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…
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…
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…
Ethereum Invests Nearly Half a Billion Dollars in Ecosystem Projects Over Two Years
The Ethereum Foundation‘s commitment to nurturing its ecosystem is palpable, with the foundation’s 2024 annual report highlighting the deployment of nearly $500 million towards various projects in 2022 and 2023.…
Detroit to Enable Crypto Payments for Taxes and City Fees Starting Mid-2025
In a bid to embrace digital transformation and foster a tech-friendly ecosystem, Detroit has announced that by mid-2025, its residents will be able to pay their taxes and other city…
France’s Gaming Authority Reviews Crypto Betting Platform Polymarket for Potential Ban
France’s gambling regulator, the Autorité nationale des jeux (ANJ), is scrutinizing the cryptocurrency prediction market Polymarket, which has become a focal point due to its heightened activity around the 2024…
Trump’s Reelection May Accelerate the Introduction of the First Staked Ether ETF
Donald Trump’s recent victory in the United States presidential election could herald a new era for cryptocurrency innovation, particularly for Ether, the world’s second-largest cryptocurrency. Following his win on November…
Lamborghini Partners with Animoca Brands and Transak for Revuelto NFT Launch
Automobili Lamborghini is stepping into the non-fungible token (NFT) realm through its upcoming mint of the Revuelto NFTs, scheduled for November 7. This initiative is part of Lamborghini’s Fast ForWorld…
Regulatory Concerns Surround Crypto.com in Poland
The Polish Financial Supervision Authority (KNF) has recently highlighted Foris DAX MT, the Malta-based entity operating under the well-known Crypto.com brand, for potentially engaging in unauthorized financial activities within Poland.…