a prominent YouTuber with over 620,000 followers was recently arrested on charges of orchestrating a large-scale crypto fraud scheme that allegedly defrauded thousands of investors

On Nov 14, 2024, 07:41 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 90,000 USDT benchmark and is now trading at 90,017.382813 USDT, with a narrowed 3.02% increase in 24 hours.

On Nov 14, 2024, 07:37 AM(UTC). According to Binance Market Data, BNB has crossed the 650 USDT benchmark and is now trading at 652.700012 USDT, with a narrowed 8.15% increase in 24 hours.

The emergence of BeamChain is entirely a series of necessary preparations to cater to the plan of the Ethereum roadmap.

According to BlockBeats, Nick Timiraos, a prominent journalist from The Wall Street Journal, recently reported that consumer prices in October showed a slight increase after recording the slowest growth in three and a half years last month. This indicates that inflation continues to decline on an uneven and challenging path. The latest report may not be sufficient to prevent the Federal Reserve from implementing another rate cut in December. However, the combination of robust consumer spending and stable hiring could spark a more significant debate among officials at their next meeting about whether to slow the pace of rate cuts early next year. If Federal Reserve officials proceed with a rate cut in December, the focus may shift to the reasons that could prompt them to slow down the rate cuts next year. Several officials expressed on Wednesday their desire to avoid lowering rates too much to prevent the need for a policy reversal. This ongoing discussion highlights the complexities the Federal Reserve faces in balancing economic growth with inflation control, as they navigate the current economic landscape.

According to PANews, a substantial volume of Bitcoin (BTC) and Ethereum (ETH) options is scheduled to expire tomorrow, with a combined nominal value of approximately $3.96 billion. The BTC options alone account for a nominal value of $3.39 billion. The put-call ratio for these BTC options stands at 0.83, with the maximum pain point identified at $79,000. Meanwhile, the ETH options set to expire have a nominal value of $572 million. The put-call ratio for these ETH options is 0.93, with the maximum pain point at $3,000. These figures highlight the significant financial stakes involved in the upcoming expiration of these cryptocurrency options, which could potentially influence market movements.

On Nov 14, 2024, 07:33 AM(UTC). According to Binance Market Data, BNB has crossed the 640 USDT benchmark and is now trading at 641.059998 USDT, with a narrowed 6.31% increase in 24 hours.

According to the official announcement, Binance will launch the 61st project Usual (USUAL) on Launchpool at 18:00 (UTC+8) on November 19, 2024, and start pre-market trading. Users can lock BNB and FDUSD to participate in mining. The mining period is from 00:00 on November 15, 2024 to 8:59 on November 19, 2024 (UTC+8). The end time of pre-market trading and the time of spot listing will be announced separately. (This newsletter is generated by AI)

Web3 accelerator program Outlier Ventures announced a strategic partnership with Singularity Finance for its RWA Base Camp accelerator, which will mentor and support startups in building infrastructure, applications, and products aimed at bringing tokenized RWAs into the mainstream and promoting innovation.

Bitcoin (BTC) has recently surged past the $90,000 mark, reaching a new high above $93,000, sparking optimism among traders. The post Traders Bet Big on Bitcoin Reaching $100,000 appeared first on Cryptodnes. source: https://cryptodnes.bg/en/traders-bet-big-on-bitcoin-reaching-100000/

Bitcoin mining companies Bitfarms, Hut 8 and HIVE Digital announced their third-quarter earnings for 2024. The three companies hold a total of 12,898 BTC reserves. Specifically: Hut 8 (HUT) had revenue of $43.7 million, about $5.5 million higher than expected and almost double the same period last year, and adjusted EBITDA of $5.6 million. According to MarketWatch, its GAAP earnings were $0.01 per share, far higher than the expected loss of $0.29 per share. Hut 8 said that the energy cost per megawatt-hour was $28.83, down 33% from $42.73 in the same period last year. As of September 30, the company held 9,106 Bitcoin reserves, with a market value of $576.5 million and total cash of $72.9 million. HIVE Digital Technologies (HIVE) reported quarterly adjusted EBITDA of $5.6 million and a net loss from continuing operations of $7.7 million after taxes, or $0.06 per share. The company reported total revenue of $22.6 million, below the consensus estimate of $25.6 million. Pre-tax net loss was $7.3 million, an improvement from a loss of $22.9 million in the same period last year. Hut 8 shares were up 8% at press time. Year to date, its shares are up more than 105%. The company has a market cap of $2.5 billion. HIVE mined 340 bitcoins in the quarter and holds 2,604 bitcoins. Its total digital currency assets were valued at $165.2 million at the end of the quarter, based on a bitcoin price of $63,300. HIVE shares fell about 2% in early trading Wednesday, but are up 16% year to date. The company has a market cap of $650 million. Bitfarms (BITF) reported third-quarter revenue of $45 million, up 8% from the previous quarter but slightly below analyst expectations. Its net loss was $37 million, or $(0.08) per basic and diluted share, including a $6 million non-cash benefit from the revaluation of warrant liabilities related to 2023 financing activities. Adjusted EBITDA was $6 million, or 14% of revenue, down from $12 million in the second quarter. Bitfarms had total liquidity of $146 million, including $73 million in cash and 1,147 bitcoins, valued at $73 million (based on a BTC price of $63,300 on September 30). As of October 31, the company held 1,188 bitcoins. Bitfarms shares fell 5.5% on Wednesday and are down more than 10% so far this year. As of November 13, its market value is $1.1 billion. (The Block)

The post Altcoin Season Set to Begin in 20 Days Here’s Top 3 Altcoin To Watch Out  appeared first on Coinpedia Fintech News Since Donald Trump’s win in the U.S. presidential race, the cryptocurrency market has been booming. It surged 30%, with the global market cap reaching a record $3 trillion, while Bitcoin reached a record-breaking $93k. But this rally brings up an important question, could... source: https://coinpedia.org/news/altcoin-season-set-to-begin-in-20-days-heres-top-3-altcoin-to-watch-out/

Ai Palette, a Singapore-based startup, uses AI to analyze billions of data points, providing brands with real-time insights to predict trends and create successful products. Major companies like Diageo, Nestlé, and PepsiCo are adopting its platform to stay ahead of evolving consumer tastes and market demands.

A 32-year-old woman has been charged with the murder of Kevin Mirshahi, though any link to his crypto work remains unconfirmed. Presumed dead since August, Mirshahi was recently found and identified by police. He was one of four people kidnapped in June, with only him remaining missing until now.

Xiao Feng, chairman and CEO of HashKey, said that a variety of factors may force mainland China to open up the digital asset market in about two years.

Revolut X is expanding across 30 European markets, offering advanced crypto trading tools and enhanced security. The platform caters to serious traders with access to over 200 cryptocurrencies and low fees, while Revolut also develops a stablecoin for faster cross-border payments.

US prosecutors are now asking the courts for permission to recoup the crypto allegedly linked to the bribes paid to Chinese officials by FTX co-founder Sam Bankman-Fried.

CryptoGPT is not only a cryptocurrency AI investment tool, but also a comprehensive growth booster for investors.

At the Open Ant global launch ceremony held in Bangkok, Thailand, industry elites, community representatives, technology developers and technology enthusiasts from all over the world gathered together to witness this grand event in the field of open source innovation.

The Free Republic of Liberland has launched its space programme, aiming to lead in technological innovation and global collaboration through an open platform for nations and private entities, free from bureaucratic constraints.