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Bitcoin’s NVT Golden Cross Points to $93,000 as Stepping Stone, Not the Top. Bitcoin (BTC) trades at $90,893, with the NVT golden cross at -3.25, signaling significant room for further price appreciation. Historical trends and analysts suggest BTC could surpass $100,000, potentially triggering retail involvement and extended gains. A bullish flag pattern indicates a potential rally to $104,228, but an overheated NVT reading may prompt a local top and correction. #Bitcoin #BTC #Crypto
Gary Gensler May Exit SEC Before January 2025 Amid Crypto Backlash. Speculation is growing that SEC Chair Gary Gensler may announce his resignation after Thanksgiving. Chair Gensler has faced criticism from the crypto community for his enforcement-heavy approach. Potential successors would be tasked with mending the relationship with the emerging cryptocurrency industry. #GaryGensler #SEC #Crypto #Resignation
Giggle Academy Breach Highlights $800 Million Crypto Phishing Crisis. Binance founder Changpeng Zhao's Giggle Academy official account on X was breached and used to spread phishing links. The incident highlights the growing threat of phishing attacks in the crypto industry, which have caused over $800 million in losses. Blockchain security firm CertiK noted increasingly sophisticated phishing methods, such as wallet draining and address poisoning, among hackers. #GiggleAcademy #Phishing #Crypto #Security
Solana (SOL) Volume Falls From $12 Billion as Bears Look to Halt Potential $300 Run. Solana (SOL) trades at $216, with trading volume dropping from $12.60B to $5.72B, signaling bearish resistance. Active addresses fell from 20M to 17.98M, reflecting declining network engagement and weakening support for a rally. If selling pressure persists, SOL could drop to $190.30, but increased volume and buying could push it toward $300. #Solana #SOL #Crypto
Shiba Inu Developer Wants Donald Trump to Hire a Blockchain Advisor. Shytoshi Kusama, lead developer of Shiba Inu, has urged Donald Trump to appoint a blockchain advisor for his administration. The advice came after rumors that the Trump administration was weighing the development of a blockchain-based election system. Such an appointment would be unsurprising considering Trump's nomination of crypto advocates to key roles in his government. #ShibaInu #Blockchain #Trump #Crypto
Ripple CEO Claims Trump’s Election Unlocked $800 Billion in US Crypto Industry. Ripple CEO Brad Garlinghouse praised Trump's crypto-friendly stance, highlighting XRP's surge since the election as a key indicator. Garlinghouse claims US crypto assets have unlocked $800 billion in value, citing opportunities from regulatory shifts and SEC lawsuits. He predicts a transformative era for crypto, driven by pro-business policies and increased investor confidence. #Ripple #XRP #Crypto #Trump #Regulation
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Crypto Whales Bought These Altcoins in the Second Week of November 2024. Whales accumulated $636M DOGE, driving an 85% price surge amid bullish sentiment tied to US government developments. Litecoin saw $106M in whale purchases, pushing its price up 20% to $85.87, with potential to approach $100 if buying persists. Whales also added 310M XRP ($267M) after Robinhood’s listing, fueling a 56% rally to $0.87 and speculation of hitting $1. #CryptoWhales #DOGE #LTC #XRP #Altcoins
New SDNY US Attorney to Cool Down Crypto Crackdowns after Bankman-Fried Conviction. The SDNY plans to scale back crypto prosecutions, focusing on high-profile cases like Sam Bankman-Fried's appeal. Trump announced pro-crypto former SEC Chair Jay Clayton as his choice for SDNY US Attorney, signaling a détente in crypto prosecution. Despite the shift, SDNY Attorney General Letitia James has been a vocal crypto critic, complicating immediate policy changes. #SDNY #Crypto #Regulation #BankmanFried #Trump
New SDNY US Attorney to Cool Down Crypto Crackdowns after Bankman-Fried Conviction. The SDNY plans to scale back crypto prosecutions, focusing on high-profile cases like Sam Bankman-Fried's appeal. Trump announced pro-crypto former SEC Chair Jay Clayton as his choice for SDNY US Attorney, signaling a détente in crypto prosecution. Despite the shift, SDNY Attorney General Letitia James has been a vocal crypto critic, complicating immediate policy changes. #SDNY #Crypto #Regulation #BankmanFried #Trump
Elon Musk Names Microsoft in OpenAI Suit, Reveals Rejected 2018 ICO. Elon Musk's lawsuit against OpenAI now includes Microsoft and other backers, alleging a profit-driven values shift. Court documents reveal Musk opposed OpenAI’s 2018 cryptocurrency launch idea, citing his long history with this question. OpenAI claims Musk knew about its profit-seeking pivot since as early as 2015, citing financial necessity for AI advancements. #ElonMusk #OpenAI #Microsoft #Lawsuit #Crypto
Dogecoin Lawsuit Against Elon Musk Ends as Investors Drop Appeal. Dogecoin investors have dropped their class-action lawsuit against Elon Musk, which alleged market manipulation and insider trading. Both sides have withdrawn motions seeking sanctions, ending legal disputes following the case's dismissal in August. The lawsuit claimed Musk’s public statements influenced Dogecoin’s price, but the judge ruled they did not amount to securities fraud. #Dogecoin #ElonMusk #Lawsuit
3 New Cryptos Launched This Week to Keep an Eye On. MAYA, Banana, and Jorgie have quickly gained attention. MAYA has a $21.4M market cap and 36,000 holders, up 40% in 24 hours with an RSI of 42.44. Banana achieved a $36.6M market cap and 14,000 holders in 3 days, with an RSI of 58. Jorgie garnered 22,000 holders and a $14.3M market cap in 2 days, with an RSI at 44.07. #Crypto #NewLaunches #MAYA #Banana #Jorgie
GOAT Price Surges to Record High, But Indicators Signal Potential Pullback. GOAT's ADX drops to 27.63, signaling weakening trend strength. RSI at 67.63 suggests GOAT is nearing overbought levels, indicating a potential correction. A 39% correction risk is present, with critical support at $0.76. #GOAT #Crypto #MemeCoin
Mantra (OM) Price Hits All-Time Highs Amid Strong Uptrend. OM price surges 20%, with robust technical indicators like ADX (26.48) and Ichimoku Cloud confirming a bullish trend. EMA alignment backs a sustained uptrend, with potential for new highs. Key support zones at $1.35 and $1.25 are critical. #Mantra #OM #Crypto #AllTimeHigh
Greenidge Generation Wins Legal Battle Over Its Crypto Mining Facility in New York. The New York Supreme Court overturned the DEC’s denial of Greenidge’s Title V Air Permit, allowing continued operations at its Dresden facility. The court ruled the DEC acted arbitrarily and capriciously, misapplying the state’s climate law. #Greenidge #CryptoMining #NewYork #DEC
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Bhutan Sells $33 Million in Bitcoin As BTC Drops Below $90,000. Bhutan sold 367 Bitcoin, valued at $33.5 million, via Binance. The government holds 12,206 Bitcoin, worth $1.11 billion, making it the fifth-largest government holder. Unlike other nations, Bhutan mines Bitcoin using hydroelectric resources. #Bhutan #Bitcoin #Crypto
FET Price Struggles to Keep Up with AI Crypto Rivals. FET price drops 8% amid AI crypto boom, underperforming competitors like RNDR. Whale activity declines, with wallets holding 1M–10M FET dropping from 153 to 149. Bearish signals suggest a possible 16% correction, with support at $1.18 and resistance at $1.53. #FET #Crypto #AI #Market