Category: Cryptocurrency

Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.

Dogwifhat Jumps After Robinhood Listing: Is $5 Next ?

Summary: Dogwifhat (WIF) surged 7% to 3.65 after being listed on Robinhood but this surge didn’t last as it dropped down to $3.23. Experts however are still hopeful and optimistic and suggest WIF could hit $5 if it sustains momentum. This signals a hope for further growth in meme coins amid Robinhood’s shifting crypto strategy.

Meme Coin Momentum

Dogwifhat is a solana based meme coin which experienced a sudden and significant boost following its integration to Robinhood’s crypto offerings. Being in the listing expanded WIF’s exposure, making it one of only 20 tokens available on the platform. Though nothing is confirmed as just after the initial spike, the price came down to %3.23 and now is on a well-defined consolidation zone which might suggest another significant surge coming in near future.

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Technical Analysis and Price Projections

Analysts note that a daily close above $3.75 could trigger a 25% rally, pushing WIF to $4.70. If positive sentiment continues, $5 could be achievable. For now, the coin’s performance hinges on breaking out of its current range.

Skepticism and Future Listings

While WIF enjoys its moment in the spotlight, critics question its lack of intrinsic value compared to established coins like DOGE. Speculation is growing about Robinhood potentially listing other dog-themed tokens, including BONK, which could further fuel meme coin momentum.


MicroStrategy Acquires 55,500 BTC for $5.4 Billion

Summary: MicroStrategy just bought an outrageous amount of Bitcoin and has positioned itself as the top of the top corporate Bitcoin holder with a historic and monumental purchase of 55,500 BTC for $5.4 billion. This purchase made possible by a mix of debt offerings and equity sales, making this purchase the company’s largest and greatest Bitcoin investment yet.

Record-Breaking Bitcoin Purchase

MicroStrategy bought an astonishing amount of 55,500 BC at an average price of $97,862 per coin in a span of just a week starting from November 18 and November 24. This is by far the largest acquisition of the company making its total holdings to 386,700 BTC. That amount of BTC is valued at over $37 billion.

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Funding Through Capital Initiatives

This purchase was only made possible by significant capital raising efforts as already briefly explained in the summary section above. The efforts include a $3 billion debt offerings and $2.46 billion from equity sales. However this wasn’t done without any plan as MicroStrategy has outlined a $42 billion capital plan over three years to support further Bitcoin acquisitions.

Strategic Performance Metrics

MicroStrategy uses a proprietary “Bitcoin Yield” indicator to measure performance. As of November 24, its year-to-date Bitcoin Yield stands at 59.3%, showcasing strong growth while managing share dilution.

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Rumble to Invest $20M in Bitcoin for Strategic Expansion

Summary: After the recent valuation boom for Bitcoin several companies, industries and platforms have started investing in Bitcoin or use it as a financial reserve. Following this trend a Video-sharing platform widely known as Rumble has announced plans to allocate up to $20 million in Bitcoin as a part of its strategy to make its corporate treasury diverse and open a broader opportunity in crypto.

Rumble Embraces Bitcoin for Growth

The news of Rumble allocating up to $20 million of its reserves to bitcoin was revealed or said out in a blog post on Nov. 25. Chris Pavlovski, CEO of Rumble used Bitcoin’s current boom, it’s resistance nature against inflation including its independence from monetary polices as key reasons while going through with this decision. Rumble plans to position itself on a greater place in crypto space through these type of strategic investment.

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Flexible Investment Strategy

This strategic approach by Rumble is very flexible and came at the company’s discretion. The timing of this allocations strategy seems unclear as BTC has slowly started to slow down compared to past week but the company emphasized its ability to pause or modify the strategy as market condition evolve.

Part of a Broader Trend

Rumble isn’t the only company or enterprise to join allocate BTC in its business or make BTC as their financial reserves but Rumbles joins companies like MicroStrategy, Genius Group and Anixa Biosciences that are adding and integrating Bitcoin into their financial strategies. This recent trend shows the growing interest of institutions which reflects Bitcoin’s potential as a long-term asset and inflation hedge.

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Ex-Girlfriend Tosses $716M Bitcoin Fortune into Landfill

Summary: A hard drive containing 8,000 Bitcoins was accidentally thrown away by James Howells, a Welsh IT specialist, in 2013 after his ex-girlfriend Halfina Eddy-Evans. Bitcoin was worth £500,000 at the time, but it is now worth $716 million.

A Costly Mistake

The mix-up happened during a home cleanup when Howells accidentally told Eddy-Evans to toss a bag containing the hard drive. The bag ended up buried in the Newport Council landfill, a sprawling 110-acre site with over 1.4 million tons of waste.

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Hope and the Legal Battle

To get the council to investigate the landfill, Howells has been begging for years. He has even offered to pay £10 million to utilize robotic diggers and artificial intelligence. Despite pledges to contribute a portion of the Bitcoin that was recovered, the council turned down his pleas, citing legal and environmental issues.

By suing the council for $495 million in October 2024, Howells intensified the situation. Online discussions concerning the possibility of recovering the lost riches have been sparked by the anticipated court decision on December 3, 2024.

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Chill Guy Meme: From Viral Sensation to Controversial Cryptocurrency

Summary: A new meme is taking the online world by storm and has also started hitting marks on crypto market. Obviously, the meme we’re talking about is the “Chill Guy” meme and its memecoin soared by a staggering 7,258% as per the data provided by CoinGecko data.

What is the Chill Guy Meme?

Chill guy is an brown dog dress as a human being in a casual jeans, sneakers and a grey sweater posing itself in a chill persona. This surfaced into internet as a casual lighthearted character but then it got viral on several social media platforms like Instagram and TikTok and this lighthearted wholesome picture became a relatable icon of modern calm.

Chill Guy Enters Crypto and Controversy

As the Chill guy rose on popularity people started making memecoin out of it adn it did gain a lot of momentum and skyrocketed in value but in return faced backlash from Banks. In a X post, the official artist of the meme came forth and said ” I don’t endorse or consent to my art being used for any crypto-related things. Chill Guy is copyrighted, and takedowns will be issued on for-profit activities.”
This does create a tension in the crypto and meme environment after the addition of legal stance.

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Revolutionizing Crypto: KOLZ Brings AI-Powered Influencer Clones to Trading

Summary: KOLZ is flipping the sides of crypto game by using AI to create replicas of top influencers like Ansem and Lucky, giving traders real-time strategies. Furthermore, it’s not just about trading, users can even vibe with these AI personas on everything. With success stories rolling in, KOLZ is ready to drop big at its IDO on November.

KOLZ is really shaking up the crypto trading scene by combining two exciting entities AI and influencer expertise, ultimately offering users real-time access to AI-powered replicas of top crypto influencers like Ansem, Lucky, and Vass. These AI clones aren’t just for show and they do provide tailored strategies and insights, helping traders make smarter, more informed decisions.

The platform is especially designed to feel like you’re talking to a real expert. These AI replicas mimic the trading strategies and personalities of their influencer counterparts, making the experience more authentic and personalized.

Also read: ETH Soars Past $3,500: Is $4,000 the Next Target?

Their unique approach has already led to success stories. One user, RWZ118, reported a $10,000 gain after using Mando’s AI replica to spot a profitable trading opportunity. These real-world results demonstrate how KOLZ’s AI-driven insights can make a real impact on trading outcomes.

Excitement is building around KOLZ’s upcoming Initial DEX Offering (IDO) on November 27, following a successful pre-sale that raised over $200,000. As the platform gains traction, it’s positioning itself as a key resource for both new and experienced traders.

With its blend of AI and influencer-driven strategies, KOLZ is setting a new standard for personalized, real-time trading in the crypto world. This is just the beginning, and KOLZ is ready to lead the way in revolutionizing Web3 trading.

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Vitalik Buterin Warns: Crypto Needs to Evolve to Compete with AI

In short, Vitalik Buterin slammed OpenAI for ditching open-source values, calling it “CloseAI,” and warned that the crypto business must evolve or risk losing talent to AI hype. He urged merging blockchain with decentralized AI to innovate beyond repetitive projects. Despite challenges, he remains hopeful about crypto attracting fresh talent and creating meaningful applications.

Vitalik Buterin, the man behind Ethereum, recently spilled some serious tea about OpenAI and the crypto world during an interview with Tencent News’ “Qianwang.” His main focus was on OpenAI’s recent glow up from an open-source darling to what he ironically quoted “CloseAI,” all for the sake of profits. And, yep, he went there, quoting Benjamin Franklin to hammer his point: “You cannot sacrifice freedom for security. If you do so, you will find that you will lose both security and freedom.” Mic drop.

OpenAI Drama: From Non-Profit to Money Machine

Vitalik didn’t hold back while calling out OpenAI’s leadership shift. Apparently, the CEO Sam Altman took over after some internal drama with the board which led to the turning of once non-profit organization into a for-profit powerhouse. The board? Basically reduced to being cheerleaders in the stands. This evolution, Buterin feels, has made OpenAI less about innovation and safety and more about cashing in.

Crypto’s Glow-Up or Glow-Down?

Switching gears, Buterin threw some shade at the crypto world too. Over the past five years, he feels like crypto’s been stuck in a bit of a rut. The big, world-changing ideas is MIA, he believes. He warned that AI hype could be stealing all the cool, creative people from crypto, leaving behind only stale folks who are just there to recycle old ideas.

But wait, all hope’s not gone. Buterin thinks merging blockchain with decentralized AI or even developing tech that can stand toe-to-toe with AI could be game-changing for crypto. His warning isn’t just about keeping up with the times but its more a call to action for the crypto community to stay bold, creative, and, most importantly, true to its roots.

Read more: Solana (SOL) Surges Past $260 as Binance Coin (BNB) Holds Steady

ETH Soars Past $3,500: Is $4,000 the Next Target?

Ethereum is back on track, breaking $3,500 after months of lagging. Its mainly fueled by alt season hype and Bitcoin’s near $100K surge. Currently trading at $3,490, it’s looking at $4K but it does has resistance around $3,800 to $3,900. With already going massive Bitcoin’s moves and macro trends in play, ETH’s path forward looks promising but volatile.

On the end of November, Ethereum’s token ETH just pulled a major comeback. This sprint comes after long months of feeling left out and is fueled by Bitcoin’s crazy climb toward $100K and the buzz around alt season.

ETH’s Comeback Story

ETH hasn’t seen the $3,500 zone since July, but it’s finally caught up to Bitcoin’s glow-up. Right now, ETH is sitting pretty at $3,490, up a solid 13% in just a week, as per TradingView. Everyone’s now wondering if this momentum will take it to $4K.

This Week’s Price Action

So, what’s next? ETH seems to be chilling in the $3,500 range for now and is likely looking to build up some energy for the next big push. Major crypto Top Gs are eyeing $3,800 to $3,900 as a big challenge. Its kinda like a boss fight on its way to reach the $4K mark. ETH’s gotta bring its A-game to break through.

Here’s the deal, though: Bitcoin’s drama (it’s so close to $100K!) and broader market vibes could mess with ETH’s momentum. Altcoins often ride Bitcoin’s wave, so everyone’s keeping tabs on the bigger picture.

Read more on Ethereum here

The Road to $4K

For ETH to hit $4K, it’ll need some major buying power and a bit of luck from the global economy. Things look good overall, but don’t forget—crypto can be a bit of a rollercoaster. For now, ETH is on the up, but short-term chaos could still shake things up.

The takeaway? ETH is out here making moves, and while the journey might get bumpy, $4K feels closer than ever. Stay tuned!

Read more: Chill Guy Coin (CHILLGUY) Skyrockets 650% to $0.222 in Just 2 Days

WBTC Flash Crashes on Binance Below $6K After Coinbase Delisting

Summary: Just days after Coinbase stated that it was delisting Wrapped Bitcoin (WBTC) owing to liquidity issues, the price of WBTC fell to $5,209 on Binance before rising to $98,000.

Sparks of Uncertainty in a Flash Crash

BitGo’s WBTC saw a precipitous 95% drop on Binance on November 23; in less than an hour, it went from $98,500 to $5,209. The cause is currently unknown, and neither BitGo nor the WBTC team have provided an explanation. This comes after Coinbase said that it would delist WBTC on December 19 due to liquidity issues.

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Growing Competition in Wrapped Bitcoin

Coinbase’s entry into the market with its competitor token, Coinbase Wrapped Bitcoin (cbBTC), intensifies the competition for WBTC. Kraken has also launched its version, kBTC.

The delisting comes amid strained relations between Coinbase and Justin Sun, involved with WBTC via a BitGo joint venture. Sun has criticized Coinbase for failing to provide proof-of-reserves for cbBTC.

WBTC’s Role in DeFi

WBTC, which was introduced in 2019, tokenizes Bitcoin in order to facilitate liquidity in systems that use decentralized finance (DeFi). Its market capitalization is close to $14 billion, and it is correlated 1:1 with Bitcoin.

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Blockchain Association Pushes Trump to Prioritize Crypto

Summary: Crypto community has a lot of hope from president-elect Donald Trump, and they want trump to take 5 out of several key steps in his first 100 days to position U.S. as a leader in the sector of blockchain and many completely believe he’ll go forth with it too as he started his campaign with a promise to make U.S. a pro-crypto nation.

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Five Crypto Priorities for Trump

1. Create a Regulatory Framework
The association calls for clear crypto legislation to balance consumer protection and innovation, with a focus on stablecoins, which offer price stability by being pegged to assets like the U.S. dollar.

2. End Banking Bans for Crypto Firms
Crypto businesses struggle without banking access, affecting payroll and vendor payments. Lifting restrictions would stabilize their operations.

3. Reform the SEC and Repeal SAB 121
The group seeks new SEC leadership to replace what it terms a “hostile” stance and recommends repealing SAB 121, an accounting rule limiting crypto activities.

4. Appoint Pro-Crypto Treasury and IRS Leadership
New leadership could address restrictive tax policies like the Broker Rule, fostering privacy and innovation while discouraging firms from relocating offshore.

5. Establish a Crypto Advisory Council
A public-private council would promote collaboration between regulators, Congress, and the industry to create balanced rules supporting growth and consumer protection.

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