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news-imageNovember 26, 2024

76% Of Crypto Influencers On X Guilty Of Promoting Memecoins Gone Bust

A recent report showed the troubling reality of the relationship between memecoins and social media influencers on X (formerly Twitter), revealing a high failure rate. The study conducted by Coinwire found that two-thirds of cryptocurrency influencers on X have promoted memecoins that are now worthless.
Publisher: Bitcoinist
Sentiment: Negative
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cover-imageCrypto Economy
November 26, 2024

Pump.fun Suspends Livestreams Following Controversy Over Explicit Content

TL;DR Pump.fun has suspended its livestream feature following backlash over explicit and harmful content, including threats of violence and self-harm. The suspension aims to address the platform's lack of effective content moderation and develop stronger safeguards to prevent similar incidents in the future. Despite the controversy, Pump.fun has achieved its highest-ever daily revenue of $14.

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cover-imageCrypto news
November 26, 2024

Russia's central banker behind CBDC steps down

The key figure behind Russia's central bank digital currency initiative has resigned from the central bank, ending her leadership role in the country's digital currency initiative.

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Negative
cover-imageCrypto news
November 26, 2024

How Trump's proposed tariffs could affect crypto

Donald Trump wants to impose tariffs of 25% on all trade products coming from Canada and Mexico as well as an additional 10% on Chinese goods. How will Trump's tariffs affect the crypto market?

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Positive
cover-imageAltcoin Buzz
November 26, 2024

Phantom Wallet Now Supports Base Blockchain

Now, Phantom is compatible with the Base blockchain. This launch will make it easier than ever to do things like swap tokens, buy crypto, and explore your favorite apps.

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Positive
cover-imageBitcoinist
November 26, 2024

Top 5 Crypto Projects to Watch in the Upcoming Bull Run

The next bull run is supposed to be accompanied by a great number of new opportunities for those who are well-informed and smartly placed. Here are several noteworthy projects emerging from this dynamic space that marry cutting-edge technology with ‘'tangible use cases.

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Negative
cover-imageCoingape
November 26, 2024

Why Binance's Changpeng ‘CZ' Zhao Calls Meme Coins Weird?

Binance founder Changpeng ‘CZ' Zhao criticized/slammed the current meme coins ecosystem on Tuesday, calling it “weird.” Instead, he recommends building real-world applications using blockchain technology.

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Positive
cover-imageCoingape
November 26, 2024

Crypto Black Friday: Top Black Friday Deals in Crypto For 2024

Everyone loves a good discount and black Friday deals offer some of the best discounts. With the year ending and many merchants and service providers closing in on what has been an eventful year, several enticing Black Friday deals offers are already available, and many more are expected to go up in the coming weeks.

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Positive
cover-imageBlockchain News
November 26, 2024

Canaan Inc. Secures $30 Million in Series A-1 Financing

Canaan Inc. successfully concludes its Series A-1 preferred shares financing, raising $30 million. The deal involves issuing 30,000 convertible preferred shares to an institutional investor.

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Negative
cover-imageBitcoin
November 26, 2024

US Imposes Import Restrictions on Bitmain ASICs: Report

The U.S. Customs and Border Protection Agency has halted imports of certain Antminer ASICs produced by Bitmain. Bitmain Rivals Spared The U.S. Customs and Border Protection Agency (CBP) has reportedly been blocking imports of Bitmain made Antminer ASICs.

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Positive
cover-imageCoingape
November 26, 2024

How Donald Trump's Crypto Portfolio Grew 3x Since August?

President-elect Donald Trump has become a crypto industry sensation with a 180-degree shift in his perspective around cryptocurrencies. More importantly, this was one of the winning factors in the US presidential election, as his promises of crypto regulations, firing the SEC Chair Gary Gensler, and much more brought investors' trust in him.

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cover-imageCoingape
November 26, 2024

Breaking: Binance Announces Official Launch of BFUSD

The world's largest crypto exchange Binance on Tuesday announced the official launch of its reward-bearing asset BFUSD. The exchange clears that the crypto asset will provide users returns on qualifying balances in their futures account, with yield as high as 19.55%.

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Positive
cover-imageInvezz
November 26, 2024

Trust Wallet integrates Binance Connect to enhance fiat-to-crypto transfers

Self-custody wallet Trust Wallet confirmed its integration with Binance Connect to simplify access to the crypto market and improve user experience. According to the press release, This integration offers a seamless experience with direct access to peer-to-peer (P2P) services and robust fiat-to-crypto solutions, all within Trust Wallet's efficient environment.

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Negative
cover-imageInvezz
November 26, 2024

Why meme coins promoted on X are a bad bet for crypto investors

The surge in popularity of meme coins, driven by endorsements from influential X personalities, has enticed countless investors with the promise of high returns. New research by CoinWire reveals the bleak truth: the majority of meme coins promoted by influencers are now worthless, leaving most investors facing significant losses.

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Positive
cover-imageCoinPedia
November 26, 2024

Hashdex Pushing for a Crypto ETF: A Step Forward

Crypto ETFs have been a hot topic for years, with some already available, but the question remains: will the SEC approve Hashdex's crypto ETF, and what sets it apart from the rest? On November 25, 2024, Hashdex, the asset management firm, took another step forward by submitting its second amended S-1 filing for a cryptocurrency-focused

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Positive
cover-imageNewsBTC
November 26, 2024

Inside Trump's Crypto Holdings: $6.9M Portfolio, With One Altcoin Ready For A Major Rally

Recent data from market intelligence firm Arkham Intel reveals that President-elect Donald Trump's crypto portfolio has seen significant gains, coinciding with a robust uptrend in crypto prices following his election victory on November 5. Despite Bitcoin (BTC) being at the center of Trump's presidential campaign, one notable asset among his holdings is Ethereum (ETH), of which he owns nearly 496 coins.

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Negative
cover-imageCryptonews
November 26, 2024

‘China's Digital Yuan Has Failed, and Has Weakened Xi' – Report

A media outlet has claimed that China's digital yuan project has “failed,” calling this “a sign” of President Xi Jingping's “weakening power.” The post ‘China's Digital Yuan Has Failed, and Has Weakened Xi' – Report appeared first on Cryptonews.

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