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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
- 06:38The designer of the Russian digital ruble is about to resignThe Central Bank of Russia announced that its First Deputy Governor, Olga Skorobogatova, will resign on December 2. She had worked in the private sector until joining the central bank in 2014. Skorobogatova was responsible for overseeing the national payment system, IT and financial technology, including the digital ruble central bank digital currency (CBDC). Her position will be taken over by Zulfiya Kakhrumanova, the central bank's IT director. The first deputy governor Dmitry Tulin will be responsible for overseeing the national payment system.The digital ruble is planned to be widely launched in July 2025 when large banks will have an obligation to support CBDC. The second batch of banks originally planned to join this program in January 2024 but has not yet been realized as of October.
- 06:30World has over 17 million global usersOpenAI founder Sam Altman's World Project (formerly known as Worldcoin) announced in X that it has over 17 million users worldwide
- 06:29Jim Cramer favors BTC over MicroStrategy stocks: Bitcoin is the winnerCNBC "Mad Money" host Jim Cramer shared his views on Bitcoin and MicroStrategy stock (MSTR) this week. During the show, a caller told Cramer: "I've been holding this stock since 2023, and it's currently up over 1,000%. I don't plan to sell it. In fact, after the recent adjustment, I plan to buy more." Cramer commented on this: "I have to tell you that this is a Bitcoin game. I prefer actually owning Bitcoin." He mentioned that Citron recently shorted it to some extent and suggested: "All I can tell you is own Bitcoin. That's the winner."
