Crypto Currency News

A cold wallet (12Gws) associated with the now-collapsed crypto exchange Mt. Gox transferred 32,371 B...A cold wallet (12Gws) associated with the now-collapsed crypto exchange Mt. Gox transferred 32,371 Bitcoin to an unknown wallet address starting with 1FG2Cv. According to the data intelligence platform Arkham, the transaction occurred at 7:38 UTC+8.

The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million on November 4, marking their se...The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million on November 4, marking their second-largest outflow day in history.

Two years after the FTX collapse, exchanges are focusing on asset transparency, but Coinbase remains...Two years after the FTX collapse, exchanges are focusing on asset transparency, but Coinbase remains the only major exchange without a public Proof-of-Reserves report.

The majority of that stash, nearly 30,400 BTC, was sent to '1FG2C…Rveoy', and 2,000 BTC wa...The majority of that stash, nearly 30,400 BTC, was sent to '1FG2C…Rveoy', and 2,000 BTC was moved to '15gNR…a8Aok' after first being transferred to a Mt. Gox cold wallet.

Tom Lee from Fundstrat Global Advisors and analysts from Bernstein foresee strong markets leading in...Tom Lee from Fundstrat Global Advisors and analysts from Bernstein foresee strong markets leading into 2025, irrespective of the results of the upcoming US presidential election. While Lee anticipates a broad market rally across various sectors, Bernstein pointed out Bitcoin's (BTC) resilience amid political uncertainty. Tom Lee, managing partner and head of research at Fundstrat, recently shared his insights on the matter.

The recent price movements of Bitcoin have reignited interest among analysts and investors as the cr...The recent price movements of Bitcoin have reignited interest among analysts and investors as the cryptocurrency approaches a significant event—the US election—later this month. A CryptoQuant analyst known as CoinLupin recently shared an analysis on the CryptoQuant QuickTake platform, focusing on Bitcoin’s Market Value to Realized Value (MVRV) ratio, a metric often used to assess Bitcoin’s value in relation to its on-chain fundamentals. With macroeconomic factors introducing uncertainty in the crypto markets, CoinLupin offered insights on the importance of the MVRV ratio for evaluating Bitcoin’s current market position. The MVRV ratio, currently around 2, indicates that Bitcoin’s market value is roughly double its on-chain realized value, reflecting the average price paid by all holders of the asset. CoinLupin stressed that the focus should be on observing changes in the MVRV trend over time rather than fixating on its absolute value. By employing the 365-day Bollinger Band for MVRV alongside the 4-year average—a common indicator of Bitcoin’s cyclical trends—the analyst pointed out that the MVRV ratio is currently above the long-term average and has recently surpassed its 365-day moving average. According to CoinLupin, this suggests that Bitcoin’s upward trend remains intact. He elaborated on the potential implications of Bitcoin’s MVRV levels, especially in relation to historical cycle peaks. In past cycles, Bitcoin has typically reached its peak when the MVRV ratio is between 3 and 3.6. Although Bitcoin’s current MVRV of 2 does not yet reach this peak range, the upward trend in the MVRV suggests that the market may still have room for growth if historical patterns hold. If the Realized Value (RV) remains steady, CoinLupin forecasts that Bitcoin would need to rise by approximately 43% to 77% to achieve an MVRV level between 3 and 3.6. This translates to a potential price target range of $95,000 to $120,000, assuming market conditions favor upward momentum. However, the analyst also noted that the Realized Value could increase as new buying interest develops, potentially pushing peak valuations beyond these estimates. After several weeks of building momentum to break through the $70,000 resistance, Bitcoin has once again dropped below this price point, suggesting there may not be sufficient momentum yet for further gains. So far, the asset has declined by nearly 1% in the past week. Currently, BTC is trading at $68,306, reflecting a slight 1% increase in price, with its 24-hour high at $69,317. Interestingly, despite the recent price dip, Bitcoin's daily trading volume has seen an increase during this period. Data from CoinGecko indicates that BTC's 24-hour trading volume has risen from below $30 billion last Monday to over $38 billion today.

Bitcoin is experiencing considerable volatility and uncertainty as it approaches a crucial week, wit...Bitcoin is experiencing considerable volatility and uncertainty as it approaches a crucial week, with tomorrow’s U.S. election expected to significantly influence its price movements. BTC is currently stable above the $68,000 level, which has transitioned from resistance to a strong demand zone. Analysts view this level as vital for maintaining bullish momentum, especially with high-stakes events on the horizon. Key data from Coinglass shows a marked decline in Bitcoin’s open interest, indicating that many investors are closing their positions due to the uncertainty surrounding the election and the Federal Reserve’s interest rate decision scheduled for Thursday. This drop in open interest reflects a cautious market sentiment as traders anticipate the election outcome and its possible impact on broader financial markets and Bitcoin’s path. With BTC managing to stay above this demand zone, the coming days will be critical for confirming its direction. A sustained hold could enhance BTC’s outlook, potentially leading to a breakout. Conversely, increased selling pressure related to market reactions could challenge this level. The upcoming week could be a pivotal moment for Bitcoin’s price movements as macro events unfold. Bitcoin Investors Preparing for This Week Bitcoin is poised for what could be the most defining week of this market cycle. Approaching all-time highs, BTC is facing increased volatility as two significant events take place: the U.S. presidential election and the Federal Reserve’s decision on interest rates. These events are set to influence both Bitcoin and global financial markets, potentially affecting international trade policies and economic stability. Recent data from Coinglass indicates that investors are preparing for a turbulent week, as open interest in Bitcoin has significantly decreased, with many traders closing their long and short positions ahead of the election. This retreat in open interest indicates caution, as the crypto market anticipates substantial volatility resulting from the election results and the Fed’s rate decision. Coinglass shared an analysis on X, stressing that Bitcoin’s price could see extreme fluctuations regardless of the election outcome, likening it to a “wild rollercoaster.” This week is crucial for Bitcoin and the broader global economy, with analysts suggesting that the election could influence international economic policies and trade relations for years to come. The Fed’s rate decision, set to occur just days after the election, adds further uncertainty, as it could determine the direction of monetary policy and market liquidity. With BTC hovering near historic highs, investors are closely monitoring these events to gauge market direction. Whether Bitcoin breaks to new heights or experiences a pullback largely depends on the evolving economic landscape. For now, Bitcoin remains on edge, with investors ready for a week that could shape its trajectory for the upcoming months. BTC Testing Crucial Liquidity Bitcoin is trading at $68,800 after failing to break its all-time highs last week. This week is expected to bring increased unpredictability to BTC’s price movements, driven by significant global economic events. Key levels to watch are essential: if Bitcoin can maintain support above $68,000, it will likely prepare for another attempt to surpass its record high. However, volatility may test this support, potentially shaking out “weak hands” before any substantial upward momentum. If BTC falls below $68,000, further pullbacks could ensue, allowing institutional buyers to accumulate before a renewed effort. If Bitcoin successfully breaks above its all-time high of $73,794, it will enter a price discovery phase, where the lack of resistance could trigger a rally driven by FOMO (fear of missing out) among investors. This upward momentum in a price discovery zone often leads to rapid price increases as more buyers enter the market. As Bitcoin approaches this level, market participants remain vigilant, anticipating a potential breakout that could redefine broader market sentiment and establish new highs for the cycle.

Deutsche Telekom, Europe's largest telecommunications provider, has announced a pioneering pilo...Deutsche Telekom, Europe's largest telecommunications provider, has announced a pioneering pilot project to operate Bitcoin mining infrastructure using surplus renewable energy. The initiative is a collaboration between Deutsche Telekom subsidiary MMS and Bankhaus Metzler, aiming to utilize excess electricity that would otherwise remain unused due to grid limitations or lack of storage solutions.

Deutsche Telekom's subsidiary, MMS, and Bankhaus Metzler are launching a pilot project to estab...Deutsche Telekom's subsidiary, MMS, and Bankhaus Metzler are launching a pilot project to establish a Bitcoin (BTC) mining operation that utilizes surplus energy. According to a recent announcement from Deutsche Telekom – the parent company of mobile giant T-Mobile – the goal of the operation is to power BTC mining with electricity sourced from renewable energy. The post T-Mobile Parent Company Launches Pilot Project for Bitcoin Mining Infrastructure Using Surplus Energy appeared first on The Daily Hodl.

Bitcoin mining has become an extremely competitive industry that is not only costly but also heavily...Bitcoin mining has become an extremely competitive industry that is not only costly but also heavily reliant on technology. Those looking to enter this expanding field must invest in specialized computer systems, a stable internet connection, a reliable energy source, and possess a considerable amount of skill to manage the mining process. Miners often resort to credit facilities to finance their operations. Currently, mining costs are on the rise, with some experts estimating that costs have soared to $49,500 as of the second quarter. CoinShares reports that this figure is $2,300 higher than the first quarter, where average mining costs were $47,200. The investment company further noted that miners' cash expenses average $85,900, while projected costs reach $96,100. Many BTC miners are now struggling to secure credit lines, and rising interest rates are exacerbating their difficulties. Bitcoin mining is closely tied to the extreme volatility of the digital asset. For instance, many miners missed out on the opportunities presented by the rumors surrounding Bitcoin ETFs in late 2023. In January 2024, the Securities Exchange Commission (SEC) approved applications for at least 11 ETFs, causing Bitcoin to surge past the $70,000 mark. This sharp increase in the asset's value highlighted the mining industry's sensitivity to price fluctuations, particularly after the recent halving of rewards. Currently, many mining analysts are focusing on models that can predict the asset's ongoing rise in hash rate, with current projections for most miners expecting it to reach 765 EH/s. One common criticism of BTC mining is its environmental impact due to high energy consumption and carbon emissions. Experts suggest that if miners adopt alternative energy sources, it could lead to a 63% reduction in carbon footprint by 2050. As hash rates increase and costs continue to rise, miners should be ready to embrace these sustainable energy solutions. Additionally, with mining efficiency declining, many miners are seeking ways to boost their revenues. Some experienced miners are opting to hold tokens instead of mining them, while others are exploring AI-driven solutions as a potential revenue source. It is evident that the BTC mining industry is entering a new phase. As they plan for the future, miners and other stakeholders must address challenges related to costs, compliance, and competition. To remain profitable amid rising expenses, miners will need to find innovative solutions and alternatives.

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An Australian entrepreneur could become a key contributor to the future of Bitcoin by transforming t...An Australian entrepreneur could become a key contributor to the future of Bitcoin by transforming the cryptocurrency into a tool that promotes economic inclusivity around the world. Related Reading: 3AC Founder’s Wife Cashes Out with $38.5 Million Singapore Mansion Sale. Craig Wright is aiming to build a global payment system based on […]

Watch the new documentary PAID IN BITCOIN that showcases the use of Bitcoin at the Bitcoin 2024 conf...Watch the new documentary PAID IN BITCOIN that showcases the use of Bitcoin at the Bitcoin 2024 conference in Nashville.

This move could accelerate institutional adoption of cryptocurrency, impacting global investment str...This move could accelerate institutional adoption of cryptocurrency, impacting global investment strategies and potentially reshaping traditional portfolios. The post First UK Pension Fund Invests 3% of Assets in Bitcoin appeared first on Crypto Briefing.

Bitcoin miners have explored various methods to raise funds and sustain their mining operations desp...Bitcoin miners have explored various methods to raise funds and sustain their mining operations despite the increasing surge in hashrate.

In a filing with the U.S. Securities and Exchange Commission (SEC) made on Monday, the State of Mich...In a filing with the U.S. Securities and Exchange Commission (SEC) made on Monday, the State of Michigan pension fund has revealed its...

The cryptocurrency market is reacting to the upcoming US Presidential election, with over $288M liqu...The cryptocurrency market is reacting to the upcoming US Presidential election, with over $288M liquidated within 24 hours according to Coinglass.

As the U.S. faces the most consequential election of our lifetime, the Trump administration presents...As the U.S. faces the most consequential election of our lifetime, the Trump administration presents an unprecedented opportunity for the Bitcoin community.

In a recent press release, Florida's Chief Financial Officer (CFO) Jimmy Patronis officially re...In a recent press release, Florida's Chief Financial Officer (CFO) Jimmy Patronis officially requested that the State Board of Administration (SBA) explore the feasibility, risks, and potential benefits of investing a portion of Florida's state retirement funds into cryptocurrency, with a particular emphasis on Bitcoin. Patronis's letter, sent on October 29, 2024, underscored Florida's strong ...

MMS, a subsidiary of German telecommunications giant Deutsche Telekom, has entered into a partnershi...MMS, a subsidiary of German telecommunications giant Deutsche Telekom, has entered into a partnership with financial services firm Bankhaus Metzler to mine Bitcoin using its surplus energy. The pilot project will allow both companies to utilize excess renewable energy that would have otherwise gone to waste for Bitcoin mining. According to the telecom company, the project, […]

Michigan State has acquired shares from two Ethereum ETFs offered by Grayscale, making it the first ...Michigan State has acquired shares from two Ethereum ETFs offered by Grayscale, making it the first recorded State Pension Fund to purchase Ethereum ETFs. According to a filing with the US Securities and Exchange Commission (SEC), the State of Michigan has become a top five holder of Grayscale’s spot Ethereum, now holding almost half a million ETH shares.

The fund now holds more Ethereum than Bitcoin, despite the latter receiving regulatory approval for ...The fund now holds more Ethereum than Bitcoin, despite the latter receiving regulatory approval for an ETF earlier in January.

The Michigan State Pension Fund holds over $11 million in spot Ethereum exchange-traded funds. In a ...The Michigan State Pension Fund holds over $11 million in spot Ethereum exchange-traded funds. In a 13F filing, the Michigan Retirement System reported approximately $10 million in Grayscale's ETHE ETF and $1.1 million in the Grayscale Ethereum Mini Trust ETF (ETH). The Michigan State Pension Fund disclosed in a 13F filing that it acquired [...] The post Michigan State Pension Fund Reveals $10 Million in Ethereum ETF Holdings appeared first on CoinJournal.

Michigan's state pension fund has invested $11M in an Ethereum ETF, marking a significant miles...Michigan's state pension fund has invested $11M in an Ethereum ETF, marking a significant milestone for Ethereum ETF investments in US pensions. The post Michigan Becomes the First State Pension Fund to Invest in Ethereum ETFs with $11M Stake originally appeared on Crypto Briefing.

As Ethereum starts to exhibit positive price movement once again, the altcoin is experiencing a surg...As Ethereum starts to exhibit positive price movement once again, the altcoin is experiencing a surge of bullish predictions from various crypto experts regarding its short-term trajectory, indicating a potential rally in the coming weeks. A 63% Rally for Ethereum Could Be on the Horizon. In an optimistic post, market expert and [...]

Several analysts believe that Ripple's XRP is poised for explosive price action. An analyst kno...Several analysts believe that Ripple's XRP is poised for explosive price action. An analyst known as "StephIsCrypto" presents a bold and optimistic outlook for XRP, indicating that a significant price rally is on the horizon due to increased global liquidity. In a published analysis, Steph emphasized the token's historical connection with rising liquidity and structural patterns such as the descending channel and Bollinger Bands. According to Steph, these factors are key to setting up XRP for a price increase soon. At the time of writing, XRP was trading at $0.5052, up 0.5% in the last 24 hours, and has experienced nearly a 2% rally over the past week, according to Coingecko data. XRP's relationship with global liquidity shows that higher liquidity typically benefits Ripple's XRP, driving price rallies. In Steph's analysis, the liquidity of a token, or the available cash flow in the market, has historically helped XRP maintain its price action in previous cycles. Steph is now observing a similar trend, as global liquidity is increasing due to favorable central bank policies. He points to the potential actions of the Federal Reserve, which could inject more money into circulation, weakening fiat currencies but creating more capital. Steph views the token as a great investment opportunity when this liquidity surge occurs. His thesis regarding XRP is also based on the movement of the Weighted Global Liquidity Index (WGLI), which tracks the world's money supply by examining central banks' balance sheets and other significant financial statements. The analyst argues that this index reflects potential price movements of riskier assets, such as XRP. If the index trends upward, crypto assets tend to rise as well. According to Steph, every price surge of XRP has occurred immediately after an increase in the index. Currently, there's a divergence between XRP's price and the index; despite rising global liquidity, XRP's price appears stable. However, for Steph, this situation serves as a bullish signal. He also notes that the Bollinger Bands and the Descending Channel indicate a favorable run for XRP. Since 2021, XRP has been trading within a descending channel, characterized by multiple resistance levels and declining volumes. He highlighted that the asset's Bollinger Bands are compressed, which in the crypto space suggests likely price action. For instance, XRP's Bollinger Bands tightened in 2017, which was followed by a price rally. If the analysis and data trends hold true, the analyst anticipates that XRP could reach $14, representing a 2,670% increase.

このファンドは「UBS USDマネーマーケット投資ファンドトークン」、略して「uMINT」と呼ばれています。このファンドはブロックチェーンと呼ばれる技術に基づいており、特にEthereumの分散台帳技...このファンドは「UBS USDマネーマーケット投資ファンドトークン」、略して「uMINT」と呼ばれています。このファンドはブロックチェーンと呼ばれる技術に基づいており、特にEthereumの分散台帳技術を使用しています。しかし、これは投資家にとって何を意味するのでしょうか？なぜ重要なのでしょうか？UBSにとってのこの重要なニュースについてもっと探ってみましょう。uMINTファンドとは何ですか？uMINTファンドは[...]

One executive from 21Shares stated, 'Just as Amazon evolved beyond books to redefine entire ind...One executive from 21Shares stated, 'Just as Amazon evolved beyond books to redefine entire industries, Ethereum may also surprise us with revolutionary use cases that we can't fully envision today.'

An exploiter managed to steal a significant amount of tokens from crypto casino Metawin's Ether...An exploiter managed to steal a significant amount of tokens from crypto casino Metawin's Ethereum and Solana hot wallets by taking advantage of the protocol's 'frictionless withdrawal system,' announced Metawin CEO Richard 'Skel' Skelhorn early on Sunday. Blockchain investigator ZachXBT, along with Skelhorn, estimated the stolen amount to be over $4 million, with 115 theft addresses linked to the incident.

UBS Asset Management is launching its first tokenized investment fund on the leading smart contract ...UBS Asset Management is launching its first tokenized investment fund on the leading smart contract platform Ethereum (ETH). In a statement, the global wealth manager and multinational investment bank announced that the UBS USD Money Market Investment Fund Token (uMINT) will be available through authorized distribution partners. The Swiss firm, which manages over $5.7 trillion in assets, [...]

Recent price movements of Ethereum indicate a strong presence of sellers, especially around the crit...Recent price movements of Ethereum indicate a strong presence of sellers, especially around the critical resistance level at the 100-day moving average. This price action points to increased downward pressure, with a corrective consolidation anticipated in the near term.

The Shiba Inu team is looking for greater recognition from Vitalik Buterin. The co-founder of Ethere...The Shiba Inu team is looking for greater recognition from Vitalik Buterin. The co-founder of Ethereum has set a significant standard for memecoins. Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu ecosystem, aims to demonstrate SHIB's potential to Ethereum's co-founder, Vitalik Buterin. Kusama's request comes in response to Buterin's comments regarding Dogecoin (DOGE).

UBS has launched a tokenized money market fund built on the Ethereum blockchain, marking a significa...UBS has launched a tokenized money market fund built on the Ethereum blockchain, marking a significant step towards embracing digital assets in traditional finance. As the $5.7 trillion firm joins a growing list of institutional players adopting tokenized solutions, this move underscores the increasing acceptance of decentralized technology. UBS Asset Management, a major investment manager [...]

Ethereum (ETH), the leading smart contract platform, is signaling a potential bounce, according to a...Ethereum (ETH), the leading smart contract platform, is signaling a potential bounce, according to a well-known crypto analyst. Digital asset trader Ali Martinez informs his 76,700 followers on social media platform X that ETH's Tom DeMark (TD) Sequential Indicator has presented a bullish signal on its four-hour chart. Traders utilize the TD [...] The post Ethereum (ETH) Shows Potential Rebound Signal, According to Crypto Analyst – Here’s His Outlook appeared first on The Daily Hodl.

Like most digital assets, Ethereum experienced a correction this week, losing over 5% in the last 24...Like most digital assets, Ethereum experienced a correction this week, losing over 5% in the last 24 hours and trading just above $2,500. While the increased on-chain activity may lead some bulls to bet on a rebound for Ether, a few experts hold a different view. Veteran crypto analyst Peter Brandt predicts a further decline in Ether, suggesting a potential drop of over 60% from its current price, with no signs of reversal in sight. Currently, Ether is trading at a 42-month low. Despite Bitcoin re-testing the $70k mark earlier this week, Ether's price action remains sluggish and is far from the experts' target of $4k. Brandt pointed out in a Twitter/X post that there was no buy signal for Ether, highlighting a bearish chart with an unmet target at $1,551. The one-day chart shows a continued bearish momentum for the asset, which started last August, characterized by a descending channel. This bearish outlook spells trouble for traders and holders, suggesting a continued downtrend. Brandt also noted discouraging metrics for Ethereum, including a drop of over 5% in the last 24 hours, a sharper decline than Solana (-4.91%) and Bitcoin (-3.87%). The ETH/BTC trading ratio has fallen to 0.03613, a 42-month low, as Bitcoin continues to lead the broader crypto market. While Ethereum is currently priced at $2,507, Brandt anticipates a further decline to $1,551, reflecting a potential 62% drop from its current value. He sees $1,551 as a key milestone and an unmet target, marking a point of capitulation for holders. Recent price dips have shaken investor confidence, with Ethereum struggling to maintain the $2,400 support level. Although Ethereum, as the second-largest cryptocurrency, has shown initial signs of a rally, Brandt maintains a bearish outlook unless new technical indicators emerge.

Two prominent Ethereum researchers, Justin Drake and Dankrad Feist, have resigned from their advisor...Two prominent Ethereum researchers, Justin Drake and Dankrad Feist, have resigned from their advisory positions at EigenLayer, a restaking platform. The announcement was made today on X, with both researchers expressing their intention to concentrate fully on the Ethereum base layer. Drake had already left his position in September but made his departure public today. [...]

While Ethereum has long been the dominant platform for decentralized applications, a new wave of lay...While Ethereum has long been the dominant platform for decentralized applications, a new wave of layer-1 blockchains is emerging that has the potential to surpass it in both performance and adoption this year. This article explores three promising contenders that could redefine the crypto landscape and challenge Ethereum's position in the market.

However, a promised update on the conflict of interest policy from the Ethereum Foundation has yet t...However, a promised update on the conflict of interest policy from the Ethereum Foundation has yet to be publicly released.

Researchers Justin Drake and Drankrad Feist sparked controversy in May when they disclosed that they...Researchers Justin Drake and Drankrad Feist sparked controversy in May when they disclosed that they had received substantial token payments from EigenLayer, raising concerns about potential conflicts of interest.

The crypto market has faced significant bearish pressure on most established coins over the past few...The crypto market has faced significant bearish pressure on most established coins over the past few months. On October 26th, Ethereum (ETH) experienced an unexpected price drop before rebounding to a support level of $2,400. However, even in a bearish market, some cryptocurrencies tend to thrive, making the list of hottest cryptos. GRASS [...]

Zodia Custody, the digital asset custodian backed by Standard Chartered, is in discussions for a new...Zodia Custody, the digital asset custodian backed by Standard Chartered, is in discussions for a new round of capital raising. The institutional-grade digital asset custody solution aims to secure approximately $50 million to enhance its operational capacity, expand its product offerings, and broaden its market reach. This funding initiative follows a previous capital raise of $36 million.

Gene Zawrotny, a former executive, is suing Linqto for fraud, market manipulation, and other allegat...Gene Zawrotny, a former executive, is suing Linqto for fraud, market manipulation, and other allegations. He claims that Linqto inflated its user base, engaged in insider trading, and manipulated share prices. Gene Zawrotny, who was previously the Chief Revenue Officer at the Delaware-based investment firm Linqto, has filed a lawsuit against the company and two of its...

As the political landscape shifts in anticipation of the upcoming midterm elections in 2026, major p...As the political landscape shifts in anticipation of the upcoming midterm elections in 2026, major players in the crypto industry are making significant financial commitments to support candidates who advocate for favorable regulatory changes. Notably, venture capital firm Andreessen Horowitz, better known as a16z, has pledged more than $23 million to the political action committee […]

As American voters head to the polls today, the whole world awaits the outcome.

BingX has announced its investment division, BingX Labs, and has invested in a new project called Ag...BingX has announced its investment division, BingX Labs, and has invested in a new project called AgentLayer to create decentralized economies for autonomous AI agents. AgentLayer launched in September on BingX's launchpool and is currently listed on the exchange for trading.

This year has seen a significant surge in inflows for crypto investment products, reaching an annual...This year has seen a significant surge in inflows for crypto investment products, reaching an annual record of $29.2 billion, according to a recent report from CoinShares. Weekly net inflows for the past week alone amounted to $2.18 billion, driven by various market factors and heavily influenced by the political climate in the United States.

The industry needed a friend after the Biden Administration. However, partnering with Trump comes wi...The industry needed a friend after the Biden Administration. However, partnering with Trump comes with many risks, says Ben Schiller.

A Polymarket user, identified as a 'whale,' sold nearly $4 million in bets related to form...A Polymarket user, identified as a 'whale,' sold nearly $4 million in bets related to former US President Donald Trump's victory in the upcoming Nov. 5 elections over the past 24 hours. This investor had accumulated over $15.3 million in trading volume across 24 different markets. On-chain data showed that the 'whale' known as 'larpas' began to liquidate positions [...] The post Whale Sells $4M in Bets on Trump Victory on Polymarket Amid Election Uncertainty appeared first on CryptoSlate.

A new report from Binance Research has raised alarms about the significant risks in the memecoin mar...A new report from Binance Research has raised alarms about the significant risks in the memecoin market, revealing that 97% of these tokens have either failed or become inactive shortly after their launch. The report also highlights widespread manipulation, where coordinated groups engage in pump-and-dump schemes, leaving everyday investors to suffer the most significant losses. Although [...]

Crypto giants and Silicon Valley heavyweights have boosted Fairshake's funds for the U.S. 2026 ...Crypto giants and Silicon Valley heavyweights have boosted Fairshake's funds for the U.S. 2026 mid-term election cycle, just hours before America chooses its next president.

Panama, Panama, November 4th, 2024, Chainwire Betski, the unique all-in-one online iGaming platform,...Panama, Panama, November 4th, 2024, Chainwire Betski, the unique all-in-one online iGaming platform, announces the successful closure of its pre-seed funding round, securing $345,000 USD. This round was secured through a combination of 2% equity and 2.25% of the token supply, marking a pivotal moment in Betski’s growth trajectory. Founder & CEO Alejandro Navarro commented, “We’re not just offering an […]

Former President Donald Trump’s shift from skeptic to supporter has significantly impacted the crypt...Former President Donald Trump’s shift from skeptic to supporter has significantly impacted the cryptocurrency industry.

Investors often choose which cryptocurrencies to purchase based on their rankings, popularity, or re...Investors often choose which cryptocurrencies to purchase based on their rankings, popularity, or recommendations. Among these factors, recommendations carry significant weight in the digital landscape, as investors are eager to hear feedback about various cryptocurrencies and their benefits. They frequently rely on crypto...

Billionaire venture capitalist Chamath Palihapitiya argues that the US economy is not performing wel...Billionaire venture capitalist Chamath Palihapitiya argues that the US economy is not performing well, despite optimistic reports to the contrary. In a recent episode of the All-in Podcast, Palihapitiya presents data indicating that government spending has contributed significantly to the economic growth observed in recent years. According to him, the [...]

Tom Lee, managing partner and head of research at Fundstrat, asserts that the markets are poised to ...Tom Lee, managing partner and head of research at Fundstrat, asserts that the markets are poised to rally into 2025 regardless of who wins the US election. In a recent interview on CNBC, Lee mentioned that while the election has caused some trades to reverse, it has also left cash on the sidelines, ready to fuel the market.

WebZero has revealed the complete agenda for its conference sub0 reset, inviting developers, investo...WebZero has revealed the complete agenda for its conference sub0 reset, inviting developers, investors, and innovators to collaborate with Polkadot founder Dr. Gavin Wood and industry leaders from Parity and the Web3 Foundation. Together, they will focus on developing JAM, a groundbreaking paradigm that lays the foundation for creating and securing Web3 applications. The [...]

As we enter November 2024, the cryptocurrency market presents a variety of promising investment oppo...As we enter November 2024, the cryptocurrency market presents a variety of promising investment opportunities. Our top four picks are BlockDAG, Bitcoin, Solana, and Near Protocol—each offering strong fundamentals, the potential for significant growth, and exciting developments that are likely to make them profitable investments this month. Here’s a closer look at why each of these cryptocurrencies is worth considering...

A16z has donated $23 million to Fairshake to support pro-crypto policies, encouraging bipartisan leg...A16z has donated $23 million to Fairshake to support pro-crypto policies, encouraging bipartisan legislative support for regulations on digital assets. The post a16z crypto backs Fairshake PACs with $23 million for pro-crypto policy in 2026 midterms appeared first on Crypto Briefing.

Economic challenges have led to financial nihilism, prompting younger investors to turn to meme coin...Economic challenges have led to financial nihilism, prompting younger investors to turn to meme coins as an alternative to traditional finance.

Fairshake, a nonpartisan super PAC focused on crypto interests in U.S. politics, has successfully ra...Fairshake, a nonpartisan super PAC focused on crypto interests in U.S. politics, has successfully raised $78 million to support candidates who advocate for American blockchain and crypto innovation, according to a statement shared with CryptoSlate on November 4. The funding includes over $30 million currently available and an additional $48 million in new commitments.

Coinbase, the largest cryptocurrency exchange in the US by trading volume, achieved a significant vi...Coinbase, the largest cryptocurrency exchange in the US by trading volume, achieved a significant victory in its battle to disclose Chokepoint 2.0 documents.

Tokenomist has revealed that $2.6 billion in new token supply is scheduled for release in November. ...Tokenomist has revealed that $2.6 billion in new token supply is scheduled for release in November. The data tracker specified that approximately $1.7 billion will be unlocked gradually, while $900 million in tokens will be unlocked all at once.

Singapore Gulf Bank has launched Bahrain's first regulated corporate banking services that are ...Singapore Gulf Bank has launched Bahrain's first regulated corporate banking services that are compatible with cryptocurrencies, bridging the gap between traditional and digital finance. SGB offers seamless and secure digital asset management for corporate clients, positioning Bahrain as a leader in digital finance in the MENA region. Singapore Gulf Bank (SGB) has officially launched its corporate banking services, marking a historic milestone as Bahrain's first regulated bank to...

Israeli billionaire businessman Idan Ofer has signed a significant agreement with the Chinese shipbu...Israeli billionaire businessman Idan Ofer has signed a significant agreement with the Chinese shipbuilding company Jiangnan...

Meta stated that sharing open-sourced AI technology within the US and with its allies will help main...Meta stated that sharing open-sourced AI technology within the US and with its allies will help maintain their 'technological edge' over China and other competitors.

Over the weekend, Binance and Coinbase were accused of demanding millionaire fees for token listings...Over the weekend, Binance and Coinbase were accused of demanding millionaire fees for token listings, sparking a conversation about listing requirements, competition between exchanges, and FUD (fear, uncertainty, and doubt). Several industry figures, including Justin Sun, Brian Armstrong, and Changpeng Zhao, commented on the issue, with Zhao denying the claims on Monday. Related Reading: XRP [...]

A group of major firms from traditional finance have teamed up to launch the Global Dollar Network, ...A group of major firms from traditional finance have teamed up to launch the Global Dollar Network, a regulation-compliant network aimed at accelerating the adoption of stablecoins.

Binance founder Changpeng Zhao, also known as 'CZ,' is back in the spotlight after spendin...Binance founder Changpeng Zhao, also known as 'CZ,' is back in the spotlight after spending four months in jail. One of Zhao's first public appearances was at the Binance Blockchain Week conference, where he shared insights about his experiences, future plans, and his current relationship with the exchange he founded.

Here’s a roundup of the most viral and headline-grabbing moments in the crypto industry as we approa...Here’s a roundup of the most viral and headline-grabbing moments in the crypto industry as we approach Election Day on November 5.

We surveyed seven generative AI models, from ChatGPT to Venice AI, about the U.S. General Election. ...We surveyed seven generative AI models, from ChatGPT to Venice AI, about the U.S. General Election. The responses were as inconclusive as the polls.

Tech billionaire Mark Zuckerberg's company Meta faced delays in its plans to construct a new AI...Tech billionaire Mark Zuckerberg's company Meta faced delays in its plans to construct a new AI data center due to a special species of bees. According to a report, a rare and endangered species of bees was spotted on the land where Meta intends to build its large nuclear-powered data center.

Layer-1 blockchain MANTRA and the UAE-based tokenization platform Libre Capital aim to promote furth...Layer-1 blockchain MANTRA and the UAE-based tokenization platform Libre Capital aim to promote further adoption of tokenized real-world assets. On November 4, MANTRA (OM) and Libre Capital announced a partnership to leverage their combined strengths to offer on-chain funds to...

Alibaba's Yuanjing will concentrate on metaverse applications and services despite layoffs impa...Alibaba's Yuanjing will concentrate on metaverse applications and services despite layoffs impacting operations in two cities.

OpenSea announced the launch of a new version, following a year of teasing the release of its 2.0 ma...OpenSea announced the launch of a new version, following a year of teasing the release of its 2.0 marketplace.

The Global Dollar Network aims to accelerate the adoption of stablecoins worldwide and to incentiviz...The Global Dollar Network aims to accelerate the adoption of stablecoins worldwide and to incentivize new use cases for the stablecoin USDG.

In a significant move for Amazon Web Services (AWS), the company has announced a new AI alliance...

The Global Dollar Network, whose participants will earn yield for promoting the adoption of USDG, al...The Global Dollar Network, whose participants will earn yield for promoting the adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital, and Nuvei.

The company announced its third quarter results on Monday afternoon.

"In this election, the crypto vote could be the difference between winning and losing," sa..."In this election, the crypto vote could be the difference between winning and losing," says Logan Dobson, Executive Director of Stand With Crypto, an industry-funded non-profit.

Willemstad, Curaçao, November 4th, 2024, Chainwire EarnBet.io, a leading online crypto betting platf...Willemstad, Curaçao, November 4th, 2024, Chainwire 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 has been providing ...