Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours. Original
Day: November 13, 2024
U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won’t Shake Her
The Banking, Housing, and Urban Affairs Committee has been under the chairmanship of Sherrod Brown, the Ohio Democrat that the cryptocurrency industry spent tens of millions of dollars on defeating in this month’s elections. In his tenure, Brown allowed no significant legislative debate on digital assets legislation, though even as he ran the committee, Massachusetts Democrat Warren often managed to be the more prominent naysayer on crypto matters. Now that the Republicans won the Senate majority and will take the gavel, Warren confirmed she’ll step up as the ranking Democrat…
Pro-Crypto President-Elect Donald Trump Paves Way for Innovation-Driven Regulations in the U.S.
Trump 2.0 and the bipartisan, pro-crypto Congress will usher in a brave new world for the crypto industry. A regulatory environment that encourages innovation, rather than stifles it, will finally give the institutions the confidence to enter the market. And entrepreneurs, no longer shackled by the threat of regulatory sanction or personal liability, will be free to focus on building. The future could not be brighter. Source
Beating Bitcoin
With this universe in mind, we examined how many tokens in the top 150, on any given day, outperformed bitcoin over the next year. At certain points in 2019 and 2020, it seems like beating bitcoin was easy, with many tokens beating it by a wide margin (north of 1000% over bitcoin’s own generally stellar return, on average). What’s more, it used to not require too much exploration out of the scale of market cap to find the tokens beating bitcoin, with an average market cap rank of the outperformers…
Bitcoin Hits Historic $93,481 as Crypto Economy Surpasses $3 Trillion
Bitcoin (BTC) surged to an all-time high of $93,481 today, marking a milestone as the cryptocurrency market surpassed a $3 trillion valuation. Record-Breaking Bitcoin Price Sparks $3 Trillion Milestone for Crypto Market The price of bitcoin (BTC) surged to a record high of $93,481 today, marking a new milestone for the cryptocurrency. This recent increase […] Original
Crypto Whale Makes $16.8M on PNUT and FRED in a Week, is PEPU the Next Millionaire Maker?
One whale risked over $2 million on new meme coins Peanut the Squirrel ($PNUT) and First Convicted Raccoon ($FRED) last week, but it paid off in dividends. The trader has made millions in unrealized profits. But now, investors are searching for the next millionaire-making meme coin – and it might be Pepe Unchained ($PEPU). Unknown […] Source CryptoX Portal
Bitcoin (BTC) Traders Make $100K Price Bets Through CME Options: CF Benchmarks
“Traders appear to be snapping up bitcoin call options at the $100k strike price. Per CF Benchmarks’ data, the 30-day constant maturity 25 delta skew has now breached the 5 vol threshold, a near YTD high, which implies that there is much greater demand for upside exposure,” Thomas Erdösi, head of product at CF Benchmarks, told CoinDesk in an email. Source
Profiting in A New Altcoin World
As the saying goes, “there’s a million ways to make a million dollars.” In altcoin trading, there are dozens or maybe hundreds of ways to approach the markets to make juicy returns. You can be a scalper, swing trader, yield farmer, airdrop hunter, new-launch sniper; the list goes on. Each of these approaches is getting tougher, though, for two overarching reasons: Source
Bonk Downward Drift To $0.00002635, Can Bulls Ignite A Trend Reversal?
Este artículo también está disponible en español. Bonk has taken a downturn, sliding toward the crucial $0.00002635 price mark as bearish forces take charge. This level could be the bulls’ last stand to regain momentum and prevent a deeper correction. With market sentiment hanging in the balance, all eyes are on whether buyers can mount a comeback at this pivotal support. A successful defense could spark a bullish reversal, bringing fresh optimism to Bonk’s price trajectory. But if the bears hold strong, the path forward may grow more challenging. This…
Bitcoin Hits New Record With $91,938 High, Market Cap Reaches $1.8 Trillion
Bitcoin’s price has once again made history reaching $91,938 on Wednesday morning. BTC Soars Above $91K in Unprecedented Rally Bitcoin (BTC) has broken through the $91,000 mark, reaching a new peak of $91,938 early Wednesday. The surge follows a day’s start at $85,847.86, marking a considerable leap in value. Bitcoin’s latest performance pushes its market […] Original