Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms
The firm’s decision comes as crypto companies in the EU prepare to comply with region-wide digital asset rules by the end of this year..
Market
Bitcoin Set to Have Its Fourth Strongest Month Since October 2021
Bitcoin is currently up over 36% for November, which has only been beaten by three other months since October 2021.
Bitcoin to Overcome $100K Despite Pullback, Has Plenty of More Room Before Topping: CryptoQuant
The analytics firm said bitcoin could rally to at least $147,000 before topping if it repeats the pattern of previous cycles.
Solana-Based DEX Raydium’s RAY Is Still Too Hot to Handle: Godbole
Bitcoin’s (BTC) recent bullish pause has cooled jets in the broader market, shaking out over-leveraged positions and normalizing costs associated with betting on price rallies. One token, however, is still blazing hot: Solana-based decentralized …
Bitcoin Pumps Above $97K, Then Dumps, as Ether, XRP Surge 7%
Crypto majors surged overnight before the Thanksgiving holiday, which has historically delivered market surprises.
First Mover Americas: BTC Returns to Near $94K
The latest price moves in crypto markets in context for November 27, 2024.
Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData
Demand for stablecoins soared as investors poured capital into cryptos after Trump’s election victory.
Financial
MicroStrategy Falls 16% Despite New Bitcoin Record as Some Question Valuation
The company’s market cap this week rose to more than three times the amount of bitcoin it held.
Financial
Futures Open Interest on CME Surpasses 215K Bitcoin for the First Time as BTC Eyes $100K
Bitcoin has added $30,000 since Donald Trump won the U.S. presidential election and closing in on a $2 trillion market cap.
Financial
Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit Price
Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses.