11/07/2024
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Ripple Legal Director: Trump Could Make the U.S. the Crypto Capital
Stuart Alderoty, chief legal officer of Ripple, emphasized that the new president Donald Trump should make the necessary regulations for the US to become a leader in the cryptocurrency space. Alderoty stated that America could become the crypto capital of the world if a suitable regulatory environment is provided.
by Darkex Reseach – 1 min read
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Tether Treasury Injects 1.845 billion USDT
On November 7, Spot On reported that Chain monitoring showed that Tether Treasury injected 1.845 billion USDT into the CEX exchange via the Ethereum chain in the last 12 hours, of which $1.706 billion went to Binance, $101.7 million to Coinbase, $20 million to OKX and $17.86 million to Kraken.
by Darkex Reseach – 1 min read
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BlackRock’s Spot Bitcoin ETF IBIT
According to The Block, a day after Trump won the US presidential election, BlackRock’s IBIT spot bitcoin ETF reported that trading volume soared to $1 billion within 20 minutes of opening, setting a single-day trading volume record. Subsequently, the price of bitcoin quickly surpassed $75,000 and reached an all-time high.
by Darkex Reseach – 1 min read
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Elon Musk’s Net Worth 20.9 billion
Tesla (TSLA) closed up 14.75% on Wednesday US time, after the Elon Musk-backed Trump won the US presidential election. Tesla’s sharp rise boosted founder and CEO Elon Musk’s net worth by $20.9 billion in a single day, according to the Forbes rich list, bringing his total assets to $285.6 billion, far surpassing Jeff Bezos, who ranks second on the world’s richest list.
by Darkex Reseach – 1 min read
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Avalanche Foundation
The Block reports that the Avalanche Foundation has been approved by the court to repurchase 1.97 million AVAX tokens worth approximately $52 million purchased from the bankrupt Luna Foundation Guard (LFG), according to The Block.
by Darkex Reseach – 1 min read
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Avalanche Foundation
Donald Trump’s victory in the US presidential election pushed Bitcoin to a record high. The world’s largest cryptocurrency surged more than 7% to $76,400 on Trump’s return to the White House
“Bitcoin Reserve” Reminder from Senator Lummis!
US Senator Cynthia Lummis has introduced a bill to create a Bitcoin reserve for the US after Trump’s presidency. This move draws attention with the potential to halve the national debt. The bill is likely to become law with majority support in Congress.
by Darkex Reseach – 1 min read
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Bitcoin soars 1,900% in Trump’s first term
During Donald Trump’s first term as president of the United States, from November 2016 to November 2020, BTC rose by more than 1,900%. Despite his critical attitude towards crypto at the time, he did so in a famous tweet in 2019, calling BTC “extremely volatile” and claiming its value was “baseless”.
JPMorgan Chase: Bitcoin will benefit from Trump presidency and MicroStrategy’s plans
According to JPMorgan Chase analysts, gold and bitcoin are expected to perform well as Donald Trump wins the US presidential election, according to The Block.
by Darkex Reseach – 1 min read
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MicroStrategy’s Bitcoin assets exceed $9 billion
Based on Bitcoin’s current price of $75,129.5, MicroStrategy’s Bitcoin position has a variable profit of more than $9 billion, the company reported. As of September 19, 2024, MicroStrategy holds a total of 252,220 Bitcoins with a total purchase cost of approximately $9.9 billion and an average price of approximately $39,266.
by Darkex Reseach – 1 min read