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Police raid and alleged $78M bitcoin fraud rock India election Allegations of a $78 million crypto fraud and a police raid are rocking Assembly elections in India’s Maharashtra state, which are underway at press time. Maharashtra is India’s wealthiest state and home to the country’s financial capital, Mumbai. The ruling Mahayuti alliance, which includes prime minister Narendra Modi’s BJP party, faces main opposition from the MVA, a coalition that includes the NCP (SP). Just days before polling opened, a former police officer accused MP Supriya Sule of the NCP (SP) of misappropriating seized bitcoin to fund its election campaign . They claim that Sule and state Congress chief Nana Patole took bitcoin that had been confiscated by police from a 2018 fraud case. In 2018, crypto dealer Amit Bharadwaj was arrested by Pune police and his wallet containing Rs 6,600 crore ($78 million) was seized. The whistleblower claims that former Pune Police Commissioner, Amitabh G

A firm that has leveraged its belief in the leading cryptocurrency to unprecedented success, MicroStrategy (MSTR) has become a clear Wall Street favorite as it outperforms Bitcoin year-to-date. Indeed, the Micaehl Saylor-led company has strongly committed to a BTC accumulation strategy that has benefitted its position amid the asset’s ongoing bull run. The crypto reached an all-time high of $93,000 last week. Moreover, the increase in value has not deterred MSTR from continuing to buy the token. On Monday, Saylor announced that the firm had acquired another $4.6 billion worth of Bitcoin as it continues to enhance its overall exposure. Source: Exodus Wallet Also Read: MicroStrategy to Raise Another $1.75 Billion to Buy Bitcoin Institutional Investors Bet on MicroStrategy Amid Monumental 2024 The past 12 months have been truly transformative for Bitcoin. Indeed, the cryptocurrency has catapulted into another stratosphere of relevancy within the finance sector. Becoming the first crypto-b

With bitcoin nearing all-time highs and many commentators in disbelief as its price nears $100,000, Bitcoiners are harkening to an old Michael Saylor prediction: “All your models are destroyed.” The original point of Saylor’s declaration was to disavow pricing models that Hedgeye CEO Keith McCullough was espousing on his trading show. Saylor proposed to McCullough an example of a few billionaires spontaneously deciding to buy bitcoin. This exogenous shock to the relatively thinly traded bitcoin market would shatter all of the technical and correlative indicators popular among Hedgeye traders. In this way, bitcoin has a history of defying expectations and has survived numerous death pronouncements. As bitcoin proves its staying power over time, it tends to defy predictions that once captured the attention of large communities and technical analysts. Speculative Bitcoin Adoption Price Theory One early forecast for bitcoin assumed from its outset that there would soo

Donald Trump’s social media group Trump Media is in talks to acquire crypto trading venue Bakkt (BKKT), a crypto platform owned by Intercontinental Exchange. According to sources familiar with the matter, the US president-elect’s Trump Media and Technology Group is close to an all-stakes purchase in Bakkt. JUST IN: President-elect Donald Trump's $DJT in advanced talks to purchase crypto trading platform Bakkt. — Watcher.Guru (@WatcherGuru) November 18, 2024 The valuation for the purchase remains unclear, but Bakkt’s market capitalization stood at just over $150M on Monday. Trump Media and Technology is one of the biggest growing stocks since the US election, where the namesake man won the Presidential nomination. TMTG has a $6bn equity valuation, giving its management a considerable stockpile to make purchases like the one in Bakkt. With the President-elect’s recent decision to maintain his 53% stake in Trump Media, the purchase of Bakkt would solidify Trump’s next steps into cryp

Metaplanet to raise ¥1.75 billion (over $11.7) in bonds to buy Bitcoin (BTC). The publicly-listed Japanese company has also unveiled a shareholder benefits program. Metaplanet, a publicly-traded company listed in Japan, has announced plans to buy more Bitcoin (BTC) to add to its growing haul. On Nov. 18, the Tokyo Stock Exchange listed Bitcoin Treasury Company announced it was looking to raise ¥1.75 billion in bonds to buy the flagship cryptocurrency. The firm has issued one-year 0.36% bonds at ¥1.75 billion, approximately $11.7 million, and will use the proceeds to purchase more BTC. Currently, Metaplanet holds over 1,000 BTC. Metaplanet is Japan’s MicroStrategy Metaplanet’s board of directors resolved to issue the third series ordinary bonds during a meeting held on November 18, 2024, according to a regulatory disclosure. The bondholder will be EVO FUND, while the bonds will mature on November 17, 2025. In Oct., Metaplanet announced it had adopted ‘BTC

The Ripple price prediction shows that XRP is rising with a gain of 15.46% over the past 24 hours as it touches the resistance level of $1.161. Ripple Prediction Statistics Data: Ripple price now – $1.05 Ripple market cap – $59.79 billion Ripple circulating supply – 59.93 billion Ripple total supply – 99.9 billion Ripple Coinmarketcap ranking – #6 XRP’s journey highlights the potential rewards of early adoption of cryptocurrency. From its all-time low of $0.002802 in July 2014, XRP has soared by an incredible 37,126.4%, showcasing significant long-term growth despite being down 72.85% from its all-time high of $3.84 in January 2018. Recent 24-hour price activity, ranging between $1.01 and $1.18, reflects ongoing market dynamics. XRP’s price history underscores its resilience and importance in the crypto space, proving that timing and strategic investment are key in capitalizing on opportunities. XRP/USD Market Key Levels: Resistance levels: $1.150, $1.200, $1.250 Support l

Donald Trump has made many promises to get elected the next United States president, starting on January 20, 2025. Yet, the market is fairly skeptical, although partially optimistic, about whether Trump will keep his promises – pricing these events accordingly. Some of these speculations are open and running on the leading prediction market, Polymarket , which became popular during the elections. For example, the market sees a 91% chance of Trump implementing the deportation executive action in the first 100 days. Meanwhile, the end of the Ukraine war before the inauguration day has only a 14% chance of occurring, price wagers. Picks for you Why XRP could hit $8 after reclaiming a 3-year high 4 hours ago Here’s why this crypto startup foun

The ongoing legal battle regarding Elon Musk’s connection with Dogecoin has come to an end, as investors have withdrawn their appeal. Indeed, the lawsuit had accused the Tesla CEO of manipulating the price of DOGE, accusing fraud and insider trading. However, that has officially come to an end, with investors in the cryptocurrency withdrawing their appeal. Additionally, Musk and Tesla have withdrawn their motion to sanction the opposition legal team over the lawsuit. The case was previously dismissed on August 29th, when investors had sought to continue taking legal action against Musk. JUST IN: Investors withdraw appeal and legal motion against Elon Musk, accusing him of rigging Dogecoin $DOGE and conducting insider trading. pic.twitter.com/gYQ7UPLWkf — Watcher.Guru (@WatcherGuru) November 15, 2024 Also Read: Elon Musk Says Dogecoin Flat Inflation is a ‘Feature’ Not a Bug Elon Musk Dogecoin Lawsuit Officially Ends After Appeal Withdrawal There is no denying the connection between Elon

The DOG•GO•TO•THE•MOON price has surged 10% in the last 24 hours to trade at $0.004198 as of 2.50 a.m. EST on trading volume that surged 69% to $39.52 million. The project emerged with the intention of becoming the #1 meme coin on Bitcoin, with its sole mission being to go to the moon. So far, the project has made solid progress thanks to a recent listing on Kraken Exchange announced only yesterday, November 14. $DOG @LeonidasNFT perpetual futures now live and ready to trade! Why choose Kraken Pro futures: ☑️ 30+ collateral options ☑️ Diverse profit payouts ☑️ 250+ markets Open DOG perp: https://t.co/Fr1vP7ie2U *Geo restrictions apply pic.twitter.com/SRuvUAQk99 — Kraken Pro (@krakenpro) November 14, 2024 This, combined with the rising prices that took BTC to $93k per coin, has set an excellent environment for the DOG price to surge, as well. The project went up from a support at $0.0035 less than 12 hours ago to over $0.0045, after which the price settled at $0.004198, which

Today’s top crypto gainers showcase an exciting mix of momentum and innovation, led by Curve DAO, Bitcoin SV, Jito, and Fasttoken. From Curve’s scrvUSD launch to Bitcoin SV’s Teranode advancements, these tokens push boundaries and capture market attention. Jito’s pioneering MEV-driven DeFi model and Fasttoken’s unique PoSA mechanism show impressive growth, bringing fresh appeal to DeFi and blockchain enthusiasts alike. Let’s look into each token’s performance and market trends to discover what’s driving these top gainers today.   Biggest Crypto Gainers Today – Top List Let’s get a little teaser: Curve DAO Token leads today’s gainers with a 13.04% surge, trading at $0.314 after launching its yield-bearing scrvUSD stablecoin. Bitcoin SV follows, rising 8.17% to $64.09 on strong demand and Teranode innovation. Jito holds the third spot, up 4.02%, backed by its MEV-powered model generating $78.92 million in October fees. Lastly, Fasttoken climbed 3.62% to $3.15, gaining traction with it