Day: December 3, 2023

Bitcoin price surge toward $40K boosts sentiment in KAS, RUNE, MNT and RNDR

Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. This move shows that Bitcoin’s trajectory remains up. The bulls will try to maintain the momentum and achieve a strong close to the year, while the bears will try to pull the price down. The major tailwind for Bitcoin is the expectation that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund as early as January. Swan Bitcoin CEO Cory Klippsten said in an interview…

Arbitrum DAO passes $23M extra budget to fund all grant applicants

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The Arbitrum DAO has confirmed the disbursement of millions in extra tokens to fund all projects approved on its latest Short-Term Incentive Program (STIP), boosting its budget by $23.4 million. The proposal, voted by the Arbitrum community between Nov. 18 and Dec. 2, sought to distribute additional funds for projects approved for a grant but not funded due to the STIP’s cap of 50 million ARB tokens. The recent vote will result in the distribution of 21.1 million ARB tokens worth $23.4 million to an additional 26 projects. The supplementary…

When Is The Next Crypto Bull Run?

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The next crypto bull run, a highly anticipated event in the financial world, promises significant gains for investors according to many analysts and experts. This guide explores the dynamics of such crypto bull runs, their historical impact, and the potential triggers that could ignite the next bullrun. With a focus on Bitcoin’s influential role and expert insights into the possibilities for 2023 and 2024, we aim to provide a comprehensive understanding of what the future holds for crypto investors. Crypto Bullrun Phenomenon Explained The term ‘crypto bull run’ is more…

UAE’s regulatory structure draws crypto firms, Canaan’s revenue slumps, and more

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Behind the wave of companies moving or deploying initiatives in the UAE is regulation. The country has introduced regulatory frameworks for decentralized autonomous organizations (DAOs), virtual asset providers, metaverses and other Web3-related entities. By offering regulatory clarity and a clear path to compliance — amid a crackdown in the United States — the UAE is moving closer to fulfilling what it wants to be: an international financial hub for digital assets. While predictions about how it will affect the future of the UAE or the crypto space itself vary, history…

Convicting Zhao is just the beginning as crypto confidence hinges on greater oversight, analyst says

Samer Hasn, market analyst at asset broker XS Group, expects greater regulatory oversight in 2024. And that’s a good thing for investors, he tells crypto.news. “What we witnessed with Changpeng Zhao being convicted and stepping down from Binance management will not just stop [there],” he says. “Rather, it may make the market more compliant and transparent, which may contribute to paving the way for more confidence among lawmakers and law enforcement authorities in the U.S.” Bitcoin (BTC), as the largest crypto entity in the world, will likely be subject to…

Evolving threats in cryptocurrency: The outdated wallet dilemma

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As someone who has observed the crypto revolution unfold from the industry’s front seat, I find it hard not to be awestruck by the magnitude of this burgeoning domain. Digital assets and blockchain technology not only surpassed a $3 trillion market cap, but experts also predicted that they would keep on growing at a higher rate. Undoubtedly, the crypto market has transformed from an obscure curiosity into…

Full History, News, Schedule And Price Predictions

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Few events have garnered as much attention as the ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) – often referred to as “XRP lawsuit”. This legal battle, which has significant implications for the broader crypto market, has seen a series of twists and turns that have kept investors and industry observers on their toes. In this article, we delve into the details of the XRP lawsuit, provide the latest updates, and explore what the future might hold for XRP price. XRP Lawsuit Overview: What Are…

How blockchain improves daily healthcare routine, explained

The significance of blockchain in the daily healthcare routine Blockchain has the potential to revolutionize healthcare by preserving data integrity, fostering better teamwork, and increasing patient care — even in the face of ongoing difficulties with scale and integration. Blockchain technology has the potential to completely transform healthcare practices. Its importance stems from its capability to ensure record-keeping that is transparent, safe and unchangeable. This translates to improved patient-centered treatment, quick information sharing and data security in the healthcare industry.  Blockchain makes it easier to create a decentralized ledger that…

Crypto veterans are eyeing this new meme coin’s market moves

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Arbitrum (ARB) increased by 5.4% after Neptune offered a 40% cashback for the ARB community.  Axie Infinity (AXS) gains 25.9% despite Binance delisting news.  A new meme coin has established itself as a promising project after selling 2.25 million tokens in three weeks.  Arbitrum (ARB) and Neptune have partnered to offer a discount for the ARB community. Meanwhile, Axie Infinity (AXS) has gained in value despite the news of Binance delisting its USDT…

ORDI Shatters Records With New All-Time High In Bullish Surge

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BRC-20 tokens, commonly known as Ordinals, are experiencing major upward momentum as Bitcoin breaks past the $39,000 level. ORDI, the biggest of the BRC-20 tokens, is pulled up by BTC’s rally. According to CoinGecko, ORDI is up nearly 36% since yesterday, and currently trading at $32.42, it’s new all-time high.  This recent price action places ORDI under the limelight, putting enormous pressure on the bears while giving big gains for the bulls.  $39K Barrier Broken: What’s Next?  The market is encountering a slight rally with Bitcoin gaining momentum on the…