CryptoNews

7-Day Crypto Snapshot: BLUR, APE, KLAY, and MINA Lead This Week's Market Rallies – Markets and Prices Bitcoin News

November 27, 2023
In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur’s token BLUR, which soared by a significant 72% this past week. 17 Crypto Assets Record Double-Digit Growth As of Sunday…
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CryptoNews

End of an Era: CZ Steps Down, SEC Names More 'Securities,' as US Crypto Crusade Continues — Week in Review – The Weekly Bitcoin News

November 27, 2023
Bitcoin.com News reported this week that leading crypto exchange Binance will settle with the United States Department of Justice (DOJ) for $4.3 billion, related to breaching anti-money laundering and sanctions regulations. The well-known face of the exchange, and former CEO, Changpeng “CZ” Zhao, has stepped down as part of the plea deal. In other news, the U.S. Securities and Exchange…
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Filmmaker Makes Millions After Risky Dogecoin Bet Pays Off — Faces Netflix Lawsuit – Featured Bitcoin News

November 26, 2023
A U.S. filmmaker reportedly made a profit of more than $20 million from a bet on the cryptocurrency dogecoin. Netflix accuses the filmmaker of using funds meant for the production of a TV series to place risky bets on a biotech company, the S&P 500, and dogecoin. Rinsch Lost $5.9 Million in a Matter of Weeks Carl Erik Rinsch, a U.S. filmmaker who reportedly earned a profit of more than $20…
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Ethereum L2 Platform Blast Draws $400M in a Week Despite Invite-Only Access and Criticism – Defi Bitcoin News

November 25, 2023
This week, the crypto community is abuzz with discussions about Blast, a new Ethereum layer two (L2) platform. The project gained prominence after securing a notable $20 million in funding, spearheaded by Paradigm and Standard Crypto, among other investors. Developed by Pacman, the entrepreneur behind the non-fungible token (NFT) marketplace Blur, Blast has garnered over $400 million in digital…
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