The 2024 US elections, which elected Donald Trump, drove the global crypto market to $2.47 trillion, confirming a foray into the ‘greed’ zone. Dominant player, Bitcoin (BTC), marked the day for hitting its new all-time high (ATH) — the ATH Day as celebrated by the community. On this ATH Day,
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
Months after the Terra Luna collapse in Q2 2022, the pace of crypto fundraising slowed, falling below $3 billion—a level it has yet to regain. October 2024, however, marked a bullish trend by reaching a 28-month peak with $2.45 billion in total fundraising. According to CryptoRank, total fundraising last month
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
Binance and its former CEO, Changpeng “CZ” Zhao, have filed a motion to dismiss the SEC’s amended complaint against them. The motion, submitted on Nov. 4, accuses the SEC of failing to provide clear regulatory standards for the crypto industry. Binance’s legal team contends that the SEC’s approach contradicts a
Metaplanet Inc., a publicly listed investment firm from Japan, has joined the CoinShares Blockchain Global Equity Index (BLOCK Index). This marks Metaplanet’s first listing in a globally recognized equity index. The BLOCK Index, managed by CoinShares, tracks significant publicly traded companies driving blockchain and cryptocurrency innovation. With its inclusion, Metaplanet
Fidelity International and Citi have unveiled a proof-of-concept (PoC) for an on-chain money market fund (MMF) featuring a digital foreign exchange (FX) swap solution. This was announced ahead of the Singapore FinTech Festival 2024 happening from November 6–8. The solution jointly developed demonstrates the real-time settlement of tokenized MMF transactions
Bitcoin’s price fell below $69,000 on Nov. 3, triggering nearly $350 million in market liquidations as the U.S. presidential election draws closer. This marked the highest trading activity since Oct. 25, when Bitcoin struggled to hold above $70,000. Data shows that liquidations on Nov. 3 totaled $349.78 million. Long positions
The Monetary Authority of Singapore (MAS) is planning to advance tokenization within financial services through a series of new regulatory measures. These initiatives are designed to foster commercial networks, enhance market infrastructure, and establish standardized frameworks for tokenized assets. Besides, the MAS is facilitating the commercialization under Project Guardian by
The cryptocurrency market gears up for a crucial week; all eyes are on the upcoming FOMC interest-rate decision from the US Federal Reserve—set for November 7. This announcement is highly anticipated, as it could significantly impact market sentiment and outline the future of Bitcoin (BTC) and other altcoins. Current predictions
