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Cryptocurrency News

Location American Cryptocurrency News for 28 October 2024
Morgan Stanley Warns High-Stakes 2024 Election Could Unleash Major Market Shifts Morgan Stanley analysts caution that the 2024 U.S. presidential election could unleash severe market volatility, driven by prolonged ballot counting, economic uncertainty, and unpredictable voter sentiment. Election Dela...
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Latam Insights Encore: Brazil's Determination to Build a New Financial System Will Guide BRICS Toward a Common Currency Agreement Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from last week. In this edition, we examine how Brazil’s firm determination to push the world toward a m...
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US Crypto Regulation Needs a Hard Fork

Coin Desk - 28 Oct 2024 22:33
US Crypto Regulation Needs a Hard Fork These simple modifications to the SEC's current regulatory framework for crypto asset issuance, staking, custody and trading can foster greater innovation without relying on new acts of Congress, says Willkie's Mike Seli...
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Dogecoin Jumps 10%, Outperforming on Trump Popularity as Bitcoin Nears $70K Bitcoin's "bullish setup" into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.
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Election betting market Kalshi to take USDC deposits

Coin Telegraph - 28 Oct 2024 21:52
Election betting market Kalshi to take USDC deposits Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead.
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14 Million ETH and Counting: The Growing Influence of Ethereum Liquid Staking Giants One month ago, ethereum liquid staking derivatives (LSD) protocols collectively held 14.08 million ETH, crossing the 14 million milestone. Since then, these protocols have scooped up an additional 60,000 ETH. Ethereum’...
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Weekly digital asset inflows reach $901M, totaling $27B in 2024 According to CoinShares, anticipation for the United States elections and Republican gains are fueling bullish market sentiment.
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Bitcoin chases $70K as global tensions ease and crypto traders long the US elections Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election.
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Bitcoin in bullish setup ahead of election: VanEck

Coin Telegraph - 28 Oct 2024 20:33
Bitcoin in bullish setup ahead of election: VanEck The investment manager's long-term model puts BTC's price at roughly $3 million by 2050.
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How Michael Saylor uses the time value of money to combat fiat devaluation Michael Saylor combats fiat devaluation by investing in Bitcoin, leveraging its deflationary nature and long-term growth potential, while cash loses value due to inflation.
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Prediction Markets Signal GOP Sweep in 2024: Republicans Poised for All 3 Branches Donald Trump's campaign momentum has held strong in recent weeks, with Trump now leading Vice President Kamala Harris. Polls and prediction markets increasingly suggest a possible Republican sweep in 2024. Bettors Weigh ...
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Hong Kong SFC to Establish 'Consultative Panel' for Licensed Crypto Exchanges The SFC's Eric Yip said the panel will include representatives from each licensed exchange.
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Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button' The leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview.
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Price analysis 10/28: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.
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Emory University holds $15M in Bitcoin ETFs: Filing

Coin Telegraph - 28 Oct 2024 19:24
Emory University holds $15M in Bitcoin ETFs: Filing It's the first United States university endowment to report holding Bitcoin ETFs, according to Bloomberg.
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Hong Kong Considering Tax Concessions for Crypto Investments Regulatory updates are also in the works for stablecoin issuers, OTC trading services and custodians.
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FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month...
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Is it Too Late to Buy Pepe? PEPE Down 22% as Traders Switch to Pepe Unchained ICO The once-hot Pepe (PEPE) coin has lost its shine in the past month. PEPE is down over 22% since late September, and trading volumes have also plummeted. Now, some traders are eyeing another frog-themed crypto - Pepe Unch...
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Digital Asset Fund Inflows Surge Amid US Political Climate, Coinshares Report Shows Coinshares’ latest report, led by head of research James Butterfill, shows a substantial increase in digital asset fund inflows. Coinshares Digital Asset Fund Flows Report According to the report, the U.S. saw record i...
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Bitcoin needs this one thing to hit and hold $70K

Coin Telegraph - 28 Oct 2024 18:39
Bitcoin needs this one thing to hit and hold $70K Bitcoin is showing strength by holding tight to the $68,000 level, but a run to new all-time highs will require one key component.
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Prediction Market Kalshi to Supply Price Data for Crypto Oracle Stork Initially, Kalshi's feeds will power perpetual futures contracts on decentralized exchanges. Eventually, the centralized betting platform might referee on-chain prediction markets.
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Emory University Joins Bitcoin ETF Rush, Reporting $16M Holding in Grayscale Vehicle Emory University disclosed ownership of more than $15 million worth of shares of the Grayscale Bitcoin Mini Trust.
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