News

Bankless co-founder David Hoffman argues that Ethereum is technically independent of Bitcoin and could actually benefit from a Bitcoin collapse, especially in the face of threats from quantum computing.

SpaceX transferred 1,163 BTC worth over $105 million to two new wallets, while Bitcoin shows signs of recovery, rising above $90,000.

Crypto investor Didi Taihuttu shares his outlook on Bitcoin after it surpassed $91,000, discussing key resistance levels, accelerating adoption in Texas and France, and his cautious market strategy.

Merlin Chain experienced extreme volatility around its mainnet upgrade, plunging 50% before surging 150% and then falling again, leaving investors reeling.

XION token plunged 40% after a 300% surge, as speculators exited following a Bithumb listing in a classic ‘buy the rumour, sell the news’ event.

Major crypto exchanges like Binance and Coinbase are experiencing record inflows of stablecoins, Bitcoin, and Ethereum following recent market corrections, signaling potential significant price movements ahead.

Bitcoin surged over 3% yesterday, its best day in six weeks, climbing past $91,000 and suggesting the recent downturn may have ended. Altcoins followed the rally, with Kaspa, known as ‘Bitcoin 2.0’, leading the top 100 with a 17% surge.

Bitcoin is down over 20% in November, potentially ending its three-year winning streak for the month. However, analysts point to historical patterns and on-chain data suggesting a potential rebound, presenting both risks and opportunities for traders.

U.S. Bank, the fifth-largest bank in the U.S., is developing a stablecoin on the Stellar network, joining other major financial institutions exploring digital currencies. The move is partly driven by new U.S. legislation, the GENIUS Act, which aims to regulate and encourage the use of dollar-pegged stablecoins.

Economists indicate that M2 money velocity is unlikely to surge again soon, potentially pressuring Bitcoin’s price short-term, though long-term recovery may follow policy shifts.