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CRO Explodes by Double Digits as Crypto.com CEO Reveals 2025 Roadmap

Cronos (CRO), the native token of a blockchain developed and run by the cryptocurrency exchange Crypto.com, has recorded double-digit gains following the unveiling of the 2025 roadmap for the leading digital asset trading platform. According to data from CoinMarketCap, CRO surged 31.9% from $0.072 to $0.095 a few hours after Crypto.com’s CEO Kris Marszalek revealed […]

Bitcoin Returns to Top 10 Biggest Global Assets by Market Cap After Soaring to $75K

The ever-volatile cryptocurrency industry benefited from Donald Trump’s growing chances to win the US presidential elections with massive rallies by most assets. Bitcoin finally broke its March all-time high of $73,737 and soared past $75,000 to chart a new peak. Its market capitalization exploded in tandem to a high of its own at $1.5 trillion […]

Anti-Crypto Senate Banking Chair Sherrod Brown Ousted in Ohio 

Bernie Moreno, a Republican businessman with backgrounds in auto dealerships and blockchain technology, has defeated incumbent Democratic Senator Sherrod Brown in Ohio. The victory has major implications for both the US Senate’s balance of power and the regulatory landscape for crypto. “Another anti-crypto one bites the dust,” exclaimed Custodia Bank founder and CEO Caitlin Long. “Getting […]

Single Trader Was Liquidated for $75 Million on Binance Amid BTC’s Surge to New All-Time High

The cryptocurrency market is rallying in anticipation that Republican candidate Donald Trump will win the US presidential elections as his lead continues to expand. While that’s good news for the bulls, many short traders have been wrecked, with the single-largest being a whopping $75 million liquidation on Binance. Bitcoin/Price/Chart 06.11..2024. Source: TradingView CryptoPotato has reported […]

What Happened With Bitcoin, Ethereum ETFs on Last Trading Day Before US Elections?

November 5 is finally here, and all eyes are on the United States as the country elects its next president – whether it will continue with its Democratic views as it did during the past four years or it will go back to the previous cycle when Republican candidate Donald Trump was in charge. As […]

British Pension Firm Makes First Direct Allocation to Bitcoin

British pension firm Cartwright has advised the allocation of 3% BTC to an unnamed pension fund, which has invested directly in the asset rather than via an exchange-traded fund. The company is now urging institutional investors to allocate assets into Bitcoin, according to a Nov. 4 report from industry magazine Corporate Advisor. As a percentage, […]

These 2 Exchanges Lead in Bitcoin Reserve Growth Since FTX’s 2022 Collapse

The FTX collapse of November 2022 continues to serve as a stark reminder of the necessity for rigorous asset monitoring. This event catalyzed a shift toward transparency, with crypto exchanges now disclosing more about their reserves and user fund management. As November 6th marks two years since the collapse, only Bitfinex and Binance witnessed their […]

Sequoia Capital to Earn $100M From Stripe’s $1.1B Acquisition of Bridge

Venture capital firm Sequoia Capital stands to make approximately $100 million following Stripe’s $1.1 billion purchase of Bridge. The substantial return is particularly notable in the crypto sector, where venture funding has significantly declined since its peak in 2022. Other Investors Also Set for Major Returns According to reports from Bloomberg, Sequoia invested $19 million […]

Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower

Bitcoin mining firm Riot recorded $84.8 million in revenue in the third quarter of 2024, representing a 65% increase over the same quarter in 2023. This growth can be attributed to the 159% year-over-year increase in deployed hash rate which reached 28 EH/s by the end of the quarter. Riot’s Q3 Financial Results According to […]