Tag: Cryptoslate

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2 crypto short traders hit by $100 million loss as Bitcoin reached historic $75K high

Bitcoin’s surge to a record-breaking $75,000 has led to staggering losses for two unidentified traders on Binance who had bet against its price rising According to Coinglass data, these

220 pro-crypto candidates elected in US while Elizabeth Warren keeps seat amid $75k Bitcoin

Crypto-friendly politicians are making significant gains in the ongoing US elections, with early results indicating strong support for candidates who advocate for digital assets In the House of

Bitcoin hits new all-time high as Trump’s Polymarket odds hit 97%

Bitcoin reached a new all-time high today, hitting $74,87020, as Donald Trump’s odds of winning the US presidential election surged to 97% on the prediction market Bitcoin is currently trading

Crypto venture funding hits $860 million in October, highest in over 6 months

Venture capital (VC) funds invested $860 million in crypto startups last month, a 30% leap from the amount registered in September and the highest since April’s $954 million earlier in the

Ethereum Foundation’s Josh Stark highlights ETH’s ‘hardness’ as it hits 3-year low against Bitcoin

Ethereum Foundation contributor Josh Stark highlighted Ethereum’s (ETH) “hardness” as its defining quality in the digital economy, emphasizing its ability to provide unmatched

Election day frenzy drives Polymarket open interest to record levels

Polymarket soared to unprecedented highs on Election Day, with open interest reaching $463 million as users flocked to bet on the high-stakes race between former President Donald Trump and Vice

Altcoins face uncertain future amid US election outcome, Bitcoin unshaken

As the US presidential election approaches its conclusion, altcoins have become a focal point for traders, who anticipate a significant market impact based on the outcome, according to a Bloomberg

Bitcoin primed for post-election rally despite US investor caution – CryptoQuant

Bitcoin’s current valuation aligns closely with its price levels before the past two US elections, suggesting that the crypto could be primed for growth if a favorable post-election catalyst

Binance challenges SEC lawsuit crypto classification in court motion

Binance and its founder, Changpeng Zhao, have filed a motion to dismiss the US Securities and Exchange Commission’s (SEC) amended complaint In a Nov 4 court filing, Binance and Zhao’s

Swift’s tokenized fund settlement pilot with UBS and Chainlink deemed a success

Swift, the global bank messaging network, announced on Nov 5 that it has concluded a pilot program to streamline tokenized fund settlement and redemption using fiat currency on its network in

These are the most important crypto races in the US Election today outside of the Presidency

Outside of today’s Presidential Election, the crypto industry is significantly impacting the 2024 US Senate races by channeling substantial financial support to pro-cryptocurrency candidates,

Paxos launches USDG global dollar network with partners including Robinhood, Kraken

Paxos has joined forces with major industry players to launch the Global Dollar Network, a strategic initiative aimed at accelerating stablecoin adoption worldwide The partnership, announced on NovÂ