Tag: Business

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Bitcoin Surges 10% Against Mexican Peso Amid ‘Trump Trade’ Boost; Gold Stable

Bitcoin has seen a significant surge against the Mexican Peso (MXN) due to the "Trump trade" boost. The Republican candidate, Donald Trump, has expressed his intention to impose tariffs on Mexico, leading to a...
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Record Levels of Polymarket Open Interest Surged on Election Day

Polymarket experienced a surge in open interest to a record high of $463 million on Election Day as users bet on the race between former President Donald Trump and Vice President Kamala Harris. This...
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SEC Delays Decision on Ethereum ETF Options Trading

The US Securities and Exchange Commission (SEC) has decided to postpone the approval of options trading on Ethereum (ETH) exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). This delay affects Bitwise’s ETHW,...
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Maximizing Bitcoin Mining Revenue with AI Computing Solutions – Galaxy’s Latest Strategy

The fiercely competitive bitcoin mining industry is presenting miners with a clear choice: either transition to artificial intelligence (AI) computing or face financial losses. Galaxy Digital, founded by Michael Novogratz, is the latest company...
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Solana Price Prediction: Hedge Funds & VCs Expect $600 Target

Hedge funds and venture capital firms are optimistic about Solana's future, with many expecting the cryptocurrency to reach $600 during this bull cycle. According to the "Q4 2024 Crypto Investment Manager Survey" by MV...
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Tokenization Commercialization Drive in Singapore

The Monetary Authority of Singapore (MAS) has announced plans to advance tokenization in financial services. This initiative includes forming commercial networks to deepen liquidity of tokenized assets, developing an ecosystem of market infrastructures, fostering...
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Creating an Asset Class: Simple 3-Step Guide

Andy: Kelly, the US election has concluded and Trump is headed back to the White House, bolstered by a GOP-lead Senate. Bitcoin has already posted a new all-time high, but we know there is...
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Stablecoin Market Cap Reaches All-Time High in Over 2 Years

The stablecoin market cap has reached an all-time high, surpassing the previous record set over two years ago. Tether's USDT remains the dominant force in the market, controlling over 50% of the market share...
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Crypto’s Victory in the Election: A Closer Look at the Wins

Trump has been a strong supporter of Bitcoin and cryptocurrency for some time now. He has even launched his own DeFi protocol, World Liberty Financial. The official Republican platform is also pro-crypto, and Trump...
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Altcoin Rotation Begins as Gensler’s Exit Date Approaches

Bitcoin is getting closer to reaching $100,000, but its progress has slowed down. It hit a new high of $99,500 on Thursday before dropping below $99,000 as the U.S. market opened. Bitcoin has increased...