Bitcoin Cash price rallied over 10% and broke the $245 resistance. BCH is now facing strong resistance near the $255 zone. Bitcoin cash price started a fresh surge above the $232 resistance. The price is trading above $245 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $225 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could continue to move up if it clears the $255 resistance zone. Bitcoin Cash Price Rallies Above $250 After forming a base above the $220 level, Bitcoin Cash price started a steady increase. It broke the $225 resistance to enter a positive zone, like Bitcoin and Ethereum. There was a break above a key bearish trend line with resistance near $225 on the 4-hour chart of the BCH/USD pair. There was a strong increase above the…> Open article in new tab

Ethereum price jumped above the $2,100 level and cleared $2,200. ETH is gaining pace and might surge further above the $2,220 level. Ethereum is showing a lot of positive signs and recently cleared the $2,200 resistance. The price is trading above $2,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support near $2,190 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its rally if it clears the $2,220 resistance zone. Ethereum Price Jumps 5% Ethereum price remained well-bid after it settled above the $2,000 level. ETH gained bullish momentum and cleared the $2,120 resistance. The bulls even pumped it above the $2,200 level, like Bitcoin above $40,000. A new multi-month high was formed near $2,229 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the…> Open article in new tab

Bitcoin price is up over 5% and it broke the $40,000 resistance. BTC is rising and might soon climb higher toward the $42,000 resistance. Bitcoin broke the $38,500 resistance zone and surged above $40,000. The price is trading above $40,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support near $40,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise toward the $42,000 resistance. Bitcoin Price Clears $40K Bitcoin price remained strong and was able to clear the $38,500 resistance zone. BTC bulls gained strength and they were able to clear the $39,500 resistance zone. Finally, the price surged above the $40,000 resistance zone. It is up over 5% and a new multi-month high is formed near $40,890. The price is now consolidating gains above the 23.6% Fib retracement level of the recent…> Open article in new tab

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The price of Bitcoin hit $40,000 on Sunday for the first time in 18 months, while Ethereum rose past $2,200.> Open article in new tab

The growth of Dogecoin has lagged this year, but the meme coin recently went on a rally in the last week, hitting four-month highs. The question that still has to be answered is whether or not the cryptocurrency can maintain its momentum and continue to rocket forward.  DOGE started as a meme token but has grown to become an outlier among cryptocurrencies in the past few years. Despite posting a double-digit percent rise in price, the crypto saw itself lagging behind during the late October and early November gains when the majority of cryptocurrencies recovered from the long bearish market of the first half of the year.  Related Reading: Top 5 Cryptos Set For A Price Explosion This December – ADA, TIA, RUNE, LUNC, BTC Dogecoin Price Rallies To 4-Month Highs After reaching its monthly low of $0.0565 in October, Doge experienced a gain of 21%, and then it experienced…> Open article in new tab

In the annals of crypto’s tumultuous history, few stories have gripped the market as intensely as the FTX crypto scam, orchestrated by Sam Bankman-Fried. This massive ponzi, characterized by deceit, manipulation, and a staggering breach of trust, has sent shockwaves across the globe, profoundly affecting FTX investors and shaking the very foundations of the crypto market. Understanding The FTX Scam In a time where crypto was gaining momentum, the FTX scam emerged as a sobering reminder of the volatility and vulnerability inherent in the burgeoning crypto sector. The Rise Of FTX: A Crypto Empire’s Beginnings FTX, under the leadership of Sam Bankman-Fried, was not just another player in the crypto space; it was a behemoth that quickly ascended to become the second-largest crypto exchange in the world by trading volume. This meteoric rise was characterized not only by innovative financial products but also by a series of high-profile endorsements and…> Open article in new tab

The next crypto bull run, a highly anticipated event in the financial world, promises significant gains for investors according to many analysts and experts. This guide explores the dynamics of such crypto bull runs, their historical impact, and the potential triggers that could ignite the next bullrun. With a focus on Bitcoin’s influential role and expert insights into the possibilities for 2023 and 2024, we aim to provide a comprehensive understanding of what the future holds for crypto investors. Crypto Bullrun Phenomenon Explained The term ‘crypto bull run’ is more than just a buzzword in the world of digital finance; it’s a phase of significant importance. A crypto bull run occurs when the market experiences a prolonged period of rising cryptocurrency prices, often characterized by high investor confidence and increased buying activity. This phenomenon is not just about the upward trend in prices; it represents a broader shift in market…> Open article in new tab

Few events have garnered as much attention as the ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) – often referred to as “XRP lawsuit”. This legal battle, which has significant implications for the broader crypto market, has seen a series of twists and turns that have kept investors and industry observers on their toes. In this article, we delve into the details of the XRP lawsuit, provide the latest updates, and explore what the future might hold for XRP price. XRP Lawsuit Overview: What Are The SEC’s Claims? In December 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs, the company behind the XRP cryptocurrency, and two of its executives, Brad Garlinghouse and Christian Larsen. The SEC alleged that XRP is an unregistered security and that Ripple Labs illegally raised over $1.3 billion through its sale. The SEC’s position hinges…> Open article in new tab

BRC-20 tokens, commonly known as Ordinals, are experiencing major upward momentum as Bitcoin breaks past the $39,000 level. ORDI, the biggest of the BRC-20 tokens, is pulled up by BTC’s rally. According to CoinGecko, ORDI is up nearly 36% since yesterday, and currently trading at $32.42, it’s new all-time high.  This recent price action places ORDI under the limelight, putting enormous pressure on the bears while giving big gains for the bulls.  Related Reading: Top 5 Cryptos Set For A Price Explosion This December – ADA, TIA, RUNE, LUNC, BTC $39K Barrier Broken: What’s Next?  The market is encountering a slight rally with Bitcoin gaining momentum on the legal side of things. The US Securities and Exchange Commission (SEC) has been eyeing the approval of a spot Bitcoin exchange-traded fund (ETF), giving traditional investors a safer avenue to invest in crypto.  Crypto-related stocks also experienced a big jump in price,…> Open article in new tab

The LINK price seems to be intensifying its bullish momentum again after cooling off over the past few weeks. Despite the recent sluggishness in Chainlink’s price action, the cryptocurrency has maintained most of its profit and managed to stay above the $14 level in the past weeks. Interestingly, the LINK price recently made its way above the $16 mark for the second time in less than a month. But here is the question – what is driving the latest surge? On-Chain Data Reveals Catalyst For Chainlink’s Jump To $16 The latest on-chain revelation from Santiment has offered insight into the catalyst behind LINK’s price jump to $16. According to data from the crypto analytics firm, Chainlink’s richest wallets have made a substantial amount of token purchases in the past few days. In a December 2 post on X, Santiment revealed that LINK whales bought about 3.9 million tokens (worth more…> Open article in new tab

The general crypto market has recorded a slight boost in the last week as market leader Bitcoin surged by 4.44% to trade above the $39,000 price mark. As bullish sentiments continue to rise, popular crypto analyst Austin Arnold has now highlighted four tokens that offer investors a high potential for profitability in the coming weeks. Related Reading: Top 5 Cryptos Set For A Price Explosion This December – ADA, TIA, RUNE, LUNC, BTC Top Crypto Tokens Set For A Massive Price Rally – Austin Arnold Speaking in a recently published video on his YouTube channel Altcoin Daily, Arnold stated that certain tokens are “set to rip through the crypto markets.” The first cryptocurrency he highlights is Injective (INJ), a layer 1 blockchain and decentralized protocol backed by Binance, Pantera, and renowned tech billionaire Mark Cuban. Arnold states that Injective’s potential for a massive price surge is tied to multiple factors, including…> Open article in new tab

A federal judge threatened to sanction the SEC’s lawyers after their “false” arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.> Open article in new tab

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.> Open article in new tab

The suit, filed in the District Court of the Southern District of California, alleges that Ronaldo “promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance.”> Open article in new tab

November brought explosive gains for altcoins as a wide range of smaller cryptocurrencies outperformed bitcoin, prompting call for an altcoin season.> Open article in new tab

Tokens like GFY, TRUCK and GROK tied to Musk’s products and recent statements have popped up on Ethereum and other blockchains.> Open article in new tab

Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).> Open article in new tab

The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine’s former head of the State Special Communications Service, according to local news outlet RBC.> Open article in new tab

The North Korean hacker group stole the funds over the last six years, which was likely used to fund the country’s projects, the report said.> Open article in new tab

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.> Open article in new tab

KuCoin Ventures’ funding will be allocated to five “mini-apps” on TON focusing on payments and gaming.> Open article in new tab

The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.> Open article in new tab

Overall crypto market capitalization is at its highest level since May 2022 with nearly $400 billion added since the start of October.> Open article in new tab

COIN reached its highest level since April 2022, rising to $130.31 on Wednesday.> Open article in new tab

Data shows over $1 billion worth of BTC has been withdrawn from exchanges recently.> Open article in new tab

Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.> Open article in new tab

The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.> Open article in new tab

CoinDesk’s Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.> Open article in new tab

The bill is awaiting presidential approval.> Open article in new tab

The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.> Open article in new tab

Alex Tapscott, author of the recently published book Web3: Charting the Internet’s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today’s Advisors.> Open article in new tab

A memecoin that was minted 15 minutes after Charlie Munger’s death soared by more than 31,000% before losing 98% of its value over the subsequent 24-hours.> Open article in new tab

Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said.> Open article in new tab

MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.> Open article in new tab

Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don’t need to incur the costs of buying and running their own equipment.> Open article in new tab

It’s the first time Talos will be routing trades through a decentralized exchange.> Open article in new tab

AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message – which will prove ownership.> Open article in new tab

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.> Open article in new tab

Blockchain networks are information networks, which can be leveraged to build new types of tools and experiences, Variant’s Alana Levin writes.> Open article in new tab

The introduction of central bank digital currencies could have major implications on the stability, the report said.> Open article in new tab

In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.> Open article in new tab

Polygon quietly gave DraftKings’ validator preferential treatment while telling the public it was an “equal” member of the validator community.> Open article in new tab

ProShares’ BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.> Open article in new tab

BitMEX is internally transferring its bitcoin holdings to a newer wallet type, according to on-chain firm CryptoQuant.> Open article in new tab

Hong Kong was once a hub for ICOs until regulators cracked down. Times have changed.> Open article in new tab

Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether.> Open article in new tab

The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday.> Open article in new tab

Fasset, a digital asset investment platform, has won the licence to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional investors, qualified investors and retail investors.> Open article in new tab

Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India’s trade body and chamber of commerce for the tech industry, T-Hub, a prominent innovation hub, and the Mann Deshi Foundation which supports India’s first rural bank for women.> Open article in new tab

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo’s choice is being closely watched by the blockchain industry.> Open article in new tab

FTX held shares of five Grayscale Trusts totaling $691 million and one Bitwise trust, amounting to $53 million as of Oct. 25, according to an earlier court filing.> Open article in new tab

The changes involve the fee structure, and how assets can be custodies for smoother share creation and redemptions> Open article in new tab

The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and get involved with transactions that don’t involve its citizenry.> Open article in new tab

An in-depth magazine story about the SEC chair reveals the breadth of the man’s ambition and the limitations of his record.> Open article in new tab

Digital-asset markets are heating up, especially for blockchain tokens. In this week’s Protocol issue, we highlight November’s 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months.> Open article in new tab

Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange’s August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February.> Open article in new tab

Native token of the Iota ecosystem [IOTA] jumped 35% Wednesday on news about registering a development foundation in Abu Dhabi.> Open article in new tab

The startup said it created “only non-custodial” mining pool where miners get the new bitcoin block reward for mining directly from the network.> Open article in new tab

Blockchain.com President Lane Kassleman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars.> Open article in new tab