• AI Firm Genius Group Adopts Bitcoin as Treasury Asset
    by Hassan Shittu on November 12, 2024 at 10:32 pm

    Singapore-based AI firm Genius Group has adopted a “Bitcoin-first” strategy, committing to hold 90% of its reserves in Bitcoin and planning to invest $120 million to acquire approximately 1,380 BTC as its primary treasury asset. The post AI Firm Genius Group Adopts Bitcoin as Treasury Asset appeared first on Cryptonews.

  • Canary Capital Files First-Ever Spot HBAR ETF Application with SEC
    by Hassan Shittu on November 12, 2024 at 9:47 pm

    Canary Capital has made history by filing the first-ever spot ETF application for Hedera’s HBAR token with the SEC, aiming to provide investors direct exposure to HBAR without using derivatives or futures. The post Canary Capital Files First-Ever Spot HBAR ETF Application with SEC appeared first on Cryptonews.

  • Meme Coins Surpass $111B Market Cap as New Vote-to-Earn (V2E) Dogecoin Rival  Flockerz Raises $1.5M in Presale
    by Gary McFarlane on November 12, 2024 at 8:28 pm

    Flockerz ($FLOCK) has now raised $1.5 million in its presale amid a meme coin market melt-up pushing sector market capitalization to $111 billion on Tuesday. Meme coins continue to ride the coattails of Bitcoin’s ($BTC) surge, whose $100,000 price tag was once a dream but is now an imminent reality, with its new all-time high The post Meme Coins Surpass $111B Market Cap as New Vote-to-Earn (V2E) Dogecoin Rival  Flockerz Raises $1.5M in […]

  • Scott Bessent, Donald Trump’s Leading Treasury Secretary Hopeful, Is Pro-Bitcoin
    by Julia Smith on November 12, 2024 at 8:16 pm

    President-elect Donald Trump’s potential pick for United States Treasury Secretary, Key Square Group founder and CEO Scott Bessent, has a long history of being pro-crypto, it has emerged this week. Polymarket bettors are predicting that Bessent has an 89 percent chance of landing the coveted position in Trump’s Cabinet. The post Scott Bessent, Donald Trump’s Leading Treasury Secretary Hopeful, Is Pro-Bitcoin appeared first on Cryptonews.

  • Sui Holders Move to New Presale – Could Early Buyers See Major Returns?
    by Hassan Shittu on November 12, 2024 at 8:09 pm

    SUI, the native token of the Sui blockchain, has surged 55% to an all-time high, prompting holders to explore new presale opportunities amid price fluctuations and a growing interest in diversification among investors. The post Sui Holders Move to New Presale – Could Early Buyers See Major Returns? appeared first on Cryptonews.

  • Bitcoin Faces Regulatory and Operational Hurdles as Reserve Asset: Nomura
    by Hongji Feng on November 12, 2024 at 6:59 pm

    Nomura panelists cite significant regulatory uncertainty, compliance costs, and limited supply as significant obstacles to its potential as a reserve asset within established U.S. financial systems. The post Bitcoin Faces Regulatory and Operational Hurdles as Reserve Asset: Nomura appeared first on Cryptonews.

  • Meme Coins Are Soaring, and This Hidden Gem Might Just Deliver 1,000x Gains 
    by Tim Hakki on November 12, 2024 at 6:48 pm

    The meme coin gold rush is on and investors are speculating on a dizzying array of new projects. In the last 24 hours, meme coins collectively grew 24% to post a collective market capitalization of $117 billion. A large part of the excitement comes from the election of crypto-friendly President Donald Trump as the 47th The post Meme Coins Are Soaring, and This Hidden Gem Might Just Deliver 1,000x Gains  appeared first on Cryptonews.

  • Top Trader Says $PEPE Just Needs One Last Break to Trigger Parabolic Rally – Will It Reach New Highs?
    by Sam Cooling on November 12, 2024 at 6:42 pm

    Analysts suggest that PEPE is set for an explosive surge, but will Pepe Unchained ($PEPU) outperform it? In this article, dive into the latest PEPE price analysis, and discover whether hot low-cap meme coins could offer higher returns in the 2025 bull market. Now boasting a massive $5.3 billion market cap, PEPE has surged with The post Top Trader Says $PEPE Just Needs One Last Break to Trigger Parabolic Rally – Will It Reach New Highs? […]

  • The Digital Chamber Urges U.S. Lawmakers to Pass Stablecoin Legislation in New Report
    by Julia Smith on November 12, 2024 at 6:40 pm

    Crypto advocacy group The Digital Chamber is pushing for stablecoin legislation amid an increased push for fair crypto regulations across the United States, the organization’s new report entitled “How Stablecoins Are Extending U.S. Dollar Dominance” reveals. According to the crypto organization, over 98% of the more than $170 billion worth of stablecoins in existence are pegged to the U.S. dollar. The post The Digital Chamber Urges U.S. […]

  • Best Wallet Sells Out in 6 Hours, Raising $162K on First Day of Presale
    by Gary McFarlane on November 12, 2024 at 6:03 pm

    Best Wallet’s $BEST presale sold out quickly, raising $162K on its first day. Offering features like token presales, favorable swap rates, and seamless crypto-to-fiat off-ramps, it’s redefining the user experience. Learn about its growing popularity among investors and app users. The post Best Wallet Sells Out in 6 Hours, Raising $162K on First Day of Presale appeared first on Cryptonews.

  • $7 Billion Influx Fuels Bullish XRP Price Breakout – Could It Reach a New All-Time High Soon? 
    by Harvey Hunter on November 12, 2024 at 6:02 pm

    Over the past 24 hours, a substantial $7 billion boom in trading volume has triggered a huge technical breakthrough, clearing the path for a new all-time high. The post $7 Billion Influx Fuels Bullish XRP Price Breakout – Could It Reach a New All-Time High Soon?  appeared first on Cryptonews.

  • Best Crypto to Buy Now November 12 – Bonk, Cronos, Neiro
    by Jimmy Aki on November 12, 2024 at 5:18 pm

    Bitcoin’s rally near $90,000 has fueled investor optimism, leading to increased interest in altcoins. Bonk, Cronos, and Neiro emerge as the best crypto to buy now, driven by bullish market sentiment, strong technical indicators, and development plans. Dive into their performance and future prospects. The post Best Crypto to Buy Now November 12 – Bonk, Cronos, Neiro appeared first on Cryptonews.

  • Top Crypto Gainers Today on DEXTools – MAGA, TOME, SGUN
    by Jimmy Aki on November 12, 2024 at 4:54 pm

    Learn about $MAGA, $TOME, and $SGUN—today’s leading crypto gainers on DEXTools. Uncover their rapid price surges, market data, and the trends fueling investor interest in these tokens, ranging from political hype to innovative trading tools. The post Top Crypto Gainers Today on DEXTools – MAGA, TOME, SGUN appeared first on Cryptonews.

  • Coinbase Launches S&P 500 for Crypto: the COIN50 Index
    by Sead Fadilpašić on November 12, 2024 at 4:37 pm

    Coinbase has unveiled the Coinbase 50 Index (COIN50), a benchmark representing the top 50 digital assets listed on the exchange. The post Coinbase Launches S&P 500 for Crypto: the COIN50 Index appeared first on Cryptonews.

  • Binance’s CZ Pokes Fun at ‘Bitcoin is Dead’ Critics as BTC Hits New All-Time High
    by Jimmy Aki on November 12, 2024 at 4:07 pm

    Bitcoin defies the odds again, hitting a new peak. Binance’s CZ pokes fun at the persistence of “Bitcoin is Dead” claims, highlighting BTC’s ability to overcome challenges and maintain its relevance. The post Binance’s CZ Pokes Fun at ‘Bitcoin is Dead’ Critics as BTC Hits New All-Time High appeared first on Cryptonews.

  • Shiba Inu Climbs to Top 10 in Trading Volume – Could It Finally Overtake Dogecoin?
    by Simon Chandler on November 12, 2024 at 4:00 pm

    Shiba Inu has fallen by 7% in the past hour, dropping to $0.00002594 as the cryptocurrency market corrects in the wake of some very strong post-election gains. The post Shiba Inu Climbs to Top 10 in Trading Volume – Could It Finally Overtake Dogecoin? appeared first on Cryptonews.

  • Becoming a ‘Mini-App Mogul’: Calaxy Decentralized Social Platform Launches ‘Worlds’ Online Spaces
    by Sead Fadilpašić on November 12, 2024 at 3:29 pm

    Calaxy’s Worlds tool allows users to build and customize no-code apps. The post Becoming a ‘Mini-App Mogul’: Calaxy Decentralized Social Platform Launches ‘Worlds’ Online Spaces appeared first on Cryptonews.

  • What’s Happening In Crypto Today? Daily Crypto News Digest
    by Sead Fadilpašić on November 12, 2024 at 3:23 pm

    In crypto news today: Why is crypto up today? Trumpʼs Win Sparks Market Optimism, But Inflation Risks Loom – Bitfinex Stani Kulechov Announces New Lens and App Migration to Lens V3 Physicist, Computer Scientist Stephen Wolfram Joins Quai Network as Advisor The post What’s Happening In Crypto Today? Daily Crypto News Digest appeared first on Cryptonews.

  • Bhutan Reaches $1 Billion in Bitcoin Holdings
    by Jimmy Aki on November 12, 2024 at 3:05 pm

    Bhutan achieves $1 billion in Bitcoin holdings, driven by hydropower mining since 2021. This positions Bhutan among leading Bitcoin-holding governments globally, alongside El Salvador. The post Bhutan Reaches $1 Billion in Bitcoin Holdings appeared first on Cryptonews.

  • Dogecoin Overtakes XRP as Elon’s Influence Pushes DOGE to 2021 Highs – Could $10 Be Next?
    by Simon Chandler on November 12, 2024 at 2:32 pm

    The price of Dogecoin has exploded by an astonishing 40% in the past 24 hours, surging to $0.4277 as buyers continue to bet that the meme token will benefit from Elon Musk’s involvement in the incoming Trump administration. The post Dogecoin Overtakes XRP as Elon’s Influence Pushes DOGE to 2021 Highs – Could $10 Be Next? appeared first on Cryptonews.

  • Price Controls And Alcoholism – The Buzz First, The Hangover Later
    by Tyler Durden on November 12, 2024 at 10:40 pm

    Price Controls And Alcoholism – The Buzz First, The Hangover Later Authored by Raushan Gross via The Mises Institute, Just ignore the economists, says a recent article in The Atlantic. Well, what about listening to economists concerning the devastating effects of price controls? If we ignore economists, then it would be easy to ignore market interventionists’ uncontrollable and intoxicating need to impose price floors and […]

  • Beirut Suffers Under Biggest Daytime Airstrikes As Israel Says Time Not Right For Ceasefire
    by Tyler Durden on November 12, 2024 at 10:20 pm

    Beirut Suffers Under Biggest Daytime Airstrikes As Israel Says Time Not Right For Ceasefire Israeli warplanes are again pounding the Lebanese capital of Beirut, unleashing one of the heaviest daytime attacks yet on Hezbollah strongholds in the southern suburbs. Israel’s defense ministry has thus far ruled out a ceasefire, which has been backed by both the US and Russia, until its military goals are met. It also remains that […]

  • “Remember, Remember, The 5th Of November”: Democrats Seem To Be Moving On From Democracy
    by Tyler Durden on November 12, 2024 at 10:00 pm

    “Remember, Remember, The 5th Of November”: Democrats Seem To Be Moving On From Democracy Authored by Jonathan Turley, Democracy appears to be losing its appeal on the left. After campaigning on panic politics and predicting the imminent death of democracy, some on the left are now calling to burn the system down in light of Republicans not only taking both houses and the White House but Trump likely winning the popular vote. […]

  • Trump ‘Warrior Board’ Would Purge ‘Woke Generals’ From US Military Leadership
    by Tyler Durden on November 12, 2024 at 9:40 pm

    Trump ‘Warrior Board’ Would Purge ‘Woke Generals’ From US Military Leadership After years of feminizing the US military through DEI initiatives, a new executive order under consideration by the Trump transition team would establish a “warrior board” of retired senior military personnel which would be granted the power to review three- and four-star officers and recommend any removals of those deemed unfit for leadership. Army Gen. […]

  • Uniparty Establishment War On MAHA Heats Up
    by Tyler Durden on November 12, 2024 at 9:20 pm

    Uniparty Establishment War On MAHA Heats Up Authored by Brian Robertson via American Greatness, “Trump really could empower RFK Jr. to wreck public health” proclaims the headline in Vox. “RFK Jr. Wants to Reshape US Health Policy. Good Luck With That” mocks a banner in Wired. Likewise, the Wall Street Journal joined the frenzy, noting that “industry, doctors, and their supporters in Congress probably will resist […]

  • Small Caps Slayed As Yields, Crypto, & The Dollar Soar
    by Tyler Durden on November 12, 2024 at 9:00 pm

    Small Caps Slayed As Yields, Crypto, & The Dollar Soar Bitcoin came within a few bucks of the $90,000 Maginot Line today – up a stunning 30% since right before the election results started to pour in… Source: Bloomberg Winter is over? Source: Bloomberg Massive inflows into BTC and ETH ETFs over the last week have helped… Source: Bloomberg …and so has the sudden resurgence in global liquidity… Source: […]

  • Long-Range Ukrainian Drone Strike On Warships In Caspian Sea Worries Kremlin
    by Tyler Durden on November 12, 2024 at 8:40 pm

    Long-Range Ukrainian Drone Strike On Warships In Caspian Sea Worries Kremlin Earlier this month Ukraine’s military achieved a significant first, and one which was surely noticed by Russia as cause for deep alarm. On November 6, a large Ukrainian kamikaze drone struck Russian warships in the Caspian Sea, at a huge distance from the front lines of the war. Ukraine’s Defense Intelligence service said at least two targets were hit, […]

  • DOJ Opened Over 100 New Jan. 6 Cases Between June And Election Day
    by Tyler Durden on November 12, 2024 at 8:20 pm

    DOJ Opened Over 100 New Jan. 6 Cases Between June And Election Day Authored by Ken Silva via Headline USA, The Justice Department has released statistics on the number of J6 protestors arrested since the Jan. 6, 2021, Capitol Hill uprising – showing that prosecutors were busy arresting dozens of new targets in the run-up to Election Day. According to the DOJ, approximately 1,561 J6ers have been charged criminally in federal […]

  • CNN Reportedly Laying Off On-Air Talent & Hundreds Of Workers
    by Tyler Durden on November 12, 2024 at 7:45 pm

    CNN Reportedly Laying Off On-Air Talent & Hundreds Of Workers Update (1445ET): The epic meltdown of far-left corporate media following the presidential election continues to gain momentum as CNN and MSNBC viewerships implode. Next up: layoffs. Puck’s Dylan Byers reports that CNN newsroom will likely be hit with another round of layoffs over the next few months. This time, as Byers noted, big talent could be on the chopping […]

  • Strategist Carville Blasts Democrats For Their “Goddamn Arrogance And Stupidity”
    by Tyler Durden on November 12, 2024 at 7:35 pm

    Strategist Carville Blasts Democrats For Their “Goddamn Arrogance And Stupidity” Authored by Steve Watson via Modernity.news, Old School lefty strategist James Carville is still raking Democrats across the coals for doing everything wrong and becoming an obsolete political force. In another rant, Carville, the former lead strategist in Bill Clinton’s winning 1992 Presidential campaign, noted “We have no legislative power, […]

  • “People Of Israel Love Him”: Mike Huckabee Tapped As Trump’s Ambassador To Israel
    by Tyler Durden on November 12, 2024 at 7:15 pm

    “People Of Israel Love Him”: Mike Huckabee Tapped As Trump’s Ambassador To Israel President-elect Donald Trump has announced his nomination for the important post of US Ambassador to Israel, at a moment the Middle East stands on the brink, with wars raging in Gaza and Lebanon, and with tensions boiling between Tehran and Tel Aviv. “I am pleased to announce that the Highly Respected former Governor of Arkansas, Mike Huckabee, has […]

  • NY Fed Survey Finds Broad Improvement In Economic Sentiment As Inflation Expectations Slide
    by Tyler Durden on November 12, 2024 at 7:00 pm

    NY Fed Survey Finds Broad Improvement In Economic Sentiment As Inflation Expectations Slide One month after the October NY Fed consumer expectations survey showed a rebound in stagflation dynamics as inflation expectations at both the 3 and 5 year horizon increased while perceptions about the broader economy deteriorated (especially as debt delinquency expectations hit a 4 year high), the deterioration in sentiment reversed […]

  • In Arizona, Gallego Beats Lake In US Senate Showdown
    by Tyler Durden on November 12, 2024 at 6:45 pm

    In Arizona, Gallego Beats Lake In US Senate Showdown Authored by Nathan Worcester via The Epoch Times (emphasis ours), A closely watched Senate race in a presidential battleground has been called for Rep. Ruben Gallego (D-Ariz.) against former newscaster Kari Lake. (Left) Kari Lake speaks in Dallas on Aug. 5, 2022, and (right) Rep. Ruben Gallego (D-Ariz.) in the Capitol on July 14, 2022. AP Photo As of 9:52 p.m, Gallego had 50 […]

  • Five Reasons Why Trump Should Revive The Draft Russian-Ukrainian Peace Treaty
    by Tyler Durden on November 12, 2024 at 6:05 pm

    Five Reasons Why Trump Should Revive The Draft Russian-Ukrainian Peace Treaty Authored by Andrew Korybko via Substack, Trump has everything to gain by picking up where everyone left off over two and a half years ago. The Wall Street Journal’s report that Trump wants to create a Western-patrolled DMZ along the Line of Contact (LOC) for freezing the Ukrainian Conflict, which was analyzed here and here, dangerously runs the […]

  • Houthis Claim Missiles & Drones Targeted US Aircraft Carrier Near Critical Maritime Chokepoint
    by Tyler Durden on November 12, 2024 at 5:45 pm

    Houthis Claim Missiles & Drones Targeted US Aircraft Carrier Near Critical Maritime Chokepoint Yahya Sarea, the Houthi military spokesman, wrote on X that the Yemeni Armed Forces conducted two military operations, “the first of which targeted the American aircraft carrier (Abraham) in the Arabian Sea with several cruise missiles and drones, and the other targeted two American destroyers in the Red Sea with a number of ballistic […]

  • Donald Trump Jr. Joining 1789 Capital To Fund ‘America First’ Themes
    by Tyler Durden on November 12, 2024 at 5:30 pm

    Donald Trump Jr. Joining 1789 Capital To Fund ‘America First’ Themes President-elect Donald Trump’s oldest son has opted out of a spot on the transition team and instead plans to join a venture capital firm focused on investing in conservative-leaning companies.  The New York Times reports that Donald Trump Jr. plans to become a partner at Florida-based venture firm 1789 Capital. He unveiled his new career pathway at a […]

  • OPEC Oil Production Jumps By 470,000 Bpd As Libyan Output Returns
    by Tyler Durden on November 12, 2024 at 5:10 pm

    OPEC Oil Production Jumps By 470,000 Bpd As Libyan Output Returns Authored by Tsvetana Paraskova via OilPrice.com, The return of Libya’s oil production to full capacity raised the total OPEC output by 466,000 barrels per day (bpd) in October from September, the cartel’s monthly report showed on Tuesday, less than two months ahead of a planned reversal of part of the cuts. Total crude oil production in all 12 OPEC members […]

  • ​​​​​​​”Keep Grinding”: Elon Musk’s America PAC Will Continue Anti-Soros Push Ahead Of Special Elections & Midterms
    by Tyler Durden on November 12, 2024 at 4:50 pm

    ​​​​​​​”Keep Grinding”: Elon Musk’s America PAC Will Continue Anti-Soros Push Ahead Of Special Elections & Midterms Elon Musk’s America PAC, the super PAC that spent about $200 million (according to AP sources) in support of Trump, will continue operating after the elections to counter George Soros’ influence and increase Republican registrations in key states ahead of special elections and the midterms. […]

  • Woman Kills Own Father With Ax After Being “Overwhelmed” On Election Night
    by Tyler Durden on November 12, 2024 at 4:30 pm

    Woman Kills Own Father With Ax After Being “Overwhelmed” On Election Night Authored by Steve Watson via Modernity.news, A woman in Seattle has been arrested on first-degree murder charges, allegedly killing her own father with an ice ax after becoming “overwhelmed” on the night of the US election. The New York Post reports that 33-year-old Corey Burke, who “appeared to be having a mental health crisis,” is accused of […]

  • To The Moon!
    by Tyler Durden on November 12, 2024 at 3:50 pm

    To The Moon! By Benjamin Picton, senior macro strategist at Rabobank To The Moon! Another day, another record close for the S&P500. The 51st of 2024, to be exact. Even European stocks got in on the act yesterday, with the EuroStoxx 50 closing 1.07% higher, the FTSE100 up 0.65% and the German DAX +1.21%. There are also signs that the rally continues to broaden out from the usual mega-cap tech leadership. The Russell 2000 rose […]

  • NY Judge Delays Trump ‘Hush Money’ Case Immunity Hearing
    by Tyler Durden on November 12, 2024 at 3:37 pm

    NY Judge Delays Trump ‘Hush Money’ Case Immunity Hearing New York Judge Juan Merchan delayed a Tuesday decision on whether President-elect Trump’s conviction can withstand the Supreme Court’s presidential immunity ruling, following his election victory last week. According to The Associated Press, Merchan told Trump’s lawyers on Nov. 12, when he was scheduled to make his decision, that he would make his ruling on Nov. 19, […]

  • Israeli Minister Says Trump Victory Presents Israel ‘Opportunity’ To Annex West Bank
    by Tyler Durden on November 12, 2024 at 3:20 pm

    Israeli Minister Says Trump Victory Presents Israel ‘Opportunity’ To Annex West Bank Some Israeli hardliners in Prime Minister Benjamin Netanyahu’s government see the incoming Trump administration as a representing a big opportunity to annex more territory in the West Bank. “The year 2025 will be, with God’s help, the year of sovereignty in Judea and Samaria,” Israeli Finance Minister Bezalel Smotrich said, using the biblical […]

  • Chris Wallace Departing CNN After 3 Years To ‘Explore Podcasting’
    by Tyler Durden on November 12, 2024 at 3:00 pm

    Chris Wallace Departing CNN After 3 Years To ‘Explore Podcasting’ Authored by Aldgra Fredly via The Epoch Times, Veteran television broadcaster Chris Wallace announced on Monday that he will depart CNN to pursue an independent venture in streaming or podcasting platforms. The 77-year-old broadcaster told The Daily Beast that he had decided not to renew his three-year contract with CNN when it lapses at the end of the year. “I […]

  • Trump Expected To Tap Rubio As Secretary Of State
    by Tyler Durden on November 12, 2024 at 2:40 pm

    Trump Expected To Tap Rubio As Secretary Of State Shortly after raising hopes that he would keep his administration free of such people, Donald Trump has started filling his national security team with neoconservatives. First came word that he would assign New York Rep. Elise Stefanik as UN ambassador, then Florida Rep. Mike Waltz as National Security Advisor, and now the New York Times reports that Sen. Marco Rubio is expected to […]

  • “They Just Got Handed Fraudulent Books” – Ed Dowd Confirms Our Warning That Trump Is ‘Inheriting A Turd Of An Economy’
    by Tyler Durden on November 12, 2024 at 2:20 pm

    “They Just Got Handed Fraudulent Books” – Ed Dowd Confirms Our Warning That Trump Is ‘Inheriting A Turd Of An Economy’ Via Greg Hunter’s USAWatchdog.com, Former Wall Street money manager Ed Dowd is a skillful financial analyst who said in May the economy was skidding.  Now, Dowd predicts the economy is poised to “roll over” and soon.  Why is the Fed cutting rates with a record high DOW?  Maybe they see the same thing […]

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  • Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism
    by Assad Jafri on November 12, 2024 at 10:30 pm

    BitMEX founder and former CEO Arthur Hayes believes Bitcoin will continue to outperform traditional assets as the US adopts an economic model that mirrors China’s state-led capitalism under President Donald Trump’s administration. Hayes said in a recent blog post that inflation and a weakening dollar will drive Bitcoin’s value higher in the coming years as The post Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism […]

  • Fed Governor Waller questions CBDC utility for payments
    by Gino Matos on November 12, 2024 at 9:00 pm

    Federal Reserve Governor Christopher Waller recently expressed skepticism about the need for a central bank digital currency (CBDC) in the US payment system Waller made the comments during a speech at The Clearing House Annual Conference 2024 on Nov. 12, where he questioned whether the system has a problem that CBDCs could solve. He stated: The post Fed Governor Waller questions CBDC utility for payments appeared first on CryptoSlate.

  • Robinhood CEO touts crypto’s cost advantage over TradFi operations
    by Assad Jafri on November 12, 2024 at 7:45 pm

    Robinhood CEO Vlad Tenev recently highlighted the substantial efficiency benefits of crypto operations, arguing that the crypto business model outperforms traditional finance in both cost and customer service. In a Nov. 12 appearance on CNBC, Tenev revealed that running a crypto business costs “roughly an order of magnitude” less than traditional financial services. Crypto vs. The post Robinhood CEO touts crypto’s cost advantage over […]

  • Canary Capital files application for a spot HBAR ETF
    by Gino Matos on November 12, 2024 at 6:48 pm

    Nashville-based asset manager Canary Capital filed an S-1 form for an exchange-traded fund (ETF) tied to HBAR, the native asset of the Hedera blockchain. The move comes weeks after Canary’s filed for an HBAR trust and adds to its growing repertoire of applications for spot ETFs connected to Litecoin, XRP, and Solana. Following the news, The post Canary Capital files application for a spot HBAR ETF appeared first on CryptoSlate.

  • Coinbase launches COIN50 index to rival S&P 500 in crypto markets
    by Gino Matos on November 12, 2024 at 5:52 pm

    Coinbase has unveiled its crypto benchmark, the Coinbase 50 Index (COIN50), which will track the aggregated performance of the top 50 cryptocurrencies by market capitalization. The index’s rationale is to provide a comprehensive view of the crypto market by distilling thousands of digital tokens to a select 50 based on fundamental standards and market size. The post Coinbase launches COIN50 index to rival S&P 500 in crypto markets […]

  • Ethereum’s Beam Chain proposal promises streamlined staking and enhanced security
    by Oluwapelumi Adejumo on November 12, 2024 at 3:59 pm

    Ethereum Foundation researcher Justin Drake has introduced a transformative proposal for a new consensus layer upgrade called the “Beam Chain” during his Nov. 12 presentation at DevCon in Bangkok. The Beam Chain is a complete overhaul of Ethereum’s consensus layer, which would move the blockchain network closer to its final architecture. Drake pointed out that The post Ethereum’s Beam Chain proposal promises streamlined staking and […]

  • Dogecoin soars 38% as renewed interest propels it multi-year high
    by Oluwapelumi Adejumo on November 12, 2024 at 2:38 pm

    Bitcoin’s recent surge toward an all-time high near $90,000 has drawn renewed interest in the broader crypto market. Thanks to its increase to a three-year high, Dogecoin also emerged as a standout performer. Data from CryptoSlate shows that Dogecoin has jumped by nearly 38% in the past 24 hours, climbing to a year-to-date high of The post Dogecoin soars 38% as renewed interest propels it multi-year high appeared first on CryptoSlate.

  • Tether prints $5 billion USDT in 5 days adding to bull run market liquidity
    by Oluwapelumi Adejumo on November 12, 2024 at 1:26 pm

    Tether has minted $5 billion worth of the USDT stablecoin over the past week amid Bitcoin’s rally near the $90,000 milestone. Data from blockchain analytics platform SpotOnChain reveals that Tether began this series of USDT issuances with $1 billion minted on Nov. 6, contributing to Bitcoin’s climb to a record high of $76,200. The firm The post Tether prints $5 billion USDT in 5 days adding to bull run market liquidity appeared first on […]

  • Bitcoin bull run could continue for 200 days before possible US recession – Report
    by Liam ‘Akiba’ Wright on November 12, 2024 at 12:30 pm

    Bitcoin’s current market cycle indicates a potential peak in about 200 days, coinciding with forecasts of a possible US recession by mid-2025. According to recent research from Copper.co, this alignment emerges as Bitcoin reaches day 554 of its cycle. Historically, Bitcoin’s market cycles average 756 days from the point when the annual average growth of its The post Bitcoin bull run could continue for 200 days before possible US recession […]

  • Bitcoin’s price out values 1kg of gold as its market cap exceeds silver
    by Oluwapelumi Adejumo on November 12, 2024 at 12:17 pm

    Bitcoin’s record-breaking price streak to nearly $90,000 has positioned the top crypto asset ahead of silver and gold in key market metrics. Data tracked by TradingView showed that gold is on a downward slope. The price of one kilogram of gold dropped to $83,439 as spot gold declined by 1.8% to $2,636 per ounce as The post Bitcoin’s price out values 1kg of gold as its market cap exceeds silver appeared first on CryptoSlate.