Bitcoin (BTC) surged to an all-time high of $93,481 today, marking a milestone as the cryptocurrency market surpassed a $3 trillion valuation. Record-Breaking Bitcoin Price Sparks $3 Trillion Milestone for Crypto Market The price of bitcoin (BTC) surged to a record high of $93,481 today, marking a new milestone for the cryptocurrency. This recent increase […] Original
One whale risked over $2 million on new meme coins Peanut the Squirrel ($PNUT) and First Convicted Raccoon ($FRED) last week, but it paid off in dividends. The trader has made millions in unrealized profits. But now, investors are searching for the next millionaire-making meme coin โ and it might be Pepe Unchained ($PEPU). Unknown [โฆ] Source CryptoX Portal
โThe feedback from experienced traders has been very positive, with many already taking advantage of our near-zero fees, wide range of available assets, and seamless integration with their Revolut accounts,โ said Leonid Bashlykoc, head of product at Revolut. Source
The scheme promised 20x returns through investing in tokens that in reality had little value. Source
Coinbaseโs new cryptocurrency index introduces a regulated crypto benchmark, offering investors broad exposure and setting a new standard for transparency in the digital asset market. A New Crypto Benchmark Emerges โ Coinbaseโs Bold Move with COIN50 Index Coinbase (Nasdaq: COIN) has launched the Coinbase 50 Index (COIN50), which the crypto exchange described as โa regulated [โฆ] Source CryptoX Portal
Italyโs government is considering lowering its proposed tax hike on crypto trades, reducing the planned rate increase from 42% to 28%. This shift comes as Prime Minister Giorgia Meloniโs coalition appears inclined to amend the tax proposal, which was initially part of Octoberโs budget plan, to support the countryโs growing digital asset sector, according to Bloomberg. Italyโs steep crypto rate increase Currently, crypto transactions in Italy face a 26% tax, but officials had proposed raising this to 42% to boost public finances.ย Crypto industry executives, however, voiced concerns, arguing that…
Bernstein analysts foresee a crypto bull market fueled by Trumpโs pro-bitcoin stance, urging investors to seize this opportunity for gains, with a $200K bitcoin target by 2025. Bernstein Calls for Aggressive Crypto Investment Amid Pro-Bitcoin Policies Leading research and brokerage firm Bernstein, with analysts led by Gautam Chhugani, has issued a strong recommendation for cryptocurrency [โฆ] Source CryptoX Portal
Proposed soft forks percolate up from the bitcoiner community. They undergo study and debate, and if they find sufficient interest, get a Bitcoin Improvement Proposal (BIP) number. From there, they face more debates, security reviews, debates, and also debates. BIPs that win community consensus (whatever that means) must then be activated as a soft fork โ a mechanism that itself is up for debate. Source
The largest crypto retraced around 5% to the low-$85,000 level earlier Tuesday, shaking out some late leveraged buyers. The pullback didnโt last long, though, with prices quickly rebounding and clinching a new all-time high of $90,100 on Coinbaseโs BTC-USD pair towards the later hours of the U.S. session before giving back some of the gains. The CryptoX Bitcoin Index (XBX), which tracks pricing data from multiple exchanges, hit $89,971 as the price on Coinbase topped $90,000. Source CryptoX Portal
“More than retail investors, institutions are driven by government signals,” Nathan McCauley, CEO and co-founder of digital asset custody provider Anchorage Digital, said in an emailed note. “The anticipation of a pro-crypto government next year is proving to be an institutional catalystโthe likes of which we have never seen.” Source