Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term. Solana’s native token, SOL , has surged 8% since falling to $222 on Nov. 26. Despite this recovery, some investors remain skeptical, citing the sharp correction from its all-time high of $263.80 on Nov.…
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An investigation by ZachXBT has linked addresses associated with a former professional Fortnite player and cybersecurity analyst with several high-profile account takeovers. Blockchain sleuth ZachXBT alleges a former professional Fortnite player from Australia and blockchain security analyst has been involved in memecoin scams that have resulted in an estimated $3.5 million stolen. In a Nov.…
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Bitcoin is attempting a soft recovery today, but failure to flip $95,000 back to support could lead to a classic Thanksgiving price dump. Bitcoin’s price dropped below $95,000 on Nov. 25, breaking below an ascending broadening wedge pattern. While the crypto asset has found support from the 100-day EMA level, combined overhead resistance from the 50-day…
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A group of artists and early testers leaked access to OpenAI’s unreleased Sora tool, claiming to have been exploited in its research and development phase. A group of aggrieved artists and early testers of OpenAI’s unreleased text-to-video tool Sora leaked access to the new model in an act of protest after they claimed to have…
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Donald Trump’s team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC. Donald Trump’s incoming administration reportedly wants the Commodity Futures Trading Commission to oversee the crypto industry — a move that could drastically roll back some of the regulatory power from the Securities and Exchange…
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An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree. Bitcoin could retrace toward $70,000 if it continues its long-standing correlation with the global money supply in cash and bank deposits, according to an analyst. “So far, this correlation is shockingly accurate,” Theya Bitcoin head…
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The infamous 10,000 BTC mistake is often used by Bitcoin maximalists to extoll the virtues of ‘hodling’ the supply-capped asset. The two Papa John’s pizzas ordered by programmer Laszlo Hanyecz in 2010 for 10,000 Bitcoin. have become infamous in the crypto world. At current market prices, those two pizzas cost Laszlo more than $978 million. In…
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Mythical’s CEO John Linden anticipates that FIFA Rivals could attract over 100 million gamers into the Web3 space. Federation Internationale de Football Association (FIFA) and blockchain gaming studio Mythical Games have teamed up to launch FIFA Rivals — a free-to-play soccer game on Apple’s iOS and Android. Scheduled to be released in the summer of…
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The report comes five days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce. Financial services firm Cantor Fitzgerald reportedly agreed to a 5% stake in stablecoin issuer Tether in the past year, which could position the company to receive more political support from the incoming Trump administration. The…
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A16z Crypto’s Miles Jennings posted on X that the ruling is a “huge blow” to decentralized governance. A United States federal judge ruled that participants in decentralized autonomous organizations (DAOs) can be held liable for the actions of other members under state partnership laws. On Nov. 18, Judge Vince Chhabria of the United States District…
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