XRP is the Top Cryptocurrency in the United States
Due to the growing interest in the token from prominent investors, or “whales,” XRP’s price is rising and has reached a three-month high. The fourth-place ranking in the cryptocurrency market held by Binance Coin is in jeopardy due to this increasing momentum. Later this week, XRP may reach $1. Additionally, XRP is the top cryptocurrency in the United States. While Bitcoin accumulated below $35,000 during the weekend, XRP outperformed other cryptocurrencies with its remarkable surge. This cross-border money remittance token’s market value increased by 23% in just one week, reaching a price of $0.73—a level not seen since late July. […]
https://decentradecoded.com/xrp-is-the-top-cryptocurrency/?feed_id=497&_unique_id=654a6a1860eec

NFT Market Saw a Huge Comeback in October, With Trade Volume Up 32%
The NFT market saw a noteworthy comeback in October, with trade volume up 32% from the previous month and an astounding $99 million added to the industry’s value, according to a recent DappRadar analysis. Not only did this positive change indicate a pause in the annual fall in NFT trading, but it also came while Bitcoin saw a spectacular rise, breaking above $35,000, its highest level in more than 16 months. Growing rumors that a Bitcoin spot ETF would be introduced propelled the price of Bitcoin and brought new hope to the market. Ethereum Dominates as NFTs Gain Ground Not […]
https://decentradecoded.com/nft-market-saw-a-noteworthy-comeback/?feed_id=498&_unique_id=654a6a2e058d3

Leading Bitcoin Miners Were Binge-Selling in October 2023
Leading Bitcoin miners were binge-selling in October, dumping 5,492 BTC, more than they had mined in the same period. There were concerns about the abrupt increase in the sales of recently minted tokens by open Bitcoin miners, particularly considering that Bitcoin had a significant monthly increase of 26%. Companies like Marathon Digital Holdings and Core Scientific Inc. exceeded a 100% sell-production ratio, according to data from TheMinerMag. This data indicates that they used some of their current reserves in addition to selling all the Bitcoin they had mined in October. Hut 8 and Bit Digital went even further in October, […]
https://decentradecoded.com/leading-bitcoin-miners-were-binge-selling/?feed_id=499&_unique_id=654be64cc599d

A 2023 Bipartisan Bill Introduced in the House Against Chinese-Linked Blockchain Technology
A bipartisan bill introduced in the U.S. House last week seeks to limit the federal government’s acquisition and application of blockchain technologies. These technologies are associated with the Chinese Communist Party and other foreign enemies, thereby giving rise to worries over national security. On November 8, Representatives Zach Nunn (R-Iowa) and Abigail Spanberger (D-Va.) presented the bill, emphasizing that it would address cybersecurity issues related to Chinese government-affiliated technology companies. Nunn highlighted the severe concerns about data privacy and national security that come with China’s significant investment in blockchain technology. He said the bipartisan proposal is essential to stop the […]
https://decentradecoded.com/bipartisan-bill/?feed_id=501&_unique_id=6554add609120

Raft Hack Caused The Defi Exchange To Lose $3.3 Million in Ether (ETH)
A security compromise occurred on Raft’s decentralized finance (Defi) platform on Friday, 10th November 2023. The Raft hack caused the Defi exchange to lose $3.3 million in ether (ETH). However, the attacker’s attempt to steal funds took an unforeseen turn, resulting in a net loss for them. According to on-chain statistics, the attacker took 1,577 ETH from Raft. Only 7 ETH remained in the attackers’ possession after 1,570 ETH were transmitted to a burn address, effectively wiping off most of the stolen goods. Notably, the hacker’s address had acquired 18 ETH via the Tornado Cash crypto mixer service before the […]
https://decentradecoded.com/raft-hack/?feed_id=502&_unique_id=6554ae00510b0

The 2022 Controversial Indian Crypto Tax Policy Was a Failed Exercise
According to the Esya Centre, an Indian think tank, the controversial Indian crypto tax policy was a failed exercise. Over five million traders have been forced offshore due to the action intended to reduce speculative trading and increase traceability. As a result, exchanges are now hoping for some tax relief in the upcoming fiscal year. In 2022, the government of India imposed a 1% Tax Deducted at Source (TDS) on cryptocurrency transactions. Indians who are impacted are now conducting business at exchanges that the tax collector cannot access, even though this was intended to promote transparency and boost tax revenues […]
https://decentradecoded.com/indian-crypto-tax-policy-was-a-failed-exercise/?feed_id=503&_unique_id=6555553725c98

PayPal Announces That Blockchain is the New and Solid Foundation of Finance
PayPal announces that blockchain is the new foundation of finance and reaffirms its dedication to “payment innovation.” A prominent player in the cryptocurrency space, PayPal, has ventured into stablecoins and is praising the revolutionary effects of blockchain technology on international payment networks. In “Pay How You Want,” a blog post, the company asserts that blockchain is the new payment rail changing how people deal. The corporation highlights the importance of almost immediate payments for businesses and customers worldwide. It also dismisses the idea that blockchain is a fad and highlights its critical role in the profound transformation of the payment […]
https://decentradecoded.com/paypal-announces/?feed_id=505&_unique_id=65560b246a845

Top Weekly Crypto News Highlights
Below are the top crypto news highlights for the week. Monday, 13th November, 2023 Topic: Raft Hack Caused the DeFi Exchange to Lose $3.3Million in Ether (ETH) Key Takeaways Tuesday, 14th November, 2023 Topic: A 2023 Bipartisan Bill Introduced in the House Against Chinese-Linked Blockchain Technology Key Takeaways Wednesday, 15th November, 2023 Topic: The 2022 Controversial India Crypto Tax Policy Was a Failed Exercise Key Takeaways Thursday, 16th November, 2023 Topic: PayPal Announces That Blockchain is the New and Solid Foundation Of Finance Key Takeaway
https://decentradecoded.com/crypto-news/?feed_id=507&_unique_id=655752fd5d578

Bitcoin and Ethereum are Now at Historically Low Supply Levels - These 2023 levels Could Signify a BTC Price Surge
According to data from The Block, the active supply of Bitcoin and Ethereum is currently at historically low levels. For both cryptocurrencies, the proportion of tokens that have experienced transactions in the last year has dropped to all-time lows. Between March 2017 and 2018, when Bitcoin peaked, more than 59% of its supply was traded actively. But only 30.12% of Bitcoin’s supply changed hands the previous year. Comparably, Ethereum has reached a new low, with only 39.15% of its supply being actively traded during the last year. Before this, more than 86% of Ethereum’s supply was in motion between July […]
https://decentradecoded.com/bitcoin-and-ethereum/?feed_id=509&_unique_id=655b4771d0755

Official Announcement: CZ Resigns from Binance After Pleading Guilty To Money Laundering Allegation in 2023
Changpeng Zhao (CZ), the founder of Binance, has admitted to allegations of money laundering. As a result, CZ has resigned from Binance as CEO of the world’s largest cryptocurrency exchange. CZ announced in an evening statement on November 21st, “I am leaving my position as CEO of Binance as of today. Although it was difficult to acknowledge, this decision was the appropriate one to make. I admit my faults and must accept responsibility for them. It’s the best thing I can do for myself, Binance, and the community.” CZ declared, “Binance is no longer a child” and that it’s time […]
https://decentradecoded.com/cz-resigns-from-binance/?feed_id=511&_unique_id=655e3d372bc18

Your No.1 Guide on How to Contact Coinbase Customer Service for Questions and Complaints
Some people have issues with how to contact Coinbase customer service for their questions or account problems. If you fall into this category of people, then this article is for you.  Coinbase is a renowned global crypto exchange in the cryptocurrency ecosystem. The exchange trades significant cryptocurrencies like Bitcoin, Ethereum, Ripple, BNB, etc. The BTC trading platform is straightforward to use. However, In this article, we want to show you the various ways through which you can reach the Coinbase support team. We will give you various options for different occasions and problems you may encounter while using the cryptocurrency exchange. […]
https://decentradecoded.com/coinbase-customer-service/?feed_id=513&_unique_id=655e57bf2b2c9

The No. 1 Way To Earn Free Crypto, Coinbase Learning Rewards
Are you interested in learning about crypto generally and how to earn free crypto on Coinbase? Then, this Coinbase Learning Rewards review is for you. Through this article, Decentradecoded aims to provide you with accurate details on how you can earn free crypto using Coinbase Earn.  Do you want to know more about Coinbase? Read our full Coinbase Review here. Coinbase is a renowned cryptocurrency exchange known for being one of the major gateways through which new users can get into the crypto ecosystem. However, the platform also allows users to earn free digital currencies via Coinbase sign-up promotions, offers, […]
https://decentradecoded.com/coinbase-learning-rewards/?feed_id=515&_unique_id=655e5c04ae3a0