Author: News Room

The Dune index, tracking on-chain activity and user profiles, points to a new all-time high of crypto adoption. The activity hinges on top chains, including Bitcoin (BTC), and points to both wallet growth and token turnover. The Dune index points to an all-time high crypto adoption, after a constant growth trend since September. The index expanded from a local low of 33 points to 84 points, coinciding with the all-time high of Bitcoin (BTC) above $99,600. On-chain data of crypto adoption surpassed the market peak in March, and reflected the most successful weeks of the bull market in the last…

Ethereum’s ecosystem and upgrades solidify its role as a cornerstone in decentralized finance. Solana and Polygon drive adoption with scalability and cost-effective solutions. Chainlink and Cardano bring utility and research-driven innovation to the blockchain space. Thus in the contemporary world investors seeking to make some money in the cryptosphere are looking for altcoins. November presents new opportunities and market changes and some of such altcoins might offer more to a high-value potential investment. To achieve such a portfolio, this article looks at five significant altcoins that should be brought into focus. Ethereum (ETH): The Backbone of Decentralized Finance It is…

A cryptocurrency trading expert has identified Ethereum’s (ETH) latest price surge as a key signal for the start of a new bull market, potentially propelling the asset to as high as $8,000 in the coming months. This momentum follows Ethereum’s breakout from a prolonged consolidation phase, which has signaled robust bullish sentiment as the asset edges closer to key resistance levels and the possibility of a new all-time high. Technical indicators point to a bullish breakout Alan Santana, a prominent cryptocurrency analyst, highlighted that Ethereum’s price rebound is largely anchored by the 200-day moving average (MA200), a critical long-term support…

A market speculator has shared a multi-year Stellar (XLM) price structure set to catalyze a four-figure surge past its all-time high, insisting XLM and XRP will surprise many. Stellar has recently managed an impressive price explosion, drawing initiative from a broader market bullish momentum. For context, the high-ranking crypto asset has grown 210% and 105% in the monthly and weekly timeframe, extensively rewarding holders. XLM continued its bullish upsurge today, having grown over 20% in the past 24 hours. The asset’s high spirit has elated its community and drawn the attention of notable market speculators. Among others, analyst Charting Guy…

Germany’s largest insurance company Allianz has made a significant investment in MicroStrategy’s recent $2.6 billion convertible note offering, acquiring 24.75% of the bonds. Data on the investment was shared by pseudonymous analyst Petruschki, who added a screenshot from the Bloomberg Terminal on a post on the microblogging platform X (formerly known as Twitter) showing Allianz’s purchase. The data shows that the investment was made across four of Allianz’s sub-organizations, including Allianz Global Investors Luxembourg, Allianz Global Investors of America, Nicholas Applegate Capital Management, and Allianz Global Investors GMBH. The investment could influence the ongoing cryptocurrency market rally, as MicroStrategy plans…

Bitcoin has reached a new all-time high, briefly trading at $99,500 during Friday’s intraday session before pulling back slightly. As of now, the cryptocurrency is priced at $98,675. With heightened trading activity as the market anticipates a breakthrough above the $100,000 psychological level, digital asset research firm 10X Research predicts Bitcoin could climb to $115,000 by Christmas. Why Bitcoin May Touch $115,000 Soon In its new report, 10X Research found that the BTC market has become flush with liquidity in the past few weeks, a key factor that could drive Bitcoin toward the projected $115,000 mark.  Stablecoin issuer Tether minted…

In the SEC’s latest report detailing the Examination Priorities for 2025, the Commission has reinforced its gameplan to keep a close eye on the crypto industry. As the market for digital assets continues to grow in both size and complexity—particularly with the introduction of Bitcoin ETFs and similar ETH products—the SEC’s Division of Examinations is […] Read the full article here

Polymarket, a leading blockchain-based prediction market, has restricted access to French users amid a government investigation into its compliance with national gambling laws, according to local media reports.The platform, known for enabling users to bet on real-world outcomes using crypto, implemented the block on Nov. 22. The move comes amid heightened scrutiny from France’s national gaming authority, the ANJ.French users blockedAs of press time, Polymarket’s official terms of service did not reflect the decision to block users. However, attempts to access the site from a French server resulted in a digital barrier.French crypto news outlet The Big Whale was among the…

As someone who has used Microsoft products my whole life, it pains me to see they are fumbling the bag on Bitcoin. The company’s $78 billion in cash reserves are losing value daily. Meanwhile, they stubbornly refuse to follow MicroStrategy’s proven winning strategy — convert those melting dollars to scarce Bitcoin! Microsoft announced a couple of months ago that it would buy back shares up to $60 billion; it seems like this did nothing to increase the stock price. Imagine if they had bought Bitcoin instead. That money would have been much more powerful if allocated to Bitcoin. The company…

AILayer has revealed its groundbreaking partnership with CycleX. AILayer is a leading force in Web3 technology while CycleX is a pioneering platform specializing in Real-World Assets (RWA). this collaboration is a significant milestone in bringing blockchain innovation with real-world applications. 🤝 #AILayer is thrilled to announce our partnership with @CycleXTeam!CycleX is an innovative platform dedicated to RWA (Real-World Assets), offering a comprehensive suite of features, including real-time RWA market data, tokenized fund issuance, and advanced DEX trading.… pic.twitter.com/gUtsNOjSW5 — AILayer (@AILayerXYZ) November 22, 2024 CycleX’s renowned and advanced platform offers real-time RWA market data. It also provides tokenized fund issuance…