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IOTA broke above a key level after news of the $100 million DLT foundation. Everlodge presale price has risen to $0.025 and is projected to hit $0.035 by the time it launches. By the time ELDG launches on major exchanges, its value could be 280% higher than the initial price of $0.01 The price of IOTA (IOTA) soared to above $0.28, its highest level since early October 2022. Meanwhile, positive sentiment across the crypto market has seeped into Everlodge (ELDG). With bullish momentum likely to push IOTA and other crypto prices higher, is this the time to diversify portfolios? Here’s a look at IOTA’s potential price performance as well as why fractional Investment s on the blockchain are one of the hottest trends today – with Everlodge positioned to be the main player in the fast-rising property Investment sector. IOTA’s key DLT Foundation launch IOTA (IOTA) is a distributed ledger, whose native coin is used as a unit of transaction...

After a prolonged legal battle, XRP gained partial regulatory clarity when the court declared it not a security in the Securities Exchange Commission (SEC) case, a factor anticipated to boost its price. However, while there was an initial surge post-legal clarity, XRP later corrected to align with the broader market. In this line, pro-Ripple lawyer Bill Morgan, in an X (formerly Twitter) post on November 29, expressed his surprise and concern over the seemingly sluggish price performance of XRP compared to other major cryptocurrencies.  Morgan raised questions about the peculiar market behavior of XRP even after the digital asset obtained legal clarity following a period of scrutiny by the SEC. He suggested that XRP would have likely maintained a growth trajectory similar to other cryptocurrencies without the legal case.  “Wow. I never realized XRP’s price performance was this poor compared to other major coins and not only compared to Bitcoin and Ethereum. It...

After less than a month since its launch in Europe, Meta’s paid ad-free service is facing backlash in the region. According to the European Consumer Organisation (BEUC), the service breaches the European Union’s (EU) consumer laws. The BEUC filed a joint complaint with 18 members to the Consumer Protection Authorities (CPC). Meta’s latest run-in with the law in Europe comes days after the Austrian privacy watchdog, NOYB, said that the paid service amounts to paying a fee for privacy. Also Read: EU Slams Alphabet, Amazon, Meta, Apple & More as “Gatekeepers “ Meta says that the paid add-free service aims to comply with the EU’s privacy rules. The rules require companies to offer a choice to users whether to collect their data for targeted ads or not. According to BEUC Deputy Director General Ursula Pachl, “ Meta is breaching EU consumer law by using unfair, deceptive and aggressive practices, including partially blocking consumers f...

Defi platforms Aerodrome and Velodrome suffer a front-end attack , with an estimated $40,000 compromised.  Two prominent defi platforms , Aerodrome and Velodrome, have experienced security breaches in their front-end systems. The incidents occurred on Nov. 28, as disclosed by the platforms . Both Aerodrome and Velodrome alerted their users through X, advising them to cease all interactions with their services due to these security concerns. They have initiated thorough investigations into the breaches. Velodrome has further asked users not to use the web link attached to their social media bio.  To be clear, do NOT use the link in our Twitter bio. The link in the quoted tweet is a mirror and is safe. Only use that one for now. https://t.co/8QDodF7HDP — Velodrome (@VelodromeFi) November 29, 2023 You might also like: Ethereum turns deflationary as validators exit and defi transactions drop 57% ZachXBT, an analyst and popular figure in the crypto community, highlig...

Market interest in Terra Classic (LUNC) has risen with a spike in volume as $113 million is added to its capitalization in one day. LUNC ranks among the best performers in multiple time frames. Notably, LUNC registers a 24-hour volume of $371.88 million, 53.28% of its $669.85 million market cap. Both cryptocurrency trading metrics highlight the token’s notable daily performance. In particular, considering a previous $296 million volume and $556 million market cap 24 hours ago. Terra Classic (LUNC) volume and market cap. Source: CoinMarketCap Meanwhile, Terra Classic is also featured among the top cryptocurrency gainers, according to CoinMarketCap ’s index. LUNC is ranked first as the top gainer of the day and second as the top gainer of the week. Terra Classic (LUNC) price analysis At the time of publication, LUNC was changing hands by $0.000116, surging 18% in the day and with 59% weekly accumulated gains. The price surge follows the increased interest reflected by t...

Coinbase received a subpoena from the CFTC seeking information about users who had interactions with Bybit. The CFTC has launched an investigation on Bybit in an attempt to prove its connection with U.S. customers. If the court doesn’t reverse the subpoena, Coinbase will submit information about certain accounts. The Commodity Futures Trading Commission (CFTC) has recently launched an investigation against the crypto exchange Bybit. The matter came to light following a subpoena the regulators sent to Coinbase seeking information about Bybit users and transaction details. Coinbase customers who have had interactions with Bybit received an email from Coinbase, as notified by a user on X. According to the email, Coinbase informed its users that the platform may submit information about certain customers’ accounts and their transaction details unless the court reverses the subpoena before November 30. CFTC Subpoena to Coinbase In The Matter Of Bybit Fintech ...

AI-focused crypto projects experienced an outstanding increase in cumulative weekly trading activities. Kaiko data shows that the trading volume was below $1 billion in October but has surpassed $3 billion this month. RNDR, Worldcoin (WLD), and FET led the pack in trading activities. Over the past six weeks, there has been an outstanding increase in the cumulative weekly trading activities of cryptocurrency projects that focus on artificial intelligence. In a recent tweet, Kaiko, a well-known on-chain analytics firm, disclosed that the trading volume of AI-related crypto assets has been on a sustained surge since mid-October. Kaiko noted that the AI-focused projects leading the pack in trading activities were Render (RNDR), Worldcoin (WLD), and Fetch.ai (FET). According to the chart accompanying Kaiko’s tweet, the trading volume of AI tokens was below $1 billion in the initial weeks of October. However, the weekly trading volume experienced a remarkable incre...

Binance ’s chief compliance officer Noah Perlman reportedly has ties to the collapse of FTX , the troubled Winklevoss-owned Gemini , and infamous sex trafficker Jeffrey Epstein. This is according to a report by investigative media outlet Unlimited Hangout. Perlman took up his current role at Binance after his predecessor Samuel Lim left the company last year and is, as detailed by Unlimited Hangout, front and center in Binance’s attempts to successfully negotiate numerous government investigations, including recent settlements with the Department of Justice (DoJ) and Commodity Futures Trading Commission (CFTC), and an ongoing legal tussel with the Securities and Exchange Commission (SEC). These issues have recently seen former Binance chief Changpeng Zhao (CZ) plead guilty in a Seattle court to a number of felony charges, and Lim agree to pay $1.5 million in civil penalties to the CFTC . However, according to Unlimited Hangout, Perlman’s own colorful history bears a closer look, p...

The dYdX community recently supported a motion to advance trading on the dYDX chain (DYDX) from the beta stage to Full Trading.  In particular, the latest development was preceded by a lengthy preparatory phase that previously saw trading advance from the Alpha to the Beta phase, according to information shared with Finbold by the Operation subDAO on November 28.  Following the launch of Full Trading, validators and stakers will continue accumulating rewards. During the Beta phase, the platform recorded approximately $1.86 million in trading volume. The launch is also to be accompanied by a 6-month incentive program designed by Chaos Labs that will enable active traders to receive rewards for performing various activities on the dYdX chain and will distribute a total of $20 million worth of rewards. Cryptocurrency Ethereum would trade at this price if ETH hits its all-time high market cap Cryptocurrency ChatGPT picks 5 cryptocurrenci...

The U.S. Securities and Exchange Commission (SEC) continues its investigation to uncover proof that Binance.US may have had a backdoor mechanism akin to FTX’s, allowing potential control over customer assets. According to a Nov. 27 report, the SEC is intensifying its investigation into Binance.US over concerns of potential mismanagement of customer assets, a situation reminiscent of the recent FTX controversy. Back in June, the SEC initiated legal action against both Binance and its American counterpart, Binance.US. The charges leveled against them included the alleged sale of unregistered securities. The lawsuit also accused Binance and its founder, Changpeng Zhao, of being involved in a sophisticated conspiracy that included fraudulent activities, conflicts of interest, insufficient disclosure, and blatant disregard for legal regulations. Central to the SEC’s allegations is the claim that Binance.US had discretionary control over customer assets, with funds reporte...

Key takeaways BTC’s price has dropped below the $37k level as the bears gain control of the market. The Memeinator presale has officially crossed the $1.5 million milestone. The cryptocurrency market has been bearish since the start of the week, with Bitcoin and other major cryptocurrencies trading in the red zone. However, the  Memeinator presale has just hit a new milestone and is set to go higher.  Bitcoin and altcoins underperform Bitcoin and altcoins have been underperforming over the last few days. BTC has lost more than 1% of its value over the last 24 hours. At press time, the  price of Bitcoin stands at $36,912 per coin.  Leading altcoins including Ether, BNB, Solana, ADA, DOGE, and TRX, have all lost more than 2% of their value over the last 24 hours. What is Memeinator? Memeinator is a Web3 project designed to help content creators generate better content. It intends to change how people view memes. The project ...

The Sandbox, Nuqtah and Sandsoft have partnered to promote Web3 and metaverse adoption in Saudi Arabia and MENA region. Nuqtah will list SAND land and avatars on its NFT marketplace. Web3 adoption in Saudi Arabia is set for a significant boost after metaverse firm The Sandbox and its partner , mobile-first game developer Sandsoft, inked a partner ship with MENA-based Web3 platform Nuqtah. The recently announced partner ship is aimed at supporting the Web3 gaming ecosystem in Saudi Arabia, the companies said.  Specifically, the collaboration will focus on creating gaming and Web3 experiences that align with tastes and preferences of Saudi gamers. “ We’re pursuing our journey of innovation and growth in the Saudi region following our recent partner ship announcement with Sandsoft ,” Sebastien Borget, the COO and co-founder of The Sandbox, said in a statement. “ Together with pioneers such as Nuqtah, we’ll collaborate to at...

The new head of cryptocurrency exchange Binance, Richard Teng, must find a way to ensure that the world’s largest cryptocurrency exchange can remain competitive as it navigates both crippling financial sanctions and US government oversight. According to Fortune, the new Binance CEO says the exchange is at a stage in its development where it is transforming from an unruly tech startup into a traditional financial company, comparing the firm to “a child getting ready to go to preschool.” At the same time, he admitted that Binance made several mistakes at the stage of its rapid development. The exchange became the world’s largest crypto firm within a year of its founding, but it has learned lessons since, he says. You might also like: Binance founder and CEO plead guilty to federal charges | Opinion Teng is also confident that he can take Zhao’s place, noting his ability to steward the beleaguered exchange forward: “I need to stress that I have the confiden...

A total of 50.7 million XRPs was transferred into Bitstamp between November 23 and 26. Bulls were unable to defend the $0.62 support as XRP faced increasing downward pressure. The bearish bias, shown by the Aroon indicator, could push XRP below $0.60. According to Whale Alert, a whale has transferred 25.5 million Ripple (XRP) tokens worth $15.72 million to the Bitstamp exchange. This transfer, which happened in the late hours of November 26, is just one out of the series of XRP transactions involving whales in recent times. 25,500,000 #XRP (15,722,848 USD) transferred from unknown wallet to #Bitstamphttps://t.co/Vs53cVL2JA — Whale Alert (@whale_alert) November 26, 2023 A few days ago, Whale Alert reported a transaction on November 23 that resembled the most recent one. At that time, 25.2 million XRPs also went into the Bitstamp exchange. Typically, when a whale moves a large amount of crypto into an exchange, it usually means the whale is looking...

Shiba Inu is currently trading at the $0.00000820 level and is looking to delete its fifth ‘zero’ in the charts. SHIB is trading at a new monthly low providing opportunity for investors to accumulate the token at cheaper prices. Investors can now get to accumulate 1,000,000 (1 million) SHIB tokens for a mere investment of $8.3. The market downturn is making the dog-themed cryptocurrency drop in price this year. Also Read: Shiba Inu Forecasted To Reach 50 Cents: Here’s When Source: Coingecko In this article, we will highlight a price prediction that forecasts Shiba Inu to rise 500% in the coming years. If accurate, investors could make gains of 500% and enjoy the rewards the cryptocurrency has to offer. Shiba Inu: SHIB Forecasted To Rise 500%: A $1,000 Investment Might Turn $6,000 Source: Watcher Guru Finder’s panel of experts predicts that Shiba Inu could reach $0.00004930 in the next two years in 2025. According to the Finder’s price prediction, SHI...

Optimism’s weekly trading activity surged by a substantial 1687%. The trading volume of Optimism surpassed that of Ethereum, which currently stands at $710.17 million. The recent vulnerability on KyberSwap largely drives the surge in Optmism’s trading volume. According to the latest revelations, the decentralized exchange (DEX) trading activity on Optimism, the layer 2 scaling solution built on Ethereum, has surged to the $300 million range. Colin Wu, the Chinese crypto reporter of Wu Blockchain X page, shared a post highlighting the substantial increase in the trading activity of Optimism DEX. According to DeFiLlama, in the past week, Optimism DEX’s weekly trading volume increased by 1,800% MOM to more than $12 billion, significantly setting a record high, surpassing Ethereum. However, this increase was due to a vulnerability attack on KyberSwap, which was transaction… — Wu Blockchain (@WuBlockchain) November 26, 2023 Data from DefiLlama unfolded ...

Crypto.news spoke with David Shrier, the author of the book ‘Basic Metaverse,’ about the future of the virtual world. The global metaverse market could potentially reach a revenue of $1,237 billion by 2030, as projected by recent reports. However, intricate security and privacy concerns may slow down the market’s growth. Crypto.news discussed these and other concerns with David Shrier, a futurist, author, and entrepreneur, at Websummit in Lisbon. In his book ‘Basic Metaverse: How Virtual Worlds Will Change Our Reality and What You Can Do to Unlock Their Potential’, Shrier delves into the future of this emerging technology and its potential impact on our daily lives. During our conversation, we explored the metaverse challenges, and the possibility of a future where interacting with the virtual world via contact lenses or even brain implants may become a reality sooner than you may think. Crypto.news: Your book, ‘Basic Metaverse,’ was publi...