Bitcoin has reached a new all-time high (ATH), driven by strong demand in spot markets and a wave of institutional investments, as detailed in a report from Glassnode researchers Cryptovizart and Ukuria OC. Report: Bitcoin Soars as Institutional Demand Fuels Unprecedented Gains This ongoing bitcoin (BTC) rally highlights a clear favoring of spot purchases over […] Source: https://news.bitcoin.com/bitcoin-frenzy-unleashed-glassnodes-study-shows-95-supply-in-profit/
The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement. Source: https://cointelegraph.com/news/donald-trump-sec-chair-senate-recess-appointment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Less than a week after the 2024 U.S. election, the prediction market Polymarket has seen daily trading volume drop sharply. After Election Spike, Polymarket Returns to Quieter Trading Before the election between Donald Trump and Kamala Harris, the Polygon-powered Polymarket buzzed with activity as bettors wagered on the presidential outcome. In addition to the presidential […] Source: https://news.bitcoin.com/polymarket-faces-significant-post-election-lull-in-trading-volume-user-activity/
Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills. Source: https://cointelegraph.com/news/libeara-fund-bridge-launch-tokenized-money-fund-on-avalanche?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Klippsten warns that relaxed regulations under Trump could trigger a chaotic altcoin surge, drawing liquidity away from Bitcoin. Source: https://cointelegraph.com/news/trump-election-could-spark-wild-west-era-crypto-says-swan-com-ceo-cory-klippsten?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Derivative products tied to the new index will not be available to users in the United States, United Kingdom, or Canada. Source: https://cointelegraph.com/news/coinbase-launches-coin50-index-track-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin is currently experiencing a price correction but underlying metrics show bullish run is on track to continue. Bitcoin Can Deliver Another Wave of Massive Pumps Over the past week, bitcoin (BTC) has set multiple new all-time highs with the latest seeing the number cryptocurrency hit the $89,600 mark. However, a healthy correction was bound […] Source: https://news.bitcoin.com/key-metrics-suggest-bitcoins-rally-to-90k-and-beyond-is-sustainable/
NEW YORK and LONDON and SINGAPORE, Nov. 11, 2024 /PRNewswire/ — Taiko, Ethereum‘s first based rollup network, has just enabled multiple Zero-Knowledge (ZK) proofs powered by Succinct and RISC Zero. This enhanced multi-proof architecture, that currently includes SGX proofs, will help secure the network’s 5 million daily transactions. As ZK-tech is still early in its development, Taiko’s multi-proof approach aims to address any possible…
Monday was a record-breaking day for the crypto industry, with Bitcoin surging all day and reaching a new all-time high price mark above $89,000. But it wasn’t just the day that we saw Bitcoin’s highest price yet, but also its biggest single day ever for dollar gains. Bitcoin jumped $8,343 over the course of the day Monday, from start to…
SOL breaks $200, FED points to soft Landing, MOODENG hits $310M BTC posts another ATH of $76.8k. SOL tops $200 for first time since April. Brian Armstrong wants Pierce for SEC Chair. Trump considers Robinhood CLO for SEC Chair. Coinbase launches wrapped BTC on Solana. BTC could soar for rest of the year: JPM. Detroit to accept crypto for taxes…
