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In a strategic move to enhance its global leadership, BNB Chain has appointed Nina Rong as the new Executive Director of Growth. This announcement marks a significant step in the blockchain network’s efforts to expand its developer programs, ecosystem partnerships, and international presence, according to the BNB Chain blog. Rong’s Extensive Experience in Web3 Nina Rong brings a wealth of experience in scaling global Web3 ecosystems and formulating high-impact partnership strategies. Her previous role as Head of Partnerships at the Arbitrum Foundation saw her contribute significantly to global growth and ecosystem initiatives. Prior to this, she played a pivotal role…

So old and crusty are concerns that Tether is either not being upfront about the reserves backing its USDT stablecoin or faces imminent threat of being undercapitalized, that the crypto industry has developed its own two-word dismissive response: “Tether FUD.”Through soaring bull markets, the most brutal of bear markets, the comings and going of charlatans like Sam Bankman-Fried, Alex Mashinsky, and dozens of others, Tether’s USDT has continued to grow and function as designed — pegged to the U.S. dollar and available for redemption at any time. Alongside, Tether has become one of the globe’s most profitable companies, earning more…

Ether’s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment.“Currently, yields are low, around 4%. This indicates the market has not reached a major top and could still push higher,” Santiment said in a report on Saturday, forecasting that Ether (ETH) could revisit its $3,200 resistance level soon.This represents an approximate 6.7% increase from its price of $2,991 at the time of publication according to CoinMarketCap.  Ether is down 21.85% over the past 30 days. Source: CoinMarketCapSantiment said stablecoin yields…

XRP is trading at $2.22, slightly higher on the day as buyers attempt to regain control after a week of tight consolidation. With a market cap of $133.7 billion and 24-hour trading volume above $3.5 billion, XRP remains one of the most closely tracked large-cap cryptocurrencies. The key question now is whether bulls can secure a weekly close above $2.22, a level that would signal that momentum is turning decisively upward.XRP/USD Price Holds Key Support ZoneXRP’s latest rebound began after the market defended the $2.14 demand zone, an area repeatedly tested throughout November. The 4-hour chart shows price pressing into…

Quick Take • BCH trading at $536.10 (up 0.5% in 24h) • Only major crypto to post gains during recent market downturn • Testing resistance near 7-day moving average at $539.57 • Bitcoin correlation weakening as BCH shows relative strength Market Events Driving Bitcoin Cash Price Movement Bitcoin Cash has demonstrated remarkable resilience this week, posting a 2.8% gain on November 26th while serving as the lone bright spot in the CoinDesk 20 Index during a broader cryptocurrency selloff. This outperformance occurred as most major digital assets declined, highlighting BCH’s potential as a defensive play within the crypto ecosystem. The…

Despite low sentiment and falling prices, Bitwise’s André Dragosch says bitcoin is trading as if a recession is imminent, while macro growth expectations are already improving.

Bitcoin may have significant upside from here as its current price appears to be out of step with the forward macroeconomic outlook, according to a crypto researcher.“The last time I saw such an asymmetric risk-reward was during COVID,” Bitwise Europe head of research André Dragosch said in an X post on Friday, referring to March 2020 when global pandemic fears sent Bitcoin’s (BTC) price tumbling from around $8,000 to below $5,000.Dragosch said that while Bitcoin’s current setup mirrors the extreme risk-reward conditions seen during the COVID pandemic, it is also “pricing in the most bearish global growth outlook since 2022,”…

Gala Games has unveiled an exciting new event titled ‘Dusk of the Broken’, inviting adventurers to participate in a challenging hunt. Scheduled to run from November 28th at 19:00 UTC to December 1st at 19:00 UTC, the event takes place in Narrows Landing, where players will pursue elusive creatures in a high-stakes chase. Event Details and Objectives Participants must demonstrate speed and precision to locate and defeat specific non-playable characters (NPCs) such as the Stag, Wisp, and the legendary Golden Bunny. Each of these creatures holds varying point values, with the Golden Bunny offering a substantial 500 points. The task…

Implied volatility indices tied to bitcoin and the S&P 500 have erased the recent spike, offering bullish price signals.

Bitcoin hovered around the $90k mark in Asian trading on Friday, while regional stocks struggled for direction as investors weighed a powerful global rebound against signs that the rally may be running out of steam.The largest cryptocurrency traded in a tight band between about $90,600 and $91,400 after touching roughly $91,800 in the past 24 hours.A global equity gauge was little changed, yet still on track for its best week since June as traders leaned into the idea that the Federal Reserve is finally ready to start cutting interest rates.Market snapshot Bitcoin: $90,868, down 0.2% Ether: $3,001, down 1.6% XRP:…