Cardano (ADA) has experienced a powerful bullish breakout on Wednesday, Nov. 20, as the broader crypto market entered a period of risk-on sentiment. The popular proof-of-stake cryptocurrency surged to an intraday high of $0.830, boosting its market capitalization to nearly $30 billion. This breakout comes as the crypto fear and greed index rose to 84, […]

BONK has continued its impressive rally, reaching an all-time high of $0.000060, solidifying its position as one of the top-performing meme coins in the market. Trading at $0.0000543, BONK has surged by over 39,166% from its all-time low, bringing its market capitalization to a staggering $4.8 billion. A crypto analyst has explained why BONK may […]

Hoth Therapeutics, a Nasdaq-listed biopharmaceutical company, has announced plans to purchase $1 million worth of Bitcoin as part of its treasury reserve strategy. This move, approved by the company’s board of directors on November 20, marks the latest instance of an institution embracing Bitcoin as a reserve asset. While Hoth’s Bitcoin purchase is relatively modest […]

South Korea is set to implement a 20% cryptocurrency tax starting in January 2025, as confirmed by the Democratic Party of Korea. This new tax framework will impose a 20% tax on crypto profits, with an additional 2% local tax applied to gains exceeding 50 million Korean won (approximately $35,919). Initially, the cryptocurrency tax was […]

Dogecoin has recently entered a phase of consolidation, with its price hovering around $0.3850 as of November 20, slightly below its year-to-date high of $0.4387. This stagnation mirrors Bitcoin’s behavior, which has been fluctuating between $90,000 and $94,000. However, analysts are predicting a potential rebound for Dogecoin in the coming weeks, driven by both market […]

Solana, often referred to as an “Ethereum killer,” has achieved a record-breaking surge in revenue, largely driven by the current meme coin craze. The proof-of-stake blockchain platform generated a staggering $11.8 million in fees over the past 24 hours, surpassing Ethereum’s $6.32 million, according to data from Defi Llama. In addition to the fee surge, […]

Canaan, a prominent crypto mining firm, saw its shares rise by 4% after announcing a new partnership with Luna Squares Texas, a Bitcoin mining operation based in West Texas. This collaboration is part of Canaan’s broader strategy to expand its North American presence and ramp up its mining capacity to 10 EH/s by mid-2025. Under […]

BONK, the meme coin based on the Solana blockchain, has surged to a new all-time high following a significant announcement from Upbit, a leading South Korean cryptocurrency exchange. The altcoin, which recently reached $0.000058, has seen a remarkable 18% increase in price, driving its market cap above $4.1 billion. This growth has propelled BONK past […]

Michael Saylor, the executive chairman of MicroStrategy, is set to present a compelling case for investing in Bitcoin to Microsoft’s board of directors. The presentation, which will be delivered in just three minutes, follows Saylor’s recent involvement with VanEck’s X Spaces on Nov. 19, where he agreed to make the pitch. The activist who suggested […]

Russia has announced a major shift in its approach to cryptocurrency mining, with plans to ban mining operations in certain regions, including the territories of Ukraine that are under Russian control, as well as parts of Siberia and the North Caucasus. This decision was made in response to growing concerns about energy shortages and the […]