Donald Trump’s potential move to establish a national bitcoin reserve sparks interest on Polymarket. Polymarket Users Place Bets on U.S. Bitcoin Reserve In an interesting turn, Polymarket, a decentralized prediction market platform, has seen some activity in a bet worth $262,098 that wagers on the possibility of President-elect Donald Trump establishing a national bitcoin reserve. […] Source: https://news.bitcoin.com/will-trump-make-bitcoin-americas-reserve-currency-polymarket-bettors-say-maybe/
Category: News
Bitcoin Just Hit $93,000—Here’s Why Bitwise Thinks It’s Going to $500K
Think you’re too late to Bitcoin? You’ve still got time, according to ETF manager Bitwise’s chief investment officer, who predicts sizable gains still to come. Of course, he would say that. But crypto asset manager boss Matt Hougan has laid out some interesting reasons why he thinks the average investor can still snap up “digital gold”—and that being late to…
Blackrock's BUIDL goes multichain
The tokenized money market fund will launch on nearly half a dozen new blockchain networks. Source: https://cointelegraph.com/news/blackrock-buidl-goes-multichain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Elon Musk and Dogecoin: How the Billionaire Became the ‘Dogefather’
As Dogecoin makes a comeback off the back of Bitcoin’s surge, some may be pondering: Where did the asset come from? What’s it for? And what’s Tesla CEO Elon Musk got to do with it? The original meme coin’s boom largely has the world’s richest man to thank. Musk’s obsession with shitposting helped boost the coin to a top 10…
Mixed Results as Bitcoin Hits Record Highs
The latest earnings season saw Bitcoin miners releasing mixed results amid a postelection Bitcoin rally. As Bitcoin (BTC) reached a record high of $89,995 on Monday, the cryptocurrency’s rapid ascent continued to fuel activity in the mining sector. Leading miners, including Hut 8 (NASDAQ:HUT), HIVE Digital (NASDAQ:HIVE), and MARA Holdings (NASDAQ:MARA), delivered quarterly results with varied financial outcomes. Despite Bitcoin’s…
Bitcoin’s record highs push big banks’ profits to billions — Report
As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts. Source: https://cointelegraph.com/news/bitcoin-record-highs-push-big-banks-profits-billions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OpenSea users drop securities suit, Whales drive Q3 NFT comeback: Nifty Newsletter
NFT whales on the BNB Chain ecosystem drove an increase in trading volume in the third quarter of 2024. Source: https://cointelegraph.com/news/opensea-users-drop-securities-suit-bnb-chain-whales-drive-q3-nft-comeback-nifty-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Hits New Highs, Dogecoin Surges
The cryptocurrency market experienced a remarkable surge as Bitcoin (BTC) soared to a fresh all-time high, surpassing $93,000 amid a “Trump crypto rally.” This rally has been fueled by the renewed optimism in the crypto community following Donald Trump’s recent election victory. Alongside Bitcoin, Dogecoin (DOGE), the popular meme coin often associated with tech entrepreneur Elon Musk, has seen its…
Bitcoin price metrics forecast rally to $100K and above — Here's why
Data suggests Bitcoin’s all-time high rally to $93,400 is far from over. Source: https://cointelegraph.com/news/bitcoin-price-metrics-forecast-rally-to-100-k-and-above-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Does Mike Tyson Have a Shot Against Jake Paul? Here’s What Our AI Model Says
Netflix is reportedly paying at least $60 million in purses to make history in its first-ever, live, non-pay-per-view sports broadcast. The streaming giant’s venture into live programming pits 27-year-old YouTuber-turned-boxer Jake Paul against Mike Tyson, 58, in a November 15 clash at AT&T Stadium that’s already drawing intense scrutiny from prediction markets and sports analysts. “I’m here to make $40m…