News

The prices of Bitcoin (BTC) and Ethereum (ETH) have been experiencing a significant surge recently, coinciding with the increasing interest in cryptocurrency from Wall Street. BTC surpassed the $36,000 and $37,000 marks for the first time since May 2022, almost reaching $38,000 before retracing some of its gains. Similarly, ETH climbed above $2,000, reaching its highest level since the April Ethereum upgrade, also known as Shanghai.

A crypto analyst who accurately predicted the top of the 2021 Bitcoin bull market is now forecasting a potential pullback for Solana (SOL) and other altcoins. The analyst, known as Pentoshi, has a large following on the social media platform X and has shared his insights with over 700,000 followers.

A top crypto analytics firm, Santiment, has reported that wealthy investors, known as whales, are accumulating a significant amount of a popular Ethereum-based token. Over the past three months, these affluent buyers have been stacking up tokens of the decentralized oracle protocol Tellor (TRB), resulting in a surge in its value.

In the digital age, the concept of a safe haven has taken on new meanings. People are increasingly looking for ways to protect their assets from seizure and ensure their financial security. This has led to the rise of digital bearer assets as a safer alternative to traditional forms of currency.

A widely followed crypto strategist believes that Dogecoin (DOGE) is preparing for a significant upward movement. The pseudonymous analyst, Kaleo, predicts that DOGE will follow the footsteps of other altcoins that have recently experienced substantial gains.

Consensus 2024 is CoinDesk's highly anticipated annual event that serves as a gathering for all aspects of the crypto, blockchain, and Web3 communities. This event has a long-standing reputation for being the most influential in the industry. It brings together experts, enthusiasts, and innovators from around the world to discuss and explore the latest trends, developments, and opportunities in the crypto space.

Binance, the world's largest crypto exchange, has launched a new self-custody wallet that provides seamless access to the blockchain from the platform's mobile app. This wallet serves as a bridge between the exchange and decentralized finance (DeFi) ecosystems, empowering users to take control of their assets and engage in various activities.

In a recent floor statement, Representative Emmer proposed an amendment that aims to limit the Securities and Exchange Commission (SEC) from using funds for enforcement activities related to digital asset transactions. The amendment states that the SEC should only have jurisdiction over this asset class once Congress passes legislation granting them authority. Emmer expressed concerns about the effectiveness and competence of SEC Chair Gensler and believes that this measure will keep him in check. The purpose of the amendment is to provide the digital asset industry with an opportunity to grow and develop within the United States.

During the past 24 hours, the cryptocurrency market has experienced a surge in prices, resulting in the liquidation of hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) shorts. According to data from blockchain tracking platform Coinglass, the top crypto asset by market cap, Bitcoin, has seen over $131 million worth of short contracts liquidated. Ethereum and Solana have also witnessed significant liquidations, with $48 million and $9.56 million worth of short contracts liquidated, respectively.

TomiChain, the layer two scaling solution developed by Tomi, a DAO-governed Web 3.0 infrastructure project, is set to revolutionize the way Ethereum scales globally. With its innovative features and partnerships, TomiChain aims to address the technical obstacles and limitations that have hindered the widespread adoption of blockchain technology.

Yuga Labs, the heart of the Yuga community, organizes ApeFest to foster a sense of togetherness among its members. However, recent events have overshadowed the positive experience of ApeFest attendees.

Grayscale's Chainlink Trust (GLINK) has gained significant attention from institutional investors, as it is currently trading at a 223% premium. This indicates a strong interest in the digital asset investment product.

Camomile Shumba is a regulatory reporter based in the UK. She has previously worked as an intern for Business Insider and Bloomberg News. Camomile does not currently hold any digital currencies or projects.

In a recent interview, Gautam discussed the challenges of enforcing international cooperation in tracking arrangements. While stakeholders acknowledge the importance of such cooperation, they also recognize the difficulties involved.

G7 competition authorities and policymakers are utilizing their enhanced skillsets to monitor and anticipate potential threats to market competition. By scanning the horizon for early warning signs of conduct or market factors that could disrupt the balance of competition, they aim to maintain market contestability.

On December 2-3, 2023, Veloce Racing will compete in the Antofagasta Minerals Copper X Prix in Chile, showcasing a special one-off VEXT chrome livery. This design was chosen by the VEXT community, who were given the opportunity to vote between three unique designs. The winning chrome design will be applied to Veloce Racing's ODYSSEY 21 car, accompanied by a VEXT-inspired purple team kit.