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CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday
Polygon joined Cardano as a top performer, gaining 7.9%.Source
Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial
The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.Source
First Mover Americas: BTC in Price Discovery Mode Following Record High
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
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.Source
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.Source
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.Source
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.Source
Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets
The U.S.’s Republican Party seems set to keep control of the House of Representatives, completing its trifecta after flipping the Senate and White House in the 2024 election cycle — confirming odds on betting site Polymarket.Source
Republicans Look Set to Win House, Clinching Electoral Sweep of Congress and White House
The U.S.’s Republican Party seems set to keep control of the House of Representatives, completing its trifecta after flipping the Senate and White House in the 2024 election cycle — confirming odds on betting site Polymarket.Source