Day: November 28, 2024

The rejection of Near Protocol (NEAR) and BONK price has pushed some traders’ portfolios into the red. Near Protocol (NEAR) dropped below the $6 level; however, it quickly recovered, forming a bullish candle. At the same time, BONK has continued the down rally, decreasing 35% from the recent peak.  The market has presented DTX Exchange…

A massive INJ whale has made $7.39 million from selling 243,699 $INJ tokens in just 12 hours. This sudden sale put pressure on the market because there were a lot of tokens suddenly available for buyers, leading to a 7.7% price drop.  According to Spot On Chain, the majority of the tokens from this investor…

Hong Kong is moving to solidify its status as a financial and crypto hub by proposing tax exemptions for hedge funds, private equity funds, and high-net-worth family offices, the Financial Times reported on Nov. 28. The proposal, outlined in a 20-page government document, aims to bolster the city’s appeal to global asset managers and high-net-worth…

Vancouver Mayor Ken Sim has revealed plans to incorporate Bitcoin (BTC) into the city’s investment portfolio, aiming to position the town as a crypto-friendly hub. This initiative seeks to diversify the city’s financial assets by including Bitcoin on its balance sheet. The Mayor’s Plan During a November 26 Vancouver city council meeting, Sim introduced a…

BNB Price is just 10% away from its previous all-time high, surging 181.79% this year as it continues to display strong market performance. However, recent indicators, including the ADX and Ichimoku Cloud, suggest that the current uptrend may be losing steam. While the bullish structure remains intact, with key resistances within reach, momentum will need…

The current bull market has sparked a surge in whale activity, as large investors target top crypto coins with the highest potential. Among them, the NEAR Protocol price is marching on with bullish momentum, climbing steadily toward the $9 mark. The Litecoin price forecast, meanwhile, has drawn attention with a 73-day buying spree by whales,…

With the recent warm-up in the crypto market, the focus of investors has shifted to altcoins that provide astronomical returns. Some of the top-performing ones are Rexas Finance (RXS), Aptos (APT), Cardano (ADA), Toncoin (TON), Stellar (XLM), and Bonk (BONK). These tokens are enabled by solid fundamentals, creative ecosystems, and market momentum to offer investors…

Coinbase will halt rewards for USD Coin (USDC) holders located in the European Economic Area (EEA) on Dec. 1 due to the upcoming Markets in Crypto-Assets (MiCA) regulation, according to an email sent to customers on Nov. 28. The exchange said the move is a result of the new requirements for e-money tokens, which is…

Shibarium is exploring integration with Chainlink’s Cross-Chain Interoperability Protocol, potentially revolutionizing blockchain connectivity and token transfer mechanisms. The network’s developer discovered a sophisticated “PriceRegistry” smart contract, suggesting advanced cross-chain token conversion capabilities through Chainlink’s infrastructure. Shibarium, a layer-2 blockchain bolstering the Shiba Inu ecosystem, is poised for integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) —-…

Bitcoin (BTC) is approaching a $2 trillion market cap, currently at $1.89 trillion, after rising 38% in the past month and breaking new all-time highs in November. Expectations remain high as BTC price nears the $100,000 milestone, a level it is less than 5% away from reaching. While the ADX suggests the trend is weakening,…