Month: November 2024

Bitcoin (CRYPTO: BTC) has soared to all-time highs following Donald Trump’s election win, also lifting Bitcoin mining stocks on a wave of positive sentiment. Here’s a look at what to watch as several Bitcoin miners are set to report earnings before Wednesday’s opening bell. Hut 8 Corp.’s (NASDAQ:HUT) most...

Pseudonymous crypto trader Cold Blooded Shiller laid out the case for investing in crypto-related stocks over cryptocurrencies. What Happened: The trader announced on his X profile that he has been building positions for months, incurring a significant profit. In his “Ultimate Crypto Stocks” thread, he shared a comparison of...

United States Senator Cynthia Lummis of Wyoming is optimistic that a strategic Bitcoin reserve could be realized quite fast under the incoming Trump administration. Following former President Donald Trump’s proposal to create a US strategic BTC reserve, Lummis introduced the Bitcoin Act at the end of July, outlining a...

Wall Street saw the first surge in risk aversion after Donald Trump‘s election victory last week, as concerns grew over potential tariffs and trade policy shifts spurred by the incoming administration’s key appointments. Trump is reportedly considering Sen. Marco Rubio (R-Fla.) for secretary of state and Rep. Mike Waltz...

Blockworks co-founder Jason Yanowitz sees the cryptocurrency market moving into the most thrilling phase of a four-stage bull market. What Happened: Yanowitz outlined the typical bull market phases in a thread on X: Stage 1: Rebirth (Jan 2023-Jan 2024) Stage 2: Excitement (Feb 2024 through last week) Stage 3:...

It adds to Bitwise’s roster of European staking ETPs. Staking is still prohibited in ETPs listed in the United States....

When Donald Trump clinched victory in the U.S. presidential election, the world of cryptocurrency lit up significantly. Apart from Elon Musk, one of the biggest winners of the night was Binance founder Changpeng Zhao, better known as CZ.  Don’t Miss: 1 in 4 Americans own a share of Bitcoin...

Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills....

The German government may have missed a substantial financial gain, estimated at $1.6 billion, due to the timing of its Bitcoin (CRYPTO: BTC) sales. What Happened: In July, Germany sold 50,000 bitcoin, seized from the defunct piracy site Movie2K, for $2.88 billion. This sale was executed at an average...

Robinhood (NASDAQ:HOOD) CEO Vlad Tenev on Tuesday emphasized that operating a cryptocurrency business is significantly more cost-effective than running traditional financial services, providing a substantial advantage that he described as “undeniable.” What Happened: “It costs us roughly an order of magnitude less to operate a cryptocurrency business and offer...