Why Bitcoin Will Soar Above Its Fresh Record: Van Straten
Even after breaking through $77,000 for the first time, bitcoin’s price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues.Source
The Unique Way the Solana Trading Ecosystem Is Making Bank
Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido.Source
Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going
Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump’s election victory, as bitcoin on Friday surpassed $77,000 for the first timeSource
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.Source
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