November 18, 20240 Comments

Donald Trump’s Media Firm in Talks to Acquire Crypto Platform Bakkt

Donald Trump’s social media company, Trump Media and Technology Group, is in advanced discussions to buy Bakkt, a cryptocurrency-trading platform that is part of Intercontinental Exchange. The would-be all-stock deal fits TMTG’s plans to expand from its Truth Social platform. Shares of Bakkt jumped nearly 66% on the news before a halt was implemented due to volatility. This would also represent a significant expansion for TMTG into the cryptocurrency space,

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November 18, 20240 Comments

Pro-XRP Lawyer Provides Timeline For US SEC Approval

Pro-XRP lawyer Jeremy Hogan has provided insights into the potential timeline for the approval of an XRP exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). In a recent post on X (formerly Twitter), Hogan stated that the average timeframe for ETF approval ranges from six to twelve months. Based on this estimate, a decision on the XRP ETF application could be expected by mid-2025 if the SEC’s

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November 18, 20240 Comments

‘Next Chosen One’ Altcoin Could Significantly Outperform Solana (SOL), According to Macro Guru Raoul Pal

Macro guru Raoul Pal says that he’s taking a bet on an altcoin that he thinks could outrun Solana (SOL) in the current crypto market cycle. In a new interview with Kevin Follonier on the When Shift Happens podcast, the former Goldman Sachs executive says that Solana and its ecosystem look extremely healthy, and likely a “relatively safe” place to park capital for the bull run in digital assets. However,

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November 18, 20240 Comments

Coinbase Launches ‘COIN50’ Index Designed To Track Top Fifty Crypto Assets

US-based crypto exchange Coinbase just launched a new benchmark index for tracking the digital assets market. In a statement, the publicly-listed firm says the Coinbase 50 Index (COIN50) is a regulated benchmark representing the 50 largest crypto assets on its platform that meet the fundamental criteria for token economics, blockchain architecture and security. To qualify for entrance into the index, the assets must not be pegged to other digital assets,

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November 18, 20240 Comments

XRP Price Is Ready Parabolic Rally, Peter Brandt Says

Veteran trader Peter Schiff has stated that the XRP price is set for a parabolic rally, indicating that the crypto could soon enjoy another leg up just following its break above $1. The trader also explained what needs to happen before XRP can enjoy this parabolic rally. XRP Price Ready For Parabolic Rally In an X post, veteran trader Peter Brandt said that the XRP price is ready to rip,

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November 18, 20240 Comments

Vitalik Buterin Praises Starknet’s Efforts to Boost Ethereum Scaling Solutions

Starknet, a Layer 2 scaling solution, has introduced version 0.13.3 to enhance Ethereum’s efficiency by reducing blob gas costs fivefold. Ethereum co-founder Vitalik Buterin praised the update on social media, recognizing Starknet’s strides in improving rollup data efficiency, a crucial aspect of Ethereum scaling. Vitalik Buterin Applauds Starknet’s v0.13.3 for Cutting Blob Gas Costs by 5x In a recent post on X, Ethereum co-founder Vitalik Buterin acknowledged the advancements introduced

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November 18, 20240 Comments

Crypto News Digest by U.Today By U.Today

U.Today – U.Today has prepared a summary of the top three news stories over the weekend; check it out! XRP price hits $1 historic milestone Nov. 16 was widely celebrated among the XRP community as, on that day, Ripple-affiliated token XRP had reached a major price milestone of $1. Additionally, its market cap saw a 26.76% surge to $57.98 billion, and the trading volume reached $13.13 billion. Analysts suggest that

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November 18, 20240 Comments

Next-Gen Gamified Launchpad LaunchPunks Goes Live With Ghosty Cash

November 18, 2024 – Valletta, Malta LaunchPunks has officially launched, introducing a gamified and community-centric approach to the crypto launchpad landscape. Built on Bitcoin via the TAP Protocol, the platform emphasizes fairness, transparency and scalability while challenging traditional launchpad models. Ghosty Cash ‘Spooky’ – Supernatural utility Leading the charge with them is Ghosty Cash. Ghosty Cash represents an innovative approach to anonymous, cross-chain swaps, designed to challenge conventional DeFi models

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November 18, 20240 Comments

Fundstrat’s Tom Lee Highlights Why Bitcoin Price Rally May Continue

Fundstrat Head of Research Tom Lee has emphasized that Bitcoin’s recent surge could mark the beginning of a sustained rally. With Bitcoin’s price climbing 34% in November and currently trading near $91,395, Tom Lee outlined several factors suggesting the cryptocurrency’s upward momentum may persist. Tom Lee Highlights Why Bitcoin Price Rally May Continue Speaking in an interview with CNBC, Fundstrat Head of Research Tom Lee noted that Bitcoin’s recent price

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November 18, 20240 Comments

Web 3.0 Gaming Trailblazer Big Time Studios Announces OL Token for the OpenLoot Gaming Platform

November 18, 2024 – Austin, United States Big Time Studios, a Web 3.0 gaming trailblazer and creator of the Open Loot platform and hit game Big Time – which has already processed half a billion dollars in total transaction volume – is making waves again. Active users of the Open Loot platform will soon be able to collect OL, the marketplace’s first utility token, which will become the cornerstone of

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