Today's Top 7 Crypto Headlines Unveiled!

Nov 24, 2023

Image Credit : CoinGape

Montenegro Approves Kwon's Extradition

Montenegro court greenlights Terra founder Do Kwon's extradition to South Korea or the United States. Kwon, arrested for document forgery, faces a four-month prison term before the final decision by the Justice Minister.

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JPMorgan: Grayscale Outflows Risk

Grayscale Bitcoin Trust sees substantial secondary market purchases at a discount, driven by hopes for SEC approval for ETF conversion. JPMorgan reports a net inflow of $2.5 billion, rising to $2.7 billion with short interest covering.

Image Credit : Traxer

Bitcoin Consolidation Signals Bullish Trend

Bitcoin's rally slowed around $38,000 since Nov. 9, but the consolidation pattern signals an ongoing uptrend. Shallow pullbacks and persistent "buy-the-dip" demand suggest an ascending triangle formation on the chart.

Image Credit: Andre Francois/Fotis

JPMorgan: Binance's Positive Settlement

JPMorgan deems Binance's U.S. settlement positive for both the crypto industry and the exchange, citing a potential reduction in systemic risk. The report notes a shift towards regulated crypto entities post-FTX collapse.

Image Credit : Kanchanara

KyberSwap Offers Bounty Amid $50M Attack

KyberSwap targets the attacker of its liquidity pools with a $50M heist, offering a 10% bounty for the safe return of users' funds. The DEX, previously valued at $80 million, now holds $7.78 million.

Image Credit : Alexander Grey

Cross Chain Token FLIP Doubles

ChainFlip's native token FLIP more than doubles on debut, trading on Bybit, Crypto.com, Kucoin, and Gate.io, reaching $5.94 with a total volume of $79 million.

Image Credit : Giorgio

Bitcoin Sender's Record $3.1M Fee

A $3.1M transaction fee for a Bitcoin transfer, mined by Antpool in block 818087, sets a record as the largest in Bitcoin's 14-year history.

Image Credit : Kanchanara/Alexander Mils