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Trump’s 2nd term to start with trifecta as Republicans tipped to win House
The Republicans will have total control of the executive branch and all of Congress after the GOP was projected to keep a majority in the House. The Republicans are projected to keep the United States House, giving the party total control of the government after taking a majority in the Senate along with Donald Trump’s…
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Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec
Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers. Donald Trump’s election victory in the United States is unlikely “the main story” behind Bitcoin’s recent pump — with an analyst pointing instead to a post-halving supply shock. “If you’re…
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Crypto market cap hits $3.1T high, could soon surpass France’s GDP
If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France. Crypto market capitalization has reached a new all-time high of $3.12 trillion — and is now close to surpassing France’s gross domestic product (GDP). On Nov. 11,…
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China-based Nano Labs turns to Bitcoin payments amid potential policy shift in the country
China-based crypto mining chip designer Nano Labs is now accepting Bitcoin as payment for its products through its business account on Coinbase, according to a Nov. 11 statement. The firm said it adopted Bitcoin payments in response to increasing demand for digital currency options in the tech world. It added that the payment flexibility is…
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Chinese microchip company says it’s now accepting Bitcoin as payment
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment. Shares in China-based crypto mining chip designer Nano Labs rose slightly after announced it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase.In a Nov.…
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Decentralized Social Media Firm Lens Eyes Massive Scale-Up
The latest version introduces application building blocks that allow users to create decentralized newspapers with thousands of contributors.
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Bitcoin ETFs on track to overtake gold ETFs within 2 months
As of Nov. 11, US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) held $84 billion, equating to roughly 66% of gold ETFs’ total assets under management (AUM). According to senior Bloomberg ETF analyst Eric Balchunas, spot Bitcoin ETFs’ current growth trajectory is on track to fully overtake the AUM of gold ETFs in the next two months.…
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'Volmageddon' — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B
The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000. Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume.The…
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Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally
Bitcoin clinched another all-time high of $88,448 on Monday, surging 11% over the past 24 hours.
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Russia proposes digital asset investment platform for developing markets
Russian President Vladimir Putin has proposed establishing a digital asset platform within the BRICS bloc, according to local media reports. The initiative aims to boost investment flows into emerging economies in South Asia, Africa, and Latin America and could provide new channels for capital in high-growth regions. Speaking at the Valdai Discussion Club, Putin proposed…
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