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Crypto News
Can Markets Climb Higher on $1.1B OI?
Friday is Bitcoin options expiry day, and there has been an increase in derivatives trading in recent weeks as spot BTC ETF hype grows. Crypto markets have also been steadily gaining but can this expiry event add to the momentum?
Around…
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KyberSwap announces treasury grants for hack victims
KyberSwap intends to provide financial assistance to users affected by a significant exploit on Nov. 22, which led to a $48.8 million loss for the decentralized finance protocol. To address this, KyberSwap is establishing a grant initiative…
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Tiger Global Cuts Stakes on Bored Ape Yacht Club and OpenSea Holdings
The investment firm Tiger Global has reportedly reduced the valuation of its holdings in Bored Ape Yacht Club and OpenSea. Per a Bloomberg report, the company marked down the value of its investment in Bored Ape Yacht Club…
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Galaxy’s Novogratz Forecasts BTC Price to Shoot Above $70K on SEC Approval of Bitcoin ETF
Michael Novogratz, the founder and CEO of Galaxy Digital Holdings Ltd., anticipates that Bitcoin will reclaim its previous peak within a year, fueled by the growing expectation that the U.S. Securities and Exchange…
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Bitcoin (BTC) Price Prediction to $40K in 2023? This An…
TL;DR
BTC Resilience and Growth: Bitcoin has shown remarkable resilience, recently surpassing $38,500. Analyst KALEO predicts it could reach $45,000 by early December, following a potential brief drop to around $34,000.…
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Crypto thieves steal $363M in Nov, the most ‘damaging’ month this year
The cryptocurrency industry has now seen its most “damaging” month for crypto thievery, scams and exploits in 2023, with crypto criminals walking away with $363 million in November, according to a blockchain security firm.Around $316.4…
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Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm
Australia's controversial new guidelines for cryptocurrency taxation should be ignored for being unclear and should probably be seen as “toilet paper,” according to an Australian law firm.On Nov. 9, the Australian Tax Office (ATO) released…
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Bitcoin eyes best November since 2020 as PCE fails to m…
Bitcoin (BTC) brushed off fresh United States macro data into the Nov. 30 Wall Street open as traders focused on the monthly close.BTC/USD 1-hour chart. Source: TradingViewPCE keeps Fed pivot pressure aliveData from Cointelegraph Markets…
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DeFi could solve Africa’s foreign exchange problems, neobank CEO says
Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States dollar-based services in the continent’s import-dependent economies. This creates a vacuum that decentralized finance (DeFi)…
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Velodrome and Aerodrome DEXs Face Frontend Attacks
Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a compromise in their respective frontend systems.
Following the incident, both platforms urged…
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