Binance secures 21st global crypto license in Brazil
The approval makes Binance the first crypto exchange to have a broker-dealer license in Brazil.
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BTC price dips 3.5% as ‘overheated’ Bitcoin derivatives spark angst
Bitcoin (BTC) broke below $35,000 after the Nov. 2 Wall Street open as analysis warned of “overheated” derivatives.BTC/USD 1-hour chart. Source: TradingViewBitcoin undoes post-Fed gainsData from Cointelegraph Markets Pro and TradingView tracked a retreating BTC price as it erased ground it reclaimed overnight.The largest cryptocurrency had hit new 18-month highs of $35,968 on Bitstamp before

Is crypto a boys’ club? The future of finance is not gendered
“I am used to being the only woman in the room,” Joni Pirovich told Cointelegraph over the phone. Her tone wasn’t impassioned like she was claiming an injustice. It was matter-of-fact, resigned to the truth of it. Pirovich is a blockchain and digital assets lawyer and has been involved in the crypto industry for years. She’s…

Tom Brady and other celebrities named in class action lawsuit against FTX
Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit. 254 Total views 2 Total shares Former FTX CEO, Sam Bankman-Fried ‘SBF’, as well as a number of celebrities who endorsed FTX, have been named in a class action lawsuit filed on Nov.15 in Miami. Implicated in the class…

Honeywell Creates a Blockchain ‘Search Engine’ for Aircraft Parts Data
Aerospace giant Honeywell will use a blockchain system to streamline the documentation of aircraft parts and services. Honeywell International Inc has created a blockchain-based system to solve the complex documentation and data storage processes of the aerospace industry. The company announced that its blockchain subsidiary GoDirect Trade will integrate the aircraft record generation process into its…

3 reasons Bitcoin abruptly dropped by 7.4% overnight
The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions.There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives market, growing doubt in the market, and the lack of upside volatility.BTC/USD 15-minute…

Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns
Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets. 241 Total views 17 Total shares Average daily transaction fees on Bitcoin (BTC) have flipped with Ethereum following a frenzy of Ordinals-related activity on the Bitcoin network. On Nov. 20, the average daily transaction fee for Bitcoin stood at $10.34, while Ethereum’s

MicroStrategy dismisses market uncertainty, buys another Bitcoin dip
The software company added another $10 million in BTC to its war chest. 3202 Total views 22 Total shares MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty.As announced by CEO Michael Saylor, the company purchased another 205 BTC at an average…

Mexican billionaire says he’s ‘all in’ on Bitcoin with 70% exposure
Mexican entrepreneur Ricardo Salinas, who first bought Bitcoin at $200 around 12 years ago, has increased his Bitcoin exposure from 10% to 70% over the past four and a half years. 409 Total views 1 Total shares Ricardo Salinas, founder and chairman of Mexican conglomerate Grupo Salinas, said 70% of his investment portfolio is now