Crypto

Source: Coin Tegraph Bitcoin’s rally shows no signs of slowing as it edges toward $90,000 in what is shaping up to be its best weekly run since the United States banking crisis in 2023. The Bitcoin (BTC) price surpassed the $85,000 record high on Nov. 11, but just as a temporary pit stop. The world’s…

Source: Coin Tegraph A crypto memecoin investor holding Gigachad (GIGA) tokens lost $6.09 million in a phishing attack involving a fake Zoom meeting link. On Nov. 12, GIGA recorded an unusual price drop triggered by a massive sell-off event. Soon after, prominent pseudonymous GIGA investor Still in the Game proactively alerted against the involvement of…

Source: Coin Tegraph An Ethereum researcher’s social media post has sparked speculation over a potential solution for the layer-1 blockchain’s scalability challenges. On Nov. 11, Ethereum researcher Justin Drake posted on X that he would announce an “ambitious” initiative for Ethereum. Drake said he had contemplated a “from-scratch” redesign of the Ethereum consensus layer, which…

Source: Bitcoinist Bitcoin (BTC) has been on an all-time-high (ATH) run following the election victory of the Republican US presidential candidate Donald Trump.  Add Crypto Exposure At The Earliest, Bernstein Tells Clients Despite Bitcoin’s strong gains after the election, analysts at trading firm Bernstein remain confident that the broader crypto market still has substantial room…

Source: Bitcoinist Alameda Research, the trading firm affiliated with the collapsed cryptocurrency exchange FTX, has initiated legal action against Aleksandr Ivanov, the founder of Waves, in a bid to recover approximately $90 million in assets as part of Alameda’s broader efforts to repay creditors affected by FTX’s insolvency in 2022. Waves Founder Under Fire In…

Source: Coin Tegraph The world’s largest stablecoin issuer, Tether, has launched an open-source wallet development kit (WDK) to enable businesses and developers to integrate non-custodial wallets into any website or app — and it’s even designed to work with AI agents. On Nov. 11, Tether announced the launch of its WDK Wallet Development Kit, which…

Source: Coin Tegraph The United States spot Ether exchange-traded funds (ETFs) have recorded their biggest day of inflows in history, as the crypto market continues to rally after Trump’s election victory.  The ETFs, which launched in July, recorded $294.9 million in inflows on Nov. 11 — smashing its previous record of $106.6 million on launch…

Source: Bitcoinist The estate of bankrupt crypto exchange FTX filed a lawsuit against Binance and its former CEO, Changpeng Zhao, for alleged fraudulent transfers and starting a campaign to “destroy” its competitor. The $1.8 billion legal action follows another 23 lawsuits filed last Friday to claw back part of the ill-spent funds. Binance Hit With…

Source: Coin Tegraph Donald Trump’s election victory in the United States is unlikely “the main story” behind Bitcoin’s recent pump — with an analyst pointing instead to a post-halving supply shock.  “If you’re wondering what’s happening with #Bitcoin… Yes, the incoming Bitcoin-friendly administration has provided a recent catalyst… But, that’s not the main story here,”…

Source: Bitcoinist In his latest video analysis titled “These 3 Altcoins Will PUMP Like CRAZY This Week!” popular crypto analyst Miles Deutscher with 533,00 followers on X delves into the potential of three altcoins he believes are set to outperform the market this week: TAO, Spectral, and Neural AI. Deutscher emphasizes that the current market…