crypto

Investor Chris Burniske Explains How Memecoins Will Force Change in Valuation Approach for Other Crypto Projects

November 17, 2024 The Daily Hodl

Altcoins

Venture capitalist Chris Burniske thinks meme tokens have a purpose that will ultimately lead to the development of fundamentally sound crypto projects. Burniske tells his 303,400 followers on the social media platform X that he believes the dominance of memecoins in this market cycle is forcing the hand of other crypto projects to innovate and […]

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Nigerian Crypto Industry Players Applaud Proposal to Jail Ponzi Operators

November 16, 2024 Bitcoin.com

Africa

Nigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s digital asset industry have hailed a draft bill proposing hefty fines and jail […]

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Prominent US Prosecutor’s Office To Reduce Focus on Crypto Cases, Says Top Official: Report

November 16, 2024 The Daily Hodl

crypto

A prominent US Attorney’s office reportedly plans to reduce its focus on crypto cases with Donald Trump headed back to the White House. On Thursday, Trump announced on Truth Social that he planned to nominate Jay Clayton as U.S. Attorney for the Southern District of New York. Clayton led the Securities and Exchange Commission (SEC) […]

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Crypto Prices Cool as Fed Chair Jerome Powell Strikes Ambiguous Tone on Future Monetary Policy Choices

November 16, 2024 The Daily Hodl

crypto

After nearly two weeks of explosive gains, crypto prices briefly cooled on Thursday and into Friday, possibly due to a speech delivered by U.S. Federal Reserve Chair Jerome Powell. Powell spoke in Dallas on Thursday and struck a somewhat ambiguous tone about future US monetary policy choices. He continued to emphasize that the Fed views […]

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Infamous Crypto Hacker Behind Nearly $11,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison

November 16, 2024 The Daily Hodl

Bitcoin

The notorious hacker behind the massive $10.934 billion exploit of crypto exchange Bitfinex is being sentenced to five years in prison. According to a new press release by the U.S. Department of Justice (DOJ), Ilya Lichtenstein – who hacked Bitfinex in 2016 and fraudulently sent 119,754 Bitcoin (BTC) to a wallet under his control – […]

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Trump policies could take DeFi, BTC staking mainstream: Redstone co-founder

November 16, 2024 Coin Telegraph

Bitcoin

Trump’s administration could push DeFi from niche to mainstream, with crypto advocates eyeing potential pro-crypto policy shifts.

Donald Trump’s return to office in 2025 has sparked speculation throughout the crypto industry surrounding how his administration may influence digital finance.

Marcin Kaźmierczak, co-founder and chief operations officer at RedStone, suggested in an interview with Cointelegraph that the new Donald Trump administration “could drastically propel” the expansion of decentralized finance (DeFi).

Kaźmierczak also explained that Bitcoin (BTC) price surges “typically” trigger increased DeFi service activity, stating that “as BTC escalates, it doesn’t just climb in isolation; it lifts the entire DeFi sector.”

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PEPE Memecoin, Already Up 94% in a Week, Gets Further Boost From Coinbase Listing

November 15, 2024 The Daily Hodl

ada

A popular frog-themed meme asset that has surged 94% during the last week is seeing another leg up after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that investors can now buy, sell, trade, store and convert the popular memecoin Pepe (PEPE). “Pepe is now live on [coinbase.com] […]

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Trader Michaël van de Poppe Says Ethereum-Based Altcoin on Cusp of ‘Big Breakout,’ Updates Outlook on Bitcoin

November 15, 2024 The Daily Hodl

Altcoins

A closely followed crypto analyst says that one Ethereum (ETH)-based altcoin is ready to skyrocket while updating his outlook on Bitcoin (BTC). In a new strategy session, crypto trader Michaël van de Poppe tells his 732,000 followers on the social media platform X that decentralized credit marketplace Clearpool (CPOOL) is gearing up for a massive […]

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Bitcoin to hit ‘repeated all-time highs’ over next 2 quarters: VanEck

November 15, 2024 Coin Telegraph

Bitcoin

Matthew Sigel, VanEck’s head of digital assets research, says Bitcoin is in “blue sky territory” and expects the cryptocurrency to run up to $180,000 in 2025.

Bitcoin’s record-breaking rise since the United States elections is expected to continue, and investment manager and fund issuer VanEck is targeting a price of $180,000 for sometime next year.

“It is just getting started,” VanEck’s head of digital assets research, Matthew Sigel, told CNBC’s Squawk Box on Nov. 14.

“We’re now in blue sky territory, no technical resistance, and we think we are likely to make repeated all-time highs over the next two quarters,” he added.

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dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

November 14, 2024 The Daily Hodl

Altcoins

A dog-themed rival of Dogecoin (DOGE) is continuing its post-election ascent after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that popular meme asset dogwifhat (WIF), which launched less than a year ago in December 2023, is now available on its platform to buy, sell, end, send and […]

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