As far as winners go, Trump wasn't the only one emerging victorious on Election Day, with predictions markets seemingly vindicated.
The Kenyan government collected $77.5 million tax revenue from cryptocurrency traders in the last fiscal year. Kenya Seeks $465 Million in Crypto Taxes The Kenyan government collected $77.5 million (10 billion shillings) in taxes from cryptocurrency traders during the 2023-24 financial year, Anthony Mwaura, head of the Kenya Revenue Authority (KRA), recently disclosed.
As the final votes come in, over 250 pro-crypto candidates are projected to win, signifying a new era for digital assets legislation.
Previously called Onyx, JP Morgan has refreshed its network under the Kinexys name as it rolls out new infrastructure and capabilities.
DailyCoin takes a look at some of the bold crypto promises the President-elect made on the campaign trail.
Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump's Nov. 5 US election win.
While none of the big three crypto super political action committees (PACs) — Fairshake, Protect Progress and Defend American Jobs — donated to a US presidential candidate, they did support several congressional efforts.
The U.S. cryptocurrency industry emerged victorious on election night as the country voted into office than 250 pro-crypto Congressional candidates and helped reelect former President Donald Trump.
Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Trump would win despite concerning polls.
In the past 24 hours, Binance has set a new record as the market sentiment shifts and Bitcoin (BTC) the world's largest digital asset, hit its all-time high. Binance's $8.
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Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025.
With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”
The U.S. Securities and Exchange Commission (SEC) has filed a motion seeking judgment in its case against cryptocurrency exchange Kraken, focusing on defenses such as “fair notice” and the “major questions doctrine.” This move, led by SEC Chairman Gary Gensler's team, aims to limit further discovery into the agency's regulatory policies, particularly those affecting the
JPMorgan has developed instant dollar-euro settlements using its Kinexys blockchain, with the new feature slated to go live in the coming months. According to a Bloomberg News report, the bank will leverage its proprietary JPM Coin to facilitate fast, secure transactions for participating institutions.
Mark Cuban congratulated Donald Trump on November 6 for defeating Democratic pick Kamala Harris in the 2024 U.S. presidential election. The post Billionaire Crypto Investor Mark Cuban Congratulates Donald Trump On Presidential Win appeared first on Cryptonews.
Memecoins styled after the president-elect refused to join the market rally, instead taking a sharp dive.
A crypto custody business that's majority-owned by the world's 44th-largest bank is reportedly planning to raise more capital. Bloomberg reports that Zodia Custody Ltd, a subsidiary of Standard Chartered, is in talks to secure approximately $50 million in funding from investors.
As Donald Trump secured his return to the presidency for the 2025-2029 term, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, expressed a bullish outlook for the cryptocurrency market, proclaiming it has entered a “golden age.
Analysts for the crypto exchange Bitfinex anticipate a rise in capital inflows following the reelection of Donald Trump in the United States.
The 47th president of the United States, Donald Trump, made a number of bold promises to the crypto community during the Bitcoin Conference 2024 through interviews, rally speeches, and social media posts. Some of his supporters, however, remained skeptical about his ability to deliver on each one as he awaits his inauguration.
Bitwise CIO Matthew Hougan said in a Nov. 6 memo that Donald Trump's victory in the US presidential elections will catalyze a “Golden Age of Crypto” as the new administration is set to improve the regulatory landscape. Crypto markets rallied significantly as Trump's odds of winning the election climbed above 95% on prediction markets.
The crypto sector was exhilarated by the sweeping victory of Republican candidate Donald Trump in the presidential race. Bitcoin's record high buoyed DOGE and SOL gains among major tokens as the overall market rallied with the election results.
According to Jeff Lunglhofer, Coinbase's chief information security officer, social engineering scams are currently the biggest threat to crypto users and holders. Lunglhofer spoke to crypto.
Bernstein on Wednesday asserted that regulatory headwinds have transformed into tailwinds, following Donald Trump‘s victory in the U.S. presidential election. What Happened: "The market is nowhere close to factoring in this shift," stated Bernstein in its report on Wednesday.
Crypto markets surged Tuesday night as Bitcoin hit a new all-time high above $75,000, following NBC's projection of wins for former president Donald Trump.
CCData has just released the October 2024 edition of its popular and highly-respected Exchange Review report. CCData is a Financial Conduct Authority (FCA)-authorized benchmark administrator and global leader in digital asset data and publishes comprehensive Exchange Review reports monthly.
Meme coins are the current rave in the crypto industry. However, question marks remain over their long-term viability. Meme Coins: Next Big Thing or Exit Liquidity for Cabals? Meme coin traders, hold your seats. According to a recent publication by Binance Research, 97% of meme coins are already dead with almost $0 of trading volume.
Bitwise CIO forecasts transformative regulatory shifts and market growth as Trump's win may signal a golden age for crypto. The post Bitwise CIO sees crypto's golden age beginning with Trump's win appeared first on Crypto Briefing.
FTX Europe, faces extended suspension following a recent notice from the Cyprus Securities and Exchange Commission (CySEC).
The American political scene has always managed to capture the world's attention, but the Trump-Musk alliance seems to defy all expectations. Amid electoral promises, media stunts, and entrepreneurial ambitions, these two figures continue to surprise.
The global crypto ATM market is poised for major growth over the next decade, according to a new report by Research and Markets. The sector, which reached $87.35 million in 2023, is forecast to expand at a compound annual growth rate (CAGR) of 45.7% to reach $2.58 billion by 2032.
The U.S. Securities and Exchange Commission (SEC) may see a leadership change as early as April or May 2025, following historical patterns that typically see the chair stepping down as new administrations take office. What Happened: According to a 10x Research report, Gary Gensler, the current SEC chair, is expected to step down soon after the presidential transition, allowing the incoming administration to appoint a new leader aligned with its policy goals.
Pump.fun, the platform where anyone can create and launch a token on Solana, has recorded a new monthly all-time high in revenue generated with $30.5 million.
Analysts expect a broad market rally and changes in SEC leadership. Trump's crypto policies include a bitcoin strategic reserve, banning a central bank digital currency and freeing Ross Ulbricht.
TL;DR Revolution in the crypto market: Bitcoin has reached a new all-time high of over $75,000, driven by Donald Trump's victory as a key factor. Capital flows into BTC have increased significantly since September, reaching a record level of $656 billion in “Realized Cap.
Democrat Elizabeth Warren will serve her third senate term, beating John Deaton, a well-known crypto advocate. Warren, a progressive Democrat, was projected the winner by the Associated Press immediately after counting 50% of the total votes.
The cryptocurrency community's attention is on President-elect Donald Trump and whether he will keep his promises to make the United States a hub for digital asset innovations.
The stablecoin issuer Paxos partnered with the crypto exchange Kraken, the retail trading giant Robinhood and a handful of other digital asset firms to launch a new stablecoin network for enterprises.
Paul Giordano, vice president of digital assets at MARA, recently shared his perspective on the surge of institutional adoption of blockchain ahead of the upcoming Benzinga Future of Digital Assets event. He highlighted how major players like BlackRock and PayPal are leveraging blockchain technology, a development he believes will profoundly impact the cryptocurrency market.
JPMorgan has rolled out a significant upgrade to its blockchain platform, and as part of this effort, the company is rebranding it from Onyx to Kinexys. The bank also revealed plans to introduce on-chain foreign exchange capabilities on the Kinexys platform by Q1 2025.
As blockchain technology continues to make inroads into traditional finance, major institutions are showing renewed interest in adopting decentralized systems. Ahead of his appearance at the upcoming Benzinga Future of Digital Assets event , Anthony Moro, CEO of Provenance Blockchain Labs, spoke on why firms such as BlackRock and PayPal are increasing their focus on blockchain technology and what this shift could mean for the industry.
The perps trading exchange is expected to go live next week, marking Arkham's first foray directly into crypto trading.
In a research report on Thursday, Bernstein analysts expect a new “crypto-friendly” SEC Chair and Senate Banking Committee to accelerate regulatory clarity for the industry after Donald Trump's win in the US Presidential election. The U.S.
TL;DR Sonic Labs will take a snapshot on December 1, 2024, for users who hold the full set of six Shards, allowing them to access a future airdrop. The Sonic Shards have been collected through weekly challenges and can also be purchased on secondary marketplaces such as PaintSwap.
CNBC's MacKenzie Sigalos joins 'Squawk on the Street' to discuss how crypto is reacting to the election.
In a push to make stablecoins more accessible globally, crypto giants Robinhood, Kraken, and Paxos have teamed up to launch the Global Dollar stablecoin network.