Cryptocurrency

Bitcoin’s rally shows no signs of slowing as it edges toward $90,000 in what is shaping up to be its best weekly run since the United States banking crisis in 2023. The Bitcoin (BTC) price surpassed the $85,000 record high on Nov. 11, but just as a temporary pit stop. The world’s first cryptocurrency is […]

An Ethereum researcher’s social media post sparked speculation about a potential solution for the layer-1 blockchain’s scalability challenges. On Nov. 11, Ethereum researcher Justin Drake posted on X that he would announce an “ambitious” initiative for Ethereum. Drake said he had contemplated a “from-scratch” redesign of the Ethereum consensus layer, which some interpreted as a

The United States spot Ether exchange-traded funds (ETFs) recorded their biggest day of inflows in history, as the crypto market continues to rally after Trump’s election victory.  The ETFs, which launched in July, recorded $294.9 million in inflows on Nov. 11 — smashing the previous record of $106.6 million on launch day.  The Fidelity Ethereum

The Republicans are projected to keep the United States House, giving the party total control of the government after taking a majority in the Senate along with Donald Trump’s election win. Decision Desk HQ called the race for the House at 12:13 am UTC on Nov. 12, projecting the GOP would win the 218 seats needed

Crypto market capitalization has reached a new all-time high of $3.12 trillion — and is now close to surpassing France’s gross domestic product (GDP).  On Nov. 11, total crypto market capitalization soared 7% over 24 hours, due mainly to a sudden surge in Bitcoin, which rallied to $89,500.  If the crypto market were a country,

Shares in China-based crypto mining chip designer Nano Labs rose slightly after announced it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase. In a Nov. 11 statement, the Huangzhou-based crypto mining chip maker, which is listed on the Nasdaq, said the move was part of a

Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume. The record day far surpassed the previous high of around $25 million set in March amid Bitcoin (BTC) breaking through

On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed for Chapter 11 bankruptcy protection in the United States. The day marked the beginning of the end of what was once one of the world’s most prominent and influential cryptocurrency exchanges.  US authorities charged Bankman-Fried

FTX, FTX Digital Markets and former Alameda Research co-CEO Sam Trabucco have reached a settlement agreement in the United States Bankruptcy Court for the District of Delaware. Trabucco has maintained a low profile since leaving FTX just months before its collapse. Agreeing to save time and money In a motion that will be heard on

Today in crypto, Bitcoin price crosses $85,000 boosted by investors’ sentiment, FTX bankruptcy estate filed a $1.8 billion lawsuit against Binance and CryptoQuant boss Ki Young Ju thinks Bitcoin could end 2024 under $59,000 despite it hitting new highs. Bitcoin hits new $85K high, with just 17% left for BTC $100K record Bitcoin recently surged