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Search Results for: bitcoin

Dogecoin (DOGE) Surges 19% as Hash Rate Hits Record High

Dogecoin ($DOGE) is trading at $0.4645, marking an impressive 19.04% increase over the past day. Its market cap is a substantial $68.24 billion, reflecting a 19.09% surge. The Volume-to-Market Cap Ratio has climbed to 29.45%, indicating heightened trading activity with a 24-hour volume of $20.05 billion. Dogecoin’s hash rate has

November 23, 2024 2 mins read

Stellar (XLM) Leads Top Gainers List with 57% Surge

Stellar (XLM) surged 56.16% in the last 24 hours, reaching $0.4409—its highest price since May 2021. The token hit an intraday high of $0.4743, marking a significant recovery in the crypto market. XLM leads the gainers’ list with this massive rally, fueled by growing investor confidence. Its market cap climbed

November 23, 2024 2 mins read

Solana (SOL)-based HIO Music ($HIO) Platform Schedules Token Launch on November 29

HIO Music ($HIO), a fast-growing social music platform that leverages the Solana (SOL) network, has announced the date for its highly anticipated airdrop. According to the announcement, HIO Music, formerly Helios, will undertake the token generation event (TGE) on November 29, 2024. The HIO Music team has remained laser-focused and

November 23, 2024 3 mins read

US SEC Commissioner Lizárraga Announces Exit Amid Overhaul

Another high-ranking US Securities and Exchange Commission (SEC) officer has announced their impending resignation, drastically altering the trajectory of the agency. A statement made on November 22nd states that SEC Commissioner Jaime Lizárraga would resign on January 17th, which is less than three years after taking the oath of office.

November 23, 2024 2 mins read

Ethereum Futures Open Interest Hits $20.8B, Signaling Bullish Momentum

With a 12% increase to a record high of $20.8 billion on Friday, the futures open interest in Ethereum may be indicating positive momentum in the derivatives market. According to data from CMC, Ethereum has risen 7.31% in the last 7 days, trading at $3,279 at the time of writing.

November 23, 2024 2 mins read

CFTC Commissioner Summer Mersinger Advocates for Clear Crypto Regulations

At the North American Blockchain Summit on November 21st, CFTC Commissioner Summer Mersinger spoke about the need for notice and comment regulation in creating uniform US regulations around cryptocurrency. As the new allegations against Uniswap Labs demonstrate, the current “regulation by enforcement” policy is a joint effort by the SEC

November 22, 2024 2 mins read

Allianz Acquires 25% of MicroStrategy 2031 Convertible Note Offering

Allianz SE, the second-largest insurance company in Europe, has purchased close to 25% of MicroStrategy’s 2031 convertible notes for $750 million, indirectly supporting its Bitcoin-centered strategy. Allianz SE, the second largest insurance company in Europe, has made a bold move by buying almost 25% of MicroStrategy’s convertible notes due in

November 22, 2024 2 mins read

Cardano’s ADA Hits 2.5-Year High as Whales Surge 300%

Cardano’s native token ADA surged to a 2.5-year high of $0.90 on Friday, marking its strongest performance since May 2022. This rally reflects growing interest from large investors and institutions, positioning the token for further gains. Cardano is currently trading at $0.8853 on Friday, its highest level since May 2022.

November 22, 2024 2 mins read
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