Animoca Brands – the Hong Kong-based Web3 giant – led the venture landscape in October, signaling broader ambitions across different sectors. Messari reported that Animoca made nine investments, surpassing other active entities such as CMS Holdings, which made seven, and Hack VC with six. Animoca Brands Pushes Venture Limits in October Traditionally known for its […]
Bitcoin hit an all-time high of $81,800 in early trading in Asia on Monday, Nov. 11, according to CoinGecko. The move has culminated in a weekly gain of 18%, with the asset adding a whopping $14,000 since its Nov. 5 price of $67,500. Most of those gains have come in the wake of Donald Trump’s […]
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 […]
In perhaps one of the most intriguing and important weeks for the US, local investors showed uncertainty at first but ultimately changed their sentiment toward the spot Bitcoin ETFs as the country elected a new president. Even the spot Ethereum ETFs saw some impressive net inflows for their own standard. BTC ETFs During Election Week […]
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 […]
Bitcoin’s highly positive week continued yesterday as the asset jumped above $77,000 to chart another all-time high before retracing slightly. However, some of the altcoins have emerged as today’s top performers, including Ethereum, which was relatively sluggish until this week. BTC’s Latest Peak The start of the business week was quite underwhelming for the primary […]
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. […]