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Money & Crypto News

Trump’s pledge to establish a National Strategic Bitcoin Reserve is historic and could encourage other nations to do the same 🔥

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53 Page policy briefing on a potential U.S. Strategic Bitcoin Reserve just dropped😎

▶️READ HERE

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🗞 November 5, 2024 cryptocurrency news highlights

【Cryptocurrency】
Bitcoin rebounds to $69,000, up 0.24% in 24 hours

Economy
Largest European Telecom, Deutsche Telekom to start mining Bitcoin using surplus energy ⚡️

The city of Lugano, Switzerland, issued digital bonds worth $139m to be settled using wholesale CBDC. This aligns with the city's goal of establishing itself as a crypto-friendly hub in Europe.

Indicators
A Polymarket user has dumped a $3.15 million bet on Trump winning the election in the last hour.👀

Michigan Pension Fund Invests $10 Million in Grayscale’s Ethereum ETFs 💰

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Citi: The market is not most concerned about the election, and U.S. stocks are likely to hit new highs

GSR Analyst: The election will not overly affect Bitcoin, and multiple unissued currency projects are waiting for the election results.

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GSR Analyst: The election will not overly affect Bitcoin, and multiple unissued currency projects are waiting for the election results.

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U.S. election live: Voting has started in 8 states, including New York State

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Bitcoin rebounds to $69,000, up 0.24% in 24 hours

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Yesterday the US Bitcoin Spot ETF saw a net outflow of $540.91 million📈

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ARK Invest increased its holdings of Coinbase stock by approximately $4.5 million yesterday👀

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Yesterday ARKB saw a net outflow of $138.3 million, while Grayscale BTC saw a net outflow of $89.5 million. 🕯

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With Bitcoin, those who are willing to be governed by the truths of the world are the ones accruing wealth.👨‍⚖️

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Largest European Telecom, Deutsche Telekom to start mining Bitcoin using surplus energy ⚡️

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Kraken has launched a licensed crypto derivatives brokerage in Australia for wholesale investors, offering crypto-based derivatives trading with multi-collateral support.

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Bernstein: Regardless of the outcome of the US election, Bitcoin will reach $200,000 by the end of 2025

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UAE Enters US Treasury Market with Tokenized Treasury Bill Fund

Abu Dhabi-based Realize and Neovision Wealth Management recently launched the Realize T-BILLS Fund, an investment vehicle that allows investors to hold Treasury bills as digital assets on the blockchain.

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According to Cryptoquant data, USDT on the TON network surpassed $1bn, a 670% increase in six months, up from just $130m on the network in May 2024.

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Bitcoin to reach 💵 $125K if Republicans secure both the presidency and Congress, per Standard Chartered 🇺🇸

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US election live: Trump says he will win the election with a clear advantage🔥

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BlackRock IBIT's pre-market trading volume reached US$56 million today, with 48% of active buy orders

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Solana chain is hot again: political concept tokens attract market attention

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The city of Lugano, Switzerland, issued digital bonds worth $139m to be settled using wholesale CBDC. This aligns with the city's goal of establishing itself as a crypto-friendly hub in Europe.

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Citi: The market is not most concerned about the election, and U.S. stocks are likely to hit new highs

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Yesterday FBTC saw a net outflow of $169.6 million, while FETH saw a net outflow of $31.5 million🕯

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Yesterday, IBIT saw a total daily trading volume of $1.391 billion, with 37% being attributed to active buy orders.🔼

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Michigan Pension Fund Invests $10 Million in Grayscale’s Ethereum ETFs 💰

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A Polymarket user has dumped a $3.15 million bet on Trump winning the election in the last hour.👀

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🗞 November 4, 2024 cryptocurrency news highlights

【Cryptocurrency】
Analyst: Cryptocurrency Safe Haven Sentiment Evident, Currently 💰 Bitcoin Short-Term Term IV at Elevated Level

Economy
Commonwealth Bank of Australia: If Harris wins, the dollar may depreciate by 1%-2% this week

Kraken has launched a licensed crypto derivatives brokerage in Australia for wholesale investors, offering crypto-based derivatives trading with multi-collateral support. 🙌

Indicators
Michael Saylor’s Bitcoin strategy boosted MicroStrategy from a $1B to a $52B market cap 🔥

According to Cryptoquant data, USDT on the TON network surpassed $1bn, a 670% increase in six months, up from just $130m on the network in May 2024.

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UAE Enters US Treasury Market with Tokenized Treasury Bill Fund🇦🇪

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Money & Crypto News

MARA CEO: 🇺🇸 The US must “ensure that they have a large amount of BTC such that they can potentially either protect themselves in the event there's a huge movement off the dollar so they can still trade but also so they can project power using BTC.”

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US presidential election update: Polls show Harris leading in early voting

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Commonwealth Bank of Australia: If Harris wins, the dollar may depreciate by 1%-2% this week

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In the past days Bitcoin hit all-time high in 113 currencies 📈

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