Bonk’s price settled Monday to 0.000049 Monday after a 14-day melt-up to a new all-time high price at the 0.000055 handle. “Holy sh**!” exclaimed Shawn.eth (Punk #4220), a Bonk investor on X Monday. “My $BONK bag was $30,000 when j bought and now its $2,300,000,” Shawn.eth wrote. “Bonk started the...
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Ripple CEO Warns: SEC Chair Candidate Stebbins Could Revive ‘Regulation by Enforcement’ Era
Ripple CEO Brad Garlinghouse has expressed concerns about the potential appointment of Bob Stebbins as chair of the securities regulator. The industry executive responded to a post on X by crypto researcher ‘Anders’ who described Stebbins as “the old guard candidate for the SEC chair” before adding: “If Trump truly...
Metaplanet Plans $11.3M Bond Issuance to Expand Bitcoin Portfolio
In a bid to grow its Bitcoin portfolio, Tokyo-listed Metaplanet has announced a new debt issuance during a Board of Directors meeting held on November 18th. The filing shows that the company plans to sell one-year ordinary bonds worth 1.75 billion yen—$11.3 million—with an annual interest rate of 0.36%. The...
Solana’s Monthly DEX Volume Breaks $70B for the First Time
Solana has started the new week by reaching a new milestone: the monthly trading volume in its decentralized exchange (DEX) ecosystem has surpassed $70 billion for the first time in the network’s history. The uptick in monthly trading activity was pushed by consistently high daily volumes, including breaking past $5...
Crypto Inflows Surge to $2.2 Billion, Pushing Year-to-Date Total to Record $33.5B
Investment in digital assets saw an influx of $2.2 billion last week, increasing total inflows since September’s rate cuts to $11.7 billion and lifting the year-to-date total to an all-time high of $33.5 billion. While $3 billion flowed in during the early part of the week, a rise in Bitcoin’s...
Ethereum Price Analysis: Is ETH in Danger of Falling Below $3K Soon?
Ethereum’s price action indicates a temporary consolidation phase following its rejection near the critical $3.5K resistance zone. A pullback toward $3K (aligned with the 200-day MA) is forming, setting the stage for a potential bullish continuation in the mid-term. ETH Price Analysis By Shayan The Daily Chart Ethereum recently experienced...
Paul Tudor Jones Grows Bitcoin Portfolio by 400% to $159.9M
Billionaire investor Paul Tudor Jones has dramatically increased his stake in Bitcoin-related financial instruments. According to a November 14 filing with the Securities and Exchange Commission (SEC), the 70-year-old owned $159.9 million worth of BlackRock’s IBIT shares as of September 30 through his company, Tudor Investment Group. It marked a...
Interesting Cardano (ADA) Price Predictions: What’s Next?
TL;DR Some analysts believe ADA could surge even more if it surpasses important resistance levels. Strong on-chain metrics and no scheduled token unlocks support bullish sentiment. ‘Approaching Next Level?’ Cardano’s ADA has been among crypto’s rockstars lately, recording a 120% price increase on a 14-day scale. It currently trades at...
The Bitcoin Effect: Polish Presidential Candidate Sławomir Mentzen Promises Strategic BTC Reserve
Sławomir Mentzen, a Polish presidential candidate, announced plans to establish a Strategic Bitcoin Reserve if elected in May 2025. The 37-year-old libertarian politician made the declaration in a Nov. 17 post on X, marking a shift from his previous stance on digital assets. Mentzen Promises to Make Poland a Crypto...
WeFi to Enter New Phase of DeFi Following November $WFI Token Generation Event
[PRESS RELEASE – Charlestown, Saint Kitts and Nevis, November 18th, 2024, Chainwire] WeFi, the next-generation financial platform dedicated to reimagining access to global financial tools, successfully holded the highly anticipated Token Generation Event for its native $WFI token on Friday, November 15th. Following the TGE, $WFI debuted on Bitmart on...