The cryptocurrency market is abuzz with excitement as Bitcoin’s price surge on November 29 has brought it to multiday highs, with investors eagerly anticipating the $100,000 milestone. This significant development has sent ripples of enthusiasm throughout the market, sparking renewed interest in various cryptocurrencies. Among the numerous digital assets vying for attention, Algorand (ALGO), Worldcoin (WLD), and Hyperliquid (HYPE) have emerged as top contenders for investors’ consideration.
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Author: Jessica
Are 410x Trades Still Possible? This Trader Turned $4k into $1.7 Million with $CHILLGUY
A trader has turned a $4,000 investment into $1.7 million through strategic trades in the meme coin $CHILLGUY, achieving an extraordinary 410x return amid speculation about insider trading and the potential for similar gains in the market.
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Tron Founder Justin Sun Eats $6.2 Million Banana Artwork, Calls It “Really Quite Good”
This audacious marketing act generated significant media buzz for Justin Sun and his blockchain platform, Tron.
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XRP Worth $225m in Mystery Move as Ripple Token Flips BNB And Price Soars to $1.76, Next Stop $5?
XRP tokens worth $225 million are on the move as the Ripple token flips BNB to become the fourth-most-valuable coin in crypto. Find out more
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Make-A-Wish International Seeks Crypto Donations During Holiday Season
Make-A-Wish is asking for crypto donations through its partnership with digital asset donation vehicle The Giving Block, a press release this week from the nonprofit organization shows. The foundation estimates that 100,000 kids will be diagnosed with a critical illness in December alone.
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China’s Supreme Procuratorate Outlines Crypto Focus in New AML Law
Procurator-General Ying Yong of China’s Supreme People’s Procuratorate emphasized combating crypto laundering under the revised AML Law, citing its significance for financial and national security.
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Bitcoin ETFs See Record Monthly Inflows of $6.2B as BTC Price Nears $100K
BlackRock’s iShares Bitcoin Trust (IBIT) continues to lead the way with inflows of $5.4 billion in November alone.
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Is $8 Next for Near Protocol? $NEAR Up 265.4% In A Year
High-tech and super-scalable blockchain protocol Near Protocol ($NEAR), which many view as one of the best blockchain protocols to ride the ongoing AI boom, is currently probing $7, up more than 70% on the month and over 260% since this time last year.
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Russia Recognizes Crypto as Property, Imposes New Tax Rules on Mining
Russian President Vladimir Putin has signed a law recognizing cryptocurrencies as property and introducing new tax regulations, imposing a 13%-15% tax on transactions while exempting mining operations from VAT, effective January 1, 2025.
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Indonesia’s 2024 Crypto Transactions Exceed $30B with 21M Traders
Indonesia’s cryptocurrency market has surged to over $30 billion in transactions as of October 2024, with 21 million traders, reflecting a remarkable 352% growth from the previous year and solidifying its position as a leading global crypto adopter.
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