Pi Network is nearing its Open Network phase, with only one million KYC verifications remaining before the November 30 deadline. Ripple’s XRP surged 83% in a week, hitting a three-year high of $1.20, with analysts forecasting short-term gains potentially pushing it to $1.50 or even higher. Cardano’s ADA climbed 130% in two weeks to $0.75, with experts predicting further growth, supported by strong network fundamentals and no scheduled token unlocks.

What’s New Around Pi Network? Pi Network offi

Solana’s staking and restaking business models are more profitable than Ethereum’s, according to a recent analysis. Solana’s TVL (Total Value Locked) has grown significantly, surpassing Orca and ranking twelfth on the Solana chain. The staking track, a native segment of the crypto industry, is also the largest in terms of TVL.

Staking tokens like LDO, EIGEN, and ETHFI have performed well despite the current market conditions. Ethereum’s liquid staking project Lido, restaking project Eigenlayer,

Toncoin (TON) has been trading within a range of $5.20 to $5.80. Its price has risen by 1.53% in the last 24 hours. The cryptocurrency reached its all-time high of $8.27 on June 15, 2024, while its lowest recorded price was $0.523925. Toncoin’s current price stability is due to a balance of competing technical factors, such as support from the 50-day SMA and overbought conditions from the RSI.

Toncoin’s price could potentially reach $10 in the medium term if bullish momentum sustains and broade

According to PANews, CryptoQuant CEO Ki Young Ju recently commented on the X platform that the Bitcoin market is currently experiencing a frenzy stage, with 99.3% of unspent transaction outputs (UTXO) in a profitable state. Ki highlighted that this ‘frenzy’ phase typically lasts between three to twelve months, although there are exceptions, such as the bull market trap in November 2021.

Ki noted that this phase began two weeks ago, and the market is now at a critical juncture. He explained that

Yesterday, MicroStrategy bought 51,780 bitcoins for $4.6 million, which is the largest amount it has ever purchased. This brings the company’s total holdings to over $29 billion, or 331,200 BTC. MicroStrategy started buying bitcoins in 2020 as a hedge against inflation and has been using the proceeds from share sales and loan sales to finance these purchases.

Michael Saylor, who is confident in Bitcoin’s performance, believes the price of the cryptocurrency will continue to rise and reach $100,

Nasdaq has launched options trading for the Bitcoin ETF managed by BlackRock, which is a significant step in the integration of cryptocurrency into traditional financial markets. This move comes as Bitcoin trades near $91,800 and follows approval from the U.S. Commodity and Futures Trading Commission (CFTC).

The new options trading capability allows investors to place derivative bets on BlackRock’s Bitcoin ETF, offering additional tools for market participants to manage their cryptocurrency exp

Goldman Sachs is considering separating its digital asset platform into an independent entity, following the traditional banking sector’s increasing engagement with cryptocurrency markets. The bank is currently in early-stage discussions with various intermediaries about the structure and operations of the proposed standalone company, which comes as institutional investors seek exposure to cryptocurrency markets.

The initiative aims to capitalize on growing U.S. crypto adoption and could boost

MicroStrategy, a software company known for investing in Bitcoin, has outperformed Warren Buffet’s Berkshire Hathaway investment conglomerate by a significant margin of 2,295.74% since August 2020, compared to Berkshire Hathaway’s 36.02% growth. According to a Barchart graph, the ratio of 0.72 is quickly approaching the highs seen during the dotcom bubble.

In addition, MicroStrategy has also outperformed Bitcoin itself, which increased by 673.83%, and Bitcoin has outperformed Warren Buffett’s n

Solana’s staking and restaking business models are more competitive and profitable than Ethereum’s, according to a recent article by Lawrence Lee of Mint Venture. The Solana chain has experienced a surge in TVL (total value locked) and is now ranked 12th, surpassing Orca. The booming staking industry, which is the largest crypto track in terms of TVL, has left projects like Lido, Eigenlayer, and Etherfi struggling despite their presence on the Ethereum network.

The article delves into the compe

The crypto market is experiencing a rally, with Bitcoin around an all-time high and Dogecoin soaring due to Trump’s election. While there is some optimism about the future, there are also concerns about the sustainability of this rally, given the potential for political uncertainties and a lack of structural liquidity in the global financial markets.

The rally might be a head-fake that could result in significant losses. On the positive side, a peaceful transition of power in the US could lead

As per a recent report by Matrixport, the actual volatility of Bitcoin, when compared to the bull market in 2020/2021, is lower. This could be attributed to the increase in highly volatile alternative assets and the shift from retail traders to institutional investors. With the official launch of Bitcoin spot ETF options, a new window for observing market dynamics is available.

This milestone is expected to increase market liquidity and attract more professional investors, contributing to Bitco

MicroStrategy intends to raise $1.75 billion through zero-coupon senior convertible notes for additional Bitcoin purchases and business initiatives. These notes, which target institutional investors and mature in 2029, can be converted into cash, company stock, or a combination. Initial investors have the option to purchase an extra $250 million in notes within three days of issuance.

This move could allow MicroStrategy to acquire over 19,000 BTC, pushing its Bitcoin ownership closer to 2% of t

AI and big data projects related to cryptocurrencies have seen a significant increase in their value, coming close to their all-time highs. This growth comes as investors gain confidence in Bitcoin’s ongoing rally. 1. AI and big data crypto projects are rebounding strongly. 2. They are nearing their all-time highs.

3. This comes due to increased investor confidence in Bitcoin rally.

Source

<p>The post Crypto Projects Surge: AI & Big Data Rebound, Nearing Highs first appeared on CoinBuzzFeed.<

Dennis Porter, the CEO and co-founder of the Satoshi Action Fund, has recently announced that they are open-sourcing a document for enacting Strategic Bitcoin Reserve laws internationally. This move aims to promote the adoption of Bitcoin as a form of reserve asset in various countries. Porter mentioned that several lawmakers are using the legislative model provided in the document, and an executive order implementing the same could be on its way.

In summary, the Satoshi Action Fund is working

Elon Musk posted a “DOGEFATHER” portrait on his X account, which led to a 2.92% increase in the value of Dogecoin (DOGE). The market cap of DOGE has risen by 4.40%, reaching $57.55 billion, and its 24-hour trading volume has increased by 25.83% to $9.22 billion. Elon Musk is often referred to as the “Dogefather” by the DOGE community, and his mentions of Dogecoin have been known to cause significant increases in investment.

He was also involved in naming a department for reducing government exp

Bitcoin bulls are gaining some important support from classic price chart metrics this month. This is a positive sign that the cryptocurrency could be on the verge of breaking out and experiencing a significant increase in value. This information comes from a recent source link, which indicates that Bitcoin bulls are receiving these key breakout signs from classic BTC price chart metrics.

This suggests that there could be a significant increase in the value of Bitcoin in the coming weeks. The c

A Dutch-based company, Quantoz Payments, is launching two stablecoins, USDQ and EURQ, which are compatible with the European Union’s crypto market regulation, MiCA. The stablecoins are linked to the US dollar and the euro and are fully backed by fiat money and highly liquid financial instruments. This comes at a crucial time for European crypto-investors, as other stablecoin competitors aim to carve out and increase their own market share in the upcoming regulated market.

Tether, the world’s la

The European Union’s MiCA regulation will be fully enforced in December, and a Dutch-based company, Quantoz Payments, is launching USDQ and EURQ, two MiCA-compatible stablecoins backed by fiat money and highly liquid financial instruments. With the new rules restricting stablecoins, Tether and other competitors like EURQ will try to capture market share.

Tether’s involvement with Quantoz highlights their commitment to regulated solutions in digital assets. USDQ and EURQ will be available on Bit

Ultiverse is a game world that combines artificial intelligence with blockchain technology to create an immersive, interconnected digital ecosystem. It aims to revolutionize the gaming industry by providing a personalized gaming experience for players and promoting the adoption of AI-enhanced Web3 games.

Some of its key features include intelligent NPC training, a combination of GameFi and DeFi, strong community support, and cross-platform interoperability. Ultiverse has a unique four-layer arc

Bitcoin bulls are currently noticing some important breakout indicators from conventional Bitcoin price charts this month. This suggests that the bulls are becoming less common, and there are signs of

potential growth for Bitcoin’s value. These classic price chart metrics are helping to analyze the cryptocurrency market, allowing investors to make more informed decisions regarding their investments.

Source

<p>The post Bitcoin Bulls: Rare Key Breakout Signs This Month first appeared on CoinBuz