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news-imageNovember 29, 2024

Chinese gaming giant Boyaa Interactive dumps Ethereum for Bitcoin

Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has shifted a significant portion of its crypto holdings from Ethereum to Bitcoin. According to a Nov. 29 filing, the company said it converted 14,200 ETH into approximately 515 BTC in an open-market transaction valued at $49.48 million.
Publisher: CryptoSlate
Sentiment: Neutral
BTC
ETH

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Positive
cover-imageCoinPedia
November 29, 2024

Ethereum Price Update: Can It Hold the Momentum?

Ethereum reached $3,688 on November 28, its highest in six months. That's big news, but it didn't stay there long. The market took a breather, and ETH slid back to $3,580. Still, it ended the week with a 5% gain, which isn't too shabby, considering the wild 18% jump earlier.

Positive
cover-imageThe Daily Hodl
November 29, 2024

‘Very Promising Start': Top Analyst Says Ethereum Headed Higher Against Bitcoin – Here Are His Targets

A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.

Positive
cover-imageCoinPedia
November 29, 2024

Bitcoin Price Hits $97K, What Next $100K or $95K?

Bitcoin is on the verge of hitting a historic milestone—$100,000 per coin. Bitcoin soared to a new all-time high (ATH) of $99,588 last week but soon faced a 7% correction, dropping to $90,791 on Tuesday. By Wednesday, the cryptocurrency began to recover, and as of Friday, it is steadily climbing, currently trading around $97,000.

Neutral
cover-imageBenzinga
November 29, 2024

Black Friday Vs. Bitcoin: Here's How Much You'd Have If You Took The Average Spendings Of Americans On This Shopping Carnival And Invested It In BTC Last Year

Black Friday, the day after Thanksgiving in the U.S., has become synonymous with enticing discounts, big bargains, and massive sales, marking the start of the critical Christmas shopping season. With time, the traditional one-day frenzy has evolved into a longer season with the introduction of events like “Cyber Monday,” an online equivalent of Black Friday.

Neutral
cover-imageCoinPedia
November 29, 2024

Ethereum Foundation Bets Big on zkVMs Amid Market Concerns

The Ethereum Foundation is preparing to invest tens of millions into zkVMs (Zero Knowledge Virtual Machines). The development has been revealed by Justin Drake, who is a researcher at the organisation. In a separate development, yesterday, Ethereum co-founder Jeffrey Wilcke moved over 20,000 ETH to Kraken, triggering concerns across the cryptocurrency market.

Positive
cover-imageFinbold
November 29, 2024

R. Kiyosaki reveals Gold vs. Bitcoin is a smokescreen

On Thanksgiving evening, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad' Robert Kiyosaki, shared his thoughts about why the debate between those favoring Bitcoin (BTC) and those favoring gold is little more than a smokescreen.

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