Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.Source
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Bitcoin Tops $42K as Crypto Market Recovers to Pre-Terra Levels
The price of bitcoin hit $40,000 on Sunday for the first time in 18 months, while ether rose past $2,200.Source
U.S. Judge Warns SEC Over ‘False and Misleading’ Request in Crypto Case
A federal judge threatened to sanction the SEC’s lawyers after their “false” arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.Source
Protocol Village: Blast, Envisioned as Layer-2 With Yield, Now Hiring
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.Source
Soccer Star Cristiano Ronaldo Faces $1B Class Action Suit Over Binance Endorsement
The suit, filed in the District Court of the Southern District of California, alleges that Ronaldo “promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance.”Source
Avalanche, Helium Lead Monthly Crypto Gains as Bullish Bitcoin Consolidation Spurs Altcoin Season Call
November brought explosive gains for altcoins as a wide range of smaller cryptocurrencies outperformed bitcoin, prompting call for an altcoin season.Source
Elon Musk-Inspired ‘Go F–K Yourself,’ Cybertruck Tokens Surge Among Microcap Punters
Tokens like GFY, TRUCK and GROK tied to Musk’s products and recent statements have popped up on Ethereum and other blockchains.Source
Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco
Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).Source
Cryptocurrency Worth $1.5M Seized From Former Ukrainian Head of State Communications
The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine’s former head of the State Special Communications Service, according to local news outlet RBC.Source