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Bitcoin Skyrockets to Historic $77K – BTC Short Sellers Take a $24M Hit
8.11.2024
At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $77,112 per coin. This latest peak redefined bitcoin’s USD value once again. Trading in the mid-$76,500 range, bitcoin gained about 1% over the past 24 hours. Over the week, BTC has climbed 10.7%...
Zimbabwe Imposes $50-$2,500 Licensing Fee on Whatsapp Admins to Curb Misinformation
8.11.2024
Zimbabwe’s government has introduced a licensing requirement for Whatsapp group administrators to curb misinformation and enhance accountability on social media platforms. The licensing fee ranges from $50 to $2,500, depending on the type of Whatsapp group. Administrators must provide...
Price analysis 11/8: BTC, ETH, SOL, BNB, XRP, DOGE, TON, ADA, SHIB, AVAX
8.11.2024
Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels
Bitcoin’s Path to the Top: What It Will Take to Dethrone Silver, Apple, Nvidia, and Gold
8.11.2024
At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets Sights on Silver in the Global Asset Race On Fri., Nov. 8, 2024, bitcoin (BTC) officially takes...
Blackrock's Bitcoin ETF flips gold fund
8.11.2024
Blackrock's IBIT ETF now holds upwards of $33 billion in assets, more than the asset manager's gold fund
TRON’s Memecoin Boom: SunPump, $SUNDOG, and Nexmate.AI Drive Ecosystem Growth
8.11.2024
As the memecoin landscape continues to evolve, SunPump has become a crucial platform within the TRON ecosystem, driving engagement and supporting innovative projects. As TRON’s premier memecoin launchpad, SunPump provides creators with a comprehensive environment to launch and grow their...
Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows
8.11.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far. According to data from Sosovalue, 8 of the 12 listed...
Ethereum Foundation: ETH Holdings in Treasury Represent 0.26% of Total Supply
8.11.2024
The Ethereum Foundation has released a report detailing its $970.2 million treasury, primarily held in ether. The report outlines the foundation’s strategy of selling ETH during bull markets to fund ecosystem projects during bear markets. Rationale Behind Ethereum Foundation’s...
$9.3B stablecoin exchange inflows have traders bracing higher Bitcoin prices
8.11.2024
Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump’s presidency
Bitcoin Price Keeps Rising: BTC Tops $75,000 and Pepe Unchained ICO Reaches $25.5 Million
8.11.2024
Bitcoin (BTC) smashed through $76,000 yesterday and has remained above this key threshold following Trump’s election win this week. Meanwhile, new meme coin project Pepe Unchained (PEPU) has just hit $25.5 million in its ICO – with investors rushing to secure discounted tokens....
BlackRock’s Bitcoin ETF Reaches $33.17B, Surpasses Gold ETF
8.11.2024
Blackrock’s iShares Bitcoin trust ETF (IBIT) has officially surpassed the iShares Gold Trust ETF (IAU) in net assets,…
Bitcoin Reserve at Risk? Peter Schiff Urges Biden to Sell $15.75 BTC Stash
8.11.2024
Economist Peter Schiff has taken to social media to criticize CNBC, claiming the network is biased in favor…
QCP Capital: Trump’s Election Win Impacts Crypto and Treasury Markets
8.11.2024
QCP Capital reports that the 2024 U.S. presidential election outcome is significantly influencing both cryptocurrency and treasury markets. QCP Highlights Trump Victory’s Effect on Bitcoin and Treasury Yields Highlighting a Positive Feedback Loop According to QCP Capital’s latest...
Trump and Musk’s Proposed ‘D.O.G.E’ Agency Sends This Meme Coin Soaring
8.11.2024
With Donald Trump winning the presidential election and Elon Musk set to head the administration’s newly proposed Department of Government Efficiency (D.O.G.E) agency, a meme coin with the same acronym has made a significant leap in value. Musk’s Efficiency Agency Proposal Powers...
German Government Collapses, Plunging Economy Into Unprecedented Uncertainty
8.11.2024
Germany’s economic troubles deepen as the ruling coalition disintegrates, exacerbating issues like shrinking investment and consumer confidence. Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner, signaling a potential snap election. Germany’s economy, already struggling with...
Bitcoin as a Reserve Asset: Tom Lee’s Idea to Tackle U.S. Deficit
8.11.2024
In an recent interview with CNBC, Tom Lee, Co-founder of Fundstrat Global Advisors, offered an interesting solution to…
LBank’s First Launchpool: Join Cellula (CELA) and Earn Rewards With No Staking Required
8.11.2024
PRESS RELEASE. LBank, as a leading global cryptocurrency exchange, has recently unveiled the introduction of Cellula (CELA) on its Launchpool. The CELA sale is scheduled from November 8 to November 14, with its listing on LBank spot market set for 10:00 (UTC) on November 14, 2024. Among this, users...
SOL, ADA, and CRO Rally as Altcoin Momentum Picks Up—Is This the Start of Altcoin Season?
8.11.2024
While bitcoin catches its breath after its recent ascent past record highs, other digital assets are enjoying a Friday boost. Altcoins Surge Ahead as Bitcoin Takes a Breather: SOL, CRO, and Meme Coins Lead the Pack As of Nov. 8, the crypto market is coasting 2.09% higher than yesterday, totaling...
Bitcoin Google search spike after Trump victory signals new investor interest
8.11.2024
Trump’s election win sparked a surge in searches, indicating increased retail investor interest in the digital asset
First Mover Americas: BTC in Price Discovery Mode Following Record High
8.11.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets