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…
Ethereum Foundation: ETH Holdings in Treasury Represent 0.26% of Total Supply
The Ethereum Foundation has released a report detailing its $970.2 million treasury, primarily held in ether. The report outlines the foundation’s strategy of selling ETH during bull markets to fund ecosystem projects during bear markets…
Crypto-backed candidates notch more wins as House results trickle in
Either Republicans or Democrats could have control of the House of Representatives in 2025, but a majority of lawmakers favoring crypto policies will still be in Congress.
$9.3B stablecoin exchange inflows have traders bracing higher Bitcoin prices
Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump’s presidency.
Bitcoin Price Keeps Rising: BTC Tops $75,000 and Pepe Unchained ICO Reaches $25.5 Million
Bitcoin (BTC) smashed through $76,000 yesterday and has remained above this key threshold following Trump’s election win this week. Meanwhile, new meme coin project Pepe Unchained (PEPU) has just hit $25.5 million in its ICO – with…
QCP Capital: Trump’s Election Win Impacts Crypto and Treasury Markets
QCP Capital reports that the 2024 U.S. presidential election outcome is significantly influencing both cryptocurrency and treasury markets. QCP Highlights Trump Victory’s Effect on Bitcoin and Treasury Yields Highlighting a Positive Feedback…
Bitcoin ETFs See Historic Surge – Institutions Go Bullish On BTC With $1.38 Billion Record Inflows
Yesterday, Bitcoin had one of its most bullish days in history, skyrocketing past its all-time high to reach $76,990. This new milestone has ignited widespread excitement and confidence among investors, who now see the potential for further gains. …
Galaxy set for more gains after 25% rise on Trump win: Analyst
Donald Trump’s Nov. 5 win in the United States presidential election sets the stage for more institutional cryptocurrency adoption, according to a Benchmark research note.
I, like many of you, am processing the results of the recent U.S. election in which Donald Trump won handily both the electoral college and popular vote. As pundits discuss, left mainstream media personalities mourn, and yes many Trump supporters…
Trump and Musk’s Proposed ‘D.O.G.E’ Agency Sends This Meme Coin Soaring
With Donald Trump winning the presidential election and Elon Musk set to head the administration’s newly proposed Department of Government Efficiency (D.O.G.E) agency, a meme coin with the same acronym has made a significant leap in value…
German Government Collapses, Plunging Economy Into Unprecedented Uncertainty
Germany’s economic troubles deepen as the ruling coalition disintegrates, exacerbating issues like shrinking investment and consumer confidence. Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner, signaling a potential snap…
Large Transaction Volume Crashes 36% In 24 Hours As Dogecoin Price Fails At $0.2, Are Whales Selling?
The recent Dogecoin price rally appears to be losing steam following an impressive surge that pushed its price above $0.21 for the first time since April to mark a notable seven-month high. This intense week of upward movement has been followed by…
LBank’s First Launchpool: Join Cellula (CELA) and Earn Rewards With No Staking Required
PRESS RELEASE. LBank, as a leading global cryptocurrency exchange, has recently unveiled the introduction of Cellula (CELA) on its Launchpool. The CELA sale is scheduled from November 8 to November 14, with its listing on LBank spot market set for…
The election is over, and Trump is now going to be President again. He pulled off something that hasn’t been done since Grover Cleveland in the 1800s, a successful re-election following a loss after his first term. People all of this space are…
OpenAI dodges copyright lawsuit over use of news articles in AI training
A New York federal judge dismissed a copyright lawsuit against OpenAI over its use of news articles for training ChatGPT, but plaintiffs hint at a potential revised filing.
SOL, ADA, and CRO Rally as Altcoin Momentum Picks Up—Is This the Start of Altcoin Season?
While bitcoin catches its breath after its recent ascent past record highs, other digital assets are enjoying a Friday boost. Altcoins Surge Ahead as Bitcoin Takes a Breather: SOL, CRO, and Meme Coins Lead the Pack As of Nov. 8, the crypto market…
Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial
The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.
First Mover Americas: BTC in Price Discovery Mode Following Record High
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Swiss National Bank Chair Flags Crypto Risks, Calls Bitcoin and Ether a ‘Niche Phenomenon’
Swiss National Bank (SNB) Chairman Martin Schlegel has cautioned about cryptocurrencies like bitcoin and ether, describing them as volatile and energy-intensive, and highlighting links to illegal activities that complicate regulation. Speaking at…
Trump’s Crypto Aide: U.S. Should Act Quickly to Incorporate a Strategic Bitcoin Reserve
With Trump’s crypto allegiance and his new status as President-Elect of the U.S., talks of establishing a strategic bitcoin reserve have surged. While this can be achieved in several ways, Trump’s cryptocurrency aide and CEO of…
Cardano (ADA) Price Surges 32% In 4 Days: Here’s Why
Cardano (ADA) has experienced a significant surge over the past four days, with its price increasing by an impressive 32%. In the last 24 hours alone, ADA has climbed 16%, boosting its market capitalization to $14.932 billion. This surge has…
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