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news-imageNovember 5, 2024

Paxos Launches New Stablecoin with Kraken, Robinhood, and Other Crypto Firms

Paxos has launched a new stablecoin called the Global Dollar Network (USDG). This stablecoin results from collaborating with multiple exchanges, including Bullish, Kraken, Robinhood, and other prominent crypto firms.
Publisher: BeInCrypto
Sentiment: Positive
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cover-imageBenzinga
November 5, 2024

Veteran Traders Share 'Presidential Election Crypto Trading Roadmap,' Predict Heavy Volatility

Pseudonymous crypto analysts DonAlt and CryptoCred explored Bitcoin's (CRYPTO: BTC) price trends and the impact of Tuesday's presidential election. Bitcoin's Expected Trajectory In the latest ‘Technical Roundup' episode, DonAlt noted Bitcoin's recent surge to close to its all-time high before retreating below $70,000, calling the monthly close "catastrophic" after a key resistance retest.

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Positive
cover-imageCrypto Reporter
November 5, 2024

Crypto Investors Are Betting on These 3 Coins for November Gains

With the crypto market bracing for the US presidential election, many investors are now turning to tokens that could skyrocket this November. They are now the most interested in three crypto currencies: Pepe (PEPE), DTX Exchange (DTX) and Toncoin (TON).

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Positive
cover-imageCoingape
November 5, 2024

3 Cryptos Heading for 300% Surge Ahead of U.S. Elections

Investors are keeping a close eye on how different outcomes in the 2024 U.S. presidential elections could impact the cryptocurrency market. Political shifts can influence regulations, causing notable price changes in cryptocurrencies.

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Neutral
cover-imageFinbold
November 5, 2024

Binance donates $3 million to help flood relief efforts in Valencia, Spain

Binance Charity, the philanthropic branch of the global blockchain company Binance, is donating $3 million to the Spanish Red Cross (Cruz Roja Española) to support flood relief efforts in Valencia, Spain, according to the latest information shared with Finbold on Tuesday, November 5.

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Neutral
cover-imageUToday
November 5, 2024

Binance and CZ Push Back: New Motion to Dismiss SEC Case Filed

In a major legal move, Binance and its former CEO, Changpeng "CZ" Zhao, have filed a joint motion to dismiss the SEC's amended lawsuit submitted last month and to strike portions of the SEC's requested relief.

general-iconGeneral
Positive
cover-imageCrypto news
November 5, 2024

Standard Chartered and Ant International complete SGD settlement on blockchain: report

Standard Chartered and Ant International completed SGD-denominated liquidity transfers using Ant's Whale platform. British multinational bank Standard Chartered alongside Ant International has completed SGD-denominated liquidity transfers using Ant International's blockchain-based Whale platform, The Asian Banker has learned.

general-iconGeneral
Positive
cover-imageBitcoin
November 5, 2024

Bahrain-Backed Bank Launches Digital Asset Custody Service

Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backed Singapore Gulf Bank has launched digital asset custody and intuitive trading solutions services.

general-iconGeneral
Positive
cover-imageCrypto Economy
November 5, 2024

New OpenSea Platform Announced: NFT Giant Plans December Relaunch

TL;DR OpenSea announces a significant overhaul of its platform, set to relaunch in December 2024 as “OpenSea 2.0,” aiming to reclaim its market position amidst declining NFT trading volumes and competition from rivals.

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Positive
cover-imageCryptonews
November 5, 2024

FBI Recovers $8M for Victims of Kansas Bank Crypto Fraud

The FBI has successfully recovered $8 million for victims of the Heartland Tri-State Bank crypto fraud, where CEO Shan Hanes embezzled funds to support a cryptocurrency scheme that led to the bank's collapse. The post FBI Recovers $8M for Victims of Kansas Bank Crypto Fraud appeared first on Cryptonews.

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Neutral
cover-imageCointelegraph
November 5, 2024

Binance, CZ file motion to dismiss SEC's amended complaint

Secondary market resales of crypto assets long after they were first distributed by their developers are not “securities” transactions, lawyers for Binance and its former CEO argued.

general-iconGeneral
Positive
cover-imageBitcoin
November 5, 2024

Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets

Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available on November 1, 2024, covers a total value of over $21.

general-iconGeneral
Positive
cover-imageCoingape
November 5, 2024

5 Crypto to Buy Now to Turn $100 to $100K During US Election 2024

The 2024 US election between Kamala Harris and Donald Trump has sparked interest among investors eyeing potentially high-yield cryptocurrencies. With heightened market attention, certain 5 crypto to buy to turn to $100 to $100k could experience significant gains due to increased trading volumes and speculative buying.

general-iconGeneral
Negative
cover-imageCrypto news
November 5, 2024

Crypto scammers target Indians using fake BBC report

A fake BBC report featuring clickbait headlines about Indian billionaire Anant Ambani was making rounds on X, attempting to lure readers into a cryptocurrency scam.

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Negative
cover-imageBlockonomi
November 5, 2024

CZ and Binance Push Back Against SEC's Crypto Crackdown

Binance and CZ's lawyers filed a motion to dismiss the SEC's amended complaint, challenging the regulator's classification of crypto transactions as securities and highlighting inconsistencies in regulatory approach, while maintaining this case's distinction from the resolved DOJ charges.

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Negative
cover-imageAltcoin Buzz
November 5, 2024

October Crypto Losses Reached $129 Million

Crypto losses in October resulted from several significant events. Hackers gained access to Radiant Capital, a whale fell for a phishing scam, and the M2 exchange was hacked.

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Positive
cover-imageCrypto news
November 5, 2024

Kyoto's Ryuganji Temple launches 1,500 free goshuin NFTs

A temple in Kyoto, Ryuganji Temple, is offering 1,500 free animated NFTs to promote Japanese Buddhist culture on a global scale. Starting Nov. 1, users can claim free Ryuganji Temple non-fungible tokens from the official website.

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Negative
cover-imageCoinPedia
November 5, 2024

The SEC vs Binance: Unpacking the Legal Drama Surrounding Crypto Assets

In the long running SEC vs Binance legal battle, the latter has filed a motion to dismiss. The submission was done in the U.S. District Court for the District of Columbia on November 4. The firm by this legal action has responded to the amended complaint by the SEC.

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Positive
cover-imageAltcoin Buzz
November 5, 2024

Coinbase Derivatives Launches Silver and Stellar Futures

Coinbase Derivatives recently launched a product that offers a more diverse and inclusive market for traders. Last week, the exchange launched futures contracts for Silver (SLR) and Stellar (XLM).

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Neutral
cover-imageCoinPedia
November 5, 2024

US Election 2024: Who will Win and How Crypto Market will React to it?

As the 2024 US presidential election comes down to the wire, the stakes couldn't be higher for the crypto market. Just a few hours are left before the polling starts. This is a peak moment not just for U.S. politics but for the crypto industry as well.

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Positive
cover-imageCryptopolitan
November 5, 2024

Standard Chartered-backed Zodia Custody set for fresh round of capital raise

The Standard Chartered-backed digital assets custodian Zodia Custody is in talks for a fresh round of capital raise. The institutional-grade digital asset custody solution aims to secure about $50 million to enhance its operational capacity, increase its product offerings, and widen its market reach.

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