CRYPTO ASSETS

Crypto trader and analyst, who uses the X handle @JacobCanfield, in a recent tweet shared his analysis of Solana, predicting it could increase its market dominance between 12% and 15%.

The number of wallet addresses holding more than $1 million in BTC surged during the previous bull market in November 2021.

MicroStrategy purchased a total of 6,067 BTC for $167 million in Q3 2023, which means it spent $4.69 billion or 29,5686 per BTC.

The defendants were able to withdraw a whopping $953 million after allegedly pressuring FTX employees to speed up their requests and while regular customers faced delays.

Just like it created a buzz in the market when it filed an application for a Bitcoin exchange-traded fund (ETF), BlackRock sparked a surge in the price of ETH by registering an iShares Ethereum Trust in Delaware on Thursday.

A brief examination of Binance's 38DN2 wallet at 11:53 a.m. ET on Thursday revealed that it had already been emptied, as the billion-dollar transfer had taken place approximately seven hours earlier.

The latest development highlights one of the highest volumes observed in the entire year.

The upsurge, which saw ETH trade in the green zone above the $1,900 price level, signals the continuous momentum in the crypto market as it enters the second week of a bull run.

Grayscale Chief Legal Officer Craig Salm has also said financial giants like BlackRock and Fidelity are making progress with their spot Bitcoin ETF applications.

While the SEC has remained mum about the development surrounding the spot Bitcoin ETF applications, Bloomberg Intelligence analysts maintained their previous prediction that there is a 90% chance that the filings will be approved by Jan. 10, 2024.

This recent development aligns HSBC with major banks such as Deutsche Bank and JPMorgan, all of which have embraced blockchain applications in recent months.

The recent upsurge in the price of Shiba Inu came following a series of initiatives launched by the Shiba Inu development team.

ETF analysts think the odds for Bitcoin ETF approvals by the end of 2023 is 75%. They said the SEC might approve multiple filings at once.

Over 100 people profited $240,000 each from the scam while 200 individuals earned approximately 120,000 each.

The recent bull run in the cryptocurrency market led by the Bitcoin price rally fostered progress in many crypto assets, with XRP crossing a crucial psychological price mark for the first time in three months.

The Shiba Inu development team unveiled a new initiative this week as part of its goal of transforming SHIB into a more decentralized ecosystem.

The FTX estate has, by far, moved around $102 million in Solana to exchanges via a series of transactions that could impact the token and could trigger holders to dump their SOL holdings.

The Bitcoin value surge has ended the crypto market's long winter, with predominantly inactive long-term holders signaling a bullish sentiment.

The recent shift in Bitcoin dominance suggests that new investors are entering the market, as it follows a long period of market downtrend.

Currently, there are 12 spot Bitcoin ETF applicants awaiting a decision from the Securities and Exchange Commission (SEC).

John Deaton made the claim in a post on X in response to Ripple Labs chief legal officer Stuart Alderoty, who said the court ruling on the SEC vs Govil case underlined that the financial regulator cannot ask for a "crippling disgorgement award without first proving that 'investors' suffered actual financial harm. In other words, no harm, no foul."

Musk has over the years swayed prices of numerous crypto assets, especially DOGE with just his online posts. The tech billionaire can easily create his own cryptocurrency, but it appears that he is reluctant to officially launch one, and he hasn't explained why.

Based on the post, the upcoming initiative may have something to do with Shiba Identity since it mentioned that those interested need to submit basic contact information.

Block's Bitcoin revenue represented 43% of its $5.6 billion total revenue, driven by heightened consumer demand and positive spending, boosting its overall Q3 growth.

The Shiba Ecosystem marketing specialist teased about another initiative dropping next week, which she described as another pioneering feature of ShibaSwap 2.0 aside from the Shiba Name Service.

MicroStrategy is seemingly maintaining its bullish accumulation of Bitcoin showing no sign of slowing down as the fourth Bitcoin halving approaches and spot Bitcoin exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission (SEC) appears imminent.

Kusama disclosed that they could have owned a French luxury sports car Bugatti instead, they decided to invest the money in the development of "Shiba Eternity."

The value of XRP started to surge 10% over the weekend leading to its price reaching the $0.60 price level for the first time since Aug. 16.

USDC is the second-largest stablecoin in the market, with a supply of $25 billion.