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XRP Price Goes Parabolic After Whales’ Buying Spree and a Fourth Firm Filing for a Spot XRP ETF
Shortly after the XRP price surged by over 27% this past weekend, crypto analyst Ali Martinex highlighted the latest XRP purchases by whales:
#Ripple whales bought an additional 160 million $XRP over the weekend, valued at around $380 million! pic.twitter.com/6AeHwZRVRk
— Ali (@ali_charts) December 2, 2024
XRP’s price action — up a highly 40% in the past 24-hour period — had even some prominent global macro investors, such as Raoul Pal, excited about XRP’s potential to go even higher:
https
#Ripple whales bought an additional 160 million $XRP over the weekend, valued at around $380 million! pic.twitter.com/6AeHwZRVRk
— Ali (@ali_charts) December 2, 2024
XRP’s price action — up a highly 40% in the past 24-hour period — had even some prominent global macro investors, such as Raoul Pal, excited about XRP’s potential to go even higher:
https
Ethereum’s Surging Price Is Helping Spot Ethereum ETFs Finally Start to Gain Traction
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
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
Ethereum (ETH) Futures Open Interest Soars to Record $23 Billion As Analyst Predicts ‘Heavy Firew...
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
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
Pepeto and Pepe Unchained Introduce Zero Fee Trading and Cross Chain Solutions Vs Layer 2 Tech
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
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
Hydration Unveils Decentralized Borrowing Platform on Polkadot
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
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 Accumulated $1.5 Billion in BTC Amid Panic Selling
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
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
Cardano Hits 2.5-Year High in Transaction Fees After ADA Surpasses $1 Mark
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://
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://
UnGraduate Gamer Launches $UGG Token – Tapping Into India’s Crypto Market and Meme Coin Surge
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
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
Lightchain Protocol AI Becomes the Buzz of Crypto Twitter and Reddit
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,
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 Crushes Top Rivals With a 9.4% Surge on Thanksgiving Day, Up Over 200% This Month
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
Shiba Inu Burn Rate Surges 24,000% Amid Wider Crypto Market Rally
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
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
Pantera Capital’s Bitcoin Fund Achieves 131,000% Lifetime Return
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.
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.
Crypto Sentiment Peaks As Bitcoin Stabilizes Near $95K and DeFi Gains Momentum
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
The Crypto Fear and Greed Index reflects the mar
Moongate Launches $MGT Token to Drive New Era of Engagement in the Attention Economy
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
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 Explains Why It Decided to Discontinue Stablecoin EURT
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
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
The Incoming Trump Administration ‘Has Lifted a Massive Regulatory Burden’ From the Crypto Space,...
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
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
Bitcoin Holders Cash In: $2.02 Billion in Daily Profits As Price Nears $100,000 Milestone
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
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
Trader Turns $160 Into $6.14M With Meme-Inspired Cryptocurrency on Solana
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
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
FIO Handle Resolution Is Now Supported By Metamask
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
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
Trust Wallet Introduces World of Dypians (WOD) on Trust Wallet Launchpool
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
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
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MicrosoftBTCInvestmentVote
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#MicrosoftBTCInvestmentVote 🚀 Could Microsoft Propel Bitcoin to $100,000? A Game-Changing Proposal Awaits!
The upcoming December 10 annual meeting at Microsoft is set to discuss a proposal for the tech giant to evaluate investing in Bitcoin. If approved, this could serve as a monumental catalyst for Bitcoin's price, possibly pushing it past $100,000! Here's a breakdown of what’s at stake:
1. Corporate Stance on Crypto
For Approval: Microsoft's prior interest in blockchain and Web3 technologies highlights its openness to innovation. Adding Bitcoin to its balance sheet could position it as a leader in the crypto-fintech space.Against Approval: However, volatility concerns might make Microsoft’s leadership hesitant, given its historically cautious investment strategies.
2. Market Context
The institutional adoption trend, led by Tesla and MicroStrategy, might influence Microsoft's decision. Aligning with competitors and emerging trends could strengthen the case for Bitcoin as a strategic asset.
3. Shareholder Sentiment
Crypto Advocates: If crypto-enthusiastic shareholders back the proposal, it stands a better chance.Cautious Investors: Conservative shareholders might reject it, fearing Bitcoin’s speculative nature and regulatory uncertainties.
4. Broader Economic Environment
Supportive Factors: Inflation concerns and increasing institutional interest in Bitcoin could make the proposal appealing.Challenges: Regulatory hurdles or a bearish macroeconomic outlook might dampen enthusiasm.
Outlook
While the proposal faces hurdles, its approval could ignite a psychological rally in Bitcoin’s price, even if Microsoft’s initial investment is limited. Such an endorsement would underscore Bitcoin’s growing institutional appeal, reinforcing its position as digital gold.
What’s your take? Will Microsoft take the plunge into Bitcoin? Share your thoughts below! 🧠👇
#Bitcoin #Microsoft #CryptoNews #BTC100k #InstitutionalAdoption #Web3 #CryptoInvesting
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