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 Crypto Biz: US elections crown Polymarket Cointelegraph 1 week ago

Crypto Biz: US elections crown Polymarket 💹

This week in the crypto world, Polymarket stands out with its involvement in the US elections, underscoring its growing significance in the market. This development highlights the platform's expanding influence and potential impact.

BlackRock's IBIT achievement of reaching a $1 billion volume milestone signifies a strong performance and growing investor interest in digital assets, marking a significant financial benchmark for the platform.

Meta's Llama, now partnering with the US military, indicates a broader acceptance and integration of blockchain technologies and digital innovations into traditional sectors, showcasing emerging cross-industry collaborations.

Meanwhile, Bitcoin miners have posted record production outputs for October, a clear indication of the ongoing robustness and growth trajectory of the Bitcoin mining industry amidst fluctuating market conditions.

Finally, VanEck's PYTH ETN listing represents another step in the evolution of cryptos as mainstream investment options, offering new avenues for investors looking to diversify their portfolios with cryptocurrency-based products.

Source: cointelegraph.com ↗