Robinhood, Kraken Form Alliance to Challenge USDT and USDC Duopoly in $170 Billion Market
www.financemagnates.com

Robinhood has partnered with major cryptocurrency firms to launch the Global Dollar Network, marking a significant expansion of the retail trading platform’s digital asset strategy. The initiative, which includes industry heavyweights Kraken, Paxos, and Galaxy Digital, aims to challenge the current stablecoin market dominated by Tether and USD Coin. Robinhood Joins Forces with Crypto Giants […]

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Why Is Dogecoin Going Up Today? Key Drivers Of DOGE’s 10% Surge
www.newsbtc.com

While the broader crypto market experiences a slight downturn ahead of today’s US presidential election, Dogecoin (DOGE) has defied the trend by surging 10% in the last 24 hours. Over the past three days, DOGE has rallied more than 20% from its local low of $0.14219 on Sunday. Analysts attribute this remarkable performance to speculation […]

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Bitcoin’s Difficulty Soars Past 100 Trillion—How Are Miners Adapting?
news.bitcoin.com

Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin’s Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at 101.65 trillion. Essentially, this metric gauges the challenge of adding a new block to the Bitcoin blockchain. […]

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Bitcoin ETFs Might Triple Gold ETFs, Top Analyst Predicts
u.today

Gold is really “boring,” according to the leading ETF analyst

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Bitcoin and Crypto, Promoted by Trump, Brace for Election Volatility – The New York Times
www.google.com

For months, cryptocurrency investors have been eagerly awaiting the presidential election, convinced that a victory for former President Donald J.

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Binance, CZ file motion to dismiss SEC’s amended complaint
cointelegraph.com

Secondary market resales of crypto assets long after they were first distributed by their developers are not “securities” transactions, lawyers for Binance and its former CEO argued.

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Chamath Palihapitiya Says US Economy ‘in the Toilet’ if Not for Government Distortions – Here’s What He Means
dailyhodl.com

Billionaire venture capitalist Chamath Palihapitiya says the US economy is not doing so well despite glowing reports to the contrary. In a new episode of the All-in Podcast, Palihapitiya shares data suggesting that government consumption accounts for much of the growth witnessed by the economy in the last few years. According to the billionaire, the […]

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New OpenSea Platform Announced: NFT Giant Plans December Relaunch
crypto-economy.com

TL;DR OpenSea announces a significant overhaul of its platform, set to relaunch in December 2024 as “OpenSea 2.0,” aiming to reclaim its market position amidst declining NFT trading volumes and competition from rivals. The decision to rebuild the platform follows a challenging period for OpenSea, with trading volumes hitting their lowest in over three years, […]

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Glassnode Exposes $224 Billion Solana Surge; VanEck Cites 14% Revenue from Wash Trading
cryptonews.com.au

Glassnode reported a significant surge in Solana’s on-chain transfer volume, reaching around US$224 billion. Solana’s average transaction fee has more than doubled in the past month, largely due to increased speculative trading activity and automated trading bots. VanEck’s recent analysis highlights that approximately 14.2% of Solana’s revenue is linked to wash trading, sparking concerns about […]

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UK Pension Fund Cartwright Makes 3% Bitcoin Allocation
cryptonews.com.au

UK pension specialist, Cartwright, has announced the first ever defined benefits scheme to allocate assets to Bitcoin, with a relatively high allocation of between 2 and 3% of its assets. Meanwhile, an SEC filing has revealed that the pension fund for the US state of Michigan has become the first such fund in the US […]

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Top Experts Predict Chainlink, IntelMarkets, and Dogecoin may Dominate Crypto Market This Month
nulltx.com

Experts Think Chainlink (LINK), IntelMarkets (INTL) & Dogecoin (DOGE) Will Be the Top Three Crypto Coins Leading the Charge This Month It is already November, and the hype surrounding Chainlink (LINK), IntelMarkets (INTL), and Dogecoin (DOGE) tokens is off the charts. Experts say they all have good potential for growth. Even analysts like CryptoDoc and […]

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Binance Integrates Amazon AI Services for User Verification and Support
www.financemagnates.com

Binance added generative AI technology to its services in collaboration with Amazon Web Services (AWS). The exchange mentioned that this initiative aims to improve onboarding and customer support processes. According to the official announcement, Binance will now use AWS’s generative AI services, including Amazon Bedrock and Amazon Elastic Container Service. The collaboration reportedly aligns with […]

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Bitcoin Price Crash Below $70,000: What Does It Have To Do With Whales And The US Presidential Elections?
www.newsbtc.com

After skyrocketing above $72,000 earlier last week, the Bitcoin price has experienced an unexpected crash below the $70,000 mark ahead of the US Presidential elections. Reports have cited the influence of whales and the upcoming results of the US Presidential elections as catalysts to this price decline. Bitcoin Price Crashes As Market Braces For US […]

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MEET48 Has Officially Joined MVB Accelerator Program, Season 8, Jointly Run by BNB Chain, Binance Labs and CMC Labs
cryptopotato.com

[PRESS RELEASE – Dubai, United Arab Emirates, November 5th, 2024] BNB Chain officially announced MEET48’s acceptance into the 8th season of the MVB (Most Valuable Builder) Accelerator Program, a collaboration with Binance Labs and CMC Labs (CoinMarketCap’s exclusive accelerator program for startups). This 4-week program has historically had a selection rate of less than 1% […]

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UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto
news.bitcoin.com

A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes Cartwright, a pension specialist for defined benefit and hybrid schemes, announced a pioneering bitcoin investment in a UK pension […]

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Bullish Shiba Inu (SHIB) Signal Here as Price Shows 0% Volatility
u.today

Shiba Inu’s volatility drop actually good sign that many people are missing

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Regulatory And Funding Trends In The <b>Cryptocurrency</b> Space – YouTube
www.google.com

Regulatory And Funding Trends In The Cryptocurrency Space. 34 views · 1 hour ago #ChannelsTv #newsupdate #news …more. Channels Television. 3.32M.

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T-Mobile Parent Company Launches Pilot Project for Bitcoin Mining Infrastructure With Surplus Energy
dailyhodl.com

Deutsche Telekom’s subsidiary, MMS, and Bankhaus Metzler are launching a pilot project to establish a Bitcoin (BTC) mining operation utilizing surplus energy. According to a new announcement from Deutsche Telekom – parent company of mobile giant T-Mobile – the intent of the operation is to power BTC mining with electricity from renewable energy sources. According […]

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Hamster Kombat loses 86% of users as Paws Mini App soars on Telegram
cointelegraph.com

As interest in Hamster Kombat declines, PAWS surges, outperforming the once-top Telegram Mini App.

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Trump’s Coin Is About As Revolutionary As OneCoin
bitcoinmagazine.com

Follow Aaron on Nostr or X. After these classy gold sneakers and his God Bless the USA Bible, Donald Trump’s cryptocurrency World Liberty Financial (WLFI) immediately appeared to me like yet another way to squeeze some more money out of his fanbase. But when YouTuber Coffeezilla analyzed the project in more detail, what he found was even […]

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Solana ‘Must Break Descending Resistance’ To Regain Bullish Momentum – Analyst
www.newsbtc.com

Solana is trading above a critical demand level of around $157, showing signs of a potential bounce after a recent pullback. This critical level has held firm despite market volatility, and now all eyes are on Solana as it attempts to regain bullish momentum. With the U.S. election unfolding and the Federal Reserve’s interest rate […]

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Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’
dailyhodl.com

An analyst who accurately called the market collapse of 2022 says that a massive black swan event could crush altcoins ahead of the US election. Writing to his 105,000 subscribers in his Telegram channel, pseudonymous crypto analyst Capo says that OTHERS, which tracks the market cap of all crypto assets excluding stablecoins and the top […]

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Paxos and Major Crypto Players Unveil USDG Stablecoin Backed by the U.S. Dollar
crypto-economy.com

TL;DR Paxos, along with major crypto firms like Robinhood and Kraken, has launched the Global Dollar (USDG) stablecoin, designed to accelerate stablecoin adoption globally. The USDG stablecoin is pegged 1:1 to the U.S. dollar, backed by high-quality liquid assets, and will share nearly 100% of reserve-generated revenue with network participants, fostering broader financial solutions. The […]

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Bitcoin ETF Outflows Surge to $541M, Marking Second-Biggest Single-Day Loss
crypto-economy.com

TL;DR Bitcoin ETFs in the U.S. saw substantial outflows of $541.1 million on November 4, 2024, marking the second-largest single-day outflow on record, just before the U.S. presidential election. The significant outflows reflect market caution as Bitcoin’s price dipped to $68,000, with traders concerned about election-driven volatility and political dynamics. Among Bitcoin ETFs, BlackRock’s iShares […]

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Trump’s Betting Odds Slip On Polymarket As Harris Gains Momentum
nulltx.com

Recent data from Polymarket reveals a shift in betting odds between former President Donald Trump and Vice President Kamala Harris. Trump’s winning odds, which peaked at 67% on October 30, have since dropped to 58.1% as of November 2. Meanwhile, Harris’s odds have risen from a low of 34.4% to 41.1%. This shift comes as […]

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What Happened With Bitcoin, Ethereum ETFs on Last Trading Day Before US Elections?
cryptopotato.com

November 5 is finally here, and all eyes are on the United States as the country elects its next president – whether it will continue with its Democratic views as it did during the past four years or it will go back to the previous cycle when Republican candidate Donald Trump was in charge. As […]

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Pakistan Digital Currency Reforms Set Path for CBDC as Legal Tender
news.bitcoin.com

The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms. The amendments expand Section 24 to include digital issuance alongside traditional […]

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$96,100 per Bitcoin (BTC) for Miners: What's Happening?
u.today

Bitcoin miners rush to artificial intelligence as BTC price for them may rise to $96,100 — details inside

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Victims of <b>cryptocurrency</b> scam awarded restitution – Wichita – KAKE
www.google.com

After a $47.1 million cryptocurrency scheme caused a Kansas bank to fail, a federal judge ordered during a restitution hearing Monday that …

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Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure
cointelegraph.com

More than $9.4 billion worth of Bitcoin was owed to about 127,000 Mt. Gox creditors for over 10 years.

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USDG is available for trading!
blog.kraken.com

We’re thrilled to announce that Global Dollar ($USDG) is now available for trading on Kraken! Funding and trading Trading for $USDG is live as of 21:00 PM UTC November 4, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your […]

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New High For TRON, But Bearish Signals Cast Shadows On The Rally
www.newsbtc.com

The price of TRON (TRX) has been on an impressive run of late and established a double-top technical formation. Technical analysts typically utilize this pattern to forecast a trend reversal when an asset reaches its peak. Tron is currently trading close to its all-time high level, which has attracted traders’ attention to the double-top. TRX […]

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