Bitcoin soared to a new high of over $75,000, driven by early election results favoring Donald Trump and investor belief that his victory would benefit the cryptocurrency industry. This surge surpasses the previous March record of $73,000, with contributions from aggressive campaign contributions from crypto firms and promises of deregulation from Trump.
exSat Network, a Singapore-based Bitcoin scaling solution, introduces staking services for BTC holders with $488 million in total value locked, offering yield opportunities through its native XSAT token.
XRP experiences a dramatic 54% surge in trading volume, reaching $1.04 billion, as the cryptocurrency market shows signs of recovery following a massive $225 million liquidation event, with the token’s price climbing 2.29% to $0.512.
Despite a staggering 254,078% spike in Shiba Inu’s burn rate eliminating 5.63 billion tokens in 24 hours, historical patterns and current market indicators suggest limited potential for sustained price growth.
SafePal introduces a groundbreaking Mini Wallet App on Telegram, offering 950 million users access to Swiss-regulated crypto-friendly bank accounts with Visa card support, marking a significant advancement in cryptocurrency accessibility.
As the cryptocurrency market gains momentum in Q4 2024, three affordable altcoins – BlastUP, Kaspa, and Terra Classic – show significant potential for explosive growth, with each offering unique technological advantages and use cases.
Eastern Europe has established itself as the world’s fourth-largest cryptocurrency market, with DeFi transactions accounting for 33% of the region’s $499 billion crypto value flow between July 2023 and June 2024, according to Chainalysis data.
Bitcoin reached $73,000 on October 29, 2024, leading a broader crypto market rally that pushed the global cryptocurrency market capitalization to $2.45 trillion, with most altcoins following suit in positive territory.
Phantom Wallet experienced service disruptions during the massive GRASS token airdrop on Solana, affecting millions of users while highlighting the blockchain’s improved stability despite unprecedented transaction volume.
The Golden State Warriors have named Coinbase as their official cryptocurrency platform partner, marking a bold return to crypto partnerships despite ongoing legal challenges from their previous FTX sponsorship and Coinbase’s current SEC lawsuit.
