by Rida Fatima on (#6SCRC)
Over the past week, the crypto market has been bullish, with several tokens playing in the green. Ripple (XRP), being among these tokens, surged significantly above $1. XRP increased from...The post Ripple (XRP) Price Trades Around the Upper Bolinger Band Amid Analysts' Bullish Outlook appeared first on Techreport.
|
Techreport
Link | https://techreport.com/ |
Feed | https://techreport.com/feed/ |
Updated | 2024-11-21 11:33 |
by Rida Fatima on (#6SCRD)
Key takeaways CryptoQuant's Five Key Warning Signs - Could Bitcoin Be Ready for a Crash? An on-chain data provider, CryptoQuant, has highlighted five critical metrics that can help investors assess...The post Onchain Data Provider Reveals Five Key Signs Suggesting Potential Price Crash for Bitcoin appeared first on Techreport.
|
by Rida Fatima on (#6SCRE)
A prominent analyst predicts Ethereum (ETH) could hit $10,000, signaling a potential rally.Whale activity has surged, with Ethereum whales accumulating 430,000 ETH worth $1.4 billion since early November.Ethereum's Market Value to Realized Value (MVRV) Momentum suggests significant upside potential, signaling a strong rally ahead.The post Market Analyst Predicts Ethereum to Reach $10k, Sparks Buzz in the Crypto Community appeared first on Techreport.
|
by Rida Fatima on (#6SCRF)
The US President-elect Donald Trump is reportedly considering Teresa Goody Guillen for the position of the SEC chair.The crypto community accepts Guillen as she's pro-crypto and has SEC experience.The SEC's current boss, Gary Gensler, hints at potential resignation soon.The post Donald Trump To Appoint Pro-Crypto Attorney Teresa Goody Guillen For SEC Chair appeared first on Techreport.
|
by Rida Fatima on (#6SCJZ)
Russian authorities plan to ban crypto mining in some low-energy regions to avoid power shortages during the winter season.The restriction will impact Siberia, North Caucasus, and occupied territories in Ukraine. Crypto mining in Russia takes almost 16 billion kilowatt-hours yearly, which represents 1.5% of the country's electricity consumption.The post Russia Bans Crypto Mining In Low-Energy Regions Ahead of Winter appeared first on Techreport.
|
by Rida Fatima on (#6SCK0)
South Korea plans to enforce a 20% cryptocurrency gains tax (22% with local taxes) starting January 1, 2025, after two prior delays.The tax-free threshold for crypto gains will increase from 2.5 million won ($1,795) to 50 million won ($35,919).To address the volatility and record-keeping challenges in crypto markets, taxpayers without accurate purchase records can estimate their gains using a percentage of the sale price.The post South Korea Plans to Enforce Crypto Tax by 2025 Amid Prior Delays appeared first on Techreport.
|
by Rida Fatima on (#6SCK1)
Coinbase will stop trading Wrapped Bitcoin (wBTC) on December 19, citing concerns over "listing standards."The move aligns with Coinbase launching its own wrapped Bitcoin token, cbBTC, on the Base blockchain.BitGo, the provider of wBTC, has faced scrutiny after partnering with BiT Global, a company linked to Justin Sun.The post Coinbase Announces End of wBTC Trading, Promotes cbBTC As a Replacement appeared first on Techreport.
|
by Aaron Walker on (#6SC47)
BlackRock's Bitcoin ETF options launched with $2B in trading volume on day one, signaling strong institutional interest.Grayscale, a key competitor, announced its entry into the Bitcoin ETF options market following BlackRock's success.Bullish investor sentiment and increased liquidity are driving $BTC to new highs, with options trading reshaping market dynamics.Political and institutional support, including pro-crypto policies and corporate adoption, further boosts Bitcoin's appeal.The post Bitcoin ETF Options Redefine Crypto Markets with $2B Launch appeared first on Techreport.
|
by Cassio Gusson on (#6SC06)
Adam Back predicts that Bitcoin's price could increase 11 times, surpassing $1M per coin, if the US creates a national $BTC reserve; During his campaign, Trump promised to establish a strategic Bitcoin reserve, potentially setting off a global race for Bitcoin adoption; Countries like El Salvador and Bhutan already hold Bitcoin reserves, and leaders in Argentina and Poland have hinted at similar moves; Despite enthusiasm from Bitcoin advocates, uncertainties around legality and logistics leave markets skeptical about the US adopting Bitcoin as a reserve asset.The post Bitcoin Could Reach $1M This Cycle, Says Adam Back appeared first on Techreport.
|
by Leah Waters (Alger) on (#6SC07)
Leading digital asset manager VanEck has backed Donald Trump's proposal for a strategic Bitcoin reserve.US Senator Synthia Lummis believes the reserve has the potential to address the nation's $34T debt and boost the dollar value.The first step for its deployment might include hiring a pro-Bitcoin Treasury Secretary.The post VanEck Backs US Bitcoin Reserve; Senator Lummis Says It'll Reduce $34T Debt appeared first on Techreport.
|
by Krishi Chowdhary on (#6SC08)
The DoJ may recommend Google to separate its Android business from Google Search. This is being done to end Google's illegal monopoly in the search engine business. Google has called it a radical agenda' and plans to appeal against it.The post Google Might Be Forced to Sell Chrome to Resolve Monopoly appeared first on Techreport.
|
by Krishi Chowdhary on (#6SC09)
A report on Monday revealed that Trump and his transition team might be considering creating a federal-level framework to govern self-driving vehicles.Right now, autonomous car makers have to get state-by-state approval, making the process more complicated.Soon after the report was released, Tesla's stocks jumped up by 5%.The post Tesla's Stock Jump 5% After Trump Contemplates Creating Federal Framework for Self-Driving Vehicles appeared first on Techreport.
|
by Cassio Gusson on (#6SC0A)
Chiliz has introduced a self-custody wallet for over 2.3M Socios.com users.The new wallet offers access to a variety of decentralized applications (dApps), including fantasy sports games.Fan Tokens continue to gain popularity, as evident from high trading activity and market capitalization of over $1B.The post Chiliz Launches Self-Custody Wallet for Fan Token Holders and Over 2.3M Socios.com Users appeared first on Techreport.
|
by Rida Fatima on (#6SBT1)
Business intelligence company MicroStrategy's share (MSTR) has outperformed Bitcoin year-to-date, attracting more Wall Street giants as investors.The number of institutional investors with a minimum of $100 million holding MSTR rose to 738 from 667.MicroStrategy continues its bullish stance on Bitcoin as the company now holds 331,200 BTC, worth almost $29.7 billion.The post MicroStrategy Share Outperforms Bitcoin YTD, Attracts More Wall Street Giants appeared first on Techreport.
|
by Rida Fatima on (#6SBT2)
21Shares' XRP ETP, known as AXRP, has crossed $140 million in assets under management (AUM).AXRP has increased by 113% in the last month and over 225% since its launch.XRP physically backs AXRP and offers investors exposure to the popular cryptocurrency.The post XRP ETP Issuer Hits $140 Million AUM Milestone With 21Shares' AXRP Fund appeared first on Techreport.
|
by Rida Fatima on (#6SBNH)
A US District judge rejected Kraken's bid to appeal a court order allowing an SEC lawsuit to proceed. Crypto exchange Kraken had sought permission to appeal the court's rejection of its motion to dismiss the SEC case.Judge William Orrick says an appeal would delay resolution, noting that the SEC's allegations against Kraken are convincing.The post California District Judge Denies Kraken's Request to Appeal Judgement in SEC Case appeared first on Techreport.
|
by Rida Fatima on (#6SBNJ)
Gemini crypto exchange, founded by the Winklevoss twins, secures VASP license to operate in France.The exchange acknowledges France as formidable with proactive engagement and support for the digital asset sector.The expansion marks part of the company's vision of fostering its presence in Europe.The post Gemini Crypto Exchange Receives VASP License to Operate in France appeared first on Techreport.
World Economic Forum Member Calls Attention to Rumors of Potential XRP and Goldman Sachs Partnership
by Rida Fatima on (#6SBNK)
Shawn Oroogle, a World Economic Forum member, drew attention to rumors about a possible partnership between XRP, Hedera, and Goldman Sachs.Goldman Sachs is reportedly planning to spin off its digital asset platform into an independent entity.Ripple and Hedera have existing partnerships through initiatives like the DeRec Alliance and the MiCA Crypto Alliance.The post World Economic Forum Member Calls Attention to Rumors of Potential XRP and Goldman Sachs Partnership appeared first on Techreport.
|
by Rida Fatima on (#6SBNM)
The world's largest cryptocurrency, Bitcoin (BTC), has seen massive price growth these past weeks. Bitcoin reached an all-time high of $93,434 on November 13, which also rubbed off on other...The post Bitcoin Price Prediction: Is BTC Hitting $100,000 Next Amid Bullish Momentum? appeared first on Techreport.
|
by Cassio Gusson on (#6SBET)
The Central Bank of Brazil has proposed regulations prohibiting privacy-centric cryptocurrencies like Monero; The regulations categorize exchanges into intermediaries, custodians, and brokers, each with specific capital requirements and compliance standards; While the proposed rules apply to cryptocurrencies, certain digital assets like non-fungible tokens (NFTs) are still deregulated' in Brazil.The post Brazilian's Central Bank Will Ban Monero and Algorithmic Stablecoins in the Country appeared first on Techreport.
|
by Cassio Gusson on (#6SBEV)
Beloved 90s animated characters The Smurfs have joined The Sandbox with The Smurfs: Mountain Expedition.Players help the Smurfs retrieve stolen eggs and can purchase exclusive Smurfs NFTs.The release coincides with Alpha Season 4, featuring various partnerships with renowned brands.The post The Smurfs Invade The Sandbox Metaverse with a New Gaming Experience appeared first on Techreport.
|
by Aaron Walker on (#6SBEW)
Bitcoin's meteoric rise past $90K fuels optimism for hitting $100K, but analysts caution against a potential blow-off top.'Institutional adoption and ETF inflows continue to bolster Bitcoin's long-term growth outlook, despite short-term risks.Key altcoins, like $XRP and $DOGE, are seeing significant gains, hinting at an early altcoin season alongside Bitcoin's dominance.Bitcoin's 60% dominance and rising trading volumes could suggest simultaneous success for both $BTC and memecoins like $PEPU.The post Bitcoin to $100K While Altcoin Season Looms? appeared first on Techreport.
|
by Cassio Gusson on (#6SBEX)
Bitcoin ($BTC) price stabilized between $90K and $93K following Donald Trump's victory.Beyond the US, multiple countries are rumored to be quietly acquiring $BTC.High demand from US spot $BTC ETFs and growing corporate adoption of $BTC as a treasury asset.A strong altcoin rally, with 60% outperforming $BTC, indicates heightened market risk tolerance.The post Bitwise Analyst: $BTC to Hit $100K by Year-End and $200K by 2025 appeared first on Techreport.
|
by Anya Zhukova on (#6SBEY)
Russia proposes a 15% crypto tax to regulate the market and curb fraud; Romania suspends its 10% crypto tax until mid-2025, encouraging compliance and hoping to inject fresh money into the economy; Diverging strategies reflect the global struggle to regulate crypto effectively.The post Crypto Tax Showdown: Russia's 15% Proposal vs Romania's Tax Halt appeared first on Techreport.
|
by Leah Waters (Alger) on (#6SB20)
Solana-based decentralized exchanges (DEXs) are witnessing high trading volumes fueled by meme coins.Owing to this, $SOL is projected to hit $500 by this year's end. Other benefits include being faster and more efficient than Ethereum.Still, the value of Ethereum-based meme coins are spiking among Solana's success.The post Solana to Reach $500 Before 2025 KickStarts - Here's How appeared first on Techreport.
|
by Lora Pance on (#6SB21)
Pepe Unchained ($PEPU) raised over $37M on presale, including $4M in a matter of the last few days.The project team confirmed $PEPU's first listing on a tier-1 centralized exchange (CEX) will happen in 24 days.The Pepe Pump Pad will allow anyone to launch their own meme coin without extensive technical knowledge.The post $PEPU FOMO Intensifies as Presale Raises $37M, 24 Days to CEX Listing appeared first on Techreport.
|
by Alex Popa on (#6SB22)
Flockerz ($FLOCK) broke through the $2.2M presale tier and might skyrocket 20x, which could be one of the biggest opportunities in this meme season.$FLOCK is the first project to implement a Vote-to-Earn (V2E), which empowers the community with ecosystem voting rights.The project prioritizes transparency, security, and user rewards to maximize engagement and reach higher prices.The post Flockerz Meme Coin Raised $2.2M & Could Skyrocket 20x - Big Opportunity if You Missed the Bitcoin ATH appeared first on Techreport.
|
by Krishi Chowdhary on (#6SAVS)
As per inside sources, Elon Musk's AI company xAI has managed to secure $6 billion in funding. The bigger chunk of the funding, $5 billion, comes from Middle Eastern sovereign funds whereas the rest of the $1 billion came from other investors.This money will be used to purchase 100,000 Nvidia chips that will power the upcoming line of Tesla's Full self-driving cars.The post Elon Musk's Xai Raises $6 Billion Funding to Purchase 100,000 Nvidia Chips appeared first on Techreport.
|
by Krishi Chowdhary on (#6SAVT)
The House Select Committee has raised concerns over Amazon's latest e-commerce deal with TikTok.The Committee had called for a meeting with Amazon representatives where they were advised against the partnership. TikTok is being deemed a threat to national security and is on the verge of being banned in the US. So naturally, this partnership is not being received well by authorities.The post Amazon Is Being Questioned by the House Select Committee over Its Recent Deal with TikTok appeared first on Techreport.
|
by Rida Fatima on (#6SAVV)
Leading investment management firm BlackRock has secured a license to operate in Abu Dhabi, the capital of the United Arab Emirates (UAE).This license serves as an expansion move for BlackRock's AI and private markets in the crypto-friendly region.Abu Dhabi continues to broaden its stance as an attractive center for growing innovation and digital assets.The post BlackRock BagsAbu Dhabi's Operational License For AI And Private Markets appeared first on Techreport.
|
by Rida Fatima on (#6SAQA)
Crypto venture capitalists (VCs) are adjusting their strategies while maintaining long-term plans.The rise of DeFi, crypto-AI, and tokenization is drawing significant attention.Investors expect regulatory clarity under the Trump administration to accelerate crypto development.The post Crypto VCs Reveal Next Moves After Trump's Win and Bitcoin BTC'sRecordSurge appeared first on Techreport.
|
by Rida Fatima on (#6SAQB)
Decentralized crypto lending protocol Polter Finance suffered an exploitation that drained $12 million from its total value locked (TVL).The flash loan hack which affected the platform's newly launched SpookySwap (BOO) market was traced to Binance wallets.Polter Finance halted its operations following the exploit and has offered impunity to hackers to recover the funds.The post Crypto Lending Protocol Polter Finance Suffers $12M Exploit, Suspends Operations appeared first on Techreport.
|
by Rida Fatima on (#6SAQC)
Slawomir Mentzen, a Polish presidential candidate, pledged support for crypto.Mentzen announced plans to create a strategic Bitcoin reserve in Poland if elected in 2025.He promised to make the country a haven for cryptocurrency, with friendly and supportive regulation and low taxes.The post Polish Presidential Candidate Promises to Create Strategic Bitcoin Reserve If Elected appeared first on Techreport.
|
by Rida Fatima on (#6SAQD)
Senator Cynthia Lummis and MicroStrategy's Michael Saylor are pushing for a strategic Bitcoin reserve in the United States.Saylor says accumulating Bitcoin over five years could help offset the US national debt by $16 trillion.Senator Lummis proposes selling a fraction of the Federal Reserve's gold holdings to establish a Bitcoin reserve.The post Michael Saylor Says Creating a Strategic Bitcoin Reserve Can Reduce US Debt by $16 Trillion appeared first on Techreport.
|
by Rida Fatima on (#6SAQE)
Ilya Lichtenstein received a five-year prison sentence for his role in the 2016 Bitfinex hack and money laundering, as recommended by prosecutors.Lichtenstein and his wife, Heather Morgan, stole 120,000 Bitcoin, initially worth $72 million, but now valued at $10.7 billion.Lichtenstein's cooperation with investigators, including his testimony in other cases, contributed to his reduced sentence.The post Ilya Lichtenstein Gets Five-Year Prison Sentence for Being Involved in Bitfinex Hack and Fraud appeared first on Techreport.
|
by Rida Fatima on (#6SAQF)
The frog-themed memecoin Pepe (PEPE) has retraced after a minor bearish sentiment in its daily timeframe. In the last 24 hours, Pepe has gained 3.38%, hovering around $0.00002128, and the...The post Pepecoin Turn Green Amid Recent Surge To An All-Time High - What's Next for PEPE? appeared first on Techreport.
|
by Aaron Walker on (#6SA6K)
$XRP surged over 30% in the past day and broke through the $1 resistance level, driven by a favorable shift in the US regulatory landscape and anticipated pro-crypto policies from the incoming Trump administration.Speculation around SEC Chairman Gary Gensler's possible resignation has raised hopes for Ripple's legal case to conclude, potentially leading to even higher $XRP price momentum.Analysts project that $XRP could reach $5 by the end of 2024, equating to a 277% increase from its current levels.Beyond XRP, investors are eyeing meme coins like Pepe Unchained ($PEPU), Flockerz ($FLOCK), and Crypto All-Stars ($STARS) for potential high returns, with presale prices steadily increasing as these projects gain traction.The post $XRP Breaks Through $1 Barrier, Potential to Surge 400% to $5; Meme Coins Could See Even Bigger Gains appeared first on Techreport.
|
by Krishi Chowdhary on (#6SA3C)
Meta has been asked to pay a fine of 798 million ($840 million) for using abusive" practices to benefit from Facebook Marketplace. It started with an investigation in 2021 that led to these concerns being raised for the first time in 2022. The company has addressed the decision and said it would appeal against it. But in the meantime, it has decided to comply with it and develop an action plan to address issues.The post EU Hits Meta With a 798 Million Fine for Anti-competitive Practices in Facebook Marketplace appeared first on Techreport.
|
by Krishi Chowdhary on (#6SA3D)
A 29-year-old graduate student Vidhay Reddy was asked to die by Google Gemini after he asked some questions regarding his homework.Google has addressed this issue and said that this is a nonsensical response", clearly against its policies and it has taken necessary actions.Reddy feels that this whole incident could have taken a much worse turn if the bot said it to someone who was already struggling with their mental health.The post Google Gemini Asks a Student To Please Die" After They Ask For Help With Homework appeared first on Techreport.
|
by Lora Pance on (#6SA3E)
JPMorgan's retail sentiment score suggests extreme investor optimism for $BTC and related products; MicroStrategy and Metaplanet aggressive $BTC acquisitions are paying off as MSTR stock rises by 55.51% and JP:3350 by 57.63% month-to-date; The high put-call skew for MSTR options indicates extreme bullishness, which could be a precursor to a market correction.The post JPMorgan's $BTC Sentiment Score Soars, MicroStrategy to Beef Up Its Stash appeared first on Techreport.
|
by Alex Popa on (#6SA18)
Solana is the most popular blockchain in 2024, with almost 39% investor interest. $SOL meme coins are also thriving, while $SOL is up by 56.78% in the past month.pump.fun (the Solana memecoin launchpad) recorded its seventh-day fee earning peak, with $1.65M gained.Pepe Unchained ($PEPU) has a real chance of following in Pepe's 763x gains and pump.fun's meteoric rise as a meme coin launchpad.$PEPU's presale will end on December 13, and it has already raised over $35M.The post Pepe Unchained Meme Coin Raises $35M - Pump Pad Might Rival Solana's Pump.fun appeared first on Techreport.
|
by Rida Fatima on (#6S9WX)
Bitwise seeks to convert its crypto index fund to a crypto exchange-traded product (ETP).The 10 Crypto Index Fund (BITW) is one of Bitwise's flagship products.Bitwise's application comes amid the recent indication of Gensler's resignation and a potential new SEC Chair.The post Bitwise Files For Multi-Crypto ETF Amid Indication of Gensler's Resignation appeared first on Techreport.
|
by Rida Fatima on (#6S9WY)
XRP whale wallets now hold 45.61 billion tokens, the highest since June 2018.Whale wallets have added 3.44 billion XRP in two years, signaling growing confidence in the asset.XRP's price surged past $0.80 amid broader market pullbacks, with key support levels around $0.75-$0.77, vital for a sustained bullish trend.The post XRP Whales Reach 6-Year High in Accumulation as Price Rebounds to $0.80 appeared first on Techreport.
|
by Rida Fatima on (#6S9WZ)
China's lockdown censorship during the COVID-19 pandemic inspired the emergence of Taiko, an Ethereum layer-2 rollup.Taiko's founder Daniel Wang shared his motivation for developing an unstoppable" decentralized platform amid physical restrictions.Taiko aims to highlight the feasibility of based rollups and overturn centralized signature-based ones.The post China's COVID Lockdown Inspired Ethereum L2 Taiko appeared first on Techreport.
|
by Rida Fatima on (#6S9SN)
A smart whale sold 850,000 Dogwifhat (WIF) tokens, sparking market speculation and a 15% price drop.The whale swapped WIF for SOL, booking $7.5 million in profits.Despite the large sale, the whale still holds 50,000 WIF, worth $175K.The post Smart Whale Cashes Out $7.5M in Dogwifhat, Sends Price Tumbling By 15% appeared first on Techreport.
|
by Rida Fatima on (#6S9SP)
SG-FORGE is launching EURCV, a MiCA-compliant euro stablecoin, on the XRP Ledger (XRPL) next year.Despite having regulatory backing, EURCV has faced challenges in adoption, with a total issuance of just 38 million compared to Circle's 92 million EUR Coin.Many financial institutions are exploring stablecoins, and SG-FORGE's move reflects a broader shift toward blockchain-powered global payments.The post MiCA-Compliant Euro Stablecoin EURCV Set to Launch on XRPL Next Year appeared first on Techreport.
by Rida Fatima on (#6S9SQ)
Spot Bitcoin and Ethereum ETFs have ended their streak of inflows since Trump's victory on November 5.On Thursday, Bitcoin and Ether ETFs closed with negative flows of over $400 million and $3.2 million, respectively.The broader crypto market rally has stalled, with Bitcoin retracting below the $90,000 threshold.The post Spot Bitcoin And Ethereum ETFs Record First Outflows After Trump's Victory appeared first on Techreport.
|
by Krishi Chowdhary on (#6S950)
A new report suggests that Trump might remove capital gains taxes on US-issued crypto tokens.This would mean that investors will no longer have to pay taxes on the profit they make from trading in crypto.However, this offer is only applicable to companies registered in the US. If non-US companies want to benefit from it, they should relocate to the US.The post President Trump to Remove Capital Gains Tax from Certain US Cryptocurrencies appeared first on Techreport.
|
by Krishi Chowdhary on (#6S951)
Micro-blogging startup Bluesky, which is also a rival of X, has gained 1.25 million new users in just a week.After the results of the US presidential election came out, a lot of X users left the platform because Musk is a staunch supporter of Trump.These users then joined Bluesky and Meta's Threads, another X rival.The post X Rival Bluesky Gains 1.25 Million New Users in Just a Week After Trump's Victory appeared first on Techreport.
|
by Alpa Somaiya on (#6S908)
Funds are pouring into Pepe Unchained's ($PEPU) presale at a staggering $1M per day, on track to amass over $50M; With its revolutionary Ethereum Layer-2 (L2) platform, Pepe's Pump Pad could blow pump.fun out of the water; Allowing users to create their own meme coins in just a few clicks, Pump Pad will be easier, more rewarding, and more competitive than pump.fun; With just 27 presale days left, join the $PEPU community for the chance to turn a $1K investment into $700K.The post Pepe Unchained ($PEPU): Unlocking 763x Gains Like PEPE - Just 27 Days Left to Buy Before the FOMO Frenzy Peaks! appeared first on Techreport.
|