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Brazil Bitcoin takes a bold step forward. Congressman Eros Biondini has proposed a BTC reserve bill to make Bitcoin part of the national treasury. His plan, called the ‘Bitcoin Sovereign Strategic Reserve (RESBit)’, wants to put 5% of Brazil’s reserves into Bitcoin. This marks a major change in how countries handle cryptocurrency. JUST IN: A bill to create a strategic #Bitcoin reserve has been introduced in Brazil's Chamber of Deputies pic.twitter.com/0jh3hXaxCJ — Bitcoin Magazine (@BitcoinMagazine) November 26, 2024 [Image 1: Screenshot of the official Bitcoin reserve bill document presented to Brazil’s Chamber of Deputies, outlining key provisions and objectives] Also Read: US Congress Pushes Forward With Bitcoin Strategic Reserve Plans Understanding Brazil’s BTC Reserve Bill and Its Impact on Crypto Regulations Key Components of RESBit If only there was a way to dig our nation out of debt while ensuring the strength of the U.S. dollar. Oh wait. #B...

Bitcoin (BTC) briefly reached the $97,000 mark in the last 24 hours, recording a 0.6% increase as it moves closer to the $100,000 milestone. This upward momentum has also positively impacted altcoins, with many continuing to show strong gains and maintain a bullish trajectory. According to data from CoinMarketCap, Bitcoin is currently valued at $96,204.85, 3.3% below its all-time high of $99,655.50, achieved six days ago. In light of this positive outlook, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar SPX6900 has attracted notable interest in the market, with current sentiment leaning strongly positive. Algorand has announced the launch of a new staking rewards program that will begin this December. Pepe Coin has delivered remarkable results over the past year, achieving a 1,793% increase in value. The IOTA Foundation has introduced a bold proposal to revamp its block...

Non-Fungible Tokens (NFTs) are considered digital assets because they represent ownership of unique items or content in a digital format. Unlike cryptocurrencies, which are fungible and can be exchanged for one another at an equal value, NFTs are unique and cannot be replaced or exchanged on a one-to-one basis. This uniqueness is what classifies them as digital assets. NFTs are typically built on blockchain technology, which ensures their scarcity and authenticity. Each NFT is stored on a decentralized ledger, providing a transparent record of ownership, which enhances their value. This makes them ideal for representing digital art, collectibles, music, virtual real estate, and more. The ownership of an NFT is verified by the blockchain, which provides proof of authenticity, establishing it as a valuable digital asset. NFTs can be bought, sold, or traded in various online marketplaces, similar to other digital assets like cryptocurrencies. The market value of an NFT is often driven by ...

TRON (TRX) blockchain founder Justin Sun is now an advisor to World Liberty Financial (WLFI), the decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. In a post on social media platform X, WLFI says Sun’s qualifications will enable him to make significant contributions to the development of the platform. “Justin is the founder of TRONDAO, an advisor to HTX_Global, and a supporter of BitTorrent. A graduate of the University of Pennsylvania, he recently won Sotheby’s auction for the iconic banana artwork. TRON is among the world’s top 10 cryptocurrencies and one of the largest public blockchains.  Justin’s insights and experience will be instrumental as we continue to innovate and grow. Welcome to the team, Justin!” World Liberty Financial announced Sun’s new role after TRON’s decentralized autonomous organization, TRON DAO, invested $30 million in the DeFi project to become its largest investor. The project, which claims to...

Dubai-based crypto exchange XT.com has suspended withdrawals after a hacker reportedly stole up to $1.7 million before converting it into ether (ETH).  A statement from XT this morning claims the exchange suffered an “abnormal transfer” of crypto from its platform wallet with the address 0xdb3ded7731c781224ec292e2163d9554c094fd7c. “The amount involved in this incident is approximately 1 million USDT across 12 different currencies,” XT claimed. However, the crypto security firm PeckShieldAlert reports that the exchange appears to have been hacked. It claims that the stolen funds were converted into 461.58 ETH, worth almost $1.7 million at the time of writing, and are sitting in an Ethereum address.  #PeckShieldAlert Our community member has detected that @XTexchange appears to have been hacked for ~$1.7 million worth of cryptos. The hacker has swapped the stolen funds for 461.58 $ETH & sit in 0xB43f…8F83 pic.twitter.com/bwINPguXlZ — PeckShieldA...

The Solana price prediction shows that SOL could break above the 9-day moving average and head toward the channel’s upper boundary. Solana Prediction Statistics Data: Solana price now – $231.58 Solana market cap – $110.48 billion Solana circulating supply – 474.82 million Solana total supply – 589.0 million Solana Coinmarketcap ranking – #4 Getting involved early in crypto projects can yield extraordinary returns, as demonstrated by Solana (SOL). Trading between $224.02 and $240.99 over the past 24 hours, SOL has risen an incredible 47,360.34% from its all-time low of $0.5052 on May 11, 2020. Although currently down -9.12% from its all-time high of $263.83 reached on November 23, 2024, Solana’s remarkable growth and resilience make it a standout project in the crypto space. SOL/USD Market Key Levels: Resistance levels: $280, $290, $300 Support levels: $185, $175, $165 SOLUSD – Daily Chart SOL/USD on the daily chart revea...

Businessman Robert Kiyosaki has predicted that Bitcoin could reach $500,000 by 2025, referencing AI-driven forecasts. His statement followed Bitcoin’s recent surge to an all-time high of $99,500, sparking discussions within the crypto community.  Supporters of this projection highlighted Bitcoin’s limited supply and increasing demand as factors that could drive its long-term growth.  Meanwhile, the altcoin market’s current positive trend investors have prompted investors to search for affordable tokens, particularly the  best cheap crypto to buy now for under 1 dollar . 6 Best Cheap Cryptos to Buy Now Under 1 Dollar AEVO is currently priced at $0.443335, showing an 8.93% increase in the last 24 hours. Its recent low stood at $0.4424 and has recorded an 8.04% rise over the same period. Holo (HOT), a platform built to host decentralized applications (DApps) using Holochain, remains an influential player. Axelar (AXL) is trading at $0.831658, reflecting ...

Bitcoin adoption could get another boost from Brazil. This is after a Brazilian Congressman introduced a bill proposing adoption of BTC as national reserve asset. US lawmakers are also pushing for a Bitcoin strategic reserve. A Congressman in Brazil has introduced a Bitcoin reserve bill, adding the country to a growing list of nations looking to tap into the flagship cryptocurrency as a treasury reserve asset. On Nov. 25, Brazilian Congressman Eros Biondini introduced a new proposal aimed at the creation of a Bitcoin (BTC) reserve in Brazil. The proposal, titled ‘Bitcoin Sovereign Strategic Reserve (RESBit)’, outlines the benefits of adopting BTC as a national Treasury reserve asset. Diversification of the country’s assets and reduction of economic risk are part of the strategic plan. The bill also looks at the opportunity this would offer in terms of putting Brazil at the forefront of technological and financial innovation and development ...

The Sandbox price plunged 15% in the last 24 hours to trade at $0.653 as of 02:13 a.m. EST on trading volume that dropped 61% to $2.3 billion. Sandbox Price Could Still Soar The SAND/USD chart exhibits a clear bullish trend in recent weeks, characterized by a sharp upward breakout in the Sandbox price. However, the current retracement indicates profit-taking or a potential pullback after a parabolic move. According to GeckoTerminal data, the Sandbox price broke above both the 50-day and 200-day Simple Moving Averages (SMAs), a classic bullish signal indicating a shift in momentum. Moreover, the Relative Strength Index (RSI) is at 71, which has entered the overbought zone (>70), indicating the recent rally might be overextended. Overbought conditions often lead to short-term pullbacks or consolidation phases. If RSI starts to decline toward neutral levels (50), it would suggest waning momentum. Adding to the general bullish momentum, the Moving Average Convergence Divergence (M...

Pump Fun is facing calls to disable its livestream feature after a weekend of chaos saw, amongst another things, a man hold a goldfish at gunpoint, a kid threaten to murder his family, and another man promise to relieve himself while trapped in a dog cage.  The token creation website was hit with very public backlash on X by shocked users. Among these was Pudgy Penguins’ safety project manager, who posted, “Shut down the livestream feature. This is out of control.” A core engineer for Eigen Labs also voiced their displeasure, saying, “Pump fun is going to screw over the entire industry.”  Even before the weekend began, Pump Fun co-founder Alon stressed, “With the live streaming meta in full force, there have been many people that came forward with some very legitimate concerns regarding what content is allowed on the platform.” He added, “Moving forward, we will try to be more transparent about the rules ,” and noted that Pump Fun does engage in moderation. However, de...

Popular crypto analyst Altcoin Sherpa says that Ethereum (ETH) is likely approaching a cycle bottom in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 230,000 followers on the social media platform X that ETH/BTC will likely bottom once Bitcoin has completed its breakout rally. “I know everyone’s talking about altseason now and nobody wants that more than me. However, I think that BTC has to be finished with its run momentarily for alts to run (aka Jan 2021). ETH probably finds a bottom in the next few months vs. BTC. Here or 0.024 are the areas I’m watching.” Source: Altcoin Sherpa/X At time of writing, ETH/BTC is trading at 0.034 BTC worth $3,314. A correction toward the analyst’s bottom target at 0.024 BTC indicates a nearly 30% downside move for the pair. Altcoin Sherpa is also looking at XRP, the native token for the XRP Ledger (XRPL), which is up about 180% just this month. The trader says XRP is one to watch in...

A closely followed crypto strategist thinks that it is almost time for altcoins to steal Bitcoin’s (BTC) thunder. Pseudonymous analyst TechDev tells his 481,600 followers on the social media platform X that he’s looking at historical price action to determine the arrival of a new altseason. According to the trader, data from crypto’s 2017 and 2020 bull markets suggest that a fresh altseason is on the horizon. “When altseason? Not sure. But the last two started after three consecutive weekly closes over the last Bitcoin weekly high…”  Source: TechDev/X Based on the trader’s chart, he seems to suggest that Bitcoin Dominance (BTC.D) took a massive plunge after BTC broke out from previous cycle highs and rallied for three weeks. The BTC.D index tracks how much of the total crypto market cap belongs to Bitcoin. A bearish BTC.D chart suggests that altcoins are about to outperform Bitcoin. TechDev shares another chart indic...

1. SOL Hits New All-Time High, Cboe Submits 4 Solana Spot ETF Applications to SEC link Bloomberg ETF analyst James Seyffart shared that Cboe has filed applications with the SEC for four Solana spot ETFs, with issuers being VanEck, 21Shares, Canary Capital, and Bitwise. If the SEC does not reject these applications, the final decision deadline is expected in early August of next year. On Friday, Solana (SOL) surged past $260, setting a new all-time high with a 24-hour increase of 12.11%. The previous record was $259.9, achieved on November 6, 2021, making it 1,100 days since SOL last hit a historical peak. Solana’s Total Value Locked (TVL) has also exceeded $9 billion, marking the highest level since December 2021. The top five protocols by TVL are currently Jito ($3.706 billion), Kamino ($2.441 billion), Raydium ($2.407 billion), Jupiter ($2.373 billion), and Marinade ($2.083 billion). 2. USDS Stablecoin Launches on Solana, Sky Ecosystem Offers Over 500K USDS in Weekly Rewards link The...