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Ark Invest’s Cathie Wood Predicts Tech Boom and Crypto Growth with Trump Presidency

Cathie Wood, founder of Ark Invest, anticipates that Donald Trump’s potential return to the presidency could bring major shifts to the U.S. economy and crypto landscape.

11.11.2024 16:00 2 min. read Kosta Gushterov

Vitalik Buterin Highlights Polymarket’s Potential to Revolutionize Information Sharing

In his blog, Ethereum co-founder Vitalik Buterin discusses how prediction markets like Polymarket could extend far beyond election betting, potentially transforming fields such as social media, news, science, governance, and more.

11.11.2024 10:00 2 min. read Alexander Zdravkov

Edward Snowden Warns of Major Risks Facing Blockchain

At the Redacted conference hosted by Near in Bangkok, Edward Snowden, renowned privacy advocate and renowned whistleblower, shared his perspective on cryptocurrencies, AI, and the blockchain industry.

11.11.2024 9:00 1 min. read Alexander Stefanov

How Warren Buffett’s Early Sell-Off Cost Berkshire $40 Billion in Missed Gains

Warren Buffett has reportedly missed out on nearly $40 billion in potential gains after significantly trimming Berkshire Hathaway’s holdings earlier in 2024.

10.11.2024 20:00 1 min. read Kosta Gushterov

Bank of America Braces for $800 Million Loss Amid Regulatory Scrutiny

Bank of America is bracing for potentially massive financial repercussions due to ongoing regulatory challenges.

10.11.2024 16:00 1 min. read Alexander Zdravkov

Crypto Exchange Traffic Surges Following U.S. Election Results

In October, the 20 largest crypto exchanges saw an 8% rise in traffic, signaling increased investor engagement as the 2024 U.S. elections drew nearer and retail trader participation grew.

10.11.2024 15:00 2 min. read Alexander Zdravkov

Why 2025 Could Be Crypto’s Best Year Yet

Coinbase analysts maintain a positive outlook for the cryptocurrency market as 2024 nears its end, underscoring how economic and political shifts may drive growth in the coming months.

10.11.2024 10:00 1 min. read Alexander Stefanov

FTX Files Lawsuit to Recover $100M from SkyBridge and Anthony Scaramucci

The FTX bankruptcy team is pursuing more than $100 million from SkyBridge Capital and its founder Anthony Scaramucci, aiming to reclaim funds linked to deals struck between Scaramucci’s firm and former FTX CEO Sam Bankman-Fried before FTX’s collapse.

10.11.2024 8:00 1 min. read Alexander Zdravkov

Republicans Could Boost Crypto Market to $10 Trillion by 2026 – Standard Chartered

Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, predicts that the global cryptocurrency market could soar to $10 trillion by 2026 if the Republican Party secures control of both chambers of the US Congress.

09.11.2024 22:00 1 min. read Kosta Gushterov

BlackRock’s Bitcoin ETF Sets Record, Surpassing Gold Fund Holdings

BlackRock’s iShares Bitcoin Trust (IBIT) has now outpaced its long-established gold ETF, iShares Gold Trust (IAU), in total net assets.

09.11.2024 19:00 1 min. read Alexander Zdravkov

Polymarket Faces Major Outflows After US Election Bets Settle

Polymarket, a popular betting platform, has seen a significant drop in its value following the resolution of its largest-ever betting market – the US presidential election.

08.11.2024 22:00 2 min. read Kosta Gushterov

Ethereum Foundation Allocates $500 Million to Ecosystem Projects

In its 2024 annual report, the Ethereum Foundation disclosed that it allocated nearly $500 million to various ecosystem projects from 2022 to 2023.

08.11.2024 20:00 1 min. read Alexander Stefanov

SEC Faces Major Shift as Gensler’s Leadership Comes Under Fire – Will Crypto Lawsuits Be Dropped?

Former SEC official John Reed Stark has declared that the U.S. Securities and Exchange Commission (SEC) is effectively finished, suggesting that the agency will not pursue many cases in the cryptocurrency space for the foreseeable future.

08.11.2024 19:30 1 min. read Alexander Stefanov

BNB Chain Sees NFT Surge Despite Mixed Performance in Q3

In the third quarter of 2024, NFT trading volumes on the BNB Chain surged, seeing a 283% increase to an average of $600,400 per day, according to Messari’s analysis.

08.11.2024 19:00 2 min. read Alexander Stefanov

Elon Musk Made $26 Billion After Trump’s Victory – How Much Did Binance Founder Make?

The results of the 2024 U.S. presidential election, with Donald Trump’s victory, have triggered a notable surge in the wealth of some of the world’s wealthiest individuals, including Tesla’s Elon Musk and Binance founder Changpeng Zhao (CZ).

08.11.2024 17:00 1 min. read Kosta Gushterov

dApps Dominate Blockchain Revenue, Fueled by Trading Bots and DEXs

Binance Research’s latest report highlights that decentralized applications (dApps) led the blockchain industry in revenue generation in October, earning $164 million out of the total $182 million produced by the top three blockchains: Tron, Ethereum, and Solana.

08.11.2024 16:00 1 min. read Alexander Zdravkov

Ethereum Foundation Holds $970 Million in Treasury, Focuses on Ecosystem Growth

The Ethereum Foundation (EF) sparked significant discussions across the crypto market on Friday with the release of its 2024 report, revealing a robust treasury of $970 million.

08.11.2024 15:00 2 min. read Alexander Stefanov

BRICS: Russia Won’t Fully Abandon Dollar, Putin Confirms

In recent remarks, Russian President Vladimir Putin clarified Russia’s stance on the U.S. dollar within the BRICS framework, explaining that while Russia is limiting dollar transactions, it doesn’t intend to eliminate the dollar entirely.

08.11.2024 14:30 1 min. read Kosta Gushterov

Block Inc. Shares Slide After Q3 Revenue Miss and Flat Bitcoin Earnings

Block Inc.’s stock took a hit in after-hours trading following a disappointing Q3 performance, with both total revenue and Bitcoin-related income missing market expectations.

08.11.2024 14:00 1 min. read Kosta Gushterov

Changpeng Zhao Open to Selling Binance Stake Following Offers

Binance founder Changpeng “CZ” Zhao, recently revealed in an interview with Bloomberg that he has received proposals for the sale of his controlling stake in the exchange.

08.11.2024 12:00 1 min. read Alexander Stefanov

BREAKING: Federal Reserve Announced Another Rate Cut

The Federal Reserve has decided to lower its key policy rate by a quarter percentage point following its latest policy meeting.

07.11.2024 21:00 2 min. read Alexander Stefanov

Turkish Bank Halts Crypto Services Following New Regulatory Law

In July 2024, Turkey implemented the “Law on Amendments to the Capital Markets Law,” commonly referred to as the “cryptocurrency law,” marking a significant step in the country’s efforts to regulate the digital asset sector.

08.11.2024 9:30 1 min. read Alexander Stefanov

Ex-Goldman Sachs Exec Unveils Crucial Insights on Global Macro and Crypto Trends

Raoul Pal, the former Goldman Sachs executive and founder of Real Vision, has shared his analysis of what he believes to be the three most pivotal charts for understanding both the cryptocurrency market and global macroeconomic trends.

08.11.2024 9:00 1 min. read Alexander Stefanov

Justin Sun Welcomes Trump’s Win, Envisions Pro-Crypto Shift in U.S. Policya

Following the election of Donald Trump as the 47th president of the United States, Justin Sun, founder of Tron, took to social media platform X to extend his congratulations.

08.11.2024 10:00 2 min. read Alexander Stefanov

Crypto-Backed Candidates Secure Major Wins in U.S. Senate Races

In the latest U.S. elections, several crypto-backed political action committees (PACs) focused on congressional races rather than backing presidential candidates.

07.11.2024 17:30 2 min. read Alexander Zdravkov

Coinbase CEO Optimistic About Pro-Crypto Policies Following Trump’s Victory

Following Donald Trump’s win in the 2024 U.S. presidential race, there has been a noticeable shift in optimism within the cryptocurrency sector regarding future regulations.

07.11.2024 19:00 2 min. read Kosta Gushterov

Kenya Eyes $465 Million in Crypto Tax Revenue with Ambitious 5-Year Plan

During Kenya’s Taxpayers’ Day on November 1, the government announced it had collected $77.5 million in cryptocurrency taxes over the past year.

07.11.2024 22:00 2 min. read Kosta Gushterov

Binance Targets Thailand for Major Crypto Expansion as Country Seeks Hub Status

Binance is focusing on expanding its cryptocurrency presence in Thailand, aiming to shape the future of digital assets in Asia.

07.11.2024 16:30 2 min. read Alexander Stefanov

France Eyes Possible Ban on Polymarket Over Gambling Concerns

France is considering potential restrictions on Polymarket, a platform that allows users to bet on future events using cryptocurrency, due to concerns that it may be operating as an unlicensed gambling service.

07.11.2024 15:30 1 min. read Alexander Stefanov

JPMorgan Revolutionizes FX Transactions with Blockchain Technology

JPMorgan has enhanced its blockchain platform, now rebranded as Kinexys Digital Payments, by integrating it with the bank’s foreign exchange (FX) services.

07.11.2024 15:00 1 min. read Kosta Gushterov

SEC Moves for Judgment Against Kraken as Industry Pushes for Crypto Reform

The U.S. Securities and Exchange Commission (SEC) recently filed a motion for judgment against Kraken, targeting specific defenses the crypto exchange has raised.

07.11.2024 12:00 2 min. read Alexander Zdravkov

Avalanche Buys Back $52M in AVAX, Ends Ties with Terra

The Avalanche Foundation has reportedly reclaimed $52 million in AVAX tokens from the now-bankrupt Luna Foundation Guard (LFG), effectively ending its ties with Terra’s failed blockchain network.

07.11.2024 11:00 1 min. read Kosta Gushterov

Zodia Custody Seeks $50M to Expand Global Crypto Services and Partnerships

Zodia Custody Ltd., a crypto custody firm majority-owned by Standard Chartered, is reportedly aiming to raise around $50 million to fuel its expansion into new regions and broaden its offerings.

07.11.2024 10:30 1 min. read Kosta Gushterov

Trump’s Crypto Agenda: Global Leadership, Bitcoin Reserve, and Major Policy Shifts

Donald Trump, newly re-elected as the first U.S. President to serve non-consecutive terms, has quickly sparked debate with his ambitious plans for the cryptocurrency sector.

07.11.2024 10:00 2 min. read Alexander Stefanov

WazirX Introduces Recovery Token to Settle $230M Debt After Major Hack

WazirX, the cryptocurrency exchange recently targeted by a major hack, is rolling out a new “Recovery Token” to settle its outstanding debts with creditors.

07.11.2024 9:30 2 min. read Kosta Gushterov

Crypto.com Plans Major Expansion in 2025 with Stablecoin and ETFs

Crypto.com has outlined ambitious plans for 2025, aiming to expand its crypto offerings and integrate traditional financial products.

07.11.2024 9:00 2 min. read Alexander Zdravkov

Here’s the Most Likely Choice to Drive Crypto Regulation Change at the SEC

Mike Novogratz, the CEO of Galaxy Digital, has publicly endorsed Hester Peirce as an ideal candidate for the next U.S. SEC Chair, highlighting her ongoing advocacy for clearer, more crypto-friendly regulations.

07.11.2024 8:30 1 min. read Alexander Stefanov

Trump’s Presidency: How It Could Impact the Dollar, Stocks, and Global Markets

As Donald Trump is projected to win the U.S. presidency, financial markets are bracing for significant shifts.

06.11.2024 19:00 2 min. read Alexander Zdravkov

South Korea to Launch CBDC Pilot for Education and Welfare Vouchers

South Korea is moving forward with a pilot program for its central bank digital currency (CBDC), aiming to use digital currency for education and welfare vouchers.

06.11.2024 20:30 2 min. read Alexander Zdravkov

BNB Chain Unveils Tokenization Platform to Help Small Businesses Enter Web3

BNB Chain, the blockchain ecosystem associated with Binance, has rolled out a new platform aimed at simplifying the tokenization of real-world assets (RWAs) and private company shares.

06.11.2024 18:30 2 min. read Kosta Gushterov

Cyprus Extends Suspension of FTX’s European Operations Until 2025

Cyprus has extended its suspension of FTX’s European operations for another six months, effectively halting the exchange from offering services or accepting new clients until May 30, 2025.

06.11.2024 16:30 1 min. read Kosta Gushterov

OpenSea Set to Revamp NFT Marketplace with Major Update

OpenSea is set to launch a major overhaul of its platform in December, aiming to revitalize the NFT marketplace amid ongoing challenges in the sector.

06.11.2024 14:30 2 min. read Alexander Zdravkov

Nvidia Surpasses Apple and Microsoft to Become World’s Most Valuable Company

Nvidia has regained its position as the world’s most valuable company after a nearly 3% surge in its stock price on October 5, overtaking Apple and Microsoft.

06.11.2024 13:30 1 min. read Kosta Gushterov

Hamster Kombat’s User Base Plummets by 86% Amid Declining Popularity

Hamster Kombat, once a popular game on Telegram, has seen a huge drop in players. In August, it had 300 million users, but now only 41 million people play the game, a decrease of 86%.

06.11.2024 13:00 1 min. read Alexander Stefanov

Elizabeth Warren Clinches Massachusetts Senate Seat, Extending Anti-Crypto Influence

Democrat Elizabeth Warren has decisively won re-election to the Massachusetts Senate seat, securing 74% of the vote, with over 145,000 votes counted so far.

06.11.2024 12:00 1 min. read Alexander Stefanov

Crypto Trader Wins Nearly $50 Million After Trump Takes the Election

A major bettor won $48.35 million after Trump officially emerges victorious the U.S. presidential election, according to insights from Arkham, a crypto analytics platform.

06.11.2024 10:41 1 min. read Alexander Stefanov

Donald Trump Gave His First Speech After Winning the Presidential Election

After Donald Trump’s victory in the 2024 presidential race in the U.S., he appeared infront of his supporters in West Palm Beach, Florida, to thank everybody.

06.11.2024 9:53 2 min. read Kosta Gushterov

BREAKING: Donald Trump is the New President of the United States

2024’s presidential election has come to an end as Donald Trump has been chosen by the american people to step in as the new president of the United States.

06.11.2024 8:28 2 min. read Alexander Stefanov

Who Might Replace Gary Gensler as SEC Chairman?

As the U.S. presidential election draws closer, speculation intensifies over potential successors for SEC Chair Gary Gensler, who has faced criticism for his strict regulatory stance, especially toward the crypto market.

06.11.2024 9:00 2 min. read Kosta Gushterov

Swift, UBS, and Chainlink Team Up to Revolutionize Tokenized Fund Settlements

In a significant move under Singapore’s Monetary Authority (MAS) Project Guardian, Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for tokenized fund settlement.

05.11.2024 21:30 1 min. read Alexander Stefanov

BlackRock Debuts BUIDL Tokenized Fund on Avalanche

Securitize, in collaboration with BlackRock, is launching its BUIDL tokenized fund on the Avalanche network, with the contract already deployed and funded, signaling a concrete initiative.

05.11.2024 21:00 1 min. read Alexander Zdravkov

Dollar Weakens as Kamala Harris Gains Traction in Final Election Countdown

On Monday, the US dollar weakened by 0.3% against major currencies, while Treasury yields rose as investors adjusted their expectations for the presidential election, particularly regarding Donald Trump.

05.11.2024 16:30 1 min. read Alexander Stefanov

Crypto Donations Surge to $238 Million in 2024 Elections, Influencing Political Landscape

The 2024 US elections are reshaping the cryptocurrency landscape, with crypto donations exceeding $238 million, outpacing contributions from traditional industries like oil and pharmaceuticals.

05.11.2024 17:00 1 min. read Alexander Stefanov

Crypto Betting Booms Ahead of U.S. Presidential Election

Ahead of the U.S. presidential election on Nov. 5, Polymarket has seen a major spike in activity, with its prediction market volume climbing to an impressive $3.2 billion.

05.11.2024 15:30 2 min. read Kosta Gushterov

Global Dollar Network Launched to Drive U.S. Stablecoin Adoption in Web3

Robinhood, Kraken, Galaxy Digital, among others, have launched the Global Dollar Network – a collaborative effort to enhance the role of the U.S. dollar in digital finance through stablecoin adoption.

05.11.2024 12:00 1 min. read Kosta Gushterov

XRP Ledger Transforms Governance with New DAO

The XRP Ledger (XRPL) is set to undergo a significant governance transformation with the confirmation of a Decentralized Autonomous Organization (DAO).

05.11.2024 10:30 1 min. read Alexander Stefanov

Kraken Launches Regulated Crypto Brokerage for Australian Institutional Investors

Kraken has launched a regulated brokerage service for Australia, targeting institutional and high-net-worth clients with a focus on crypto derivatives.

05.11.2024 8:30 1 min. read Kosta Gushterov

How Will the Upcoming U.S. Elections Impact Bitcoin and Financial Markets?

Jason Pizzino, a cryptocurrency analyst, recently shared his insights on X regarding how the upcoming U.S. elections might impact financial markets, including Bitcoin.

04.11.2024 17:30 2 min. read Alexander Stefanov

Coinbase Executives Plan to Sell Over $900 Million in Shares

Executives and directors at Coinbase Global are set to implement trading plans that involve selling over $900 million in company shares.

04.11.2024 16:30 2 min. read Alexander Zdravkov

Wife of 3AC Co-Founder Sells Luxury Singapore Mansion Amid Asset Freeze

A recent report has disclosed that the wife of Zhu Su, a co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has sold a luxury mansion in Singapore for an impressive $38.5 million, despite a court order freezing their assets following the firm’s bankruptcy.

04.11.2024 21:00 2 min. read Alexander Zdravkov