November 12, 2024

Nano Labs Seeks Financial Boost with Bitcoin Payments Amid Financial Struggles

Chinese fabless integrated circuit design company Nano Labs has announced that it has opened a Coinbase account and begun accepting Bitcoin payments for its products. Its decision to expand its global transaction options coincides with Bitcoin reaching an all-time high of $90,000. Nano Labs Turn to Bitcoin In its official press release, Nano Labs stated...
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Ex-Alameda Co-CEO to Surrender Yacht and Apartments to FTX Debtors

Sam Trabucco, the former co-CEO of Alameda Research and a close associate of FTX founder Sam Bankman-Fried, has reached a preliminary settlement with the creditors of the now-defunct cryptocurrency exchange. In a proposed agreement, Trabucco agreed to relinquish several high-value assets to help repay the bankrupt firm’s debts. The Settlement Deal According to a November...
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Ethereum Foundation Resumes ETH Selling Amid Price Rally

The Ethereum Foundation – a non-profit entity that supports the second-largest blockchain – sold 100 ETH for 334,315.7 DAI on November 12th. The sale represents the foundation’s first ETH transaction since releasing its 2024 report last week. Ethereum Foundation’s ETH Sales According to the popular blockchain analytics platform ‘Spot On Chain,’ in 2024 alone, the...
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Arthur Hayes Explains How Bitcoin’s Price Could Soar to $1M

Bitcoin (BTC) has been on a bullish price movement for over a week, fueled by Donald Trump’s presidential election victory. The leading cryptocurrency has unlocked multiple all-time highs (ATHs), tapping $90,000 earlier today. Arthur Hayes, the co-founder of the BitMEX crypto exchange, believes that the crypto asset could attain a price height of $1 million...
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Coinbase, MicroStrategy, Bitcoin Mining Stocks Surge Amid Optimistic Market Shift

American crypto giant Coinbase has seen a resurgence in its stock price, climbing past the $300 mark for the first time since 2021. The rally was also witnessed in the stock of enterprise analytics firm and major Bitcoin (BTC) holder MicroStrategy, whose price hit a record high after surging to $344. Both developments followed a...
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Bitcoin Records New ATHs Daily, But Profit-Taking Is Low: What Does This Mean? (Bitfinex)

About a week ago, bitcoin (BTC) shattered its March all-time high (ATH) of $73,737 as the crypto market got excited about Donald Trump’s win in the United States presidential elections. Since then, the crypto asset has recorded a new ATH almost every day; it was worth $87,100 at the time of writing after it was...
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What The FUD? Ethereum Adds Solana’s Entire Market Cap in 1 Week, ETFs See Record Inflow

Ethereum prices have surged a whopping 38% over the past seven days, outpacing Bitcoin’s gains, which were around 30% over the same period. Moreover, Ethereum’s market capitalization has increased by more than $100 billion in less than a week. To put this into perspective, this is more than Solana’s entire market capitalization. This has pushed the...
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Total Crypto Market Capitalization Hits New Peak at $3.1 Trillion

Total crypto market capitalization hit an all-time high of $3.12 trillion during early trading in Asia on Tuesday, Nov. 12. This has now topped the $3.08 trillion market cap peak hit in November 2021, almost three years ago to the day. “Crypto market hits a $3 trillion market cap, returning to levels last seen in Nov....
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Deutsche Telekom Joins Forces with Meta Pool to Pioneer Decentralized AI on NEAR Protocol

[PRESS RELEASE – Mendoza, Argentina, November 12th, 2024] In a big step for decentralized technology, Deutsche Telekom MMS has partnered with Meta Pool as part of its Enterprise Node Operator (ENO) program, becoming the first telecommunications giant to operate a validator node on the NEAR blockchain. This collaboration not only enhances NEAR’s network security and...
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Post-Election Landscape: Ark Invest’s Cathie Wood Says There’s More Clarity for Investments

Last week, the pro-crypto Republican presidential candidate Donald Trump won the United States election, paving the way for him to fulfill his many promises that could drive crypto adoption in the country. Following Trump’s election victory, Ark Invest CEO and founder Cathie Wood stated in a recent video that there is more clarity in the...
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Change in Base Initial Margin and Maintenance Margin for DOGEUSD and DOGEUSDT

On 12 November 2024 at 02:25 UTC, we reduced the Base Initial Margin and Base Maintenance Margin requirements for two contracts: DOGEUSD and DOGEUSDT.  From now, these changes will apply to new positions, new orders and any leverage or Risk Limit changes, applied to existing positions or existing orders. The current Margin requirements for our...
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Black or White?

(Any views expressed here are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Want More? Follow the Author on Instagram and X Access the Korean language version here: Naver Subscribe to see the latest...
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Bitcoin (BTC) $ 89,935.10 2.88%
Ethereum (ETH) $ 3,202.28 0.85%
Tether (USDT) $ 1.00 0.35%
Solana (SOL) $ 214.49 4.15%
BNB (BNB) $ 620.67 1.49%
Dogecoin (DOGE) $ 0.385056 0.07%
XRP (XRP) $ 0.696221 2.07%
USDC (USDC) $ 1.00 0.18%
Lido Staked Ether (STETH) $ 3,197.32 0.79%
Cardano (ADA) $ 0.570093 4.90%