Bitcoin Open Interest Soars As Top Crypto Breaks $76,000 – Details
Bitcoin has achieved new highs, surpassing $76,000 for the first time in history. This spike follows Donald Trump’s victory in the US presidential election, which many investors believe will create a more favorable atmosphere for cryptocurrencies. Bitcoin’s price reached $76,152 on TradingView, translating to a 2% increase in the last 24 hours, and a 10%…
SEC Shake-Up: Robinhood Legal Boss On Shortlist For Top Spot—Report
A major revamp is coming to the SEC. For many reasons, this year’s US presidential elections have become the most consequential for cryptocurrency. Crypto and blockchain technology has become an election issue, with both the Republican and Democratic candidates teasing the electorate with their plans on how to handle crypto. Between the two, incoming President…
Ethereum L2 Project Spark Launches On-Chain Order Book On Fuel Network To Enhance Trading
Spark, a decentralized trading protocol, announced the first fully on-chain order book for the Ethereum ecosystem. Launching on Fuel Network, the project aims to provide solutions for some of the limitations in the Decentralized Finance (DeFi) landscape and offer traders fast, secure, and transparent trading with minimized state and reduced storage. Spark Brings First On-Chain…
Shiba Inu Hits Monthly Peak — Is Another Record-Breaking Rally Coming?
Recently, Shiba Inu (SHIB) has exhibited promising momentum, thereby attracting the attention of both investors and traders. After achieving a significant 30-day high, SHIB has embarked on an upward trajectory, leading many to speculate about its potential to attain new heights—perhaps even its all-time high (ATH). With increasing buying volume, confidence in SHIB’s future is…
Solana (SOL) Looks ‘More Bullish Than Before’ After Flipping BNB As 4th Largest Crypto
The crypto market is rallying 6.8% following the US presidential elections, which made Bitcoin soar to a new all-time high (ATH). As a result, most of the market saw a green daily close, with Solana (SOL) recording a 15.8% surge in the last 24 hours and regaining a key support level. Solana Dethrones BNB As…
Not Dogecoin But This Altcoin Is the Best Pick Post-Trump Win, Says Crypto CEO
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…
Solana Rockets Past BNB To Claim Coveted 4th Spot In Crypto Ranks
Among the largest cryptocurrencies by market capitalization, Solana (SOL) has surpassed Binance Coin (BNB) to secure the fourth position. SOL has recently experienced a 14% increase, which has enabled it to surpass BNB. This represents an emerging market momentum of Solana. According to Coingecko, the market capitalization of Solana has reached over $87 billion in…
Solana User Base Skyrockets To Over 123 Million, Riding The Memecoin Wave
In October, the Solana blockchain registered 123 million active addresses. It has grown 42% since September and has risen dramatically from 12.7 million addresses at the start of the year. Latest data shows Solana’s steady rise in the crypto sector. The latest growth is due, in part, to memecoins, which have increased trade and user…
Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival
Bitcoin mining is now a highly competitive industry that’s not just expensive but technology-intensive as well. Individuals interested in joining the growing mining industry must invest in a specialized computer system, steady internet, reliable energy supply, and a good amount of skill to manage the process. As such, miners often turn to credit facilities to…
GRASS Token Fails To Break $2 Level – Is It Time To Buy?
GRASS token, one of the latest DePIN projects, attracts significant attention from analysts and the investing public. As a Layer-2 platform on the Solana blockchain, the Grass platform allows users to share unused internet bandwidth to train AI models using a browser extension. With its promising technology, it’s no surprise that its token launch and…