Elevated interest rates in the U.S. have dented ether's appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

US Space Force Major and author of “Softwar,” Jason Lowery, calls on the United States to reassess Bitcoin's role with a US Bitcoin National Defense policy proposal. He contends that Bitcoin represents a strategic tool for national defense by using physical power to secure cyberspace, emphasizing its significance beyond a mere financial asset.

TL;DR Ethereum has seen a 7.39% increase in the last 24 hours, reaching a price of $2,811.13. Experts, such as VanEck's Matthew Sigel, believe that Ethereum could be “oversold” and that a significant rally is ahead. Technical analysis suggests that Ethereum needs to break above the $2,876 resistance to reach $3,000 and potentially $3,300.

The Bitcoin market continues to look bullish, despite the fact that we pulled back early Thursday. This is a situation where we have broken out, and now we are looking to confirm that breakout.

As interest builds, the proposal may pave the way for broader cryptocurrency adoption across the U.S.

Bitcoin is trading around $75,000 following Donald Trump's victory in the U.S. election, stirring fresh optimism in the crypto market. Trump's pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration.

TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.

Yesterday, 12 spot Bitcoin ETFs hit over $6 billion in trades—their biggest daily total since March.

The Bitcoin price has achieved a new ATH during the early Asian market today. This has resulted in the altcoin market experiencing a similar price trend. With fear and greed indicators turning extremely bullish, the crypto space hints at a potential bull market in the coming time.

Bitcoin demand from U.S investors has surged since election day, with the Coinbase premium shifting positive.

Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB's $85.6 billion.

The two whales have acquired $142 million worth of Bitcoin since Trump's victory in the US election was confirmed, showing growing investor demand for Bitcoin.

As expected, the Bitcoin and crypto frenzy will occur hours after Republican Donald Trump's election. Crypto has become an election issue, with Trump offering a more friendly policy tone than his rival, Kamala Harris, who conceded to Trump's victory, yesterday.

October was a meme token month, but several other important developments shaped the crypto market. Binance's latest monthly market insights report showed the modest overall growth of 2.8% came with important infrastructure and liquidity developments.

IllumineX leverages the advanced confidential compute capabilities of the Oasis Saphire, aiming to address the significant privacy challenges facing crypto users today. The post Non-Custodial Wallet IllumineX Launches Privacy Solution for Bitcoin appeared first on Cryptonews.

Michael Saylor, an American businessman, CEO of software giant MicroStrategy and a well-known Bitcoin supporter, released a new post on the topic of the main cryptocurrency.

The proposed Bitcoin (CRYPTO: BTC) Act, if passed by the Trump administration, could significantly elevate the apex crypto's role within the U.S. economy, according to a new CoinShares report. The act would designate Bitcoin as a strategic reserve asset, permitting the U.S. government to acquire up to 5% of its total supply, treating it similarly to gold.

TL;DR Mekong testnet launched as a testing platform for the Pectra fork changes on Ethereum. The testnet is designed for wallet developers and stakers to test new features before their implementation on Ethereum Mainnet. Mekong is temporary and will not affect other Ethereum networks like Holesky or Sepolia.

The Ethereum Foundation has released the Mekong Testnet in preparation for the Pectra fork upgrade.

As Bitcoin (BTC) entered the price discovery phase following the historic victory of Donald Trump and other pro-crypto candidates in the US Senate and House of Representatives, the altcoin market – led by Dogecoin (DOGE), Ethereum (ETH), and Solana (SOL) have gained significant bullish momentum.

One of the most hotly-anticipated legislative developments would be the adoption of the Bitcoin Act, introduced by U.S. senator Cynthia Lummis (R-Wyo.

In a recent report, JPMorgan analysts indicated that Donald Trump's victory in the U.S. presidential election may favor both Bitcoin and gold as part of what they call the "debasement trade.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a cornerstone of the cryptocurrency market. Recently, it saw a notable 8.8% price increase in just 24 hours. This has led experts, like Matthew Sigel, Head of Digital Assets Research at VanEck, to believe that Ethereum may have been oversold.

The Ethereum Foundation has introduced the Mekong Testnet, a short-term testing environment designed to allow developers to explore new features from the upcoming Pectra upgrade before its mainnet release. In a blog post on Nov. 7, the Foundation said the Mekong Testnet incorporates all Ethereum Improvement Proposals (EIPs) intended for Pectra.

Data from Wednesday's trading session reveals that U.S. spot bitcoin exchange-traded funds (ETFs) attracted a notable $621.9 million in positive inflows. Crypto ETFs Soar With Positive Inflows Both U.S. spot bitcoin and ether ETFs recorded gains in Wednesday's session. According to sosovalue.xyz metrics, 12 spot bitcoin ETFs raked in a combined $621.9 million.

The price of Solana (SOL) has risen above the $164 barrier twice as the altcoin attempts to break out of its sideways trend.

The recent win of Trump in the US election has surges the growth of crypto tokens. On November 6, SOL touched $188 and displaced BNB coin from its fourth position. It has been moving in an upward channel for quite some time.

The cryptocurrency market has undergone a notable spike, rising 7.41% in the last 24 hours and raising the entire market capitalization to $2.46 trillion. Along with this, trading volumes have increased by 128.03%, totaling $192.7 billion.

More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.

Ethereum Foundation launches Mekong testnet for devs to experiment with new features before the Pectra hard fork.

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 7, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Investors are betting on BTC's ability to rise higher, but the psychology and timing of the market will be critical in determining its next move.

The Bitcoin price has now returned into a full bullish sentiment now that the crypto fear and greed index has flipped into greed. This shift reflects growing confidence among investors as optimism takes hold in the cryptocurrency market.

The United States could establish a strategic Bitcoin reserve within the first 100 days of President-elect Donald Trump's administration, according to a key insider. David Bailey, CEO of BTC Inc.

In the latest development, the Ethereum Foundation has announced the launch of the Mekong testnet, marking a significant step towards the upcoming Pectra fork.

Ethereum Foundation on Thursday announced launch of its first short-lived Pectra testnet ‘Mekong.' This testnet includes all the EIPs proposed for the upcoming Pectra upgrade on the Ethereum network.

With a market capitalization of $88.4 billion, Solana has moved into third place in the ranking of cryptocurrencies, displacing Binance Coin which has an $86.7 billion market capitalization. Will Solana now widen the gap?

Solana, a leading blockchain network, has captured the spotlight in the cryptocurrency market. Following Donald Trump's reelection as the 47th President of the United States, the price of its native token, SOL, surged to $188, marking a six-month high.

She said that when the next Congress starts, with Republicans in control, they plan to build a strategic Bitcoin reserve. This is exciting news for Bitcoin fans, as it could mean the U.S. government will hold a large amount of Bitcoin as part of its official reserves.

The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.

Ethereum developers have introduced a temporary test network named Mekong for next year's Pectra upgrade.

Fidelity bought $308 million worth of bitcoin on Wednesday as price reached a new all time high above $76,000.

Get more Crypto Updates https://www.youtube.com/channel/UCUv89KvVvjuH-NngyBhfwTg/about Are NFTs dead? Think again!

Following Donald Trump's election victory, Bitcoin spot ETFs recorded $622 million in inflows on Nov. 6 amid expectations for a more crypto-friendly environment under the new administration. What Happened: The Fidelity ETF (CBOE: FBTC) led with $309 million, while Bitcoin spot ETFs overall recorded a daily turnover of $6.07 billion—the highest since March, according to data from SoSo Value.

Today, Bitcoin has recovered and reached a high of $75,714. The market reacted immediately when the US election process ended with the election of Donald Trump as president.

The cryptocurrency market is filled with excitement after Bitcoin surged to a new all-time high, reaching $76,200. Many are speculating that former President Donald Trump's recent victory in the U.S. presidential election could be the catalyst for Bitcoin and other cryptocurrencies to soar even higher.

Bitcoin whales—large investors with substantial holdings—are stepping up their acquisitions, adding over $132 million worth of Bitcoin in the wake of projected results from the 2024 U.S. presidential election. Anticipation of a Trump victory has stirred optimism in risk-on assets like Bitcoin, drawing in high-profile investors as the cryptocurrency market leans bullish.

Data shows the cryptocurrency derivatives market has suffered a large amount of liquidations following Bitcoin's rally to its new all-time high (ATH).