Key development reinforces QCP Trading’s commitment to regulatory excellence in Singapore. SINGAPORE, Nov. 11, 2024 /CNW/ — QCP Trading Pte. Ltd. (“QCP Trading”), has received an In-Principle Approval (“IPA”) for a Major Payment Institution (“MPI”) License from the Monetary Authority of Singapore (“MAS”). The IPA represents an essential step toward full licensing, allowing QCP Trading to prepare to offer regulated…
Month: November 2024
‘Binance Effect’: Peanut the Squirrel, Act I: The AI Prophecy Meme Coins Skyrocket
Two rising Solana meme coins created via the Pump.fun launchpad have skyrocketed in price after Binance announced that it will list the tokens for spot trading. With this, one of the token’s apparent co-founders has spoken out about the creation of the meme coin, asking for it to be rebranded. Act I: The AI Prophecy (ACT) and Peanut the Squirrel…
Bitcoin Breaks $82,000 Barrier as Meme Coins like Dogecoin, Pepe Unchained Also Surge
Bitcoin just blew past $82,000, hitting a new all-time high as the crypto market stays on a hot streak after Trump’s election win. But it’s not just Bitcoin making moves. Meme coins are also exploding, with Dogecoin and Pepe Unchained being two of the biggest gainers. Bitcoin Hits New All-Time High – Is $100,000 Next? […] Source: https://news.bitcoin.com/bitcoin-breaks-82000-barrier-as-meme-coins-like-dogecoin-pepe-unchained-also-surge/
Bitcoin price gains see ‘significant pullbacks’ ruled out before $150K
Bitcoin (BTC) took daily gains to 4.5% on Nov. 11 as an unlikely weekend of upside held firmly in place. BTC/USD 1-hour chart. Source: TradingView BTC price knocks on $85,000 Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum passing $84,000 after the Wall Street open. Now up nearly 25% in the past seven days, BTC/USD showed no…
Flare Co-Founder: Why Decentralized Data is Vital for Blockchains
Flare Co-Founder: Why Decentralized Data is Vital for Blockchains Current and future use cases of blockchains require vast amounts of data, Flare Co-Founder and CEO of Flare Labs Hugo Philion tells Decrypt. He argues that traditional oracles fall short, and what’s needed is a fully decentralized solution to realize the “future value” of the industry. Source: https://decrypt.co/videos/interviews/egSrTSm9/flare-co-founder-why-decentralized-data-is-vital-for-blockchains
What happened to the top 10 cryptos from when Trump was last president?
Bitcoin has hit new all-time highs as President-elect Donald Trump secured victory in the 2024 United States presidential election. Set to return to the White House after departing in January 2021, Trump now appears to be bringing a pro-crypto stance with him. His campaign made several pledges in support of the cryptocurrency sector, marking a difference with the previous administration.…
FTX Sues Binance for $1.76 Billion, Accuses CZ of ‘Reckless Disregard’ for Its Customers
Two years after its bankruptcy filing, defunct crypto exchange FTX has filed a lawsuit in the Delaware Bankruptcy Court against Binance Holdings Ltd. and its former CEO Changpeng Zhao, seeking to recover at least $1.76 billion in “fraudulently transferred” funds. In the lawsuit filed on Sunday, the FTX bankruptcy estate alleges that “at least $1.76 billion worth of cryptocurrency was…
Bitcoin Hits Record Price Highs Amid Market Euphoria; QCP Capital Warns of Possible Pullbacks
Singapore-based QCP Capital warns of volatility amid bitcoin’s rally to record highs, as market analysts note key upcoming events could impact the bullish trend. Bitcoin Hits New Highs but Market Remains Balanced QCP Capital reported that bitcoin (BTC) reached fresh highs, but noted that overall market volatility has remained muted. This relative stability is attributed […] Source: https://news.bitcoin.com/bitcoin-hits-record-price-highs-amid-market-euphoria-qcp-capital-warns-of-possible-pullbacks/
Flare Network CEO: Why Decentralized Data is Vital for Blockchains
Flare Network CEO: Why Decentralized Data is Vital for Blockchains Current and future use cases of blockchains require vast amounts of data, Flare Network CEO Hugo Philion tells Decrypt. He argues that traditional oracles fall short, and what’s needed is a fully decentralized solution to realize the “future value” of the industry. Source: https://decrypt.co/videos/interviews/egSrTSm9/flare-network-ceo-why-decentralized-data-is-vital-for-blockchains
MicroStrategy Now Holds Nearly $23 Billion in Bitcoin With Latest Buy
Software company-turned Bitcoin development firm MicroStrategy now owns $22.8 billion worth of the leading cryptocurrency after snapping up another 27,200 BTC. The company said Monday that it scooped up 27,200 Bitcoin between October 31 and November 10, spending just over $2 billion—an average price of $74,463 per coin. The Tyson, Virginia-based firm now holds 279,420 Bitcoin in its treasury. MicroStrategy…