Bitcoin all-time high at $76.8K is just the beginning, according to data
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher. Go to Source
Month: November 2024
Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO
According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch. Go to Source
After US election wins, the crypto industry looks to the 2026 midterms
Contributions from Coinbase and statements from executives suggested that crypto companies were likely to keep pouring money into future US elections. Go to Source
Republican Senator Lummis Pushes for BTC Reserve as Trump Returns to the White House
After Donald Trump secured his victory in the 2024 U.S. presidential race, Cynthia Lummis, the Republican senator from Wyoming, jumped on social media with a bold declaration: “We are going to build a strategic bitcoin reserve.” ‘Every Nation Needs a Bitcoin Reserve’ Wyoming’s Republican senator and vocal bitcoin advocate, Cynthia Lummis, couldn’t hide her excitement … Read more
Institutions are betting big on RWAs and expecting large returns
Institutions are fueling RWA tokenization growth, but challenges remain for this emerging sector. Go to Source
Trader’s Successful Donald Trump Bets Prompts French Regulator to Go After Polymarket
The French gambling regulator is considering banning access to the predictions market Polymarket despite the platform not specifically targeting French users. Polymarket’s Political Predictions Ruffle Feathers The French gambling regulator, the National Gaming Authority (NGA), is reportedly contemplating banning access to the predictions market Polymarket. An anonymous source in the NGA said the regulator can … Read more
JPMorgan Set to Launch Instant Settlement for Euro-Dollar Conversions
The bank’s token, JPM Coin, which already processes $2 billion in transactions every day, will be used for the settlement processes. JPMorgan Leveraging Blockchain for Cross-Border Settlement JPMorgan, the largest bank in the U.S. has set out plans to provide quick settlement for currency exchanges between the dollar and the euro. Over time, the bank … Read more
Pro-crypto Republicans win House seats as majority control still TBD
Jeff Hurd and Scott Perry, both in favor of FIT21, won close elections against their Democratic rivals for House seats in Colorado and Pennsylvania. Go to Source
Unanimous Fed Decision: Quarter-Point Cut Signals Major Shift
The U.S. Federal Reserve gathered on Thu. for its Federal Open Market Committee (FOMC) session, where officials opted to trim the federal funds rate by a quarter-point. This announcement comes on the heels of Donald Trump’s election as the 47th president of the United States. “The economic outlook is uncertain, and the Committee is attentive … Read more
Galaxy Digital clocks biggest trading day of year on US election day: Report
Trump’s win sparked a surge of interest in crypto, Galaxy’s CEO reportedly said. Go to Source
