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Bitcoin's Correlation with Gold Hits 11-Month Low

Bitcoin’s Correlation with Gold Hits 11-Month Low

The correlation between the leading cryptocurrency and gold has dropped to an 11-month low of -0.36, as noted by K33 Research, reports The Block. 30-day correlation of Bitcoin with gold. Data: The Block. The divergence emerged following Donald Trump’s victory in the presidential elections. Since then, Bitcoin has risen by 20% to new ATH, while […]

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Ukrainian MP: 42% of New Cryptocurrency Law Agreed Upon

Ukrainian MP: 42% of New Cryptocurrency Law Agreed Upon

The Ukrainian law “On Virtual Assets,” with new amendments addressing the requirements of the FATF and MiCA, is undergoing coordination with the participation of the Ministry of Digital Transformation, the NBU, and the NSSMC. This was reported by Member of Parliament Yaroslav Zheleznyak on his Telegram channel. According to him, the working group has so […]

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PEPE Meme Token Reaches $9.9 Billion Market Capitalization

PEPE Meme Token Reaches $9.9 Billion Market Capitalization

The price of the PEPE token, dedicated to the Pepe the Frog meme, surged by 80% in a single day, setting a new record at $0.000025. The asset’s peak market capitalization reached $9.9 billion.

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Phantom Wallet Update Causes Token Access Issues for Some Users

Phantom Wallet Update Causes Token Access Issues for Some Users

A recent update to the non-custodial Phantom wallet for Solana resulted in app resets on iOS devices. Developers have cautioned that they cannot assist in recovering funds for those who have not backed up their seed phrases. We’re aware that a small number of iOS users are experiencing app resets. If you happen to be […]

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FBI Searches Polymarket CEO's Apartment, Seizes Phone

FBI Searches Polymarket CEO’s Apartment, Seizes Phone

On the morning of November 13, agents from the FBI conducted a search of Polymarket CEO Shayne Coplan’s apartment in Manhattan, USA. Authorities seized a phone and other electronics, according to a New York Post report citing a source. The head of the betting platform has not been arrested or charged, the publication noted. It’s […]

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PNUT Meme Token Quadruples in Value Overnight

PNUT Meme Token Quadruples in Value Overnight

The meme token Peanut the Squirrel (PNUT) surged from $0.41 to $1.7 in less than a day. The coin’s market capitalization peaked at $1.73 billion. Hourly chart of PNUT/USDT on Binance. Data: TradingView. At the time of writing, the meme token is trading around $1.69 and ranks 68th among crypto assets on CoinGecko. Peanut the […]

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Vitalik Buterin on Ethereum's Future: Decentralisation, Anti-Censorship, Solo Staking, and L2

Vitalik Buterin on Ethereum’s Future: Decentralisation, Anti-Censorship, Solo Staking, and L2

Ethereum co-founder Vitalik Buterin spoke at the Devcon 2024 conference in Bangkok, Thailand, where he discussed the development and prospects of the world’s second-largest cryptocurrency by market capitalisation. Buterin began his speech by noting the regular development of Ethereum since 2015. He pointed out that if one were to return to 2015, the community would […]

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Body of Missing Crypto Influencer Found in Montreal Park

Body of Missing Crypto Influencer Found in Montreal Park

Police in the Canadian province of Quebec have confirmed that the body discovered on October 30 in a Montreal nature park belongs to cryptocurrency influencer Kevin Mirshahi. This was reported by local media. According to case materials, the 25-year-old blogger and three of his neighbors were abducted on June 21 from a luxury condominium on […]

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Bitwise CIO Predicts Bitcoin's Maturity at $500,000

Bitwise CIO Predicts Bitcoin’s Maturity at $500,000

A price of $500,000 will signify Bitcoin’s transition into maturity; until then, the leading cryptocurrency remains in its “early stage.” These insights were shared by Bitwise CIO Matt Hougan. “In my view, $500,000 per coin is the right boundary between the early and late stage for a very simple reason: it is the point at […]

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Joe Lubin Sees Trump's Victory as a Boon for Ethereum

Joe Lubin Sees Trump’s Victory as a Boon for Ethereum

Ethereum could benefit more from Donald Trump’s victory in the US presidential election than any other protocol, according to Joseph Lubin, founder and CEO of ConsenSys, in an interview with Cointelegraph. The executive attributed his view to the anticipated change in leadership at the SEC, whose current policies have “hindered” Ethereum’s development. “America has kept […]

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Bitcoin's Path to $100,000: Expert Predictions

Bitcoin’s Path to $100,000: Expert Predictions

Since the beginning of the month, the leading cryptocurrency has shown a rapid ascent, nearing the $90,000 mark on November 12. Are there enough market incentives for Bitcoin to reach the psychological threshold of $100,000 in the coming days, and what obstacles might it face? ForkLog sought insights from experts. What Are the Conditions? Trader […]

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US Inflation Meets Expectations as Bitcoin Surpasses $93,000

US Inflation Meets Expectations as Bitcoin Surpasses $93,000

In October, annual inflation in the United States reached 2.6%, up from 2.4% the previous month. This figure aligned with market expectations of 2.6%. 13 November 2024 | 17:43Update: Following the release of US inflation data, Bitcoin briefly hit $91,000, setting a new all-time high. 5-minute BTC/USDT chart on Binance. Data: TradingView. 13 November 2024 […]

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