Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its crypto assets from Ethereum to Bitcoin. As per a November 29 filing, the company reported converting 14,200 ETH into approximately 515 BTC in an open-market deal worth more than $49 million. The Ethereum had been...Read More
Despite bitcoin’s price turmoil over the past week, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the leading digital asset’s dominance is less likely to decline soon. Historical data shows that alternative cryptocurrencies (altcoins) have always rallied when BTC retraces and seen a decline in market dominance during bull...Read More
Bitcoin (BTC) is still far from the overvalued levels that indicate the end of a bull cycle despite having rallied above $99,000 last week. According to on-chain data analyzed by CryptoQuant, the cryptocurrency can still surge past $100,000 to $146,000, the top target from a realized price valuation perspective. This perspective indicated the top price...Read More
[PRESS RELEASE – Monaco City, Monaco, November 29th, 2024] Memereum, a blockchain platform focused on reshaping decentralized finance with blockchain-backed insurance and community-driven governance, has announced key milestones that highlight its significant growth and adoption. The Memereum community has surpassed 10,000 followers on X and achieved over 5,000 holders, highlighting its growing influence as one...Read More
[PRESS RELEASE – Gibraltar, Gibraltar, November 29th, 2024] Hydration has announced the launch of its decentralized borrowing platform, the Hydration Money Market. The new platform allows users to supply cryptocurrency as collateral, earn interest on their deposits, and borrow various digital assets. Built on the Polkadot blockchain, the platform emphasizes efficiency and innovation in the...Read More
Bankrupt crypto lending firm Celsius has announced plans to distribute an additional $127 million to creditors. The company’s estate revealed that this distribution will be made from its “Litigation Recovery Account ” and will benefit claimants in specific classes. Distribution Details According to a November 27 filing, the funds will be disbursed to those with claims...Read More
Ether (ETH) has been on a positive trajectory over the past week, with the network’s dynamics showing some improvement. Crypto market analysts say there is still room for growth. According to a report by CryptoQuant analyst Shayan, Ethereum futures market funding rates signal that ETH has not entered an overheated phase. Hence, the cryptocurrency may...Read More
[PRESS RELEASE – Dubai, UAE, November 29th, 2024] On November 29, MEET48 officially announced that the Beta testing for Mars Protocol will be closed in Q4 2024, with its official launch scheduled for Q1 2025. As the first AI idol platform in the OPBNB ecosystem, Mars Protocol aims to integrate “Idol-Meme + AI-Agent,” marking a...Read More
Coinbase’s decision not to support Celo’s migration from a Layer 1 blockchain to a Layer 2 solution on Ethereum has sparked significant debate within the crypto community. In a recent announcement, Coinbase urged users to withdraw their CGLD (Celo L1) tokens by January 13, 2025, to avoid losing access to their funds. The migration, planned...Read More
A new perp listing for MAJOR – native token for Major of Telegram – MAJORUSDT – is now available to trade on BitMEX, with up to 50x leverage. Trading started here at 04:00 UTC on 29 Nov 2024. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in...Read More
