers filing applications with the Chicago Board Options Exchange (CBOE).
This development seems to have triggered a charge leading to the price of Solana’s native SOL token to a new all-time high (ATH), pushing it almost past $263 only hours before this writing.
SEC Filings and Optimism
The applications are from Bitwise, Canary Capital, VanEck, and 21Shares and have been filed as Form S-1s
This development seems to have triggered a charge leading to the price of Solana’s native SOL token to a new all-time high (ATH), pushing it almost past $263 only hours before this writing.
SEC Filings and Optimism
The applications are from Bitwise, Canary Capital, VanEck, and 21Shares and have been filed as Form S-1s
Bitcoin En Route to $100K, Ripple Explodes 66% Weekly, Cardano Eyes $1: This Week’s Crypto Recap
This week, the total cryptocurrency market exploded above $3.4 trillion for the first time in history, adding close to $400 billion in the process. This comes on the back of considerable gains across the board, including Bitcoin, Ethereum, Solana, Ripple, Cardano, and more.
Let’s start with Bitcoin – the primary cryptocurrency that has been teasing traders by breaking out to $100K for more than a day now, inching closer and closer each time. At the time of this writing, it’s trading at slightly
Let’s start with Bitcoin – the primary cryptocurrency that has been teasing traders by breaking out to $100K for more than a day now, inching closer and closer each time. At the time of this writing, it’s trading at slightly
Dormant Ethereum Whale Offloads 73,000 ETH, As Ethereum Struggles to Break $3,500
A dormant Ethereum whale has resurfaced, sparking intrigue as the price of the world’s largest altcoin rallies amidst a broader market surge.
According to Lookonchain, this whale amassed 398,889 ETH – worth $2.4 million at the time – between January 18 and March 10, 2016, at an average price of just $6 per ether. The wallet had remained inactive for over eight years until November 7, 2024, when it began offloading its holdings.
So far, the whale has sold 73,356 ETH, which is currently valued a
According to Lookonchain, this whale amassed 398,889 ETH – worth $2.4 million at the time – between January 18 and March 10, 2016, at an average price of just $6 per ether. The wallet had remained inactive for over eight years until November 7, 2024, when it began offloading its holdings.
So far, the whale has sold 73,356 ETH, which is currently valued a
Shiba Inu’s Shibarium Blasts Through Another Major Milestone: Details
TL;DR
Shibarium has shown significant growth since its launch, processing millions of transactions and blocks while steadily increasing wallet adoption.
The protocol has introduced upgrades for better performance, wallet compatibility, faster processing, and a token-burning mechanism to reduce SHIB supply and potentially increase value.
Another Target Reached
Shiba Inu’s layer-2 blockchain solution officially went live in August. It plays an important role in the meme coin’s ecosystem since
Shibarium has shown significant growth since its launch, processing millions of transactions and blocks while steadily increasing wallet adoption.
The protocol has introduced upgrades for better performance, wallet compatibility, faster processing, and a token-burning mechanism to reduce SHIB supply and potentially increase value.
Another Target Reached
Shiba Inu’s layer-2 blockchain solution officially went live in August. It plays an important role in the meme coin’s ecosystem since
MicroStrategy Completes $3B Note Offering to Acquire More Bitcoin but MSTR Dumps 16%
Michael Saylor has announced that MicroStrategy successfully raised $3 billion through a convertible senior note offering.
According to the company’s Executive Chairman, the offering carries a 0% coupon rate and a 55% premium, setting the implied strike price at around $672 per share.
$3 Billion Convertible Notes Offering
In an accompanying press release, MicroStrategy explained that the proceeds from the sale will be used to purchase additional Bitcoin and for general corporate purposes. The
According to the company’s Executive Chairman, the offering carries a 0% coupon rate and a 55% premium, setting the implied strike price at around $672 per share.
$3 Billion Convertible Notes Offering
In an accompanying press release, MicroStrategy explained that the proceeds from the sale will be used to purchase additional Bitcoin and for general corporate purposes. The
Crypto Price Analysis November-22: XRP, ADA, OP, SOL, and DOGE
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail.
Ripple (XRP)
XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5. In the last bull market, XRP reached almost $2 before sellers took over the price action.
The current all-time high is $3.3, which could signal that this cryptocurrency has plenty of room to run. Buyers will have to break above $1.6 and $2 before they can hope to aim for $3
Ripple (XRP)
XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5. In the last bull market, XRP reached almost $2 before sellers took over the price action.
The current all-time high is $3.3, which could signal that this cryptocurrency has plenty of room to run. Buyers will have to break above $1.6 and $2 before they can hope to aim for $3
The Future of NFTs: a Transformation, Not a Tombstone
As we navigate the landscape of digital assets, the question looms large: Are NFTs dead?
The fervor that once engulfed the NFT market has certainly dimmed since the euphoric days of 2021, often compared to tulip mania. However, rather than writing an epitaph for NFTs, we should consider a transformative future shaped by evolving perceptions and real-world utility.
The Loyalty of Web3 Audience
The first challenge that non-fungible tokens (NFTs) face is the inconsistency of the Web3 community.
The fervor that once engulfed the NFT market has certainly dimmed since the euphoric days of 2021, often compared to tulip mania. However, rather than writing an epitaph for NFTs, we should consider a transformative future shaped by evolving perceptions and real-world utility.
The Loyalty of Web3 Audience
The first challenge that non-fungible tokens (NFTs) face is the inconsistency of the Web3 community.
Pi Network (PI) News: Here’s the Latest Update
TL;DR
Pi Network users must complete KYC, set up wallets, sign agreements, and finish other tasks by a previously set deadline, or risk losing access to their tokens.
The Pi Core Team plans to unveil the open mainnet roadmap in December, sparking mixed reactions over potential delays.
Complete These Vital Steps
Despite being around for over five years, the controversial cryptocurrency project Pi Network (which aims to allow people to mine digital assets from smartphones) has yet to introduce
Pi Network users must complete KYC, set up wallets, sign agreements, and finish other tasks by a previously set deadline, or risk losing access to their tokens.
The Pi Core Team plans to unveil the open mainnet roadmap in December, sparking mixed reactions over potential delays.
Complete These Vital Steps
Despite being around for over five years, the controversial cryptocurrency project Pi Network (which aims to allow people to mine digital assets from smartphones) has yet to introduce
Bitcoin Community Thanks Bears and Non-Believers for BTC’s Rally to $99.5K
It has been just over two weeks since it became known that the self-proclaimed ‘pro-crypto’ candidate, Donald Trump, will be the next president of the US. The news was received with open arms by crypto investors as prices of all major assets skyrocketed to local or all-time peaks.
Expectedly, bitcoin was and still is at the forefront of gains. The asset stood below $70,000 before the elections, amid reports that this could be the last time it trades at that level, but went on a rampant run in t
Expectedly, bitcoin was and still is at the forefront of gains. The asset stood below $70,000 before the elections, amid reports that this could be the last time it trades at that level, but went on a rampant run in t
Cardano (ADA) and Ripple (XRP) Lead Altcoin Gains As Bitcoin Flirts With $100K
Bitcoin is on the brink of reaching six figures for the first time, continuing its record-breaking rally. While this milestone marks a historic moment for the world’s largest cryptocurrency, altcoins are also basking in the spotlight with remarkable gains of their own.
XRP and ADA are two top altcoins that have emerged as this extended rally’s biggest gainers.
XRP and ADA’s Explosive Growth
According to the latest analysis by popular crypto analytic platform Santiment, there has been a signif
XRP and ADA are two top altcoins that have emerged as this extended rally’s biggest gainers.
XRP and ADA’s Explosive Growth
According to the latest analysis by popular crypto analytic platform Santiment, there has been a signif
Massive Ripple (XRP) Price Surge, Another Warning for Shiba Inu (SHIB) Users, and More: Bits Reca...
TL;DR
Ripple (XRP) hit $1.40, boosted by news of SEC Chair Gensler’s upcoming resignation, sparking hopes for a more crypto-friendly regulator.
The Shiba Inu team warns against scammers targeting its community with fake tokens and services.
Bitcoin (BTC) climbs toward $100K, driven by Trump’s pro-crypto stance, with analysts eyeing further highs.
XRP Leads the Altcoin Parade
The past 24 hours have been quite eventful for the cryptocurrency market, with Bitcoin (BTC) rising to a new all-time
Ripple (XRP) hit $1.40, boosted by news of SEC Chair Gensler’s upcoming resignation, sparking hopes for a more crypto-friendly regulator.
The Shiba Inu team warns against scammers targeting its community with fake tokens and services.
Bitcoin (BTC) climbs toward $100K, driven by Trump’s pro-crypto stance, with analysts eyeing further highs.
XRP Leads the Altcoin Parade
The past 24 hours have been quite eventful for the cryptocurrency market, with Bitcoin (BTC) rising to a new all-time