TL;DR Vitalik Buterin deposited 2.09 million STRK tokens on Binance, resulting in a loss of approximately $714,000. This deposit follows its investment in StarkNet’s seed funding round in 2018. The STRK transfer was made when the tokens were worth $799,000, while five months ago they were worth $1.51 million. Recently, Vitalik Buterin, one of the […]
SEC Commissioner Hester Peirce, known as “Crypto Mom” for her pro-crypto views, is a rumoured candidate to succeed Chairman Gary Gensler, especially after former President Trump’s pledge to replace Gensler if reelected. Peirce has been a strong critic of Gensler’s approach to cryptocurrency regulation, advocating for clearer guidelines rather than enforcement through legal cases, as […]
Stablecoins have gone to another level in 2024, experiencing trading volumes that rival payment gateways like PayPal and Visa. The CEO of Circle (who issue USDC), Jeremy Allaire, spoke to the future of the stablecoin industry at Hong Kong FinTech week. Allaire discussed the benefits of stablecoins were becoming too hard to ignore, as governments […]
The Kenyan government collected $77.5 million tax revenue from cryptocurrency traders in the last fiscal year. Kenya Seeks $465 Million in Crypto Taxes The Kenyan government collected $77.5 million (10 billion shillings) in taxes from cryptocurrency traders during the 2023-24 financial year, Anthony Mwaura, head of the Kenya Revenue Authority (KRA), recently disclosed. Mwaura, speaking […]
The co-founder of MicroStrategy claims that the US will need a strategic Bitcoin reserve
In the fast-paced world of cryptocurrency, the ability to swiftly and securely exchange digital assets is paramount. Traditional exchanges often involve lengthy registration processes, complex interfaces, and potential security risks. Enter Flyp.me, a platform designed to simplify the crypto swap experience by offering instant, account-free transactions. This article delves into how Flyp.me is transforming the […]
The futures market is signaling that the current Bitcoin rally, spurred by Donald Trump’s recent election victory on Tuesday, might be starting. According to Vetle Lunde, head of research at K33 Research, the election’s immediate aftermath has seen a “risk-on rotation” across derivatives, indicating a surge in investor confidence. Bitcoin Options Market Targets $80,000 By […]
As the U.S. elections approach, Dogecoin (DOGE) is uniquely positioned, with a market cap of $22.27 billion and a rank of 8th among cryptocurrencies. High-profile endorsements and a shifting political landscape may shape a promising future for DOGE. One particularly intriguing proposal under consideration is a Department of Government Efficiency (D.O.G.E.), an idea inspired by […]
Citi’s US equity strategist says the bank will be looking for trading opportunities this week on election-induced market volatility. Speaking in a new interview on CNBC’s Squawk Box, Citi’s Scott Chronert says that the S&P 500 is mostly fair valued at current levels, but that the election could skew the market in either direction depending […]
Throughout his election campaign, the new United States President, Donald Trump, remained vocal about his pro-crypto stance and made several promises regarding the development of the nascent industry. CryptoPotato has compiled a list of Trump’s declared promises, including pledges geared towards fostering innovation in the United States and continuing growth of the digital asset industry. […]
As the countdown for the all-important political battle between Donald Trump and Kamala Harris inches closer to a crescendo, cryptocurrency …
A boost in Bitcoin’s spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.
Bitcoin surged to new all-time highs during election night, hitting an impressive $75,300 as market excitement reached a fever pitch. This milestone pushed Bitcoin into price discovery, igniting significant liquidations across trading platforms. Data from CryptoQuant reveals an unprecedented surge in short liquidations, surpassing $100 million within a single one-minute candle, marking a historic moment […]
TL;DR Bitcoin’s record rally could continue, fueled by Trump’s victory and a surge in futures demand. The spread between Bitcoin futures and spot market prices has reached record levels, with strong demand for leverage. Bitcoin-backed ETFs could see positive inflows in the coming hours, due to political clarity following the US elections. The Bitcoin futures […]
TL;DR Revolution in the crypto market: Bitcoin has reached a new all-time high of over $75,000, driven by Donald Trump’s victory as a key factor. Capital flows into BTC have increased significantly since September, reaching a record level of $656 billion in “Realized Cap.” Options markets reflect expectations of high volatility due to political and […]
Polymarket has taken in billions in betting volume on the US election, with the primary market predicting a Trump victory. However, it’s possible bettors will be waiting weeks, or even months, before seeing a cent. This is because Polymarket won’t pay out users until an official winner is declared – either via Inauguration, or with […]
VanEck has launched a Pyth Exchange Traded Note (ETN) on Euronext Amsterdam and Paris. The ETN allows investors to gain crypto exposure by tracking the PYTH token without holding it. Pyth Network is a decentralised oracle ensuring data accuracy for smart contracts. The ETN is fully collateralised with secure storage, trades on regulated exchanges, and […]
The California Department of Financial Protection and Innovation (DFPI) issued a Desist and Refrain Order on Monday to Trage Technologies Ltd., also known as Trage Tech, for alleged violations of securities laws. The DFPI claims that Trage Tech, which operates out of the Marshall Islands and Panama, promoted “Crypto Arbitrage Investment Packages” without proper registration. […]
New Bitcoin whale emerges with 1,600 BTC transfer
Donald J. Trump has officially emerged victorious, claiming the presidency for a second time as the 47th President of the United States. With a critical victory in Pennsylvania and a decisive win in Wisconsin, Trump clinched the presidency by surpassing the 270 electoral votes needed to secure his return to the White House. These key […]
Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win.
An analyst who continues to grow his following with timely crypto calls believes that altcoins are about to witness a final capitulation event. Crypto strategist Benjamin Cowen tells his 876,600 followers on the social media platform X that the altcoin market looks poised to plummet against Bitcoin (TOTAL3/BTC). TOTAL3 serves as a proxy for the […]
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars In a remarkable turn of events, the $TON blockchain has seen its USDT holdings skyrocket from just $130 million in May 2024 to over $1.02 billion—an astonishing increase of 670% in just six months. This surge reflects the growing adoption and […]
The FBI has recovered $8 million in funds from a cryptocurrency scam that netted $47 million and devastated the Kansas city of Elkhart. In August …
TL;DR Binance added two new cryptocurrencies to its platform, causing a substantial price rally for the affected ones. However, those were listed with seed tags, meaning users should be increasingly cautious when entering the ecosystem. The Price Boost Binance announced the listing of the altcoins Cow Protocol (COW) and Cetus Protocol (CETUS). The newly introduced […]
Dogecoin has seen a jump of over 12% during the past day, but this trend brewing in an on-chain indicator could spell a bearish end to the run. Dogecoin Investors Have Been Showing Signs Of FOMO Recently In a new post on X, the on-chain analytics firm Santiment has discussed about how the trend in […]
Bitcoin (BTC) just hit a new all-time high of $74,504 as Donald Trump’s odds of winning the presidency surge on betting sites. The online betting site Polymarket now has Trump at a 92.2% chance of winning the election. At time of publishing, NBC News projects Trump has secured 210 electoral votes, with Harris securing 91. […]
TL;DR VanEck launches the Pyth ETN on Euronext Amsterdam and Euronext Paris. The Pyth Network acts as a decentralized oracle, providing external data to smart contracts. The ETN is available in several European countries, including Germany, France and Spain. On November 5, 2024, VanEck has expanded its offering in the cryptocurrency space with the launch […]
US election progress affects crypto markets, with Bitcoin, Ethereum, and Solana gaining. US Spot ETFs experienced a significant US$541 million outflow, indicating market uncertainty. While major coins rise, altcoins and memecoins like Dogecoin surge, influenced by potential regulatory changes. Dogecoin’s open interest is approaching record highs, spurred by election developments and celebrity comments. The US […]
Semler Scientific increased its bitcoin (BTC) holdings with the purchase of an additional 47 bitcoins for an aggregate amount of $3 million. This brought its total bitcoin holdings to 1,058 bitcoins for a total purchase amount of $71 million. Semler Scientific Expands Bitcoin Holdings Amid a Rise in Income Semler Scientific Inc., a company that […]
Market relatively calm, but at same time, volatility might rise substantially
Memecoins DOGE and SHIB have outperformed on US election day as US citizens cast their ballots.