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Bitcoin Dominance Spikes as $100K Looms! Moon or Pullback?
The post Bitcoin Dominance Spikes as $100K Looms! Moon or Pullback? appeared first on Coinpedia Fintech News Bitcoin’s unstoppable rally has the market buzzing. On November 21, BTC shot up to $97,765, an eye-popping 45% gain in just 16 days. It’s now hovering at $97,154, but all eyes are locked on one thing: the $100K milestone. Can it break through, or will resistance hold it back? Why Bitcoin Is Exploding Right Now …

coinpedia 2024-11-21 08:31
Maker whale activity surges by 1400% – Time for MKR’s price to break out?
For Maker to confirm a bullish breakout, it needs to flip the resistance at $1,550.

AMB Crypto 2024-11-21 08:30
Should El Salvador Follow Microstrategy’s Bitcoin Playbook? A High-Stakes Move
The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could Increase Its Bitcoin Purchases Issuing Debt Bitcoin has

Bitcoin.com 2024-11-21 08:30
Ripple Labs Future Under Trump: CEO Brad Garlinghouse Outlines Vision For 2025
In a recent interview with FOX Business, Brad Garlinghouse, CEO of Ripple Labs, shared insights on the so-called “Trump trade” impacting crypto prices, as evidenced by Bitcoin’s recent streak of consecutive all-time highs over the past 48 hours. Garlinghouse also discussed how Ripple, and the broader digital asset industry, fit into the upcoming regulatory landscape expected under President-elect Donald Trump in the coming year. Ripple CEO Optimistic About Trump’s Pro-Crypto Stance Garlinghouse emphasized that since its inception, Ripple has focused on addressing the inefficiencies of traditional cross-border payments, which he described as “slow and expensive.” By utilizing XRP, the company aims to streamline these transactions, making them faster and more cost-effective. However, the CEO criticized the Biden administration’s stance on digital assets, referring to it as an “unlawful war” against the industry. He expressed optimism that with Trump’s pro-crypto approach, the landscape may be transforming. Related Reading: BlackRock Bitcoin ETF Options Surge: December 20 Call Signals BTC Price Target Of $180,000 When asked about the potential for increased revenue opportunities in the US under the upcoming regulatory changes, Garlinghouse explained that the US Securities and Exchange Commission’s (SEC) lawsuit against XRP had effectively “frozen” Ripple’s market potential in the country. Currently, 95% of Ripple’s customer base is located outside the US, with Garlinghouse pointing out that the company cannot fully realize growth in a market where regulatory clarity is lacking. Garlinghouse observed that while the cryptocurrency industry is flourishing in countries like China, Japan, the UK, and Switzerland, the US has lagged behind in embracing digital assets. Ripple’s CEO expressed hope that the anticipated deregulation under Trump would lead to clearer guidelines, allowing agencies like the SEC and the Commodity Futures Trading Commission (CFTC) to play a constructive role in shaping the industry. Garlinghosue criticized the existing regulatory framework, particularly the application of the Howey Test, which he believes fails to adequately address the unique characteristics of the crypto sector. He also underscored the need for updated regulations that reflect the realities of an industry that has developed significantly over the past decade. US As Digital Asset Hub In Coming Years During the interview, FOX Business highlighted comments from Coinbase’s Chief Policy Officer, Faryar Shirzad, regarding the private meeting between Trump and Brian Armstrong, CEO of Coinbase. Shirzad noted that Trump has expressed a willingness to engage with the crypto industry, fostering a vision for the US to become the global leader in digital assets. Garlinghouse echoed these sentiments, recognizing Coinbase’s influential role in advocating for the cryptocurrency agenda during the election campaign. Related Reading: Bitcoin Rally Driven By U.S. Coinbase Investors – Top Analyst Shares Metrics As speculation mounts regarding potential candidates for the SEC chair position under Trump—names like Dan Gallagher, Teresa Goody, and Commissioner Mark Uyeda have surfaced—Garlinghouse emphasized the importance of the new chair working collaboratively with Congress to address regulatory gaps that contribute to confusion in the market. Garlinghouse concluded with an optimistic outlook, stating that he believes a new era for cryptocurrency is on the horizon in the US. He envisions the country becoming a central hub for digital assets and blockchain technology over the next five to ten years. At the time of writing, XRP is trading at $1.10, marking a massive 104% surge in just two weeks since Trump’s election victory. However, the token is still trading 67% below its all-time high of $3,040, which it reached nearly seven years ago. Featured image from DALL-E, chart from TradingView.com

NewsBTC 2024-11-21 08:30
SEC Pushes Franklin Templeton Crypto ETF Decision to 2025
The SEC has delayed its decision on Franklin Templeton’s proposed Crypto Index ETF until January 2025, citing the need for more time to review the filing.

Coinpaper 2024-11-21 08:30
Litecoin’s Meme Coin Gambit and The Rise of $LESTER memecoin
Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin on Solana’s Pump.fun, Lester. Litecoin’s post outlined how a group of individuals took the Litecoin mascot, Lester, created by X meme creator Greg, to popularize the memecoin.

Cryptopolitan 2024-11-21 08:24
Binance Easy Earn Coin Launches WOO Token Staking on November 21, 2024
On November 21, 2024, Binance is set to unveil its Easy Earn Coin offering, featuring a new WOO token staking product. The launch will commence at 18:00 (UTC+8), providing users

CoinOtag 2024-11-21 08:24
Bitcoin Whale Accumulates $302M in BTC as Price Hits Record $97,800
The post Bitcoin Whale Accumulates $302M in BTC as Price Hits Record $97,800 appeared first on Coinpedia Fintech News As the BTC price creates a new all-time high, whales continue to accumulate BTC. In the past two days, a whale has bought 3,289 BTC worth $302 million. The purchase happened over binance and the whale’s current holding is 25,010 BTC. This is worth $2.37 billion. Currently, the Bitcoin price is trading at its all-time …

coinpedia 2024-11-21 08:21
Teen Developer Bags $30K Profit With Quant
The post Teen Developer Bags $30K Profit With Quant appeared first on Coinpedia Fintech News In recent news, a kid created a coin Quant while live streaming. Surprisingly, he sold it all for 128 SOL tokens worth $30,000. After the sale, he made a profit of $29.6K. Following the sale of 51M tokens, Quant became trending and reached a valuation of $4M. Riding the trend wave, the kid created two …

coinpedia 2024-11-21 08:20
Solana Whale Accumulates $23.86M in SOL
The post Solana Whale Accumulates $23.86M in SOL appeared first on Coinpedia Fintech News A whale has bought 100,000 SOL tokens worth $23.86 million. He had staked this in the past two days. Currently, the whale holds 231,919 SOL tokens worth $55.5 million. As the BTC price creates a new all-time high by crossing the $97,000 barrier, the sol token is now inching back to its $250 psychological barrier …

coinpedia 2024-11-21 08:17
Charles Hoskinson Proposes Brian Armstrong for White House Crypto-Czar Role Amid Mixed Reactions in the Cryptocurrency Community
The crypto community is abuzz with discussions surrounding the potential appointment of a “Crypto-Czar” in the White House, a pivotal moment for U.S. digital asset policy. Charles Hoskinson, a prominent

CoinOtag 2024-11-21 08:16
Solana Memecoin Musk CEO (MUSKCEO) Will Skyrocket 16,000% Before Exchange Listing, As Bonk and Shiba Inu Lag
Musk CEO could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Musk CEO (MUSKCEO), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days. This is because MUSKCEO is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Musk CEO can only be purchased

CryptoIntelligence 2024-11-21 08:13

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