CryptoPanicCryptoPanic - Cryptocurrency

Stocks slip on disappointing Nvidia results, Bitcoin defies the trend

Nvidia just delivered yet another one of the most anticipated earnings reports of the year, and the numbers are wild. Third-quarter revenue hit $35.08 billion — a 94% jump from last year. Net income soared an even crazier 109%, landing at $19.3 billion. Wall Street’s verdict? “Meh.” Nvidia...

Is Ethereum set to outperform Bitcoin? Key data suggests…

Ethereum performance trails Bitcoin's surge, but analysts suggest potential for significant upside based on key metrics.

Justin Sun paid $6M for a banana taped to a wall and now plans to eat it

The artwork consists of a regular store-bought banana stuck to a wall with duct tape which sold in New York for four times the estimated sales price.

Coinbase scammer claims earning 5 figures a week targeting crypto CEOs

“We’re hitting CEOs, CFOs, software engineers,” the brazen scammer told Casa CEO Nick Neuman: “We don’t call poor people.”

Archax leverages blockchain to offer tokenized funds from State Street, Fidelity, and LGIM

Archax announced that it was expanding its tokenized RWA offerings to include industry leaders State Street, Fidelity, and LGIM money-market funds. The tokenized funds will be offered through beneficial ownership tokens that Archax will mint and offer. Archax hinted that they were likely to...

Solana Whale Accumulates $23.86M in SOL

The post Solana Whale Accumulates $23.86M in SOL appeared first on Coinpedia Fintech News A whale has bought 100,000 SOL tokens worth $23.86 million. He had staked this in the past two days. Currently, the whale holds 231,919 SOL tokens worth $55.5 million. As the BTC price creates a new...

Cardano Gains Momentum with Whale Activity – What’s Next for ADA?

Cardano’s ADA token is making headlines with a sharp rally, climbing over 12% in a single day to reach $0.83, and registering a remarkable 54% gain over the past week. The post Cardano Gains Momentum with Whale Activity – What’s Next for ADA? appeared first on Cryptodnes.

gm gm :)) #Bitcoin did a sneaky surge to $97,931 when I wasn't looking! LFG!

XRP Price Targets $3 Amid Bullish Momentum and SEC Criticism

Ripple’s XRP has gained market focus as its price has surged parabolically. This comes amid criticism of the SEC actions by 18 US states. XRP price rose from $0.70 to $1.14 in a matter of days. It breached certain resistance levels that have propelled the overall crypto space into bullish...

Bitcoin Whale Accumulates $302M in BTC as Price Hits Record $97,800

The post Bitcoin Whale Accumulates $302M in BTC as Price Hits Record $97,800 appeared first on Coinpedia Fintech News As the BTC price creates a new all-time high, whales continue to accumulate BTC. In the past two days, a whale has bought 3,289 BTC worth $302 million. The purchase happened over...

Justin Sun Goes Bananas: Snags Controversial “Comedian” Artwork for $6.4 Million

Justin Sun described the piece as “a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.”

Bitcoin Whales Keep Accumulating: What Could This Mean for the Rally?

Recent data reveals that Bitcoin whales are continuing to accumulate the cryptocurrency, even at its elevated price levels, signaling potential optimism for the ongoing rally. The post Bitcoin Whales Keep Accumulating: What Could This Mean for the Rally? appeared first on Cryptodnes.

Bitcoin Price Surges Above $97,000 – Here’s What Drove the Momentum

On November 21, the price of Bitcoin reached an all-time high of $97,600, fueled by renewed optimism following Donald Trump’s re-election as President of the United States. The post Bitcoin Price Surges Above $97,000 – Here’s What Drove the Momentum appeared first on Cryptodnes.

Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit Price

Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses.

Chinese Judge Cites 'High-Pressure Crackdown' On Speculation In Judgment Declaring Crypto Ownership Legal As Bitcoin Moves Past $97K

Amid Bitcoin’s (CRYPTO: BTC) record-breaking run, a Shanghai court has opined that owning cryptocurrencies as an individual is not against Chinese law. read more

Teen Developer Bags $30K Profit With Quant

The post Teen Developer Bags $30K Profit With Quant appeared first on Coinpedia Fintech News In recent news, a kid created a coin Quant while live streaming. Surprisingly, he sold it all for 128 SOL tokens worth $30,000. After the sale, he made a profit of $29.6K. Following the sale of 51M...

Daily Discussion, November 21, 2024

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your...

Litecoin’s Meme Coin Gambit and The Rise of $LESTER memecoin

Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin on Solana’s Pump.fun, Lester. Litecoin’s post outlined how a group of individuals took the Litecoin mascot, Lester, created by X meme creator Greg, to popularize the memecoin.

Bitcoin (BTC) Approaches $98,000 as Altcoins Lag Behind

The odds of Bitcoin hitting $100,000 this November have surged on Polymarket

Walrus Is Very Possibly the #1 Sui Ecosystem Altcoin Gem!

Decentralized storage is currently a $9 billion sector in crypto. ⅔ of that $9 billion is dominated by 3 projects: ICP, Filecoin, and Arweave. It’s an important and fast-growing sector. After all, if your data and websites aren’t hosted in a decentralized way, then how decentralized is your...

Crypto lover Teresa Goody Guillen is Trump’s pick to replace SEC chair Gensler

Teresa Goody Guillén, a blockchain advocate with deep regulatory roots, is reportedly Donald Trump’s top pick to lead his U.S. Securities and Exchange Commission (SEC). The president has made it clear he’s had enough of Gary Gensler and his aggressive enforcement style, and now he’s looking for...

Crypto Exchange Woo X Adds AI-Powered Trader ‘George AI’ to Its Copy Trade App

Woo X plans to invite bets on weekly copy trading competitions between the most copied human traders and George, the AI.

Bitcoin ETF options launch, paving the way for new exposure for investors

On Tuesday, BlackRock launched iShares Bitcoin Trust (IBIT) options trading on the Nasdaq exchange. The ETF options traded 73,000 options contracts within the first hour after listing and immediately ranked among the top 20 most active non-index options.

Crypto News Today (Nov 20th, 2024): Bitcoin Hits New ATH Above $94k | BONK Memecoin Tops Gainers

The post Crypto News Today (Nov 20th, 2024): Bitcoin Hits New ATH Above $94k | BONK Memecoin Tops Gainers appeared first on Coinpedia Fintech News The crypto market today has been experiencing mixed signals, while Bitcoin rushed to a new ATH, altcoins continued the sideways trend. As a result,...

Daily Discussion, November 20, 2024

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your...

Paju City Tax Enforcement Targets Virtual Asset Recovery

Paju City tax enforcement begins selling seized virtual assets from delinquents, marking South Korea’s first direct government cryptocurrency liquidation.

South Korea to push 20% crypto tax in 2025 with higher exemption limit: report

However, the party is making amendments to the plan by raising the tax deductible limit from cryptocurrency gains.

Grayscale to Launch Bitcoin ETF Options Following BlackRock’s Record Debut

The tooling on Grayscale's existing ETFs aims to generate income by employing a covered call strategy amid a surge in investor interest.

Brazil’s Central Bank Partners with Chainlink and Microsoft for DREX, a Trade-Focused CBDC

The Central Bank of Brazil is partnering with Chainlink, Microsoft, and others to develop DREX, a new CBDC. DREX will specialize in cross-border trade rather than everyday use, incorporating artificial intelligence (AI) oracle technology. Brazil has made several crypto advancements this year,...

Smart Bitcoin Trader Nets Over $15 Million Profits

The post Smart Bitcoin Trader Nets Over $15 Million Profits appeared first on Coinpedia Fintech News Despite the short-term pullback in Bitcoin, dropping from the new all-time high of $94,957 to the current market price of $92,230, a smart trader has made profits by chasing the bull run in BTC...

CVX Whale Returns to Net $595k Profit Amid 61% Price Surge

The post CVX Whale Returns to Net $595k Profit Amid 61% Price Surge appeared first on Coinpedia Fintech News Recently, the whale “convexcuck.eth” has spent $2M to buy 709,961 CVX tokens, slightly before the market price of CVX shot up by 61%. Furthermore, between July 2021 and March 2022, the...

Rising tension between the U.S. and Russia significantly impacts global markets

The Kobeissi Letter recently shared on X about the current increasing tension between the United States and Russia. The geopolitical tensions come after Ukraine used 6 U.S. long-range missiles to attack a Russian military base in Bryansk. Notably, the missile strike came days after President Joe...

Five warning signs Bitcoin’s price could be about to crash: CryptoQuant

There are five key indicators that can help investors tell if Bitcoin is bearing a local top, and one of them is already flashing red.

Whale Shifts from Popcat to Bonk Amid New Rally

The post Whale Shifts from Popcat to Bonk Amid New Rally appeared first on Coinpedia Fintech News With the refreshed buying pressure in the meme coins, Bonk and Popcat are rising as top performers. In this bullish rally, a smart trader has made an immense profit by trading Popcat, which is now...

US needs ‘Manhattan Project-like’ AI plan to vie with China, says gov commission

Among specific recommendations, the USCC wants the US Secretary of Defense to mark AI projects with the highest national priority designation.

Ripple vs. SEC: Could a Settlement or Reduced Fine Be Coming Soon?

The ongoing legal battle between Ripple and the SEC may be nearing a turning point, with experts suggesting the possibility of a settlement or a reduced fine. The post Ripple vs. SEC: Could a Settlement or Reduced Fine Be Coming Soon? appeared first on Cryptodnes.

Mercado Bitcoin launches MBRL stablecoin backed by the Brazilian real to Tron

Mercado Bitcoin, the leading Latin American crypto platform, has launched the MBRL stablecoin on the Tron blockchain. MB’s November 19th statement noted that the MBRL will be pegged on the Brazilian real, making it reliable and convenient for digital asset investors in Latin America.

Michael Saylor To Make a 3-Minute Bitcoin Investment Pitch to Microsoft

Michael Saylor is set to present a concise 3-minute pitch to Microsoft, advocating Bitcoin investment as a strategic tool to safeguard the tech giant's financial resilience. The post Michael Saylor To Make a 3-Minute Bitcoin Investment Pitch to Microsoft first appeared on Ecoinimist.

Cynthia Lummis Says Strategic Bitcoin Reserve Could Take Shape Soon After Trump 'Raises His Hand And Is Sworn In'

Sen. Cynthia Lummis (R-Wyo.) expressed optimism that certain aspects of the proposed strategic Bitcoin (CRYPTO: BTC) reserve could begin to take shape following President-elect Donald Trump's inauguration ceremony. read more

Trader Makes 1,925% Profit in 2 Hours With New Cryptocurrency

A cryptocurrency trader turned a small $1,900 investment into a staggering $3.67 million in less than two hours The post Trader Makes 1,925% Profit in 2 Hours With New Cryptocurrency appeared first on Cryptodnes.