Bitcoin price move toward $100K0 opens doors for SHIB, FIL, MNT, AAVE

December 1, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Bitcoin’s strength has pulled several altcoins higher, with SHIB, FIL, MNT, and AAVE showing promise in the near term.

Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October. As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets Pro…

Is it a good time to buy nonfungible tokens? Expert answers

Ahren Posthumus said that it’s indeed a good time to buy but cautioned investors to double-check projects before putting their money into them. 457 Total views 20 Total shares As the floor prices of popular nonfungible token (NFT) collections took a nosedive along with the broader crypto market, an NFT expert believes that this is…

Kaiko acquires Vinter to secure lead in crypto indexing, analytics

Together the companies control major portions of the US and European crypto index and analytics markets.

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Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.

Buy high, sell high: Custom pipe-maker to Snoop Dogg and Santana tokenizes bongs

“As an artist, we need a certificate of authenticity to connect to the art. NFTs act as a certificate of authenticity and create value and legacy,” said Jerome Baker Designs Founder and President Jason Harris. 860 Total views 45 Total shares Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a…

Starboard Value takes stake in Riot Platforms, eyes AI shift

The activist investor is said to be pushing Riot to optimize the use of its facilities the same way many of its colleagues already have.

MakerDAO voting on $100M loan participation with Florida commercial bank

Florida’s Cogent Bank is proposing a $100 million participation in loans to MakerDAO’s RWA Master Participation Trust. 221 Total views 4 Total shares Own this piece of history Collect this article as an NFTCrypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized…

Pomp’s Morgan Creek Raises $61M for Blockchain Fund, Targets $250M

Morgan Creek Digital has raised over $61 million for a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filing for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly $61 million from 11 investors.The…

Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions

Bitcoin (BTC) lost the $28,000 support on June 12 following worsening macroeconomic conditions. The United States Treasury 2-year note yield closed on June 10 at 3.10%, its highest level since December 2007. This shows that traders are demanding higher rates to hold their debt instruments and expect inflation to remain a persistent challenge.Louis S. Barnes,…

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