Michael Saylor, an American businessman, CEO of software giant MicroStrategy and a well-known Bitcoin supporter, released a new post on the topic of the main cryptocurrency.

TL;DR Mekong testnet launched as a testing platform for the Pectra fork changes on Ethereum. The testnet is designed for wallet developers and stakers to test new features before their implementation on Ethereum Mainnet. Mekong is temporary and will not affect other Ethereum networks like Holesky or Sepolia.

The Ethereum Foundation has released the Mekong Testnet in preparation for the Pectra fork upgrade.

One of the most hotly-anticipated legislative developments would be the adoption of the Bitcoin Act, introduced by U.S. senator Cynthia Lummis (R-Wyo.

In a recent report, JPMorgan analysts indicated that Donald Trump's victory in the U.S. presidential election may favor both Bitcoin and gold as part of what they call the "debasement trade.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a cornerstone of the cryptocurrency market. Recently, it saw a notable 8.8% price increase in just 24 hours. This has led experts, like Matthew Sigel, Head of Digital Assets Research at VanEck, to believe that Ethereum may have been oversold.

The Ethereum Foundation has introduced the Mekong Testnet, a short-term testing environment designed to allow developers to explore new features from the upcoming Pectra upgrade before its mainnet release. In a blog post on Nov. 7, the Foundation said the Mekong Testnet incorporates all Ethereum Improvement Proposals (EIPs) intended for Pectra.

The cryptocurrency market has undergone a notable spike, rising 7.41% in the last 24 hours and raising the entire market capitalization to $2.46 trillion. Along with this, trading volumes have increased by 128.03%, totaling $192.7 billion.

More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.

Ethereum Foundation launches Mekong testnet for devs to experiment with new features before the Pectra hard fork.

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 7, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Investors are betting on BTC's ability to rise higher, but the psychology and timing of the market will be critical in determining its next move.

The Bitcoin price has now returned into a full bullish sentiment now that the crypto fear and greed index has flipped into greed. This shift reflects growing confidence among investors as optimism takes hold in the cryptocurrency market.

The United States could establish a strategic Bitcoin reserve within the first 100 days of President-elect Donald Trump's administration, according to a key insider. David Bailey, CEO of BTC Inc.

In the latest development, the Ethereum Foundation has announced the launch of the Mekong testnet, marking a significant step towards the upcoming Pectra fork.

Ethereum Foundation on Thursday announced launch of its first short-lived Pectra testnet ‘Mekong.' This testnet includes all the EIPs proposed for the upcoming Pectra upgrade on the Ethereum network.

She said that when the next Congress starts, with Republicans in control, they plan to build a strategic Bitcoin reserve. This is exciting news for Bitcoin fans, as it could mean the U.S. government will hold a large amount of Bitcoin as part of its official reserves.

The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.

Ethereum developers have introduced a temporary test network named Mekong for next year's Pectra upgrade.

Fidelity bought $308 million worth of bitcoin on Wednesday as price reached a new all time high above $76,000.

Get more Crypto Updates https://www.youtube.com/channel/UCUv89KvVvjuH-NngyBhfwTg/about Are NFTs dead? Think again!

Following Donald Trump's election victory, Bitcoin spot ETFs recorded $622 million in inflows on Nov. 6 amid expectations for a more crypto-friendly environment under the new administration. What Happened: The Fidelity ETF (CBOE: FBTC) led with $309 million, while Bitcoin spot ETFs overall recorded a daily turnover of $6.07 billion—the highest since March, according to data from SoSo Value.

Today, Bitcoin has recovered and reached a high of $75,714. The market reacted immediately when the US election process ended with the election of Donald Trump as president.

The cryptocurrency market is filled with excitement after Bitcoin surged to a new all-time high, reaching $76,200. Many are speculating that former President Donald Trump's recent victory in the U.S. presidential election could be the catalyst for Bitcoin and other cryptocurrencies to soar even higher.

Bitcoin whales—large investors with substantial holdings—are stepping up their acquisitions, adding over $132 million worth of Bitcoin in the wake of projected results from the 2024 U.S. presidential election. Anticipation of a Trump victory has stirred optimism in risk-on assets like Bitcoin, drawing in high-profile investors as the cryptocurrency market leans bullish.

Data shows the cryptocurrency derivatives market has suffered a large amount of liquidations following Bitcoin's rally to its new all-time high (ATH).

With Donald Trump now elected as the next U.S. president, market sentiments have turned positive as experts foresee Bitcoin crossing major benchmarks by 2025. Moreover, JPMorgan analysts envision a strong outlook for both gold and bitcoin.

Ethereum has launched the “short-lived” Mekong testnet to test key upgrades for the upcoming Pectra fork.

While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.

TL;DR Bitcoin Surges Past $75,000: Following Donald Trump's election victory, Bitcoin's price jumped nearly 8%, reaching over $75,000, as investors anticipate a favorable regulatory environment for cryptocurrencies under his administration.

Check out how high ETH's price may jump in the following months (according to some popular analysts).

Two long-term Ethereum whales from the ICO era re-emerged, collectively selling 33,701 ETH worth $89.11 million as the ETH price rallied to $3,000.

Samson Mow, a Bitcoin maximalist and CEO at the JAN3 company, has published a tweet that shares an optimistic take on the Bitcoin price's near future.

The crypto market now eagerly awaits the US FOMC and Fed Chair Jerome Powell's speech as optimism soars after Donald Trump's presidential win. The investors are betting towards a 25 bps Fed rate cut later today, with many anticipating these developments to send Bitcoin price to $100K soon.

TL;DR On November 6, 2024, Spot Bitcoin ETFs saw a significant surge in inflows, totaling $622 million, marking a record daily turnover of $6.07 billion, led by BlackRock and Fidelity. BlackRock's iShares Bitcoin Trust (IBIT) set a new record with a daily trading volume exceeding $4.

Bullish momentum continues to dominate BTC's price chart.

As the market pauses to catch its breath, the $BTC price is currently consolidating around the $75,000 price level. With a marked positive change towards Bitcoin about to be implemented, as the new Trump administration begins its tenure in January, could $BTC surge into the end of the year?

According to James Butterfill, CoinShares' Head of Research, Donald Trump's administration is expected to create a more supportive environment for Bitcoin's growth and adoption.

Justin Sun, the creator of the Tron blockchain, and now the owner of two exchanges – Huobi and Poloniex – has shared a bullish outlook for the near future of the cryptocurrency market, specially stressing the second largest cryptocurrency Ethereum.

Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.

Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.

BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.

A lot of movement in dormant Ethereum (ETH) wallets has been seen lately as longtime holders take advantage of recent price spikes. First, Spot On Chain announced that two major Ethereum holders sold a total of 33,701 ETH, which is worth about $89.72 million.

BlackRock's iShares Bitcoin Trust (IBIT) hit a record trading volume of over $4.1 billion following Donald Trump's presidential election win.

Just as Donald Trump seized a decisive victory for the Republican party yesterday, the crypto community is now looking forward to the United States building a Bitcoin strategic reserve. During his election campaign, Trump actively backed BTC and even floated the idea of holding it as a reserve and writing Bitcoin cheques to reduce the

Ethereum is on the move! After breaking past a key resistance level, Ether's price is now aiming for the $3,000 mark.

Binance, one of the world's largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks.