Posts

Coinbase Suspending Wrapped Bitcoin (wBTC) Trading as cbBTC Surges

Image
The largest cryptocurrency exchange in the United States, Coinbase, has announced that it is suspending the trading of wrapped Bitcoin (wBTC) as its own cbBTC offering continues to rise in value. In a post to X (formerly Twitter), the exchange announced that the suspension comes as part of a compliance review for the cryptocurrency. The exchange notes that the asset will be suspended on December 19th, around 12pm ET. The move is a regular monitoring practice, as the firm looks to affirm all listed tokens “meet our listing standards.” Moreover, the rise of Coinbase’s own wrapped Bitcoin option has undoubtedly played a part in the decision. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET. — Coinbase Assets ️ (@CoinbaseAssets) November 19, 2024 Also Read: Coinbase Officially Lists the Meme Coin PEPE Coinbase Suspending wBTC as
Post a Comment
Read more

VeChain (VET) to Kickstart a Massive Rally in Q1 of 2025

Image
VeChain is currently trading at the $0.032 mark on Wednesday and is up nearly 1.1% in the day’s trade. VET has soared 51% in the last two weeks, delivering stellar returns to investors. Those who took an entry position after Trump’s victory have made good returns in a short period. The cryptocurrency is receiving bullish momentum as its 24-hour trading volume has topped $143 million. Also Read: Can Dogecoin (DOGE) Hit $1 Under Trump Musk Leadership? The inflow of funds in VET remains high as its market cap breached the $2.6 billion mark on Wednesday. The supply chain-based token is attracting buying sentiments in November, driving its price much higher in the indices. This puts the token in the ‘buy’ category as investments could reap the rewards. Also Read: Ripple: When Will $1000 Worth of XRP Become $500,000? VeChain: VET Projected to Deliver Big Returns in Q1 of 2025 Source: Unsplash The latest and revised price prediction from leading on-chain metrics firm CoinCodex has painted a b
Post a Comment
Read more

Elon Musk's X Sues Twitch: Alleges Conspired Boycott of X

Elon Musk’s X (formerly Twitter) is launching a lawsuit against streaming service Twitch, alleging their advertisers conspired to boycott the social platform. X first filed the complaint in August against members of the Global Alliance of Responsible Media. The Musk-owned social platform has added Twitch as a defendant in the lawsuit, accusing advertisers of colluding to withhold ad spend. Twitch is owned by Amazon (AMZN). https://twitter.com/WatcherGuru/status/1858920730571731396 The addition of Twitch as a defendant to the suit indicates that X has no plans to de-escalate its legal fight against boycotting advertisers. This battle has been ongoing between X and advertisers since this past summer in court. The original complaint from Musk’s X accuses members of the Global Alliance of Responsible Media, a now-discontinued initiative that was led by advertising trade body the World Federation of Advertisers, of illegally colluding to “collectively withhold billions of dollars in adverti
Post a Comment
Read more

Bitcoin sets for a $138,000 record high but expects major pullback

Image
Historical price patterns suggest that Bitcoin (BTC) might be preparing for a record-high target before a potential pullback. Indeed, Bitcoin is consolidating above the $90,000 mark, with the markets anticipating a push toward the $100,000 level, which is highly expected to clock by January.  According to observations made by crypto trading expert Ali Martinez, Bitcoin could rise to $138,000 in the current cycle before facing a significant correction, as noted in X post on November 19. Picks for you Crypto trader turns $1.9K into $3.6 million in just 2 hours 2 hours ago Could Gary Gensler resign from SEC at the end of November? 21 hours ago
Post a Comment
Read more

BRICS: UAE Becomes 2nd Largest Gold Hub in the World

Image
As the BRICS bloc looked to continue buying the metal, the United Arab Emirates (UAE) has become the second-largest gold hub in the world. Indeed, the country is looking to advance its position and eventually be the top “alternative” to traditional gold trade centers, according to a new report. Throughout 2024, the BRICS bloc has ramped up its efforts to acquire the asset. Many believed it was connected to its continued de-dollarization efforts, as it sought to lessen reliance on the US dollar. Those efforts have paid off, as one of its member nations has become a key player in the global gold trade market. Source: Reuters Also Read: Four New Countries Show Interest in Joining BRICS Alliance, But Who Are They? UAE Looks to be Global Gold Hub Amid BRICS Currency Shift This year had proven to be one of the biggest years for gold as an investment. Since December of 2023, the metal has continually set all-time highs and landmark price records. The highest mark was set on October 30th, when
Post a Comment
Read more

US Economy: Debt Is Breaking America's Back, Gnawing At Her Freedom

Image
The bulging US debt situation is worsening as the nation battles overflowing debt numbers on all frontiers. The United States is currently busy handling a bleeding debt crisis on its hands that, if left uncontrolled, has the potential to paralyze the nation from all sides. Also Read: Ripple: After Reaching $1, XRP Predicted to Hit $2: Here’s How The United States’ Debt Situation Is Overflowing: What’s Happening? Image Source: Watcher Guru A recent post by the notable Kobeissi Letter brought forth a compelling insight to ponder. The platform uploaded the recent list of segmental debt metrics that the US is currently bursting with. For instance, the platform outlined that the US is currently battling internal debt issues associated with diverse sectors, including households and mortgages. Per KL, the US currently has a record $179 trillion in household debt. The aforementioned stats are followed by a record $12.6 trillion in mortgages, as well as $1.6 trillion in auto loans. Such exorbit
Post a Comment
Read more

Will Pepe Coin Break $0.00003 As Interest Surges In Pepe Unchained Presale Hitting $34M Milestone

Image
The meme coin market is surging, with $PEPE gaining momentum and achieving a remarkable 71% increase over the past seven days. The search volume for the term ‘meme coin’ has reached unprecedented levels, signaling a return of retail investors and confirming that meme coins are becoming a serious part of crypto portfolios. Pepe coin, in particular, has shown remarkable bullish trends, recently surpassing a $10 billion market cap, and its price chart is exhibiting strong consolidation, hinting at potential future growth. $PEPE Price Prediction As of today, November 17th, $PEPE is trading at $0.0000211, boasting an $8.8 billion market cap and a 24-hour trading volume of $4.3 billion. Technical Analysis shows a promising breakout pattern, with the possibility of Pepe coin reaching a target of $0.00003, driven by Fibonacci levels. Despite some overbought signals, the consolidation and volume patterns suggest that the coin has room for further growth, especially when compared to i
Post a Comment
Read more

Why XRP could hit $8 after reclaiming a 3-year high

Image
XRP has emerged from what can be considered a hibernation, with the token reclaiming the $1 mark for the first time in over three years. This move puts questions about XRP’s long-term sustainability to rest, with an analyst predicting further upside for the asset. This potential stems from XRP’s dominance in the cryptocurrency market, which has reclaimed the 1.66% level—a significant milestone after three years—according to an Analysis by Cryptoinsightuk in an X post on November 16. XRP price analysis chart. Source: TradingView This dominance level has historically acted as a launchpad for upward movements, with dominance seeing an average continuation of 740% in similar scenarios. Picks for you Here’s why this crypto startup founder is on the Socialist Party’s ‘Wall of Shame’ 51 mins ago
Post a Comment
Read more

BRICS: Indigenous Groups in Canada Seek Oil Deals With China

Image
Canada’s Indigenous groups are seeking deals with BRICS member China to bolster their communities’ income. The indigenous communities under the ‘First Nations in Canada’ are seeking deals with China that could give Beijing access to the country’s natural resources. Also Read: BRICS: 28% of Trade Settled in Cryptocurrencies: Deutsche Bank The indigenous groups in Canada are seeking deals with BRICS member China despite warnings from the Canadian Security Services (CSS). The CSS has warned the indigenous communities about conducting business with Xi Jinping’s government. However, Canada’s indigenous groups are not paying heed to the warnings despite being at odds with its national security priorities. The deals from the indigenous groups could give access to BRICS member China’s natural resources in Canada. This week alone, the Canada-China Business Council indigenous trade mission is being held in Beijing. The two groups will discuss potential energy and other business deals that put Ca
Post a Comment
Read more

Brett Price Prediction: BRETT Soars 15% After Alchemy Pay Inclusion, But Experts Say Consider This Meme Coin Rival For Parabolic Gains

Image
The Brett price surged more than 15% in the last 24 hours to trade at $0.1601 as of 3:45 a.m. EST as investors go long on the leading Base meme coin . The strong 24-hour performance registered by the BRETT price follows an announcement that the crypto has been added as an option on Alchemy’s on-ramp.  .@BasedBrett, the leading memecoin on #Base, is now supported on #AlchemyPay's On-Ramp! You can now pick up $BRETT using fiat to get in on the fun. Simple, direct access—making it even easier to join the memecoin craze! Try now: https://t.co/OltRWp60Gj pic.twitter.com/4cjW3lYUXe — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) November 14, 2024 Brett Price Forms A Bullish Channel 4-hour chart for BRETT/USD (Source: GeckoTerminal ) The Brett price has been in a positive sequence on the 4-hour chart over the last 48 hours, resulting in the formation of a bullish price channel. If this positive trend continues, the meme coin could soon attempt a challenge at the
Post a Comment
Read more

Is It Too Late To Buy DOGE? Department Of Government Efficiency Price Surges 19% As Elon Musk Discusses New DOGE Role – And This Might Be The Next Crypto To Explode

Image
The Department of Government Efficiency price surged 19% in the last 24 hours to trade at $0.4128 as of 3.45 a.m EST on trading volume that surged 26% to $76.41 million. The DOGE token was inspired by Donald Trump’s idea to create a new department that would be spearheaded by Elon Musk to focus on government efficiency. With that being the case, Trump’s victory in last week’s US presidential election resulted in a major price surge for the token. WE DID IT!!! 🫡🇺🇸🚀 The American voters have spoken and with Donald Trump as President, we will see Elon Musk as the head of the Department of Government Efficiency!!!! The next stage of our journey starts NOW! Join us on this journey as Elon and The DOGE cut their way through… pic.twitter.com/Hzf2vKGVPN — Department Of Government Efficiency Community (@doge_eth_gov) November 6, 2024 The project saw its price skyrocket by over 500% in a single week. However, the sharpest surge took place in the last day and a half or so, as Elon Mus
Post a Comment
Read more