XRP Reclaims 3rd Spot in Crypto Rankings After 4-Year SEC Struggle
Ripple’s native cryptocurrency, XRP, has achieved a significant milestone by returning to its position as the third-largest cryptocurrency by market capitalization. This development has generated widespread excitement across the crypto community. XRP lost its place in the top three in December 2020 following the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple, accusing the […]
Pump.fun Revenue Nosedives 66% Amid Livestream Controversy
Solana-based memecoin launchpad Pump.fun experienced a sharp decline in weekly revenue after suspending its livestream feature due to reports of disturbing content being broadcast. The platform saw its revenue steadily increase throughout November, reaching a peak during the fourth week. Data from DefiLlama shows that from Nov. 18 to Nov. 24, Pump.fun generated an impressive […]
Bitcoin Posts 129% YTD Gain Seven Months After Halving
Bitcoin has achieved an impressive 129% year-to-date growth, driven largely by the April 2024 halving event and the influence of the U.S. Presidential election earlier this year. Data from ICO Analytics shows that November 2024 alone contributed a 37% gain to Bitcoin’s performance. Historical analysis of Bitcoin’s monthly returns from 2011 to 2024 highlights that […]
Bitcoin Completes Month Unlike Any Other
Bitcoin has achieved a remarkable milestone, delivering its largest-ever monthly price increase and smashing records along the way. Data from TradingView reveals that November saw an unprecedented monthly price gain of $26,400, marking the single largest candle in Bitcoin’s history. The monthly close came in at approximately $96,400, establishing a new all-time high for BTC/USD. […]
AgentLayer Celebrates First Anniversary with Token Burn and Gate.io Partnership
AgentLayer is celebrating its first anniversary with a major milestone that emphasizes the continued growth and value of its $AGENT token. On November 30th, the project successfully conducted its inaugural token burn event, aimed at boosting the token’s scarcity and supporting the long-term stability of its economy. This event, which involved the burn of 1,004,019 […]
Solv Protocol to Launch ‘Onchain MicroStrategy’
Solv Protocol is set to introduce an innovative “onchain MicroStrategy” to integrate yield-generating Bitcoin reserves into decentralized finance (DeFi), according to a post from Solv’s co-founder Ryan Chow on Nov. 29. Chow stated, “We are creating the first On-Chain MicroStrategy—a transparent and permissionless platform designed to transform Bitcoin from just a passive store of value […]
Bitcoin Declared Dead 415 Times, Now It Fights for $100K
Bitcoin continues to push towards a six-figure price tag, despite being declared “dead” more than 400 times over the past 14 years. The cryptocurrency has been written off by mainstream media on 415 occasions, with the first “death” announcement coming as early as October 2010, when Bitcoin was valued at just $0.11. If you had […]
Russia Passes Crypto Tax Legislation Recognizing Bitcoin and Other Cryptocurrencies as Property
Russia is moving quickly to implement new cryptocurrency taxes, as Bitcoin hits record-breaking highs against the nation’s ruble. On November 27, the Federation Council, Russia’s upper parliamentary chamber, passed a federal bill aimed at introducing new taxes on cryptocurrency transactions. The proposed legislation recognizes digital currencies as property and imposes a personal income tax of […]
Bitcoin whales ‘took advantage’ of $90K Bitcoin price dip, scooping up $1.5B
Bitcoin saw a 6.25% rebound from its recent low of $90,742, pushing past $96,000 on November 29, as on-chain data indicated that whales capitalized on the temporary price dip earlier this week. Whales Scoop Up $1.5B in BTC Amid Price Correction Data from TradingView revealed a strong price recovery after Bitcoin’s brief dip, with its […]
Bitcoin Maintains 8% Surge While Spotlight Turns to Ethereum’s Rebound
Bitcoin hovered around $96,000 on Nov. 29, following a robust defense of support levels that set the stage for consolidation. Bitcoin Resilient Above $90,000 Data from TradingView indicated that Bitcoin’s recent surge on Nov. 27 was followed by reduced volatility, with BTC/USD closing just below $96,000 on Bitstamp. Despite pressure from sellers, Bitcoin managed to […]