News
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JPMorgan’s Alleged Short On Strategy (MSTR): How A 50% Price Jump Could Spell Major Troubles
Strategy, formerly known as MicroStrategy, the largest public holder of Bitcoin (BTC), finds itself at the center of a stormy controversy involving JPMorgan as Bitcoin prices continue to struggle. With signs of a potential bear market emerging, fresh rumors suggest that one of the world’s largest ba...NewsBTC
Tue, Nov 25
ECB President Lagarde warned Europe must rapidly adopt AI or risk falling behind
ECB’s Lagarde warned that Europe must quickly adopt artificial intelligence technology, and added that the EU is now at risk of falling behind. Christine Lagarde, who leads the ECB, made these remarks during a Monday conference in Bratislava, Slovakia. She emphasized that European countries need to move fast to catch up with the United States […]Cryptopolitan
Tue, Nov 25
Meta is discussing a multibillion-dollar deal to use Google’s TPUs in its data centers by 2027
A new report from The Information said Google is in deep talks with Meta Platforms to supply Meta with Google’s custom AI chips, and the news created an immediate reaction across markets as Nvidia traders watched their positions turn red. The report said Meta is preparing to spend billions to use Google’s tensor processing units, […]Cryptopolitan
Tue, Nov 25
Dogecoin (DOGE) Hits Resistance, Recovery Momentum Shows First Signs of Fading
Dogecoin started a recovery wave above the $0.1420 zone against the US Dollar. DOGE is now facing hurdles near $0.1540 and might struggle to continue higher. DOGE price started a decent upward move above $0.140 and $0.1420. The price is trading above the $0.1450 level and the 100-hourly simple movin...NewsBTC
Tue, Nov 25
A lawsuit claims Binance and CZ helped move over $1 billion for Hamas, Hezbollah, and other similar groups
Binance has on Monday been sued by more than 300 victims and families connected to the October 7, 2023 attacks in Israel, directly accusing it, founder Changpeng “CZ” Zhao, and senior executive Guangying Chen of “knowingly facilitating” crypto payments for Hamas, Hezbollah, and other US-designated terrorist organizations. The plaintiffs are using the Justice Against Sponsors […]Cryptopolitan
Tue, Nov 25
Crypto Markets Underestimate A Trump-Style Flood Of Rate Cuts: Expert
Crypto markets are confronting a fast-moving repricing of US monetary policy expectations, and macro trader Alex Krüger argues that even after last week’s sharp dovish turn, futures curves still fail to discount what a Trump-aligned Federal Reserve leadership could look like. Fed Cut Mispricing Sets...NewsBTC
Tue, Nov 25
Bitcoin Mining Back In China Despite Ban: Hash Share Climbs To 14%
Bitcoin mining has seen a resurgence in China despite being banned since 2021, with miners quietly starting operations to use cheap electricity. China Now Accounts For 14% Of The Global Bitcoin Hashrate Back in 2021, China enforced its infamous Bitcoin trading and mining ban, triggering a bearish sl...Bitcoinist
Tue, Nov 25
XRP Price Spikes Over 10% With Traders Rushing Back Into the Rally
XRP price started a steady increase above $2.20. The price is now consolidating gains and might aim for another increase if it stays above the $2.180 level. XRP price started a fresh increase above the $2.120 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There ...NewsBTC
Tue, Nov 25
Bitcoin Creator Somehow Becomes ‘Poor’ By Losing $41 Billion Without Saying A Word
Bitcoin’s drop has knocked a huge chunk off the estimated wealth tied to its mysterious creator. Prices fell more than 30% from an October peak near $126,000 to around $85,500, and that slump has cut the value of the coins believed to belong to Satoshi Nakamoto by roughly $41 billion. Related Readin...NewsBTC
Tue, Nov 25
Senator Lummis Criticizes JPMorgan, Claims Anti-Crypto Policies Propel Industry Offshore
The crypto industry and supporters, including Senator Cynthia Lummis, are expressing strong discontent over JPMorgan’s recent decision to close the account of Strike CEO Jack Mallers. Lummis, a pro-crypto voice in Congress, highlighted this incident as part of a larger issue, referencing Operation C...Bitcoinist
Tue, Nov 25
PRESS DIGEST-British Business - November 25
Nov 25 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Britain's Revolut said it had completed a secondary share sale valuing it at $75 billion, a 66...Reuters
Tue, Nov 25
Ethereum Price Approaches Key $3K Test, Recovery Momentum at Inflection Point
Ethereum price started a recovery wave above $2,850. ETH faces resistance near $3,000 and might start a fresh decline in the near term. Ethereum started a recovery wave above $2,800 and $2,850. The price is trading above $2,850 and the 100-hourly Simple Moving Average. There is a key bearish trend l...NewsBTC
Tue, Nov 25
Cardano Price Forecast: ADA stabilizes near $0.42 as on-chain signals point to further recovery
Cardano (ADA) price steadies around $0.42 at the time of writing on Tuesday after gaining nearly 5% in the previous day. On-chain and derivatives data paint a bullish picture, with large whale orders and buy-side dominance rising alongside positive funding rates.
Fxstreet
Tue, Nov 25
Ripple’s Big Ambition Revealed By CEO: A Future Challenger To JPMorgan?
According to Sal Gilbertie, CEO of Teucrium, Ripple could be closer to the kind of regulated bank that many in finance do not expect. Related Reading: JPMorgan Backlash Explodes: Bitcoin Supporters Push Hard For Boycott He told listeners that a clear US regulatory framework and a formal banking lice...Bitcoinist
Tue, Nov 25
Bitmine Scoops Up Another 28,625 Ethereum ($82.1M) as Market Bleeds – Details
Ethereum is fighting to hold the $2,800 level after a brutal correction that has erased more than 45% of its value since late August. The sharp decline has flipped market sentiment decisively bearish, with many traders fearing that ETH has entered a prolonged downtrend. Bulls are struggling to estab...NewsBTC
Tue, Nov 25
Bitcoin Price Recovery Loses Strength, Traders Watch $90K as Last Line of Defense
Bitcoin price started a recovery wave above $88,000. BTC is now struggling and might face hurdles near the $89,500 zone and $90,000. Bitcoin started a recovery wave and climbed toward $89,000. The price is trading above $86,000 and the 100 hourly Simple moving average. There is a bearish trend line ...NewsBTC
Tue, Nov 25
