Every day this week we’re highlighting one genuine, no bullsh*t, hype free use case for AI in crypto. Today it’s the potential for using AI for smart contract auditing and cybersecurity, we’re so near and yet so far.

AI artwork for the ChatGPT written TurboToad memecoin. (Twitter)

One of the big use cases . . . → Read More: Real AI use cases in crypto, No. 3: Smart contract audits & cybersecurity

Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack on Nov. 10.

Poloniex took to X (formerly Twitter) on Nov. 29 to announce that it will be gradually resuming deposit and withdrawal services on Nov. 30 at 2:00 am UTC.

The crypto exchange stressed that it will . . . → Read More: Poloniex prepares to resume withdrawals after $100M hack

A new Bitcoin nonfungible token (NFT) marketplace aims to reduce network fees associated with the advent of Bitcoin Ordinals inscriptions by tapping into the Internet Computer Protocol (ICP).

Developed off the back of the creation of Bitcoin Ordinals in early 2023, Bioniq operates on the ICP and taps into its native Bitcoin integration to . . . → Read More: Bitcoin NFT marketplace Bioniq eyes lofty goal of alleviating network congestion

Spanish financial services giant Banco Santander has reportedly selected digital asset management firm Taurus to safeguard its Swiss clients’ Bitcoin (BTC) and Ether (ETH).

On Nov. 20, Santander Private Banking International’s Swiss private banking unit rolled out a new Bitcoin and Ether trading service for clients with Swiss accounts. A Santander spokesperson told . . . → Read More: Santander appoints crypto custodian Taurus to safeguard Bitcoin, Ether: Report

Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey is backing a new BTC mining pool to help miners regain control of block rewards and transaction fees.

Dorsey has led a $6.2 million seed round for Mummolin, the parent company of the new decentralization Bitcoin mining pool called Ocean, according to an . . . → Read More: Jack Dorsey wants to decentralize Bitcoin mining with new investment

Bitcoin (BTC) may suffer when the United States approves the first spot exchange-traded fund (ETF), a new warning says.

In a thread on X (formerly Twitter) on Nov. 28, Joshua Lim, head of derivatives at capital market firm Genesis Trading, predicted a volatile start to 2024 for BTC price action.

Bitcoin ETF approval: Retail . . . → Read More: ‘Buy the rumor, sell the news’ — Bitcoin ETF may spark TradFi sell-off

For every genuine blockchain project harnessing artificial intelligence there are 100 coins trading off the hype.

Magazine spoke with Near founder Illia Polosukhin, Framework Ventures founder Vance Spencer, MakerDAO founder Rune Christensen, Richard Ma from Quantstamp, Ralf Kubli from Casper and others to explore some of the key hype-free, genuine use cases for AI . . . → Read More: Real AI use cases in crypto, No. 2: AIs can run DAOs

Cryptocurrency mining firm Phoenix Group is preparing for its public trading launch after seeing a significant oversubscription during the pre-market sale on Nov. 21.

Phoenix’s public trading launch will be delayed as the firm has revised the date for its forthcoming initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX).

According . . . → Read More: Bitcoin mining firm Phoenix Group delays share listing

Many predicted that Binance would never embrace regulation — it would only pretend to comply in jurisdictions like the United States. 

No more.

Binance pleading guilty to money laundering and other federal charges on Nov. 21 means it’s giving up its free-booting ways. It will also pay a $4.3 billion fine, the . . . → Read More: Why Binance’s US plea deal could be positive for crypto adoption

Bitcoin (BTC), the largest cryptocurrency by market value, experienced its first-ever halving 11 years ago today. As the community celebrates the anniversary of the first Bitcoin halving, it’s timely to revisit some of Bitcoin’s historical milestones ahead of the next halving expected in April 2024.

The first Bitcoin transaction occurred nearly 15 years ago . . . → Read More: 11th anniversary of Bitcoin’s first halving: From $12 to $37,000

For every genuine blockchain project harnessing artificial intelligence in an attempt to create a better world — like Dr Ben Goertzel’s Singularity.net — there are 100 coins like AI Doge that have simply wedged the hyped-up terms “AI” and “Crypto” together to flog tokens.

“Those are just fundamental buzzwords,” explains Near blockchain founder Illia . . . → Read More: Real AI use cases in crypto, No. 1: The best money for AI is crypto

Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson for HKVAEX has said.

Amid multiple reports erroneously suggesting that HKVAEX has applied for an SFC license, the HKVAEX representative claimed the crypto exchange has yet to submit an . . . → Read More: Binance-linked HKVAEX still preparing to apply for license in Hong Kong

Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next?

BTC price action has held higher after spiking above $38,000 last week, but since then, a testing “micro-range” has left bulls and bears locked in battle.

Whether a deeper retracement will come or a trip . . . → Read More: BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week

The cryptocurrency mining company Hive Digital Technologies has revealed plans to expand its global presence through a new acquisition of property and a data center in Boden, Sweden.

On Nov. 27, the company announced that it entered a property transfer agreement with Turis AB to take over the property of a data center . . . → Read More: Crypto miner Hive expands data center operations in Sweden

Robert Kiyosaki, the author of the personal finance book Rich Dad Poor Dad, has reiterated his support for assets like Bitcoin (BTC), gold and silver as inflation threatens to worsen living standards globally.

The price of gold recently crossed $2,000 per ounce, marking a steady recovery amid the weakening value of fiat currencies. . . . → Read More: Robert Kiyosaki recommends Bitcoin, gold, silver investments ‘before it’s too late’

Bitcoin (BTC) held near $38,000 into the Nov. 26 weekly close as traders boosted their BTC price optimism.

BTC/USD 1-hour chart. Source: TradingView Bitcoin buyers give bears no room for maneuver

Data from Cointelegraph Markets Pro and TradingView showed a typically flat weekend for Bitcoin, with classic volatility yet to hit as the weekly . . . → Read More: Bitcoin bulls hold firm into weekly close: BTC price eyes $39.3K

Top Stories This Week US officials announce $4.3B settlement with Binance, plea deal with CZ

Binance and its co-founder, Changpeng “CZ” Zhao, have reached a settlement over criminal and civil cases with the United States Department of Justice. CZ will plead guilty to one felony charge as part of the negotiated agreement. Attorney General . . . → Read More: BlackRock meets with SEC over ETF, Binance’s new era begins and SBF loses release bid: Hodler’s Digest, Nov. 19-25

BitMEX co-founder Arthur Hayes is bullish on Bitcoin (BTC). Hayes shared his thoughts on X Alongside a chart depicting net reverse repurchase agreement (RRP) and treasury general account (TGA) balance changes, Hayes referred to United States Treasury Secretary Janet Yellen as “Bad Gurl Yellen.”

In the X post, Hayes encouraged fellow Bitcoin enthusiasts to . . . → Read More: BitMEX co-founder predicts Bitcoin surge amid dollar liquidity rise

Bitcoin (BTC) buyers should enjoy the chance to add to their stack below $40,000, says one of the crypto industry’s household names.

In a post on X (formerly Twitter) on Nov. 24, PlanB, creator of the stock-to-flow family of BTC price models, hinted that current levels would not be around long.

PlanB: Time is . . . → Read More: ‘Enjoy sub-$40K Bitcoin’ — PlanB stresses $100K average BTC price from 2024

Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in New York by a number of high-profile news publications.

A statement from the USDT stablecoin issuer and cryptocurrency exchange shared with Cointelegraph notes that it is committed to transparently sharing information following a FOIL . . . → Read More: Tether, Bitfinex agree to drop opposition to FOIL request

European Central Bank (ECB) president and prominent Bitcoin (BTC) critic Christine Lagarde has shared a family story about unsuccessful cryptocurrency investments, according to a report from Reuters.

Lagarde told students at a town hall in Frankfurt on Nov. 24 that her son lost “almost all” of his investments in crypto assets despite persistent . . . → Read More: Bitcoin critic, ECB chief Lagarde says her son ‘ignored’ her, lost money on crypto: Report

Bitcoin (BTC) bulls kept the pressure on 18-month highs on Nov. 24 as analysis eyed buyer interest spiking.

BTC/USD 1-hour chart. Source: TradingView Bitcoin fights for new 18-month high

Data from Cointelegraph Markets Pro and TradingView showed the BTC price trajectory heading upward into the Wall Street open.

The largest cryptocurrency saw increasing momentum . . . → Read More: Bitcoin buyer pushes BTC price past $38K as traders demand key breakout

The saga of Terraform Labs co-founder Do Kwon continues to unfold, with a court in Montenegro approving his extradition to either South Korea or the United States.

The High Court of Podgorica has determined the legal requirements for Kwon’s extradition, according to an official statement posted on the court’s website on Nov. 24.

As . . . → Read More: Do Kwon extradition approved by Montenegro court

Cathie Wood’s investment firm, ARK Invest, has sold 700,000 shares of the Grayscale Bitcoin Trust (GBTC) over the past month, even as Bitcoin (BTC) hit 17-month highs over excitement for a possible spot Bitcoin exchange-traded fund (ETF).

The ARK Next Generation Internet ETF (ARKW) sold 36,168 GBTC shares on Nov. 22, offloading a total . . . → Read More: Cathie Wood’s ARK dumps 700K GBTC shares in one month

The Austrian subsidiary of European lender Raiffeisen Bank is preparing to allow its clients to trade cryptocurrencies like Bitcoin (BTC) in the coming months.

After initially announcing its crypto plans in April 2023, Raiffeisen Bank’s Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) is moving forward with a crypto rollout in collaboration with the Austrian crypto firm . . . → Read More: Raiffeisenlandesbank to launch Bitcoin trading in early 2024

Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin (BTC), saying he was premature in calling for investors to sell the cryptocurrency.

In a Nov. 22 segment of his CNBC Mad Money show, Cramer responded to a caller who inquired about buying shares in Bitcoin miner CleanSpark, saying that anyone . . . → Read More: Jim Cramer admits he was wrong about Bitcoin — ‘I was premature’

The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward, which is expected to accelerate early next year, the heads of Australia’s largest crypto exchanges believe.

Independent Reserve CEO Adrian Przelozny told Cointelegraph he expects market activity to see an uptick in . . . → Read More: ‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads

Bitcoin (BTC) may not reclaim $40,000, despite increasing excitement over a spot exchange-traded fund (ETF).

In recent analyses, crypto market participants have started to reconsider just how bullish the ETF narrative really is for BTC price action.

Trader: “Not sure” BTC price will reach $42,000

The dust continues to settle on the United States . . . → Read More: Bitcoin to $1M post-ETF approval? BTC price predictions diverge wildly

The conventional wisdom of the cryptoverse is that there is a boom-and-bust cycle to the blockchain and cryptocurrency industry. This cycle is led by the “King of Cryptos,” Bitcoin. 

Bitcoin (BTC) is programmatically set to have a halving cycle roughly every four years, which cuts the supply of new coins awarded to miners in . . . → Read More: Bitcoin supercycle 2024: Is this the cycle to end them all?

A Bitcoin user paid 83.7 Bitcoin (BTC), worth $3.1 million, in transaction fees for transferring 139.42 BTC. The transaction fee of $3.1 million is the eight-highest in Bitcoin’s 14-year history.

The BTC wallet address bc1qn3d…wekrnl tried transferring 139.42 BTC to bc1qyf…km36t4 on Nov. 23, only to pay more than half the actual value in . . . → Read More: Bitcoin user pays $3.1M transaction fee for 139 BTC transfer

After a long and dramatic presidential race, libertarian candidate Javier Milei triumphed in Argentina’s presidential election on Nov. 19.

Milei promises to abolish the country’s central bank, among a slew of other radical policy changes capturing the attention and imagination of the crypto community.

With 99% of the vote counted on Sunday, Nov. . . . → Read More: Milei presidential victory fuels optimism in Argentina’s Bitcoin community

Tron founder Justin Sun’s crypto businesses have come under repeated attacks from hackers over the past two months, with at least four hacks on platforms related to the crypto entrepreneur.

Sun’s HTX crypto exchange has been hacked at least twice since the platform rebranded from Huobi on Sept. 13, 2023. The first HTX hack . . . → Read More: Justin Sun-related crypto platforms hacked 4 times in 2 months

Bitcoin (BTC) took fresh aim at $38,000 into Nov. 23 as an “aggressive bid” dispelled cold feet over Binance’s $4.3 billion fine.

BTC/USD 1-hour chart. Source: TradingView Bitcoin analysis: “Something is cooking”

Data from Cointelegraph Markets Pro and TradingView showed BTC price strength making a striking comeback to top out at $37,870.

A subsequent . . . → Read More: Bitcoin ETF hype returns as ‘aggressive bid’ sends BTC price near $38K

Binance’s $4.3-billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin (BTC) exchange-traded funds (ETFs), many industry watchers claim.

The settlement involved Binance agreeing to Justice Department and Treasury compliance monitors for up to five years, allowing the agencies sweeping powers to keep the exchange . . . → Read More: Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?

Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall Street open as a BTC price relief bounce held firm.

BTC/USD 1-hour chart. Source: TradingView Bitcoin respects “very clear” key levels

Data from Cointelegraph Markets Pro and TradingView followed crypto markets as they recovered from snap downside the day prior.

As the . . . → Read More: BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’

Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing number of crypto traders. Abdullah Boulard, founder and CEO at The Balance Luxury Rehab, tells Magazine that a number of crypto traders struggle with substance abuse. “Our client base is diverse, but this is . . . → Read More: This is your brain on crypto: Substance abuse grows among crypto traders

Five years ago, you couldn’t trade with fiat currency on Binance, yet the exchange was already garnering international attention with the highest trading volumes among its competitors.

That’s no mean feat in the cryptocurrency industry, even in 2018, with several well-established exchanges commanding established and loyal user bases. Critics questioned why the world . . . → Read More: Did Binance’s CZ predict his own downfall?

The crypto community on social media has greeted the news of the deal between Binance, Changpeng “CZ” Zhao and the United States Department of Justice (DOJ) mostly positively, hoping it removes one of the last remaining obstacles before the long-awaited approval of a spot Bitcoin exchange-traded fund (ETF).

The $4.3 billion settlement between . . . → Read More: Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says

Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have received a new email hinting at soon-to-come repayments.

On Nov. 21, Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, started sending out emails to rehabilitation creditors regarding the commencement of repayments, . . . → Read More: Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email

Bitcoin (BTC) bought on exchanges every year since 2017 is now on average in profit, the latest data confirms.

Compiled by on-chain analytics firm Glassnode, exchange withdrawal figures confirm that at $37,000, a user’s purchase is on aggregate “in the black.”

Bitcoin exchange users claw back bear market losses

Bitcoin returned multiple investor cohorts . . . → Read More: BTC price returns key profit mark to Bitcoin exchange users at $34.7K

Dominic Frisby recalls meeting MicroStrategy’s Michael Saylor for the first time at a crypto event. What started off as an awe-struck moment became confusing after things took an unexpected turn.

“I saw Michael Saylor there. I was like, ‘Wow, that’s him!’” he tells Magazine. But it was Saylor who quickly came over and introduced . . . → Read More: Michael Saylor’s a fan, but Frisby says bull run needs a new guru: X Hall of Flame

Bitcoin (BTC) sought to rematch 18-month highs into Nov. 21 as order book activity gave one analyst a sense of deja vu.

BTC/USD 4-hour chart. Source: TradingView Whale games conjure Bitcoin’s Q1 2023

Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum building to top out at $37,770 the day prior.

Now circling . . . → Read More: Bitcoin stalls below $38K as analysis hints ‘Notorious B.I.D.’ is back

Umami Labs CEO Alex O’Donnell grew up on the outskirts of Philadelphia before attending Temple University to study literature and economics. That path led him to devote seven years of his life as a financial journalist at Reuters, where he specialized in M&As IPOs.

He said his academic focus created a “pretty natural synthesis” . . . → Read More: 6 Questions for Alex O’Donnell about financial journalism and the future of DeFi

ARK Investment Management, a cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, isn’t giving up on its efforts to launch a spot Bitcoin exchange-traded fund (ETF) in the United States.

On Nov. 20, ARK Invest filed another amended prospectus for its spot Bitcoin ETF product developed in collaboration with the European digital asset . . . → Read More: ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms

The crypto community and many of its most high-profile players have started to shift focus toward the Bitcoin halving, an event that occurs every four years and cuts the market supply of new Bitcoin (BTC) in half. With the next halving event scheduled for April 2024, the Bitcoin mining reward will reduce from the current 6.25 . . . → Read More: Crypto community begins Bitcoin halving countdown as milestone date nears

The international arm of Spanish lender Banco Santander has reportedly rolled out a new service, allowing clients with Swiss accounts to invest in and trade Bitcoin (BTC) and Ether (ETH).

According to a report from Coindesk claiming access to a leaked internal communication, high-net-worth individuals of Santander Private Banking International will have access . . . → Read More: Santander offers Bitcoin, ETH trading for Swiss account holders: Report

Global cryptocurrency exchange-traded products (ETP) have seen a significant uptick in 2023, reportedly outpacing the growth of underlying assets, according to a report by the digital asset platform Fineqia, seen by Cointelegraph.

Crypto-based ETPs issued by companies like 21Shares, Grayscale and CoinShares recorded a 91% increase in total assets under management (AUM) from Jan. . . . → Read More: Crypto ETP volumes surge 91%, outpacing underlying assets: Report

Bitcoin (BTC) starts Thanksgiving week in the United States with a return to $37,000 as bulls stubbornly refuse to loosen their grip.

BTC price action remains tantalizingly near 18-month highs as another weekly close provides a fresh taste of bull market momentum.

The largest cryptocurrency continues to hold onto reclaimed ground, and while upside . . . → Read More: 70% of BTC dormant for a year — 5 things to know in Bitcoin this week

Bitcoin (BTC) is nearing a key Fibonacci retracement level which could mark the top of its “pre-halving rally.”

That is according to popular social media trader Titan of Crypto, who on Nov. 19 reiterated a pre-halving BTC price target of up to $50,000.

Trader: $39,000 is pre-halving BTC price target range floor

Bitcoin faces . . . → Read More: Bitcoin nears pre-halving ‘target zone’ toward $50K BTC price

Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning toward a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead won’t be without challenges.

In an interview with Bloomberg on Nov. 16, Belshe explained that based on discussions between firms . . . → Read More: Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO

Top Stories This Week Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO

ChatGPT developer OpenAI removed founder Sam Altman from his CEO position on Nov. 17. Chief technology officer Mira Murati is now serving as interim CEO. According to a blog post, the board of directors engaged in a “deliberative review . . . → Read More: OpenAI’s Sam Altman ousted, BlackRock and Fidelity seek Ether ETF, and more: Hodler’s Digest, Nov. 12-18

The prospect of a spot Bitcoin (BTC) exchange-traded fund (ETF) being approved soon in the United States has increased demand for the major cryptocurrency, leading to a surge in transaction fees.

The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16, according to statistics from CryptoFees. At the time of writing, YCharts . . . → Read More: Bitcoin fees skyrocket on spot BTC ETF hype

Bitcoin (BTC) circled $36,000 after the Nov. 16 Wall Street open as analysis hoped for a deeper price comedown.

BTC/USD 1-day chart. Source: TradingView Bitcoin traders map out likely bottoms

Data from Cointelegraph Markets Pro and TradingView followed a retracement from intraday highs of $36,600.

Having failed to establish a breakout beyond 18-month highs . . . → Read More: Bitcoin traders’ BTC price dip targets now include $30.9K bottom

Mark Wilson — the artist known as diewiththemostlikes — has a truly unique style to his art and a presence that could be described as grotesque, performative, thought-provoking and hilarious all in one packet of rolled-up ground beef.

In a digital art market where supply can be infinite, the Indiana-based artist really stands out . . . → Read More: DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator

Bitcoin (BTC) bull market “FOMO” has yet to appear despite BTC price being up 120% this year.

Data from the statistics platform Look Into Bitcoin shows that on-chain transactions are only starting to involve “younger” Bitcoin.

Bitcoin bull market analysis: “We’re still early”

Bitcoin remains near 18-month highs and well beyond its bear market . . . → Read More: Bitcoin bull market FOMO absent as BTC price nears key $39K profit zone

The global exchange-traded fund (ETF) provider WisdomTree filed an amended Form S-1 spot Bitcoin (BTC) ETF prospectus with the United States Securities and Exchange Commission (SEC) on Nov. 16.

The update comes a few months after WisdomTree refiled its spot Bitcoin ETF application in June 2023, proposing a rule change to list and trade shares of . . . → Read More: WisdomTree amends S-1 form spot Bitcoin ETF filing as crypto awaits SEC decisions

Artificial intelligence (AI) and machine learning (ML) are demanding huge amounts of computing resources as interest in the space grows, but conventional Bitcoin (BTC) miners are not jumping on the bandwagon just yet.

Speaking to Cointelegraph journalist Joe Hall at Web Summit 2023 in Lisbon, Portugal, Heatbit founder Alex Busarov believes that mining farms, . . . → Read More: AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder

DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin (BTC) swaps for its users across 30 different blockchain networks.

Sushi’s deployment of its decentralized exchange (DEX) on ZetaChain is touted to enable trading of BTC without wrapping across several blockchains in what the team describes as . . . → Read More: Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps

European digital asset manager CoinShares secured the exclusive option to acquire Valkyrie Funds, the exchange-traded fund (ETF) unit of its United States competitor, Valkyrie Investments, which includes the Valkyrie Bitcoin Fund awaiting U.S. approval.

CoinShares said on Nov. 17 that the move helps it expand to the U.S., which could soon become the . . . → Read More: CoinShares gets buying rights to Valkyrie’s crypto ETF unit

Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm at the company soon.

The stablecoin firm may spend around $500 million in the next six months on the construction of mining facilities and investments in other miners, Ardoino told Bloomberg in . . . → Read More: Tether plans major expansion into BTC mining with $500M investment: Report

Cryptocurrency may be “out of fashion,” but it still draws new users to Web3 daily — particularly in emerging markets such as Brazil — according to Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext.

During the Web Summit in Lisbon, Ribeiro discussed with Cointelegraph’s Joe Hall his perspective on Bitcoin (BTC), Brazil’s vibrant . . . → Read More: Brazil’s crypto regulatory environment is driving competitiveness — Coinext CEO

Bitcoin (BTC) saw a classic pullback after the Nov. 16 Wall Street open as deja vu BTC price action continued.

BTC/USD 1-hour chart. Source: TradingView Analysis: Door open to deeper BTC price correction

Data from Cointelegraph Markets Pro and TradingView followed Bitcoin as it descended to $36,470 — down over $1,000 on the day.

. . . → Read More: BTC price dips 4% as Bitcoin analysis reveals low liquidity above $33K

The European Union has been actively preparing for what it envisions as the future of money. In the past year, it finalized its landmark comprehensive crypto legislation, the Markets in Crypto-Assets Regulation (MiCA), which is due to take effect in 2024 after closing its second consultation in October. 

It has also made progress in . . . → Read More: German parliament member ’staunch opponent’ of digital euro, all in on Bitcoin

BlackRock, the world’s largest asset manager, officially filed for a spot Ether exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on Nov. 15.

The Ether (ETH) ETF, dubbed the iShares Ethereum Trust, aims to “reflect generally the performance of the price of Ether,” read the S-1 filed with the SEC. The . . . → Read More: BlackRock files S-1 form for spot Ether ETF with SEC

Bitcoin (BTC) circled a key level into the Nov. 16 Wall Street open after copycat BTC price action produced a fresh attack on $38,000.

BTC/USD 1-hour chart. Source: TradingView BTC price matches 18-month highs

Data from Cointelegraph Markets Pro and TradingView showed a swift turnaround for Bitcoin, which reversed upward after a precipitous comedown . . . → Read More: Bitcoin enters make-or-break zone after BTC price snaps back to $38K

Ferrari’s decision to allow U.S. residents to buy its cars in exchange for cryptocurrencies like Bitcoin (BTC) has become one of the biggest market wins in 2023, according to the CEO of the Bitcoin ATM operator CoinFlip.

Ferrari has been aware of the growing demand from clients for alternative payment solutions and decided to . . . → Read More: Ferrari’s Bitcoin acceptance is major market win, says CoinFlip CEO

The National Pension Service (NPS), a public pension in South Korea and one of the world’s largest pension funds, bought just over 280,000 shares of the global cryptocurrency exchange Coinbase in the third quarter of 2023, an investment that has gained 39% in value since the purchase.

The NPS acquired 282,673 Coinbase shares in . . . → Read More: South Korea’s pension fund bags 280K Coinbase shares: SEC data

As we approach Bitcoin’s (BTC) halving in April, a phenomenon that historically triggers significant market shifts, companies within the space are at a critical juncture. This event is surrounded by speculation and strategic planning, and for some, a sense of uncertainty. While it’s laden with opportunities, it’s vital for businesses to adopt a balanced . . . → Read More: Expect some crypto companies to fail in the wake of Bitcoin’s halving

Disembarking the Liberty houseboat moored off the frontier of the European Union, we’re met by a pair of Serbian police officers, their lit squad car nearly blinding us in the dark forest.

“How many people are staying on the boat?” one asks, holding a large dog at bay. “I really don’t recall,” says my . . . → Read More: Breaking into Liberland: Dodging guards with inner-tubes, decoys and diplomats

Bitcoin (BTC) recently surged above $37,000 between Nov. 10 and 12, only to falter and undergo a correction toward $35,000 on Nov. 13.

This abrupt movement triggered the liquidation of $121 million worth of long futures contracts, and while Bitcoin’s price stabilized around $35,800 on Nov. 14, investors are left pondering the underlying . . . → Read More: 3 reasons why Bitcoin price failed to break $37K

Justin Sun’s cryptocurrency exchange Poloniex is preparing to resume operations after suffering a major hack in November, according to an official company announcement posted on Nov. 15.

In the statement, the company said that the platform has “mostly completed” the restoration efforts after the $100 million hack.

“The platform is now operating smoothly,” Poloniex said . . . → Read More: Poloniex crypto exchange resumes withdrawals after $100M hack

While the crypto community is still weathering the effects of the recent $100 million Poloniex hack, another cybersecurity threat that could affect billions worth of crypto assets has been discovered by a team of blockchain security experts. 

On Nov. 14, cybersecurity company Unciphered released information on a vulnerability that it called “Randstorm,” which . . . → Read More: Cybersecurity team claims up to $2.1B in crypto stored in old wallets is at risk

Bitcoin (BTC) tested $35,000 support into the Nov. 14 daily close as sell-side pressure sparked multiday lows.

BTC/USD 1-hour chart. Source: TradingView BTC price sheds $1,000 in an hour

Data from Cointelegraph Markets Pro and TradingView tracked a swift retreat for BTC price action, which fell over $1,000 in a single hourly candle.

The . . . → Read More: BTC price bounces at 1-week lows as Bitcoin whales sell into $35K

Bitcoin (BTC) targeted $37,000 at the Nov. 14 Wall Street open as the latest United States inflation data undercut expectations.

BTC/USD 1-hour chart. Source: TradingView CPI offers Bitcoin, stocks a pleasant surprise

Data from Cointelegraph Markets Pro and TradingView showed BTC price strength returning as the Consumer Price Index (CPI) reflected slowing inflation in . . . → Read More: Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts

I just spent an entire week working in virtual reality using the new Meta Quest 3. While the experience still mostly sucked, I came away with some renewed optimism for VR in the workplace.

As I took Ron’s outstretched, virtual hand for a handshake, my actual hand — in the real world — clumsily . . . → Read More: I spent a week working in VR. It was mostly terrible, however…

Bitcoin (BTC) remains on track to near $50,000 around next year’s block subsidy halving event, longtime analyst Filbfilb says.

In his latest interview with Cointelegraph, the co-founder of trading suite DecenTrader shares his thoughts on BTC price action.

Filbfilb: Bitcoin has given “strong indicator” of bear market breakout

Bitcoin has well and truly cemented . . . → Read More: $48K is now ‘reasonable’ BTC price target — DecenTrader’s Filbfilb

Looking for a way to get all the crypto news you need each day from the best source on the net? Then look no further!

Hosted by Robert Baggs, Rise ’n’ Crypto is a daily podcast covering the most recent and important news, insights and stories without the fluff or rambling. Every morning at . . . → Read More: Cointelegraph’s Rise ‘n’ Crypto: Unveiling the daily Web3 podcast

Tether (USDT), the largest stablecoin by market value, has been breaking new records throughout 2023, with its market capitalization adding at least $20 billion so far this year.

According to data from the blockchain data provider Whale Alert, Tether has minted 22.75 billion USDT so far this year, with at least 4 billion USDT . . . → Read More: Tether credits USDT growth surge to ETF excitement, emerging markets

Cryptocurrency trading platform Bitget has dropped plans to obtain a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market-related considerations.

Bitget officially announced on Nov. 13 that its Hong Kong division, BitgetX, accessible by the domain BitgetX.hk, will cease operations by Dec. 13, 2023.

As Bitget decided not to . . . → Read More: Bitget drops plans to seek crypto license in Hong Kong

While many participants in the crypto space continue to advocate for only a single blockchain, some believe that the future will be made up of multiple blockchains working together. 

From Toronto in 2017 to now, we’ve taken #RippleSwell around the world. I closed out this year’s event with a fireside chat . . . → Read More: Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’

The Bitcoin (BTC) mining community recorded its annual all-time high (ATH) on Nov. 12 after raking in over $44 million in block rewards and transaction fees. 

The revenue from Bitcoin mining primarily comes from rewards for confirming Bitcoin transactions and creating new blocks using high-tech computer equipment known as mining rigs. Miners currently receive . . . → Read More: Bitcoin miners earned $44M in a day to record annual all-time high

An anonymous group of hackers claims to have stolen personal information for about 300,000 customers of the Bitcoin (BTC) ATM company called Coin Cloud, the pseudonymous cybersecurity account Vx-underground posted on X (formerly Twitter).

An unknown Threat Actor(s) claim to have compromised Coin Cloud.

They allege to have exfiltrated 70,000 . . . → Read More: Hackers claim to have stolen user data from defunct crypto ATM firm Coin Cloud

Bitcoin (BTC) will “most likely” see a serious price drawdown before a key date for institutional investors dawns, says gold bug Peter Schiff.

In recent X activity, the longtime Bitcoin skeptic sounded the alarm over recent BTC price gains.

Schiff bets on a BTC price “crash” before ETF launches

Bitcoin is a favoirte topic . . . → Read More: Pre-ETF BTC price ‘crash’ or $150K in 2025? Bitcoin forecasts diverge

Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust.

The proposed legal framework was pitched by Bitcoin Argentina’s president Ricardo Mihura at LABITCONF 2023 in Argentina’s capital, Buenos Aires on Nov. 10. Bitcoin Argentina previously dismissed the idea that . . . → Read More: Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

With the Bitcoin halving just months away, MicroStrategy co-founder and Bitcoin bull Michael Saylor thinks that demand for BTC could grow by as much as 10X by the end of 2024.

During a speech at the 2023 Australia Crypto Convention on Nov. 10, Saylor was asked to give his outlook for Bitcoin and . . . → Read More: Demand for Bitcoin could grow by up to 10X within 12 months: Michael Saylor

A team of academic researchers from the International Hellenic University and Democritus University of Thrace in Greece recently published a paper supporting the “efficient market hypothesis” (EMH) for Bitcoin (BTC) trading.

EMH is a controversial theory that the researchers claim contributed to the development of models capable of outperforming the hodl strategy by . . . → Read More: Researchers claim Bitcoin experiment generated almost 300% higher returns than hodling

Animoca Brands buys streaming platform for blockchain games

Hong Kong Web3 gaming giant Animoca Brands (The Sandbox, Revv, Phantom Galaxies), has acquired blockchain-powered streaming platform Azarus for an undisclosed sum.

Built around the slogan “streams are not TV,” Azarus allows users to livestream their gameplay while using tokens for incentives and rewards. Animoca Brands . . . → Read More: ‘$10K JPGs’ scare away gamers, Animoca’s crypto game streaming plans: Web3 Gamer

Bitcoin (BTC) may next be a “sell” at at least $110,000 as its new bull cycle plays out, a classic on-chain indicator suggests.

Data from on-chain analytics platform Look Into Bitcoin shows Bitcoin’s Terminal Price hinting at a possible six-figure BTC price top.

BTC price to six figures next cycle?

As BTC price action . . . → Read More: Bitcoin ‘Terminal Price’ hints next BTC all-time high is at least $110K

Bankrupt cryptocurrency lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund Three Arrows Capital (3AC).

According to a court filing on Nov. 9, Genesis argued that the 3AC debtor should receive an allowed general unsecured claim against Genesis in the amount of $33 million. . . . → Read More: Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M

One of the Big Four banks in the United Kingdom, Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the current year compared to the same period in 2022.

According to a press release published by Lloyds Bank, an increasing number of investors face the threat . . . → Read More: UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank

Cryptocurrency trading bot Wallet is debuting its global rollout on Telegram Messenger in several countries in Latin America and Africa.

The Open Platform (TOP), the Dubai-headquartered investment platform affiliated with TOP Labs and Wallet, announced the global rollout of the Wallet crypto bot on Nov. 10.

Wallet, a third-party Telegram bot allowing users to . . . → Read More: Wallet crypto bot rolls out on Telegram in Colombia, SA and Kenya