Coinbase CEO Brian Armstrong calls Trump’s win a victory for crypto and economic freedom

[ad_1] Key Takeaways Coinbase CEO Brian Armstrong sees Trump’s win as a significant boost for crypto and economic freedom. 257 pro-crypto candidates were elected to the House of Representatives in the recent... Read more »

Robinhood and Kraken launch new global stablecoin network with Paxos’s USDG

[ad_1] Key Takeaways The Global Dollar Network promotes stablecoin adoption using Paxos’s USDG. Robinhood, Kraken, and other major players collaborate on cross-border stablecoin solutions. Share this article Leading fintech and digital asset... Read more »

ETH/BTC hits lowest point in over 3 years, sliding to 0.03508

[ad_1] Key Takeaways ETH/BTC trading pair has reached its lowest level in over three years, falling to 0.03508. Historical patterns suggest that Ethereum may experience further declines against Bitcoin. Share this article... Read more »

Bitcoin ETFs bleed $541 million, second-largest single-day outflow since launch

[ad_1] Key Takeaways US spot Bitcoin ETFs saw one of their largest single-day outflows on November 4. Bitcoin’s price fell below $70,000 coinciding with massive ETF outflows. Share this article US spot... Read more »

Arthur Hayes says Solana is a high-beta Bitcoin amid US elections

[ad_1] Key Takeaways Hayes suggests Solana could be a strong play amid election volatility, potentially outperforming Bitcoin in bullish trends. The Federal Reserve’s monetary policy is expected to have a more significant... Read more »

Florida holds ‘$800 million in crypto-related investments,’ says state CFO

[ad_1] Key Takeaways Florida holds $800 million in crypto investments according to Florida’s CFO. Bitcoin may become an investment option for Florida’s state pension funds. Share this article Jimmy Patronis, Florida’s CFO,... Read more »

Altcoin Season unlikely before 2025, says crypto analyst Benjamin Cowen

[ad_1] Key Takeaways Bitcoin’s market dominance has reached 60%, suggesting altcoins may not rally until 2025. Altcoin rallies historically follow strong Bitcoin rallies, but a parabolic Bitcoin run is needed for this.... Read more »

Russia to ban Bitcoin mining in select regions due to power shortages

[ad_1] Key Takeaways Russia will enforce crypto mining bans in energy-deficient regions. The government aims to address power shortages caused by high electricity consumption. Share this article Russia is considering banning Bitcoin... Read more »

US Treasury see stablecoins driving ‘structural demand’ for T-bills

[ad_1] Key Takeaways Stablecoin collateral now accounts for around $120 billion in US Treasury holdings. Potential risks remain due to the stablecoin sector’s dependency on T-bills. Share this article The US Treasury,... Read more »

Robinhood debuts presidential election betting, stock climbs 4%

[ad_1] Key Takeaways Robinhood’s stock increased by 4% following the announcement of its election trading feature. The political prediction market’s volume surged 565% in Q3. Share this article Robinhood Markets (HOOD) saw... Read more »