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Michael Novogratz's Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls

7.11.2024
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers

Bitcoin can go 'parabolic' with BTC price weekly close above $71.5K — Analysis

7.11.2024
Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes

Polymarket vs. Polls: Trump’s Victory Vindicates Prediction Markets

7.11.2024
Haseeb Qureshi, managing partner at the VC crypto fund Dragonfly, believes that prediction markets like Polymarket have been vindicated after facing accusations of bias in anticipation of the U.S. election. Qureshi highlights that for-profit market makers are driven by potential earnings, giving...

Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin

7.11.2024
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking

Dos and Don’ts: Finance Minister Explains Russia’s Cryptocurrency Strategy

7.11.2024
Anton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case for crypto. Finance Minister States Russia’s...

Two Bitcoin whales buy $142M BTC after Trump’s win

7.11.2024
The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin

Voting Starts for the ftNFT YoCerebrum Awards 2024

7.11.2024
PRESS RELEASE. The ftNFT YoCerebrum Awards 2024 invites everyone to participate in the final voting phase to celebrate excellence in the NFT space. The voting period runs from November 6-10, 2024. The jury voting took place from November 1 to November 5, where a group of distinguished experts...

Protocol Village: Cytonic, Layer-1 Chain With 'MultiVM' Design, Raises $8.3M in Seed Round

7.11.2024

US Spot Bitcoin ETFs Rake in a Staggering $621.9M in Inflows in a Single Day

7.11.2024
Data from Wednesday’s trading session reveals that U.S. spot bitcoin exchange-traded funds (ETFs) attracted a notable $621.9 million in positive inflows. Crypto ETFs Soar With Positive Inflows Both U.S. spot bitcoin and ether ETFs recorded gains in Wednesday’s session. According to sosovalue.xyz...

First Mover Americas: Bitcoin Holds Below $75K Before Expected U.S. Rate Cut

7.11.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Meet the Whale Who’s Currently on a Bitcoin Accumulation Spree

7.11.2024
Bitcoin can be seen as having the time of its life now that Donald Trump has clinched victory…

Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential Victory

7.11.2024
Iran’s currency, the rial, plummeted to an all-time low on Wednesday, trading at 703,000 rials to the dollar, following Donald Trump’s victory in the U.S. presidential election. This significant decline, which later slightly recovered, signals new economic challenges for Tehran amid ongoing...

Trump victory may pave way for $100K Bitcoin by end of 2024

7.11.2024
Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025

Trump victory paves way for $100K Bitcoin by end of 2024