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Court Approves Terra’s Do Kwon Extradition to U.S. and South Korea

Montenegro’s justice minister will decide on Do Kwon’s extradition. Do Kwon is serving a four-month prison term in the country for document forgery. A Montenegro court said requirements for Do Kwon’s extradition to the U.S. or South Korea have been met. Troubled Terraform Labs (TFL) founder Do Kwon’s extradition to either South Korea or the United States has been approved by a Montenegro court. The court located in Podgorica decided that the extradition requirement had been satisfied. According to updates posted on the judiciary’s website, the Montenegrin Justice Minister will make the final decision on extradition. However, Do Kwon will still complete his prison sentence in Montenegro. Earlier this year, the crypto founder was arrested at Podgorica’s airport with falsified documents in an attempt to flee the country. Following his arrest, Do Kwon was given a four-month sentence for document forgery. Outside the Southeastern European country, Do Kwon...

Analysts bullish on Polygon, traders exploring PEPE and Everlodge

Polygon (MATIC) is trending higher, looking at price action. Meanwhile, traders have their attention on PepeCoin (PEPE) and Everlodge (ELDG), indicating a potential shift in market dynamics.  Polygon is bullish According to one analyst, there is a potential head-and-shoulders pattern in the MATIC’s 4-hour chart. #Polygon | It looks like $MATIC formed a head-and-shoulders on its 4-hour chart! A sustained candlestick close below the pattern's neckline at $0.79 could trigger a 16% correction toward $0.67. Invalidation of the bearish outlook comes with an upswing above the right shoulder… pic.twitter.com/doA2ECdVtH — Ali (@ali_charts) November 21, 2023 If there is a breakout below $0.79, prices may retest $0.67.  On the other hand, any upswing above the right shoulder at $0.86 may trigger more demand.  MATIC remains mostly bullish . Prices rose from $0.61 on Oct. 22 to $0.76 on Nov. 22.  Analysts forecast the coin to reach $0.86 by December 202...

OKX to list Fetch.ai (FET), SingularityNET (AGIX) for spot trading

OKX will list Fetch.ai (FET) and SingularityNET (AGIX) on its spot market on November 24 at 10am UTC. FET and AGIX are leading AI tokens and their prices have surged in recent months. OKX also recently listed Pyth Network (PYTH). Crypto exchange OKX has announced the listing of two artificial intelligence ( AI ) related crypto tokens on its spot market. The two tokens, Fetch.ai (FET) and SingularityNET (AGIX) will be added to the exchange’s spot market at 10:00 am UTC on Friday, November 24.  Deposits for FET/USDT and AGIX/USDT are open, enabled at 6:00 am UTC ahead of trading, OKX said in a post on X. OKX will enable FET and AGIX withdrawals on November 27, at 10:00 am UTC. FET and AGIX prices surge Fetch. AI is an Ethereum-based token that is powered by artificial intelligence to support a decentralised internet economy. The total supply of FET is 1,152,997,575. After OKX’s announcement, the price of OKX surged more than 10% to break ...

Trader Updates Outlook on Altcoin That’s Exploded 290% in Three Months, Says a Bitcoin Correction’s Now ‘Likely’

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A widely followed crypto strategist is updating his outlook on one soaring altcoin as the broader crypto markets trade sideways. Pseudonymous trader Credible Crypto tells his 353,600 followers on the social media platform X that proof-of-work cryptocurrency Kaspa (KAS) could face rejection at a key resistance level before continuing its rally. “Decent reaction on KAS since my last post on it, but we are at a local level of resistance (red) and not seeing impulsive PA (price action) yet, so I think there’s a decent chance we reject here shortly and come back down to build a larger base. This is preferred because, although I’m loaded up, I know that the longer we spend building a base before the next leg the more sustainable it will be. I’d gladly trade an extra week of consolidation for a more aggressive/explosive rally when it comes. Use this time to accumulate Kaspians.” Source: Credible Crypto/X The trader’s chart indicates that K...

Pyth Network’s PYTH Token Skyrockets 28% Post Successful Airdrop

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Pyth Network’s bullish trajectory hints at a potential $1 target. Strategically executed airdrop and a growing market share make PYTH a token to watch in 2023. PYTH token’s soaring 28.87% from its intraday low signals strong investor interest in Pyth Network’s potential. The Pyth Network has made a striking entrance with its native token, PYTH, launched amidst high expectations and immediately captured the market’s attention. Initially debuting with a market capitalization of $765 million, it briefly dipped to $457 million, showcasing the usual volatility of the crypto realm. On the other hand, the token’s tenacity is impressive, with bulls able to push the PYTH price from an intraday low of $0.3392 to a 24-hour high of $0.479 before encountering resistance. In addition, PYTH was trading at $0.4392 at press time, up 28.87% from the intraday low. Furthermore, with a 24-hour trading volume of $253.79 million, PYTH has exhibited grea...

Austria’s Raiffeisen Bank to launch crypto trading in partnership with Bitpanda

Austria’s Raiffeisen Bank will launch crypto trading in 2024. Raiffeisen Bank International has $215B in assets and a customer base spanning the European Union and Eastern Europe. Bitpanda crypto exchange has complied with the crypto regulations in Austria and Germany. In a significant move signalling the increasing adoption of crypto currencies in the traditional banking sector, Raiffeisen Bank International has announced its plans to introduce crypto currency trading services for retail customers by the end of January 2024. The initiative will commence in Vienna, where the 97-year-old bank is headquartered, in collaboration with local cryptocurrency exchange Bitpanda. Raiffeisen Bank’s partnership with Bitpanda  Raiffeisen Bank’s  crypto currency services, designed to cater to digital-savvy customers, will leverage a partnership with Bitpanda. Through the Raiffeisen app, customers in Vienna will be able to access Bitpanda...

BlackRock Joins Grayscale in Spot Bitcoin ETF Pursuit: Talks with SEC

In a significant development within the cryptocurrency market, BlackRock, the world’s largest fund manager, recently engaged in discussions with U.S. Securities and Exchange Commission (SEC) officials regarding its application for a spot Bitcoin exchange-traded fund (ETF). The meeting, held on Nov. 20, centered on the intricacies of BlackRock’s proposed investment vehicle and the potential adoption of either an “in-kind redemption model” or an “in-cash redemption model.” As per an SEC memo released on Nov. 20, BlackRock provided a comprehensive overview of its iShares Bitcoin Trust. It presents options for implementing either an in-kind or in-cash redemption model. The specifics of the SEC officials’ response to these proposed models remain undisclosed. This further creates anticipation within the cryptocurrency community regarding the regulatory body’s forthcoming decision. This meeting serves as a pivotal step in the ongoing dialogue ...

Binance Remains the Largest Crypto Exchange Despite Recent Outflow

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Changpeng Zhao stepped down as Binance CEO, pleading guilty to breaching anti-money laundering laws. Binance saw a liquidity crisis and a major outflow of assets following Zhao’s move. Despite these challenges, Binance leads as non-US users are less involved in the asset outflow. Binance continues to linger at the forefront of the blockchain industry despite the ongoing regulatory pressures and Changpeng Zhao’s resignation. According to a recent CryptoQuant report, non-US users of Binance are less likely to withdraw their holdings on the platform. Despite regulatory pressure, non-U.S. users persist in keeping their assets on Binance.https://t.co/66yVQGkrrk https://t.co/1TXeqp1Tdx pic.twitter.com/HCEm5nPs2S — Ki Young Ju (@ki_young_ju) November 22, 2023 Over the past few months, Binance and its CEO, Changpeng Zhao, have been sued by the US Securities and Exchange Commission (SEC), alleging that the platform breached federal securities laws. In a law...

Blur (BLUR) Price Prediction 2023-2030: Will BLUR Price Hit $5 Soon?

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Blur’s (BLUR) price prediction ranges from $0.9831-$1.0034. BLUR’s price could also reach $1.6707 level in 2023. The BLUR bearish market price prediction for 2023 is $0.1030. Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, Blur (BLUR) is one of them. The native governance token of the Blur platform, an original NFT marketplace and aggregator, is called Blur (BLUR). The platform provides a range of sophisticated capabilities, including multi-marketplace NFT comparisons, portfolio management, and real-time pricing feeds. It is intended to succeed where other platforms fail, especially in the area of NFT creator royalties. If you are interested in the future of BLUR and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading! Table of contents Blur (BLUR) Market Overview What is Blur (...

Belgium seeks to reboot the EU blockchain infrastructure project

The country's government plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council. Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council in early 2024, according to the goveernm. The proposal aims to facilitate the secure storage of official documents like driving licenses and property titles.  The development of public blockchain for the pan-EU infrastructure is among the four priorities of Belgium’s upcoming presidency, the country's secretary of state for digitization, Mathieu Michel, told the Science|Business media on Nov. 21. The remaining three initiatives will take on the matters of artificial intelligence (AI), online anonymity and the skills, necessary for the digital economy. Related: German parliament member ’staunch opponent’ of digital euro, all in on Bitcoin Michel suggests rebooting the European Blockchain Services Infrastructure (EB...

Are Bitcoin ETFs good for adoption or ‘watered-down crypto’? Debate rages

As hype builds for spot Bitcoin ETFs in the U.S., some are concerned the industry is moving away from the “core promise” of cryptocurrencies. CoinList founder Andy Bromberg believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) are just “watered down crypto ” and a sign the industry is heading in the wrong direction, amid growing hype over potential ETF approvals in the United States. Bromberg — also CEO of payments-focused wallet app Beam — told Cointelegraph: “If a Bitcoin ETF is considered crypto, we’ve failed as an industry.” He said a Bitcoin ETF would “absolutely” be a net positive for crypto adoption but asserted the space’s success comes from helping people self-custody assets and decouple from the traditional finance system — the antithesis of a TradFi ETF. “If crypto adoption happens mostly through ETFs and similar centralized financial instruments, then the core promises of the technology won’t be realized — decentralization and true ownership.” The rise of rollups...

Analysts Pick Top 3 Performing AI Tokens For Next Bull Cycle

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AJ noted that he was about to start accumulating AGIX tokens in his public portfolio. Armstrong thinks that GRT is a unique coin with a utility unmatched by any other project. Ben Armstrong, AJ, and Corey have revealed their favorite AI tokens for the next bull cycle. Three crypto analysts, Ben Armstrong, AJ, and Corey, have revealed their favorite AI-focused crypto tokens for the next bull cycle. In a recently uploaded video, all three analysts provided reasons why they think their chosen crypto tokens would perform well in the next bull market. AJ picked AGIX, the native token for SingularityNET, as his favorite AI-based crypto token for the next dispensation. According to him, SingularityNET is a marketplace where users can purchase or post AI products, and AGIX is the native token for that marketplace and the entire SingularityNET ecosystem. He acknowledged the team behind SingularityNET, specifically mentioning Ben Goertzel, the project’s CEO, ...

Fantom awards $1.7M to security researcher for averting $170M loss

The Fantom Foundation says the $1.7 million is bounty for a security researcher whose quick alert helped prevent a potential $170 million hack. Fantom had lost $550k in October, with the hack targeting a reassigned wallet seeing an employee lose $7 million. The Fantom Foundation, the non-profit organisation behind the crypto platform Fantom, rewarded a security researcher whose efforts helped foil a potential catastrophic hack. Fantom’s award of $1.7 million was revealed in a blog post on Monday, November 20.  Bounty relates to $550k hack According to the Fantom Foundation, the bounty relates to the October 17 incident that saw an attacker drain over $550k from a Fantom wallet that had been reassigned to an employee. The “targeted attack” reportedly saw the employee lose over $7 million. pic.twitter.com/gShkT3C9XV — Fantom Foundation (@FantomFDN) October 17, 2023 But while Fantom Foundation maintained its wallets were not ...

Crypto Sleuths Struggle to Separate Legit Critics from Scammers: Huber

Mr. Huber highlighted the difficulty faced by crypto enthusiasts in distinguishing honest critics. Huber deleted a previous tweet praising @ScamDetective6, acknowledging it as an “obvious scammer”. Analyst WrathofKahneman argued that such situations undermine productive discussion rather than contribute to it. Crypto investigator Mr. Huber acknowledged the challenge crypto enthusiasts face in identifying honest critics after being misled by an account later revealed to be insincere. One again you said it perfectly! It's actually tragic how much rational XRPL investors crave just some rational critical viewpoints. This craving is so great that they even praise the viewpoints from scammers in disguise. Now that you mention it, I get it: All those years of… https://t.co/QvNM0cWVuS — Mr. Huber (@Leerzeit) November 19, 2023 Huber had deleted an old tweet praising the now-suspended account @ScamDetective6. He explained that, despite initi...

Crypto exchange Bullish acquires CoinDesk from Digital Currency Group

Bullish acquires CoinDesk, planning substantial investment in its global expansion, and appoints the former Chief Editor from the Wall Street Journal as Editorial Committee Chair. Bullish, a rapidly expanding regulated crypto exchange led by CEO Tom Farley, has acquired CoinDesk from Digital Currency Group. Tom Farley emphasized the strategic importance of this acquisition, noting CoinDesk’s critical role in shaping the global crypto and blockchain ecosystem through its esteemed editorial coverage, leading events, and market-influencing data and indices.  Bullish has acquired @CoinDesk, which will operate as an independent subsidiary and retain editorial independence. Bullish will immediately inject capital into several of CoinDesk’s most exciting growth initiatives which will power the launch of new services, events and products.… pic.twitter.com/vGIUXI9Jy3 — Bullish (@Bullish) November 20, 2023 Farley announced Bullish’s commitment to significantly inves...

While Dogecoin Price Goes to Hell, a Physical Coin Will Reach the Moon

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Another new company Astrobotic announced that it would send a physical Dogecoin to the moon in December next month. Astrobotic will send a physical replica of Dogecoin on the DHL Moonbox via ULA’s Vulcan Centaur Rocket on December 12, 2023. The mission has been funded by the DOGE community since 2015 and embodies a collective effort from investors. Also Read: Shiba Inu Forecasted To Reach 50 Cents: Here’s When “Dogecoin on the moon update. Exciting news for the Dogecoin community! Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket on 12/23/2023. Funded by our community in 2015, this mission embodies collective effort! ” tweeted the official page of Doge. Read here for more details about the mission. 🚀 Dogecoin On The Moon Update🌕 Exciting news for the Dogecoin community!🌑 Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA's Vulc...