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news-imageNovember 6, 2024

JPMorgan to launch instant euro-dollar conversions on its blockchain

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.
Publisher: CryptoSlate
Sentiment: Positive
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cover-imageBitcoin
November 6, 2024

Kenya Collects Over $77M in Taxes From 384 Crypto Traders

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.

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Positive
cover-imageCointelegraph
November 6, 2024

Arkham launches crypto perpetuals exchange

Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump's Nov. 5 US election win.

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Positive
cover-imageBlockworks
November 6, 2024

The newest pro-crypto faces on Capitol Hill

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.

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Negative
cover-imageCoingape
November 6, 2024

Just In: US SEC Files Motion for Judgment Against Kraken, Challenges Key Defenses

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

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Positive
cover-imageThe Daily Hodl
November 6, 2024

269 Pro-Crypto Candidates Voted In to House of Representatives and Senate: Stand With Crypto

Coinbase-backed digital asset advocacy group Stand With Crypto says that over 250 pro-crypto candidates were voted into Congress. According to the non-profit organization, last night's presidential election – which saw Donald Trump defeat Vice President Kamala Harris – also included victories for 257 pro-crypto candidates in the House and 16 in the Senate.

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Positive
cover-imageCryptopolitan
November 6, 2024

Ten promises President-elect Trump made to the crypto community

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.

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Positive
cover-imageCryptoSlate
November 6, 2024

Trump election win set to kick off ‘golden age of crypto' in the US – Bitwise CIO

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.

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Positive
cover-imageCoindesk
November 6, 2024

Trump Victory Sends Crypto Market Cap to $2.5T

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.

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Negative
cover-imageBitcoin
November 6, 2024

Boom or Bust? Research Shows Only 3% of Meme Coins Survive

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.

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Positive
cover-imageCrypto Briefing
November 6, 2024

Bitwise CIO sees crypto's golden age beginning with Trump's win

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.

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Neutral
cover-imageCointribune
November 6, 2024

Trump And Musk Hand In Hand: Influence, Power, And Crypto

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.

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Positive
cover-imageCryptopolitan
November 6, 2024

Crypto ATM market predicted to reach $2.58B by 2032: report

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.

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Positive
cover-imageBenzinga
November 6, 2024

Coinbase CEO Brian Armstrong Welcomes 'Most Pro-Crypto Congress Ever,' As End To Gary Gensler's SEC Chair Stint Nears

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.

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Neutral
cover-imageCoindesk
November 6, 2024

How Trump Could Change Crypto

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.

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Positive
cover-imageCrypto Economy
November 6, 2024

New Glassnode Report Reveals What Will Happen to the Crypto Market Amid Frenzy

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.

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Negative
cover-imageBitcoinist
November 6, 2024

Elizabeth Warren Clinches 3rd Term, Defeats Crypto Advocate John Deaton

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.

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Positive
cover-imageBenzinga
November 6, 2024

Will Blockchain Adoption By Big Institutions 'Hedge Against Inflation' And Boost Returns?

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.

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Positive
cover-imageBenzinga
November 6, 2024

Can Blockchain's 'Material Efficiency And Cost-Savings' Give Institutions An Edge?

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.

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Positive
cover-imageCNBC Television
November 6, 2024

Crypto jumps after Trump victory

CNBC's MacKenzie Sigalos joins 'Squawk on the Street' to discuss how crypto is reacting to the election.

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