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The US Government transferred $33.6M in seized crypto from FTX wallets to undisclosed addresses. Assets include 5,024 ETH and $13.58M in BUSD. These moves raise speculation about transparency and management strategies for seized digital assets amid increasing scrutiny of FTX's collapse. The post U.S. Government Transfers $33.6 Million in Seized FTX Crypto to Strange Addresses appeared first on Cryptonews.

Benchmark cryptocurrency bitcoin (BTC) remains stuck in a sideways trading pattern as the glow of its post-election all-time high continues to dim. Bitcoin nearly shot above the $100,000 price point for the first time ever in the week following Donald Trump's successful election campaign.

Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant price increase of 7% within the last 24 hours. Within this time frame, the volume of large transactions, which refers to those greater than $100,000, came in 10.43 trillion SHIB tokens, or $299.13 million, according to IntoTheBlock data.

XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively.

Hyperliquid (CRYPTO: HYPE) is soaring on bullish sentiment on Wednesday, gaining 274% in just a week, as traders and developers praise its innovative model and transformative community impact. In the last week of November, a crypto trader earned $800,000 worth of Hype via an airdrop, highlighting the potential rewards for early platform adopters.

ApeCoin price rose for eight consecutive days, reaching a high of $2.166, its highest level since March 2024.

As noted by James Check, the lead analyst for Glassnode, business intelligence firm MicroStrategy has a cost basis that is identical to that of your average Bitcoin buyer.

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Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024.

MetaMask and Linea introduce a #CryptoHolidayChallenge, offering users in Europe, the UK, and Switzerland a chance to win USDC rewards by showcasing their MetaMask Card usage this holiday season.

Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened.

Solana (SOL) price is currently 12% below its all-time high, which was reached on November 22. Despite this recent pullback, SOL remains one of the year's top performers, boasting an impressive 275.85% gain year-to-date.

Bitcoin is staring down a hefty sell wall en route to $100,000 as analysts flag that sell orders and inflows to exchanges have been rising.

The Algorand network has registered a more than 300% surge in daily active addresses to about 313K in the past four days.

Key Points:

Litecoin price has been gaining substantial attention in the cryptocurrency market as analysts anticipate a potential altcoin rally. Over the past month, LTC has seen a remarkable surge of 31%, fueling optimism among traders.

Savvy commodities trader Peter Brandt published a tweet, predicting new all-time highs for Binance Coin (BNB). This prediction came true as BNB has, by now, gone much higher than Brandt predicted earlier today.

Bitfinex analysts see bitcoin's path to $100,000 hinging on short-term demand absorbing long-term holder selling.

Russian President Putin criticized holding state reserves in foreign currencies due to confiscation risks.

In a recent update shared by Intersect, Cardano has announced the introduction of Plan 529, a significant step toward its upcoming Plomin hard fork upgrade.

The Russian president said cryptocurrencies will continue to develop no matter what happens to the U.S. dollar.

Bybit is cautiously expanding its reach into China by allowing VPN-based access to users while also planning a regulatory comeback in Hong Kong.

Pump.fun achieved $93M in revenue despite controversy and livestream content issues. Solana meme tokens like PNUT and CHILLGUY drive significant platform growth.

Safe has launched Safenet, a cross-chain transaction processor network inspired by Visa, aiming to enhance on-chain and cross-chain transactions, with an alpha release planned for early 2025 to improve liquidity and scalability in decentralized finance. The post Safe Aims for Visa-Like Crypto Payments with Safenet Cross-Chain Transactions appeared first on Cryptonews.