In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur’s token BLUR, which soared by a significant 72% this past week.
17 Crypto Assets Record Double-Digit Growth
As of Sunday, November 26, 2023, the total market capitalization of the cryptocurrency sector stands at $1.43 trillion. This week, 17 distinct digital currencies achieved double-digit growth, with BLUR at the forefront with a 72% surge.
BLUR/USDT on November 26, 2023, via Okx.
Trailing BLUR, apecoin (APE) escalated by 26.3%, and klaytn (KLAY) observed a comparable ascent of 26%. Further, mina protocol (MINA) climbed by 24.1%, while illuvium (ILV) rose 22.9% over the week, as per the data from coingecko.com.
APE/USDT on November 26, 2023, via Binance.
Pursuing ILV, cryptocurrencies such as uniswap (UNI), sui (SUI), and bittensor (TAO) also experienced notable increases, ranging from 16% to 19.2%. Nevertheless, alongside these gains, several digital assets witnessed declines this week.
TIA/USDT on November 26, 2023, via Binance.
Celestia (TIA) experienced a significant drop, losing 21% over the week, and rollbit coin (RLB) decreased in value by 8.1%. Additionally, MATIC fell by 8%, and kaspa (KAS) suffered a 6% decline.
Other cryptocurrencies that didn’t fare well during this seven-day period include XDC, BNB, SOL, CAKE, and SHIB. On the flip side, the four digital currencies with the highest trading volumes this week were USDT, BTC, ETH, and USDC.
Within the $1.43 trillion crypto economy, bitcoin’s market value represents 51.2% of the total, while ethereum accounts for 17.5% as of November 26. In terms of 24-hour performance, the leading crypto gainers include SUPER, ETHW, ROSE, PRIME, and MAGIC, whereas the most notable losers are SNX, SEI, FTT, and PENDLE. @AayanCom @Aayannoman #Blast #cbdc #BTC
1. Verify the project's legitimacy on websites like CoinMarketCap, CryptoSlate, or CoinGecko. 2. Check the project's social media presence and community engagement. 3. Read reviews and discussions on forums like Reddit or Bitcointalk.
*Step 2: Find Airdrops*
1. Follow airdrop platforms like Airdrop Alert, CryptoSlate, or CoinMarketCap. 2. Join cryptocurrency communities on Telegram, Discord, or social media. 3. Look for airdrop announcements on project websites or blogs.
*Step 3: Eligibility*
1. Check the airdrop's eligibility criteria (e.g., holding a specific cryptocurrency, completing tasks). 2. Ensure you have a compatible wallet address (e.g., Ethereum, Binance Smart Chain).
*Step 4: Participation*
1. Complete required tasks (e.g., follow social media, join a group). 2. Submit your wallet address or registration information. 3. Receive your free tokens or coins.
*Step 5: Claiming Tokens*
1. Check your wallet for the airdropped tokens. 2. Ensure you have enough space in your wallet for the new tokens. 3. Claim or withdraw tokens according to the project's instructions.
*Step 6: Tax Implications*
1. Research tax laws in your country regarding cryptocurrency airdrops. 2. Consult a tax professional if needed.
*Best Practices*
1. Never share private keys or sensitive information. 2. Use reputable sources and fact-check information. 3. Set up a dedicated wallet for airdrops to avoid mixing with other funds.
By following this guide, you'll be well-equipped to navigate the world of crypto airdrops and potentially benefit from new cryptocurrency projects. Happy airdropping!
#News Today & Altcoins Rise surge. Investors are on high alert, eagerly watching for signs of the next big breakout. With Bitcoin’s movement often serving as a market indicator, the performance of altcoins also becomes a focal point. This article delves into the dynamics of the current market, highlighting which altcoins could be ready to explode. Stay tuned to uncover key insights and identify potential cryptos set for growth.
Not all crypto are EXTREMELY GOOD buys right now. Here are some projects you should buy right now projects you should wait for a dip before buying! 🔴 Too late to buy: 1: $SOL 2: $AVAX 3: $BTC 4: $ETH 5: $TAO 6: $INJ 7: $FET 8: $AGIX 9: $WIF 10: $AR 11: $UNI 12: $PEPE 13: $NEAR 14: $OCEAN 🟡 Neutral (50/50): 1: $OP 2: $MNT 3: $SEI 4: $SUI 5: $STRK 6: $ORDI 7: $ROSE 8: $WOO 9: $LINK 10: $XRP 11: $IMX 12: $HBAR 13: $BNB 🟢 Good buy: 1: $SPCT 2: $METIS 3: $ATOM 4: $SFUND 5: $ARB 6: $VDZ 7: $TIA 8: $ADA 9: $KAS 10: $CELO 11: $AZERO 12: $DOT 13: $MANTA 14: $PROPC 15: $ALT I’ll make some of my followers extremely RICH this crypto bullrun. Many people will regret not following me. Save this post to your bookmarks & come back in a few months! Follow me for more updates#bitcoinhalving
😧The update provides an urgent alert regarding Bitcoin's current price movement. It mentions that Bitcoin has broken below a trendline area on the 4-hour timeframe, which is considered a crucial development.
👆🏻The analysis suggests that the current price range of $68,000 to $69,000 is now acting as a strong resistance area and also marks a successful retest of the trendline. It warns that if Bitcoin is rejected from this area on the 4-hour timeframe, a decline to the $62,000 to $60,000 range is expected. Additionally,
👉🏻 it predicts a potential 10-20% dip in altcoins if this scenario unfolds.
👌🏻The analysis concludes by stating that this bearish scenario would only be invalidated if Bitcoin manages to break above the $71,500 area with significant buying volume. Until then, the analysis maintains a bearish outlook for Bitcoin.
#BTC #etf #BinanceSquare @Aayannoman @Binance Square Official Vaneck’s director of digital assets strategy has explained why people tend to underestimate the long-term impact of spot bitcoin exchange-traded funds (ETFs). He believes that upon the approval of a U.S. spot bitcoin ETF by the Securities and Exchange Commission (SEC), “bitcoin’s price trajectory could follow gold’s blueprint from 2004 and the years after, just much faster.”
Market Impact of Spot Bitcoin ETFs
Vaneck’s director of digital assets strategy, Gabor Gurbacs, shared his predictions regarding the long-term impact of U.S. spot bitcoin exchange-traded funds (ETFs) on social media platform X Sunday. Vaneck is among the asset management firms that have applied to launch a spot bitcoin ETF with the U.S. Securities and Exchange Commission (SEC).
While noting that in his view, “people tend to overestimate the initial impact of U.S. bitcoin ETFs,” which he expects to be only a few hundred million dollars in mainly recycled funds, the Vaneck director said:
#FTX #Spotlight Prosecutors Say Sam Bankman-Fried Will Not Face A Second Trial
US prosecutors will reportedly not pursue a second trial against former FTX CEO Sam Bankman-Fried (SBF).
According to several reports, US prosecutors do not plan to conduct a second trial against Sam Bankman-Fried. Last month, SBF was convicted of stealing funds from customers of the fallen crypto exchange FTX.
“Strong Public Interest” In A Prompt Resolution Outweighs Benefits Of A Second Trial
Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion, while De.fi, another Web3 security firm, states that this number reaches higher, to $2 billion.
Reports Share the Extent of Damage Caused by Hacks and Exploits in 2023
At the end of 2023, several reports have surfaced estimating the funds lost due to hacks and exploits during the year. In its latest report, TRM Labs, a blockchain security analytics firm, states this number reached $1.7 billion by mid-December, with the top ten hacks netting 70% of the funds stolen.
Incidents classified as “infrastructure attacks,” which include stealing private keys that give hackers access to a crypto project’s servers or using software to steal funds, contributed almost 60% of the numbers reported.
While $1.7 billion might seem astronomical, it is less than half of the $4 billion that criminals stole last year, aided by a $600 million mega hack against the Axie Infinity linked Ronin bridge. Comparatively, the most significant incidents during this year, which involved Euler Finance, Multichain, and Poloniex, only contributed approximately $100 million each to this number.
In a seismic shift within the Shiba Inu (SHIB) ecosystem, the past 48 hours have seen an unparalleled surge in on-chain dynamics, as whale transactions involving the token skyrocketed by an astonishing 498%.
Shiba Inu, a popular token in the crypto sphere, is making waves with a surge in transactions valued at $100,000 and more, according to on-chain analytics platform IntoTheBlock.
During this whirlwind period, whale transactions injected a whopping $40.93 million into SHIB, exchanging an epic 5.1 trillion tokens. This surge has pushed the total daily transactions to an astonishing 6.38 trillion tokens, equivalent to a staggering $51.71 million.
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss in 2014.
Genesis Targets Gemini in $689M Legal Battle Over Alleged Preferential Crypto Withdrawals
The court filing, filed on November 21, 2023, accuses Gemini of withdrawing over $689 million in the months leading to Genesis’ Chapter 11 bankruptcy proceedings. This action, according to Genesis, unfairly benefited Gemini at the expense of other creditors.
The complaint, filed in the wake of significant crypto market instability that began in 2022, targets transactions occurring in the 90 days preceding Genesis’ bankruptcy declaration. According to the document, Gemini’s withdrawals totaled approximately $689.30 million, a move Genesis describes as preferential and detrimental to the broader creditor base.
This situation arose during a period marked by notable fluctuations and uncertainty within the cryptocurrency sector, further complicating the financial dynamics at play. Genesis’ legal strategy aims to invoke the provisions of the Bankruptcy Code to rectify what it perceives as an inequitable situation.
Technical Jaffer ##DogecoinUpdate #DOGEToTheMoon @MirzaNoman90 Dogecoin has a signal that can increase the price by up to 23000%
Dogecoin is still moving through the charts after several developments, including the team's announcement that a physical DOGE coin is being sent to the moon. However, these developments are not the only things driving the price as indicators are still pointing to a bullish breakout for the price. Dogecoin Signals for 23000% SurgeCrypto analyst Tony The Bull has identified a signal that triggered a 23000% surge in Dogecoin's price since its last appearance. This signal is generated by the 1-Month (1M) Parabolic SAR and could send DOGE above $10. This was when Elon Musk's posts were at the peak of their popularity. So combined with a bullish signal, it pushed the price continuously until it rose more than 23000%. In 2021, the price of Dogecoin had consequently gone from $0.0025 to $0.7. If this trend repeats itself, the peak of the rally could keep the price above $18, depending on whether it ends up the full 23000%. However, just like the last time this indicator appeared, it may take some time for it to fully appear. As the analyst explains in another post, the last time Parabo SAR appeared