While Bitcoin (BTC) attempted a breakout already as Americans were casting their ballots, the true rally came once President-Elect Donald Trump's lead in the electoral college started becoming overwhelming.

Transfer volume on the Solana blockchain exploded recently and surged to multiple times higher than the total SOL market cap, according to the crypto analytics firm Glassnode.

This unstoppable cryptocurrency is one of the best-performing assets in recent memory.

Solana's blockchain ecosystem has recently experienced a remarkable surge in liquidity, with more than $600 million bridged into the network in October 2024 alone. What's even more striking is that over 90% of this influx came from Ethereum (ETH), highlighting a growing trend of cross-chain collaboration and the shift toward Solana as a low-cost, high-speed alternative in decentralized finance (DeFi), NFTs, and other blockchain applications.

Donald Trump's recent win in the U.S. election has got the crypto market buzzing with greener candles on the charts. As a result, the market sentiments have turned to “Greed” from “Neutral” in just a few hours. The market cap of the industry has recorded a notable rise of 7.41% in 24 hours to $2.

In the wake of Trump's win, Bitcoin whales have ramped up their holdings, expecting positive market conditions under his presidency.

Balchunas believes that Bitcoin makes gold seem as conservative as a money market fund.

TL;DR Helio Pay has enhanced its Solana Pay integration on Shopify, now supporting Bitcoin, Ethereum, and various Layer 2 solutions, providing merchants with a broader range of cryptocurrency payment options.

Key Points:

Donald Trump has been elected as the 47th President of the United States, defeating his Democratic opponent Kamala Harris . Trump's victory propelled Bitcoin (CRYPTO: BTC) to a new all time high of $75,358 on Wednesday morning, driven by market excitement over the election outcome and expectations for a more favorable cryptocurrency policy under the new administration.

Bitcoin has rocketed higher as Donald Trump clinched victory in the U.S. presidential election, setting up a "perfect storm" for the bitcoin price in weeks ahead.

Ki Young Ju confirms that the likelihood of BTC climbing 30-40% from its current levels is very high.

Bitcoin-backed loans are rapidly emerging as a financial tool for institutional investors seeking innovative ways to leverage their digital assets. This year, Bitcoin's growing appeal as collateral is redefining the financing landscape, offering investors access to substantial liquidity without selling their assets.

The 2024 US presidential election has brought a new wave of optimism for the cryptocurrency industry, with former President Donald Trump re-elected as the 47th president. Known for his support of Bitcoin and blockchain innovation, Trump gained significant backing from the crypto community during his campaign by making substantial promises to bolster the sector.

Ethereum's netflows and Bitcoin's ATH hint at growing investor interest. As sentiment builds, will Ethereum follow Bitcoin's lead?

Bitcoin (BTC) whales appear to be offloading some of their holdings ahead of the closely contested 2024 US presidential election. 2% Fall In BTC Held By Whale Addresses In a post on X, crypto analyst Ali Martinez shared that Bitcoin whales – wallet addresses holding a significant amount of BTC – are “dialing back exposure” ahead of what is likely to be a very closely contested US presidential election.

Solana (SOL) volume has risen to a three-month high of $8.33 billion following reports that Donald Trump is set to be announced the winner of the November 5 US presidential elections. This development also comes with a notable 11% price increase for the altcoin within the last 24 hours.

The US election results are finally out with Donald Trump taking an insurmountable lead. He had promised to make the US a crypto-friendly nation.

This idea comes as Bitcoin's growth gives the U.S. a unique opportunity to boost its economic strength and energy dominance. It also provides a chance to enhance its global influence in the digital age.

Large Bitcoin (BTC) investors, colloquially known as whales, are seemingly accumulating the cryptocurrency at a rapid pace as Republican candidate Donald Trump has won the US presidential election in what was deemed a “historic comeback.

Today, the price of the major cryptocurrency Bitcoin (BTC) set a new all-time high above $75,000, with an increase of almost 7.2% since the beginning of the week, and we are talking about a $1.45 trillion asset. As a result, the entire crypto market went up, and its total market capitalization, represented by the TOTAL index, rose to its highest level since June at $2.457 trillion.

Solana's climb has now placed it as the fourth-largest cryptocurrency position, following only Bitcoin (BTC), Ethereum (ETH), and Tether's USDT.

Solana's native digital asset (SOL), has jumped 17% in the last 24 hours, reaching a market value of $87.3 billion and passing Binance Coin (BNB) to become the fourth-largest cryptocurrency. This rise follows Donald Trump's recent election win, which has sparked hope for a Solana ETF approval.

Solana price went vertical on Wednesday, November 6, as cryptocurrencies welcomed Donald Trump's win. It jumped to an intraday high of $188.40, its highest level since July 29 as a popular Wall Street analyst predicted a SOL ETF approval in the incoming administration.

This morning, Solana (SOL) woke up as the fourth most valuable cryptocurrency after surpassing Binance's BNB Chain (BNB) in capitalization. The surge happened as the United States elected Donald Trump as its next president – an outcome expected to favor cryptocurrencies.

Pro-crypto candidates lead US elections, boosting Bitcoin to record highs amid growing optimism for crypto-friendly policies under potential Trump presidency.

Bitcoin (BTC) held steady on Wednesday after a notable 6% gain over the past 24 hours, reaching a new all-time high of $75,361 and lifting its market cap close to $1.5 trillion, according to CoinMarketCap.

Spot Bitcoin exchange-traded funds (ETFs) saw net outflows totaling $116.8 million in a cautious response to the U.S. election day. The post Spot Bitcoin ETFs See $116.8M in Outflow as Investors Turn Cautious on Election Day appeared first on Cryptonews.

The Federal Energy Regulatory Commission (FERC) stopped an Amazon AI data center from drawing more power from Talen Energy's Susquehanna plant in Pennsylvania.

The crypto market has experienced a significant uptrend over the past few hours. With Donald Trump winning the U.S. election 2024, the Bitcoin price has achieved a new ATH above the $75k level. Following this, the Ethereum price has surpassed the $2.6k range.

The market participants have become extremely bullish over the crypto space, with Donald Trump winning the U.S. presidential elections. The Bitcoin price surged to hit a new ATH above $75,000, which helped the Solana price rise above $180 with enough bullish support. Besides, the DeFi TVL hits $6.

The U.S. election heats up, cryptocurrency markets are experiencing a surge in volatility, but one altcoin in particular—Solana (SOL)—has been attracting significant institutional attention. In fact, Solana's price movements are starting to reflect a broader sense of optimism from major investors, with $5.7 million in institutional inflows recorded just recently.

The popular crypto payment system, which was first built on the Solana blockchain, has just expanded to support Bitcoin, Ethereum, and Layer 2 (L2) solutions. This is a big deal for both merchants and customers.

Dogecoin's cofounder, Billy Markus, who goes by "Shibetoshi Nakamoto" on X, has reacted to the recent surge in the prices of Bitcoin (BTC) and Dogecoin (DOGE).

TL;DR Solana (SOL) has surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, with Solana's market cap at $86.8 billion compared to BNB's $83.1 billion. Solana's growth is driven by increased on-chain activity and higher transaction fees, with its decentralized exchange Raydium generating over $3 million in fees within 24 hours.

One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s. Now, it appears, one project in particular, Optimism, appears to be pulling away as the clear leader.

Traditional financial institutions are increasingly building on the Solana blockchain, attracted by its technical capabilities and low transaction costs, despite its popular association with memecoins.

During one of the many tense nights of 2024 – the one between November 5 and November 6 – the world's premier cryptocurrency, Bitcoin (BTC), found its new all-time high (ATH).

Cryptos surge on US Election Day – Discover Key Price Levels, Drivers Behind the Rally, and What's Next for These Top Cryptos.

MicroStrategy's recently announced “21/21 Plan” to invest $42 billion in Bitcoin over three years faces several significant hurdles, according to a new analysis from European digital asset investment firm CoinShares. On October 30, MicroStrategy Inc. (Nasdaq: MSTR) released its Q3 2024 financial results, highlighting both its latest Bitcoin acquisition strategy and challenges within its software business.

TL;DR Bitcoin reaches a new ATH, surpassing its previous high of $73,737.94 recorded in March 2024, driven by institutional interest and macroeconomic factors. Donald Trump's U.S. election victory, along with the “Trump Trade”, have boosted demand for BTC as a safe haven asset.

Bitcoin rose just above $75,000 overnight as election results were coming in from America with it currently trading at $73,500.

Bitcoin rose just above $75,000 overnight as election results were coming in from America with it currently trading at $73,500.

BTC hit a new record high, marking its second ATH within the year.

On Monday, spot Bitcoin exchange-traded funds (ETFs) registered their second-largest single-day net outflow since their launch in January. The crypto-based investment products saw their second consecutive red day before the US elections, ending a seven-day positive streak.

The price of the flagship cryptocurrency Bitcoin ($BTC) surged overnight to a new all-time high as Republican presidential candidate Donald Trump secured key victories in swing states in the US election and is considered likely to become the country's next president.

The victory of the ex-president, aided by the owner of X, is benefiting many altcoins.