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 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, […]
[PRESS RELEASE – Willemstad, Curaçao, November 4th, 2024] EarnBet.io, a leading online crypto betting platform, proudly announces that it has surpassed the $2 billion mark in player winnings and rewards. This achievement underscores the platform’s rapid growth and unwavering commitment to delivering a unique gaming experience. EarnBet is a dedicated and innovative gambling platform that’s […]
[PRESS RELEASE – Dubai, United Arab Emirates, November 5th, 2024] BNB Chain officially announced MEET48’s acceptance into the 8th season of the MVB (Most Valuable Builder) Accelerator Program, a collaboration with Binance Labs and CMC Labs (CoinMarketCap’s exclusive accelerator program for startups). This 4-week program has historically had a selection rate of less than 1% […]
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 […]
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 […]
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 […]
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 […]
In the last full trading week ahead of the highly-anticipated US presidential elections, the 11 locally-based spot Bitcoin ETFs registered their best week in terms of net weekly flows since March. At the same time, the asset’s price skyrocketed to almost a new all-time high, but lost a lot of momentum in the following days. […]