The five largest Trump bettors could stand to win a combined $81 million in profit. Crypto whales, or large investors betting on Donald Trump’s victory, have made millions on the leading decentralized prediction market. The largest Trump-betting account on Polymarket, known as “Theo4,” earned more than $20.4 million in profit on his pro-Trump bets, according...Continue Reading

Donald Trump was not always a cryptocurrency fan, but the community has rallied around him as a pro-crypto candidate in the 2024 US presidential election. The cryptocurrency community is celebrating the victory of former President Donald Trump in the 2024 United States presidential election while officials are finalizing election results.  Trump, the Republican candidate, declared...Continue Reading

Investor appetite for risk-on assets like Bitcoin is growing, with Donald Trump projected to win the US presidential election. New Bitcoin “whales,” or investors holding significant amounts, appear to be accumulating the cryptocurrency in anticipation of a victory by former President Donald Trump in the 2024 election. Whales have acquired and withdrawn over 1,806 Bitcoin...Continue Reading

Donald Trump is projected to win the US presidential election, promising to promote crypto in America. Former United States President Donald Trump is projected to win the Nov. 5 United States presidential election. Trump, the Republican nominee, has nearly received the necessary electoral votes to claim victory. His primary opponent, Vice President Kamala Harris, lagged...Continue Reading

Almost $180 million in short positions in Bitcoin have been wiped as it hit a new all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand. Bitcoin traders who bet on an election-induced price decline have been liquidated to the tune of $180 million as the cryptocurrency shattered its...Continue Reading

The iShares Bitcoin Trust (IBIT) saw a rare day of outflows before Bitcoin went on to hit a new all-time high.  BlackRock’s spot Bitcoin exchange-traded fund (ETF) has posted its sixth day of net outflows since it launched in January. Institutional investors seemingly went risk-off on election day in the United States as the iShares...Continue Reading

Learn how Ink by Kraken enhances DeFi with fast, low-cost transactions and secure cross-chain interoperability for a better decentralized experience. Ink is a layer-2 bridge under development by Kraken with the goal of making decentralized finance (DeFi) more efficient by enhancing transaction speed, lowering costs and improving flexibility. The Ink Testnet will be launched during...Continue Reading

Bitcoin analysts search for guideline support zones amid heavy election BTC price volatility. Bitcoin (BTC) is back in price discovery as bets on Donald Trump winning the US Presidential Election spark 8% BTC price gains. BTC/USD 1-month chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView confirms a new record of $75,397 on Binance....Continue Reading

Cyrpus’ securities regulator has extended the suspension on FTX Europe for the fourth time, which stops trading on the platform but allows customers to withdraw funds. Cyprus’ financial regulator has extended its suspension of FTX’s European arm by another six months, just days before the crypto exchange crosses the second anniversary of its collapse.  In...Continue Reading

A newly revitalized OpenSea is coming soon, but details were thin. The non-fungible token (NFT) marketplace OpenSea will be upgraded with a new and improved platform in December amid a prolonged NFT market doldrum.  “To really innovate, sometimes you have to take a step back and reimagine everything. So we built a new OpenSea from...Continue Reading