SEC’s Mark Uyeda has high chance of becoming next chair — Lawyer
The SEC’s “Crypto Mom” Hester Peirce is unlikely to replace Gary Gensler as the new chair, crypto lawyer Jake Chervinsky believes. Go to Source
Bitcoin
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Bitcoin preps FOMC reaction as BTC price coils below new $76.5K record
BTC price targets already include $100,000, with Bitcoin traders bracing for more volatility around the Fed interest rate decision. Go to Source
Crypto stocks close on huge gains riding Donald Trump’s US election win
Traders have seized on optimism that the more pro-crypto Republicans could also win a majority in Congress after the party won the Senate and the White House. Go to Source
Bitcoin Taps Intraday High of $76.4K—Is This the Start of a Golden Bull Era?
Bitcoin (BTC) hit a peak of $76,481 on Bitstamp shortly after 3 p.m. EDT Wednesday. By 7:30 p.m., the flagship cryptocurrency hovered at $75,297 per coin. Market Chaos as Bitcoin Short Sellers Take a $242M Hit The day brought bitcoin a solid gain of over 9% against the U.S. dollar as of 7:30 p.m. It’s … Read more
Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers
Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost Mining Efficiency With ASIC Fleet Upgrade As part of this effort, Hut 8 (Nasdaq: HUT) is acquiring … Read more
Blackrock Bitcoin ETF sees $1B volume in first minutes of post-election trading
Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win. Go to Source
Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally
After last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched the White House. Bitcoin Mining Stocks See Explosive Gains On Nov. 6, bitcoin mining stocks rallied, riding high alongside bitcoin, which hovered at $74.6K by 9:40 a.m. ET on Wednesday. MARA Holdings (MARA), boasting the … Read more
Vintage Bitcoin Wallets Resurface—Millions Worth of BTC on the Move as Prices Hit New Highs
With bitcoin staying solid above the $74,000 mark, a wave of long-dormant bitcoins from years past has suddenly come to life as the price edges higher. Dormant Bitcoin Vaults Open as the Price Climbs Higher Bitcoin (BTC) hit a fresh all-time high, with prices reaching $75,397 per coin on Bitstamp, setting new excitement across the … Read more
What’s Next for Bitcoin After Hitting New All-Time High
A new all-time high for bitcoin on U.S. Election Day has sent the market into peak euphoria with speculators looking to ride the bullish momentum. New All-Time High for Bitcoin Another bullish cycle for the crypto ecosystem could be on the horizon with bitcoin’s (BTC) new all-time high (ATH). This new ATH spurred by Donald … Read more
Bitcoin ETFs Lose $116.9M as Ether Funds Stay Neutral in Pre-Election Trade
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday’s trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov. 5, earlier … Read more