Major Victory for Donald Trump, Bitcoin Explodes to ATH, Altcoin Season Heats Up: This Week’s Market Update
The first week of November 2024 will surely go down in crypto history. Up until this point, we saw multiple institutions, asset managers, and even smaller countries endorse Bitcoin. We have the likes of BlackRock, Fidelity, VanEck, multiple billionaires, celebrities,…
Bitcoin Price at All-Time High as Fed Cuts Interest Rates by 25 Basis Points
In the first FOMC meeting after the November US presidential elections, the nation’s central bank cut the interest rates by 25 basis points, which was what the market and experts anticipated. Bitcoin’s price, which is typically very susceptible to US-related…
Hyperbridge Launches its Mainnet on Polkadot, Unlocking Secure, Scalable Cross-Chain Communication
[PRESS RELEASE – Zurich, Switzerland, November 7th, 2024] Hyperbridge Launches on Polkadot with Support for Ethereum, Optimism, BNB Chain, and More Hyperbridge, the highly anticipated blockchain interoperability protocol, has officially launched, unlocking new possibilities for seamless cross-chain communication. Following its…
These Altcoins Explode by Over 70% Following Listings on Binance: Details
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…
Bitcoin Whales Withdraw $132M from Binance Following Trump’s Victory
Donald Trump has won the US presidency, achieving a decisive victory in swing states and surpassing the 270 electoral votes needed. Despite a heated campaign marked by two assassination attempts, Trump will become the second Republican in 20 years to…
Odds of Donald Trump Winning Explode on Polymarket
The race for the US Presidency is on, and votes are starting to be counted. While the official results are still not reported, things are getting heated up at the most popular crypto prediction market – Polymarket. Source: Polymarket The…
SynFutures Introduces the First ‘Perp Launchpad’ with $1M Grant to Support Emerging Token Projects
[PRESS RELEASE – Hong Kong, Hong Kong, November 5th, 2024] The new product enables anyone to launch perpetual futures markets for any asset, fostering innovation in the DeFi space amid the rise of memecoins and long-tail assets. SynFutures, a leading…
This Meme Coin Pumps 15% Following Support From Binance: Details
TL;DR Binance’s support for certain tokens drives price surges, as seen with recent additions. Delistings from the platform often lead to significant drops for affected tokens. The Binance Effect Most leading cryptocurrencies have recorded little to no price volatility in…
DeepLink Protocol to Launch Orion GPU Race
The DeepLink Protocol is set to launch the Orion GPU Race, offering miners an exceptional opportunity to participate in DeepLink’s network testing, with generous rewards of 3 billion DLC tokens (equivalent to $9 million). This incentive program not only aims…
These Altcoins Dump the Most as Bitcoin (BTC) Dropped Below $68K (Weekend Watch)
This weekend is somewhat different than the status quo, as BTC has experienced a lot more volatility, mainly heading south. The altcoins have suffered even more, with the likes of DOGE, APT, WIF, and many others dropping by well over…