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news-imageNovember 27, 2024

5 Altcoins to Watch for 500% Profit in December

As Bitcoin price trades above $94,000, several altcoins are poised to deliver massive returns in the near future. With December on the horizon, the following five altcoins to watch —Fantom (FTM), Minotaurus (MTAUR), CHILLGUY, THENA (THE), and XRP—are gaining significant attention due to their strong fundamentals, key partnerships, and market momentum.
Publisher: Coingape
Sentiment: Positive
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Positive
cover-imageCrypto Mufasa
November 27, 2024

Stablecoin Market Sees Unprecedented Surge in November

According to a report released on November 27 by CCData, stablecoin trading volume surged 77.5% this month, reaching $1.81 trillion as of November 25. This figure places November as the most active month for stablecoin trading on centralized exchanges this year.

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Positive
cover-imageCointelegraph
November 27, 2024

Non-USD stablecoins can spur adoption: Report

Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report.

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Positive
cover-imagePYMNTS
November 27, 2024

Stablecoins Hit Record $190 Billion on X-Border Payment Optimism

Stablecoins have achieved a record market value amid optimism about their use in cross-border payments. The market capitalization for the digital, dollar-pegged currencies has jumped 46% this year to a record $190 billion, Bloomberg News reported Wednesday (Nov. 27), citing DeFiLlama data.

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Positive
cover-imageCointribune
November 27, 2024

Is Morocco Preparing To Legalize Crypto? A Historic Turnaround

Morocco, which banned cryptocurrencies in 2017, is preparing to reverse course with a bill aimed at legalizing and regulating all digital assets. This historic decision, announced by the governor of Bank Al-Maghrib, Abdellatif Jouahri, marks a major turning point in the kingdom's policy toward digital currencies.

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Positive
cover-imageCrypto Economy
November 27, 2024

Stablecoin Market Growth Surpasses Terra-Era Peak, Up 46% This Year

TL;DR The stablecoin market capitalization reached $190 billion in 2024, growing 46% and surpassing pre-TerraUSD collapse levels. Tether leads the market with $133 billion in circulation, while expanding USDT usage in traditional sectors like commodities.

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Negative
cover-imageAltcoin Buzz
November 27, 2024

CZ Advocates for Real Blockchain Apps Over Meme coins

Amid the renewed meme coin boom, former Binance CEO and founder Changpeng “CZ” Zhao has dished out stunning criticism for the asset in a new tweet. Zhao described meme coins as growing a “little weird” and urged the blockchain community to focus on building “real applications using blockchain.

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Positive
cover-imageCoingape
November 27, 2024

4 Coins to Buy in Alt Season for Massive Profits

The crypto market is experiencing a robust surge, sparking investor optimism. Amid this bullish momentum, several affordable crypto to buy are potential opportunities for substantial gains.

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Positive
cover-imageCrypto Economy
November 27, 2024

Report Highlights Role of Crypto in Mortgage Growth Among Low-Income Families

TL;DR Cryptocurrency gains are enabling low-income households to access larger mortgages, particularly in areas with high exposure to crypto assets. Between 2020 and 2024, the average mortgage balance in these areas increased from $172,000 to $443,000, accompanied by higher debt levels in loans and credits.

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Positive
cover-imageUToday
November 27, 2024

Fed Hints at Gradual Rate Cuts: Crypto Market Responds

A summary of the Fed's November meeting minutes was published on Tuesday, with Fed officials expressing confidence that inflation is falling and that future interest rate decreases might be gradual.

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Positive
cover-imageCrypto news
November 27, 2024

CZ champions AI tagging integration for crypto chains

In a recent X post, the Changpeng ‘CZ' Zhao shares his thoughts on the use of AI tagging on-chain and why AI integration would be beneficial for crypto moving forward. On Nov.

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Positive
cover-imageCoinpaper
November 27, 2024

Iran Targets Financial Modernization with CBDC Rollout

Iran is gearing up to launch its digital rial CBDC to modernize its financial system and counter international sanctions, leveraging blockchain technology and strategic partnerships.

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Negative
cover-imageCrypto Economy
November 27, 2024

Kraken Ends NFT Marketplace: Massive Shakeup for 2025 Blockchain Launch

TL;DR Kraken is closing its NFT marketplace, transitioning to a withdrawal-only mode from November 27, 2024, until the final shutdown on February 27, 2025. The closure is part of Kraken's strategy to reallocate resources towards new and more promising initiatives, reflecting its commitment to innovation.

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Positive
cover-imageCryptoGlobe
November 27, 2024

CNBC's Jim Cramer Says Crypto Deserves a Place in Your Portfolio

Jim Cramer, the outspoken host of CNBC's “Mad Money,” took time on November 26 to address the public's reaction to his recent comments about cryptocurrencies. Opening with reflections on his recent series about market froth and excess, Cramer reminded viewers of the importance of securing gains in a volatile market.

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Positive
cover-imageCoindesk
November 27, 2024

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

Stablecoin market capitalization rose to $190 billion this month, surpassing the pre-crypto winter peak of April 2022, CCData reported. The crypto rally this year and particularly since the U.S. presidential election fueled demand for stablecoins, which are widely used for trading.

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Positive
cover-imageCryptopolitan
November 27, 2024

US Federal judge shows support for crypto miner in Chinese ownership dispute

Attorneys representing Jones Eagle LLC, the operator of a crypto mining center, filed for a temporary restraining order (TRO) along with a preliminary injunction. US authorities began to listen to the crypto entity even before Trump's January inauguration.

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Neutral
cover-imageCrypto Daily
November 27, 2024

UK Prepares for Comprehensive Cryptocurrency Framework by 2026

The UK's Financial Conduct Authority (FCA) plans to implement comprehensive cryptocurrency regulations by 2026, focusing on transparency, market abuse, and decentralized data disclosure while fostering innovation in the growing digital asset sector.

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Positive
cover-imageCryptoSlate
November 27, 2024

Crypto windfalls boost homeownership dreams for low-income Americans

Low-income households in the United States are turning crypto profits into opportunities for homeownership, as revealed by a Nov. 26 report from the Office of Financial Research (OFR), a US Treasury Department research arm. Samuel Hughes, Francisco Ilabaca, Jacob Lockwood, and Kevin Zhao conducted the study based on tax data.

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