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Bitcoin News
Medium
6d
107
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Krypital Group October Review
- DeBridge launch new feature to enable moving assets and controlling account across different blockchains. DBR LFG Vault went live, giving eligible users to participate in liquidity bootstrapping event. ZeroLend integrates Coinbase wrapped Eth into its base market, and plans to introduce advanced looping strategies for enhancing yields.
- Injective has launched a Perpetual market to track BlackRock's BUIDL fund and has become a top blockchain for Tokenized RWAs.
- Pyth Network has launched Crypto Redemption Rate feeds, introducing live, smart contract-based valuations for Liquid staking tokens (LRTs) and yield-bearing stablecoins, addressing reliability issues in DeFi.
- With Raiinmaker V3, users can now verify tags of others to increase AI Reputation Score and further earn money. Coiin.AI's integration with Solana wallets allows users to connect and enhance their AI Reputation on the platform. Solv Protocol is partnering with Suzaku to allow Bitcoin holders to share economic security with Avalanche Layer 1s, promoting decentralization and resilience.
- Portal and Aark Digital team up to enable non-custodial, cross-chain Bitcoin liquidity to DeFi. Autonomys prepares for Phase-2 mainnet launch and continues making progress on products like Astral, AutoSDK, Auto Drive, and Autonomys Agents.
- Bitcoins mining difficulty hits an all-time high of 95.7 trillion, after the seven-day moving average hash rate hit a new record for the network. The crypto industry is anticipating Donald Trump's return to power in 2024 and how it will affect crypto-friendly regulation.
- Market indicators in October suggest a shift in sentiment for Ethereum, with increased optimism shown by derivatives traders and a strong Q4 performance predicted.
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Newsbtc
6d
408
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Ethereum Analyst Sees Altseason Potential As BTS Is Still Outpacing ETH – Time To Buy Altcoins?
- Ethereum has surged after breaking a critical resistance level, shifting market sentiment.
- Analyst Ali Martinez suggests altseason has not yet arrived, providing a strategic opportunity to invest in ETH and altcoins.
- Bitcoin's dominance is still overshadowing Ethereum, but as Bitcoin's momentum cools, capital may flow into altcoins.
- Ethereum's technical view shows a bullish breakout, with the need to sustain above critical levels for further gains.
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24 Likes
TronWeekly
6d
284
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Solana (SOL) Surpasses $200, Driven by Crypto-Friendly Sentiment
- Solana (SOL) surpassed $200 on November 8, driven by positive market factors and ecosystem growth.
- Coinbase's launch of cbBTC on Solana aims to expand Bitcoin's presence within the DeFi space.
- cbBTC's success on Solana addresses a gap left by soBTC, signaling a shift in DeFi integration.
- Solana's surge in price was driven by a crypto-friendly sentiment and anticipated outcomes from the upcoming FOMC meeting.
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17 Likes
TronWeekly
6d
173
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Bitcoin and Ethereum Dominate Crypto Narrative as Prices Surge
- Bitcoin and Ethereum are currently dominating the cryptocurrency narrative.
- Social dominance and price performance are closely correlated for these top cryptocurrencies.
- Altcoins like Solana, XRP, and Dogecoin have taken a backseat in terms of investor attention.
- Bitcoin and Ethereum have surged in value, capturing the lion's share of attention and investment, while altcoins have not garnered the same level of interest.
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10 Likes
Cryptonews
6d
165
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Tired of Crypto Pushback by Friends and Family? These Aussie Analysts Have You Covered
- Crypto discussions can be challenging, especially with sceptics at family gatherings.
- Swyftx analysts offer insights on crypto's value, emphasizing its speculative nature but significant potential.
- They highlight Bitcoin for its scarcity and as a store of value, potentially outlasting other cryptocurrencies.
- Analysts suggest diversifying portfolios with crypto assets, while acknowledging their volatility.
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9 Likes
Newsbtc
6d
404
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Cardano Price Prediction: Analyst Sounds Alarm Of Break Through Key Resistance, Why A Rally Could Follow
- Cardano price has broken through a key resistance, signaling a potential uptrend.
- The cryptocurrency is approaching a 'demand zone' at $0.0313, which could act as a crucial support level.
- If Cardano bounces from this level, it could rally and break out above the $0.417 resistance, indicating higher resistance targets.
- However, if Cardano fails to hold the support levels, it could lead to a steep decline and invalidate the bullish scenario.
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24 Likes
Bitcoinist
6d
272
Image Credit: Bitcoinist
Crypto CEO Held Hostage In Toronto, Freed After $1 Million Ransom Payment
- Dean Skurka, CEO of blockchain and crypto firm WonderFi, was kidnapped in downtown Toronto.
- Skurka was released after paying a $1 million ransom.
- Toronto police are investigating the kidnapping but have not provided details about the suspects.
- WonderFi reported $41 million in revenues for the third quarter of the year.
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16 Likes
Blockonomi
6d
24
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BlackRock’s Bitcoin ETF Shatters Records with $4 Billion Trading Volume
- BlackRock's spot Bitcoin ETF, IBIT, achieved a record-breaking trading volume of over $4 billion on November 6.
- Despite the impressive trading activity, IBIT reported a daily outflow of $69 million, marking its largest ever daily outflow.
- IBIT has been rapidly gaining ground on Grayscale's Bitcoin Trust (GBTC) and currently dominates the Bitcoin ETF market with around $26 billion net capital.
- The election results and expectation of a pro-crypto administration are expected to attract more institutional investors to crypto ETFs, potentially boosting the inflows into Bitcoin and Ethereum ETFs.
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1 Like
Zycrypto
6d
148
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Trump Victory Sending Bitcoin Price Past $90,000 As Crypto Markets Gain Super Bullish Steam
- Bitcoin (BTC) surpasses $76,000, hitting an all-time high due to political certainty surrounding the U.S. presidential election.
- Bitcoin's surge is attributed to Donald Trump's lead over Kamala Harris and the perception of it as a hedge against election uncertainty.
- Other cryptocurrencies, like Dogecoin (DOGE) and Solana (SOL), also see substantial gains.
- Experts forecast further price action, predicting Bitcoin to reach $80,000 to $90,000 under a Trump victory and a potential correction under a Harris win.
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8 Likes
Zycrypto
6d
66
Image Credit: Zycrypto
Bitcoin Whales Move $132M Off Binance as “Bitcoin President” Trump Takes Office
- Bitcoin whales moved over $132 million off Binance within hours of Donald Trump’s projected election victory.
- The U.S. is poised to welcome a self-proclaimed pro-Bitcoin president, resulting in a surge in Bitcoin price.
- Trump has pledged to preserve and strengthen the U.S.'s Bitcoin holdings, pushing for regulatory clarity and dismissing SEC Chairman Gary Gensler.
- The potential integration of digital assets with American policy brings hope and excitement to the crypto community.
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3 Likes
Zycrypto
6d
363
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Solana’s Price Jumps Above $200 As Bitcoin Nails New All-Time High Near $77,000
- The price of Solana's native token SOL has surged past $200 for the first time since April.
- SOL is one of the biggest winners among the top 20 cryptos, gaining over 18.3% in the last week.
- Bitcoin reached a new all-time high near $77,000 on November 7.
- Anticipation for a Solana exchange-traded fund (ETF) has increased under a potential Trump administration.
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21 Likes
Nigeriabitcoincummunity
6d
247
5 Top GRASS Airdrop Alternatives
- Missed out on the GRASS airdrop? Here are 5 top GRASS airdrop alternatives.
- 1. Mysterium Network (MYST): A decentralized VPN service where users can share their bandwidth in exchange for rewards.
- 2. Honeygain (HOP Tokens): Monetize unused internet connection by selling it to data scientists and researchers.
- 3. Theta Network (TFUEL): Blockchain for video streaming, users share bandwidth and computing power to optimize streaming quality.
- 4. Althea Network (ALT): Decentralized ISP that pays users for sharing internet connection with others nearby.
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14 Likes
Hackernoon
6d
99
Image Credit: Hackernoon
The HackerNoon Newsletter: Could Trump Make Crypto Great Again? (11/8/2024)
- On November 8, 2024, the HackerNoon newsletter brings top quality stories related to AI accelerators and their impact on deploying Large Language Models (LLMs) at scale.
- The newsletter also explores the potential implications of a Trump victory for cryptocurrency, including pro-crypto policies, Elon Musk's influence, a Bitcoin reserve, and a potential SEC shakeup.
- In addition, there is an article discussing the future of the Bitcoin blockchain as reputation DNA.
- The newsletter also mentions the opportunity to answer the greatest interview questions of all time to consolidate technical knowledge and establish credibility.
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5 Likes
Newsbtc
6d
318
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Bitcoin ETFs See Historic Surge – Institutions Go Bullish On BTC With $1.38 Billion Record Inflows
- Bitcoin had a bullish day, reaching $76,990, breaking its all-time high.
- Bitcoin ETFs experienced a historic surge with $1.38 billion in net daily inflows, indicating institutional demand and adoption.
- Institutional confidence in Bitcoin is driving its recent rally, setting the stage for potential further highs as large-scale investors continue to enter the market.
- BTC is trading at $76,000 and is expected to consolidate around the previous record level of $73,800 before potentially continuing its upward momentum.
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19 Likes
TheNewsCrypto
6d
41
Image Credit: TheNewsCrypto
Bitcoin Whales Amass in Bulk Amid Ongoing Bullish Momentum
- New Bitcoin wallets have reportedly amassed $145 million, increasing market optimism.
- There is optimism about a more transparent regulatory climate for crypto in the US.
- Recent Bitcoin news highlights the increasing interest from BTC whales.
- Binance was awarded Asia's Top FinTech Innovator of 2024 by Fortune.
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2 Likes
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