US Bitcoin Reserve asset, Freeing Ross Ulbricht, Firing Gary Gensler… Time for Trump to deliver
US Bitcoin Reserve asset, Freeing Ross Ulbricht, Firing Gary Gensler… Time for Trump to deliverTrump's crypto-friendly agenda promises a seismic shift in U.S. digital assets strategy, driving Bitcoin to record highs.
Happy Wednesday!Donald Trump’s return to the presidency is igniting a new era for the cryptocurrency market, with Bitcoin surging to record highs above $75,000. His pro-crypto agenda promises significant shifts in U.S. digital asset policy, including plans for a national Bitcoin reserve and the removal of SEC Chair Gary Gensler. As 220 pro-crypto candidates gain ground in Congress, the legislative landscape is poised for change, reflecting a growing acceptance of digital assets. Meanwhile, Ethereum faces challenges as it hits a three-year low against Bitcoin, highlighting the shifting dynamics within the crypto ecosystem. With anticipation building around Trump's promises, the crypto community is eager to see how these developments will unfold. The global crypto market cap is $2.47 trillion, with a 24-hour volume of $203.77 billion. The price of Bitcoin is $74,189.85, and BTC market dominance is 59.5%. The price of Ethereum is $2,643.45, and ETH market dominance is 12.9%. The Crypto Fear & Greed Index is currently Greed (70). 📰 Top News
US Bitcoin Reserve asset, Freeing Ross Ulbricht, Firing Gary Gensler… Time for Trump to deliverTrump's crypto-friendly agenda promises a seismic shift in U.S. digital assets strategy, driving Bitcoin to record highs. 220 pro-crypto candidates elected in US while Elizabeth Warren keeps seat amid $75k BitcoinPro-crypto candidates gaining momentum in US elections, suggesting a shift in legislative attitudes toward digital asset regulation. Ethereum Foundation’s Josh Stark highlights ETH’s ‘hardness’ as it hits 3-year low against BitcoinThe blog post by Josh Stark comes amid the pair ETH/BTC hitting its lowest point since April 2021, at 0.03493 BTC. 📈Latest Insights
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US markets, Bitcoin poised for rally regardless of elections outcome
Tuesday, November 5, 2024
Fundstrat's Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin's resilience and potential growth to $200000 by 2025 amid fiscal challenges. ͏ ͏ ͏ ͏ ͏ ͏
Crypto market saw $230 million in liquidations as Bitcoin fell below $70k
Monday, November 4, 2024
Binance's $104 million leads exchange liquidations as Bitcoin dips. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket odds suggest US elections will be decided by Pennsylvania
Saturday, November 2, 2024
Polymarket bettors now believe that Harris will win two of the six swing states, which would make Pennsylvania the deciding factor in who wins the elections. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin falls below $70k causing $289 million in total market liquidations
Friday, November 1, 2024
Long positions bear the brunt with $259.21 million liquidated amid Bitcoin's drop. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock’s Bitcoin ETF becomes fastest-growing in history with $30B milestone
Thursday, October 31, 2024
BlackRock's Bitcoin ETF is on course to accumulate 500000 Bitcoin before the end of the year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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BlackRock supports US strategic Bitcoin reserve amid rumors of executive order
Wednesday, November 20, 2024
Porter also revealed that state governments are rushing to pass legislation establishing their own Strategic Bitcoin Reserves before Trump signs an executive order. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Trading volume on Solana DEXes surpasses Ethereum’s by more than 2x; PayPal USD integrates…
Wednesday, November 20, 2024
Solana's total trading volume reached $85.9 billion, which is more than double the volume on Ethereum. PayPal USD partners with LayerZero for seamless transfers between Ethereum and Solana. ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Trading volume on Solana DEXes surpasses Ethereum’s by more than 2x; PayPal USD integrates…
Wednesday, November 20, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
What is Ethereum 3.0 Beam Chain, and what problems does it aim to solve?
Wednesday, November 20, 2024
Beam Chain proposes a redesign of Ethereum's consensus layer by integrating the latest research advancements, aiming for a safe and swift transition from the current Beacon Chain to the Beam Chain,
Bitwise expects options trading for its Bitcoin ETF to start tomorrow
Tuesday, November 19, 2024
Options trading for Bitcoin ETF is expected to enhance market liquidity and attract diverse investor engagement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
A Data-Driven Update on Stablecoins
Tuesday, November 19, 2024
An update on the stablecoin landscape, growing supply and stablecoin trading volumes, on-chain usage and yield generation ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
ACT Story: One Strikes It Rich with 2 Million, Another Sells Before the Surge
Tuesday, November 19, 2024
In this episode, WuBlockchain dives into the AI memecoin investment trend and the recent surge of ACT, with guests Defioasis, Maodi, and Chen Yiyi sharing their experiences with ACT and similar
Bitcoin Becomes 8th Largest Asset Globally After Surpassing Silver
Tuesday, November 19, 2024
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Tuesday, November 19, 2024
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MicroStrategy buys nearly 80,000 BTC in November, outpacing US Bitcoin ETF purchases
Monday, November 18, 2024
The Michael Saylor-led firm now holds more than 330000 BTC, which valued at around $30 billion. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏