Bitcoin’s rally continued and a number of other alts experienced powerful gains this week—for a number of reasons. Source: https://decrypt.co/205554/this-week-in-coins-bitcoin-hits-18-month-high-solana-market-cap-near-usdc
Month: November 2023
Is Crypto Winter Over? Depends Who You Ask
The chills of crypto winter have nipped at investors, companies, and coins for much of the past year. But, in light of Bitcoin’s recent surge past $37,000, some think that frigid market conditions may be finally easing up. On Wall Street, bull markets occur when a major stock market index like the S&P 500 or Nasdaq Composite rallies for a…
Singapore startup dtcpay launches retail crypto payments system with Chinese partners
Singapore-based dtcpay is launching a payment system that will use fiat and cryptocurrencies for in-store and online payments. The company mentioned Tether (USDT), Ether (ETH) and Bitcoin (BTC) in its announcement. The company is partnering with open-source blockchain PlatON for privacy-protected digital infrastructure and Allinpay International to create smart terminals and a digital interface. Both PlatOn and Allinpay are based…
Solana price hits a new 2023 high — What’s behind the SOL rally
Solana’s native token (SOL) experienced an impressive 22% surge on Nov. 10, breaking past the $54 mark for the first time since May 2022. Notably, this surge occurred amid the continuous selling of SOL tokens by FTX’s bankruptcy estate. The Delaware Bankruptcy Court approved the sale of the failed exchange FTX assets, which included 55.75 million SOL in September 2023.…
Here We Go Again: Pet Rock JPEGs on Bitcoin, Ethereum Sell for Over $100K
This week, half-giddy, half-cautious optimism spread across crypto circles as Bitcoin surged past $37,000 for the first time in 18 months on excitement regarding the approval a spot Bitcoin ETF, and Ethereum pumped past $2,100 on similar news of a pending ETH ETF application from BlackRock. There’s clearly an emergent hope within crypto that the bottom—finally—is in. But to those…
Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The exploiter behind the $116-million theft of assets from Mango Markets will face trial in April next year after the accused convinced the judge to postpone the fraud trial to April 8,…
Bitcoin ‘Terminal Price’ hints next BTC all-time high is at least $110K
If history repeats itself, Bitcoin will easily be able to deliver a six-figure price next cycle, according to the on-chain indicator. Source: https://cointelegraph.com/public/index.php/news/bitcoin-terminal-price-next-btc-all-time-high-at-least-110k
Researchers claim Bitcoin experiment generated almost 300% higher returns than hodling
A team of academic researchers from the International Hellenic University and Democritus University of Thrace in Greece recently published a paper supporting the “efficient market hypothesis” (EMH) for bitcoin trading. EMH is a controversial theory that the researchers claim contributed to the development of models capable of outperforming the hodl strategy by nearly 300% in simulated crypto portfolios. According to…
Bitcoin ‘Terminal Price’ hints next BTC all-time high is at least $110K
If history repeats itself, Bitcoin will easily be able to deliver a six-figure price next cycle, according to the on-chain indicator. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-terminal-price-next-btc-all-time-high-at-least-110k
How Gen Z Is Different: OTK Chief Strategy Officer Talks Creator Economy Shift and Rise of Kick
How Gen Z Is Different: OTK Chief Strategy Officer Talks Creator Economy Shift and Rise of Kick One True King, an esports and gaming lifestyle brand and media company, was founded by creators like Asmongold and Mizkif. OTK’s Chief Strategy Officer Zachary Diaz, who previously worked at TikTok and Twitch, shares with Decrypt’s Kate Irwin about how the creator economy…