Author: News Room

Bitcoin price is rising steadily above the $95,000 zone. BTC is showing positive signs and might soon hit the $100,000 milestone level. Bitcoin started a fresh increase above the $95,000 zone. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $95,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $100,000 resistance zone. Bitcoin Price Sets Another ATH Bitcoin price remained supported above the $92,000 level. BTC formed a base and started…

Four crypto traders have reportedly netted millions through smart $SHRUB trading. Ethereum memecoin, $SHRUB has captured the attention of crypto traders and investors for significant ROIs. The coin is setting the stage on fire by soaring to $230 million market cap after a 50x surge in just two weeks. ‘Smart traders’ exit their $SHRUB positions…with huge profits.Ethereum memecoin $SHRUB (@ShrubHedgehog) soared past $230 Million market after gaining 50X in two weeks. Beneficiaries of this move appear to be cashing in on their bets. According to our premium Smart Traders… pic.twitter.com/VgBDnJ1FQt — DexCheck AI (@DexCheck_io) November 21, 2024 The savvy crypto…

Ethereum (ETH) lost its three-year support against Bitcoin (BTC) as the most prominent cryptocurrency rallied towards its $100,000 target on Friday, November 22. ETH has faced sticky resistance at $3,500 for nearly four months while competitors hit record highs this cycle. Table of Contents Ethereum loses favour with institutional investors, ETF performance lacklustre Solana challenges Ethereum’s dominance, on-chain analysis Bitcoin leads cryptos with digital gold narrative Ethereum future expectations and technical analysis Strategic considerations Ethereum loses favour with institutional investors, ETF performance lacklustre Ethereum slipped to a low of 0.03187 against Bitcoin on Friday, November 22. As Bitcoin made its…

Stellar Lumens continued its strong comeback, rising for three consecutive weeks and reaching its highest level since 2021. Stellar (XLM) price jumped to $0.3052, driven by the ongoing cryptocurrency bull run and the fear of missing out. Its surge has coincided with the ongoing Ripple price rallywhich saw Ripple jump to $1.5, its highest level since May 31. This rally is attributed to investor anticipation that the Securities and Exchange Commission will end its litigation on Ripple Labs. Ripple and Stellar have two important similarities. Both were designed to disrupt the payment industry. Ripple aims to help institutions send money…

According to CNBC, Dan Gallagher, chief legal officer at Robinhood, is not going to spearhead the U.S. Securities and Exchange Commission. Gallagher was the favorite of betting markets. As reported by U.Today, he had a 61% of becoming the next SEC head, according to bettors on Kalshi. However, his nomination chances sharply dwindled. Now, Paul Atkins, CEO of Patomak Global Partners, has emerged as the next clear frontrunner. He now has roughly a 60% chance of becoming the next SEC boss, according to Kalshi users. On Thursday, Fox Business reporter Charles Gasparino revealed that Atkins was “in the led position”…

Polymarket, a decentralized prediction platform, has restricted access for French traders following an investigation into its compliance with gambling laws by France’s national gaming authority, the ANJ.  Reports emerged Friday that French users attempting to access the platform via a VPN encountered access blocks. This ban has yet to be formally added to Polymarket’s terms of service.   Polymarket Continues to Face Strong Regulatory Scrutiny The scrutiny comes from a French trader’s large bets on Donald Trump winning the 2024 US Presidential election, raising concerns about the platform’s operations in France.  A French journalist on social media highlighted the restriction, sparking…

Stablecoins and staking services will be covered by the regulations which will provide clarity for the crypto sector in the United Kingdom. UK Looking to Attract Crypto Companies The United Kingdom (U.K.) plans to share a legislative framework to regulate the cryptocurrency industry early next year, as the U.K. attempts to keep up with crypto […] Read the full article here

A dog-themed meme asset that rivals Dogecoin (DOGE) and Shiba Inu (SHIB) is flourishing after gaining support from top US-based crypto exchange platform Coinbase. In a new thread on the social media platform X, Coinbase says it’s adding support for Floki (FLOKI), a memecoin launched in 2021 inspired by billionaire Elon Musk’s pet dog. “Coinbase will add support for FLOKI (FLOKI) on the Ethereum network (ERC-20 token)… Trading will begin on or after 9AM [Pacific time] on 21 November 2024, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our FLOKI-USD trading pair will…

A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout. Crypto trader Michaël van de Poppe tells his 740,700 followers on the social media platform X that Aptos (APT) may surge by more than 65% from its current value after breaking out of a key resistance level. He also believes the announcement that Aptos will support stablecoin USDC on its blockchain is a bullish catalyst. “APT is one of those chains with a massive capacity to facilitate transactions. The price action looks excellent too. Broke a significant resistance zone and great…

[PRESS RELEASE – London, United Kingdom, November 22nd, 2024] The memecoin market is evolving rapidly, with Pepeto ($PEPETO) emerging as a project focused on supporting and integrating all memecoins through its multifaceted ecosystem. Offering features such as a zero-fee trading platform, a blockchain bridge, and a swap solution, Pepeto aims to enhance interoperability, accessibility, and liquidity in the memecoin space. With its presale price currently set at $0.000000093 and a total token supply of 420 trillion, matching that of Pepe, Pepeto seeks to establish itself as a competitive player in the memecoin ecosystem as it builds out its platform. A Revolutionary…