Crypto news

TL;DR XRP lagged behind other assets despite a market rally tied to Trump’s win. However, some analysts remain hopeful for a breakout if it clears key price levels. Ripple’s CEO Brad Garlinghouse welcomed the Trump victory, calling for changes like replacing SEC Chair Gensler and clarifying Ethereum’s regulatory status. XRP is Late for the Party… Again The cryptocurrency market has been on a tear in the past several hours, caused by Donald Trump’s triumph in the US...

Bitcoin smashed its previous record to briefly surge past a new peak of $75,000 as Donald Trump is all set to become the 47th President of the United States. Amidst what is being considered a massive victory for the crypto industry, the Coinbase Premium Index experienced a positive spike, indicating a potential surge in demand for Bitcoin in the US. Coinbase Premium Index Spikes The “Coinbase Premium Index” tracks the price difference between Bitcoin on Coinbase – an exchange...

TL;DR Binance added two new cryptocurrencies to its platform, causing a substantial price rally for the affected ones. However, those were listed with seed tags, meaning users should be increasingly cautious when entering the ecosystem. The Price Boost Binance announced the listing of the altcoins Cow Protocol (COW) and Cetus Protocol (CETUS). The newly introduced trading pairs include COW/USDT and CETUS/USDT, and clients can now start depositing. Withdrawals will be...

Throughout his election campaign, the new United States President, Donald Trump, remained vocal about his pro-crypto stance and made several promises regarding the development of the nascent industry. CryptoPotato has compiled a list of Trump’s declared promises, including pledges geared towards fostering innovation in the United States and continuing growth of the digital asset industry. Trump’s Promises Regarding Crypto Trump said he would commute the prison sentence of...

Following former president Trump’s 2024 election victory, the cryptocurrency market has experienced a surge in optimism and buying interest. Ethereum was no exception, with its price spiking by 10% at one point, reaching the critical resistance level of $2.5K. A sustained break above this threshold could further fuel bullish momentum. Technical Analysis By Shayan The Daily Chart On the daily chart, Ethereum saw heightened buying activity near the $2.3K support, which...

The State of Michigan Retirement System (SMRS) has significantly increased its Ethereum (ETH) holdings, raising its investment to $10 million and surpassing its Bitcoin (BTC) allocation. This move makes Michigan the first U.S. state pension fund to invest in an Ethereum-based exchange-traded fund (ETF). Michigan Pension Fund’s Crypto Portfolio SMRS, which boasts more than $13 billion in assets, began exploring cryptocurrency earlier this year as part of a broader...

[PRESS RELEASE – Miami, Florida, November 5th, 2024] FLOKI is thrilled to announce its latest marketing push, a four-week campaign at the iconic WAFI Mall in Dubai. From November 8 to December 5, FLOKI’s brand presence will light up 18 digital screens across one of Dubai’s most renowned shopping destinations, marking a major part of our larger Dubai takeover initiative. WAFI Mall draws an average daily foot traffic of approximately 19,500 visitors, providing FLOKI with the...

[PRESS RELEASE – Georgetown, Saint Vincent & The Grenadines, November 5th, 2024] The Infinaeon is project designed with the vision of fundamentally changing how Ethereum scaling is approached. According to the team and the community, the tokenomics behind Infinaeon are designed to prevent oversupply from resulting in negative long-term price action, and now its presale is live. In addition to this, Infinaeon offers a range of tools and features that may interest traders...

[PRESS RELEASE – Kingstown, St Vincent and the Grenadines, November 5th, 2024] Bit Rivals, an innovative gaming platform that bridges AAA and web3 gaming, is launching its presale on Gempad, starting November 6th, 2024. With a unique approach that simplifies web3 integration for all gamers, Bit Rivals aims to expand GameFi’s reach by making blockchain rewards accessible to all. A Seamless Play-and-Earn Experience Bit Rivals was created with a straightforward mission: bring...

TL;DR Community members are advised to follow official sources and avoid interactions with anyone claiming access to exclusive tokens or rewards. Fake groups and impersonators on Telegram are targeting users, so the team urges caution with linking wallets or sharing personal info. Another Alert Shiba Inu’s solid community (comprised of investors, proponents, and developers) is often targeted by bad actors who try to con victims and drain their funds. Earlier this week,...