JPMorgan, Goldman Sachs, and Morgan Stanley meet with crypto clients to target upcoming IPOs after the election.

The analysts also reiterated their call for bitcoin to approach $90,000 by year-end and reach a bull cycle target of $200,000 in 2025.

With Donald Trump winning the U.S. election, the Trump vs Harris battle comes to an end. Following the result, the crypto market experienced a strong positive inflow with major tokens recording a double-digit surge.

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Cybernews researchers discovered a public AWS storage bucket exposing sensitive user data from Nigerian crypto exchange Bitnob.

"Users must exercise sufficient risk management and DYOR to fully understand the project before opting to trade the token," the exchange warned.

Paul Grewal, chief legal officer at Coinbase, has urged the U.S. Securities and Exchange Commission (SEC) to shift its approach toward crypto regulation.

JPMorgan Chase is set to launch instant dollar-euro foreign exchange settlements on its Kinexys blockchain platform, leveraging JPM Coin to enhance transaction speed and efficiency. The post JPMorgan to Launch Faster Dollar-Euro FX Settlement on Blockchain appeared first on Cryptonews.

Crypto's growing influence in the political landscape of the US this year is not unknown. With Trump's win in the 2024 US Presidential elections, the pro-crypto sentiment in the market has gotten even stronger. Bitcoin even touched its highest ever of $75K in anticipation of a Trump win.

In key competitive races across the nation, candidates embraced blockchain and cryptocurrency and emerged victorious. Crypto has a seat in the 118th Congress.

Raoul Pal, founder and CEO of Real Vision on Wednesday cautioned crypto investors against letting excitement cloud their judgment, emphasizing that now is not the time for Fear of Missing Out (FOMO). What Happened: Addressing his followers on microblogging platform X, Pal urged restraint, reminding investors that the last eight months were the ideal period to add to their holdings.

The Republican-led Senate is poised to bring clearer crypto regulations, signaling a shift toward industry-friendly policies in the US.

The rise of pro-crypto lawmakers may lead to favorable regulations, potentially boosting innovation and investment in digital assets. The post Crypto policy gains momentum as pro-crypto candidates sweep Congress appeared first on Crypto Briefing.

Reaction from the crypto community to Donald Trump's win in the U.S. presidential election was largely positive.

A total of 247 pro-crypto candidates won seats in the House of Representatives, compared to 113 anti-crypto members, according to Stand With Crypto.

Raoul Pal, a well-known investor, said that the cryptocurrency market has entered the "banana zone" after a big jump in the price of digital assets. Bitcoin (BTC), the biggest cryptocurrency by market cap, recently hit a new all-time high, surpassing $75,000.

Justin Sun, founder of Tron and Prime Minister of Liberland, extended a public invitation to US Securities and Exchange Commission (SEC) Chair Gary Gensler should he be ousted from his position in a future Donald Trump administration.

Republican Bernie Moreno pulled off a major upset in Ohio, unseating Democrat Sherrod Brown in a Senate race flooded with millions in crypto money. Crypto PACs were all in on Moreno, with pro-crypto powerhouse Fairshake leading the way.

Stablecoin and crypto-market structure bills may now see faster progress, the report said.

“Trust the markets, not the polls,” Polymarket CEO Shayne Coplan wrote on Twitter.

In a significant development for the financial industry, JPMorgan Chase & Co. has announced plans to enable foreign exchange (FX) settlements between the dollar and euro on its blockchain platform, Kinexys.

The firm's new miners aim to raise its hashrate to 9.3 EH/s, boosting energy efficiency by 37%. The company's cryptocurrency mining upgrade will improve power efficiency to 19.9 J/TH.

Crypto.com will launch its Level Up reward program, aiming to reinvent its brand in 2025 to combine crypto and fiat services.

Analysts expect the crypto ATM market to boom in the next few years.

Cryptocurrency users from across the globe are welcoming the success of Polymarket, a Polygon-based on-chain prediction market. During the U.S. presidential election last night, it handled enormous traffic increase with zero delays and surprisingly evolved into a go-to source of live news about election results.

The Korea Digital Asset Exchange Association has assigned trade warnings and terminated support for ORB and TEMCO tokens, stating both projects have violated the Virtual Asset User Protection Act that may impact on their asset values.

Donald Trump's victory in the US Presidential election 2024 has sparked speculations over the potential future of the US SEC Chair Gary Gensler. A recent report hints that the agency's Chair could resign as soon as this year, further fueling discussions.

This means that the platform cannot offer new services or accept new customers, but users can still withdraw their funds. The extension comes just days before the second anniversary of the crypto exchange's collapse.

Coinbase chief legal officer Paul Grewal has urged the SEC to foster crypto innovation over litigation amid Trump's pledge to fire Gensler.

As the online casino industry continues to grow, the demand for enhanced security measures is paramount. Blockchain technology offers unprecedented levels of safety and transparency.

As Donald Trump is set to return to the White House, 247 pro-crypto candidates have been elected to the US House of Representatives, and 15 have been elected to the US Senate.

MicroStrategy and Coinbase both added 12%, with bitcoin miners also gaining more than 10% in pre-market trading.

Fortune announced its 2024 Fintech Innovators Asia list , recognizing Gate.io among the top 10 in the “Blockchain and Crypto” category.

JPMorgan shifts towards FX spreads as part of its strategy to generate additional revenue for the Kinexys network.

Kalshi and Polymarket at the top of financial apps on a historic day.

American TV personality and sports commentator Skip Bayless became the latest victim of crypto scammers who compromised his X account to promote a Solana-based token called SKIP.

Former President Donald Trump has won the 2024 U.S. presidential election, beating his opponent, Vice President Kamala Harris.

The five largest Trump bettors could stand to win a combined $81 million in profit.

The bankrupt FTX exchange has filed a lawsuit against Ryan Salame, the former co-CEO of its Bahamian subsidiary, seeking to recover approximately $98.8 million in cash and crypto, according to a Nov. 4 court filing.

Bybit has announced its registration as a Virtual Asset Service Provider (VASP) by the National Bank of Georgia, marking a significant step in the company's commitment to regulatory compliance in the country.

The victory seems overwhelming with 75% of the votes marking the third term in the US Senate.

Users can earn up to 8% in uncapped rewards on Crypto.com Card spending initially, with rates tapering to 5% in later years.

Former President Trump wins historic second term as Bitcoin hits record $75.3K, boosted by his pro-crypto stance and promises to make US a crypto hub.

Bitcoin soared to a new high after Trump's election win. Here are the top 5 cryptocurrencies to invest in under his presidency.

Coinbase has launched a new Engineering Hub in Singapore to enhance the local developer ecosystem, providing resources and training to foster blockchain talent and support the region's digital transformation efforts in the Asia-Pacific. The post Coinbase Opens Engineering Hub in Singapore to Foster Crypto Talent appeared first on Cryptonews.

Donald Trump was not always a cryptocurrency fan, but the community has rallied around him as a pro-crypto candidate in the 2024 US presidential election.

Artificial general intelligence must be adopted with novel development methods, including decentralization and physical embodiment.