Tether (USDT) will be moved from several chains in a chain swap event. The biggest transfer will be of 1B USDT from TRON to Ethereum.
The futures market is signaling that the current Bitcoin rally, spurred by Donald Trump's recent election victory on Tuesday, might be starting. According to Vetle Lunde, head of research at K33 Research, the election's immediate aftermath has seen a “risk-on rotation” across derivatives, indicating a surge in investor confidence.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Solana (SOL), the world's fourth-largest cryptocurrency by market cap, is poised to reach an all-time high after breaking out from a crucial resistance level. Following the victory of pro-crypto candidate Donald Trump in the U.S.
Crypto has been considered a major Trump trade for weeks now.
BlackRock's iShares Bitcoin Trust ETF (IBIT) shot up to over $1 billion in trading volume within a jaw-dropping 20 minutes. This is the kind of volume you see with major sell-offs, but that's not what's happening here.
Trump's victory, broadly seen as a massive boon to the crypto industry, also sent bitcoin to an all-time high of above $75,000.
Are we witnessing a Dogecoin revolution? The second largest Proof of Work network hits over $13B in daily volume.
Trump's pro-crypto policies can likely to trigger sector-wide rallies in the upcoming months.
Bitcoin reaches a new all-time high of $75.4K, driven by US election dynamics. Market volatility surges as investors hedge positions in anticipation of further price movements.
Some analysts expect Bitcoin's price to surge following Donald Trump's Nov. 5 election win.
Binance cryptocurrency exchange reached a new all-time high in open interest, surpassing $8.3 billion in crypto derivatives. This surge in activity coincides with a sharp increase in Bitcoin prices, which recently hit a historic high following Donald Trump win in the U.S. presidential election.
The rapid trading volume surge in BlackRock's Bitcoin ETF highlights growing institutional interest, potentially boosting Bitcoin's mainstream adoption. The post BlackRock Bitcoin ETF trades over $1 billion in first 20 minutes post-Election Day appeared first on Crypto Briefing.
A boost in Bitcoin's spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.
BNB Chain Tokenization opens a pathway for small businesses to tokenize assets like real estate, art, and company shares. Designed with compliance and security features, the tool supports entrepreneurs seeking to enter Web3 without extensive technical skills. Partners like BitBond reinforce its secure ecosystem. The post BNB Chain Launches New Tokenization Tool for Small Businesses appeared first on Cryptonews.
Ripple's CEO Brad Garlinghouse tweeted on November 6 about several things he wished the new President Donald Trump could do for the crypto industry within his first 100 days in office. Garlinghouse hinted at Trump crossing out and firing Gary Gensler on his first day in office, suggesting Gensler's replacement would be Gallagher, Giancarlo, or Brooks.
Brad Garlinghouse, CEO of Ripple, has outlined what he believes should be part of President Donald Trump's first 100-day agenda for crypto. Trump's victory in the 2024 U.S.
Dogecoin (DOGE) surged by 20%, reaching $0.19 on November 6, as markets reacted to news of Donald Trump's return to the presidency.
One analyst set $1.10 as "ignition stage" for potential future gains.
Bitcoin surged to a new peak above $75,000 following Donald Trump's election victory—but BTC is doing what it normally does after the halving.
A combination of a Donald Trump win and Elon Musk's central role in his campaign have injected strong momentum could sustain DOGE price rally.
According to financial services firm Standard Chartered, real-world asset tokenization could reach a $30 trillion market cap by 2030.
Ripple chief legal officer (CLO) Stuart Alderoty has revealed how US President-elect Donald Trump can make the United States (US) the crypto capital. The Ripple CLO statement came as Ripple CEO Brad Garlinghouse outlined his checklist for the Trump administration.
The crypto giant recently surged to a new high, driven by market excitement amid the ongoing election buzz.
The crypto market has seen a notable surge in recent hours, driven by Donald Trump's victory in the 2024 U.S. presidential election.
Michigan's state pension fund recently described a substantial $10 million investment in Ethereum ETFs, marking a first for U.S. state pension funds. This strategic move underscores a growing interest in digital assets among traditional institutions and highlights Ethereum's rising profile in the world of institutional investments.
According to Eric Balchunas, a prominent ETF analyst, BlackRock's iShares Bitcoin Trust ETF (IBIT) managed to record $1 billion worth of trading volume in just 20 minutes of trading.
Demand and institutional interest for Bitcoin erupt in the US amid Donald Trump's election victory.
Bitcoin hit a record high after Donald Trump won back the White House. The digital asset traded above $75,000 at one point.
The original and biggest meme coin, Dogecoin ($DOGE), is positively soaring today along with most leading cryptocurrencies after the pro-crypto Donald Trump was re-elected as the forty-seventh US President. In the last twenty-four hours, Dogecoin mushroomed 18% to trade at $0.2014. Considering Dogecoin grew 18.
Solana has rallied by 14% today, with the SOL price hitting $185.15 as Donald Trump's election victory boosts the crypto market by 6% in the past 24 hours. The post SOL Price Poised to Soar as Solana Network Usage Reaches Unprecedented Levels appeared first on Cryptonews.
As of November 6, 2024, at 11:05 a.m. UTC, Dogecoin's year-to-date performance is outpacing that of Bitcoin. According to CoinDesk Indices, Bitcoin (BTC) is currently trading at $74,790, showing gains of 7.7% in the past 24 hours, 22.64% over the past month, and 77.34% year-to-date (YTD). Meanwhile, Dogecoin (DOGE) is trading at $0.
With bitcoin staying solid above the $74,000 mark, a wave of long-dormant bitcoins from years past has suddenly come to life as the price edges higher.
Dogecoin (CRYPTO: DOGE) is forecasted to experience a major rally, bolstered by Elon Musk's role in Donald Trump's successful re-election bid. What Happened: Dogecoin is up 9% on the day, trading above $0.19 at the time of writing.
Ethereum (ETH) recovered above $2,600 after the latest crypto rally, but may be facing renewed selling pressures. An ancient ICO whale and a large-scale staker may try to liquidate their holdings.
As digital assets continue to gain traction, the U.S. Congress could be on the verge of passing legislation that would reshape the landscape of crypto investments. Ahead of his appearance at the upcoming Benzinga Future of Digital Assets event, Anthony Rousseau, vice president and head of brokerage solutions product management at TradeStation, shared his thoughts on how specific regulatory changes could influence the future of digital assets.
The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris.
Dogecoin and the Shiba Inu price have recorded double-digit rallies in the last 24 hours, up 25% and 10%, respectively. The foremost meme coins have witnessed these massive price rallies thanks to developments in the US election, which present a bullish outlook for them.
The world of cryptocurrencies has just taken a significant step forward in the digital payments sector: Solana Pay, the payment system initially built on the Solana blockchain, has expanded its support to include Bitcoin (BTC), Ethereum (ETH), and Layer 2 (L2) solutions.
Bulls are controlling the situation on the market, according to CoinStats.
Ripple CEO Brad Garlinghouse celebrates the success of pro-crypto candidates in the U.S. 2024 elections. With bipartisan support for crypto policies rising, the industry anticipates regulatory shifts, which may impact Ripple's ongoing legal challenges and broader crypto adoption. The post Ripple CEO Brad Garlinghouse Celebrates Crypto Candidates' Victory in U.S. Election 2024 appeared first on Cryptonews.
A strange comeback was captured on-chain today, as a major Bitcoin (BTC) holder came back to life after nearly 12 years of inactivity. As first revealed thanks to a report from Whale Alert, 235 BTC, the equivalent of $17.43 million, came to life for the first time since March 2013.
Bitcoin (CRYPTO: BTC) surged to a new all time high of $75,358 on Wednesday during European trading hours, with market experts projecting further gains up to $120,000 amid expectations of crypto-friendly policies under Donald Trump ‘s presidency, according to multiple industry leaders. What Happened: Donald Trump has won the 2024 U.S. presidential election, defeating Democratic contender Kamala Harris.
As Bitcoin surges to a new all-time high, the words of its mysterious creator Satoshi Nakamoto have resurfaced, igniting reflection across the crypto community.
The price of Dogecoin (DOGE) continued its uptrend on Nov. 6 by breaking above the $0.18 resistance level. Price analysis by Coinidol.com.
As Ripple's SEC battle nears its end, XRP is set for a surge, while DOGEN, the next big meme token, is primed for a 700% pump. #partnercontent
TL;DR Bitcoin's record rally could continue, fueled by Trump's victory and a surge in futures demand. The spread between Bitcoin futures and spot market prices has reached record levels, with strong demand for leverage. Bitcoin-backed ETFs could see positive inflows in the coming hours, due to political clarity following the US elections.