The popular television show Saturday Night Live recently poked fun at Dogecoin, implying that the new Argentinian president, Javier Milei, may consider adopting DOGE.
The joke reflected the unstable nature of Dogecoin and the Argentinian peso.
Argentina’s new president is pro-crypto
Dogecoin has a market cap within the top 10, with approximately $141 billion in circulation and a trading value of around $0.077.
The Fear & Greed index indicates a “greed” trend at 73. Still, predictions suggest that Dogecoin will remain stable in the short term, with expected trading prices ranging between $0.0659 and $0.08 in December.
In a series of unexpected announcements, Changpeng Zhao, founder and former CEO of Binance, announced his exit from the exchange. This has triggered different opinions and price forecasts for top altcoins like BNB and Rebel Satoshi ($RBLZ). What are the market experts saying? Let’s get the latest from them!
Binance Users Pull Over $1 Billion from the Exchange Following CZ Indictment Withdrawals from Binance have surpassed $1 billion since November 21, excluding Bitcoin, as blockchain analysis firm Nansen reported. This surge follows Changpeng Zhao's resignation and guilty plea in a deal with the Department of Justice.
Simultaneously, liquidity has decreased by 25% as market makers retract their positions, according to Kaiko. The native token of the exchange, BNB, has declined by over 6.90%, from $253.64 before the announcement to $236.14 on November 22.
On November 21, Binance agreed to pay $4.3 billion in fines to the U.S. government, marking the conclusion of a lengthy investigation into the cryptocurrency exchange. While withdrawals are rising, there hasn't been a significant "mass exodus" of funds from the exchange yet.
XRP retests $0.93 XRP fell to $0.58 last week but recovered to $0.62 and is now approaching the horizontal resistance zone. On the weekly timeframe, technical analysis shows that
Shiba Inu may break Shiba Inu is up 10.7% in the last 30 days. The 30-day average for Shiba Inu also increased, with a trading volume of $110,502,553, indicating significant market activity. In 2023, the Shiba Inu ecosystem expanded with the introduction of the Shibarium layer-2 network and its proprietary name service. This initiative aims to strengthen the fundamentals of the Shiba Inu network. Additionally, the upcoming launch of SHIB: Metaverse may trigger more demand. Analysts expect SHIB to reach $0.000013 in the coming year.
Specifically, George cited analysis from Standard Chartered Bank, which has annual revenues of over $500 billion.Their analysts predict Bitcoin will reach $120,000 by 2024 for two main reasons?supply shocks from Bitcoin (BTC) miners holding more coins post- halving and increased demand from spot Bitcoin ETF approvals.🔥🔥
Ripple recently entered into a partnership with HSBC, one of the largest banks in the world. Many consider this collaboration a significant step towards wider adoption of Ripple's XRP Ledger (XRPL) and its related cryptocurrency, XRP. Contrary to speculation linking HSBC's decision to Ripple's recent acquisition of Metaco, a Swiss custody company, it has emerged that Metaco has been actively pursuing the bank for more than 18 months. $XRP
Alleged Hacking Incident Linked to Massive Mistake Costing 83.65 BTC Bitcoin The alleged victim, @83_5BTC, revealed that after transferring 139 BTC to a new cold wallet, the funds were immediately redirected to another wallet by the attacker. The transaction split the amount, sending 55.77 BTC to the hacker's wallet, while the remainder, 83.65 BTC, was paid as a transaction fee. This incident surpassed the previous high fee record of 19.8 BTC. $BTC $ETH $BNB
Binance crypto exchange will discontinue support for deposits and withdrawals of TORN, the native token for the Tornado Cash crypto mixing service, approved in August 2022.
In a blog announcement on Monday, November 27, 2023, the exchange said it would delist TORN as well as BitShares (BTS), PERL.eco (PERL) and Waltonchain (WTC) on December 7, 2023 at 03:00 (UTC).
After the deadline, Binance will stop accepting deposits with tokens. TORN, BTS, PERL and WTC withdrawals from Binance are expected to be suspended on March 7, 2024 at 03:00 (UTC).
Terra ecosystem's three tokens — Terra (LUNA), Terra Classic (LUNC) and TerraClassicUSD (USTC) — have gained momentum following last week's update. immersion The surge comes a week after Terraform Labs deployed $10 million worth of assets across three different liquidity pools. LUNA is up 22% in the last 24 hours and trading at $0.83 at the time of writing. The asset's market capitalization rose to $490 million, making it the 99th largest cryptocurrency. Terra's 24-hour trading volume also saw a 400% spike, reaching $485 million.🔥🔥
When is the Next Bitcoin Halving Date? The next Bitcoin halving date is scheduled to take place at block 840,000 - predicted to occur on April 26, 2024 at 12:57:23 PM UTC. On the Bitcoin halving date - the block reward is scheduled to drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block.
The phenomenon of the fall of two cryptocurrencies made by Terra, namely LUNA and TerraUSD (UST), caused a stir among investors and traders in the crypto market. Even now, the excitement from the fall of the two Terra digital coins (tokens) is still happening, even though the prices of both have begun to recover even though they are still far from their psychological level before the serious fall. Will they rise 🔥