Day: December 11, 2024

Manchester employee handed suspended prison sentence for illegally accessing personal information

A motor insurance worker who unlawfully accessed personal information has been handed a suspended prison sentence after an investigation by the Information Commissioner’s Office. Rizwan Manjra, 44, from Bolton, led a team dealing with accident claims for Markerstudy Insurance Services Limited (MISL), based in the Arndale Centre in Manchester city centre. His unlawful conduct was discovered after MISL reported to the ICO that it suspected an employee was unlawfully accessing its systems. Concerns were raised by third party insurers that MISL worked with, relating to 185 claims. The insurers became…

Bitcoin price to hit $275,000, top crypto expert predicts

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Bitcoin price has encountered strong resistance around the $100,000 level amid profit-taking by retail investors. Bitcoin (BTC), the biggest cryptocurrency, was trading at $98,900 on Dec. 11, lower than the all-time high of about $104,000.  Crypto analysts believe the coin has more upside potential as demand continues to grow while supply diminishes. In a recent piece, the Wall Street Journal noted that the coin’s supply was one of the primary reasons why it will continue rising in value.  Bitcoin’s supply is capped at 21 million coins, with over 19.7 million…

Crypto travel platform Travala introduces Bitcoin reserve plan 

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Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue.  The plan will see the company hold reserves in Bitcoin (BTC) and its native AVA token to strengthen its financial foundation and support future growth, according to a company release. Travala integrates blockchain technology to offer travel bookings paid with cryptocurrencies and traditional currencies. To expand its reach, the company has partnered with travel metasearch engines like Skyscanner and KAYAK.  Travala’s growth coincides with record highs in the crypto…

Solana Price At $4,000? Cup And Handle Pattern Shows Why This Is Possible

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Este artículo también está disponible en español. The Solana price is currently in a massive supply zone after recent declines in the past 48 hours that cut across the entire crypto landscape. Notably, technical analysis suggests that the Solana price is on the way to a massive breakout that would see both its price and market cap surge by over 1,700% in the near future. This analysis is highlighted by a cup and handle formation that has been in play for over two years. According to Solana price analysis shared…

‘History Has Absolved Roger’: Amir Taaki Slams Bitcoin Core Leadership in Fiery Social Media Post

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On Wednesday, after Roger Ver’s guest appearance on Tucker Carlson, Amir Taaki, a former Bitcoin Core developer, took to social media to share his thoughts about the situation. Taaki emphasized that the ultimate verdict on a man’s actions lies in history, asserting that “history has absolved Roger.” ‘Bitcoin Needs New Leadership’: Former Bitcoin Core Developer […] Original

Goldman Sachs Considering Bitcoin is Exactly How Best Wallet Is Slated to Reach $4.4bn of the Non-Custodial Market

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Sentiment from the head of a Wall Street giant signals good news for the cryptocurrency economy. Goldman Sachs CEO David Solomon has said that the investment banking major would evaluate trading cryptocurrencies should US regulations permit the bank to do so. “At the moment, as a regulated banking institution, we’re not allowed to own a cryptocurrency like Bitcoin as a principal,” he said at a Reuters Next conference, held on Tuesday, 10 December. “We give our clients advice around a variety of these technologies and these issues, and will continue…

Big Money Bets on Crypto: $745M Pours Into Bitcoin and Ethereum ETFs in a Single Day

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On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.56 million in […] Original

Tether’s USDT Hits New High—330 Million Wallets And Counting

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As of the end of Q3 2024, Tether’s USDT stablecoin has hit a new record with 330 million on-chain wallets. This shows that USDT is the market leader in stablecoins and is accompanied by an astounding rise in acceptability, particularly among small holders. Stablecoins are becoming more popular for a variety of financial transactions, including savings, remittances, and transactions, which is driving the rise. Unprecedented USDT Growth Among Small Holders According to Tether’s latest data, the number of wallets holding USDT has increased by 71% in just one year. This rise…

Lessons from $LUIGI as $SLAP Gains 220%

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Este artículo también está disponible en español. As meme coins continue to win over the public’s hearts and wallets, analysts wrestle with their irreverent, often degenerate appeal. Take $Luigi, a meme token inspired by Luigi Mangione, the lead suspect in the December 4 shooting of UnitedHealthcare CEO, Brian Thompson. The coin soared to a $77 million market cap just two days after launching earlier this week, in what can only be read as a protest against Mangione’s arrest on 9 December.  Mangione has been cast as something of a hero…

Raydium Outshines Uniswap in Monthly DEX Volumes

Meme coin trading was a key driver of Raydium’s volume with meme coins accounting for 65% of Raydium’s monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row. This saw Raydium emerge as the top DEX by volume […] Source BitcoincryptoexchangeExchanges CryptoX Portal