November 8, 2024

Ethereum Foundation Reveals $970M Treasury in 2024 Report: Here’s More To Know

Non-profit organization Ethereum Foundation sparked a tidal wave of discussions across the broader crypto market on Friday as it revealed its 2024 report, boasting a treasury of $970 million. Notably, Aya Miyaguchi, the firm’s ED, spotlighted key details such as the current EF teams, EF grantees, and ongoing efforts to enhance the Ethereum ecosystem, underscoring the firm’s advancements. In turn, this report promptly caught the eyes of market participants globally,

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November 8, 2024

Trader Michaël van de Poppe Says Ethereum Flashing Massive Bullish Signal, Updates Outlook on Bitcoin and Sei

A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart. A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower

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November 8, 2024

Shiba Inu Price 2.5X Breakout Could Unlock $3.45B in Profits

Shiba Inu price is on the verge of breaking above a key bullish reversal pattern after the market momentum increased due to Bitcoin rallying to a new all-time high. If this breakout happens, SHIB investors currently at and outside the money could be looking at $3.45 billion in profits. Will the price of SHIB rise by 150% and rescue this liquidity that is currently dead in the water? SHIB price

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November 8, 2024

BTC.com Reshapes To Open-Source Computing Power Platform

Singapore, Singapore BTC.com officially announced the completion of its upgrade and the launch of an open-source computing power platform. The platform continues to embody the community spirit and adopts the motto, “Embrace open source, gather computing power, create the future together,” to support developers and computing power providers in jointly promoting the development of a decentralized ecosystem. The platform will serve as a bridge for computing power suppliers, enabling them

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November 8, 2024

Hyperbridge Launches Its Mainnet on Polkadot, Unlocking Secure, Scalable Cross-Chain Communication

November 7, 2024 – Zurich, Switzerland 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 $2.5 million seed funding led by the Web3 Foundation and Scytale Digital, Hyperbridge now brings its groundbreaking technology to users, delivering secure, scalable and verifiable cross-chain solutions across multiple blockchains. Hyperbridge launches

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November 8, 2024

Binance Adds XRP and DOGE to Smart Arbitrage Offerings, Price Rally Is Here

The world’s largest crypto exchange Binance on Friday said it has added XRP and Dogecoin (DOGE) to smart arbitrage offerings. Binance Earn’s addition of XRP and DOGE sparked huge speculation for an imminent price rally. The crypto exchange has also announced a special campaign with rewards totaling 45,000 USDT to celebrate the listings. Binance Lists XRP and Dogecoin to Smart Arbitrage XRP and Dogecoin (DOGE) were added to the Smart

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November 8, 2024

upbeat near $76k on Fed rate cut cheer, Trump victory By Investing.com

Investing.com– Bitcoin rose on Friday and remained close to record highs hit this week as a Donald Trump victory in the 2024 presidential election and an interest rate cut by the Federal Reserve kept crypto markets upbeat.  The world’s largest cryptocurrency rallied to record highs this week amid optimism over friendlier U.S. regulations during a second Trump presidency.  The Fed’s interest rate cut on Thursday added to this rally, as

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November 8, 2024

French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report

As Polymarket bettors worldwide rake in their wins following President Donald Trump’s re-election victory over Vice President Kamala Harris, France’s top gambling regulator is announcing a probe into the popular betting platform. According to a new Reuters report, the French gambling regulatory authority, the Autorité Nationale des Jeux (ANJ), is turning its focus to Polymarkets following the platform’s surge in popularity. Said ANJ spokesperson Elsa Trochet-Mace said in an emailed

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November 8, 2024

BlackRock Bitcoin ETF Sees Largest Inflow At $1 Billion Soon After Fed Rate Cut

The BlackRock Bitcoin ETF (IBIT) has been smashing new records every single day while seeing its largest daily inflows at over $1 billion on Thursday. As a result, the total inflows for IBIT have now surged past $27 billion since its inception in January, making it one of the best ETF launches in 2024. The Federal Reserve rate cut decision has proved to be an additional catalyst behind these strong

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