Crypto analyst Kaleo, renowned for his accurate predictions, foresees a substantial rally for Theta Network (THETA), a decentralized video delivery platform. He anticipates a surge of over 200%, driven by renewed interest in the social finance (SoFi) sector.
Theta Network, currently trading at $3.10, has the potential to exceed $10 according to Kaleo's analysis. He attributes this optimism to upcoming token releases such as ARENA and the FT airdrop, which are expected to rekindle investor attention.
Additionally, Kaleo expresses bullish sentiments towards TraderJoe (JOE), the native governance token of the Avalanche-based decentralized exchange (DEX). He projects JOE to reach $3.50 by April, supported by the AVAX memecoin frenzy and substantial incentives for liquidity pool staking.
Lastly, Kaleo highlights BNB's potential, particularly in its Bitcoin pair (BNB/BTC). He identifies a bullish pattern indicating a possible surge to 0.0102 BTC ($710) as BNB demonstrates higher low prices.
South Africa's Schindlers Digital Assets has created a legal process allowing cryptocurrency holders to buy property, making it easier to use digital assets for real estate transactions. The first event will be a property auction on 21 November 2024, marking a key step in integrating crypto with the real estate market.
AnaisMichael Saylor plans to present a Bitcoin investment strategy to Microsoft’s board ahead of a key vote on 10 December. The proposal, backed by shareholder activism, suggests Microsoft consider Bitcoin as a potential investment, citing MicroStrategy's success with the asset.
AnaisA Brazilian pianist lost access to his Bitcoin wallet worth over 2 million reais after misplacing his recovery phrase. Despite efforts to recover it, he faces the harsh reality that without the backup phrase and PIN, the funds are likely gone for good.
JoyNFT sales surged to $181 million in the week ending 17 November 2024, driven by the broader cryptocurrency market rally, particularly Bitcoin's rise. Ethereum and Bitcoin led the market, while other blockchains like Solana also contributed to the rebound.
AnaisSince Trump's election, Bitcoin has seen a surge of 230,000 new funded wallets, signalling strong retail interest driven by FOMO. This influx of new investors is contributing to Bitcoin's price stability and pushing its dominance in the crypto market above 50%.
WeatherlyZK International is adopting cryptocurrency payments, starting with Bitcoin, to improve transaction speed and reduce costs for global trade. This move aims to simplify cross-border payments and provide a more efficient and flexible financial system for its international partners.
WeatherlyBhutan’s Bitcoin reserves have now crossed $1 billion, positioning the nation as one of the top holders of cryptocurrency.
XingChiHe shared that he first stumbled upon cryptocurrency a few years ago and immediately piqued his interest. After doing his own research on it, he decided to do a little bit of personal investment on crypto.
XingChiThe FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
KikyoRoman Sterlingov, founder of the Bitcoin Fog crypto mixer, was sentenced to 12.5 years in prison for laundering over $400 million linked to illegal activities. He was also ordered to forfeit $395.5 million and his share in a Bitcoin wallet holding 1,345 BTC, worth over $103 million.
WeatherlyWilcox, in a blog post, cited concerns about his personal identity becoming overly associated with Zcash during his tenure as CEO. He expressed the belief that this dynamic could be detrimental to both himself and the cryptocurrency.
BrianUS bank SoFi strategically exits the crypto sector, emphasising the challenges faced in the volatile market.
Hui XinSoFi Technologies exits the crypto market due to regulatory pressures, transitioning clients to Blockchain.com. This move underscores industry challenges and a broader shift towards traditional banking practices.
Huang Bo
JinseFinanceBreakdown by Lars, Research Director at The Block.
TwitterFTX.US is no longer part of the Crypto Council for Innovation, an industry lobby group.
OthersThe biggest cryptocurrency expo in Southeast Asia will debut on October 6–9, 2022, in Thailand.
M Vision PLC
BeincryptoThe cryptocurrency market has been facing a second bloodbath without any gap for the first time in history, disrupting the ...
Bitcoinist