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. […]
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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

Top Crypto News Highlights For The Week
Below are the top crypto news highlights for the week. Monday, 20th November, 2023 Topic: Bitcoin and Ethereum Are Now At Historically Low Volumes – These 2023 Levels Could Signify a BTC Price Surge Key Takeaways Tuesday, 21st November, 2023 Topic: The New Ethereum Layer-2 Crypto Project, Blast, Intends to Increase Interest Rates for ETH and Stablecoins Key Takeaways Wednesday, 22nd November, 2023 Topic: Official Announcement: CZ Resigns From Binance After Pleading Guilty to Money Laundering Accusation in 2023 Key Takeaways You May Also Like Thursday, 23rd November, 2023 Topic: Belgium Takes the Lead in Renewing Blockchain in the EU […]
https://decentradecoded.com/top-crypto-news-highlights-for-the-week/?feed_id=517&_unique_id=656088511e869

Belgium Takes the Lead in Renewing Blockchain in the EU
In a bold stride towards fostering digital innovation within the European Union, Belgium takes the lead in renewing blockchain in the EU. This massive project is set to take centre stage in early 2024 during Belgium’s presidency of the European Union’s Council. The initiative, led by the Belgian government, aims to accelerate the creation of a blockchain infrastructure across Europe and offers substantial improvements in the safe handling of official documents and the expansion of digital services across the EU. One of the four main goals stated by Belgium’s Secretary of State for Digitization, Mathieu Michel, in a recent interview […]
https://decentradecoded.com/belgium-takes-the-lead-in-renewing-blockchain/?feed_id=519&_unique_id=656088746bbb4

Ex-Binance Chief Changpeng Zhao Could Spend Up To 10 Years in Prison
According to recent court documents by the US Department of Justice (DOJ), Ex-Binance Chief Changpeng Zhao could spend up to ten years in prison. Zhao entered a guilty plea to breaking the Bank Secrecy Act. According to the DOJ, Binance was a part of a large-scale international criminal organization. Binance agreed to a hefty $4.3 billion punishment in a historic act that will go down in the records of FinCEN and the US Treasury. Additionally, as part of a plea agreement, Binance committed to a thorough set of compliance, monitoring, and collaboration measures. Although Zhao claims that Binance has not […]
https://decentradecoded.com/ex-binance-chief-changpeng-zhao/?feed_id=522&_unique_id=656569427540e

Institutional Giants Embrace Ethereum Opportunities
Funds streaming into Ethereum trusts and ETFs have been gradually rising since November 23rd, indicating a shift in sentiment among institutional Ethereum investors from cautious optimism to robust confidence. According to CryptoQuant‘s most recent data, Ethereum Funds Holdings has increased to 3.17 million as institutional giants embrace Ethereum’s opportunities. This metric’s upward trend highlights the institutional investors’ growing desire for exposure to the altcoin. Notably, prominent players in the cryptocurrency field have also mirrored this market opinion. One such player is Woominkyu, a verified author on CryptoQuant. Analysis of Ethereum’s Price Dynamics Woominkyu dug into the effects of this inflow […]
https://decentradecoded.com/ethereum-opportunities/?feed_id=523&_unique_id=6566dc2c8ae24

No. 1 Crypto Exchange, Binance, and Cristiano Ronaldo Were Attacked for Alleged Unregistered Securities Promotion
Football sensation Cristiano Ronaldo is embroiled in a class-action lawsuit alleging that his endorsement of the cryptocurrency exchange Binance has caused financial harm to investors. Both Binance and Cristiano Ronaldo were attacked for alleged unregistered securities promotion. The lawsuit, which was submitted to a Florida District Court on November 27, claims that Ronaldo assisted the cryptocurrency exchange in promoting and selling assets that weren’t registered. According to the lawsuit, investors were lured to the cryptocurrency exchange by Ronaldo’s enormous impact and worldwide popularity, where they were allegedly tricked into investing in unregistered securities. The main subject of the lawsuit is […]
https://decentradecoded.com/binance-and-cristiano-ronaldo/?feed_id=525&_unique_id=6567d53c6edab

European Central Bank Chair Emphasized the Need for Strong Supervision For DeFi
In a recent interview, Andrea Enria, chair of the supervisory board at the European Central Bank (ECB), stressed how difficult it is to regulate cryptocurrency companies, especially those that mimic regular banking operations. Enria acknowledged the inherent challenges in achieving this. However, the ECB chair emphasized the need for strict supervision when crypto organizations begin to mimic the operations of banks. The “deterritorialization” of these crypto entities—many of which lack distinct physical headquarters—is a problem that Enria has brought to light. This problem presents a significant regulatory challenge because it is difficult to establish jurisdiction and authority over these companies […]
https://decentradecoded.com/european-central-bank/?feed_id=527&_unique_id=656a95884307e

Cristiano Ronaldo Is Considering Paying $750K to Avoid a Public Trial in the Binance Lawsuit
Cristiano Ronaldo is embroiled in a legal dispute due to his support for the cryptocurrency exchange Binance. The lawsuit is part of a class-action lawsuit that claims investor damages. The main point of contention in the suit is Ronaldo’s partnership with Binance to market his collections of non-fungible tokens (NFTs), which allegedly misled investors into investing in unregistered securities. Ronaldo is considering paying $750K to avoid a public trial. The well-known football superstar signed a multi-year contract with Binance to use his popularity to promote exclusive digital artworks and experiences contained in his NFT collections. Fans and collectors alike paid […]
https://decentradecoded.com/cristiano-ronaldo-binance-lawsuit/?feed_id=529&_unique_id=656a95ac4257b

Destruction of Over 105,000 ETH on the Ethereum Network Has Raised Supply Concerns
The destruction of over 105,000 ETH on the Ethereum network has raised supply concerns. Over the last month, the Ethereum network has destroyed an astounding 105,248 ETH. At the same time, 70,655 ETH have been issued, meaning that Ethereum supply has decreased by 34,579 ETH and amid this, Solana is still a solid rival. It is necessary to recognize the possible effect on Ethereum’s price because less supply frequently results in increased demand and price movements in an upward direction. But it’s important to understand that various things affect cryptocurrency pricing; the decrease in Ethereum’s supply is only one of […]
https://decentradecoded.com/ethereum-network/?feed_id=531&_unique_id=656e00fe2bd3b

Coinbase Help - How Long is Coinbase Verification Process Timeline?
Demystifying The Coinbase Identity Verification Process and KYC Timelines Receiving that pop-up requesting identity confirmation when accessing various Coinbase account features can be an opaque moment for cryptocurrency enthusiasts. How long precisely does the Coinbase verification process take to complete? The answer depends on several factors.  Why Coinbase Verification Process Requires Customer Due Diligence According to Coinbase Help, as a regulated brokerage enabling crypto deposits, buys through debit card and other payment methods, sells, and transfers, Coinbase must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations requiring customer identity validation. This mandatory process verifies users are who […]
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It's Still the Right Time to Invest in Ethereum (ETH) in 2023. Here's Why
According to a crypto analyst who makes a pretty strong case, Ethereum (ETH) may find long-term solid support in the $2,000 range, which suggests that it’s still the right time to invest in ETH. This range recently became a focal point for Ethereum’s consolidation, with trading activities contributing to increasing holders’ establishment of their cost basis within this band. The significance lies in understanding investor psychology, where the cost basis represents a crucial reference point. The Opportunity to Invest in ETH This price level becomes pivotal for investors, as their profit-loss dynamics can shift when the asset’s spot price revisits […]
https://decentradecoded.com/time-to-invest-in-ethereum-eth/?feed_id=537&_unique_id=656ff6db07678

Bitcoin Whales Are Returning to the Accumulation Game Amid Unexpected Price Increase
Unexpectedly, Bitcoin whales are returning to the accumulation game, supporting the current bullish momentum. The increase in spot purchasing is strengthening the recent bull rise. By the evening of December 5, Bitcoin had gained 5% more, pushing its price above $44,300. At $43,744, BTC was currently trading vigorously, with a market capitalization of $855 billion. Definite Increase in Bitcoin Whales Wallets Sentiment, a source of on-chain data, has discovered an interesting relationship between the behaviour of wallets that contain 100 or more Bitcoins and the increasing trend of cryptocurrency. After a significant drop on November 9th, the rebound of these […]
https://decentradecoded.com/bitcoin-whales-are-returning/?feed_id=539&_unique_id=6570b62f5840f

The SEC vs Ripple: A Legal Battle That Led to XRP's Delisting and Relisting on Coinbase
The SEC vs Ripple legal battle has been a hot topic in cryptocurrency. Ripple is a distributed ledger technology that aims to provide a more efficient, faster, and affordable payment network. XRP is Ripple's cryptocurrency token, which transfers funds across borders at a low cost.
However, the SEC filed a lawsuit against Ripple in December 2020, alleging that the company and its executives illegally sold XRP to investors without first registering it as a security. This legal battle has significantly impacted XRP's status on Coinbase, one of the largest cryptocurrency exchanges in the world.
https://decentradecoded.com/the-sec-vs-ripple-and-coinbase-battle/?feed_id=545&_unique_id=6576c9ce12224

The Impact of This Week's Economic Events on the Bitcoin Trajectory
The week starts with a busy economic schedule, and the early trading session indicates a decline in the cryptocurrency markets. The Federal Reserve’s policy meeting, along with the release of core CPI statistics, is a critical event on the horizon. As a result, it is essential to determine the impact of this week’s economic events on the Bitcoin trajectory. The Kobeissi Letter, a well-known macroeconomics publication, examines the crucial events influencing the financial market and offers insights into the significant economic milestones for the United States beginning on December 11. Notably, Bitcoin has already started a sharp decline, raising questions […]
https://decentradecoded.com/bitcoin-trajectory/?feed_id=547&_unique_id=6578f7655ffd2

Progressive Bill to Increase the US's Standing in the Blockchain Industry
With overwhelming support, the House Committee on Energy and Commerce passed a progressive bill to increase the US’s standing in the blockchain industry. The Deploying American Blockchains Act of 2023, also known as H.R. 6572, was overwhelmingly supported on December 5 during a thorough session that covered 44 legislative ideas. They cast a vote of 46-0 in favor of the legislation. Gina Raimondo, the U.S. Commerce Secretary, has a strategic mandate outlined in her 13-page pro-blockchain bill. Raimondo is specifically required to take “actions necessary and appropriate” to improve the competitiveness of the United States concerning the implementation, use, application, […]
https://decentradecoded.com/progressive-bill-in-the-blockchain-industry/?feed_id=549&_unique_id=6578f784bd7c4

El Salvador Has Gotten the Green Light for Its Volcano Bitcoin Bonds
El Salvador is getting closer to realizing its ambitious aim to issue volcano Bitcoin bonds, thanks to regulatory permission for the investment initiative. The Volcano Bond has gained approval from the Digital Assets Commission (CNAD), according to a recent announcement from El Salvador’s National Bitcoin Office (ONBTC). The country has gotten the green light for its Bitcoin bonds, representing a significant step forward for the project. In light of El Salvador’s pro-crypto position, the expected issue of these bonds is scheduled for the first quarter of 2024, which will mark the beginning of new capital market initiatives associated with Bitcoin […]
https://decentradecoded.com/el-salvador-volcano-bitcoin-bonds/?feed_id=551&_unique_id=6578f7a3aae7d