The largest meme coin by market cap has continued its rally, which was solidified by Donald Trump’s election as the new US president earlier this week, and has soared past $0.23 for the first time since the 2021 bull run. At the same time, numerous X analysts and users have started to predict rather wild […]
Charles Hoskinson, the founder of IOG, the entity behind Cardano, has returned from his recent absence on X with a notable announcement regarding his role in the Trump administration. The native token of the Cardano ecosystem skyrocketed immediately, charting gains exceeding 30% daily. ADA currently sits at a multi-month peak of almost $0.6. Cardano just […]
The total amount raised in the crypto industry during October 2024 saw a significant increase of 96% month-over-month, reaching $1.76 billion. According to Messari’s latest report, this represents the highest level of fundraising activity since November 2023. 282 Crypto Deals in October The report shows that the deal count in October increased by 25% compared […]
Bitcoin’s price is on the move again as the asset exploded to yet another all-time high of nearly $80,000, thus charting a 16% weekly surge. With many altcoins performing even better, over 130,000 over-leveraged traders have been wrecked in the past day, the majority with short positions. Bitcoin/Price/Chart 10.11.2024. Source: TradingView It was just a […]
The spot Bitcoin ETFs have had a particularly strong year and BlackRock’s IBIT has been at the forefront for most of the inflows. This week was particularly positive for the largest BTC ETF as it broke its own record on November 7 – the day after the US election results came out – and attracted […]
Detroit residents will soon be able to pay their taxes and other city fees with cryptocurrency as part of the city’s drive to modernize and attract blockchain businesses. According to the local Office of Treasury, when it launches in mid-2025, this new payment option will make Detroit the largest U.S. city to accept cryptocurrency payments. […]
The native token of the Cronos and Crypto.com ecosystem has recorded impressive gains in the past 24 and 168 hours, having surged to over $0.11 for the first time since June. Here are some of the possible reasons behind this massive rally. Roadmap Provided During the US election day fallout, Crypto.com’s CEO, Kris Marszalek, outlined […]
Approximately 48,700 Bitcoin options contracts are expiring on Friday, Nov. 8, with a notional value of around $3.7 billion. Today’s options expiry is much larger than last week’s following a period of increased volumes and volatility on markets, which have been boosted by Donald Trump’s presidential victory in the United States and the premise of […]
The eleven spot Bitcoin ETFs in the US saw a record inflow day as $1.37 billion in inflows entered the institutional investment products on Nov. 7. The massive inflow comes as Bitcoin notched a new all-time high just below $77,000 in the wake of Donald Trump’s presidential election victory this week and as the US […]
Bitcoin climbed past $75,000 on Wednesday and $76,000 on Thursday morning, setting a fresh record before stabilizing near $74,500. Market experts remain optimistic about the cryptocurrency’s potential for further growth, fueled by expectations of a pro-crypto stance from Donald Trump’s administration. Data also suggests that significant volatility may continue in the near term, as reflected […]