Key Takeaways A federal court ruled that OFAC’s sanctions on Tornado Cash’s smart contracts exceeded its power. The court found that Tornado Cash’s smart contracts cannot be classified as property of a foreign national or entity. Share this article A US federal appeals court has determined that the Treasury Department’s sanctions on crypto mixer Tornado […] More
ADA broke above $1! Key Support levels: $0.90 Key Resistance levels: $1.3 1. Buyers Sent the Price Above $1 For the first time since 2022, ADA has returned above $1. This impressive performance has made this cryptocurrency the center of attention lately. However, buyers are currently trying to keep the price above this key psychological […] More
Kristoffer Krohn unsuccessfully argued in his appeal that the SEC had not established that the Green Boxes were securities offerings or investment contracts in its complaint. News COINTELEGRAPH IN YOUR SOCIAL FEED A Utah federal judge has declined an appeal to dismiss a Securities and Exchange Commission lawsuit against a promoter of an allegedly fraudulent […] More
The likelihood of Bitcoin surpassing $100,000 has risen to 45%, despite its recent pullback, according to recent onchain data. Markets News COINTELEGRAPH IN YOUR SOCIAL FEED Nearly half of Bitcoin options traders are betting on a six-figure price by the end of 2024, with a few even eyeing a surge to $150,000 despite the recent […] More
XRP’s price action exploded in November, here’s what you need to know. Key Support levels: $0.92 Key Resistance levels: $1.6 1. XRP is Consolidating After a Strong Rally In November, XRP’s price went on a 200% run to the $1.6 resistance. This is both impressive and surprising considering that this cryptocurrency is a top 10 […] More
Bitwise, one of the listed companies that issued Bitcoin spot ETF in January, has proposed the crypto mixed-based ETF to the authorities. According to the S-1 filling document on Nov 26, Bitwise Asset Management proposed the Bitcoin-Ethereum-based spot ETF to the Securities and Exchange Commission (SEC). This proposal came after their product of Bitcoin ETF options was […] More
Low-income households with high crypto exposures saw the largest increase in mortgage and auto loan originations and balances, US Treasury research revealed. News COINTELEGRAPH IN YOUR SOCIAL FEED More lower-income households are using gains made from crypto investing to take out mortgages, according to a report by research economists at the United States Treasury. In […] More
Jim Cramer doubled down on his tip to buy crypto, saying he was “going to call the top by recommending it yet again.” News COINTELEGRAPH IN YOUR SOCIAL FEED Markets commentator Jim Cramer, who some believe makes predictions that end up being the opposite of what happens, said Bitcoin should be part of an investor’s […] More
iDEGEN is a community-powered AI evolving based on interactions on X. iDEGEN ($IDGN) presale is ongoing and it uses dynamic pricing. iDEGEN’s future is promising, with major exchange listings planned for 2025. In a world where cryptocurrency and artificial intelligence (AI) collide, a new force is quietly but surely rising: iDEGEN. As an AI-powered crypto […] More
[PRESS RELEASE – London, United kingdom, November 26th, 2024] As Bitcoin flirts with the $100K milestone, the crypto market is gearing up for the next cycle. Historically, this surge in BTC’s value leads to altcoins pumping, followed by liquidity flowing into the memecoin sector. With this momentum, memecoins offering compelling narratives and valuable utilities become […] More
Kraken’s NFT Marketplace Closure Kraken’s NFT marketplace, introduced in 2022, allowed users to buy, sell, and trade digital collectibles without gas fees for transactions. However, as of November 27, 2024, new listings and trades are disabled, and the trading platform will fully shut down by February 27, 2025. Kraken attributed this move to its intent […] More
An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree. Markets News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin could retrace toward $70,000 if it continues its long-standing correlation with the global money supply in cash and bank deposits, according to an analyst. “So far, this […] More
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