Prediction markets can potentially offer better foresight than polls for future events, as seen in the 2024 US election.
Bitcoin hits an all-time high of $92,326.13, with investors optimistic about further gains. Metrics like the MVRV Ratio are key to predicting potential market trends.
President-elect Donald Trump is likely to appoint Howard Lutnick, CEO of Cantor Fitzgerald, as the head of the US Department of Commerce.
The US District Court in California has recognized Lido DAO's legal personality.
US lawmakers seek Treasury's explanation on Tornado Cash operation post-sanctions.
HBAR price surged by 53%, thrilling the community as Hedera collaborates to boost demand. Speculations rise as board member Brian Brooks is considered for the US SEC chair position.
US Representatives challenge SEC and FINRA over Prometheum Capital's Ethereum services.
Elon Musk supports Howard Lutnick, CEO of Cantor Fitzgerald and Tether advocate, for the U.S. Treasury Secretary role. Musk highlights Lutnick's potential for change, differentiating him from competitor Scott Bessent.
The US Federal Reserve's liquidity fell by $80 billion due to increased Reverse Repo agreements, while China's liquidity rose. This shift in financial dynamics impacts global markets, particularly cryptocurrency.
Republican lawmakers question why the US SEC is allowing Prometheum to handle Ethereum custody while classifying ETH as a 'crypto asset security'. Representative John Rose demands answers from SEC Chair Gary Gensler and FINRA President Robert Cook.
The cryptocurrency market in 2024 was notable for Bitcoin reaching new all-time highs and the launch of spot Bitcoin and Ethereum ETFs in the US and Hong Kong.
The Manhattan US Attorney’s Office will limit its crypto cases, aligning with changes in enforcement priorities as Donald Trump assumes office. The Justice Department will focus on immigration enforcement instead. This shift reflects campaign promises made during Trump’s presidency bid.
Galaxy Digital CEO Mike Novogratz predicts that Bitcoin can reach $800,000 in 5-10 years, using gold as a benchmark. He also suggests a $500,000 target if the US adopts Bitcoin as a reserve asset, although he's skeptical about government action. Novogratz remains bullish on Bitcoin's future.
Bitcoin has entered the 'thrill' phase, characterized by high volatility and potential for new all-time highs. Analysts predict a rally to $150,000, but caution about liquidations and price corrections. Over-leveraged positions may lead to market pullbacks, while some investors secure profits amid fluctuating prices influenced by economic data.
Cardano has surged by 44.8% in the past week, raising questions on whether ADA can reach $5 during the current bull cycle, especially following market growth after the US presidential election.
The Digital Chamber of Commerce is advocating for the US government to lift its 2022 cryptocurrency ban on federal employees and promote the use of USD stablecoins, highlighting the benefits of minimal holdings.
Michael Novogratz, CEO of Galaxy Digital, predicts Bitcoin could reach $500,000 if the U.S. creates a strategic BTC reserve under Trump, altering global crypto policy.
Jay Clayton, former SEC Chair, is appointed as US Attorney for Southern District of New York, signaling potential changes in crypto regulation.
Following the US elections, crypto exchanges like Coinbase and Binance saw increased activity, with record trading volumes and inflows of Bitcoin and USDT, signaling higher investor interest and market liquidity.
The US Producer Price Index (PPI) has risen to 2.4%, sparking concerns about its impact on Bitcoin's rally to $100K. This follows an uptick in US CPI inflation and raises questions about the future of cryptocurrency markets.
The UK government plans to implement comprehensive cryptocurrency regulations to enhance its global competitiveness against the US and EU.
The Digital Chamber of Commerce urges the US Office of Government Ethics to allow federal employees to own cryptocurrency, opposing the 2022 regulation.
The potential removal of US SEC Chair Gary Gensler has sparked discussions, especially after Trump's election win. The crypto community criticizes Gensler for hindering innovation, leading to calls for his resignation. Speculation around possible successors is increasing, with several prominent names being considered for the role.
Bitcoin reached $92,000 following a rise in US inflation to 2.6% amid expectations of regulatory shifts. Despite fears of volatility from Federal Reserve policy, crypto optimism remains strong.
US CPI inflation data is anticipated to impact the crypto market negatively, as Bitcoin and altcoins experience a downturn. Analysts predict higher inflation rates, influencing market dynamics.
Ethereum ETFs experience record inflows as the Altcoin Season Index rises significantly, marking increased investor interest.
US CPI is set to be announced tomorrow amid a strong Bitcoin rally. The projections are being closely watched, with significant implications for the crypto market.
The crypto industry set a new record for lobbying efforts in 2024, significantly impacting the US election.
Bitcoin ETFs in the US achieve multi-month high in trading volume, while Ethereum ETFs record new inflow highs. BlackRock's IBIT ETF leads Bitcoin activity, driven by market optimism. Ethereum sees significant institutional interest, with major inflows into BlackRock and Fidelity's funds. Positive sentiment is fueled by post-election enthusiasm.
CoinShares reports a record high global AUM of $116 billion for digital asset investment products, driven by post-US election inflows and rising prices.
Shiba Inu's burn rate has increased, generating market optimism. Increased interest follows the US elections and token burning activities.
Several US economic events this week, including CPI, jobless claims, PPI, and retail sales, could influence Bitcoin and crypto markets. The data may direct Federal Reserve policies and affect inflation and employment trends, impacting crypto volatility.
