Jack Dorsey founded payments firm Block Inc. is pivoting its focus towards the cryptocurrency mining sector. In a Nov. 7 shareholder letter, Block, formerly Square Inc.

After the recent rise in the Bitcoin price to new highs, the token, along with the other altcoins, has begun to consolidate. Moreover, the bulls have been fighting with the bears since the last trading day, which may delay the next bullish action.

The Ethereum Foundation said the ecosystem is supported by over $22 billion in treasury funds across Ethereum-based projects.

Reclaiming the spot of 10th biggest cryptocurrency in the world, Cardano hits a market cap of $12.56 billion. The achievement comes with a 5.24% jump in the past 24 hours, as Cardano's (ADA) price currently trades at $0.3591. Despite a slowdown in the top cryptocurrencies, as Bitcoin drops 0.12% and Ethereum by 0.

Both Bitcoin and Ethereum have experienced impressive growth in the last 30 days. The Bitcoin market has registered a surge of 21.6%, and the Ethereum market a rise of 19.2%. A recent post by Raoul Pal suggests that ETH may soon outperform BTC. He highlights some key factors to support his argument.

Ethereum (ETH) has made a significant leap in the market, surging by more than 10% in the last 24 hours. As of now, the second-largest cryptocurrency is trading at $2,840 after briefly reaching higher levels.

Joe McCann is the outspoken founder of Asymmetric, a top-performing crypto venture capital fund backed by investors including Marc Andreessen, Chris Dixon, and Circle.

The Ethereum Foundation has revealed its financial 2024 report, outlining its dedication to holding the “vast majority” of the treasury in ETH.

BlackRock's spot Bitcoin ETF has pulled off something huge. On November 7, this fund saw a mind-blowing $1.119 billion in inflows—an impressive recovery after losing $113 million just two days before. To put it into perspective, BlackRock's fund made up a massive 82% of all spot Bitcoin ETF inflows that day.

On Nov. 7, U.S. spot Bitcoin ETFs recorded a historic $1.38 billion in net inflows, marking the highest single-day inflow since their inception, driven primarily by BlackRock's IBIT.

A recent report from the Ethereum Foundation (EF) revealed that it holds $970.2 million in total assets, with $788.7 million of this amount in cryptocurrency, mainly in Ether (ETH), the second-largest cryptocurrency globally. This decision to hold the majority of its assets in Ether reflects the foundation's strong belief in Ethereum's future.

South Korea's largest crypto exchange now supports DRIFT trading in KRW, BTC, and USDT, boosting access to Solana's DeFi ecosystem.

Friday has come around again, and that means Bitcoin options expiry day, meanwhile, the asset has now entered new price discovery.

Shiba Inu price is on the verge of breaking above a key bullish reversal pattern after the market momentum increased due to Bitcoin rallying to a new all-time high. If this breakout happens, SHIB investors currently at and outside the money could be looking at $3.45 billion in profits.

U.S. lawmakers are seeking assistance from crypto experts in passing the Strategic Bitcoin Reserve legislative plan after securing victory in the just-concluded elections.

Spot Bitcoin exchange-traded funds in the United States have seen their largest inflow day ever.

The cryptocurrency market cap has declined by 0.82% over the last 24 hours, settling at $2.5 trillion. In parallel, trading volumes have also contracted sharply, down by 32.45% to $129.71 billion. The Fear & Greed Index, at 72, signals “Greed,” maintaining a bullish sentiment despite the recent market cooling.

BlackRock's iShares Bitcoin Trust (IBIT) reached an extraordinary milestone, recording $4.1 billion in trading volume on November 6. This marked the highest single-day volume in the history of the ETF, outpacing the trading volumes of major stocks like Berkshire Hathaway and Netflix.

The world's largest crypto exchange Binance on Friday said it has added XRP and Dogecoin (DOGE) to smart arbitrage offerings. Binance Earn's addition of XRP and DOGE sparked huge speculation for an imminent price rally.

Following the overwhelming support of pro-crypto candidates in the United States and the recent Fed rate cut, which followed similar moves in major jurisdictions, the demand for Bitcoin (BTC) has significantly escalated. The United States is expected to follow the path of El Salvador in accumulating Bitcoins to counter the ballooning debt crisis.

BlackRock's IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product.

The sleeping giant seems to have woken up! The third-generation token, Cardano, believed to be dead due to a massive drop in volatility, has begun to attract decent buying volume onto the platform. With the fundamentals strengthened, the bullish momentum is expected to rise, which may positively impact the ADA price in the long run.

The record inflow into BlackRock's Bitcoin ETF highlights growing institutional interest and could drive further mainstream adoption of cryptocurrencies. The post Blackrock's Bitcoin ETF draws record $1.1 billion single-day inflow appeared first on Crypto Briefing.

Ripple just set the crypto world buzzing by moving a whopping 294,000 RLUSD stablecoins! The big transfers, including a notable 78,500 RLUSD from Ripple's Treasury to an unknown wallet, seem to hint at the final touches for RLUSD's big launch.

BlackRock, the world's largest asset manager, has witnessed a record-breaking $1.1 billion in inflows into its spot Bitcoin exchange-traded fund (ETF), IBIT. The post BlackRock's Bitcoin ETF Sees Record $1 Billion Inflows after Two Days of Outflows appeared first on Cryptonews.

BlackRock's Bitcoin ETF has surged amid broader market momentum, with one analyst predicting sustained inflows through to next week.

SUI Network's DEX trading volume is outpacing Solana's, raising questions about its long-term growth potential.

Following Donald Trump's decisive victory in the recent election, the cryptocurrency world is buzzing with the possibility of the U.S. government establishing a Bitcoin strategic reserve.

Following Donald Trump's victory in Tuesday's election, members of the crypto community are celebrating a renewed sense of hope for their ETF ambitions. The change in political leadership is seen as a potential turning point for the approval of cryptocurrency ETFs focused on altcoins such as Solana, XRP and Litecoin.

From a fundamental standpoint, Bitcoin is showing no signs of the asset overheating, according to Galaxy's head of research.

The Ethereum Foundation's financial report revealed that it holds $970.2 million in cryptocurrencies and non-crypto assets as of Oct 31, 2024.

Key Points:

Donald Trump's recent U.S. presidential election win has energized the cryptocurrency community, particularly regarding the SEC v. Ripple lawsuit. Legal analyst Fred Rispoli suggests that the case could see a settlement as early as March 2025 under Trump's administration.

The 12 U.S. spot bitcoin ETFs together recorded a total daily net inflow of $1.38 billion, also their highest since launching in January.

The recent presidential election has sent ripples through the cryptocurrency market, with Bitcoin prices reacting positively to Donald Trump's victory over Kamala Harris. As Trump prepares to take office for a second term, his ongoing commitment to making the United States the “crypto capital of the world” has ignited bullish sentiment among investors, positioning Bitcoin at the center of his economic proposals.

Since rebounding from the support level above $122 in early September, Solana (SOL) price has gradually gained bullish momentum akin to Bitcoin (BTC). For the first time since mid-March, Solana price has consistently closed above the daily falling logarithmic resistance trend.

Ripple's chief legal officer, Stuart Alderoty, is urging the president to take bold steps toward creating a more supportive regulatory environment for the cryptocurrency industry. According to Alderoty, the United States has the potential to become the global leader in cryptocurrency—if the right policies are implemented.

The BlackRock Bitcoin ETF (IBIT) has been smashing new records every single day while seeing its largest daily inflows at over $1 billion on Thursday. As a result, the total inflows for IBIT have now surged past $27 billion since its inception in January, making it one of the best ETF launches in 2024.

Key Points:

The launch of Eclipse is one of the most hyped network launches of the year, with the hybrid blockchain project securing over $65 million in funding prior to its launch on Nov. 7.

XRP's fortunes may change in 2025 as Trump's reelection could shake up the SEC, potentially ending Ripple's legal battle, and why XRP's price could soar to over $1.

Jack Dorsey's Block announced plans to boost investments in Bitcoin mining and its Bitcoin wallet by reallocating resources from its canceled "Web5" project and reducing Tidal investments. The post Jack Dorsey's Block Advances Bitcoin Mining Plans As Trump's Crypto Policies Look Likely appeared first on Cryptonews.

With Donald Trump's recent victory in the 2024 U.S. presidential election, crypto supporters are hopeful for a turnaround in Ripple's legal battle with the SEC. Legal experts like Attorney Jeremy Hogan recently shared his thoughts on what could happen next year with Ripple's legal fight against the SEC and similar cases involving companies like Coinbase.

XRP price gained pace for a move above the $0.5500 support zone. The price rallied toward $0.5780 resistance and then quickly faded most gains.

XRP has recently demonstrated strong bullish momentum, holding above key support levels and signaling potential for further price increases in the near term. Trading above $0.5400 and with positive technical indicators, XRP is positioned for a possible test of higher resistance levels.

In the past three years, the Open Interest has been growing steadily, eventually taking the OI from $11.9 billion to $38 billion.

Binance's Smart Arbitrage now supports XRP and DOGE, with a promotional campaign offering 45,000 USDT in rewards. Participants can earn bonus APR and trading fee rebates.