Bitcoin Price Drops to $93k as Long Term Holders Profit
Bitcoin Ton has introduced a new way to bring Bitcoin liquidity to Telegram users through a trustless cross-chain bridge. This innovation is set to make trading and accessing Bitcoin easier and more convenient for Telegram users.
In November 2024, Ethereum saw a dip in crypto losses, hitting the second-lowest level at $71 million. This indicates a positive trend in the Ethereum market and a possible increase in investor confidence.
Ripple’s stablecoin RLUSD is anticipated to launch on December 4th, gaining approval from the New York Department of Financial Services. This development could potentially have a significant impact on the stablecoin market.
An analyst from Bloomberg has predicted that altcoin ETFs could spark a frenzy in the crypto market in 2025. This projection hints at potential growth and excitement in the world of cryptocurrency.
Brazil is considering a ban on stablecoin withdrawals to self-custody wallets, a move that could impact how stablecoins are used and stored in the country.
In the political realm, the Commodity Futures Trading Commission (CFTC) may take the lead in digital asset regulation under the Trump administration. This shift in regulatory authority could influence how digital assets are monitored and managed in the future.
In the decentralized finance (DeFi) sector, Pump Fun’s decision to halt livestreaming has resulted in a 33% decrease in revenue. This shows the importance of consistent engagement and user interaction in the DeFi space.
Changelly is embracing the holiday shopping season by offering crypto deals, aligning with the spirit of Web3 and bringing cryptocurrency into mainstream shopping experiences.
Overall, these developments in the cryptocurrency and blockchain space offer exciting opportunities for growth, regulation, and innovation in the coming months. Stay tuned for more updates on the evolving world of finance and securities exchange.
