Crypto News
Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall
After a prolonged downtrend relative to bitcoin (BTC), Ethereum's ether (ETH) is showing signs of a resurgence.ETH, the second-largest cryptocurrency on the market, gained over 4% in the past 24 hours, while BTC lost 1.5% during the same time, dipping below $95,000 during the Monday session. ETH even outperformed the broad-market CoinDesk 20 Index, which was up 0.5%.The outperformance happened as investors started to rotate capital to smaller, riskier cryptocurrencies over the weekend following the stall of bitcoin's near-vertical surge since Donald Trump's election victory. The ETH/BTC ratio, which measures ether's strength vs. bitcoin, plummeted to as low as 0.0318 on Thursday, its weakest reading since March 2021, but the gague has gained 15% since to 0.3660 at press time."The...
Solana Meme Coin Launchpad Pump.Fun Drops Livestreaming Amid Backlash
Popular meme coin creation platform Pump.fun disabled the livestream feature after it was used for an array of controversial streams.Source link
Can BTC Hit Six Digits? Exploring Bitcoin’s $100K Predictions With Kalshi and Polymarket Insights
As bitcoin (BTC) trades under the $96,000 mark at 1 p.m. ET on Monday, prediction markets Kalshi and Polymarket reveal mixed expectations for the cryptocurrency’s potential to reach $100,000 within the coming months and throughout 2024. Analyzing $100K Betting Forecasts From Kalshi and Polymarket Kalshi and Polymarket, two prominent prediction platforms, highlight varied confidence levelsSource link
Trump’s Sluggish DeFi Project Gets a Big Boost From Justin Sun’s $30M Token Purchase
The Donald Trump-backed cryptocurrency platform World Liberty Financial got off to a sluggish start, with investors buying far fewer of its WLFI tokens than the project hoped for.But now, Chinese-born crypto billionaire Justin Sun has just given it a significant boost, buying $30 million worth of WLFI.World Liberty is a decentralized finance (DeFi) platform backed by the incoming U.S. president and all three of his sons. The project is run by a circle of Trump world insiders, crypto entrepreneurs and financial figures.Sun, meanwhile, is best known for establishing TRON, a blockchain platform mostly popular in Asia. He is also affiliated with HTX, a popular crypto exchange formerly known as Huobi.On Nov, 25, $30 million of WLFI tokens were purchased by...
Optimizing Zoom Transcriptions with Multichannel Audio Recording
Enhance Zoom meeting transcriptions by leveraging multichannel audio recordings with AssemblyAI's advanced technology. Learn how to integrate Zoom API for accurate speech-to-text results. (Read More)Source link