Bitcoin breaks $79K and ‘no rash action is needed,’ says analyst

November 10, 2024 Coin Telegraph

<div>Bitcoin breaks K and 'no rash action is needed,' says analyst</div>

Bitcoin has broken the $79,000 price level for the first time and many traders are sharing the sentiment that "this is just the beginning."

Bitcoin's price has soared through the $79,000 price level for the first time ever in a week where it has reached several new highs since Donald Trump was reelected as United States president.

On Nov. 10, 05:00 UTC, Bitcoin (BTC) reached $79,141 on the cryptocurrency exchange Coinbase. However, traders warned not to make any impulsive moves just yet.

Bitcoin is trading at $79,658 at the time of publication. Source: Coinbase

Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

Coinbase Rolls Out Trading Support for Brand-New Native Token of Ethereum Layer-2 Restaking Protocol

November 9, 2024 The Daily Hodl

Altcoins

Coinbase has rolled out trading support for the brand-new native token of an Ethereum (ETH) layer-2 restaking protocol. Customers at the top US crypto exchange can now buy and sell SWELL, which launched on Thursday. SWELL is the governance token for the Swell Decentralized Autonomous Organization (DAO), which manages the development and growth of the […]

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Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

Coinbase Launches Wrapped Bitcoin Token on Top of Solana

November 8, 2024 Bitcoin.com

bitcoin.com

Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with it, we’re excited to bring easy access to BTC.” Coinbase partnered with […]

Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market

November 8, 2024 Coin Telegraph

cbBTC

The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase.

America’s largest cryptocurrency exchange, Coinbase, has deployed its version of wrapped Bitcoin on the layer-1 blockchain Solana as it seeks to expand the adoption of the asset in decentralized finance (DeFi).

“This is the first token Coinbase has issued on Solana, and with it, we’re excited to bring easy access to BTC,” the company said in a post on X announcing the deployment on Nov. 7.

Coinbase added that cbBTC will take the form of a Solana Program Library (SPL) token, a Solana-based token that can represent both fungible and non-fungible assets.

Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

Crypto stocks close on huge gains riding Donald Trump’s US election win

November 7, 2024 Coin Telegraph

Bitcoin

Traders have seized on optimism that the more pro-crypto Republicans could also win a majority in Congress after the party won the Senate and the White House.

United States crypto stocks ended the trading day on massive gains — most at double-digits — after a sweeping election win by Donald Trump and a new Bitcoin all-time high.

Crypto exchange Coinbase Global Inc (COIN), one of the biggest donors in the election cycle, saw the biggest gain on Nov. 6, closing up 31.11% at $254.3, now up 62.1% so far this year, according to Google Finance.

The popular trading house Robinhood Markets Inc (HOOD) also jumped 19.6% on the day, as did Bitcoin (BTC) miner MARA Holdings Inc (MARA) — formerly Marathon Digital. The BTC buying MicroStrategy Inc (MSTR) also closed up over 13%.

Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

Arkham launches crypto perpetuals exchange

November 6, 2024 Coin Telegraph

Arkham Intelligence

Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump's Nov. 5 US election win.

Blockchain analytics firm Arkham Intelligence has launched a cryptocurrency derivatives exchange, according to a Nov. 6 announcement.

The exchange will reportedly target retail traders and compete with existing platforms such as Binance.

It will integrate Arkham’s research and feature live on-chain audits and proof-of-reserve (PoR), Arkham said in a post on the X platform.

Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

269 Pro-Crypto Candidates Voted In to House of Representatives and Senate: Stand With Crypto

November 6, 2024 The Daily Hodl

Brian Armstrong

Coinbase-backed digital asset advocacy group Stand With Crypto says that over 250 pro-crypto candidates were voted into Congress. According to the non-profit organization, last night’s presidential election – which saw Donald Trump defeat Vice President Kamala Harris – also included victories for 257 pro-crypto candidates in the House and 16 in the Senate. However, Stand […]

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Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

Bitcoin price rally to $110K ‘incoming’ after positive Coinbase premium, Trump victory — Analyst

November 6, 2024 Coin Telegraph

Bitcoin Price

A boost in Bitcoin's spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.

Bitcoin (BTC) reached an all-time high of $75,358 after rallying 7.23% in a single four-hour candle. The bullish momentum accompanied the lead-up to Donald Trump’s US presidential election victory on Nov. 5.

With the US elections concluding with a “pro-crypto” president on deck, one crypto analyst re-iterated a Bitcoin price target above $100,000 in the coming weeks.

A few hours after the US election results, Titan of Crypto, an independent trader, highlighted a long-term cup-and-handle pattern for Bitcoin, which is currently undergoing a successful bullish breakout.

Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

Binance Co-Founder Dispels Rumors That Crypto Exchange Asks for Tokens Prior to Listing

November 5, 2024 The Daily Hodl

andre cronje

Binance co-founder Yi He is pushing back against claims that her crypto trading platform asks for tokens in exchange for listing. Simon Dedic, the chief executive of the crypto investment firm Moonrock Capital, kicked off the argument when he said on the social media platform X last week that he’d recently talked with a “Tier […]

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Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

Coinbase Involved in Asset Listing Controversy: Sun and Cronje Speak

November 5, 2024 Bitcoin.com

Binance

Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of a particular token. Nonetheless, two token founders contradicted Armstrong’s statements. Coinbase Allegedly Collecting Hidden Fees for Listing Assets in Its Platform Coinbase is in the […]

coinbase