DeepNewz

Markets
Bitcoin Dips to $93,000 Amid $553M Liquidations, Near $98,000 and Gold All-Time High
Bitcoin has experienced significant volatility over the past 24 hours, with its price dipping to $93,000 after briefly falling below this level

TradFi & Fintech
Rumble ($RUM) Board Approves $20 Million Bitcoin Investment for Treasury Diversification
Rumble (NASDAQ: RUM), the video platform and YouTube rival, announced on November 25, 2024, that its board has approved a Bitcoin treasury strategy by allocating up to $20 million of its excess cash reserves to Bitcoin

Blockchains
Movement Labs Launches $MOVE Token with 10 Billion Supply, 22% Initial Circulation, 60% Allocated to Community, $41.4 Million Raised
Movement Labs has announced the launch of its utility token, $MOVE, which will play a crucial role in the Movement Network Foundation's objectives

Infrastructure
Phantom Wallet Adds Support for Base Blockchain Amid 'Base Season' Optimism
Phantom, a prominent multi-chain wallet, has announced support for the Base blockchain network

Markets
Bitcoin Market Cap Plummets $100 Billion After Jim Cramer's Bullish Call, Price Falls from $99,000 to $95,000
Bitcoin's market value has seen a significant decline since Jim Cramer, a prominent financial commentator, expressed a bullish stance on the cryptocurrency

TradFi & Fintech
VanEck's $118 Billion Report Calls El Salvador's Bitcoin Adoption 'Latin America's Ultimate Comeback Story' Under Nayib Bukele
VanEck, a financial investment firm with $118 billion in assets under management, has labeled El Salvador's adoption of Bitcoin as 'Latin America's ultimate comeback story

People
Donald Trump Holds Over $5.4M in Crypto, Largest by a U.S. President, with Ethereum as Top Asset
Donald Trump, the President-elect of the United States, reportedly holds over $5.4 million in cryptocurrency.

People
Binance Founder Zhao Changpeng Calls for Focus on Real Applications Amid Concerns Over Two BNBChain Memecoins' Sharp Price Drop
Zhao Changpeng, the founder of Binance, has expressed concerns about the current state of meme coins, stating that they are becoming "a little weird now

Markets
El Salvador's Bitcoin Holdings Now Worth Over $550 Million, Yielding $300 Million Unrealized Profit
El Salvador's Bitcoin investment, which began in 2020, has grown significantly, with the nation's holdings now valued at over $550 million, according to FORTUNE

Markets
ETH/BTC Ratio Hits New Cycle Low at 0.032, 4-Year Low Against Bitcoin
The Ethereum-to-Bitcoin (ETH/BTC) price ratio has plummeted to its lowest level since March 2021, reaching a new cycle low





