Bitcoin Reaches Historic High of $75,000 Amid U.S. Election Economic Shifts

The post Bitcoin Reaches Historic High of $75,000 Amid U.S. Election Economic Shifts appeared on BitcoinEthereumNews.com. On November 6th, COINOTAG News reported insights from QCP Capital regarding the U.S. election’s impact on financial markets. Following market anticipations of enhanced economic expansion and elevated fiscal policies, the U.S. dollar experienced a significant appreciation, peaking at **105** […]

Bitcoin ETFs Lose $116.9M as Ether Funds Stay Neutral in Pre-Election Trade

The post Bitcoin ETFs Lose $116.9M as Ether Funds Stay Neutral in Pre-Election Trade appeared on BitcoinEthereumNews.com. Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday’s […]

Crypto cash fuels Republican Bernie Moreno’s victory in Ohio Senate race

The post Crypto cash fuels Republican Bernie Moreno’s victory in Ohio Senate race appeared on BitcoinEthereumNews.com. Republican Bernie Moreno pulled off a major upset in Ohio, unseating Democrat Sherrod Brown in a Senate race flooded with millions in crypto money. Crypto PACs were all in on Moreno, with pro-crypto powerhouse Fairshake leading the way. They […]

Coinbase CLO Blasts SEC as Donald Trump Coasts to Election

The post Coinbase CLO Blasts SEC as Donald Trump Coasts to Election appeared on BitcoinEthereumNews.com. Coinbase CLO is bullish over Donald Trump’s election victory. Paul Grewal says the U.S. voters want change, including the crypto sector. Incoming results suggest Donald Trump will win the U.S. presidential election. Paul Grewal, Chief Legal Officer at Coinbase, had […]

Project 2025 and Your Wallet: Balancing Challenges and Opportunities

The post Project 2025 and Your Wallet: Balancing Challenges and Opportunities appeared on BitcoinEthereumNews.com. With Trump now confirmed to reassume the presidency on January 20th 2025, the now infamous Project 2025 Policy Agenda is back in the news again. Interestingly, it does not mention any crypto-related policies at all. So from a financial perspective, what […]

Why Did J.P. Morgan Rebrand Onyx as Kinexys?

The post Why Did J.P. Morgan Rebrand Onyx as Kinexys? appeared on BitcoinEthereumNews.com. J.P. Morgan has officially rebranded its blockchain platform from Onyx to Kinexys, a significant announcement made during the Singapore Fintech Festival by Umar Farooq, co-head of J.P. Morgan Payments. This platform is a key player in the blockchain ecosystem, having processed over […]

Korean Digital Asset Exchange Association suspends trading for ORB and TEMCO

The post Korean Digital Asset Exchange Association suspends trading for ORB and TEMCO appeared on BitcoinEthereumNews.com. The Korea Digital Asset Exchange Association has assigned trade warnings and terminated support for ORB and TEMCO tokens, stating both projects have violated the Virtual Asset User Protection Act that may impact on their asset values. South Korean crypto […]

Bitcoin (BTC) New All-Time High Wrecks +$200M in Short Positions

TL;DR Bitcoin (BTC) reached a new all-time high of $75,000 on November 6, 2024, leading to the liquidation of over $286 million in short positions, causing a significant impact across the cryptocurrency market. The surge in Bitcoin’s price is attributed to strong spot market demand, with analysts emphasizing the importance of actual coin purchases over […]

Why Solana Volume Could Be Key In Driving SOL Price Higher

The post Why Solana Volume Could Be Key In Driving SOL Price Higher appeared on BitcoinEthereumNews.com. Solana (SOL) volume has risen to a three-month high of $8.33 billion following reports that Donald Trump is set to be announced the winner of the November 5 US presidential elections. This development also comes with a notable 11% […]

CryptoQuant CEO Warns: “Bitcoin Will Rise, But It’s Time for a Gradual Sell-Off!” Here’s Why!

The post CryptoQuant CEO Warns: “Bitcoin Will Rise, But It’s Time for a Gradual Sell-Off!” Here’s Why! appeared on BitcoinEthereumNews.com. Donald Trump’s re-election as US president after four years has boosted Bitcoin and altcoins, and this rise is expected to continue. While the first target for BTC is expected to be $80,000 and $100,000 by […]