TL;DR Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president. Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K. Betting on the Wrong Horse? The US presidential elections are undoubtedly among this year’s hottest topics. The latest […]
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 […]
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 […]
Bitcoin prices have made a new peak price of $75,000 during early Asian trading on Wednesday, Nov, 6, according to Tradingview measuring prices on Binance. The price pump followed a 9% gain on the day as the US election votes were counted, and Donald Trump extended his lead over Kamala Harris at the time of […]
There will be a new president in the White House this week, and the victor will have a huge impact on the crypto landscape in the United States over the next few years. “Regardless of who wins, we should see elevated volatility in the coming days,” commented the Kobeissi Letter. Meanwhile, industry experts and analysts […]
Crypto markets have retreated over the weekend following a Bitcoin-powered rally last week, and more volatility is expected in the next several days. The US presidential election on Tuesday will cause short-term volatility as a Trump win is likely to be positive for crypto, while a Harris victory will have the opposite effect. In addition […]
The meme coin sector rallied substantially in the past several months, with its market capitalization briefly surpassing $70 billion a few days back. Currently, the figure stands at around $64 billion following the latest correction. According to CoinGecko, there are more than 2,300 meme coins, with some taking center stage due to their price swings […]
Polymarket’s odds as an election indicator have been questioned in a new report despite its widespread citation in mainstream media. On Oct. 30, Fortune reported that analysts at two crypto research firms had found evidence of “rampant wash trading” on the blockchain betting platform. The findings come from separate investigations completed by Chaos Labs and […]
TL;DR A trader turned a $96 meme coin investment into a paper profit exceeding $3 million. However, investors should pay attention when jumping on the bandwagon due to the infamous volatility of memes, which could lead to devastating losses. What a Trade… Meme coins are an exciting part of the cryptocurrency world and have become […]
According to filings with the United States Federal Election Commission, Marc Andreessen and Ben Horowitz each donated $2.5 million to a pro-Trump super PAC called Right For America. Their support for Trump is based on his policies being seen as beneficial to the crypto industry and startups, which they call the “little tech agenda,” according […]