Day: November 6, 2024

Not Dogecoin, This Altcoin Is the Best Under Trump: Crypto CEO

boss

Este artículo también está disponible en español. Andrew Kang, founder and CEO of Mechanism Capital, has shifted his bullish outlook from Dogecoin (DOGE) to First Neiro On Ethereum (NEIRO) following Donald Trump’s landslide victory in the US presidential election. In a series of posts on X on Wednesday, November 6, Kang asserted that NEIRO is poised for exponential growth in the coming months. Better Than Dogecoin? “With a Trump win, NEIRO as the natural successor to Doge is on a path to billions over the next few months,” Kang wrote.…

Solama: The Best Online Crypto Casino of 2025 Has Arrived – And It Stands Out

On November 1, the crypto meme community introduced an innovative online casino, Solama’s Casino. But this isn’t just another addition to the crypto gambling world—it’s a new paradigm where 100% of the casino’s net profits are reinvested back into the Solama token project. Every dollar earned benefits $Solama token holders directly, making it the first […] Source CryptoX Portal

Bitcoin (BTC) Price Hits $76K as Crypto Liquidations Soar, Coinbase (COIN) Rockets 30% Higher on Trump Sweep

boss

“It’s hard to think how the election outcome could have landed better for the industry, and expectations of key regulatory improvements are likely to build in the coming months and quarters,” David Lawant, head of research at crypto prime brokerage FalconX, said in a Wednesday report. “Such clarity could open room for additional crypto ETF products, covering the main crypto assets and potentially also a broader crypto index, and give entrepreneurs and investors more comfort in U.S. token launches.” However, Lawant warned of short-term risks in the meanwhile, which may…

Solana Overtakes BNB To Claim Coveted 4th Spot In Crypto Ranks

boss

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

How Quinn Thompson of Lekker Capital Nailed the Trump Trade

The result? It has been Lekker’s most successful trade since the fund was launched six months ago, Thompson told CoinDesk. He declined to give exact numbers. SOL has surged 13% in the last 24 hours and isn’t far from multi-year highs. AI-related bitcoin miners such as Core Scientific (CORZ), Hut 8 (HUT) and HIVE (HIVE) are up roughly 10% Wednesday, while BTC is soaring 8.7% and hit a new all-time high of $75,600. Source

U.S. is ‘going to build’ a strategic BTC reserve

Senator Cynthia Lummis reaffirmed plans to create a strategic Bitcoin Reserve in the U.S. just hours after Donald Trump won the presidential election. Congressional progress on a national strategic Bitcoin (BTC) reserve could accelerate as The Associated Press, Fox News, and NBC declared Republican candidate Donald Trump the winner of the presidential race. Lummis’ Nov. 6 tweet reminded the public of plans to position America’s $12 billion Bitcoin stockpile as a reserve asset and potential solution to the nation’s rising debt crisis. WE ARE GOING TO BUILD A STRATEGIC BITCOIN…

Shiba Inu Burn Rate Ignites 3,674% On Election Day, Will SHIB Move With Dogecoin Price To New ATH?

Este artículo también está disponible en español. Shiba Inu (SHIB) recently witnessed a significant increase in its burn rate, surging 3,674% on U.S. presidential election day. Interestingly, this spike has come amid reignited interest in the SHIB price. This surge in activity cuts across the wider industry as traders look to capitalize on the election dynamics.  Aside from Shiba Inu, Dogecoin has also witnessed a surge in trading activity and volume, and it is left to wonder if SHIB will rally alongside the Dogecoin price and reach new all-time highs.…

Bitcoin, crypto stocks surge as Harris congratulates Trump

boss

Crypto stocks surged sharply on Nov. 6 as Donald Trump’s victory for a second term as U.S. president bolstered the market’s bullish outlook. While cryptocurrencies have ripped in the lead up to the election as betting odds showed Trump was headed for victory, things got juicy on Election Day. Bitcoin (BTC) shot to above $75,000 before taking a breather. The Trump trade, which relates to conviction that markets would rip if the Republican candidate won, engulfed not just the top coin, but also altcoins. Ethereum (ETH) has jumped above $2,700,…

Trump victory creates over 11k new Bitcoin millionaires

boss

Donald Trump’s 2024 election victory has created over 11,000 new Bitcoin millionaires. According to data from Finbold, the number of Bitcoin wallets valued at $1 million or more rose to 132,842 on November 6, as Bitcoin prices increased by 7.8% in just 24 hours. Last month, there were 121,061 Bitcoin addresses worth over $1 million. This figure has now grown by 11,487 wallets, indicating significant wealth gains among Bitcoin holders, per Finbold. Let’s be absolutely clear, the anti-Bitcoin movement died last night. The USA will be the most pro-Bitcoin nation…