Bitcoin hit $90,000, but holding it is proving to be a challenge. Cointelegraph explains why. Bitcoin (BTC) price is trying to punch through the $90,000 level but encountering some pushback. Let’s briefly explore why. On the BTC/USDT 1-hour chart, one can observe a block of sell orders at $90,000. As BTC price runs into these...Continue Reading
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one. The Italian government reportedly plans to raise the country’s capital gains tax on cryptocurrencies to 28% instead of 42%. According to a Nov. 12 Bloomberg report citing people with knowledge...Continue Reading
Together the companies control major portions of the US and European crypto index and analytics markets. Cryptocurrency market data and analytics provider Kaiko has acquired regulated European crypto index provider Vinter. The organizations already collaborate, and together they will solidify their place on the market and better serve asset management and “sell-side” participants. Vinter is...Continue Reading
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric. The Solana network has been closing the gap with Ethereum as key metrics indicate a rise in market share revenue in 2024. A bullish report published on Nov. 12 by hedge fund Syncracy Capital claims that Solana...Continue Reading
Bitcoin has notched another major milestone, topping $90,000 for the first time following the election of Donald Trump as the next US president. The price of Bitcoin has just crossed $90,000, the latest milestone in a record-breaking rally since Donald Trump won the 2024 United States presidential election. Bitcoin (BTC) hit a peak of $90,000...Continue Reading
Apple Studios and A24 are reportedly planning to adapt Michael Lewis’ book on the rise and fall of the former FTX CEO into a feature film. Sam “SBF” Bankman-Fried may still be looking at 25 years in prison, but production companies are reportedly developing a film based on the former FTX CEO’s rise and fall...Continue Reading
Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000. Increasing excitement over a crypto-friendly business environment in the United States following Donald Trump’s presidential election win caused the price of Ether (ETH) to jump over 37% over the last seven days to trade at highs not seen since...Continue Reading
SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said. DeFi Technologies, a cryptocurrency investing platform, has created a new company called SolFi designed to be a “Microstrategy for Solana” (SOL), according to a Nov. 12 announcement. SolFi is a spin-off of DeFi Technologies focused entirely on “providing investors...Continue Reading
The asset manager has filed with the SEC to list and trade shares of spot Hedera, Solana, and XRP exchange-traded products. Investment firm Canary Capital filed with the United States Securities and Exchange Commission (SEC) to list and trade shares of its spot Hedera exchange-traded fund, or ETF. In a Nov. 12 filing, Canary submitted...Continue Reading
Ether’s funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction? Ether (ETH) price surged to $3,444 on Nov. 12, its highest level since July. This rally followed Bitcoin (BTC), which hit an all-time high of $89,957 before adjusting to $87,000 on Nov. 12....Continue Reading
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