This week’s Crypto Biz features Polymarket, BlackRock’s IBIT hitting $1B volume, Meta’s Llama joining the US military, Bitcoin miners posting production records in October and VanEck listing PYTH ETN.
Binance Labs ventures into DeSci with BIO Protocol investment
The decentralized science DAO supports healthcare efforts that might otherwise not attract sufficient funding and gives stakeholders a say in their management.
FTX tries to reclaim $11M from Crypto.com-controlled Alameda account
Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users.
Ethereum Analyst Sees Altseason Potential As BTS Is Still Outpacing ETH – Time To Buy Altcoins?
Ethereum has finally surged after breaking through a critical resistance level that had kept the price subdued since early August. This move has shifted market sentiment, as many investors and analysts previously doubted ETH’s potential in the…
Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals
Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported…
Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going
Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump's election victory, as bitcoin on Friday surpassed $77,000 for the first time
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.
Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New…
Ethereum Oversold? Researcher Predicts Speculative Surge Could Spark Market Revival
Ethereum has had a rough year, but recent insights from industry insiders indicate a possible comeback. Matthew Sigel, VanEck’s Head of Digital Assets Research, recently indicated that Ethereum is oversold. He thinks that raising speculative…
After lagging Bitcoin for most of 2024, Ethereum appears to be in the early stages of a bullish trend reversal. Here’s why traders are closely watching the ETH/BTC pair.
Bitcoin Skyrockets to Historic $77K – BTC Short Sellers Take a $24M Hit
At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $77,112 per coin. This latest peak redefined bitcoin’s USD value once again. Trading in the mid-$76,500 range, bitcoin gained about 1% over the…
Zimbabwe Imposes $50-$2,500 Licensing Fee on Whatsapp Admins to Curb Misinformation
Zimbabwe’s government has introduced a licensing requirement for Whatsapp group administrators to curb misinformation and enhance accountability on social media platforms. The licensing fee ranges from $50 to $2,500, depending on the type of…
Bitcoin has historically followed a familiar four-year cycle. Now, two years into the current cycle, investors are closely watching patterns and market indicators for insights into what the next two years may hold. This article dives into the…
Ether set for $3.2K breakout, Coinbase exec urges SEC reform: Finance Redefined
Trump’s presidential victory inspired a new wave of optimism, including predictions for an imminent Ether rally to $3,200 and hopes for a reform of the US SEC.
Cardano Price Prediction: Analyst Sounds Alarm Of Break Through Key Resistance, Why A Rally Could Follow
Based on chart indicators, the Cardano price has just broken through a key resistance, sparking the promise of a potential uptrend. While the cryptocurrency is gearing up for a possible bullish rally, a crypto analyst has also shared the downside…
Bitcoin’s Path to the Top: What It Will Take to Dethrone Silver, Apple, Nvidia, and Gold
At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets Sights on Silver in the Global Asset Race On…
TRON’s Memecoin Boom: SunPump, $SUNDOG, and Nexmate.AI Drive Ecosystem Growth
As the memecoin landscape continues to evolve, SunPump has become a crucial platform within the TRON ecosystem, driving engagement and supporting innovative projects. As TRON’s premier memecoin launchpad, SunPump provides creators with a…
Follow Frank on X. Now that Trump has been elected, Bitcoin enthusiasts and companies alike are more optimistic about the future of Bitcoin in the United States. We can clearly see this reflected in the price of bitcoin, which continues to reach…
Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far…
Tether expands into oil trading with $45M transaction
Completed in October 2024, the deal facilitated the transport of 670,000 barrels of crude oil and marked Tether’s entry into the commodity trading market.
Bitcoin Open Interest Soars As Top Crypto Breaks $76,000 – Details
Bitcoin has achieved new highs, surpassing $76,000 for the first time in history. This spike follows Donald Trump’s victory in the US presidential election, which many investors believe will create a more favorable atmosphere for…
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