Category Archive: Cryptocurrency, No picture
JPMorgan says both Bitcoin and gold should benefit from Trump’s victory
Key Takeaways JPMorgan predicts both Bitcoin and gold will benefit from Trump’s victory as part of the ‘debasement trade’. Retail investor interest in Bitcoin and gold is increasing, with continued investment expected into 2025. Share this article Bitcoin and gold are expected to benefit from Donald Trump’s presidential victory as part of the “debasement trade,” […]
Commissioner Mark Uyeda favored as next SEC chair
Key Takeaways Mark Uyeda is a strong contender for SEC chair as Trump wins presidency. Gary Gensler is expected to resign before the end of his term. Share this article SEC Commissioner Mark Uyeda is a potential candidate to replace Gary Gensler as SEC Chair following Donald Trump’s victory in the 2024 presidential election, according […]
CZ says he’s fully detached from Binance operations: ‘I’m just a regular shareholder now’
Key Takeaways CZ has fully detached from Binance operations and views himself as a regular shareholder now. CZ is exploring new ventures in artificial intelligence and biotech while remaining a long-term investor. Share this article Changpeng “CZ” Zhao, Binance’s billionaire founder, says he has no intention of returning to lead the crypto exchange following his […]
Bank of England cuts interest rates to 4.75% as UK inflation falls below target
Key Takeaways The Bank of England decided to cut interest rates by 25 basis points during its monetary policy meeting today. The reduction is the second rate cut this year following a previous cut in August. Share this article The Bank of England (BoE) lowered its key interest rates to 4.75% from 5% on November […]
BlackRock records largest single-day outflow, but Bitcoin ETFs still post $622 million gains
Key Takeaways US spot Bitcoin ETFs break a three-day losing streak with $622 million in net inflows on November 6. Despite BlackRock IBIT’s largest outflow day, several ETFs, including Fidelity and ARK, led gains with substantial inflows. Share this article US spot Bitcoin ETFs attracted approximately $622 million in net inflows on November 6, ending […]
Polymarket faces potential ban in France amid gambling concerns
Key Takeaways Polymarket has come under scrutiny from France’s gambling regulator. Polymarket has facilitated over $3.2 billion in bets, raising legal concerns in France. Share this article France is considering restricting access to Polymarket amid concerns over unlicensed gambling activities, as reported by The Big Whale, a French web3-focused publication, on Wednesday.Polymarket’s model of betting […]
Polymarket predicts a 99% chance of Republican control of the House
Key Takeaways Polymarket reflects a 99% probability of Republicans taking the House, with the Senate already secured. A GOP-led Congress could ease the path for crypto-friendly legislation. Share this article Polymarket, the crypto-based prediction market, indicates a 99% probability of Republicans gaining control of the House of Representatives, as trading on their shares for House […]
US Senator Lummis reaffirms Bitcoin will be become a national reserve asset following Trump’s victory
Key Takeaways Senator Lummis proposes the US Treasury to acquire 1 million Bitcoin over five years. The strategic reserve aims to reduce national debt by half by 2045 and position the US as a financial innovation leader. Share this article Senator Cynthia Lummis reaffirmed plans to establish a strategic Bitcoin reserve following Donald Trump’s election […]
Arkham Intelligence launches on-chain perpetual market platform
Key Takeaways Arkham Intelligence introduced an on-chain perpetual trading platform called Arkham Exchange. The exchange will be available next week, with VIP users accruing points redeemable for ARKM tokens Share this article Arkham Intelligence, the blockchain analytics firm, announced the launch of Arkham Exchange, a new on-chain perpetual trading platform featuring transparent operations and live […]
Tron unites as silver sponsor at SmartCon, Justin Sun announces Tron integration with Chainlink data feeds
Key Takeaways TRON DAO announced its integration with Chainlink Data Feeds to enhance security for its DeFi applications. The TRON network has over 270 million user accounts and generates significant quarterly revenue. Share this article Geneva, Switzerland, November 6, 2024 – Justin Sun, Founder of TRON, Global Advisor of HTX and Prime Minister of Liberland, […]
