Wang Long Chai November 27, 2024 13:47 Tether announced its strategic decision to discontinue support for EUR₮, focusing on launching MiCAR-compatible stablecoins and strengthening community-driven support. Tether, the popular stablecoin USDT issuer, announced a strategic shift to strengthen community-driven product support. According to Tether, this move highlights Tether’s ongoing commitment to fostering a strong blockchain ecosystem as it continues to evaluate its stablecoin products to balance availability and community benefit. EUR₮ discontinued In a significant change, Tether has decided to discontinue support for the euro-based stablecoin EUR₮. This decision was taken after careful assessment…
Author: Crypto Flexs
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Optimism suggests the possibility of a $3 rally soon, with bullish momentum breaking key resistance levels. Network adoption surged, with active addresses surging 16.7%, demonstrating strong demand for Optimism. Optimism (OP) It successfully broke the long-standing resistance zone of $1.80-$1.90, a resistance level that has been firmly maintained for more than 150 days. This breakout, driven by strong volume and bullish momentum, indicates growing interest in the asset. While OP is reaching $2.28 As of press time, a slight market correction is expected, with a possible decline providing an opportunity for accumulation. Breaks through $1.80~$1.90 resistance line The $1.80-$1.90 range…
Ripple said it would invest in the newly branded Bitwise Physical XRP ETP. This news sends the price of XRP soaring 7.2% to $1.43 at the time of writing, according to CoinGecko data. Today’s surge puts it 26.8% higher than this time last week.Bitwise Physical XRP ETP, previously called European XRP ETP, is part of the company’s broader family of cryptocurrency asset funds. The company also provides a position. Ethereum and Bitcoin ETFs in the US.Ripple CEO Brad Garlinghouse said the decision to invest in the Bitwise fund, which trades under the ticker GXRP, coincides with a surge in interest…
Wang Long Chai November 27, 2024 12:17 Animoca Brands has made a strategic investment in Igloo, Inc. aimed at strengthening its consumer cryptocurrency initiatives and growing its NFT-based intellectual property, Pudgy Penguins. Animoca Brands, a prominent player in blockchain and digital rights, announced a strategic investment in Igloo, Inc., the parent company of Pudgy Penguins, an NFT-based intellectual property. According to Animoca Brands, the investment will be executed through a Simple Agreement for Future Equity (SAFE). Consumer Cryptocurrency Strategic Movement This investment highlights Animoca Brands’ confidence in the transformative potential of consumer cryptocurrencies and…
Dogecoin has surpassed the market capitalization of luxury car manufacturer Porsche, thanks to Elon Musk’s approval and the possible launch of an exchange-traded product (ETP) for Memecoin.According to Cointelegraph data, Dogecoin (DOGE) has risen 175% over the past month to a market cap of $57.8 billion, surpassing Porsche’s market cap of $56.1 billion (as of 8:34 a.m. UTC on November 27). .DOGE/USD 1 month chart. Source: CointelegraphDogecoin has gained significant momentum in 2024, thanks in part to continued social media endorsements from billionaire Elon Musk.Musk’s recent involvement in creating the Department of Government Efficiency (DOGE), an agency aimed at cutting…
MicroStrategy’s market capitalization recorded its largest four-day decline in history, raising questions about its status as a leveraged Bitcoin investment vehicle.The company’s market value has fallen more than 35% from its November 21 peak, resulting in a loss of more than $30 billion. This is the business intelligence company’s biggest drop in four days, according to Kobeissi Letter, which highlighted the drop in X posts on November 26.“MicroStrategy stock, MSTR, is down 35% from its high on November 21st. “This means that $30 billion in market capitalization was erased in just four trading days.”MSTR/USD, 1-day chart. Source: Cointelegraph/TradingViewMicroStrategy stock price…
Wang Long Chai November 27, 2024 10:34 Bitcoin approaches unprecedented $100,000 on the back of significant ETF inflows and strong institutional demand, despite facing record-high profit-taking pressure. Bitcoin surges toward historic milestone Bitcoin (BTC) is on the verge of hitting the historic $100,000 mark thanks to significant inflows and strong institutional demand in Bitcoin ETFs, according to Bitfinex Alpha. Despite facing profit-taking pressure near its all-time high of $99,334, Bitcoin showed remarkable resilience, stabilizing around $96,000 over the weekend before gaining momentum at the start of the trading week. Market performance and institutional influence…
World Liberty Financial appointed Justin Sun as advisor. The project will benefit from Sun’s cryptocurrency insight and experience, it said. This development comes after Justin Sun-affiliated cryptocurrency company invested millions of dollars in the project. World Liberty Financial (WLFI), the decentralized finance (DeFi) project backed by Donald Trump, has appointed TRON founder Justin Sun as an advisor. Trump, along with his two sons and several cryptocurrency entrepreneurs, announced the DeFi initiative during X’s livestream event on September 16. The president-elect did not discuss specifics about World Liberty Financial at launch, but his family promised the project would be a success.…
Terrill Dickey November 27, 2024 08:42 Check out GG: Survivor Quest from Immutable (IMX), which brings new rewards and gameplay experiences to Web3 games. Launched on Telegram and featuring unique incentives through OVERTAKE’s GameFest. Immutable (IMX) has officially released GG: Survivor Quest, a new survival action shooter developed by OVERTAKE. As reported by immutable.com, the game was launched directly on Telegram for the first time via Immutable Passport, marking a significant milestone as it improves accessibility and integration for players. Experience OVERTAKE GameFest Rewards GG: Survivor’s debut coincided with the introduction of OVERTAKE’s GameFest…
As the cryptocurrency market grows, staking has emerged as one of the best ways to earn passive income from digital assets. Storing your cryptocurrency on a platform that helps run the network not only makes the blockchain more powerful, but also provides additional revenue. With so many choices, how do you choose the best one? staking platform In 2025?We have compiled the following list for your convenience. Top 10 Cryptocurrency Staking Platforms in 2025with keynode We are leading the way. Let’s dive in.Keynode: Leader in cryptocurrency stakingFor staking, keynode The best choice for 2025. The platform offers a powerful combination…