This week’s Crypto Biz features Polymarket, BlackRock’s IBIT hitting $1B volume, Meta’s Llama joining the US military, Bitcoin miners posting production records in October and VanEck listing PYTH ETN. Read More at https://cointelegraph.com/news/crypto-biz-us-elections-crown-polymarket?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: November 2024
Binance Labs ventures into DeSci with BIO Protocol investment
The decentralized science DAO supports healthcare efforts that might otherwise not attract sufficient funding and gives stakeholders a say in their management. Read More at https://cointelegraph.com/news/binance-labs-invests-in-bio-protocol?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canadian police praise Tether for 'swift' recovery of stolen funds
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities. Read More at https://cointelegraph.com/news/canadian-police-praise-tether-swift-recovery-stolen-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FTX tries to reclaim $11M from Crypto.com-controlled Alameda account
Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users. Read More at https://cointelegraph.com/news/ftx-debtors-reclaim-funds-crypto-com-alameda-research-account?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy shares up 20% in the week following Trump’s victory, rate cuts
MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027. Read More at https://cointelegraph.com/news/micro-strategy-shares-up-20-week-following-trump-victory-rate-cuts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum enters ‘scarcity mode,’ paving the way for ETH rally to $6K — Analyst
Ether’s price metrics have replicated 3 key bullish actions which resulted in a 120% rally in Q1 2024. Will it happen again? Read More at https://cointelegraph.com/news/ethereum-enters-scarcity-mode-paving-the-way-for-eth-rally-to-6-k-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC mulls approving Ethereum ETF options
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said. Read More at https://cointelegraph.com/news/sec-delays-ethereum-etf-options-decision-once-more?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Republicans won the Senate, but 2 crypto races are still up for grabs
Democrat Ruben Gallego was leading in a race for Arizona’s Senate race, while Republican Sam Brown trailed in Nevada. Read More at https://cointelegraph.com/news/republicans-win-us-senate-candidates-trailing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why Ethereum traders are closely watching ETH/BTC charts — Spoiler alert, it's bullish
After lagging Bitcoin for most of 2024, Ethereum appears to be in the early stages of a bullish trend reversal. Here’s why traders are closely watching the ETH/BTC pair. Read More at https://cointelegraph.com/news/why-ethereum-traders-are-closely-watching-eth-btc-charts-spoiler-alert-it-s-bullish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
North Korean hacker BlueNoroff targets crypto firms with new malware
According to cybersecurity firm Recorded Future, North Korean hacker groups have stolen approximately $3 billion in funds since 2017. Read More at https://cointelegraph.com/news/north-korean-hacker-blue-noroff-targets-crypto-firms-new-malware?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound