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Neela

@neela

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Neela
@neela
Claiming my @socialtoken airdrop and crediting @toobimoobi with my social airdrop
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Bitfinex Securities, a digital securities exchange linked to Tether, has launched a tokenized public offering of U.S. Treasury bills under El Salvador's regulatory framework. The token, USTBL, offers exposure to short-term U.S. T-bills with a 5.02% annual yield and is issued on Bitcoin’s Liquid Network layer-2 solution. Investors can initially purchase USTBL with Tether’s USDt, with trading set to follow on Bitfinex Securities' market. Proceeds will fund investments in an ETF tracking short-term U.S. Treasury bonds. This offering excludes North American and sanctioned country investors and highlights El Salvador's progressive digital asset regulations.
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Elon Musk 'shot down' OpenAI's ICO plan in 2018 over credibility concerns Elon Musk rejected OpenAI CEO Sam Altman’s 2018 proposal for an ICO, warning it would harm the company’s credibility, according to recent court filings. This followed Musk’s earlier opposition to OpenAI’s shift from a nonprofit to a for-profit model in 2017, prompting him to halt funding. Musk sued OpenAI in February 2023, alleging violations of its nonprofit commitments, renewing the lawsuit in August. Altman and Greg Brockman allegedly pursued for-profit fundraising after Musk’s withdrawal. Separately, a 2022 class-action lawsuit accusing Musk of manipulating Dogecoin’s price was withdrawn on Nov. 14.
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Cryptocurrencies Surge to New Highs as Trump Administration Takes Shape Bitcoin hit a new all-time high of $82,123 amid optimism over President-elect Trump’s pro-crypto stance, despite a slight dip in Ethereum. The global crypto market cap rose 2.9% to $2.8 trillion. The crypto industry contributed $135 million to 2024 campaign candidates across parties, including Trump, who proposed a national bitcoin reserve. Trump has begun appointing his administration, while key economic data, including inflation and retail sales, are set to be released later this week.
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Bitcoin ripe for 'major leg down' as BTC price nears $80K — Trader Bitcoin surged close to $80,000 over the weekend, with bulls taking advantage of low liquidity to push prices higher. While BTCUSD is up nearly 15% this week, some analysts are cautious, noting weekend moves often retrace due to liquidity issues. Keith Allen and WhalePanda emphasized the likelihood of pullbacks, with analysts watching for critical weekly and monthly closes. Trader Skew noted that large players might be driving prices through tactics that create artificial lows and trigger algo bidding. Despite the uptrend, Credible Crypto warned of a potential correction, targeting a dip below $50,000.
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Ether set for $3.2K breakout, Coinbase exec urges SEC reform: Finance Redefined Donald Trump’s re-election has spurred investor interest in cryptocurrencies, fueling a potential Ether rally above $3,200 as ETF inflows turn positive. Market optimism extends to regulatory expectations, with Coinbase’s Paul Grewal urging the SEC to adopt a more crypto-friendly approach, especially if SEC Chair Gary Gensler is replaced. Galaxy Digital saw record trading volumes on Election Day, driven by heightened crypto enthusiasm. Meanwhile, Magic Labs and Polygon launched a crosschain smart wallet to address DeFi liquidity fragmentation. Separately, Justin Sun claimed Coinbase sought $330 million in fees to list Tron, a claim Coinbase denies.
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Protocol Village: Blockstream Opens R&D Center in Lugano, Switzerland 1. Blockstream has opened an R&D hub in Lugano, Switzerland, to boost Bitcoin’s Liquid and Lightning network development, offering mentorship and grants to local projects. 2. Eclipse has launched a Solana-Ethereum hybrid layer-2 network, enabling faster, cheaper Ethereum transactions via Solana’s tech. 3. Puffer Finance released the UniFi testnet, a low-cost Ethereum rollup with rapid transaction times and enhanced security. 4. Cytonic raised $8.3M for its "MultiVM" layer-1 chain, designed to handle multiple blockchains, improving compatibility and transaction efficiency. 5. Algorand will launch an inclusive staking rewards program in December, rewarding validators with real-time ALGO payouts. 6. Magic Labs introduced Newton on Polygon’s AggLayer, facilitating seamless token transfers across chains with wallet integration.
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3 bold Bitcoin price predictions as the US Election nears finishline With the U.S. election nearing, Bitcoin's price shows minimal movement, but analysts see contrasting paths based on the outcome. A Trump victory could drive BTC to $80,000-90,000, supported by his pro-crypto policies, while a Harris win might trigger an "instant dump" due to regulatory concerns, with Polymarket reflecting strong bets on a drop to $65,000. Historically, November has been Bitcoin’s most profitable month, and analyst Lark Davis notes that a 46% rally could push BTC past $100,000. An anticipated Fed rate cut on November 7 may further enhance BTC’s upside potential. Currently, BTC trades near $68,760, with futures open interest down $1.1 billion as traders await the election.
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Is This The Last Week Bitcoin (BTC) Will Ever Be Below $70K? With the U.S. presidential election nearing, the crypto community is watching closely, especially regarding Bitcoin’s potential price movement. Popular trader EllioTrades noted that each U.S. election week has historically marked a low for BTC, a level it hasn’t revisited. Currently near $69,500, BTC may not dip below $70,000 if this trend holds. While Donald Trump’s current stance is bullish—supporting BTC payments, mining, and pledging to fire SEC chair Gensler—his past criticisms of crypto cast some doubt. Democrats, by contrast, have been generally less favorable to the crypto industry.
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Why is Bitcoin price down today? Bitcoin’s price has dropped over 6.5% to around $69,200 after nearing its 2024 high, possibly due to a decline in Donald Trump’s election odds, as many view Bitcoin as a “Trump hedge.” The fall also follows a correction from overbought levels indicated by its RSI, suggesting the recent rally may have overheated. Bitcoin is now back within an ascending channel, resembling a bearish “rising wedge” pattern that may signal further downside. Analysts warn a breakdown below this range could lead to a correction toward $55,500–$58,000 in the coming months.
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Bybit TR Launches Localized App to Elevate Crypto Asset Investment Experience Bybit TR has launched a new app tailored for the Turkish market, in partnership with Narkasa, offering Turkish crypto investors a localized, compliant trading experience. The app supports trading in major cryptocurrencies, including local fan tokens, and provides seamless access to Turkish Lira (TRY) trading pairs. Designed with a user-friendly interface, it also prioritizes security with features like two-factor authentication (2FA) and cold wallets. Bybit TR offers 24/7 customer support and a comprehensive educational library, aiming to lead in Turkey’s crypto sector. The app is available for download on the App Store and Google Play.
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Bitcoin Price Flirts With a New ATH, Leaving Over $100 Million Shorts Liquidated Bitcoin's price is nearing a new all-time high, recently hitting $73,600 and causing significant turmoil in the derivatives market, with over $110 million in short positions affected. Currently, it's trading just below $73,000, up over 4.2% in the last 24 hours. Spot Bitcoin ETFs in the US saw a trading volume of $3 billion today. This rally is occurring just before the crucial US presidential elections on November 5th, with Donald Trump favored in predictions. Volatility is expected as market participants react to the election outcome.
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Green United promotor asks to appeal SEC’s $18M crypto mining fraud case Kristoffer Krohn, promoter of Green United, is appealing an SEC lawsuit alleging that the company sold unregistered securities via its “Green Boxes” in a supposed $18 million crypto mining fraud. Krohn argues to a Utah federal court that the Tenth Circuit Appeals Court should decide if Green United buyers joined a "common enterprise," countering the SEC’s classification of the equipment as securities. Previously, the district court rejected a motion to dismiss the case, supporting the SEC's claims. Krohn maintains the “Green Boxes” were just hardware, not securities, as they didn’t offer profit-sharing rights. If granted, Krohn’s appeal could extend the case by months.
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UAE Introduces Legal Framework for DAOs The UAE has introduced a legal framework for Decentralized Autonomous Organizations (DAOs) through the RAK Digital Assets Oasis (RAK DAO), enhancing its position as a global hub for web3 and digital assets. The new DAO Association Regime (DARe) offers two models: Startup DAO for emerging projects with fewer than 100 members and Alpha DAO for larger DAOs with treasuries over $1 million. The framework provides legal identity, limited liability, and operational support to help DAOs scale and interact with the traditional economy. This initiative emphasizes the UAE's commitment to fostering blockchain innovation through regulatory clarity.
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Crypto Exchange Zondacrypto Wins 7th License with CySEC Approval Zondacrypto, a crypto exchange with over 1.3 million active users, has obtained its 7th regulatory license from the Cyprus Securities and Exchange Commission (CySEC). The company views this as a crucial step in providing a secure and transparent trading environment. CEO Przemyslaw Kral emphasized the importance of the license as the company prepares for the EU’s upcoming Markets in Crypto-Assets (MiCA) regulations. Zondacrypto remains committed to high standards of security and compliance in the evolving crypto landscape. More updates are expected as the company continues to adapt.
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Dogecoin Breaks Away With 9% Surge: Why This Could Trouble Bitcoin Dogecoin surged 9% in the past 24 hours, outperforming most of the crypto market and reaching $0.134, with a 24% weekly gain. Its rise, along with Shiba Inu's 5% increase, has drawn attention to memecoins. Historically, increased focus on memecoins like Dogecoin has coincided with market tops, signaling potential corrections in larger assets like Bitcoin. Data shows that market stability tends to return when attention shifts back to layer 1 networks. Analysts caution that investor greed in speculative assets may trigger bearish action for Bitcoin and other top cryptocurrencies.
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Ethereum Lost 0.81% to $2597.25 — Data Talk Ethereum is currently priced at $2,597.25, down $21.32 or 0.81% today. It has decreased on three of the past five days and is down 0.61% month-to-date but up 13.77% year-to-date. The cryptocurrency is 45.89% below its all-time high of $4,800 from November 2021 and down 35.58% from its 52-week high of $4,031.50 in March 2024. However, it's up 65.87% from its 52-week low of $1,565.88 in October 2023.
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RWA tokenization sector could see 50x growth by 2030 The real-world asset (RWA) tokenization sector is predicted to experience over 50-fold growth by 2030, potentially reaching a market size between $4 trillion and $30 trillion, with a median estimate of $10 trillion. Currently valued at $185 billion, including stablecoins, the sector's expansion could significantly reshape financial markets, changing how people invest, trade, and own assets. Tren Finance highlights that integrating blockchain with traditional finance marks a transformative shift in financial systems. Stablecoins dominate the sector, representing over $170 billion, while tokenized securities and treasuries are valued at $2.2 billion.
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Check your $DEGEN Stats. Frame by @nikolaiii 🚀
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Why Are Traders Super Bearish On Chainlink, Solana, and Bitcoin? Crypto sentiment data shows that traders are bearish on major altcoins, especially Chainlink, Ethereum, Solana, and Bitcoin. Chainlink struggles despite the success of its Cross-Chain Interoperability Protocol (CCIP), with its token LINK down 53% from 2024 highs. Ethereum’s lackluster price performance follows the muted success of spot Ethereum ETFs compared to Bitcoin’s surge. Solana faces pressure from fading meme coin momentum and the anticipated liquidation of FTX assets. These factors contribute to the bearish outlook despite these tokens' prominent roles in DeFi and NFTs.
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