Category: Crypto

Bitcoin reaches a record $77,000 after the Federal Reserve lowers interest rates. While the cryptocurrency market celebrates, analysts warn of potential long squeezes and mass liquidations. Will Bitcoin maintain its upward trajectory or face a pullback? The market remains volatile.
The post Bitcoin Surges to Record $77,200 – Can the Rally Hold or Is a Pullback Next? appeared first on Cryptonews. …

A Chinese public official, Wang Moumou, has been sentenced to life imprisonment for selling state secrets to foreign agents in exchange for over 1 million yuan in cryptocurrency, following significant financial losses from his investments.
The post Chinese Man Sentenced to Life for Selling State Secrets for Crypto appeared first on Cryptonews. …

Industry experts explain the benefits associated with storing election data on decentralized servers versus centralized databases.
The post Benefits Of Storing Election Data On Decentralized Databases appeared first on Cryptonews. …

Former Alameda Research Caroline Ellison began her two year prison sentence Thursday, November 7 for her role in the FTX collapse, the Federal Bureau of Prisons revealed this week. Ellison will also be forced to pay an $11 billion fine.
The post Former Alameda Research CEO Caroline Ellison Begins Two Year Prison Sentence appeared first on Cryptonews. …

Over the past 24 hours, XRP has broken a monthly high, positioned at its most fundamentally leveraged since 2020, potentially unburdened by a Trump presidency.
The post XRP Price Hits Monthly High – Is the Path to $10 Finally Clear?  appeared first on Cryptonews. …

The de facto nation of Abkhazia claims it has shut down all “large” crypto mining “farms” on its territory.
The post Abkhazia Says It Has Shut Down ‘All Large Crypto Mining Farms’ appeared first on Cryptonews. …

The California DFPI revoked BlockFi’s lending license for unsafe lending practices and violations of the California Financing Law. Following investigations, BlockFi agreed to surrender its license amid bankruptcy, reflecting heightened regulatory oversight in the evolving crypto lending sector.
The post California Permanently Revokes BlockFi’s Lending License Two Years After Bankruptcy appeared first on Cryptonews. …

Dave McCormick secures a narrow victory in Pennsylvania’s Senate race, unseating Democratic incumbent Bob Casey. Known for his pro-crypto stance, McCormick’s win signals stronger advocacy for blockchain and financial innovation amid broader Republican gains in the 2024 elections.
The post Pro-Crypto Dave McCormick Wins Pennsylvania Senate Seat appeared first on Cryptonews. …

Ethereum Foundation disclosed a $970.2M treasury, holding 99% in ETH, representing 0.26% of the token’s supply. With a focus on long-term sustainability, it funds ecosystem advancements, manages financial stability, and supports critical Ethereum developments, including the Mekong testnet launch.
The post Ethereum Foundation Discloses $970M Treasury in 2024 Report, Spotlights Ecosystem Progress appeared first on Cryptonews. …

Meme coin Neiro ($NEIRO) continues to soar after yesterday rising by as much as 50% in the pace of 24 hours. Ethereum’s new Dogecoin contender was the best performing meme coin in the last 24 hours among the fifteen largest by market capitalization. Neiro blew up 11.4% overnight and a staggering 55.5% over the week […]
The post Neiro Soars as Traders Eye 500% Rewards Coin – Is It Time to Make the Switch? appeared first on Cryptonews. …