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Ethereum Analyst Predicts $3,700 Once ETH Breaks Through Resistance
Ethereum has been trading at its highest levels since late July, hovering around $3,470. This marks a significant rebound for the second-largest cryptocurrency, which has managed to hold above the…
Money market account rates today, November 25, 2024 (earn up to 5.01% APY)
A money market account (MMA) can be an attractive option for savers who want a safe place to store their funds. MMAs often come with higher interest rates than regular…
Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now
Jon Erlichman, a BNN Bloomberg commentator, recently conducted an informal survey on the streets, asking several people whether they would prefer a ticket to a Taylor Swift concert or a…
WBTC price flash crashes on Binance below $6k days after Coinbase delisting
The price of Wrapped Bitcoin tanked below $6,000 on Binance just a few days after Coinbase delisted it amid liquidity concerns. Wrapped Bitcoin (WBTC), issued by crypto firm BitGo, lost…
What are Real-World Assets (RWA) in Crypto?
Decentralized finance had offered an easy way to enter the crypto landscape with an innovative approach to conduct financial transactions. More people turned to DeFi with the hopes of earning…
Here’s Where Ethereum Could Finally Bottom Out Against Bitcoin, According to Crypto Analyst
Popular crypto analyst Altcoin Sherpa says that Ethereum (ETH) is likely approaching a cycle bottom in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 230,000 followers on the social…
Hedge funds bet against power and pile into materials, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds sold U.S. electric and water utilities stocks at the fastest pace in two months while buying U.S. materials stocks such as…
Coinbase Explores Blockchain Partnership With Kenya’s Safaricom
Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move aligns with Coinbase’s broader strategy of promoting crypto adoption in Africa, particularly in Kenya…
CatCoin ($CAT) Launches “Trail of the Cat” Airdrop Campaign on Solana
PRESS RELEASE. Muscat, Oman, November 25th, 2024, Chainwire. CatCoin ($CAT), a deflationary memecoin on Solana, introduced an airdrop campaign catering to its growing community. The “Trail of the CAT” airdrop…
Axie Infinity developer cuts 21% workforce: report
Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts. Sky Mavis, the developer of the blockchain-based game Axie Infinity,…
BitMEX Founder Arthur Hayes Unveils Massive Price Targets for Bitcoin (BTC) and Dogecoin (DOGE)
BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the…
Russia Cautious on Tokenizing Real-World Assets
The Bank of Russia’s report highlights the potential benefits of tokenizing real-world assets but also emphasizes the need for a clear regulatory framework. Expanding the Value of Traditional Assets While…
Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore a proposal by Max Keiser…
SEC Push Against Elon Musk Stalls as Judge Denies Sanctions
A U.S. federal judge declined the SEC’s request to sanction Elon Musk over his absence from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott…
Trump Treasury pick Scott Bessent to prioritize tax cuts, WSJ reports
(Reuters) -President-elect Donald Trump’s nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an interview published on…
Stocks, Bonds Rise as Traders Embrace Bessent: Markets Wrap
(Bloomberg) — Equities and Treasuries advanced, with traders welcoming Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice that would inject more stability into the US…
Gold Tumbles as Traders Turn Attention to the Fed’s Next Move
(Bloomberg) — Gold tumbled after surging by the most in 20 months last week, with traders ignoring a softer US dollar and shifting their attention to the Federal Reserve’s upcoming…
Bitcoin Price Levels to Watch as Key $100K Level Remains in Sight
Source: TradingView.com Bitcoin remains in focus to start the week as the cryptocurrency sits on the precipice of crossing the $100,000 mark for the first time. Since Donald Trump’s decisive…
New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn
U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking…
China Unearths Massive Gold Veins That Could Reshape Global Markets
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China…
Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan
Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings. Cantor Fitzgerald’s Crypto Strategy:…
Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month
A prominent crypto analytics firm is warning that on-chain data is indicating that traders are taking profits on their Cardano positions (ADA). Santiment says on the social media platform X…
Bond Market Halts Brutal Run as Buyers Pounce on 4.5% Yields
(Bloomberg) — The US bond market is finally showing signs of steadying after a two-month selloff, with investors starting to swoop in whenever yields test new peaks. Most Read from…
JPMorgan Casts Doubt on Elon Musk’s D.O.G.E. Pursuit of Federal Reform
JPMorgan has warned the Elon Musk-led Department of Government Efficiency (DOGE) will face significant hurdles, citing Congress’ control over spending. Elon Musk’s DOGE Sparks Debate as JPMorgan Casts Doubt on…