Most of the Donald Trump-themed memecoins have tanked while the rest of the crypto market continues to gain. Source: https://cointelegraph.com/news/trump-memecoins-tank-40-after-us-election-victory?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Polymarket Faces Potential Ban in France After Raking in $3.5B from US Election: Report
France’s National Gaming Authority is reportedly planning to block Polymarket, the blockchain-based prediction market platform that saw $3.5 billion in trading volume during the U.S. presidential election. The regulator is “currently examining [Polymarket’s] operation as well as its compliance with French gambling legislation,” according to a report from French news outlet The Big Whale. Decrypt has reached out to Polymarket…
The Rising Force: Growing BRICS Relations Signal a New Economic Powerhouse
BRICS is expanding rapidly, strengthening ties as its growing membership boosts market capacity and cements its position as a major global economic force. Inside the Economic Surge of BRICS – A New Global Power Bloc Emerges The BRICS economic bloc is experiencing rapid growth, with its expanding market capacity and economic influence now outpacing traditional […] Source: https://news.bitcoin.com/the-rising-force-growing-brics-relations-signal-a-new-economic-powerhouse/
AI Advocates See Trump Re-election as Industry Boost but Urge Caution on Policy
Supporters of artificial intelligence are welcoming Donald Trump’s re-election as a potential boost for the industry, though careful consideration on policy direction is essential, they say. Trump’s win is “a positive thing” for the artificial intelligence business, said Ray Wu, managing partner at Silicon Valley venture capital firm Alumni Ventures, noting that promoting AI innovation requires a lenient regulatory approach.…
BlackRock’s Bitcoin ETF Clinches Record $4 Billion Trading Volume Amid Trump Win
BlackRock’s iShares Bitcoin Trust (IBIT) achieved its highest-ever daily trading volume of $4.1 billion Wednesday evening amid a record-setting price for the world’s largest crypto. Bitcoin swelled early in the presidential race, reaching a fresh all-time high above $75,000 shortly after Donald Trump’s victory. US-based spot Bitcoin exchange-traded funds have stood to benefit. IBIT recorded $1 billion in trading volume…
Crypto stocks close on huge gains riding Donald Trump’s US election win
Traders have seized on optimism that the more pro-crypto Republicans could also win a majority in Congress after the party won the Senate and the White House. Source: https://cointelegraph.com/news/crypto-stocks-gain-donald-trump-election-win?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock Bitcoin ETF sees 'biggest volume day ever' with $4.1B traded
BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States. Source: https://cointelegraph.com/news/blackrock-bitcoin-etf-sees-biggest-volume-day-ever-4-1-billion-traded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Taps Intraday High of $76.4K—Is This the Start of a Golden Bull Era?
Bitcoin (BTC) hit a peak of $76,481 on Bitstamp shortly after 3 p.m. EDT Wednesday. By 7:30 p.m., the flagship cryptocurrency hovered at $75,297 per coin. Market Chaos as Bitcoin Short Sellers Take a $242M Hit The day brought bitcoin a solid gain of over 9% against the U.S. dollar as of 7:30 p.m. It’s […] Source: https://news.bitcoin.com/bitcoin-taps-intraday-high-of-76-4k-is-this-the-start-of-a-golden-bull-era/
Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain. Source: https://cointelegraph.com/news/hut-8-purchases-31000-new-bitcoin-miners-hashrate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin Primed for Massive Breakout: Peter Brandt Says ‘In Musk We Trust’
Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk’s influence and a channel breakout drive momentum. Peter Brandt Predicts DOGE Rally: Channel Breakout Signals New Highs With Elon Musk in Play Veteran trader and chart analyst Peter Brandt has indicated optimism about dogecoin’s (DOGE) upcoming […] Source: https://news.bitcoin.com/dogecoin-primed-for-massive-breakout-peter-brandt-says-in-musk-we-trust/