Crypto

Source: Coin Tegraph United States Senator Cynthia Lummis expressed support for President-elect Donald Trump’s proposal for a Bitcoin reserve after Trump won the 2024 US presidential elections on Nov. 5.  Lummis, a Wyoming Republican and strong crypto advocate, highlighted her intention to pursue the legislation in the Senate, suggesting that the US acquire 1 million…

Source: Bitcoinist Data of the Bitcoin Coinbase Premium Gap could hint at which part of the market has been behind the bullish price action over the weekend. Bitcoin Coinbase Premium Gap Saw Negative Dips During Weekend In a CryptoQuant Quicktake post, an analyst has discussed about the recent trend in the Bitcoin Coinbase Premium Gap….

Source: Coin Tegraph Bitcoin miner Hive Digital is upgrading its infrastructure as it begins construction of facilities in Paraguay, the fourth country it will operate in. The Nasdaq-listed Canadian miner has purchased 6,500 Canaan Avalon A1566 application-specific integrated circuits (ASICs) for delivery from December through March 2025. Hive Digital revs up The first 500 new…

Source: Coin Tegraph Bitcoin (BTC) has been on a roll and shows no signs of slowing down. The latest leg of the rally above $84,500 pushed Bitcoin’s total market capitalization above $1.67 trillion for the first time.  Analysts remain optimistic that Bitcoin will extend its month-to-date gains of 17% as November’s average return is 44%,…

Source: Bitcoinist The Dogecoin price has been on a crazy inflow trend since the beginning of November. This trend, stemming from an increase in activity, has seen the Dogecoin price now trading at a new 2024 high. Notably, the Dogecoin price recently achieved a significant milestone by reaching the $0.30 mark, a level not seen…

Source: Coin Tegraph Agora, a stablecoin company, has introduced its AUSD stablecoin as the native currency for Polygon’s AggLayer, a crosschain settlement network, to enable multichain transactions via a stable, fiat-backed asset. The partnership aims to eliminate the need for token bridges, simplifying and unifying liquidity for developers and end-users in the AggLayer community onchain….

Source: Coin Tegraph Cointelegraph has announced that Rooch Network, a blockchain project building a native application layer for the Bitcoin ecosystem, has joined the Cointelegraph Accelerator program. Bitcoin (BTC) was conceived as an alternative payment system, a digital cash. With a gigantic increase in value over the years, BTC rapidly became an appealing investment vehicle….

Source: Bitcoinist The crypto market is filled with countless altcoins, but ETFSwap (ETFS) is drawing particular attention, capturing the interest of top financial analysts who see transformative potential in its unique functionality and ambitious growth trend. With its advanced AI-driven tools for smart decentralised ETF trading, ETFSwap (ETFS) stands out, with some financial analysts forecasting…

Source: Coin Tegraph Bitcoin (BTC) took daily gains to 4.5% on Nov. 11 as an unlikely weekend of upside held firmly in place. BTC/USD 1-hour chart. Source: TradingView BTC price knocks on $85,000 Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum passing $84,000 after the Wall Street open. Now up nearly 25%…

Source: Bitcoinist Justin Sun, the founder of Tron, is taking advantage of the recent Ethereum rally. After Ethereum surged 29% on the heels of a major Bitcoin-led market advance, Sun cashed out a part of his Ether investment. In addition to Justin and other individual traders, other institutional traders and dormant whales have also taken…