Following the US election of 2024, a notable surge has ignited within the cryptocurrency market to rekindle the bullish rally. Post the period of persistent difficulties, the largest altcoin, Ethereum (ETH), has finally broken above the $2,880 mark. At present, the asset is at a crucial juncture, attempting to hit
November 8, 2024 2 mins read
Jack Dorsey’s payment venture, Block, formerly Square, is making strides in its commitment to Bitcoin mining and its self-custody wallet, Bitkey. In its Q3 2024 shareholder letter, the firm mentioned the demand for its mining initiative, described as having a “strong product market fit.” This announcement was followed by Trump
November 8, 2024 2 mins read
The cryptocurrency market celebrates Donald Trump’s victory with bullish momentum. The overall market cap has reached $2.51 trillion, with Bitcoin (BTC) hitting an all-time high at $76K. The crypto market sees a green wave across major assets. Notably, the bullish breakout of Ethena (ENA) positioned the asset on top of
November 7, 2024 2 mins read
The victory of Donald Trump in the U.S. presidential election race has impacted the broader financial markets. Particularly, the cryptocurrency market and the related investment products. With Bitcoin (BTC) surging past $76K, the US spot Bitcoin ETFs have witnessed an escalation in trading volumes and inflows. Notably, BlackRock’s Bitcoin ETF,
November 7, 2024 2 mins read
The blockchain-based prediction market platform Polymarket, known for its role in the U.S. presidential elections, is facing mounting scrutiny from French gambling authorities. The national gambling authority of France, Autorite Nationale des Jeux (ANJ), reportedly plans to ban Polymarket. It cites the platform’s operations as unlicensed gambling, which is prohibited
November 7, 2024 2 mins read
The victory of Donald Trump in the U.S. elections impacted the overall cryptocurrency market. The largest cryptocurrency, Bitcoin has rallied more than 10% to its new all-time high of $75K as Trump won the presidential race. Major assets have lifted their prices to new highs. The meme coins have marked
November 6, 2024 2 mins read
Donald Trump claims victory in the 2024 US presidential election over Kamala Harris. It’s decisive to mark that Bitcoin surpassed its previous record of $73K, and hit a new all-time high of $75,361. The US election has previously impacted the crypto markets, witnessing both gains and losses. At press time,
November 6, 2024 2 mins read
The Republican candidate, Donald Trump won the 2024 US presidential election race with 248 electoral votes, beating the Democratic candidate, Kamala Harris. 🚨 BREAKING: 🇺🇸Donald Trump officially elected President of the #UnitedStates! The global #Crypto market is green today with #Bitcoin hitting an all-time high above $75K ❗️ With Trump’s
November 6, 2024 2 mins read
The crypto industry has briefly recovered from the prolonged downside pressure. The global crypto market cap is up 2.7% to $2.3 trillion, over the day. Bitcoin, the leading cryptocurrency, experienced bearish pressure, and Ethereum followed. Despite this, the current market sentiment is in the neutral zone, at 50, according to
November 5, 2024 2 mins read
The crypto market exhibits mixed signals while assets are gaining and losing. Analysts anticipate the overall sentiment of the market to gain momentum post-US election. The largest cryptocurrency, Bitcoin is under bearish pressure, trading at $68.7K. Notably, the dog-themed cryptocurrency, Shiba Inu (SHIB) is one among the top five gainers
November 5, 2024 2 mins read