Bitcoin’s holders continued to show faith in the king coin. Miners turned hopeful as well, as exemplified by Bitfarm’s investment. Bitcoin [BTC] has steadily stayed around the $37,000-$38,000 mark despite rising hopes about a move to $40k. However, this has not dulled the optimism of BTC enthusiasts in the slightest. High on momentum Bitcoin is experiencing strong momentum, coinciding with substantial holder positions. Signs of profit-taking are emerging, particularly among Short-Term Holders (STH), who historically impact prices despite being marginal liquidity holders. Long-Term Hol ..read more

  Solana observed a massive spike in stablecoin volume. The price of SOL grew, however sentiment around it fell. Solana [SOL] has been one of the protocols that has faced the most ups and downs over the past few years. Amidst multiple downtimes, and the FTX FUD, the Solana protocol has remained resilient. More stablecoin flows According to recent data, Solana’s monthly USD Coin [USDC] transfer volume surpassed $70 billion in one month. This notable transaction number was good news for the platform, as it made more people interested in using its services. Really encouraging to see such ..read more

  This is part of an ongoing and publicized feud between the two entities. The feud has not only played out in the courtroom but has also drawn regulatory attention. In a recent court filing on Tuesday, crypto lender Genesis Global Capital launched a legal offensive against cryptocurrency exchange Gemini Trust, seeking to recover a substantial sum exceeding $689 million. This move is part of an ongoing and publicized feud between the two entities, stemming from the collapse of FTX [FTT] and subsequent bankruptcy proceedings initiated by Genesis in January. The latest legal action is mar ..read more

  The volume of Ordinals inscriptions resumed its trend above 100,000 as of press time. ORDI remained above its listing price despite declines. The inclusion of the Ordinals token in the listings on exchanges has led to renewed interest in inscriptions, as per recent statistics. Additionally, these inscriptions have reshaped the NFT space, with Bitcoin [BTC] Ordinals NFTs taking the lead as of press time. Ordinals remains active Despite experiencing a notable decline in activity a few months ago, the Bitcoin Ordinals inscriptions persisted. A recent examination of the daily volume on Du ..read more

  Whale activity around LINK surged during its bull rally.  Liquidation increased, and market indicators turned bearish on LINK. Chainlink [LINK] gained bullish momentum last month as its price rallied substantially. The recent uptrend allowed the majority of investors to earn profit, which was evident from a look at the latest data. However, the bull rally seems to have come to an end as LINK’s daily chart turned red. A quick look at Chainlink’s rally A check of CoinMarketCap’s data revealed that the token’s price surged by more than 95% over the last 30 days.  This price upt ..read more

  Hong Kong lawmakers have become interested in Bitcoin of late. The king coin’s 2024 halving poses a threat to miners. The recent surge in price for Bitcoin [BTC] inspired optimism amongst various traders and investors. However, the optimism wasn’t just limited to individual traders. Hong Kong lawmakers have been actively seen to push for BTC as well. Bitcoin for progress A Hong Kong lawmaker recently suggested letting people buy Bitcoin for the city’s immigration program. Hong Kong restarted this program after eight years. The immigration program usually asks for around $3.84. But now ..read more

  It aims to create three blockchain-based payment corridors between users in Africa, UK, the GCC, and Australia. Optimism has been growing around Ripple since the partial win against the SEC. Ripple [XRP] has partnered with payments fintech Onafriq to expand its remittance capabilities, reaching customers in Africa and several Gulf nations, the United Kingdom, and Australia. This partnership aims to create three blockchain-based payment corridors. The purpose is to facilitate transactions between Onafriq users in Africa and customers of PayAngel in the UK, Pyypl in the Gulf Cooperation ..read more

  The recent episode of the “Bankless” podcast highlighted the steps Coinbase took towards the diversification of revenue. The fate of its case against the SEC would have significant ramifications for the crypto industry and beyond. In a new episode of YouTube’s “Bankless” podcast, Jay, a software developer and independent researcher, and Michael Rinko, a research analyst at Deli Digital, discussed Coinbase’s [COIN] business evolution since its 2021 IPO. They highlighted Coinbase’s journey from being an early entrant into the crypto space to being a titan in the sector. A deep dive into ..read more

  Prominent attorney Jeremy Hogan weighed in on the ongoing Ripple-SEC lawsuit. Attorney John Deaton also noted, “if Ripple ends up paying $20M or less it’s a 99.9% legal victory.”  On the 5th of November, renowned cryptocurrency attorney Jeremy Hogan weighed in on the outcome of the lawsuit between the United States Securities and Exchange Commission (SEC) vs. Ripple [XRP] via a thread on X (formerly Twitter). I was in a small argument with my wife last night, which means, I am thinking about “damages” this morning. For me, that is an examination of different restaurants to take ..read more

  Solana observed a massive spike in stablecoin volume. The price of SOL grew, however sentiment around it fell. Solana [SOL] has been one of the protocols that has faced the most ups and downs over the past few years. Amidst multiple downtimes, and the FTX FUD, the Solana protocol has remained resilient. More stablecoin flows According to recent data, Solana’s monthly USD Coin [USDC] transfer volume surpassed $70 billion in one month. This notable transaction number was good news for the platform, as it made more people interested in using its services. Really encouraging to see such ..read more