Crypto News

Key takeaways The Mememinator project has raised more than $1.4 million so far. The sixth presale stage is close to an end and the team will initiate the seventh stage soon. November has been an excellent month for the cryptocurrency market so far, with the prices of most coins up by 20% over the last few days. Memeinator is still in its presale stage and has raised a significant amount so far.  What is Memeinator? Memeinator is a Web3 project that seeks to become one of the leading meme coins in the world. It has a unique project perspective and is offering value to investors and content creators. According to the whitepaper, the team is leveraging the recent growth of the meme coin industry and intends to provide users with a wide range of utilities.  Memeinator will be a project that destroys worthless memes on the internet, allowing users to have access to only quality memes.  Memeinator wants to set itself apart from the thousands of other meme coins i...

Key takeaways Shiba Memu’s presale has officially surpassed the $4.5 million mark. The project’s $100k giveaway continues. The cryptocurrency market has performed well this month, with altcoins rallying higher. Shiba Memu’s presale continues to reach new milestones and has now crossed the $4.5 million mark. Shiba Memu continues its $100k giveaway The Shiba Memu team announced via X (formerly Twitter) earlier today that its $100k giveaway contest is still ongoing. The team is seeking away $100k worth of SHMU tokens to the lucky participants as it looks to boost engagement in its project. According to the team, those holding $100 worth of SHMU are eligible to participate in this contest. Rev up with Shiba Memu's $100K giveaway!🤑 It's a high-octane presale race, and the finish line could be your jackpot moment.🏁 Buckle up and hit the gas!🚗 😈ENTER NOW: https://t.co/6C0EDwsVsp #Giveaway pic.twitter.com/vluHWjrlQe — Shiba Memu (@shibamemu) November 20, 2023 ...

The US Department of Justice is looking for $4 billion from Binance as settlement over the prolonged investigations against the crypto exchange. Bloomberg says in a report that talks between the DOJ and Binance have been ongoing for a while and could end within weeks. The US government is reportedly seeking over $4 billion from Binance , the world’s largest cryptocurrency exchange by trading volume, in order to settle the criminal investigation against it.  The US Department of Justice and Binance have held discussions over this, Bloomberg News said in a report published on Monday. The US Justice Department is seeking more than $4 billion from Binance as part of a proposed resolution of a years-long investigation into the world’s largest crypto exchange https://t.co/T3jDuKygLF — Bloomberg Crypto (@crypto) November 20, 2023 Per the report, the DOJ will want Changpeng Zhao’s crypto behemoth to pay the colossal amount as part of a settlement in a case involving multiple c...

At press time, Bitcoin was trading at $37,172.29. BTC broke the $37K mark in the wake of Javier Milei’s victory in the Argentinian presidential elections. Javier Milei is a pro-Bitcoin politician. Bitcoin experienced a surge, surpassing the $37,000 mark, in the wake of Javier Milei’s victory in the Argentine presidential election. Milei, a self-described anarcho-capitalist, clinched the presidency with a significant 55% of the votes, signalling a major political shift in the country. Pro-Bitcoin stance fuels market confidence Milei, celebrated for his pro-bitcoin stance, has positioned himself as a supporter of decentralized finance (DeFi) and a critic of central banks. His victory has resonated positively within the cryptocurrency community, with Bitcoin enthusiasts optimistic about the potential impact of a pro-bitcoin leader in Argentina. While Milei sees Bitcoin as a crucial tool for economic revival, it’s important to note that he has not proposed making Bitcoin legal t...

The new digital securities platform is known as Start. Start’s operations are scheduled to commence on December 25. The platform will start with a $20 million real estate securities issuance Osaka Digital Exchange (ODX) is set to make history by launching Japan’s inaugural digital securities trading platform, named “Start,” on December 25. The platform’s regulatory approval from Japan’s financial watchdog on November 16 paves the way for ODX to revolutionize the country’s financial landscape. Japan’s first digital securities trading platform Founded in 2021, ODX comprises key players in traditional Japanese finance, including SBI Holdings and Sumitomo Mitsui Financial Group (SMFG). Its proprietary trading system, Start, is designed exclusively for security tokens. This strategic move aligns with the growing global trend of incorporating blockchain and tokenization into traditional financial systems. To kick off Start’s operations, ODX will issue approximately 3 billion yen (a...

Musk’s announcement of a 25% stake in xAI for X Corp shareholders, along with Grok chatbot testing, sparks AI token surge. The AI tokens are also responding to the ouster of Sam Altman from OpenAI. Altman is now headed to Microsoft. Artificial Intelligence (AI)-focused tokens experienced a significant boost over the weekend, propelled by key developments in the AI sector. Traders exhibited strong confidence in the long-term growth potential of these tokens, triggered by notable announcements from industry leaders. Elon Musk’s revelation sparks euphoria Technology entrepreneur Elon Musk announced that shareholders of X Corp, a conglomerate holding a diverse range of companies, would hold a substantial 25% stake in the newly unveiled AI venture, xAI. The excitement surrounding this revelation was amplified as xAI initiated testing for its Grok chatbot, leading to the creation of numerous replica tokens. Sam Altman’s ouster from OpenAI In a separate development, there were repo...

Yearn Finance (YFI) price fell more than 45% to below $9k on November 18. The decline occurred amid market manipulation claims, including from the dYdX team. YFI price was around $9,260 on Sunday morning. Yearn Finance (YFI) is changing hands just above $9,260 on Sunday morning, November 19. The YFI token’s 45% slump from highs of $15,548 to lows of $8,918 on Saturday wiped out all of last week’s gains. YFI/USD had climbed by over 170% over the past month. YFI price nosedives – what happened? Yearn Finance’s steep price decline came as negative sentiment hit the market amid allegations of potential market population.  Amid this, YFI saw huge deposits to exchanges and on-chain data shared by market platform Lookonchain shows one whale selling as prices plummeted.   Why did $YFI suddenly plummet more than 40%? Wallet "0x48f9" transferred 446 $YFI ($5.8M) out, most of which was deposited to exchanges. https://t.co/Scw2wsE7lK pic.twitter.com/mrikh2dviO — Lookonch...