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The Daily: Gary Gensler's potential farewell, bitcoin ETFs' half-trillion-dollar milestone and more

Gary Gensler may leave the SEC, Republicans retain House control, U.S. bitcoin ETFs hit $500 billion, and Coinbase rises in app rankings amid crypto enthusiasm.

theblock.co • 14/11/2024 - 20:01 PM

Bhutan government moves another $33 million in bitcoin to Binance deposit address: Arkham

Bhutan transferred 365 BTC worth $33.3 million to Binance, offloading nearly $100 million in recent sales while continuing to hold around 12,206 BTC valued at $1.12 billion.

theblock.co • 14/11/2024 - 14:52 PM

Coinbase surges back into US Apple App Store top 10, hits number 1 in finance amid Trump-fueled crypto rally

Coinbase's app ranking surged post-election, driven by rising Bitcoin prices and pro-crypto policies from Donald Trump, reflecting renewed retail investor enthusiasm in the crypto market.

theblock.co • 14/11/2024 - 13:58 PM

US spot bitcoin ETFs top half a trillion dollars in cumulative trading volume less than a year after launch

U.S. spot bitcoin ETFs surpassed $500 billion in trading volume, led by BlackRock's IBIT. Bitcoin prices surged over $90,000, reflecting a significant growth in the crypto market.

theblock.co • 14/11/2024 - 10:33 AM

The Daily: Trump says 'DOGE' to be led by Musk and Ramaswamy as Dogecoin soars, Bitwise CIO makes the case for $500K bitcoin and more

President-elect Donald Trump appointed Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy to lead his new Department of Government Efficiency (DOGE). In a note to clients late Tuesday, Bitwise CIO Matt Hougan made the case for a $500,000 bitcoin price before the cryptocurrency’s early stage comes to an end and the asset “matures.” Zero Gravity Labs (0G Labs or 0GL), a crypto-AI startup developing infrastructure for a decentralized AI operating system, has secured $290 million in funding, including a $40 million seed round and a $250 million token purchase commitment. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 13/11/2024 - 18:52 PM

Pete Hegseth, who said Trump is 'making bitcoin great again,' nominated for Secretary of Defense

Pete Hegseth, Bitcoin supporter and army veteran, nominated for Secretary of Defense by Trump, faces criticism from Senator Warren despite his military credentials.

theblock.co • 13/11/2024 - 13:59 PM

'It’s still early': Bitwise CIO makes the case for a $500,000 bitcoin price

Bitcoin's surging value prompts predictions of a $500,000 price point as it transitions to a mature asset, driven by demand for store-of-value and institutional adoption.

theblock.co • 13/11/2024 - 12:25 PM

Spot bitcoin ETFs continue strong inflows of $817 million, BTC dips 3.4%

U.S. Bitcoin and Ethereum ETFs saw significant inflows amid a market rally despite brief declines in cryptocurrency values following a major political event.

theblock.co • 13/11/2024 - 07:36 AM

BITCOIN

Bitcoin briefly breaks above $90,000 amid rally led by Trump's victory

Bitcoin reached over $90,000, a new record high, driven by strong market enthusiasm and pro-crypto regulations, with predictions it may hit $100,000 soon.

theblock.co • 12/11/2024 - 21:15 PM

The Daily: Justin Drake proposes Ethereum consensus layer redesign, German government misses out on $1.6B by selling bitcoin early and more

Justin Drake proposes Ethereum upgrade, Germany loses $1.6B on Bitcoin sales, Lisk mainnet launch, Coinbase's COIN50 index, and Dogecoin price surge due to Musk's influence.

theblock.co • 12/11/2024 - 20:31 PM

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