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
Category: News
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
'There is a global race underway for Bitcoin' — Anthony Pompliano
The election of a pro-crypto President in the United States and growing macroeconomic turmoil will continue to drive investors to Bitcoin. Source: https://cointelegraph.com/news/global-race-underway-bitcoin-anthony-pompliano?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Technical Analysis: BTC Holds Above $90K Despite Consolidation
Bitcoin has been holding steady at $90,258 to $90,509 over the last hour and indicators suggest a continuation of positive momentum, though minor pullbacks across timeframes hint at chances for strategic moves. Bitcoin Bitcoin‘s hourly chart showcases a recent climb to $91,909, followed by a slight dip. Recent drops signal bearish movement, but the decline […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-holds-above-90k-despite-consolidation/
Cango Inc. Completes Cash-Settled Acquisitions of Crypto Mining Assets
SHANGHAI, Nov. 15, 2024 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced that it has completed the previously announced acquisition of on-rack crypto mining machines with an aggregate hashrate of 32 Exahash per second (“EH”) for a total purchase price of US$256 million in cash (the “Cash-Settled Transaction”)…