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The Bit Journal: Your trusted source for timely and reliable crypto news. Stay ahead with our up-to-the-minute updates and insights.
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FTX Liquidators Acquire Two Altcoins: What Does It Mean?
FTX’s bankruptcy proceedings have taken an intriguing turn with a significant move by the platform. Recent reports reveal that FTX liquidators have purchased 1.85 million RAY tokens, valued at approximately $11 million. This development could have far-reaching implications for the Bitcoin and altcoin markets. Let’s dive into the details and understand how this could affect you and the broader crypto space.
FTX’s Latest Moves: What’s Happening?
The action began with the transfer of 1.85 million
FTX’s Latest Moves: What’s Happening?
The action began with the transfer of 1.85 million
Bitcoin Stays Steady While These 5 Altcoins Surge
Saturday’s global crypto market action triggered bullish momentum across the board. While Bitcoin (BTC) held steady at $98,000, major altcoins like ADA, XRP, and AVAX soared between 14% and 25%. The standout performers, however, were Hedera (HBAR) and Stellar (XLM), which surged 25% to 55% in the past 24 hours. Meanwhile, the global crypto market cap increased by 1.5%, reaching $3.33 trillion, even as trading volume dipped by 12%, landing at $219 billion. Let’s take a closer look at the day’s bi
Whales Are Fighting Over These 3 Altcoins!
The crypto market is witnessing a surge of activity fueled by recent developments, including Donald Trump’s resounding victory in the November 5 presidential election. This bullish momentum, now entering its third week, is turning the spotlight on key altcoins. Dogecoin (DOGE), Ethereum (ETH), and Shiba Inu (SHIB) have become the focus of intense accumulation by crypto whales, signaling potential opportunities for investors.
Dogecoin: A Whale Favorite Back on the Rise
Among the assets attracti
Dogecoin: A Whale Favorite Back on the Rise
Among the assets attracti
The Big Three: Why Qubetics, EOS, and Celestia Are Leading the Pack in 2024
The crypto world is buzzing, with new projects and innovations rolling out almost every week. But recently, the conversation has shifted toward which cryptocurrencies can actually make life easier for the average user while solving real-world problems. EOS is doubling down on scalability, Celestia is challenging how blockchains are built, and Qubetics ($TICS) is all about making crypto transactions as simple as swiping your phone to pay for coffee. The excitement is palpable, and these projects
Why BitGo Singapore Is the Biggest Bold Crypto Move in APAC This Year
BitGo is expanding presence in the Asia-Pacific region, the startup has established its subsidiary in Singapore as BitGo Singapore. It is an important and exciting news for the digital assets industry. This subsidiary seeks to offer the necessary solutions to address the increasing needs of the APAC market.
BitGo Singapore is reportedly set to provide cold wallet storage and support for more than 1,100 digital assets, voice trading, auto settlement services, and token management solutions fo
BitGo Singapore is reportedly set to provide cold wallet storage and support for more than 1,100 digital assets, voice trading, auto settlement services, and token management solutions fo
Truemarkets Raises $4.03M as Vitalik Buterin Buys 400 NFTs
Truemarkets, a decentralized prediction platform, successfully raised $4.03 million through its NFT sale. The platform sold 15,071 NFTs, priced at 0.08 Ethereum each. Ethereum co-founder Vitalik Buterin supported the project by purchasing 400 NFTs worth $107,000.
Vitalik Buterin Supports Truemarkets NFT Launch
With a strong funding foundation, Truemarkets has established itself as the leader of the decentralized prediction market. The platform will launch its TRUE token using its community-
JPMorgan and Mastercard Drive Blockchain Progress for Businesses
Blockchain technology saw a major leap forward through a collaborative partnership between payment giants Mastercard and JPMorgan Chase. By integrating Mastercard’s Multi-Token Network with JPMorgan’s rebranded Kinexys Digital Payments platform, formerly known as JPM Coin, this strategic alliance looks to transform cross-border business transactions.
The coupling is designed to streamline international B2B payments through increased transparency of fund flows, near-instant settlement finality a
The coupling is designed to streamline international B2B payments through increased transparency of fund flows, near-instant settlement finality a
What Does the SEC’s Loss in Texas Mean for DeFi’s Future?
A federal judge in Texas handed down a landmark decision Thursday, ruling that the U.S. Securities and Exchange Commission (SEC) failed to prove its attempt to regulate decentralized finance (DeFi) projects and users were lawful. In a ruling delivered Thursday, Judge Reed O’Connor ruled that the SEC had gone too far by expanding the term of who is a ‘dealer’ in securilaws ties to include DeFi protocols and transactions.
Led by the Blockchain Association, a leading crypto lobbying group, the sui
Led by the Blockchain Association, a leading crypto lobbying group, the sui
FTX Restructuring Plan Sparks FTT Rally: What’s Next for the Token?
The embattled crypto exchange FTX has sparked renewed interest in its native token, FTT, following the announcement of a court-approved restructuring plan. The token surged by 36% in a single day, reaching its monthly high of $2.61 and emerging as the top gainer among the top 100 cryptocurrencies.
FTX Restructuring Plan Fuels Market Optimism
FTX has confirmed plans to implement its restructuring framework soon, aiming to finalize arrangements with fund distributors by December and commence cre
FTX Restructuring Plan Fuels Market Optimism
FTX has confirmed plans to implement its restructuring framework soon, aiming to finalize arrangements with fund distributors by December and commence cre
MicroStrategy Crumbles 16% as Bitcoin Nears $100K—Here’s What’s Really Happening
MicroStrategy (MSTR), a company focused on Bitcoin development, reportedly saw its stock price drop by 16 percent on Thursday, although Bitcoin came close to $98K. This autumn added more fuel to the fire with regards to the company’s overvaluation, with some analysts now saying that its market cap is no longer connected to Bitcoin. In the latest information at the end of this week, Micro-Strategy market capitalization was over three times the amount of BTC on its balance sheet.
MicroStrategy’s
MicroStrategy’s
Ethereum Skyrockets as new Stealthily Launched Memecoin
The newly launched Memecoin CatSlap became an instant sensation as whales abandoned Popcat and embraced the newest entrant, creating an instant Ethereum price surge in the process.
According to data on top Memecoin trading site DexTools, CatSlap ($Slap) went live at 2 pm UTC and was trending at second position barely half an hour later. The price of $Slap surged 1,590% to reach $0.001994 in 30 minutes as investors joined the race to get a piece of the pie. While it may be too early to draw any
According to data on top Memecoin trading site DexTools, CatSlap ($Slap) went live at 2 pm UTC and was trending at second position barely half an hour later. The price of $Slap surged 1,590% to reach $0.001994 in 30 minutes as investors joined the race to get a piece of the pie. While it may be too early to draw any
DOGE Coin’s Explosive Potential: Analyst Predicts a Major Breakout
Dogecoin (DOGE) is gaining momentum, fueled by Elon Musk’s backing and increasing whale activity. As optimism grows around meme coins, a prominent crypto analyst has shared bold predictions for DOGE, highlighting its potential to reach unprecedented levels.
Elon Musk’s Focus on D.O.G.E. and Its Impact on Dogecoin
DOGE Coin is on an upward trajectory, thanks in part to Elon Musk’s renewed emphasis on the Department of Government Efficiency (D.O.G.E.). Musk’s involvement, coupled with investor e
Elon Musk’s Focus on D.O.G.E. and Its Impact on Dogecoin
DOGE Coin is on an upward trajectory, thanks in part to Elon Musk’s renewed emphasis on the Department of Government Efficiency (D.O.G.E.). Musk’s involvement, coupled with investor e
Why Crypto Traders See Opportunities After Gary Gensler Resigns as SEC Chair
On November 21st, 2024, Gary Gensler, the stern yet savvy chairman of the powerful Securities and Exchange Commission, revealed plans to resign effective January 20th, 2025 – coinciding with the inauguration of President-elect Donald Trump. Gensler’s productive yet turbulent tenure, which commenced in late April of 2021, was notable for the bureau’s relentless scrutiny of prominent crypto exchanges like Coinbase, Binance and Kraken.
His impending exit has buoyed optimism within the innovative y
His impending exit has buoyed optimism within the innovative y
Crypto Market Alert: Sudden Altcoin Crash Warning from Top Analyst
The Bitcoin market is in a strong bullish phase, with prices flirting with the $100,000 milestone. Since November 5, Bitcoin has surged by 45.65%, while the altcoin market has climbed an impressive 46.57%. Despite the optimism surrounding crypto, prominent analyst Michael van de Poppe has issued a stark warning about the possibility of sudden market crashes. His advice? Investors should avoid overconfidence and prepare for potential volatility.
What Are Sudden Market Crashes?
Sudden crashes, d
What Are Sudden Market Crashes?
Sudden crashes, d
Solana Reaches $260 Milestone as ETF Filings Go Crazy, What’s Driving the Rally?
Solana, one of the fastest-growing blockchain ecosystems, has reached an all-time high of $260. The token is up after several big companies filed ETFs. Investors are becoming more and more confident in SOL’s long-term prospects. Closing in on a $124 billion market cap, SOL is catching up to the top cryptos fast with massive volume and DeFi growth.
Solana ETF Filing Sends Market into Frenzy
The price of SOL went up largely due to the ETF filings submitted to the US SEC by Bitwise, VanEck, 21Sha
Solana ETF Filing Sends Market into Frenzy
The price of SOL went up largely due to the ETF filings submitted to the US SEC by Bitwise, VanEck, 21Sha
Brace for Impact: Bitcoin and Ethereum Face Major Price Waves
The cryptocurrency market is on edge today as $3.42 billion worth of Bitcoin and Ethereum options contracts are set to expire. With Bitcoin nearing its highly anticipated $100,000 milestone, this options expiry could drive significant short-term price movements. Both traders and investors are bracing for potential market turbulence.
Bitcoin and Ethereum Options Expiry: What to Expect
The crypto market is closely monitoring this critical options expiry. According to Deribit, 28,905 Bitcoin opti
Bitcoin and Ethereum Options Expiry: What to Expect
The crypto market is closely monitoring this critical options expiry. According to Deribit, 28,905 Bitcoin opti
Ripple’s XRP Token Is Exploding By 27% and Here’s Why You Should Care
XRP token used in the Ripple network reportedly jumped by 27% within one day and hit $1.39 for the first time since May 2021. This increase occurred at a time when the market for cryptocurrencies was becoming more positive and when the head of the US Securities and Exchange Commission, Gary Genzler, announced his readiness to leave his post in January 2025.
New research from The Block indicated that XRP token gained more than 150 percent in the last month, and its value has been almost frozen a
New research from The Block indicated that XRP token gained more than 150 percent in the last month, and its value has been almost frozen a
Ethereum Poised for Growth Amid Bitcoin Rally: A Golden Opportunity?
Bitcoin’s recent surge has captured the attention of the entire crypto market. However, Ethereum (ETH) is quietly showcasing significant potential for a price breakout. Historically, Bitcoin rallies have often paved the way for Ethereum’s strong performance, but the current mixed indicators make predicting Ethereum’s next moves challenging. Let’s dive into the network activity and key trends driving Ethereum’s prospects.
Rising Network Activity and Whale Movements
Ethereum’s blockchain has see
Rising Network Activity and Whale Movements
Ethereum’s blockchain has see
Bitcoin Set to Life After $100K with US Crypto Hopes
The price of Bitcoin jumped to over $99,200 on Friday morning before dropping to $98,600. It then rose further and traded at $99,000. The crypto market reached $3.4 trillion in capitalization and traded 2.20% higher in the last 24 hours. The cryptocurrency market is showing signs of an upward trend, with Bitcoin leading the list with a 2.19% increase. Bitcoin alone now commands more than 59% of the total market capitalization.
Funds that invest in the Bitcoin exchange-traded funds based in the
Funds that invest in the Bitcoin exchange-traded funds based in the
Crypto Andy Price Prediction: Forecast For 2024, 2025, and 2030
Cryptocurrency Andy (ANDY) was launched in 2021 to offer a platform for peer-to-peer transactions within a Decentralized Financial Ecosystem. Operating on the blockchain, ANDY provides a quick, reliable, and inexpensive transfer service along with dApps and smart contracts. Its platform offers different services, including staking, lending, and decentralized trading platforms (DEXs).
Since its start, coin has experience rapid expansion, which was only possible due to investments from new membe
Since its start, coin has experience rapid expansion, which was only possible due to investments from new membe
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$SHIB Price Prediction December 2024! 📍🚀🚀🚀📍
According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 3.21% 🚀🔥 and reach $ 0.00002780 by December 23, 2024.🚀🚀🚀
Per our technical indicators, 📉 the current sentiment is Bullish while the Fear & Greed Index is showing 93 (Extreme Greed).
Shiba Inu recorded 17/30 (57%) green days with 17.13% price volatility over the last 30 days. Based on the Shiba Inu forecast, it's now a good time to buy Shiba Inu.💸💸💸
lets study more📯📯📯
_SocialFi: Revolutionizing Content Creation 🌐_
SocialFi is poised to transform the future of content creation by empowering creators and rewarding engagement 🤝. This decentralized, community-driven approach reflects Web3 values, prioritizing transparency, fairness, and user ownership 🔓.
_ChannelVIP: A Web3 Pioneer 🚀_
ChannelVIP's engagement and revenue model exemplifies SocialFi's potential. By leveraging blockchain technology, ChannelVIP creates a transparent, token-based economy that rewards creators and users alike 💸. This approach fosters a collaborative community, where value is distributed fairly and users have a stake in the platform's success 🌈. As SocialFi continues to evolve, ChannelVIP's innovative model will likely inspire a new generation of decentralized content platforms 🌐.
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$COS @Contentos-COS
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