November 5, 2024

Crypto and Fintech Leaders Launch Global Dollar Network and USDG Stablecoin

On Nov. 5, crypto, venture capital, and fintech firms Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood announced the launch of the “Global Dollar Network.” The partners are combining resources and expertise to increase stablecoin adoption and expand real-world use cases with the launch of the Global Dollar USDG stablecoin. Paxos will be...
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Michigan State Retirement Fund Now Holds More Ethereum Than Bitcoin

The State of Michigan Retirement System (SMRS) has significantly increased its Ethereum (ETH) holdings, raising its investment to $10 million and surpassing its Bitcoin (BTC) allocation. This move makes Michigan the first U.S. state pension fund to invest in an Ethereum-based exchange-traded fund (ETF). Michigan Pension Fund’s Crypto Portfolio SMRS, which boasts more than $13...
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FLOKI Announces Dubai Takeover with WAFI Mall Campaign

[PRESS RELEASE – Miami, Florida, November 5th, 2024] FLOKI is thrilled to announce its latest marketing push, a four-week campaign at the iconic WAFI Mall in Dubai. From November 8 to December 5, FLOKI’s brand presence will light up 18 digital screens across one of Dubai’s most renowned shopping destinations, marking a major part of...
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Bit Rivals: GameFi Presale Launching on Gempad

[PRESS RELEASE – Kingstown, St Vincent and the Grenadines, November 5th, 2024] Bit Rivals, an innovative gaming platform that bridges AAA and web3 gaming, is launching its presale on Gempad, starting November 6th, 2024. With a unique approach that simplifies web3 integration for all gamers, Bit Rivals aims to expand GameFi’s reach by making blockchain...
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Mt. Gox Shifts $2B in BTC to New Accounts Amid Ongoing Debt Settlements

Defunct Bitcoin exchange Mt.Gox has moved 32,371 BTC worth an estimated $2.19 billion to three new addresses. Several on-chain transaction trackers caught the movement, including Spot On Chain and Arkham Intelligence. Bitcoin Transferred to New Wallets Spot On Chain’s data shows the platform initially moved 30,371 BTC to a wallet starting with 1FG2…Rveoy. It then...
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Xinteria Surpasses $1 Billion in Trading Volume, Unveils Innovative Market-Making Technology

[PRESS RELEASE – NY, United States of America, November 5th, 2024] Leading DeFi Market Maker Seeks New Clients Amidst Technological Advancements Xinteria, a pioneering decentralized finance (DeFi) company specializing in market making, announces that it has surpassed $1 billion in trading volume. This significant milestone demonstrates Xinteria’s role in shaping the DeFi landscape and its...
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SynFutures Introduces the First ‘Perp Launchpad’ with $1M Grant to Support Emerging Token Projects

[PRESS RELEASE – Hong Kong, Hong Kong, November 5th, 2024] The new product enables anyone to launch perpetual futures markets for any asset, fostering innovation in the DeFi space amid the rise of memecoins and long-tail assets. SynFutures, a leading decentralized derivatives protocol, today announced the launch of its Perp Launchpad, the first launchpad product...
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Bitcoin Mining Difficulty Reaches New High at 101.6T

Recent data shows that the Bitcoin (BTC) mining difficulty has reached an all-time high of 101.65 trillion at block 868,958. This jump comes barely two weeks after the metric hit its previous high of 95.67 trillion. BTC Mining Difficulty Up Nearly 15% According to Bitcoin analytics platform CoinWarz, BTC’s mining difficulty has sharply increased to...
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Electrifying Week: Bitcoin Sees Muted Volatility as Investors Await US Election Outcome (Bitfinex)

With the United States presidential election a few hours away from conclusion, crypto investors are exercising caution, which is evident in the low volatility in the bitcoin options market. Crypto exchange Bitfinex’s analysts reported that crypto investors have adopted a wait-and-see approach, expressing a lack of market confidence in BTC’s current price movements. Investors Await...
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British Pension Firm Makes First Direct Allocation to Bitcoin

British pension firm Cartwright has advised the allocation of 3% BTC to an unnamed pension fund, which has invested directly in the asset rather than via an exchange-traded fund. The company is now urging institutional investors to allocate assets into Bitcoin, according to a Nov. 4 report from industry magazine Corporate Advisor. As a percentage,...
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Meme Coins Rising: SHIB and MOG Set for Moonvember Rally?

The crypto market is experiencing volatility amid the US elections. The BTC price is back to $68k as the FUD surges. Under such conditions, SHIB and MOG are rising against the bearish tide, with intraday gains teasing the continuation of the uptrend.  With a golden crossover in SHIB and MOG ready for a bullish comeback,...
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What Happened With Bitcoin, Ethereum ETFs on Last Trading Day Before US Elections?

November 5 is finally here, and all eyes are on the United States as the country elects its next president – whether it will continue with its Democratic views as it did during the past four years or it will go back to the previous cycle when Republican candidate Donald Trump was in charge. As...
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EarnBet.io Sets New Benchmark with $2 Billion in Player Winnings and Unmatched Rewards Programs

[PRESS RELEASE – Willemstad, Curaçao, November 4th, 2024] EarnBet.io, a leading online crypto betting platform, proudly announces that it has surpassed the $2 billion mark in player winnings and rewards. This achievement underscores the platform’s rapid growth and unwavering commitment to delivering a unique gaming experience. EarnBet is a dedicated and innovative gambling platform that’s...
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These 2 Exchanges Lead in Bitcoin Reserve Growth Since FTX’s 2022 Collapse

The FTX collapse of November 2022 continues to serve as a stark reminder of the necessity for rigorous asset monitoring. This event catalyzed a shift toward transparency, with crypto exchanges now disclosing more about their reserves and user fund management. As November 6th marks two years since the collapse, only Bitfinex and Binance witnessed their...
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Bitcoin (BTC) $ 95,298.53 2.26%
Ethereum (ETH) $ 3,298.46 2.69%
Tether (USDT) $ 1.00 0.03%
XRP (XRP) $ 2.22 1.61%
BNB (BNB) $ 655.49 1.88%
Solana (SOL) $ 181.64 2.64%
Dogecoin (DOGE) $ 0.31234 4.37%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,292.37 2.81%
Cardano (ADA) $ 0.887383 3.67%