Crypto News
Bitcoin Price Makes Another Run at $100K as U.S. Traders Return After Thanksgiving
One week after its first attempt, bitcoin (BTC) is once again approaching the $100,000 milestone on Friday as crypto prices surged higher alongside the return of U.S. traders following Thanksgiving.The Coindesk Bitcoin Index climbed to a $98,690 session high during early U.S. hours, advancing 3.3% over the past 24 hours. The broad-market CoinDesk 20 Index surged 6.2% during the same period, indicating that altcoins led the advance. XRP, ADA, RENDER and HBAR booked double-digit gains during the day.Traditional U.S. markets are having a shortened session today after being closed on Thursday's holiday. U.S.-listed bitcoin miners — which don't always rise just because the price of bitcoin gains —, are moving higher, led by Bitdeer's (BTDR) 15% advance to notch a...
Dogecoin Leads Meme Coin Rebound as Bitcoin Price Nears $99K
Dogecoin and other meme coins are gaining after Thanksgiving as Bitcoin potentially gears up for another run at $100,000.Source link
‘Japan’s MicroStrategy’ Metaplanet to Raise $62 Million for Bitcoin Investment
The investment firm plans to “systematically increase” its Bitcoin holdings through a ¥9.5 billion stock issuance to raise funds.Source link
EU Banking Rules Give Crypto Firms an Edge Over US Counterparts, Analysis Finds
European Union banking regulations have provided a significant competitive advantage for crypto firms compared to the challenges faced by their U.S. counterparts, according to an analysis by Patrick Hansen, senior director of EU strategy and policy at Circle. Circle Exec: Regulatory Clarity Helps Europe Surpass U.S. in Crypto-Friendly Banks According to Hansen’s report, he highlightsSource link
I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It.
Justin Sun walked into the room flanked by his usual entourage of bodyguards and advisers and made his way to the stage. Behind him, a banana was duct taped in position on a white wall. On either side, two blank-faced men in white shirts and black aprons stared into the sea of cameras and smartphones. I wondered what they were thinking.As for what I was thinking, it was something along the lines of how ridiculous this all was. To give some background, on Nov. 21 Tron founder Justin Sun paid a whopping $6.2 million — including $1 million in commission — at an auction at Sotheby’s in New York for an artwork called Comedian. The work, created by modern artist...