The global cryptocurrency market continues to draw significant investor attention, with crypto investment products seeing a substantial increase in funds last week. CoinShares' recent weekly report revealed that crypto funds received a net inflow of $2.19 billion worldwide, pushing year-to-date net inflows to a record $33.5 billion. The surge in inflows aligned with Bitcoin's climb to a new all-time high of $93,477, boosting CoinShare's total assets under management for crypto funds to around $1

A quantitative analyst has discussed the potential for Bitcoin to continue rising based on the trend observed in the Spent Output Profit Ratio (SOPR) indicator. The SOPR measures whether short-term Bitcoin holders are selling at a profit or loss by analyzing transaction history. Short-term holders, who acquired BTC within the past 155 days, are prone to selling during market fluctuations. Despite recent profit-taking by this group, the SOPR remains below levels associated with market peaks. Whil

Notcoin's Telegram Crypto Game, Not Pixel, is hosting an art competition called Not Pixel Battle. The tournament will involve 1,024 online communities competing in nine elimination rounds to claim the 'Golden Pixel' prize. Players can paint pixels on a shared digital canvas, earning PX token bonuses and rewards. Not Pixel, a Telegram gaming platform, has already seen over 6 billion hand-painted pixels. The competition aims to unite communities in a creative battle for territory. Notcoin, founded

Rumors are circulating that Brian Brooks, a current board member of a crypto project and former CEO of Binance.US, may be considered to replace Gary Gensler as the head of the SEC. This speculation has caused a 29% increase in the price of Hedera's HBAR token, currently trading at $0.1435. Despite a 159% climb in the past week, HBAR has not reached its all-time high of $0.5692 from September 2021. Brooks, an American lawyer and banker, briefly served as the Acting Comptroller of the Currency. Th

Grammy-award-winning musician Imogen Heap has collaborated with AI music platform Jen to introduce AI models based on her music and voice. StyleFilter, one of the AI tools, allows users to incorporate Heap's unique style into their music compositions using AI prompts. Heap aims to empower fans to create music based on her work, describing it as 'songs as a service.' Jen ensures copyright compliance by using blockchain technology to timestamp and log each track created. Heap, known for embracing

Jason Lowery, a major in the U.S. Space Force, has applied to advise the National Security Council and the White House Office of Science & Technology Policy on Bitcoin's role in national defense. Lowery aims to highlight the significance of Proof-of-Work (PoW) technology in cybersecurity and defense strategies. He advocates for integrating Bitcoin into national defense to enhance cybersecurity and maintain a strategic advantage. Lowery's background in military and academic research positions him

The Cardano price has shown strong performance during the recent crypto market rally. Despite this, an analyst warns of a potential downward correction for ADA before the year ends. The analyst recommends investing in RCO Finance (RCOF), a promising crypto AI token currently in its presale phase. RCOF is favored over Cardano due to its innovative AI and blockchain-powered DeFi platform, offering advanced trading tools like an AI-powered robo advisor. This tool uses machine learning to provide pe

The cryptocurrency market is experiencing a bullish trend, driven by Bitcoin's new all-time high of $93,000. This positive momentum is also impacting the altcoin market, with analysts predicting significant gains for various top assets. CryptoBullet suggests that Sui (SUI) could reach $5.7 following a 50% price increase, while Uniswap (UNI) may target $12. Additionally, IntelMarkets (INTL) is expected to provide returns of up to 20x. Sui (SUI) has shown impressive growth, with its price rising f

A cyberattack targeted the social media account of a prominent educational platform, leading to unauthorized access. Changpeng Zhao, founder of Giggle Academy and Binance crypto exchange, warned followers about the hack and advised caution when engaging with content from the compromised account. Zhao and CEO Gigi Broverman are working to regain control and dispel misinformation spread by hackers. The incident raised concerns about the security of online educational platforms, especially those se

Nepal's Financial Intelligence Unit (FIU) highlighted in its Strategic Analysis Report 2024 that the country's ban on crypto trading poses a major hurdle for fraud victims to report cases. The FIU, a division of Nepal Rastra Bank, monitors suspicious transactions related to illicit activities like money laundering. The report noted an increase in fraudsters using tactics such as 'smurfing' to evade detection. These criminals also convert illegal funds into digital currencies, complicating asset

The ME Foundation has revealed plans for an upcoming ME token airdrop, where users of Magic Eden's Bitcoin exchange and cross-chain NFT platform will collectively receive 125 million tokens, valued at $312 million based on current estimates. The pre-market price of $2.50 has surged by 233% in the last 24 hours. Despite uncertainties surrounding the conversion of Diamonds rewards to ME tokens, Magic Eden users are anticipating one of the largest community airdrops of 2024. The community allocatio

A federal court judge ruled that Lido DAO members can be held liable under partnership laws. The court classified Lido DAO as a general partnership, rejecting its claim of not being a legal entity. This ruling sets a precedent for the treatment of profit-driven DAOs. The court found identifiable participants managing the DAO's operations, making them unable to evade liability through its decentralized structure. General partners like Paradigm Operations, Andreessen Horowitz, and Dragonfly Digita

Binance has introduced BFUSD, a yield-bearing stablecoin offering a 19.55% APY for futures and perpetuals traders. Users can earn daily rewards by holding BFUSD in their Binance futures accounts without staking or locking funds. The stablecoin can be acquired through USDT swaps and is collateralized at 105.54%, backed by a reserve fund of 1.1 million USDT. BFUSD is not accessible in regions where Binance Futures are restricted, like Brazil, or in countries under MiCA regulation. Users' BFUSD hol

Valletta, Malta, November 18th, 2024 - LaunchPunks has recently debuted, offering a unique and community-driven approach to the crypto launchpad sector. Utilizing Bitcoin and the TAP Protocol, the platform prioritizes fairness, transparency, and scalability, diverging from traditional models. Leading the way is Ghosty Cash, introducing anonymous cross-chain swaps to challenge existing DeFi frameworks and empower users. With impressive stats like over $50 million in volume swapped and 200% monthl

President Trump is reevaluating his potential Treasury Secretary picks, moving away from crypto-friendly choices like Scott Bessent and Howard Lutnick. The New York Times reports that Trump is now considering candidates less supportive of digital assets due to interpersonal issues. Lutnick's lobbying efforts and criticism of Bessent have reportedly irked Trump, leading him to explore other options. Bessent and Lutnick, known for their favorable stance on crypto, could have significantly impacted

Super Champs, a popular Ethereum gaming franchise, is set to launch its token CHAMP on Coinbase's Ethereum layer-2 network Base on November 20 at 7am UTC. The franchise, known for its anime-inspired mobile games and NFT collection, will introduce CHAMP as the primary currency for purchasing assets like NFTs, cosmetics, and subscriptions. The token will also be used in season-based rewards programs. Super Champs has already entered season two of its rewards program, where players can earn CHAMP t

Brazilian YouTube sensation, Lord Vinheteiro, faced a Bitcoin nightmare leading to hospitalization after losing access to a stash worth over $366,000. The classical pianist, with over 7 million YouTube subscribers, lost his BTC wallet password and sought help on recovering it. His woes stemmed from bad investment decisions, including buying BTC at $70,000 and selling at $50,000, resulting in losses. Additionally, investing in a bankrupt telco company led to further financial setbacks. The stress

President-elect Donald Trump's media group, Trump Media and Technology Group (TMTG), is reportedly in advanced discussions to acquire Bakkt, a crypto trading platform owned by Intercontinental Exchange (ICE), as per the Financial Times. The potential deal would involve an all-share purchase, marking TMTG's entry into the crypto market. This news led to a 165% surge in Bakkt's share price. TMTG, parent company of Truth Social, aims to diversify its operations. The acquisition excludes Bakkt's str

Marathon Digital, a Bitcoin miner, is set to issue $700 million in convertible senior notes due in 2030. The fundraising aims to restructure debt, acquire Bitcoin, and fuel corporate growth. The notes, maturing in 2030, will accrue interest from 2025 and can be converted into cash or stock. Marathon plans to redeem the notes from 2028 under specific conditions. The company's stock price dropped post-announcement, but it remains a key player in Bitcoin mining. This move follows previous funding i

Binance Pool has announced a new update: merged mining for Fractal Bitcoin (FB), a layer 2 Bitcoin scaling solution. Users can now mine Bitcoin (BTC) and receive rewards in Fractal Bitcoin. However, purchasing FB on Binance is currently not available. Fractal Bitcoin, a layer 2 side-chain scaling solution, offers high scalability while maintaining Bitcoin's security and decentralization. The Fractal Mainnet, launched in September, aligns with Bitcoin's original ethos. It integrates features like