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A closely followed crypto analyst says one catalyst could send the altcoin market soaring for months. The analyst pseudonymously known as Rekt Capital tells his 100,000 YouTube subscribers that if Ethereum (ETH) breaks through a key resistance level “the next few months are going to be life-changing.” “Breaking out would enable a massive influx of money flow into smaller altcoins. And Ethereum breaking out to new all-time highs would be a major catalyst on a technical side in making all these other altcoins rally quite substantially.” According to the trader, ETH needs to break through $4,000 to ignite massive altcoin rallies. “It’s weekly closes and successful retests [at the $4,000 level] that have enabled moves to essentially new all-time highs. So $4,500 would occur once we actually managed a weekly close inside here and retest this [$4,000 level] as support. That would enable a revisit of old all-time highs, and probably u...

The co-founders of the crypto analytics platform Glassnode believe that Bitcoin (BTC) may start heading higher after retracing to the low $90,000s based on one metric. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that Bitcoin’s correction may be over after long-term holders (LTHs) sold less than in the first quarter of the year. LTHs are addresses that hold coins for at least 155 days and they tend to exit the market when BTC makes a bull run. “Long-term holders have taken profits near $100,000, but not as aggressively as in Q1. The lack of continuous realized profit spikes suggests fewer LTHs exited during this correction – possibly signaling we’ve already hit the bottom.” Source: Negentropic/X Bitcoin is trading for $96,726 at time of writing. Next up, the analysts are suddenly turning bullish on the artificial intelligence (AI)-based crypto project the Arti...

Craig Wright’s appeal application in his case against the Crypto Open Patent Alliance (COPA) was rejected by a UK court today, described as a baseless argument with “no prospect of success.” Court of Appeal judge Lord Justice Arnold wrote that the motion was refused “as being totally without merit.” Wright filed multiple appeals after he was found to undoubtedly not be Bitcoin’s creator, Satoshi Nakamoto, during legal proceedings against COPA earlier this year.  As reported by BitMex Research, Craig Wright’s appeal attempted to paint the judge as biased. However, today the court ruled “no credible allegation of either actual basis or apparent bias is made by Dr Wright, but only a series of disagreements with the judge’s reasoning.” “In fact the judge leant over backwards to ensure that Dr Wright received a fair trial,” the ruling said. COPA Vs CSW Breaking news! The court of appeal has rejected CSWs application to appeal pic.twitter.com/7nEg...

The Spectral price surged 39% in the last 24 hours to trade at $14.29 as of 2 a.m. EST on trading volume that soared 472% to $79.32 million. The SPEC price soared after Spectral posted a series of tweets on X talking about its Onchain Agent Economy. The project noted that meme coins have already shown what is possible when culture meets capital, but if the meme coins were able to think, trade, and evolve, their potential would become practically limitless. This is why Spectral announced the launch of the Onchain Agent Economy Phase 1, where agents can trade with leverage on the Hyperliquid blockchain. Memecoins proved what’s possible when culture meets capital. But what if memes weren’t static? What if they thought, traded, evolved? The Onchain Agent Economy Phase 1 is live: Agents trading w/ leverage on @HyperliquidX The future isn’t static—it’s sentient. It’s here🧵👇 pic.twitter.com/VMKznbJVrO — Spectral (@Spectral_Labs) ...

Under the stewardship of CEO Dana White, the Ultimate Fighting Championship (UCF) has become one of the biggest, if not the biggest organization in martial arts today. Just like the company’s CEO, plenty of the most respected UFC athletes are involved in the cryptocurrency industry — in fact, at one point, fighters even earned bonuses in the form of cryptocurrency. However, this association hasn’t always gone over smoothly — most notably, earlier this year, Khamzat Chimaev was linked to a scam surrounding Smash (SMASH), his own cryptocurrency project that was promptly revealed to bear the markings of a typical pump and dump by online sleuth ZachXBT — with roughly 80% of the supply in wallets linked to Khamzat . Chimaev has since pinned the blame on his manager. Picks for you Will the Thanksgiving rally finally push Bitcoin to $100,000? ...

The Mad price plummeted over 18% in the last 24 hours to trade at $0.00003683 as of 4:10 a.m. EST as investors dump their holdings in the meme coin. Despite the steep decline in the MAD price, the crypto’s weekly performance remains more than 16% in the green and over 339% up on the monthly time frame. Mad Price Approaching A Key Support Level 4-hour chart for MAD/USD (Source: GeckoTerminal) The Mad price was rejected by the $0.00004812 resistance after briefly breaking above this technical barrier in the last 24 hours, according to GeckoTerminal data . Sellers are now exerting pressure on the meme coin , which is evident by the wicks present at the top of the last few 4-hour candles.  If bulls are unable to protect MAD from this bearish pressure, the crypto could be at risk of losing the $0.00003247 support and potentially dropping to as low as $0.00002010. On the other hand, traders identifying the current Mad price as a buy opportunity could lead to a rebound in the...

Following his appointment as the head of the newly planned presidential commission, Elon Musk has said that the Internal Revenue Service (IRS) will be audited by the Department of Government Efficiency (DOGE). The billionaire head of the agency has confirmed the audit is “gonna happen” in a post to X (formerly Twitter). Both Musk and Vivek Ramaswamy were tasked with leading the department amid Donald Trump’s 2024 presidential election win. Indeed, the incoming second Trump administration has placed an emphasis on cutting federal spending. Moreover, one of the world’s richest men is set to be a key factor in orchestrating those efforts. JUST IN: Elon Musk says the IRS will be audited by the Department of Government Efficiency (DOGE). — Watcher.Guru (@WatcherGuru) November 27, 2024 Also Read: Donald Trump Team Interviews Pro-Crypto Paul Adkins for SEC Chair Elon Musk Confirms IRS Will be Audited by DOGE This month, the United States saw Donald Trump emerge victorio...

DIA has launched Lasernet on the Ethereum (ETH) testnet, pioneering the first Layer-2 rollup designed specifically for oracle infrastructure, according to the latest information shared with Finbold on Wednesday, November 27. The innovative deployment should raise the bar for trustless, permissionless, and decentralized data delivery in blockchain applications. Developers can now test both pull- and push-based oracles on Ethereum Sepolia ahead of Lasernet’s mainnet release in Q1 2025. Leveraging advanced technologies to promote oracle innovation DIA’s new oracle stack ‘Lumina’ espouses modularity, fostering collaboration and leveraging advanced blockchain technology like Optimism’s OP Stack, Conduit, Hyperlane, and Celestia. Picks for you Crypto trader turns $160 into $6m for 38,399x return 1 hour ago ...

WisdomTree has introduced a new XRP ETP on the SIX Swiss Exchange. This launch gives crypto investors a regulated way to invest in digital assets. The product trades under XRPW:SW. It helps reduce market volatility through professional custody services. Both small and large investors can now access XRP through a secure platform. Also Read: Ripple: 3 Reasons Why XRP Could Surge To $5 How XRP ETP Impacts Crypto Investors, Market Volatility, and Security Risks Source: Watcher Guru WisdomTree’s Strategic Entry into the XRP Market The Physical XRP ETP from WisdomTree costs less than any similar European product. The company now offers this service in 15 European nations. https://twitter.com/amonbuy/status/1860729189852151970/ Major markets include Germany, France, and Switzerland. This XRP ETP launch shows how digital assets are joining traditional finance. It combines standard investment methods with new blockchain systems. Enhanced Security and Regulatory Compliance The ETP backs eac...

The Arbitrum price pumped 7% in the last 24 hours to trade at $0.9035 as of 11:53 p.m. EST on trading volume that skyrocketed 80% to $1.9 billion. Arbitrum Price On A Sustained Rally The Arbitrum price has been on a sustained rally in November, as the bulls capitalized on the $0.50 support to push the price through higher highs and higher lows, forming a rising channel pattern, according to data from GeckoTerminal . As a result of the rising channel, the price of Arbitrum has now crossed over both the 50-day and 200-day Simple Moving Averages (SMAs), which cements the general bullish outlook. The Relative Strength Index (RSI) is at 60.16, indicating that the asset is in a bullish zone but not overbought yet (overbought occurs above 70). The current RSI suggests the possibility of more upward movement, but traders should watch for overbought conditions as the price nears the upper range of the channel. Meanwhile, the Moving Average Convergence Divergence (MACD) also shows that the...

Following XRP’s recent upsurge on the news of Donald Trump’s re-election and Chair Gary Gensler’s upcoming January 20 stepping down, POL (ex-MATIC) – formerly Polygon (MATIC) – is among the last major cryptocurrencies to be 40.8% in the red in 2024. However, one digital assets expert believes POL is merely late to the rally and well-positioned for a massive – possibly 6,000% – rise.  Specifically, cryptocurrency analyst Ali Martinez shared his bull case – or, as he put it, a ‘wild price prediction’ – for the token across several X posts, outlining the asset’s path to between $15.27 and $36.17. Picks for you Finance guru Raoul Pal says DOGE is 'harder money than Bitcoin' 24 mins ago Personal...

More than 50 Partners Gathered, Including TON Society, TOX, Yescoin, and MEXC, Converging in Bangkok The TON Hacker House Bangkok, hosted by TONX, TON Society, and co-hosted by TOX, Yescoin, and MEXC, attracted more than 3,400 registered attendees, bringing together developers, innovators, and industry leaders. The event, which took place on November 14, showcased the strength and growth of the TON ecosystem and fostered collaboration within the Web3 community. The event was supported by over 50 sponsors, partners and more than 300 developers participating in the hackathon, with 70+ demo submissions. TONX paper airplane ceremony (TONX) Web3 Leaders Share Visionary Insights on the Future of the TON Ecosystem The event kicked off with the iconic TONX paper airplane ceremony, led by key figures including Steve Yun , President of TON Foundation; Wego , Co-Founder of TONX; and Paul V. , Managing Partner of Pantera Capital. Wego C. , Co-Founder of TONX, emphasized, “As Telegra...