In the past 24 hours, Binance has set a new record as the market sentiment shifts and Bitcoin (BTC) the world's largest digital asset, hit its all-time high. Binance's $8.
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Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025.
With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”
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.
Mark Cuban congratulated Donald Trump on November 6 for defeating Democratic pick Kamala Harris in the 2024 U.S. presidential election. The post Billionaire Crypto Investor Mark Cuban Congratulates Donald Trump On Presidential Win appeared first on Cryptonews.
Memecoins styled after the president-elect refused to join the market rally, instead taking a sharp dive.
A crypto custody business that's majority-owned by the world's 44th-largest bank is reportedly planning to raise more capital. Bloomberg reports that Zodia Custody Ltd, a subsidiary of Standard Chartered, is in talks to secure approximately $50 million in funding from investors.
As Donald Trump secured his return to the presidency for the 2025-2029 term, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, expressed a bullish outlook for the cryptocurrency market, proclaiming it has entered a “golden age.
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.
Analysts for the crypto exchange Bitfinex anticipate a rise in capital inflows following the reelection of Donald Trump in the United States.
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.
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.
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.
According to Jeff Lunglhofer, Coinbase's chief information security officer, social engineering scams are currently the biggest threat to crypto users and holders. Lunglhofer spoke to crypto.
Bernstein on Wednesday asserted that regulatory headwinds have transformed into tailwinds, following Donald Trump‘s victory in the U.S. presidential election. What Happened: "The market is nowhere close to factoring in this shift," stated Bernstein in its report on Wednesday.
Crypto markets surged Tuesday night as Bitcoin hit a new all-time high above $75,000, following NBC's projection of wins for former president Donald Trump.
CCData has just released the October 2024 edition of its popular and highly-respected Exchange Review report. CCData is a Financial Conduct Authority (FCA)-authorized benchmark administrator and global leader in digital asset data and publishes comprehensive Exchange Review reports monthly.
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.
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.
FTX Europe, faces extended suspension following a recent notice from the Cyprus Securities and Exchange Commission (CySEC).
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.
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.
Pump.fun, the platform where anyone can create and launch a token on Solana, has recorded a new monthly all-time high in revenue generated with $30.5 million.
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.
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.
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.
The cryptocurrency community's attention is on President-elect Donald Trump and whether he will keep his promises to make the United States a hub for digital asset innovations.
The stablecoin issuer Paxos partnered with the crypto exchange Kraken, the retail trading giant Robinhood and a handful of other digital asset firms to launch a new stablecoin network for enterprises.
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.
JPMorgan has rolled out a significant upgrade to its blockchain platform, and as part of this effort, the company is rebranding it from Onyx to Kinexys. The bank also revealed plans to introduce on-chain foreign exchange capabilities on the Kinexys platform by Q1 2025.
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.
The perps trading exchange is expected to go live next week, marking Arkham's first foray directly into crypto trading.
In a research report on Thursday, Bernstein analysts expect a new “crypto-friendly” SEC Chair and Senate Banking Committee to accelerate regulatory clarity for the industry after Donald Trump's win in the US Presidential election. The U.S.
TL;DR Sonic Labs will take a snapshot on December 1, 2024, for users who hold the full set of six Shards, allowing them to access a future airdrop. The Sonic Shards have been collected through weekly challenges and can also be purchased on secondary marketplaces such as PaintSwap.
CNBC's MacKenzie Sigalos joins 'Squawk on the Street' to discuss how crypto is reacting to the election.
In a push to make stablecoins more accessible globally, crypto giants Robinhood, Kraken, and Paxos have teamed up to launch the Global Dollar stablecoin network.
In the recent US elections, pro-crypto candidates emerged victorious, prompting Ripple CEO Brad Garlinghouse to respond to sceptics questioning the political influence of crypto supporters. On X, Garlinghouse shared his enthusiasm about the “crypto champions” and said that “the crypto voter is here to stay.
X Empire price went vertical on November 6, soaring to its highest level in two weeks after KuCoin launched the X Savings Coin. It also rose after Donald Trump won the US election; a move that is expected to make Elon Musk more powerful.
After Trump's election victory, Coinbase's CLO, Paul Grewal, calls on the SEC to enact clear guidelines for digital assets, emphasizing regulatory transparency. Grewal's statements highlight the critical need for structured rulemaking following Coinbase's prolonged legal battles with the SEC. The post Coinbase CLO Paul Grewal Pushes for SEC Rulemaking After Historic Trump Win appeared first on Cryptonews.
The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.
Automated crypto trading offers efficiency and consistency but requires advanced strategies to navigate high volatility and regulatory challenges. The post Is it possible to automate trading in crypto?
Sonic Shard snapshot will be conducted on December 1, wallets holding all six Sonic Shard NFTs will be eligible to mint an exclusive NFT.
Donald Trump has declared his victory in the U.S. presidential election, speaking to supporters in Florida.
Trump's return to the White House sparked a major crypto rally that caught bears off guard and wiped out hundreds of millions in short positions.
The price of bitcoin hit a new all-time high Wednesday (Nov. 6), and America elected a new president. The two are far from unrelated.
As Bitcoin (BTC) is pushed to an all-time high by the results of U.S. presidential elections, net Open Interest on derivatives exchanges follows. This could lead to even more dangerous volatility as crypto bears face $370 million short liquidations.