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November 18, 2024
XRP has broken out of a seven-year consolidation pattern, signaling a potential 50% price surge in the months ahead. XRP (XRP) has soared 134% since the US election on Nov. 6, pushing its year-to-date returns into positive territory with gains exceeding 80%. XRP price has also exceeded $1 for the first time since December 2021....
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Paju city officials in South Korea target citizens with unpaid taxes, threatening to seize and sell their crypto assets if debts are not cleared by the end of November. Authorities in the South Korean city of Paju, located in the country’s Gyeonggi Province, have announced plans to seize and sell the cryptocurrency holdings of citizens...
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Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments. Tether, Kraken, and Fabric Ventures are backing Dutch fintech company Quantoz Payments in the launch of two stablecoins, EURQ and USDQ, compliant with the European Union’s Markets in Crypto-Assets...
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Polter Finance has suffered a $12 million flash loan hack, with the platform investigating stolen funds linked to Binance wallets and offering impunity to the attacker. Polter Finance, a decentralized non-custodial lending and borrowing platform, paused its operations and involved law enforcement after a hack reportedly drained its total value locked (TVL) of $12 million....
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BlackRock has secured a license in Abu Dhabi, focusing on AI and private markets while expanding its presence in the UAE’s crypto-friendly ecosystem. BlackRock, the multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, has received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates. According to Bloomberg,...
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Bitcoin traders seek new BTC price records in the coming days — can the market avoid a blow-off top if mass “FOMO” begins? Bitcoin (BTC) launches into a new week inches from fresh all-time highs after sealing its best-ever weekly close. Bitcoin saw only a modest dip into the latest record-breaking weekly close, leaving shorts...
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Sławomir Mentzen, a Polish presidential candidate, has vowed to create a Bitcoin reserve if elected in 2025.  Polish presidential candidate Sławomir Mentzen has vowed to create a Bitcoin reserve if he wins next year’s election, mirroring US President-elect Donald Trump’s promise made during his campaign. In a Nov. 17 statement to X, Mentzen doubled down...
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“You are a drain on the earth. You are a blight on the landscape. You are a stain on the universe,” the AI chatbot told the student.  A student in the United States received a chilling response from Google’s artificial intelligence chatbot Gemini when he asked for help with an assignment for college.  The Michigan...
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After acquiring Fintek Securities, Crypto.com can use the firm’s Australian Financial Services Licence to offer equities, derivatives, and forex trading to users in the country.  Crypto exchange Crypto.com has acquired Australian brokerage and trading company Fintek Securities, allowing them to offer traditional financial products outside of crypto to users in Australia. Fintek is regulated by...
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The continued market momentum would be driven by “regulatory relief,” one of the most important things coming out of the new administration, said ARK Invest’s Cathie Wood. Bitcoin may have recently hit a new all-time high at above $90,000, but ARK Invest’s Cathie Wood says it still has a “long way to go.”  She pointed...
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