#CryptoNews

Ethereum continues to solidify its dominance in the blockchain space, with its Layer 2 (L2) networks achieving an all-time high in Total Value Locked (TVL) of $51.5 billion. This represents a staggering 205% growth compared to $16.6 billion recorded in November 2023, as per data from L2beat. This remarkable expansion underscores the growing adoption of…

Dogecoin Could Reach $2.6 Soon, Says Crypto Analyst Cryptocurrency analyst and enthusiast Raoul Buddy has forecasted a significant rally for Dogecoin (DOGE) in the near term. According to his bold prediction, the self-proclaimed “mayor of memecoins” is poised to reach $2.6 per unit within days, driven in part by the newly established Department of Government…

Anthony Pompliano, a prominent crypto advocate and analyst, has proposed a bold move for the United States: printing $250 billion to invest directly in Bitcoin. According to him, this ambitious strategy aligns with former President Trump’s campaign promise to integrate cryptocurrencies into America’s strategic reserves, preparing the nation for a financial future where Bitcoin takes…

As Donald Trump reclaims the presidency, the landscape for cryptocurrency companies eyeing stock market listings may be transforming. ARK Contribute, a leading asset management firm led by Cathie Wood, suggests that Trump’s leadership could reshape the SEC, potentially paving the way for Initial Public Offerings (IPOs) in the cryptocurrency industry. Plain Bringing Down, ARK Contribute’s…

Dogecoin’s price has surged by an impressive 30%, mirroring Bitcoin’s gains, thanks to the potential victory of Donald Trump in the U.S. elections. At the time of writing, DOGE is trading at $0.2066 USD, boasting a daily gain of 28%. In certain trades, it briefly reached $0.22 USD, achieving a 30% daily increase—levels unseen since…

In a major shift in U.S. politics and financial markets, Fox News has projected that Donald Trump has won the U.S. presidential election, securing 277 electoral votes—enough to bring him back to the White House as the country’s 47th president. Alongside his projected victory, Trump has achieved significant support, securing control of the Senate. This…

The cryptocurrency market kicked off the week on a positive note, with a strong rally in the price of major tokens. However, the Bitcoin surge was not as favorable for traders, particularly those who had opened short positions. In the last 24 hours, short-sellers have incurred losses amounting to $143.13 million. Overall, the market saw…

As another week closes in the volatile world of cryptocurrencies, Bitcoin has managed to maintain its position above $60,000 despite fluctuations. In this analysis, we provide a comprehensive overview of the most critical developments in the Bitcoin mining industry over the past week. The mining business has seen several noteworthy developments. One key trend is…

This Friday, the US employment data for September was released, and it brought great news for equity investors. The job gains in the month far exceeded expectations, which in turn triggered a rise in Bitcoin during the early hours of the trading day. In September, non-farm payrolls saw a total increase of 254,000 jobs, a…

The United Kingdom has registered its first-ever conviction for the illegal operation of cryptocurrency ATMs. The individual responsible, Olumide Osunkoya, pleaded guilty on Monday to running an unregistered network of cryptocurrency ATMs across the country, processing millions in transactions despite being denied registration by the UK’s Financial Conduct Authority (FCA) in 2021. The FCA revealed…