Financial services firm Charles Schwab is reportedly waiting for favorable conditions to offer cryptocurrency trading to its clients. Charles Schwab’s incoming chief executive Rick Wurster says the Texas-based firm is eyeing to provide spot cryptocurrency trading services once regulations in the US become supportive of digital assets, reports Bloomberg.  Says Wurster in a Bloomberg Radio... source: https://dailyhodl.com/2024/11/24/charles-schwab-looking-at-spot-crypto-trading-following-regulation-shift-report/

null source: https://x.com/BTC_Archive/status/1860771714226876851

A well-known crypto analyst who accurately predicted the market collapse of 2022 is now cautioning that Bitcoin (CRYPTO: BTC) may be source: https://www.benzinga.com/markets/cryptocurrency/24/11/42154900/crypto-expert-who-called-2022-market-crash-warns-about-bitcoin?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

According to U.Today, Stellar (XLM) has recently overtaken Shiba Inu (SHIB) in terms of market capitalization, following a substantial rally. CoinGecko data reveals that XLM's market cap has surged to $17.3 billion, marking a 190% increase over the past week and a 600% rise over the last three weeks. In contrast, SHIB's market cap stands at $15.7 billion, with a comparatively modest 9% price increase. XLM is now on the verge of breaking into the top 10 cryptocurrencies by market capitalization, a notable milestone for the altcoin that often remains under the radar. Stellar's native token, XLM, was co-created by Ripple co-founder Jed McCaleb and is known for its tendency to trade in tandem with XRP, the token associated with Ripple. Earlier this week, XRP experienced a significant rally, reaching a multi-year high of $1.6, following the announcement of SEC Chair Gary Gensler's upcoming resignation. Ripple CTO David Schwartz has previously commented on the price correlation between XLM and XRP, expressing uncertainty about the underlying causes. Schwartz suggested that external factors outside their ecosystems might be influencing both tokens' prices. He dismissed the idea of manipulation or any malicious force driving the correlation, attributing it instead to their shared history and the perception of market participants.

According to U.Today, Bitcoin's open interest has reached an unprecedented $70 billion, marking a new peak in derivatives activity. This surge in open interest suggests heightened market activity, with traders preparing for significant price movements. The increase in open interest is reflected in Bitcoin's rise to $98,000, as futures traders place bets on both upward and downward price trends. This level of open interest typically indicates increased speculative activity, which could lead to greater volatility, although it may also signal confidence in Bitcoin's momentum. Bitcoin has broken out of its previous downward channel and continues to move upward, facing resistance at the $100,000 psychological level. Currently trading near $98,000, a breakthrough above this milestone could pave the way for a short-term test of $105,000 or even $110,000 if Bitcoin maintains its bullish trend. However, the surge in open interest comes with potential drawbacks. While higher open interest suggests increased trading volume and liquidity, which are crucial for sustaining price movements, excessive leveraged positions could lead to abrupt corrections due to cascading liquidations. This pattern has been observed in past rallies, where an overheated derivatives market was followed by sudden price drops. The support levels at $85,000 and $72,000 are important to monitor, as they align with moving averages and previous consolidation zones. These levels could provide a safety net in the event of a market correction. As Bitcoin continues its upward trajectory, traders and investors are closely watching these key levels to gauge the potential for further price movements.

According to U.Today, Cardano (ADA), the ninth largest cryptocurrency by market capitalization, experienced a significant surge in November, with its value increasing by 211% over the past 30 days, as per CoinGecko data. This rise saw Cardano's market cap triple, surpassing the $1.00 mark for the first time since April 2022. The cryptocurrency began its upward trajectory on November 5, reaching $1 on November 22, a milestone it had not achieved in years. The peak was observed at $1.15 during Saturday's trading session, where resistance was encountered. The recent price increase of Cardano may be attributed to several factors, including heightened whale activity and a positive market sentiment. Crypto analyst Ali Martinez highlighted in a November 22 tweet that the volume of large Cardano transactions on the network exceeded $22 billion per day, indicating significant whale and institutional involvement. These large transactions are linked to high accumulation levels, with whales holding between $1 million and over $10 million in ADA increasing their positions by more than 100% in the past month. In the last 24 hours, Cardano's large transaction volume rose by 17.67% to $45.41 billion, or 41.83 billion ADA. The broader cryptocurrency market also experienced a bull run, with Bitcoin nearing the $100,000 mark, which positively influenced altcoins like Cardano, contributing to its surge. However, at the time of writing, ADA was trading down 11.26% in the last 24 hours to $0.978, as the crypto market faced a downturn due to profit-taking. Despite this decline, ADA remains 36% higher on a weekly basis. If ADA maintains its price above $0.80, it could indicate that bulls have established this level as support, potentially leading to a rebound above $1 and possibly reaching $1.25. Conversely, if ADA's price falls below $0.80, it could trigger a further decline to $0.63. Cardano's crossing of the $1 market value on Friday marked the first time in over two and a half years. On this date, Santiment reported that trader realized gains were at their highest in eight months, with over $165 million in realized ADA profits, the largest since March 19, 2024. Additionally, social media discussions about ADA have surged since December 8, 2023. Profit-taking by traders may have contributed to the recent price drop, but the overall outlook for ADA remains optimistic if key support levels hold.

Ripple’s XRP ($XRP) skyrocketed after Gary Gensler announced plans to resign as SEC Chief. While XRP price prediction for the mid and long-term looks bullish, there was a correction in the works at the time of writing. Within 24 hours of the abovementioned incident, it rose around 12%. The following day, it rose another 18%, […] The post XRP Price Prediction Indicates $1.2 -$1.4 Range Post... source: https://www.thecoinrepublic.com/2024/11/24/xrp-price-prediction-indicates-1-2-1-4-range-post-gensler-resignation/

Notcoin (NOT) has recently been in an impressive price form rising by 19.71% in the past day to reach a local peak of $0.0085. While the momentum on the Telegram-based cryptocurrency has cooled in the last few hours, popular crypto analyst Ali Martinez anticipates further price gains as shown by a recent bullish prediction. Related Reading: Notcoin Set For More Gains Following 13% Price Rally... source: https://www.newsbtc.com/altcoin/notcoin-not-gears-up-for-major-rally-is-0-12-still-within-reach/

إيثريوم (ETH) يواجه حاليًا ضغطًا هبوطيًا كبيرًا، حيث انخفض سعره بنسبة 3% خلال الـ 24 ساعة الماضية. يمكن أن يدفع هذا الاتجاه الهبوطي سعر ETH إلى ما دون مستوى السعر الحرج $3,000. تتناول هذه التحليل العوامل التي تساهم في هذا الاحتمال. عودة بائعي الإيثريوم للظهور كشف تقييم لرسم ETH/USD البياني ليوم واحد أن مؤشر تقارب وتباعد المتوسط المتحرك (MACD) للعملة يشكل تقاطع الموت المحتمل. في وقت كتابة هذا... source: https://ar.beincrypto.com/ethereum-price-risks-falling/

Ethereum (ETH) is currently facing significant downward pressure, with its price declining by 3% over the past 24 hours. This bearish trend could push ETH’s price below the critical $3,000 price level. This analysis examines the factors contributing to this likelihood. Ethereum Sellers Re-Emerge An assessment of the ETH/USD one-day chart has revealed that the coin’s moving average convergence... source: https://beincrypto.com/ethereum-price-risks-falling/

Over the past two weeks, I couldn’t help but notice that a ton of proxy announcements weren’t even related to the Truth Terminal / Zerebro meta.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.

Web3 technology, as one of the latest frontiers in the digital age, is reshaping multiple fields such as finance, social, and business at an unprecedented speed.

This week, 20 blockchain startups raised a total of $1.1 billion. Five projects received seed and pre-seed rounds, and 14 projects received other rounds of financing. MARA raised $1 billion in the Pre-seed round of financing, the largest financing this week.

Following Uniswap, another established industry infrastructure application ENS (Ethereum Name Service) will also release its own Layer2—Namechain.

The court ruled that Lido DAO should be treated as a general partnership. This ruling not only negates Lido DAO’s claim that its decentralized structure avoids legal liability, but also has far-reaching implications for the compliance roadmap of the entire Web3 industry.

The first place is undoubtedly Satoshi Nakamoto, who holds more than 1.1 million bitcoins.

The Base chain is relatively short of funds compared to SOL, but it has the support of Coinbase and social infrastructure, which lays the foundation for the development of Ai meme and may produce some interesting things.

Prices of assets such as cryptocurrencies, stocks and gold continued to rise on Friday as investors' confidence soared due to expectations of favorable policies following Trump's inauguration.

This article will take stock of the cryptocurrency holdings and policy positions of eight members of Trump’s new administration, from Vice President JD Vance to Secretary of Health and Human Services Robert F. Kennedy Jr.