US Ether ETFs Experience Record Inflows, Signaling Strong Market Confidence
The U.S. spot Ether exchange-traded funds (ETFs) have marked a significant milestone, registering the largest single-day inflow since their inception, as investor enthusiasm surges following Donald Trump’s election victory. On…
Tether Introduces Open-Source Wallet Kit Compatible with AI
Tether, the leading issuer of the world’s largest stablecoin, unveiled a significant innovation on November 11—a Wallet Development Kit (WDK) that is open-source and designed for integration across a diverse…
PayPal USD Implements LayerZero to Facilitate Cross-Chain Transfers Between Ethereum and Solana
PayPal‘s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), has made a significant leap in blockchain interoperability by integrating with the cross-blockchain bridging protocol LayerZero. Announced on November 12, this integration marks…
Crypto Adoption Higher Among Underbanked in U.S., According to FDIC
In 2023, cryptocurrency usage was more prevalent in “underbanked” households in the United States than those fully integrated into the banking system, according to a report released by the Federal…
Trump to Nominate South Dakota Governor Kristi Noem as Homeland Security Secretary
Donald Trump, following his presidential election victory, plans to nominate Governor Kristi Noem of South Dakota as the Secretary of the Department of Homeland Security, according to insiders. This decision…
Other Factors Beyond Trump’s Win Propel Bitcoin’s Surge, Analysts Say
While Donald Trump‘s presidential election victory in the United States has certainly played a role in Bitcoin’s recent price surge, experts argue that this is not the primary driver. Jesse…
Crypto Market Cap Reaches $3.1 Trillion, Poised to Outpace France’s GDP
On November 11, the total capitalization of the cryptocurrency market reached an unprecedented high of $3.12 trillion, nearing the size of France’s gross domestic product (GDP). This surge represents a…
Nano Labs, a Nasdaq-listed Chinese Crypto Mining-Chip Designer, Announces Bitcoin Payment Acceptance
On November 11, Nano Labs, a crypto mining-chip designer based in Hangzhou and listed on Nasdaq, announced it will begin accepting Bitcoin as a form of payment. This decision is…
FTX Bankruptcy: Two Years Later and Current Developments
On November 11, 2022, Sam Bankman-Fried stepped down as CEO of FTX, handing the reins to John Ray who immediately filed for Chapter 11 bankruptcy protection for the company in…
Republicans Secure Congressional Majority as Trump Prepares for Second Term
The Republican Party is on track to maintain control of the United States House of Representatives, solidifying its grip on the federal government following significant wins in the Senate and…
Coinbase Share Price Reaches $300 for First Time Since 2021
On November 11, shares of Coinbase Inc. (COIN) surged over 20%, crossing the $300 mark for the first time since 2021. This significant rise in share price is part of…
Post-Election Surge Drives $1.98 Billion into Crypto Investment Products
Last week, the cryptocurrency market witnessed a substantial inflow of investments, influenced by the post-election momentum. From November 3 to November 9, crypto investment products attracted $1.98 billion, pushing global…
Most Memecoins Surge After Binance Listing in 2024
In 2024, the cryptocurrency exchange Binance witnessed a substantial appreciation in the value of most memecoins listed on its platform. Onchain analyst Ai_9684xtpa reported on X that out of 15…
Rep. Mike Waltz Named Trump’s National Security Adviser
President-elect Donald Trump has appointed Rep. Mike Waltz of Florida as his national security adviser, a choice confirmed by four sources close to the administration. Rep. Waltz, a decorated Green…
Bitcoin Market Capitalization Reaches $1.6 Trillion
As of November 11, Bitcoin’s total market capitalization has soared to an unprecedented $1.62 trillion, marking a significant milestone since its inception in 2009. This record high has been supported…
FTX Bankruptcy Estate Sues Binance and Changpeng Zhao for $1.8 Billion
The FTX bankruptcy estate is actively pursuing legal actions as part of its ongoing bankruptcy proceedings, which now include a significant lawsuit against the cryptocurrency exchange Binance and its former…
Coinbase Introduces ‘Stand With Crypto’ Advocacy Group in Australia
The Coinbase-backed advocacy group, Stand With Crypto, has launched its Australian branch as part of a strategic push to foster a regulatory environment favorable to cryptocurrency in the country. This…
Crypto Greed Index Reaches Seven-Month Peak as Bitcoin Climbs Above $81,000
On November 10, the Crypto Fear & Greed Index, a barometer for sentiment in the Bitcoin and broader cryptocurrency markets, soared to its highest level in nearly seven months, hitting…
Ethereum Reaches $3,200, Exceeding Bank of America in Market Capitalization
On November 10, Ethereum reached a milestone, with its price hitting $3,200, marking its highest value since August. This surge comes as Bitcoin also climbs, surpassing $79,000 following Donald Trump’s…
Tom Homan Named as Trump’s Border Czar for Upcoming Administration
Donald Trump, following his recent presidential election victory, declared late Sunday that Tom Homan will serve as the border czar in his administration. Homan, the former acting director of U.S.…