Tag: US

news-09112024-154123

Tether’s Trade Finance Division Successfully Funds First Oil Deal with USDT

Tether's trade finance division recently made headlines by successfully funding its first oil deal using USDT, the company's stablecoin. The $45 million crude oil transaction took place in the Middle East, marking a significant...
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MakerDAO Community Votes to Proceed with Sky Rebrand Despite Centralization Concerns

The MakerDAO community has made a decision to move forward with the Sky rebrand despite concerns about centralization. In a recent vote, it was revealed that 79.3% of participants supported keeping the Sky brand...
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Bitcoin Hits Record High Post-Election: Ether and Solana Surge Before FOMC

Bitcoin has reached a new all-time high, showing strong performance after Donald Trump's victory in the U.S. presidential election. The cryptocurrency is currently up 2.3% in the last 24 hours, trading at $76,600, driven...
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Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts

Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
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Coinbase Premium Soars to Seven-Month High Amid Increased US Bitcoin Demand

The surge in Coinbase premium to a seven-month high indicates a growing demand for Bitcoin in the United States after Donald Trump's election win. The Coinbase Premium Index, which measures the price difference between...
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Bitcoin ETFs See $621 Million Inflow as BlackRock Records Rare Outflow Post US Election

Bitcoin ETFs have seen a significant increase in inflows, totaling $621 million, following the recent US presidential election results. Fidelity's FBTC received a large inflow of $308.8 million, while BlackRock's IBIT experienced an outflow...
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Bitcoin Price Surges Over $75K Amid Trump’s Early Voting Domination

Bitcoin's price surged over $75,000 on various crypto exchanges in Asia as favorable election results for Republican Donald Trump began to come in. Trump's odds of winning the U.S. presidency on the Polymarket betting...
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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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Bitcoin Hits All-Time High as Trump’s Polymarket Odds Surge to 97%

Bitcoin has made headlines once again by reaching a new all-time high of $74,870.20, showcasing its continued growth and popularity in the financial market. This surge in price comes at the same time as...
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US Election Results: 220 Pro-Crypto Candidates Win, Elizabeth Warren Keeps Seat with $75k Bitcoin

In the ongoing US elections, there has been a notable increase in the number of pro-crypto candidates winning seats, signaling a potential shift in legislative attitudes towards digital asset regulation. According to Stand With...