Will Trump deliver on the Bitcoin Reserve, or will red tape crush the dream? Spoiler: Dreams will likely be crushed. Galaxy Digital CEO Mike Novogratz believes that the chances of a BTC Strategic Reserve are slim, thanks to a Senate gridlock. He believes that the US should flex its tech muscles and hold onto its […]

US Spot Ethereum ETFs saw a record inflow of US$295.5 million, with BlackRock’s ETHA and Fidelity’s FETH receiving the largest shares. Senior Bloomberg ETF analyst Eric Balchunas indicated that Ethereum funds are trending positively, though still trailing far behind Bitcoin ETFs. On the same day, Bitcoin ETFs also performed well, with BlackRock’s IBIT capturing three-quarters […]

Donald Trump has won the US election, securing a second term as president. The news has bolstered confidence among the crypto community, thanks to Trump’s pre-election campaign focussing on Web3 reform. In particular, analysts are bullish on a restructuring of the SEC, including the replacement of current Chair Gary Gensler. Many believe that a price […]

BlackRock’s Bitcoin ETF (IBIT) hit US$1 billion in trading volume within 20 minutes of market opening on November 6, driven by optimism around Trump’s pro-crypto stance. Other Bitcoin ETFs saw doubled average trading volumes, reflecting renewed investor interest in crypto assets, while Bitcoin reached a record high above US$75,000 amid expectations of supportive policies. Trump’s […]

VanEck has launched a Pyth Exchange Traded Note (ETN) on Euronext Amsterdam and Paris. The ETN allows investors to gain crypto exposure by tracking the PYTH token without holding it. Pyth Network is a decentralised oracle ensuring data accuracy for smart contracts. The ETN is fully collateralised with secure storage, trades on regulated exchanges, and […]

Polymarket has taken in billions in betting volume on the US election, with the primary market predicting a Trump victory. However, it’s possible bettors will be waiting weeks, or even months, before seeing a cent. This is because Polymarket won’t pay out users until an official winner is declared – either via Inauguration, or with […]

Bitcoin’s recent move toward a new all-time high, followed by a significant retraction in altcoin prices, has resulted in BTC Dominance reaching a 12-month peak. According to a newsletter from Bitfinex, this reflects a broader market malaise regarding altcoins, with investors mostly interested in Bitcoin. Bitcoin’s volatility has been strangely subdued in the run-up to […]

Australian web3 gaming pioneer, Immutable, has received a Wells notice from the US SEC alleging non-specific breaches of US securities law. Immutable claims the Wells notice was intentionally issued just before the US election, suggesting the SEC has sought to issue many such notices to other crypto firms prior to the election. The company said […]

21Shares has applied to list an XRP ETF on Cboe, following Bitwise and Canary, to provide exposure to XRP. Amid these tensions, Ripple’s CEO criticises the SEC’s actions as damaging to the agency’s credibility while a court recently ruled XRP is not a security. Ripple has prepared for a cross-appeal by escrowing US$125 million, as […]

Cryptocurrency markets are experiencing volatility, with notable declines in Bitcoin, Ethereum, Solana, and Dogecoin. Jamie Coutts warns of increased risk for assets as USD strengthens and central bank actions fluctuate. Swissblock analysts highlight the US presidential election as a key factor, stressing the market impact of potential non-acceptance of results. US spot Bitcoin ETFs see […]