Bitcoin (BTC) has been on a bullish price movement for over a week, fueled by Donald Trump’s presidential election victory. The leading cryptocurrency has unlocked multiple all-time highs (ATHs), tapping $90,000 earlier today. Arthur Hayes, the co-founder of the BitMEX crypto exchange, believes that the crypto asset could attain a price height of $1 million...Read More
American crypto giant Coinbase has seen a resurgence in its stock price, climbing past the $300 mark for the first time since 2021. The rally was also witnessed in the stock of enterprise analytics firm and major Bitcoin (BTC) holder MicroStrategy, whose price hit a record high after surging to $344. Both developments followed a...Read More
About a week ago, bitcoin (BTC) shattered its March all-time high (ATH) of $73,737 as the crypto market got excited about Donald Trump’s win in the United States presidential elections. Since then, the crypto asset has recorded a new ATH almost every day; it was worth $87,100 at the time of writing after it was...Read More
Ethereum prices have surged a whopping 38% over the past seven days, outpacing Bitcoin’s gains, which were around 30% over the same period. Moreover, Ethereum’s market capitalization has increased by more than $100 billion in less than a week. To put this into perspective, this is more than Solana’s entire market capitalization. This has pushed the...Read More
Total crypto market capitalization hit an all-time high of $3.12 trillion during early trading in Asia on Tuesday, Nov. 12. This has now topped the $3.08 trillion market cap peak hit in November 2021, almost three years ago to the day. “Crypto market hits a $3 trillion market cap, returning to levels last seen in Nov....Read More
[PRESS RELEASE – Mendoza, Argentina, November 12th, 2024] In a big step for decentralized technology, Deutsche Telekom MMS has partnered with Meta Pool as part of its Enterprise Node Operator (ENO) program, becoming the first telecommunications giant to operate a validator node on the NEAR blockchain. This collaboration not only enhances NEAR’s network security and...Read More
Last week, the pro-crypto Republican presidential candidate Donald Trump won the United States election, paving the way for him to fulfill his many promises that could drive crypto adoption in the country. Following Trump’s election victory, Ark Invest CEO and founder Cathie Wood stated in a recent video that there is more clarity in the...Read More
Alameda Research, the trading arm of the bankrupt crypto exchange FTX, has filed a lawsuit against Aleksandr Ivanov, the founder of the Waves blockchain and its related entities. The court filing on November 10th revealed that Alameda aims to recover at least $90 million, which it states belongs to the firm and the debtors involved...Read More
Shares in MicroStrategy (MSTR) – the world’s largest corporate Bitcoin owner – have surged to a new all-time high for the first time in 24 years amid Bitcoin’s scorching post-election rally on Monday. MicroStrategy’s Triumphant Return On Monday, MSTR opened at $296 per share –roughly 10% above Friday’s close. Soon after, the stock climbed throughout...Read More
The cryptocurrency sector has notched a notable milestone in the just-concluded U.S. election, with more than 90% of industry-backed candidates sweeping through Congressional races. The performance comes after crypto Political Action Committees (PACs) raised more than $238 million for the candidates through corporate contributions and personal donations from major players in the space. Impressive Wins,...Read More
With former Donald Trump’s re-election to the U.S. presidency, Andreessen Horowitz, also known as a16z, is projecting a regulatory climate more favorable for the cryptocurrency industry. The venture capital firm believes this could transform most crypto tokens into “legitimate and lawful” financial tools. Innovation Within Regulatory Boundaries In a November 10 post, a16z acknowledged questions...Read More
Coinshares in its latest Digital Assets Fundflows Weekly Report revealed that the Digital asset investment products saw post-US election inflows of $1.98 billion, marking inflows for the 5th consecutive week. Notably, the year-to-date inflows have reached a new record of $31.3 billion. Along with the surge in prices, the Global assets under management also reached...Read More
With the level of regulatory clarity expected in the United States in the coming months, market analysts insist that investors not owning bitcoin (BTC) could become a liability in the future. According to a research report from the Bitcoin technology and financial services firm New York Digital Investment Group (NYDIG), market participants have no excuses...Read More
Crypto may soon witness a significant expansion in exchange-traded fund (ETF) offerings. Industry expert Nate Geraci has forecasted a potential uptick in spot crypto ETF filings this week involving major digital assets such as Ripple (XRP), Solana (SOL), and Cardano (ADA). A Strategic Moment for Issuers In a November 11 post on X, the ETF...Read More
[PRESS RELEASE – New York City, New York, November 11th, 2024] Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. By streaming messages, states, and logs over IBC primitives (equivalent to Web2’s TCP/IP), Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove...Read More
[PRESS RELEASE – WILLEMSTAD, Curacao, November 11th, 2024] Following the frenzy surrounding the 2024 U.S. presidential election, global leading crypto igaming platform BC.GAME has officially announced an exciting airdrop campaign aimed specifically at Polymarket users. This initiative will bring BC.GAME’s gaming entertainment together with the wisdom of Polymarket users, offering an opportunity for those who...Read More
After the US election, digital asset investment products attracted $1.98 billion in inflows, marking the fifth consecutive week of positive inflows. This resulted in year-to-date total inflows to hit a new record of $31.3 billion. Global assets under management also hit an all-time high of $116 billion following recent price increases. Trading volumes surged by...Read More
Dogecoin (DOGE) is on a roll. The OG meme coin crossed the $0.25 mark on November 10, 2024, for the first time in three years, then added another 25% in the last 24 hours to reach $0.28. Meanwhile, its market cap surged to a three-year high and is currently hovering near $42 billion. As a...Read More
The once-giant cryptocurrency exchange that went under just over two years ago, FTX, continues with its effort to claw back substantial funds from former investors. In its latest action, the Sam Bankman-Fried-founder company has gone after Binance and its former CEO, Changpeng Zhao. Bloomberg’s report indicates that the lawsuit filed by FTX’s lawyers seeks to...Read More
As Solana becomes the fourth biggest crypto, the SOL price hits a new 52W high and crosses the $200 barrier. With a bull run in action, the upside potential for Solana grows and aims for a price target of $250. Will the new crypto bull run result in a new all-time high for Solana in...Read More
Over the weekend, Shiba Inu (SHIB) pushed its way up the list of the largest cryptocurrencies by market capitalization, leapfrogging both Tron (TRX) and Toncoin (TON). The climb followed a positive performance over the past week, during which the dog-themed meme coin’s price surged by more than 70% at one point. SHIB Price Up 12%...Read More
Crypto markets have moved higher over the weekend with big gains for altcoins as Bitcoin pushed past $81,000 into new price discovery zones. Last week, two major catalysts kicked off the action with a sweeping victory for Donald Trump in the US presidential elections and the Federal Reserve cutting interest rates by a further 25...Read More
Animoca Brands – the Hong Kong-based Web3 giant – led the venture landscape in October, signaling broader ambitions across different sectors. Messari reported that Animoca made nine investments, surpassing other active entities such as CMS Holdings, which made seven, and Hack VC with six. Animoca Brands Pushes Venture Limits in October Traditionally known for its...Read More
The iconic NFT collection CryptoPunks appears to be making a comeback this year amidst the ongoing NFT bear market. According to CoinGecko, the CryptoPunks collection currently leads the NFT market with a 30.9% share among the top collections, a position it solidified after surpassing Bored Ape Yacht Club (BAYC) in May 2023. CryptoPunks Sees Resurgence...Read More
Medical diagnostics company Semler Scientific has acquired an additional 47 BTC for $3 million using operating cash flow since its previous disclosure in August. Alongside its third-quarter results, the company revealed that its bitcoin holdings have reached 1,058. This stash is worth around $80 million in total purchases as of November 8th due to recent...Read More
[PRESS RELEASE – Midland, Cayman Islands, November 10th, 2024] Suirum, the latest meme-themed sensation on the SUI blockchain, is thrilled to announce the upcoming launch of its $SUIR token on Cetus Protocol, following a presale that has raised over 67,000 $SUI, with a few hours left before the pre sale concludes. Suirum is the first...Read More
Although crypto investors are still on the sidelines due to the just-concluded United States presidential elections, CryptoQuant analysts say Bitcoin is showing strong fundamentals and follows a bullish pattern seen in previous U.S. elections. According to a weekly report, one positive fundamental from a valuation perspective is that BTC is currently fairly valued and not...Read More
After surging by more than 15% within a week, as well as breaking its March all-time high and charting several news ones, the latest at almost $80,000, bitcoin has become the focus of massive price predictions once again. While some come from questionable and unknown analysts and sources, one of the original bull cases –...Read More
In perhaps one of the most intriguing and important weeks for the US, local investors showed uncertainty at first but ultimately changed their sentiment toward the spot Bitcoin ETFs as the country elected a new president. Even the spot Ethereum ETFs saw some impressive net inflows for their own standard. BTC ETFs During Election Week...Read More
Following an impressive 46% rally in recent days, Dogecoin (DOGE) has been making waves in the crypto landscape. It now appears that the meme coin is poised for another massive rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. Dogecoin (DOGE) Technical Analysis and...Read More