Day

November 6, 2024
Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump’s Nov. 5 US election win. Blockchain analytics firm Arkham Intelligence has launched a cryptocurrency derivatives exchange, according to a Nov. 6 announcement. The exchange will reportedly target retail traders and compete with existing platforms such as Binance.  It will integrate Arkham’s research and...
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Bitcoin could top $1 million per coin during Trump’s second term, according to historical price data. Bitcoin (BTC) soared by over 1,900% during Donald Trump’s first term as the United States president between November 2016 and November 2020. This occurred despite his critical stance on the cryptocurrency at the time, highlighted by his well-known 2019...
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The vast majority of Tether’s USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.  Stablecoin issuer Tether announced it was conducting a large cross-chain swap of more than 2 billion Tether-USD (USDT) from various blockchain networks to the Ethereum network on November 6, 2024. According to Tether, 1...
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Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs. Bitcoin (BTC) surged by 10.5% to hit a new all-time high at $75,350 from Nov. 5 to Nov. 6 following former US President Donald Trump’s win in the 2024 election.  Despite the recent...
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With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”  In one of her first post-election messages, Wyoming Senator Cynthia Lummis reiterated plans for United States lawmakers to “build a strategic Bitcoin reserve,” presumably when Republicans take...
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A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval. United States Senator Cynthia Lummis, long known as the “Crypto Queen” of Capitol Hill, has thrown a financial curveball into the post-election buzz by announcing plans to establish a strategic Bitcoin (BTC) reserve.  Source: Senator Cynthia Lummis This bold...
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The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization. Opinion by Ben Lilly, managing partner and head of research at Jlabs Digital When it comes to Ether, or even Bitcoin, for that matter, what is the most basic reason to hold...
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WazirX founder Nischal Shetty also announced the upcoming introduction of staking services to the centralized cryptocurrency exchange. Nischal Shetty, the founder of the popular Indian crypto exchange WazirX, announced the company is expanding operations and exploring building a separate decentralized exchange (DEX) that will operate alongside the company’s current centralized service. According to Shetty, the...
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Analysts for the crypto exchange Bitfinex anticipate a rise in capital inflows following the reelection of Donald Trump in the United States. Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States.  This renewed hope is expected to translate into more capital flowing into...
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NFTs have started to recover as monthly sales volumes surged by 18% and total transactions shot up to 7.2 million. In this week’s newsletter, read about the creator of the Mutant Ape Planet non-fungible tokens (NFTs) avoiding prison, check out how NFTs recovered from a recent market slump and find out how the NFT trading...
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