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Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going

Cardano’s ADA, Polygon’s POL advanced 15% as the broad-market CoinDesk 20 Index outperformed BTC.

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Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.

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Ethereum Foundation’s Treasury Shrunk 39% Over 2 1/2 Years to $970M

The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.

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Layer 1 Flare and Red Date Technology Set to Trial Stablecoin Buying for Chinese Nationals in Hong Kong

The Hong Kong-based trials will allow for registration on a regulated stablecoin app and the purchase of tokenized financial products.

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First Mover Americas: BTC in Price Discovery Mode Following Record High

The latest price moves in crypto markets in context for Nov. 8, 2024.

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D.O.G.E Memecoin Rockets 100% as Traders Savor Elon Musk’s Strong Ties to President-Elect Trump

The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.

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Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut

Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.

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Is $90K Bitcoin’s Next Big Test? Trendline Analysis Reveals Insights Amid SOL/BTC Breakout: Godbole

Trendline drawn off BTC’s April and November 2021 highs signals resistance at around $90,000.

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Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts

BlackRock’s IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product.

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CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom: Report

WonderFi CEO was forced into a vehicle but released after a ransom was paid.

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