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Investor and crypto bull Dan Tapiero says that the rise of thousands of new memecoins in the digital asset space is laying the groundwork for traditional finance to adopt blockchain. In a new discussion on the Crypto Banter YouTube channel, Tapiero, who heads several venture capital firms, says that memecoins are battle-testing blockchains like Solana (SOL), troubleshooting them for weaknesses before traditional finance (TradFi) institutions migrate their money in the future. “I think that the ability of – this is mostly Solana – to manage the traffic, these are like rails, railroad tracks that are being put down. And I think that what Solana is showing is that a nearly infinite amount of activity can be run across these rails. So it’s like practicing. You’ve got hundreds and hundreds of trillions of dollars in the traditional world that gets moved around – SWIFT, between banks, all of that crap.  All of that money is not going to move into the b...

A cryptocurrency trading expert has identified Ethereum’s (ETH) latest price surge as a key signal for the start of a new bull market, potentially propelling the asset to as high as $8,000 in the coming months.  This momentum follows Ethereum’s breakout from a prolonged consolidation phase, which has signaled robust bullish sentiment as the asset edges closer to key resistance levels and the possibility of a new all-time high. Technical indicators point to a bullish breakout Alan Santana , a prominent cryptocurrency analyst, highlighted that Ethereum’s price rebound is largely anchored by the 200-day moving average (MA200), a critical long-term support level. Picks for you Bybit promotes crypto education Webinar in Africa with up to $10,000 in prizes 60 mins ago ...

Skale Network Gasless Platform: Unleashing DApp Potential! The blockchain ecosystem is evolving rapidly, but gas fees have long been a barrier to mass adoption. Skale Network, a leader in Ethereum-compatible scalability solutions, has introduced a groundbreaking solution: a gasless platform designed to empower developers and users alike. What Is Skale Network? Skale Network is an elastic blockchain platform that provides high throughput, low latency, and zero-cost transactions. Built to enhance Ethereum’s capabilities, it eliminates gas fees for end-users while maintaining decentralization and security. The Problem with Gas Fees High gas fees often discourage user participation, particularly during periods of network congestion. For developers, this means fewer active users and lower retention rates. By offering a gasless platform, Skale removes this obstacle, making DApps more accessible and user-friendly. Features of Skale’s Gasless Platform Scalability Skale operates with an elast...

Russia’s crypto mining has become a key weapon against Western sanctions. The country is now the second-largest Bitcoin mining center after the United States. A new law from November 1 created rules for Russian cryptocurrency laws. This validates mining and lets companies make international payments with digital coins, changing how Russia handles digital money and its role in global crypto. The move signals a major shift in the country’s strategy to counter international financial restrictions. Also Read: 2025 Commodity Trends: Oil and Copper Lead the Way – Prepare for Great Gains Discover how Russia’s Crypto Mining Laws Impact Sanctions Evasion and Boost Digital Payments Mining Operations and Legal Framework Bitcoin mining in Russia has hit new records. Miners made 54,000 bitcoins worth $3 billion. The law lets registered businesses mine crypto. Russia’s cryptocurrency laws give the Bank of Russia power to watch over operations. Small miners don’t need to ...

Amid the ongoing rise of the leading cryptocurrency, Spot Bitcoin ETFs have officially surpassed $100 billion in assets. Indeed, the investment vehicle followed BTC’s lead as the crypto skyrocketed to a $98,000 all-time high late Wednesday. The move marked the third consecutive day the asset reached a landmark price this week. Altogether, the total net asset value of the 12 Bitcoin ETFs approved in January of this year surpassed a mark of $100.55. The product’s surge has been driven by Bitcoin’s performance over the last month. Specifically, momentum from the 2024 US presidential election continues to push the asset higher. https://twitter.com/WatcherGuru/status/1859585437368549550 Also Read: VanEck Executive Predicts Impending Solana ETF Launch Bitcoin ETFs Pass $100B in Assets as BTC Sets Yet Another All-Time High 2024 has proven to be a monumental year for Bitcoin, but November is undoubtedly its greatest month of all time. The asset has reached continual landmark p...

The Slothana price soared 83% in the past week, despite being down 3% in the last 24 hours to trade at $0.00839 as of 11:42 p.m. EST on trading volume that plunged 21% to $1.8 million. Slothana Price Aims For A Sustained Rally The SLOTH/USD chart shows a recent bullish breakout after a prolonged sideways consolidation phase, as the Slothana price found support around the $0.0050 level, according to data from GeckoTerminal . The sharp upward movement is followed by a retracement into a channel, suggesting the asset is potentially consolidating its gains for the next move. Meanwhile, the price of Slothana now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a sign that SLOTH is on a sustained bullish trend. The Relative Strength Index (RSI) is in the mid-range, neither overbought nor oversold. This suggests that the market is in a phase of equilibrium after the strong rally. A break above 60 could signal renewed bullish momentum, while a drop b...

A major Microsoft Bitcoin investment could be on the horizon. MicroStrategy’s Michael Saylor will present a BTC strategy to Microsoft’s board. Their shareholders want a BTC assessment vote next month. They point to BTC’s five-year gains and MicroStrategy’s strong market performance in pushing for this significant change in corporate strategy. https://twitter.com/vaneck_us/status/1854915410371457236 Also Read: Ripple: When Will $1000 Worth of XRP Become $500,000? Microsoft’s Bitcoin Investment: Exploring BTC Strategy, Adoption, and Saylor’s Pitch Source: ENCRYPTOBYTE The Strategic Proposal Yes. I would be happy to discuss why & how with you. — Michael Saylor️ (@saylor) November 19, 2024 Saylor announced his board presentation during a VanEck X space. He tried to meet CEO Satya Nadella but was declined. He’ll also share his pitch online. His comprehensive plan demonstrates how Microsoft can leverage Bitcoin to strengthen its treasury positio...

DWF Labs, a crypto venture capital company, has announced the launch of its Listing Bot on Telegram. The bot gives users instant notifications across ten major exchanges, including Binance, HTX, Gate.io, Bybit, OKX, KuCoin, MEXC, Coinbase Exchange, UpBit, and Bithumb. Likewise, users can track real-time spot and futures listings, launchpad announcements, and multiple currency pairs (USD, SGD, THB, KRW, IDR). Picks for you Michael Saylor has become ‘the best Bitcoin miner’ — Here’s how 38 mins ago Gold is on fire today amid Ukraine-Russia war escalation with long-range US missiles 1 hour ago io.net joins Zero1 Labs to advance decentralized ...

The Bitcoin price edged up a fraction of a percentage in the last 24 hours to trade at $91,957 as of 02:17 a.m. EST on trading volume that surged 52% to $73.5 billion. This comes as MicroStrategy disclosed that it had acquired $4.6 billion worth of Bitcoin and revealed plans to raise $1.75 billion to bag more coins. The company now has 331,200 BTC purchased at an average price of $88,627, which means that the firm has over $13.7 billion in unrealized profits. Bitcoin Price Could Soar To A New High The Bitcoin price is in a bullish trend, as indicated by the breakout above the neckline of the Inverse Head and Shoulders pattern around $65,000 and the steep upward movement that followed. The price of Bitcoin now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the bullish stance. Moreover, the Relative Strength Index (RSI) is in the overbought zone, currently at 76 (above 70), suggesting the price has seen significant upward momentum and mi...

Is retail back or is MicroStrategy only pumping the price of bitcoin? With the price of bitcoin pumping, many investors were hopeful that it would prove the return of retail investment. However, the influence of a single corporation on the relatively thin number of spot bitcoins listed for sale is casting doubt on this idea. When US voters re-elected Donald Trump as president, the price of bitcoin immediately soared. Retail traders surged back to crypto markets to bid up prices of anything associated with his incoming administration: Trump NFTs, Tesla, Trump Media & Technology Group, DOGE, Fannie Mae, Freddie Mac, Coinbase, and of course, bitcoin. Bitcoin acquisition company MicroStrategy soon capitalized on this retail frenzy and placed massive bids for spot bitcoin. This morning, CEO Michael Saylor announced another 51,780-bitcoin purchase using $4.6 billion of his previously announced $42 billion capital raise. The company now owns 331,200 bitcoins or one-th...

The Casper price soared over 89% in the last 24 hours to trade at $0.0201 as of 5:17 a.m. EST as investors FOMO buy the crypto . With the recent gain, the CSPR price has pushed its weekly performance deeper into the green zone. As a result, the crypto is up more than 133% on the longer-term time frame. Casper Price Resting On A Key Support 4-hour chart for CSPR/USDT (Source: TradingView ) The Casper price is resting on the key support at $0.01905 after briefly breaking above the $0.02331 resistance in the last 24 hours. Should the crypto fall below the $0.01905 mark within the next 12 hours, it could stand the risk of dropping to the next support level at $0.01343 in the short term. On the other hand, the Casper price maintaining a position above $0.01905 for the next 12 hours could lead to a rebound in the altcoin’s price. In this more bullish scenario, traders might start to enter into a long position for the crypto . This could push CSPR back above $0.02331. A 4-hour can...

The XRP Ledger (XRP) and Cardano (ADA) surged this week as money started flowing to United States-related altcoins. Finbold asked for two artificial intelligence (AI) models to weigh in on whether XRP or ADA make a better buy for 2025, with the upcoming “biggest crypto bull run ever,” according to an analyst. Notably, XRP has recently crossed the $1 mark, while ADA nears it at $0.725. The two cryptocurrencies are up 83.59% and 23.73% in the last seven days, respectively, showing strong momentum. As Finbold reported, analysts believe XRP could reach $8, and ADA is heading to $6, a potential mutual eight-fold return. XRP and Cardano (ADA) seven-day price charts on November 17. Source: Finbold With that in mind, we turned to Perplexity Online and xAI’s Grok for insights on the better buy for 2025. These AIs stand out among their competitors – like OpenAI’s ChatGPT – by being able to scan the internet for real-time analyses. Therefore, they can provide up-to-date and relev...

A popular frog-themed meme asset that has surged 94% during the last week is seeing another leg up after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that investors can now buy, sell, trade, store and convert the popular memecoin Pepe (PEPE). “Pepe is now live on [coinbase.com] in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the listing sent PEPE’s price flying from its November 14th low of $0.00001909 to a peak of $0.00002222 the following day, a gain of 16%. The rise in price continues a trend that has seen PEPE skyrocket in price after the presidential election earlier this month. The day before the election, Pepe was valued at just $0.00000849. However, the meme asset rallied to a peak of $0.00002438 on November 13th, a staggering gain of 94%. PEPE has since stabilized and is trading for $0.000...

The Moo Deng price has surged 30%  in the last 24 hours to trade at $0.6226 as of 6:50 a.m. EST on a 7% jump in trading volume to $368 million. Moo Deng Price Sustains Momentum But May Encounter Resistance The MOODENG/USD trading pair on a 1-hour timeframe shows strong bullish momentum, with the price following a parabolic curve upward. Two key levels have supported this surge: a major support of around $0.348 and a secondary support zone between approximately $0.40 and $0.42. These support levels provide a base for the price to consolidate before taking off on its recent upward trajectory. The 50-period Simple Moving Average (SMA), currently around $0.4197, is trending upward and sits well below the current price. This SMA acts as a dynamic support, and as long as the price remains above it, the bullish sentiment is likely to continue. The 200-period SMA lies below both the 50 SMA and the price level, further confirming the uptrend, as shorter-term momentum exceeds the longer-t...