November 12, 20240 Comments

Shiba Inu Bull Run Helps Whale Net Millions In Profit, SHIB Price ATH in Sight?

Amid a positive momentum noted in the meme coin market today, a Shiba Inu whale garnered significant attention with his trading strategies. Recent on-chain data indicated that a smart whale sold a whopping 100 billion SHIB amid the coin’s bull run to make a remarkable profit. This saga has sparked market speculations surrounding the crypto’s future price movements, with investors speculating whether the token has more steam left. Shiba Inu

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November 12, 20240 Comments

hits record high near $90k, Doge surges on Trump hype By Investing.com

Investing.com– Bitcoin rose sharply on Tuesday, extending recent gains and notching new peaks as bets on friendlier regulation under a Donald Trump presidency continued to boost crypto markets. The world’s biggest cryptocurrency has been on a tear since last week after Trump won the 2024 presidential election. Bitcoin has also largely sustained its rally despite signs that risk appetite was cooling in other asset classes, especially stocks. Major altcoins also

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November 12, 20240 Comments

‘Ethereum is starting to catch a bid’ — US ETFs hit record $295M inflow

The United States spot Ether exchange-traded funds (ETFs) recorded their biggest day of inflows in history, as the crypto market continues to rally after Trump’s election victory.  The ETFs, which launched in July, recorded $294.9 million in inflows on Nov. 11 — smashing the previous record of $106.6 million on launch day.  The Fidelity Ethereum Fund (FETH) led the pack with $115.5 million in inflows — a record for the

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November 12, 20240 Comments

FTX Sues Binance and Changpeng Zhao for $1,800,000,000 Over ‘Fraudulent’ Transfers From SBF: Report

Bankrupt crypto exchange FTX is reportedly suing Binance and its former CEO Changpeng Zhao over alleged fraudulent transfers initiated by Sam Bankman-Fried. The estate of FTX, which collapsed in 2022 when Bankman-Fried mismanaged customer funds, is trying to retrieve $1.8 billion from Binance that it says was sent to Zhao in a stock repurchase deal, Bloomberg reports. Binance, Zhao and other executives from the exchange allegedly received the money from

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November 12, 20240 Comments

Pepe Coin Price Poised for 30% Upswing in Bullish Rally

Pepe (PEPE) price, a major meme coin, recently experienced a strong price surge, mirroring a broader cryptocurrency market rally. This increase reflects growing bullish sentiment, with investors showing confidence in further gains. Analysts expect continued momentum for altcoins, driven by a generally positive crypto market outlook. Pepe aims for a potential 30% increase as optimism rises across the sector. Pepe Coin Price Eyes Major Gains with 30% Bullish Potential Crypto

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November 12, 20240 Comments

Dogecoin Traders Eye $1 Target

Musk has discussed creating a “Department of Government Efficiency,” abbreviated as D.O.G.E, to make government spending more efficient. That has fueled expectation among traders that there could be more chatter of “DOGE” in mainstream media and retail trading circles, fueling attention and interest in dogecoin, as a CoinDesk analysis first noted in mid-October. Source link

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November 12, 20240 Comments

Ethereum Creator Vitalik Buterin Details Vision for New ‘Info Finance’ Branch of Crypto Amid Rise of Polymarket

Vitalik Buterin is outlining his vision for new crypto use cases pertaining to prediction markets following the rise of betting site Polymarket. In a new blog post, Buterin says that prediction markets are just one example of a “much larger incredibly powerful category,” which he dubs “info finance.” Says Buterin, “Info finance is a discipline where you (i) start from a fact that you want to know, and then (ii)

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November 12, 20240 Comments

Will Dogecoin Price Soar To $1.8 After Clearing A 3-Year Resistance?

Dogecoin price recorded 43.4% extended gains over the last 24 hours and is now trading at $0.4050. This increase follows Bitcoin’s aggressive surge to a new all-time high of $89,561. Moreover, the price rise has resulted in a breakout of a 3-year resistance level, which could catapult DOGE’s price back to its previous all-time high and higher, potentially to $1.8. Dogecoin Price Soars Amid Bitcoin Price Explosion Following BTC’s price

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November 12, 20240 Comments

Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K

It’s a sign that bullish long positions are likely getting crowded, and a slight price pullback could see over leveraged bulls capitulate, closing their longs and inadvertently exacerbating downside pressures in the market. Leverage washouts have been a common phenomenon in previous bull markets, often leading to a sudden double-digit percentage price drops. Source link

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November 12, 20240 Comments

Polymer Launches Real-Time Interoperability for Ethereum Rollups

November 11, 2024 – New York City, New York Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. By streaming messages, states and logs over IBC primitives – equivalent to Web 2.0’s TCP/IP – Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove any arbitrary state across rollups at vastly reduced overhead. Rollup/layer-two ecosystems have historically connected

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