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Bitcoin News
Bitcoinsensus
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Image Credit: Bitcoinsensus
Roman Sterlingov Sentenced for Running Bitcoin Fog Mixer
- Roman Sterlingov, the operator of Bitcoin Fog, a crypto mixer used for illegal activities, has been sentenced to 12.5 years in prison.
- Bitcoin Fog processed over 1.2 million bitcoin transactions, involving crimes like drug distribution and hacking.
- Sterlingov faces a $395M fine and the seizure of over $1.7M in cryptocurrency and assets.
- The case reflects international efforts to combat cryptocurrency-based financial crime and marks a milestone in regulating digital currency.
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Altcoinbuzz
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How Crypto Whales Become Phishing Targets
- Crypto whales are frequently targeted by phishing scams, which use near-perfect clones of websites and messages to deceive even experienced crypto users.
- Phishing attackers are interested in whales because of their digital assets and wallet content costs.
- Phishing scams are frauds performed by hackers that make you disclose confidential information like private keys and passwords.
- They use fake websites and phishing emails or messages to get users to enter sensitive information.
- The recent Blast Network event highlights a vulnerability in decentralized finance (DeFi): permission-based signatures.
- To stay safe from phishing attacks, users should use hardware wallets, enable two-factor authentication (2FA), check URLs, and avoid unsolicited messages.
- If a phishing attack targets you, disconnect your wallet, report the scam to the relevant authorities, get help from security experts, and review your security practices.
- Crypto whales must stay vigilant by monitoring security practices and using secure wallets.
- The information provided by Altcoin Buzz is for educational, entertainment, and informational purposes only.
- Altcoin Buzz is not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided.
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Bitcoinchaser
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Image Credit: Bitcoinchaser
BC.Game’s Black Friday Magic Drops – Win Big This Season!
- Online crypto casino BC.Game and BGaming are hosting a Black Friday Magic Drops promotion with a €20,000+ prize pool.
- Players can participate by spinning the reels on any participating BGaming slot with no minimum bet.
- There are 1,176 random prizes up for grabs, ranging from €10 to €1,000.
- BC.Game offers a wide range of games, live casino options, sportsbook, and a user-friendly interface with various payment methods.
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Cryptoslate
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Image Credit: Cryptoslate
MicroStrategy shares rise 10% after $2 billion Bitcoin acquisition at $74.4k
- MicroStrategy has acquired approximately 27,200 BTC for $2.03 billion.
- This purchase comes amid a crypto market rally, with Bitcoin reaching a new all-time high of over $82,000.
- MicroStrategy's total Bitcoin holdings now stand at 279,420 BTC, worth over $20 billion.
- Following the announcement, MicroStrategy shares rose by roughly 10% in pre-market trading.
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Coinpedia
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Image Credit: Coinpedia
Bitcoin To Continue Rally Towards $100k; Here’s How Altcoins Like ADA, XRP Will React
- Bitcoin is expected to continue its upward trajectory towards $100,000, but may experience pullbacks of 20% to 30%.
- Key resistance levels to watch are around $88,000 to $90,000, with the next major level at $90,000.
- Bitcoin's dominance in the market is currently declining, indicating potential gains for altcoins like Cardano, Ethereum, and XRP.
- Altcoin season is expected to start when Bitcoin reaches $100,000, allowing altcoins to rally.
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Newsbtc
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Image Credit: Newsbtc
Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs
- Ethereum's weekly volume has reached $60 billion as it aims for yearly highs.
- Ethereum's transaction volume on its mainnet has surged, signaling renewed interest and activity.
- If Ethereum can maintain strength above current levels, further upside potential is expected.
- Analysts anticipate Ethereum to reach its yearly high of $4,000, confirming bullish momentum.
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Bitcoinchaser
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Image Credit: Bitcoinchaser
Roobet’s Target Challenge: November 11th-18th
- Crypto casino and sportsbook Roobet is hosting a Target Challenge from November 11th-18th.
- Participants need to reach a 666x multiplier or higher on the featured slot game, Might of Freya Megaways.
- Those who achieve the target will share a $5,000 prize pool.
- Roobet offers a wide selection of games, quick crypto transactions, and exciting promotions for players.
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Coinpedia
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Image Credit: Coinpedia
Crypto Market Today (Nov 11th, 2024): Bitcoin Price Hits Another ATH | WIF & DOGE Lead Gainers!
- The global cryptocurrency market capitalization reaches $2.78 trillion.
- Bitcoin breaks another all-time high, reaching $82,371.96.
- Ethereum experiences a slight dip, while Solana and XRP remain relatively stable.
- Dogwifhat and Dogecoin are the top gainers, while Neiro and Lido DAO face declines.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
7 Reasons Bitcoin Could Skyrocket to $200K by 2025
- Bitcoin might hit the historically ATH by 2025, at $200k.
- Government attention, company adoption, and global economic conditions all point to Bitcoin’s advantage.
- U.S. could build a strategic Bitcoin reserve. Proposed by Senator Cynthia Lumis is acquiring one million BTC over five years, or about 500 BTC daily.
- While small governments like Bhutan have discreetly been mining Bitcoin and building significant reserves, others like El Salvador have approved the medium of transaction.
- Tech giants like Microsoft could turn to BTC as a store of value. Should Microsoft or other giants like Facebook and Apple choose to invest in BTC, it might trigger a tsunami of institutional buying, hence driving up the value of Bitcoin.
- According to Davis, demand for recent Bitcoin ETF introductions has been unheard-of.
- Retail curiosity in Bitcoin is rising, and Coinbase and Crypto.com have seen notable increases in their app rankings.
- The lowering of world interest rates serves as another driver of a Bitcoin price explosion.
- China has also revealed a $1.4 trillion stimulus plan which will provide extra liquidity for world markets.
- Davis speculates that BTC would peak 12 to 18 months following the most recent halving, therefore positioning its probable peak between April and November 2025.
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TheNewsCrypto
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Image Credit: TheNewsCrypto
NYDIG’s Cipolaro Calls Bitcoin Exposure Following Election Shift
- Bitcoin exposure is essential for investors following U.S. election.
- NYDIG’s Cipolaro warns that not owning bitcoin may lead to financial peril.
- Greg Cipolaro believes the election outcome marks a pivotal shift for bitcoin adoption.
- Bitcoin accessibility and increasing institutional interest contribute to its positive outlook.
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Coin Telegraph
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Image Credit: Coin Telegraph
Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’
- Bitcoin breaks record high at $82,410, enters uncharted territory.
- Bitcoin is expected to reach $85,000 within the next week.
- Donald Trump's election victory boosts investor appetite for Bitcoin.
- Ether price surpasses $3,200, driven by Bitcoin's all-time high.
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Coin Telegraph
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Image Credit: Coin Telegraph
Why is the crypto market up today?
- The total crypto market capitalization is up 1.85% over the last 24 hours to $2.77 trillion, with trading volume jumping 75% to $235 billion.
- Bitcoin (BTC) has risen 2.8% to $81,587, close to its all-time high. Ether (ETH) dipped 0.91% to trade at around $3,166.
- Dogecoin (DOGE) has soared 23% in the last 24 hours and 151% in the past 30 days, reaching a multi-year high above $0.30.
- Institutional investors increased exposure to digital assets, with crypto investment products seeing total inflows of $1.98 billion, with Bitcoin investment funds receiving $1.8 billion.
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Altcoinbuzz
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FTX Sues Binance and Founder CZ for $1.8 Billion
- FTX, a cryptocurrency exchange, has filed a lawsuit against Binance and its founder, CZ, demanding $1.8 billion in damages.
- The lawsuit stems from a deal made in 2021, where Binance acquired a 20% stake in FTX.
- FTX claims that Binance and CZ's actions have hurt their business, leading to the legal battle.
- The lawsuit has caught attention in the crypto industry and could have significant consequences for Binance and the regulation of the crypto market.
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Bitcoinsensus
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Image Credit: Bitcoinsensus
FTX Sues Binance and CZ Zhao, Seeks $1.8B Over Fraud Claims
- FTX has filed a lawsuit against Binance and CZ Zhao, seeking $1.8 billion in damages.
- FTX alleges that Binance and its executives received $1.75 billion fraudulently in a 2021 buyback deal.
- The lawsuit aims to recover the funds transferred by Sam Bankman-Fried in FTT, BNB, and BUSD tokens.
- This legal action highlights the growing demand for transparency and accountability in the cryptocurrency market.
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Bitcoinist
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Image Credit: Bitcoinist
Bitcoin Undergoes Multiple Major Breakout: A Super Cycle For BTC Imminent?
- Bitcoin has undergone multiple major breakouts in recent weeks, signaling a possible entry into a super cycle.
- Key resistance zones, Fibonacci levels, and moving averages have been broken, with BTC showing upward strength.
- Analyst Doctor Profit predicts the next target for BTC between $87,000 and $88,000, with a minor correction expected.
- Stablecoin demand is increasing, indicating the beginning of the anticipated super cycle as institutional and retail investors buy more Bitcoin.
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