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Here’s Why the Capybara Nation Crypto Token Is Soaring
Capybara Nation was one of the best-performing cryptocurrencies on Friday, Nov. 22, as it jumped by over 435% after a major listing.
The Capybara Nation (BARA) token surged to $0.00001358, giving it a fully diluted valuation of over $1.3 billion.
This rally occurred after the developers launched the airdrop, and the token was immediately listed by Crypto.com, one of the biggest crypto exchanges in the industry.
The listing happened partly because Capybara Nation is built on the Cronos (CRO) b
Tron price continued its strong momentum this week and reached an all-time high, pushing its market cap to over $17 billion.
Tron (TRX) surged to a record high of $0.2068, bringing its year-to-date gains to over 80%, making it one of the top-performing coins.
This rally coincided with the ongoing surge of other popular cryptocurrencies, with Bitcoin (BTC) approaching the crucial resistance level of $100,000 for the first time ever.
Tron is also rising as investors anticipate that a Trump-led
Anixa Biosciences Expands Treasury Strategy With Bitcoin
Cancer-focused biotech Anixa Biosciences announced plans to invest in Bitcoin to strengthen its financial strategy and enhance shareholder value.
The San Jose-based biotech firm stated in a Nov. 22 press release that it will allocate a portion of its treasury to Bitcoin (BTC), citing the asset’s “unique inflation-resistant qualities.”
In a Nov. 22 press release, Anixa said the move has been approved by its board as part of a broader strategy to diversify its cash holdings. The biotech firm emp
Allianz Insurance Buys Nearly 25% of MicroStrategy’s Bonds
German insurance behemoth Allianz Insurance purchases nearly 25% of MicroStrategy’s convertible note offerings valid until 2031.
Europe’s second largest insurance company now holds a quarter of MicroStrategy’s bonds from their previous convertible note sales. The notes held by Allianz are worth around $750 million.
cThe insurance company bought out 24.75% of MicroStrategy’s 2031 convertible note offerings which were sold for $3 billion during a three-day private offering for institutional buye
Polygon Teams Up With Foresight Venture-backed Stablecoin Network WSPN
Singapore-based stablecoin infrastructure startup WSPN partners with Polygon Labs to scale WUSD stablecoin use in payments in decentralized finance.
Worldwide Stablecoin Payment Network — also known as WSPN — has joined forces with Polygon Labs, the firm behind the Polygon blockchain, to expand the adoption of WSPN’s flagship stablecoin, WUSD. The strategic collaboration, announced in a Nov. 22 press release, aims to drive the use of the stablecoin across emerging markets.
Making Quantum Computing Accessible Through Decentralization | Opinion
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.
The next megacycle in computing is Quantum. Quantum computing is transforming industries from AI, pharmaceutical, and automotive to aerospace, finance, telecommunication, and research, but the required infrastructure, such as massive cooling systems, specialized facilities, and costly hardware, makes it work with its limits and largely inaccessible
Chart of the Week: Bitcoin Cash Eyes Double-digit Rally, Bullish Indicators Point to Gains in BCH
Bitcoin Cash (BCH) added nearly 35% to its value in the past month and rallied 12% on Nov. 21. Bitcoin’s (BTC) observed a rally to $98,384 early on Nov. 21, with BCH and other top cryptocurrencies tagging along for the ride.
An analysis of on-chain and technical indicators and data from the derivatives market shows that BCH could extend gains and retest its mid-April 2024 peak of $569.10.
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Bitcoin hits all-time high, fork from 2017 ignites hope for traders
Ukraine Officials Sharpen Skills in Crypto Crime Investigations With OSCE Training
OSCE reported twelve Ukrainian officials completed a three-day training on investigating crypto and blockchain transactions.
The Organization for Security and Co-operation in Europe announced on Friday, Nov. 22, that it had hosted a three-day training session to strengthen the ability of Ukrainian officials to investigate crypto-related crimes.
Per a press release, the online program focused on equipping participants with the skills to trace illicit activities on blockchain networks. During th
MicroStrategy Gains $2.97b to Buy More BTC After Convertible Note Offering
MicroStrategy has completed its offering of 0% convertible senior notes. The company states the net proceeds from the offering will be used to purchase more Bitcoin.
On Nov. 22, MicroStrategy’s executive chairman, Michael Saylor, announced that the company has completed its offering of convertible senior notes due for Dec. 1, 2029. The aggregate principal amount was previously announced to be $2.6 billion but it amounted to $3 billion after an additional $400 million worth of notes were issued
RWA Sector, Up 20% Over the Past 7 Days, Is One of the Leading Sectors in the Broader Market
The RWA sector doubled by more than 20% over the past week and now appears to be one of the strongest growing areas in the crypto market.
The real-world asset sector’s market capitalization is $40.41 billion, with a 24-hour trading volume of $3.22 billion. RWAs are gaining stability as the next point in the innovation process by being a bridge for blockchain technology that links real assets with art, commodities, and real estate.
The two sector leaders were Avalanche (AVAX), which rose 14.97%
SHIB Could Rally Over 50% If This Happens: Analyst
SHIB is gearing up for a massive bullish breakout as analysts predict a major upside for the altcoin, citing multiple bullish patterns.
In a Nov. 21 X post, Analyst Ali Martinez noted that Shiba Inu has formed a bull flag pattern on the 1-day chart. The pattern is considered highly bullish in technical analysis, and a break above it typically leads to major gains in the short term.
Martinez predicts that SHIB could climb to $0.000037—54% above its current price—if it successfully breaks and ho
Bank of Russia Flags Dual Risk Factors for Real-world Assets
The Bank of Russia warns that tokenized real-world assets pose new risks, including market volatility and regulatory challenges.
The tokenization of real-world assets remains in its early stages and currently poses no significant systemic risks. However, as the practice spreads, it may introduce critical risks, especially in capital flows to unregulated segments and the exposure of traditional financial players to cryptocurrencies, the Bank of Russia warns.
XRP Soars Nearly 25% After Gensler Exit Date Announced
XRP has gone up by 24.9% in the past 24 hours of trading. The token’s price bounced after SEC Head Gary Gensler announced he will be leaving his post, effective on Jan. 20 2025.
XRP token price chart in the past 24-hours of trading, November 22, 2024 | Source: crypto.news
According to data from crypto.news, XRP(XRP) is currently trading hands at $1.38 after going up by more than 24% in the past 24 hours of trading. In the past seven days, XRP has been on an ongoing rally with its price skyroc
OneCoin’s Ruja Ignatova Believed to Be Hiding in Cape Town
Cryptoqueen Ruja Ignatova, the mastermind behind the OneCoin Ponzi, may be hiding in South Africa, according to recent German investigations.
Ignatova, an Oxford-educated Bulgarian, vanished in October 2017 after defrauding millions through a fake cryptocurrency scheme, sparking numerous theories about her whereabouts, including claims that she may have been killed.
However, German detectives now suggest she has been residing in an upscale neighborhood near Cape Town, known for attracting for
Chainalysis: ETH Scams Linked to Japanese Crypto Exchanges Drop 69% in H1 2024
Illicit crypto inflows from Japanese exchanges have dropped in 2024, with ETH scams recording a 69% decline, data shows.
Crypto fraud and scam activity linked to Japanese crypto exchanges dropped significantly in the first half of 2024, according to data from blockchain analytics firm Chainalysis. Reported inflows to clusters identified as scams saw a 69% decline in Ethereum (ETH) and a nearly 50% drop in Bitcoin (BTC) compared to 2023 figures.
Cellula Generated $179m in Revenue; Is It the Next Big Web3 Gaming Platform?
Cellula, a blockchain gaming platform backed by OKX Ventures and Binance Labs, is securing its renown in the decentralized finance scene, recently outperforming every other protocol in 24-hour revenue.
Data from Defi Llama shows Cellula has generated an astonishing $179 million in 24-hour revenue on Nov. 21, placing it ahead of other top protocols like Tether, Solana, and Raydium.
Protocol fees | Source: Defi Llama
According to data from Defi Llama, about $8.95 million of this figure direct
Crypto Firms Vying for a Place on Trump’s ‘Crypto Council’: Report
Sources claim that figureheads from major crypto firms want a seat on Trump’s ‘Crypto Council,’ a government advisory board centered around digital assets that will establish the country’s Bitcoin reserve.
A recent Reuters report published on Nov. 21 stated that executives from major crypto firms such as Ripple, Kraken and Circle are competing for a seat at Donald Trump’s promised crypto advisory council.
Insider sources tell Reuters that the President-elect’s team is in the process of discuss