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Injective (INJ) price surged by nearly 10% as it hit an intraday high of $18.24. The gains came as OKX added support for INJ on its spot markets and the community burned more than $65k worth of INJ. INJ price is just 28% off its all-time high of $24.89 reached in April 2021. Injective (INJ) price surged on Thursday as positive catalysts helped bulls break above recent resistance levels. The INJ token reached intraday highs of $18.24, soaring nearly double digits on the day as buyers pushed for the all-time high above $20. OKX lists INJ, burn auction continues OKX added support for Injective (INJ) on November 30, opening deposits for INJ/USDT at 6 am UTC. The token opened for spot trading at 10 am UTC. The Injective team also announced that the community burned $65,000 worth of tokens (3,986.52 INJ), adding to the weekly burns that have been carried out every Wednesday since mainnet launch in 2021. The weekly burn accounts for 60% of all dApps fees. 3/ Ye...

As the anticipation intensifies surrounding the possible approval of the first spot Bitcoin (BTC) exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC) and the approaching halving event, there is one trade that seems to have gone under the radar – Bitcoin mining stocks . Indeed, as Scott Melker, the host of ‘The Wolf of All Streets’ podcast, pointed out, “Bitcoin mining stocks have largely lagged during this bull run,” but it could be time “to consider an investment” in them, as he explained in the latest episode of his show streamed on November 29. Bitcoin price effect As it happens, Melker was discussing the cryptocurrency and stock market with investor Mike Alfred, and they both made a bullish case for Bitcoin miners, arguing that this is where investors “should be deploying your capital if you want to take advantage of all Bitcoin has to offer in the next cycle.” According to Alfred, “Bitcoin mining equity acts as a sort o...

Galaxy Digital CEO Mike Novogratz believes Binance has satisfied regulators and users after its $4.3 billion settlement with United States authorities. Binance’s $4.3 billion settlement  with the United States Department of Justice (DOJ) is being hailed as a positive move for the company and the wider cryptocurrency industry , according to Galaxy Digital’s Mike Novogratz. In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency investment firm expressed his belief that the high-profile settlement should assuage concerned investors and users of the global exchange: “I think they’re de-risked in lots of ways. People were worried about dealing with Binance. There’s a lot less to worry about now.” Novogratz also weighed in on the considerations for major investment firms dealing with exchanges, as well as traditional finance (TradFi) players, with regulatory oversight continuing to take center stage in the United States. Binance didn’t steal money The Galaxy Digital CEO ...

A closely followed crypto strategist believes that four altcoins including Solana (SOL), Chainlink (LINK) and Avalanche (AVAX) will witness a bearish December. Pseudonymous analyst Altcoin Sherpa tells his 198,900 followers on the social media platform X that he thinks SOL, LINK and AVAX will likely give up some of their gains before the next leg up. According to the trader, he expects the three coins to drop to their respective 0.382 Fibonacci levels where they could potentially form a strong base to set the stage for rallies at the start of 2024. “Many 0.382 Fibonacci levels + 200 exponential moving average (four-hour chart) are coming up on some of the best coins: LINK, SOL, AVAX. These areas + the 0.50 Fibonacci level are the regions I’m eyeing. Expecting more of a grind down before any strong continuation. Would like to see grind down + consolidation to form a base + strong move in January for many of these.” Starting with the smart cont...

With over 10,000 cryptocurrencies, finding potential hidden gems poses a significant challenge. However, a select few micro and low market cap cryptos have recently shown impressive development activity that may support growth in 2024. This article will analyze eight low cap cryptos whose fundamentals and utility appear solid. 1. Bitcoin ETF Token (BTCETF) Bitcoin ETF Token aims to capitalize on the excitement surrounding the approval of a spot Bitcoin ETF in the United States. It has a deflationary model, with milestone token burns tied to ETF progress. For example, 5% of tokens will be burned once the SEC greenlights the first spot BTC ETF. Its staking yields, currently set at 127% per year, may explain why Bitcoin ETF Token is being explored.  By aligning with the ETF narrative, BTCETF is emerging as a speculative bet that investors can consider. In the ongoing presale, nearly $2 million has been raised. BTCETF is available for $0.006. 2. Bitcoin Minetrix (BTCMTX) Bitc...

Auction-as-a-service provider Bounce Finance says it is “working on additional auction utilities and system improvements” after it suffered a distributed denial-of-service (DDoS) attack during a public token sale earlier today. According to the company’s X (formerly Twitter) account, it fell victim to “a coordinated attack orchestrated by miners and highly technical devs alongside with DDOS attack ” which “disrupted user access and affected the auction’s integrity.” The attack happened during the public sale of BitStable’s BSSB token and, according to the decentralized protocol, saw “an unauthorized party acquiring the majority of the available supply.” It said that the issue was caused by a combination of a DDoS attack and the use of multiple wallets interacting directly with the contract. In response, it has made the “ difficult decision” to burn 75% of the BSSB tokens involved in the auction . This apparently “effectively multiplies the participation cost for the impli...

Bonk (BONK) price rising after KuCoin listing. Dogecoin’s on-chain activity resurges. Additionally, Dogecoin’s DOGE-1 mission to the moon has been approved. Recent meme coins’ developments have stirred excitement and intrigue among cryptocurrency investors and enthusiasts alike. This news update covers the notable surge in Bonk (BONK) following its listing on KuCoin, the approval of the Dogecoin-funded DOGE-1 Mission to the Moon, and the resurgence of Dogecoin (DOGE) with a surge in on-chain activity. Additionally, we delve into the ongoing presale of Shiba Memu (SHMU), a unique meme token with self-sufficient marketing capabilities. Bonk (BONK) soars on exchange listing Cryptocurrency investors witnessed a remarkable surge in the price of Bonk (BONK) as it jumped following its listing on the crypto exchange KuCoin. At the time of writing, BONK had risen by 18% in the last 24 hours, reaching $0.00000451. The KuCoin listing announced t...

A widely followed crypto analyst is naming two altcoins he’s bullish on as Bitcoin (BTC) reclaims the $38,000 range. Pseudonymous trader The Flow Horse tells his 188,00 followers on the social media platform X that he believes there is further upside potential for blockchain oracle provider Chainlink (LINK) and Ethereum (ETH) competitor Solana (SOL). “Things I am bullish on. Consistent leaders of this move – SOL and LINK are good examples. Any project that can be tangibly associated with artificial intelligence. New coins with low available floats. No psychologically burdensome bearish price history and bag holder overhang.” Chainlink is trading for $14.58 at time of writing, up 2.2% in the last 24 hours. Meanwhile, Solana is trading for $57.92 at time of writing, up 5.6% in the last 24 hours. The trader also predicts that the market will remain strong ahead of a possible decision from the U.S. Securities and Exchange Commission (SEC) to approve a spot BTC ...

Among the numerous coins in the market, XRP, Cardano (ADA), and Everlodge (ELDG) can be considered by investors in November 2023. Each has the potential to grow, supported by positive on-chart data.  Summary XRP can reach $1.88 based on projections Cardano to retest $0.4415 by the end of 2023 Everlodge could float higher based on projections XRP can retest $1.88 XRP might see a substantial price increase, as indicated by projections from analysts.  Dark Defender, a user on X, predicts a cup-and-handle pattern formation in the daily chart.  Hi all. $XRP formed a cup & handle pattern in the daily time frame. We set targets for $1.05 & $1.88 with the Elliott Waves, and now the Cup-Handle pattern is also blinking XRP to reach the targets. Can the handle be extended towards $0.5286 Support? We still need to close… pic.twitter.com/SvVokOYTs8 — Dark Defender (@DefendDark) November 21, 2023 According to the analyst, the short-term range falls between $...

Animoca Brands has secured its position as the largest validator on the TON blockchain. Animoca Brands actively supports third-party gaming projects within the TON ecosystem. Telegram’s endorsement of TON as its blockchain of choice for Web3-related developments in September adds weight to TON’s prominence. Hong Kong-based venture capital firm Animoca Brands has made a significant move in the blockchain and gaming space, solidifying its position as the largest validator on the TON (Telegram Open Network) blockchain. The strategic investment aligns with Animoca’s focus on gaming and metaverse projects, contributing to the TON ecosystem’s development. Animoca Brands’ investment in TON In a recent announcement, Animoca Brands confirmed its investment in the TON ecosystem, refraining from disclosing specific details regarding the terms of the investment. The firm is actively supporting third-party gaming ventures within the TON ...

Bitcoin ETF approvals may have key timing as the Ichimoku Cloud demands BTC price keep climbing into 2024. Bitcoin (BTC) may cruise to nearly $50,000 as the United States okays the first spot price exchange-traded fund (ETF). As flagged by popular analyst CryptoCon, the Ichimoku Cloud indicator is counting down to upside BTC price continuation. Analysis: $43,000 BTC price is "most conservative level" Bitcoin is in a rare position on weekly timeframes when it comes to Ichimoku Cloud signals. As Cointelegraph reported, the indicator, which combines past, present and future trading cues, suggests that the BTC price gains have only just begun. In a post on X (formerly Twitter) on Nov. 27, CryptoCon was able to deliver a specific target for what could happen next. Ichimoku’s leading spans have crossed, leading to the formation of a new upside cloud. With the lagging span, Chikou, breaking out of resistance, price should now logically head higher. “The Weekly Ichimoku cloud ca...

Cryptocurrency exchange OKX has announced the launch of its services to users in Brazil through a dedicated local exchange and Web3 wallet. The move comes as the South American nation continues to post staggering growth in crypto adoption and cements itself as one of the most promising emerging blockchain markets globally. In an announcement on November 27th, OKX highlighted Brazil ’s potential to lead cryptocurrency and decentralized finance innovation going forward. Guilherme Sacamone, General Manager of OKX Brazil , stated that Brazil ians have a strong appetite for fast, liquid crypto trading paired with secure self-custody solutions, both of which will be cornerstones of the new offering. Also read: Shiba Inu: AI Predicts SHIB Price For November 30, 2023 OKX’s expansion is part of surging crypto interest in Brazil The company’s expansion is timed to capture surging interest in digital assets across Brazil. Recent surveys have found over 90% of loca...

Ripple recently secured a partnership with HSBC, a major global bank. Metaco’s CEO stressed the indirect correlation between Ripple’s success and XRPL’s. HSBC’s decision to partner with Ripple is not solely tied to Ripple’s acquisition of Metaco. Ripple has recently established a partnership with HSBC, one of the world’s largest banks. Many perceive this collaboration as a significant stride toward the wider adoption of Ripple’s XRP Ledger (XRPL) and its associated cryptocurrency, XRP. Contrary to speculations linking HSBC’s decision to Ripple’s recent acquisition of Metaco, the Swiss custody firm, it has been revealed that Metaco actively pursued the bank for over 18 months. Adrien Treccani, CEO of Metaco, emphasized the indirect correlation between Ripple protocols and the firm’s banking clientele. He noted that Ripple’s success as a company inevitably contributes to the success of the XRP...

TerraClassicUSD (USTC) soars 160% in 24 hours, sparking crypto market optimism with TCL’s strategic investment. TCL’s bold acquisition of USTC stabilizes the stablecoin, sending Terra Classic (LUNC) to a 3-month high. LUNC’s overbought RSI and intense purchasing pressure hint at a potential short-term correction. TerraClassicUSD (USTC) has witnessed a significant surge, climbing over 160% within 24 hours. This surge, driven by a strategic investment by Terra Classic Labs (TCL), has had a cascading effect on Terra Classic (LUNC), sparking enthusiasm about a potential recovery in the cryptocurrency market. $USTC (#TerraClassicUSD)'s 3d Prices, after holding a breakout, are now showing MAJOR STRENGTH and can be in pursuit of the ≈$0.069 target area! This could mean that another +252% surge in prices to reach this target may be on its way, and in response, the Terra Platform can… https://t.co/40b0BAmzJd pic.twitter.com/xOiZjkIhaq — JAV...

Scammers posing as Forbes journalists have been targeting BAYC holders to set up interviews and distract them while they attempt to steal their apes. A Bored Ape Yacht Club (BAYC) owner says he has managed to avoid a potentially “dreadful day” after being asked to retrieve a banana for a photo from someone they initially believed was interviewing them for Forbes. On Nov. 27, NFT collector ‘Crumz’ detailed his run-in with a scammer  posing as a Forbes journalist. He reported that someone pretending to be Robert LaFanco — a real Forbes editor, contacted him by direct message from an impersonator account with the offer of an interview for a new article about BAYCs.  SCAM ALERT!! I just spent the last 2hours on Zoom with '@Forbes' it was pretty sophisticated and well thought out because I'm usually on high alert but luckily I wasn't caught. Here's what they did. 1/8 — Crumz (@crumz10) November 26, 2023 During the interview, the scammer prompted Crumz to clic...

The Cosmos Hub community has approved a proposal capping ATOM’s maximum inflation rate at 10% Per the proposal, validators can still break even or turn profits at 10% inflation Reducing inflation rate will help Cosmos’ security and growth potential. The latest Cosmos news is that the community has approved a proposal that seeks to cut the maximum inflation rate of ATOM to 10%. The Cosmos Hub X account shared the results of the vote that ended on November 26. Proposal 848, dubbed the “ATOM Production Reduction: Proposal to Set the Maximum Inflation Rate to 10%” passed with 41.1% of the vote in support and 31.9% against. Vote turnout was more than 72%, the highest in the Cosmos Hub’s history.  ATOM’s maximum inflation rate to reduce from 20% to 10% Approval means the cryptocurrency’s maximum inflation parameter will be reduced from 20% to 10%, bringing the current inflation rate down from 14% to 10%. Cosmos Hub...

Dogecoin (DOGE) is one of the oldest and most popular cryptocurrencies in the crypto market. In 2021, Elon Musk leveraged its popularity by showing public support and enthusiasm for the leading meme coin, which brought more investors to the project. Notably, more than half of all Dogecoin investors are holding a profit able position on DOGE at the time of publication, according to data from IntoTheBlock on November 25. Essentially, this shows resilience in Dogecoin’s capacity as a store of value for these investors. As well as it could also indicate that these holders might sell DOGE at any moment to realize this profit. In particular, 57% of every cryptocurrency wallet address holding DOGE is “In The Money.” This means these Dogecoin investors bought DOGE at a price lower than the current $0.078342 per coin. Dogecoin (DOGE) token summary and holders. Source: IntoTheBlock Dogecoin investors are long-term holders Cryptocurrency 3 cryptos to buy under $0.10 next w...

The Shiba Inu (SHIB) ecosystem has experienced a notable upswing in transaction activity on Shibarium. This surge has coincided with significant price fluctuations in the Shiba Inu token over the past 24 hours. The meme coin saw a decline of 5% at press time. It was trading at $0.00000795. As the month nears its end, the SHIB community is eagerly anticipating the performance of this meme coin in the upcoming days. Recent Performance and Variations Over the last month, SHIB has demonstrated considerable strength, displaying a substantial gain of 30%. From its late October value of $0.0000068, the token reached a peak of $0.0000095. However, the $0.000009 resistance point has proven to be a formidable obstacle for SHIB, resulting in swift retracements upon breaching. The resolution of this resistance level holds the key to Shiba Inu’s short-term trajectory, as surpassing it could pave the way for an extended bullish trend. Also Read: Shiba Inu [SHIB] Weekly Price Prediction ...

In a post made Nov. 23 on LinkedIn, David Friedland, the Managing Director of the Asia Pacific region for Interactive Brokers, shares an early announcement of a Hong Kong license approval. The license is said to allow retail clients to trade Bitcoin (BTC) and Ethereum (ETH). A surge in activity The recent announcement from Victory Securities coincides with a rush in crypto industry activity in Hong Kong, which has emerged as a focal point for crypto-related endeavors, attracting numerous companies seeking local licensing. David Friedland LinkedIn Post | Source: LinkedIn Notably, in August of this year, Hashkey secured the distinction of being the first crypto exchange in Hong Kong to obtain a specific license permitting the offering of crypto assets to retail investors. Friedland shares that an official announcement from the company should come available soon. You might also like: Victory Securities gains approval by Hong Kong SFC The race continues News of Inte...