Multiple valuable meme coins set new all-time high prices on Friday and Saturday after others did so earlier this week, as the broader post-election crypto market spike—and particularly the resurgence of original meme coin Dogecoin—drove demand for the volatile assets. Bonk (BONK), the second-largest Solana meme coin by market cap, hit a new high of $0.000047 on Friday, breaking a…
Month: November 2024
Former SEC Official Calls for Gensler to Resign, End All Crypto Crackdowns
A former SEC enforcement chief has called for Chair Gary Gensler to resign and end crypto enforcement, citing Trump’s victory and stating: “the people have spoken.” Former SEC Enforcement Chief Wants Gary Gensler Step Down and Crypto Cases End Former chief of the U.S. Securities and Exchange Commission (SEC) Office of Internet Enforcement, John Reed […] Source: https://news.bitcoin.com/former-sec-official-calls-for-gensler-to-resign-end-all-crypto-crackdowns/
Nigerian Crypto Industry Players Applaud Proposal to Jail Ponzi Operators
Nigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s digital asset industry have hailed a draft bill proposing hefty fines and jail […] Source: https://news.bitcoin.com/nigerian-crypto-industry-players-applaud-proposal-to-jail-ponzi-operators/
Saylor doubts $60K Bitcoin retrace, BTC ETF options, and more: Hodler’s Digest, Nov. 10 – 16
Bitcoin trader eyes $100K price tag by Thanksgiving day in US, Bitcoin ETF options pass ‘second hurdle’: Hodlers Digest Source: https://cointelegraph.com/magazine/bitcoin-price-thanksgiving-trader-btc-etf-options-cftc-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak
Over the past 14 days since Nov. 2, an eye-popping $9.736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powerhouse in the crypto world, holding immense value and influence. Over the last two weeks, […] Source: https://news.bitcoin.com/a-9-7-billion-boom-in-14-days-stablecoin-market-eyes-historic-peak/
Rise of the Machines: African Students Fear AI Will Steal Their Jobs
African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI Dilemma Some African University students have voiced concern over the growing adoption of artificial intelligence (AI) and its potential impact […] Source: https://news.bitcoin.com/rise-of-the-machines-african-students-fear-ai-will-steal-their-jobs/
Ripple Labs and CEO come under fire amid rumors of a Trump meeting
Ripple’s native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US. Source: https://cointelegraph.com/news/ripple-ceo-comes-under-fire-amid-rumors-trump-meeting?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Phantom Wallet Update Leaves Trader With a $1 Million Loss Lesson
A recent update of Phantom, the signature self-custody wallet for the Solana blockchain, logged a meme coin trader out of his account, causing him to lose $1 million. 0xFiyopi, the affected trader, stated that he lost access to these wallets because he did not save the associated seed phrase. Phantom Wallet Update Causes Losses for […] Source: https://news.bitcoin.com/phantom-wallet-update-leaves-trader-with-a-1-million-loss-lesson/
Digital Collectibles Explode—Cryptopunks Soar 665% Amid $179M NFT Market Surge
With crypto markets buzzing this week, non-fungible token (NFT) sales followed a similar trajectory, climbing an impressive 90.74% compared to the previous week. Ethereum and Bitcoin NFT Collections Fuel a $179M Weekly Bonanza From Nov. 9 to Nov. 16, NFT sales totaled $179.48 million, as reported by cryptoslam.io. Ethereum NFTs took the lead among 21 […] Source: https://news.bitcoin.com/digital-collectibles-explode-cryptopunks-soar-665-amid-179m-nft-market-surge/
Chainlink introduces the 'Chainlink Runtime Environment' framework
According to Chainlink, the Common Businesses-Oriented Language (COBOL) standard facilitates approximately 95% of all ATM transactions. Source: https://cointelegraph.com/news/chainlink-introduces-chainlink-runtime-environment-framework?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound