Is The Garlinghouse-Trump Connection Fueling The Rise?

Este artículo también está disponible en español. The price of XRP has surpassed $1, a significant milestone that has not been observed since December 2021. The cryptocurrency’s market capitalization increased by $20 billion to approximately $64 billion on November 17, when it reached $1.23. This surge has incited a frenzy of discourse within the cryptocurrency community; however, it is not solely the price that is garnering attention. Related Reading The Pot Is Being Stirred By Rumors Of A Meeting With Trump Most of the conjecture about XRP’s surge stems from…

Project Liberty Joins SOAR to Challenge Centralized Social Media Giants With AI, Decentralized Data

Since establishing the Frequency blockchain, Project Liberty has recruited 1.3 million users. SOAR’s Family and Citizens will bring tens of millions more in the future, as people look for alternatives to existing all-powerful social media platforms, said Tomicah Tillemann, Project Liberty’s president. As well as bringing decentralization it’s a chance “to do AI right,” he said. Source

MEXC Unveils Industry’s Biggest Ferrari Giveaway With a 10,000,000 USDT Prize Pool

PRESS RELEASE. Singapore, November 18, 2024 – MEXC, one of the world’s top cryptocurrency exchanges, has officially launched its much-anticipated Ferrari Giveaway event, featuring the largest prize pool in the industry. With an impressive 10,000,000 USDT up for grabs, this event represents a major milestone for MEXC, reinforcing its commitment to delivering unmatched value and […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin Demand Outpaces Supply – On-Chain Metrics Reveal Low Seller Volume

Este artículo también está disponible en español. Bitcoin spent the weekend trading within a relatively narrow range of $91,700 to $88,700, demonstrating robust price action. Despite the lack of significant price movement, the consistent ability to hold within this range underscores Bitcoin’s current strength and growing market confidence. Key data from CryptoQuant adds further optimism, revealing a notable reduction in selling pressure. The data indicates fewer sellers in the market, aligning with the broader bullish sentiment that has fueled Bitcoin’s recent momentum. With the supply side constrained, demand could propel…

Bitcoin mining profits in Russia to face new 15% tax rules, officials say

The Russian government has greenlit draft amendments to a bill aimed at taxing crypto mining and transactions. Russia is moving forward with a draft amendment to its Bitcoin (BTC) mining legislation, introducing new tax rules for crypto mining, transactions, and related infrastructure. According to an Interfax report, the amendments, announced by the Ministry of Finance, establish new guidelines for taxing income and expenses in the crypto mining sector, along with outlining the tax obligations for operators of mining infrastructure. Under the changes, cryptocurrencies are defined as property for tax purposes.…

Metaplanet Secures Over $11M in Bonds to Boost Bitcoin Holdings

Metaplanet, a company listed on the Tokyo Stock Exchange, has announced the issuance of about $11.31 million (¥1.75 billion) in one-year bonds with a 0.36% interest rate, with the proceeds earmarked for additional purchases of bitcoin (BTC). This strategic move underscores Metaplanet’s commitment to expanding its cryptocurrency investments amid a growing interest in digital assets. […] Original

Binance Pool launches fractal BTC mining starting Nov. 18

Users can now participate in BTC mining on Binance Pool and earn rewards in the form of Fractal Bitcoin. Though, the exchange has no plans to list the FB token any time soon. In a recent announcement, Binance introduced a new feature on Binance Pool that supports merged mining for Fractal Bitcoin. Fractal Bitcoin is a layer 2 side-chain Bitcoin(BTC) scaling solution which uses the Bitcoin core code to “scale unlimited layers on top of the world’s most secure and most-held blockchain,” according to the official website. Binance Pool’s Fractal…