Pi Network is generating a lot of buzz with its upcoming Open Mainnet launch, and many are speculating on the future price of Pi Coin. Some enthusiasts believe Pi could stabilize at $314.159, drawing inspiration from the mathematical constant Pi (π), which is central to the network’s identity. This prediction is based on the unique […]
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has announced plans to list FLOKI, a popular dog-themed meme coin, on its platform. This comes after the coin’s listing was added to Coinbase’s roadmap last week, causing a 14% rise in the token’s price. FLOKI, which is currently the 6th largest meme coin by market cap […]
Digital Currency Group (DCG), the parent company of Grayscale and Foundry, has launched a new subsidiary called Yuma, aimed at fostering decentralized artificial intelligence (AI) innovation. Announced on November 20, Yuma will focus on investing in and incubating startups and projects utilizing the decentralized network Bittensor. Barry Silbert, the founder and CEO of DCG, will […]
On November 19, MoonPay reported a remarkable 295% increase in Solana (SOL) transaction activity, driven by a surge in cryptocurrency interest. By 11 a.m. Eastern time on November 20, MoonPay had surpassed the record set the previous day, marking an even higher level of activity. we just broke yesterday's all-time high record for SOL transactions […]
MicroStrategy, the largest corporate holder of Bitcoin, has increased the size of its convertible senior note offering from $1.75 billion to $2.6 billion. The company plans to use the proceeds from the offering to buy additional Bitcoin, further expanding its holdings in the leading cryptocurrency. In a recent announcement, MicroStrategy revealed that it would be […]
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 […]