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If gold remains steady today, a single move from bitcoin to $98,500 would do it
ACT has sold off after an initial post-listing rally. The ACT decline followed a 124% surge within three days. Analysts attribute ACT’s selloff to profit-taking by pre-launch participants.
PNUT faces strong resistance at $1.37 but could rally if key levels are breached. WIF’s bullish momentum hinges on breaking resistance at $3.34 and sustaining $3.29. PEPE shows rising interest with key resistance at $0.000002150 and support at $0.000002000.
Quick Take Over the past few years, the agency has brought hefty cases against big industry players, including against crypto exchange Coinbase, for not registering lawfully with the agency. The agency could also go for a less aggressive approach and come to some compromises in ongoing cases.
Quick Take Solana surged 11% on Thursday to reach a new all-time high above $263 by the end of the day amid a broader market rally fueled by Donald Trump’s election victory, sparking optimism about a more crypto-friendly U.S. administration. XRP has had one of the strongest crypto rallies over the past 24 hours, surging 32% to around $1.47 — reaching its highest price since May 2021. Ethereum futures open interest jumped 12% to a fresh high of $20.8 billion on Friday, signaling short-term bullish momentum
- 08:58Solana co-founder Toly and Matter Labs CEO disagree on "Which is faster, Solana or ZK?"PANews reported on November 24th that Solana co-founder Toly stated in response to community questions: "ZK is slower than traditional computing. Therefore, because there are no religious reasons limiting the full node capacity, Solana is always faster than ZK." In response to this, Alex Gluchowski, CEO of ZKsync developer Matter Labs said: "ZK is always faster than Solana because it's protected by mathematics rather than validators. This means that one or a few validators (for redundancy) are enough and there's no need to wait for consensus among thousands of nodes."
- 08:57A certain whale continues to increase its position in ai16z, and has already incurred a floating loss of 290,000 US dollarsOn November 24, according to @ai_9684xtpa monitoring, Whale DZsGo...YjG2L has sustained a floating loss of $290,000 due to continuous replenishment of ai16z. He entered the market at the peak of ai16z on November 19th out of FOMO (Fear Of Missing Out), buying more as the price fell. So far, he has topped up his position 15 times and invested $1.023 million; his average cost is $0.2044 per unit. Due to controversial remarks made by the founder of ai16z this morning, his floating loss reached a maximum of $535,000 - nearly halved in value.
- 08:53XLM breaks through $0.6, with a 24-hour increase of over 26.33%Market information, XLM once broke through $0.6, currently reported at $0.569, with a 24-hour increase of over 26.33%.
