Hyperliquid has distributed over 300 million HYPE tokens to eligible community members on Nov. 29. Source: https://cointelegraph.com/news/hyperliquid-hype-token-surges-after-billion-dollar-airdrop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
DOGE Nears 50 Cents as Meme Coins Dominate
The top meme coins made a splash on Friday, climbing 4.4% and lifting the sector’s collective market cap to an impressive $131.73 million. 90-Day Meme Coin Frenzy: GOAT Skyrockets Over 11,900% Though meme coins slipped slightly in overall sector rankings according to Artemis Terminal, they still managed to grow 4.4% in value over the past […] Source: https://news.bitcoin.com/doge-nears-50-cents-as-meme-coins-dominate/
Livestream Ban Backfires: Meme Coin Platform Pump.fun Sees Revenue Fall
Pump.fun has experienced a sharp drop in daily revenue after banning live streaming. Fake Suicide After experiencing steady growth since early November, the daily revenue of meme coin launching platform Pump.fun plummeted. Revenue dipped from a monthly high of $5.3 million on Nov. 24 to $3.6 million on Nov. 27. This sharp decline seemingly coincides […] Source: https://news.bitcoin.com/livestream-ban-backfires-meme-coin-platform-pump-fun-sees-revenue-fall/
New York regulator set to approve Ripple’s RLUSD stablecoin: Report
According to data from CoinGecko, the total stablecoin market capitalization is over $196 billion as of Nov. 29. Source: https://cointelegraph.com/news/new-york-regulator-ripple-rlusd-stablecoin-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP price chases $2 after bull flag breakout leads to new 2024 highs
XRP moves closer to $2 as new partnerships and a fresh round of trading volumes help send the altcoin to a new 2024 price high. Source: https://cointelegraph.com/news/xrp-price-chases-2-after-bull-flag-breakout-leads-to-new-2024-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong Gaming Firm Boyaa Dumps Ethereum to Add $50 Million to Bitcoin Stash
Gaming firm Boyaa Interactive announced Friday that it has swapped its Ethereum tokens for nearly $50 million in Bitcoin, as the world’s oldest cryptocurrency hovers just below a potential $100,000 price milestone. The Hong Kong-based gaming giant acquired approximately $49.5 million in Bitcoin this month, converting 14,200 Ethereum (ETH) for about 515 Bitcoin between November 19-28, the company said Friday…
Orange Partners With Openai and Meta to Develop AI Models for African Languages
Orange announced a partnership with Openai and Meta to develop AI models that understand African languages. Mitigating the Growing Digital Divide Orange, the French telecoms giant, announced on Nov. 26 that it will partner with Openai and Meta to fine-tune artificial intelligence (AI) large language models (LLMs) to understand African languages. Orange said the custom […] Source: https://news.bitcoin.com/orange-partners-with-openai-and-meta-to-develop-ai-models-for-african-languages/
Telegram Tap-to-Earn Game ‘Captain Tsubasa: Rivals’ Reveals Token Plans
After players spent the last couple months racking up millions of in-game soccer balls, the developers of Captain Tsubasa: Rivals—a tap-to-earn game on Telegram—announced first details this week about the planned crypto token attached to the game. Captain Tsubasa: Rivals will launch a token called JOHN, which “inspired by the adorable dog of our legendary goalkeeper Wakabayashi,” per an official…
Printemps Becomes First European Luxury Store to Accept Crypto Payments
The adoption of cryptocurrency payments by Printemps marks a milestone in the European luxury goods industry. Customers Can Now Buy High-End Fashion Products With Crypto Printemps, a leading French luxury department store has become the first major retailer in Europe to accept cryptocurrency payments. This bold move reflects the growing adoption of digital currencies in […] Source: https://news.bitcoin.com/printemps-becomes-first-european-luxury-store-to-accept-crypto-payments/
Crypto Biz: A crypto policy expert may run the SEC
This week’s Crypto Biz explores Singapore Gulf Bank’s plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald’s stake in Tether and the first DOGE ETP. Source: https://cointelegraph.com/news/crypto-biz-crypto-policy-expert-may-run-sec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound