[ad_1] Injective (INJ) price surged by nearly 10% as it hit an intraday high of $18.24. The gains came as OKX added support for INJ on its spot markets and the community burned more than $65k worth of INJ. INJ price is just 28% off its all-time high of $24.89 reached in April 2021. Injective (INJ) price surged on Thursday as positive catalysts helped bulls break above recent resistance levels. The INJ token reached intraday highs of $18.24, soaring nearly double digits on the day as buyers pushed for the…
Read MoreDay: November 30, 2023
Bitcoin ETF will drive 165% BTC price gain in 2024 — Standard Chartered
[ad_1] Bitcoin (BTC) may hit $100,000 in one year’s time thanks to “earlier than expected” exchange-traded funds (ETF) launching, says Standard Chartered. In a research note issued on Nov. 28 quoted by sources including Business Insider, the banking giant doubled down on its bullish BTC price targets. Standard Chartered still expects six-figure BTC price Bitcoin is in line to trade at six figures by the end of 2024, the latest forecast from Standard Chartered concludes. Thanks to the United States potentially approving Bitcoin spot price ETFs, BTC/USD has the ability…
Read MoreSui Surpasses $150 Million in TVL, Showcasing Blistering DeFi Momentum
[ad_1] November 30, 2023 – Grand Cayman, Cayman Islands Sui – the pioneering layer one blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project – has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in TVL (total value locked), according to leading DeFi aggregator DefiLlama. This key milestone, which currently places Sui within the top 20 blockchains in TVL, signifies a growing DeFi ecosystem backed by a deep pool of developer talent and a community…
Read MoreBloomberg Analyst Says SEC Lining Up To Potentially Approve All Spot Bitcoin ETF Applications in January – The Daily Hodl
[ad_1] A Bloomberg analyst says that the U.S. Securities and Exchange Commission (SEC) is gearing up to approve all bids for a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a lengthy thread on the social media platform X, James Seyffart says that the SEC making earlier-than-expected rulings on Franklin’s bids for a BTC ETF means the regulatory agency could be setting the stage to approve the others in January. “Wow. SEC went super early on Franklin. They weren’t due for another decision until Jan 1. Notably, Franklin is the…
Read MoreOn-chain debt securities platform Obligate launches on Base
[ad_1] On-chain debt securities marketplace Obligate launches on Base Obligate is a Swiss-regulated on-chain bonds platform, while Base is an Ethereum layer-2 scaling platform launched by Coinbase. Deployment on Base will help with institutional adoption of on-chain debt securities, Obligate’s head of partnerships said in an announcement. Obligate, a Swiss-regulated blockchain marketplace for capital markets, has deployed on Base, the Ethereum layer-2 scaling solution launched by Coinbase. In an announcement published on Thursday, Obligate termed the development as a significant milestone in the quest to promote adoption of on-chain debt…
Read MoreReal AI & crypto use cases, No. 4 – Cointelegraph Magazine
[ad_1] We’re rolling out one genuine use case for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today: How blockchain can fight the fakes. Generative AI is extremely good at generating fake photos, fake letters, fake bills, fake conversations — fake everything. Near co-founder Illia Polosukhin warns that soon, we won’t know which content to trust. “If we don’t solve this reputation and authentication of content (problem), shit will get really weird,” Polosukhin explains. “You’ll get phone calls, and you’ll think…
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