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%.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

US President Biden Applauds Nigeria’s Crypto Cooperation and Push for Global Reform

October 30, 2024 Bitcoin.com

bitcoin.com

U.S. President Joe Biden has praised Nigeria’s efforts in combating crypto-related financial crimes, including the recent release of a former Binance executive. Biden, Tinubu Strengthen US-Nigeria Ties With Crypto Crime Initiative The White House announced Tuesday that U.S. President Joe Biden held a call with Nigerian President Bola Tinubu, touching on recent humanitarian and diplomatic […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Homeowner lawsuit over $170K crypto theft rejected on appeal

October 25, 2024 Coin Telegraph

Homeowner lawsuit over 0K crypto theft rejected on appeal

Appeals Court

A United States appeals court said a district court was right to toss Ali Sedaghatpour’s lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.

A homeowner’s attempt to sue his insurer for failing to cover his $170,000 loss to a crypto scam was rejected by a United States appeals court, with a three-judge panel ruling there had been no error in dismissing his case.

The Fourth Circuit Appeals Court ruled on Oct. 24 that a Virginia District Court judge was correct in ruling that Ali Sedaghatpour had no breach of contract claim against Lemonade Insurance because his homeowner’s policy only covered “direct physical loss” of property.

Sedaghatpour sued Lemonade Insurance in 2022, claiming the insurer should have covered him under the policy for $170,000 in crypto stolen from him in a scam.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Tether Founder Paolo Ardoino Says US Is Dropping the Ball on Crypto Regulation Amid Run-Up to Election

October 24, 2024 The Daily Hodl

Crypto regulation

The founder and CEO of stablecoin company Tether (USDT) says that whoever wins in the upcoming US presidential election should support the growth of crypto. In an interview, Paolo Ardoino says that while the US has always been the world’s prominent pack leader, it is not the case when it comes to crypto. “The US […]

The post Tether Founder Paolo Ardoino Says US Is Dropping the Ball on Crypto Regulation Amid Run-Up to Election appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Russia Seeks to Weaken the West, Collapse US, Medvedev Declares

October 22, 2024 Bitcoin.com

bitcoin.com

Dmitry Medvedev, Deputy Chairman of Russia’s Security Council, called for weakening Western influence, stating Russia’s goal is the collapse of U.S. power or re-establishing a Soviet-era global counterbalance. He emphasized that Russia must distance itself from the West to avoid hostility and highlighted new alliances, like BRICS, as signs of shifting global dynamics toward a […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation

October 18, 2024 Bitcoin.com

Arthur Hayes

Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while bitcoin’s future looks bright, Hayes warns investors […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

China’s Former Vice Minister of Finance Calls for Research on Crypto as US Policy Pivots

October 1, 2024 Bitcoin.com

bitcoin.com

Zhu Guangyao, China’s former vice minister of Finance, has called on the country to continue researching crypto as the US changes its attitude towards the asset class. During the 2024 Tsinghua PBOC Chief Economist Forum, Guangyao stated that crypto should be studied “because it is a crucial aspect of the development of the digital economy.” […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

100,000,000 Americans Exposed in Massive Data Breach – Revealing Names, Locations, Dates of Birth, IP Addresses, Phone Numbers and More: Report

September 27, 2024 The Daily Hodl

Breach

Nearly one-third of the US population has had their sensitive personal data exposed in a massive new breach, according to security researchers. The background check company MC2 Data has left a stunning amount of information out in the open, likely due to human error, reports Cybernews. The data includes names, emails, IP addresses, user agents, […]

The post 100,000,000 Americans Exposed in Massive Data Breach – Revealing Names, Locations, Dates of Birth, IP Addresses, Phone Numbers and More: Report appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Will Trump pardon SBF? 6 weird Polymarket betting pools on US politics

September 24, 2024 Coin Telegraph

Betting

As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come.

Crypto betting platform Polymarket has received mainstream attention as betting pools on the United States presidential elections have helped the platform surpass $1 billion in volume.

Polymarket allows individuals to anonymously create market betting pools on almost any event, with outcomes determined in a binary “yes” or “no” format. While most users focus on straightforward bets, a subset of investors gravitate toward more unorthodox wagers.

As election day approaches and crypto policies become a prominent topic in the campaign, a wide range of wagers related to politicians and crypto policies are on the rise. These bets range from conventional political predictions to humorous and bizarre speculations.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Circle predicts stablecoins will become mainstream global payment method

September 15, 2024 Coin Telegraph

Circle

Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.

Circle, the issuer of the world’s second-largest stablecoin USDC, feels “confident” that stablecoins will become mainstream money. Simultaneously, regulations should be harmonized globally to ensure compliance for all payment stablecoin issuers.

“Circle is confident that there will be mainstream adoption of stablecoins as the money for the internet age,” Dante Disparte, chief strategy officer and head of global policy at Circle, told Cointelegraph in an exclusive interview.

“We expect there will be internet payments firms and other financial services companies that (will) attempt to enter or to expand in this space, which is a strong signal that stablecoins are here to stay,” Disparte pointed out.

US

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