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/
Category: News
Libeara, FundBridge launch US treasury fund on Avalanche
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
Trump’s Election Will Spark a “Wild West” Era in Crypto, Says Swan.com CEO
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
Coinbase launches COIN50 Index to track digital assets
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
Key Metrics Suggest Bitcoin’s Rally to $90K and Beyond is Sustainable
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/
Taiko Enables Multiple ZK Proofs on Mainnet for Enhanced Security
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…
Bitcoin Has Had a Lot of Good Days—It Just Had Its Best One Ever
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
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…
Dogecoin Price Rises 44% to Bring DOGE Past $0.4 and Flockerz Might be the Next Meme Coin to Explode
It’s been an incredible few days for Dogecoin (DOGE) holders. The OG meme crypto has soared past the $0.40 level and is now just 44% below its all-time high. However, new meme coin Flockerz (FLOCK) has also been catching traders’ attention – with some speculating that it could be about to explode even higher than […] Source: https://news.bitcoin.com/dogecoin-price-rises-44-to-bring-doge-past-0-4-and-flockerz-might-be-the-next-meme-coin-to-explode/
Trump Wins Election, Bitcoin hits New ATH, memes & DeFi go Parabolic!
Trump Wins Election, Bitcoin hits New ATH, memes & DeFi go Parabolic! BTC hits ATH of $75k on Trump victory. Every coin in the top 100 higher. 220 pro-crypto candidates elected in US. Warren still defeats crypto advocate Deaton. Gensler out, Ulbritch freed and new policy expected. DeFi tokens the biggest gainers on Trump victory. BTC & SOL hit cycle…