Around 29,000 Bitcoin options contracts will expire on Friday, Nov. 22, and they have a notional value of around $2.84 billion. Today’s options expiry is slightly smaller in magnitude than last week’s, but spot crypto markets are on fire, with peak prices being hit by several assets. A huge $9...
Yo-Yo.ai Launches Real-Time Prediction Model in Crypto and Stocks with $300M Hedge Fund
[PRESS RELEASE – Seoul, South Korea, November 21st, 2024] Yo-Yo.ai Launches Real-Time Prediction Model in Crypto and Stocks with $300M Hedge Fund Yo-Yo.ai, a pioneering AI research lab, has launched groundbreaking trials with a $300 million programmatic hedge fund to leverage its advanced AI-driven price prediction engine. With a 75% accuracy rate,...
Retail Investors Persist in Holding ETH Despite Asset’s Recent Surge: CryptoQuant
Since the Trump Trade narrative ran its course in the crypto market, several digital assets, including Ethereum, have surged in value; however, while most coins have seen investors take profits, the same cannot be said for ETH. According to a CryptoQuant report by pseudonymous analyst Onatt, retail ETH investors appear...
South Korean Police Confirm North Korea Orchestrated the $50M Upbit Crypto Heist
South Korean investigators revealed that the 2019 Upbit cryptocurrency heist, which resulted in the theft of $50 million worth of ETH, was carried out by North Korean hacking groups Lazarus and Andariel, linked to the Reconnaissance General Bureau, which happens to be DPRK’s premiere intelligence organization. Upbit, one of South...
New York Judge Approves Celsius’s Request to Serve Legal Notices Through NFT Airdrops
A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers to unidentified digital wallets. Alternative Solution Following its bankruptcy, the company sued to void the...
Ripple (XRP) Price Pumps 5% Following News that Gary Gensler Will Quit
The Chairman of the US Securities and Exchange Commission, Gary Gensler, took to X to announce that he will be stepping down from his position on January 20th, 2025. Gensler published a thread on his account on X, confirming what many already suspected. He will step down from his position...
Coinshift Launches csUSDL, Announces Strategic Partnerships
[PRESS RELEASE – Abu Dhabi, UAE, November 21st, 2024] Coinshift, a prominent name in onchain treasury management, has launched csUSDL: a liquid lending token (LLT) designed to optimize reward opportunities, security, and transparency for both individual and institutional investors. The announcement follows the release of the new Coinshift Business, which...
Sui Network Suffers Outage Due to Bug in Transaction Scheduling Logic
Sui Network suffered a major disruption on November 21st after failing to produce blocks on its mainnet, which effectively brought the blockchain to a standstill. Following a two-hour downtime, the network resumed operations, once again processing transactions. Sui Network Restored After Downtime According to the official announcement by the team...
As Bitcoin Records Another All-Time High of $98,000, Could BEST Token be the Next Altcoin to Pump During the Bull Run?
Bitcoin has just broken past the $98,000 mark for the first time ever, sending crypto traders into a frenzy. As a result of BTC’s rally, many traders are hunting for altcoins that could explode in the upcoming bull run. One contender in this regard is Best Wallet’s native token, BEST...
Growing Whale Activity Sent Bitcoin Above $98K but Can BTC Reach $100K?
Bitcoin skyrocketed above $98,000 on Thursday, hitting a new peak as its market cap neared $2 trillion. Investor optimism surrounding Donald Trump’s presidential win has sparked speculation that his leadership could lead to crypto-friendly policies, which has contributed to the surge. As a result, the leading cryptocurrency has gained over...