Donald Trump has secured victory in the US election and the crypto market is pumping, with Bitcoin recording a new all time high and political tokens soaring. One of biggest beneficiaries is FreeDum Fighters (DUM) – an ICO project closing in on the $450,000 mark as traders pile in for discounted tokens. PolitiFi Coins Benefit …
Monthly archives: November 2024
What’s Next for Bitcoin After Hitting New All-Time High
A new all-time high for bitcoin on U.S. Election Day has sent the market into peak euphoria with speculators looking to ride the bullish momentum. New All-Time High for Bitcoin Another bullish cycle for the crypto ecosystem could be on the horizon with bitcoin’s (BTC) new all-time high (ATH). This new ATH spurred by Donald …
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Trump’s Victory Sparks Massive Politifi Token Meltdown
Following the recent U.S. election, where Donald Trump was selected as the 47th president, political finance (politifi) tokens have faced an intense wave of sell-offs. Crypto Carnage: Politifi Tokens in Freefall After U.S. Election Politifi tokens, especially those tied to candidates, are under heavy pressure in the market. Tokens linked to Kamala Harris have seen …
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Bitcoin ETFs Lose $116.9M as Ether Funds Stay Neutral in Pre-Election Trade
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday’s trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov. 5, earlier …
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Top Trader Says $80,000 the ‘Biggest Test’ for Bitcoin (BTC) – Here’s Why
A closely followed crypto trader believes $80,000 is now the most significant level for Bitcoin (BTC). Pseudonymous trader The Flow Horse tells his 238,100 followers on the social media platform X that how Bitcoin handles a potential surge to around $80,000 may determine if the bull market continues. “The biggest test for Bitcoin isn’t here, …
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Solana (SOL) Transfer Volume Suddenly Spikes to $224,000,000,000 in Single Day: Glassnode
Transfer volume on the Solana blockchain exploded recently and surged to multiple times higher than the total SOL market cap, according to the crypto analytics firm Glassnode. Glassnode notes that SOL clocked $224 billion worth of transfer volume in a single day, nearly 3x of the asset’s market cap, which sits around $78 billion at …
Crypto and Blockchain: Shaping the Future of Online Gambling
In the fast-paced world of online gaming, few innovations have made as big an impact as cryptocurrency and blockchain technology. These digital advancements bring fresh opportunities and a layer of transparency that players have long been waiting for. As casinos embrace these technologies, platforms like Lucky Green are enhancing gaming with features like secure transactions, …
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Cathie Wood Says Trump Victory Will Put Blockchain and Four Other Technologies on Steroids
ARK Invest CEO Cathie Wood thinks blockchain and a handful of other technology sectors could grow under a Donald Trump administration. Wood says in a new YouTube video that federal deregulation could drive tech innovation. “If Trump’s elected and they do the decreasing regulation, getting government spending down, and expectations of government spending [is] down, …
Ethereum Price Surpasses $2,500 Amid Technical Breakout
TLDR Ethereum found support at $2,350 and started a fresh upward movement Price moved above $2,500 and the 100-hourly Simple Moving Average Key resistance levels identified at $2,580, $2,620, and $2,650 Major support levels established at $2,450 and $2,500 Technical indicators showing bullish momentum with MACD and RSI positive Ethereum, the second-largest cryptocurrency by market …
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Bitcoin community celebrates victory as Donald Trump and allies elected to reshape US crypto policy
The 2024 US presidential election has brought a new wave of optimism for the cryptocurrency industry, with former President Donald Trump re-elected as the 47th president. Known for his support of Bitcoin and blockchain innovation, Trump gained significant backing from the crypto community during his campaign by making substantial promises to bolster the sector. Promises …
Fallen FTX sues Ryan Salame for $98.8 million over alleged fraud
The bankrupt FTX exchange has filed a lawsuit against Ryan Salame, the former co-CEO of its Bahamian subsidiary, seeking to recover approximately $98.8 million in cash and crypto, according to a Nov. 4 court filing. The failed firm accuses Salame of knowingly assisting other executives—most notably, founder Sam Bankman-Fried—in breaching fiduciary duties and misappropriating customer …
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Bitcoin.com Launches Bitcoin Rewards at 30% APY
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has launched Bitcoin rewards at 30% APY. Rewards, which accumulate in real-time without lockups or custodial risk, are paid in tBTC, Threshold Network’s breakthrough Bitcoin bridge that brings the power of decentralized finance to Bitcoin, enabling faster transactions, flexible trading, lending, and more. “We …
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US Bitcoin Reserve asset, Freeing Ross Ulbricht, Firing Gary Gensler… Time for Trump to deliver
According to Fox News and AP News, Donald Trump is projected to win the 2024 US Presidential Election as of November 6, 10 A.M. GMT. In response, Bitcoin surged to a new all-time high of $75,264.76, with market participants anticipating the implementation of Trump’s crypto-friendly policies. Trump’s return to the presidency places his extensive promises …
2 crypto short traders hit by $100 million loss as Bitcoin reached historic $75K high
Bitcoin’s surge to a record-breaking $75,000 has led to staggering losses for two unidentified traders on Binance who had bet against its price rising. According to Coinglass data, these traders’ positions were liquidated for $74.98 million and $36.48 million in the early hours of Nov. 6. These two liquidations alone account for about 30% of …
220 pro-crypto candidates elected in US while Elizabeth Warren keeps seat amid $75k Bitcoin
Crypto-friendly politicians are making significant gains in the ongoing US elections, with early results indicating strong support for candidates who advocate for digital assets. In the House of Representatives, 220 pro-crypto candidates have been elected, surpassing the 106 elected who are against crypto initiatives, according to Stand With Crypto. In the Senate races, pro-crypto candidates …