December 11, 2023

Will Bitcoin’s Halving Have Less Price Effect Over Time? This Analyst Says No

With Bitcoin (BTC)’s next halving only five months away, investors are excited about whether the event can catalyze another epic bull market similar to years past. Mitchell Askew – Head Analyst for Blockware Solutions – is optimistic: not only does he predict more gains to come, but that the halving’s effect will retain its exponential...
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Coinbase Alumni’s C1 Fund Targets Australian Crypto Investment: Animoca Brands, Chainalysis in Focus

C1 Fund – established by a team of former Coinbase legal professionals and investors – has engaged in discussions with numerous local venture firms, explicitly proposing the purchase of private holdings from investors at a discounted rate ranging between 50% and 80% of their most recent valuation. The development comes as the crypto sector has...
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Now Live: Pre-IEO Fusionist Futures Contract with Up to 2x Leverage. 

ACE, the native token of the native token of Endurance, has come to BitMEX, via our new, pre-IEO, linear futures listing –  ACEUSDTZ23. It’s Tether-margined and offers up to 2x leverage. For a deeper look at our new Fusionist listing, and more on the ACE Token, read on. If you haven’t signed up for a...
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Former Yuga Labs Founder Addresses Come Back Rumors

In a recent post on X, Wylie Aronow, the former founder of Yuga Labs, addressed ongoing rumors about a potential return to a leadership role within the company. Aronow, who took a step back from his position in January of this year to prioritize his health, has clarified the speculation and given additional insights into...
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Bitcoin Maintains Investor Interest with $20 Million Inflows, YTD Total Hits $1.7 Billion: CoinShares

Investment products related to digital assets experienced inflows amounting to $43 million last seven-day period, marking the 11th consecutive week of such positive movements. However, this figure represents a noticeable decrease compared to previous weeks. According to CoinShare’s latest report, the recent rise in prices has prompted a significant influx into short positions, as some...
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Venus Protocol’s Token Crashes Over 12% Amidst Exploit Claims

Venus Protocol, a prominent lending market on the BNB Chain, has denied allegations of a major security breach over the past weekend. These speculations initially suggested a $54 billion exploit, as blockchain security firm SlowMist reported. Venus Protocol Refutes Claims of Major Exploit Brad Harrison, the Head of Venus Labs, addressed these concerns on December...
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Ethereum Tests Crucial Support As $6.6 Million Liquidated Near $2,250! Will ETH Price Decline Again?

Bitcoin and Ethereum continue to experience price drops in recent hours, marking a bearish start to the week. While this could be a standard correction ahead of a bull run, similar to patterns observed in past bull markets, there is growing worry about whale investors selling for profit, potentially postponing the anticipated bull phase. Ethereum,...
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Avalanche Bucks Market Correction, Large AVAX Transactions Hit Record Highs

Amidst a market-wide correction, Avalanche’s native token – AVAX – has emerged as an outlier, surging by almost 12% over the past day, pushing its yearly gains to 165%. The asset was currently trading at $35.63 – a level not seen since May 2022. AVAX has not only bucked the prevailing trend but also thwarted...
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Injective’s Profit-Making Addresses Reach 97% Amid Intense Market Selloff! Will INJ Price Continue To Rise?

As the second week for crypto trading began, the market slammed the bullish hopes of traders after bringing remarkable surges for over the past few weeks. Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana’s SOL, along with other significant altcoins, were hit by bearish volatility and opened in a downtrend. Despite massive long liquidations,...
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4 Cryptocurrency Fraud Schemes Spotlighted in IRS CI’s Top 10 Cases

The IRS Criminal Investigation (CI) has disclosed its top 10 cases of 2023, representing the most significant incidents of the previous year. CI Chief Jim Lee highlighted that billions of dollars in fraud, victims across the globe, and criminals are all about personal gain. In a statement to CryptoPotato, Lee said that the CI investigation...
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Minutes Network Launches Blockchain-based Wholesale Telecommunications Terminations Service

[PRESS RELEASE – London, United Kingdom, December 11th, 2023] Minutes Network announces the launch of its new blockchain-based wholesale telecommunications terminations service, creating a unique sharing economy enabled by the Minutes Network Token. A new powerhouse in wholesale voice termination with a unique approach to telecommunications user-acquisition, Minutes Network is confident it can secure the...
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Sonorus’ SNS Token to Be Listed on Kucoin

[PRESS RELEASE – Amsterdam, The Netherlands, December 11th, 2023] In a significant milestone for the blockchain music industry, Sonorus has announced the upcoming listing of its $SNS token on Kucoin, one of the leading cryptocurrency exchanges globally. This listing, scheduled for December 12th (10 AM UTC), marks a major step in Sonorus’s journey, reflecting its growing prominence in the Web3...
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Tether Freezes 161 Ethereum Wallets and Over 3.5 Million USDT Tokens

Tether, the organization behind the widely-used stablecoin USDT, has taken a proactive stance in compliance with United States sanctions. The company recently announced the freezing of 161 Ethereum wallets, a move that aligns with the U.S. Office of Foreign Asset Controls (OFAC) list of sanctioned individuals. Tether Takes Proactive Stance in Compliance with US Sanctions...
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A Mindset Shift Is Necessary for Brands to Succeed in Web3

In recent years, we’ve seen countless Web2 companies dip their toes into Web3, with mixed results. In Japan, where Web3 has become a matter of national economic policy, we frequently encounter companies considering testing the waters but unsure quite how to do so. Let’s face it: adding a Web3 strategy doesn’t make sense for every...
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A Recap of Getting Started with Trading Bots by BitMEX and ProfitView

In partnership with our partner, ProfitView, the BitMEX team hosted a webinar for users looking to explore the use of trading bots for crypto derivatives. Led by trading experts from both companies, the session “Getting Started with Trading Bots” was designed to upskill attendees on how to get started with automated crypto trading by learning...
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Bitcoin Dumps 5% in an Hour, Why Are Crypto Markets Tanking?

The largest digital asset crashed almost 5% in just over an hour, slumping from $43,800 to an intraday low of $41,780 during the Asian trading session on Monday, Dec. 11. At the time of writing, BTC was changing hands for around $42,300, which still puts it up 3.7% from the same time last week.  The...
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Ripple News: The Unprecedented Role of XRP Holders in Shaping Crypto Legal Precedents

In what can be described as a landmark case in the cryptocurrency industry, the ongoing battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken an interesting turn, thanks to the extraordinary involvement of XRP holders and the courageous efforts of Naomi Brockwell. Renowned cryptocurrency influencer @novogratz recently highlighted the undeniable presence...
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Crypto Craze Surges in Thailand, Outpacing Traditional Stock Accounts: Report

Thailand has emerged as a crucial player in the cryptocurrency scene in Asia. This is attributed to the significant adoption rates, a notable increase in digital asset trading volume, a favorable regulatory environment, and a flourishing ecosystem of digital services in the country. Data from CoinGecko on major digital asset exchanges in Thailand, including Bitkub,...
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Bitcoin (BTC) $ 98,643.43 0.42%
Ethereum (ETH) $ 3,376.96 0.09%
Tether (USDT) $ 1.00 0.05%
Solana (SOL) $ 258.55 0.65%
BNB (BNB) $ 672.84 6.88%
XRP (XRP) $ 1.56 12.45%
Dogecoin (DOGE) $ 0.458936 16.62%
Cardano (ADA) $ 1.10 26.89%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,374.97 0.16%