Cryptocurrency

The United States spot Ether exchange-traded funds (ETFs) recorded their biggest day of inflows in history, as the crypto market continues to rally after Trump’s election victory.  The ETFs, which launched in July, recorded $294.9 million in inflows on Nov. 11 — smashing the previous record of $106.6 million on launch day.  The Fidelity Ethereum

Crypto market capitalization has reached a new all-time high of $3.12 trillion — and is now close to surpassing France’s gross domestic product (GDP).  On Nov. 11, total crypto market capitalization soared 7% over 24 hours, due mainly to a sudden surge in Bitcoin, which rallied to $89,500.  If the crypto market were a country,

Solana’s native token, SOL (SOL), surged by 35% between Oct. 5 and Oct. 11, reaching its highest level since December 2021 at $222. This movement has led traders to speculate whether the all-time high of $260 is within reach, especially after Bitcoin (BTC) crossed  $84,500, driven by steady institutional inflows and anticipated regulatory clarity in

Bitcoin has hit new all-time highs as President-elect Donald Trump secured victory in the 2024 United States presidential election. Set to return to the White House after departing in January 2021, Trump now appears to be bringing a pro-crypto stance with him. His campaign made several pledges in support of the cryptocurrency sector, marking a

The cryptocurrency exchange Binance saw significant price increases for several memecoins listed on its platform in 2024. On Nov. 11, pseudonymous onchain analyst Ai_9684xtpa posted on X that among the 15 memecoins listed by Binance in 2024, 12 saw significant increases in value after going live on the exchange.  Memecoins like Moo deng (MOODENG), Dogwifhat

Decentralized finance (DeFi) platform Infinex has announced plans to list the top 500 crypto assets and release an updated version of its platform in early 2025. In an interview at Near’s Redacted conference in Bangkok, Thailand, Infinex founder Kain Warwick told Cointelegraph editor Andrew Fenton about the DeFi platform’s plans to list the top 500

Cryptocurrency analytics platform Nansen is expanding its capabilities beyond Ethereum by moving into Bitcoin through a partnership with the Bitcoin layer-2 (L2) network, Bitlayer.  Nansen is debuting Bitcoin (BTC) analytics services by delivering blockchain data analytics to Bitlayer, an L2 network supporting smart contracts and decentralized applications (DApps) on Bitcoin. As the first Bitcoin L2

The DeltaPrime protocol has been exploited for $4.8 million worth of digital assets, adding to the growing number of crypto hacks in 2024, which could be set to surpass the value stolen in 2023. DeltaPrime, a decentralized finance (DeFi) liquidity protocol, was exploited for $4.8 million worth of Arbitrum (ARB) and Avalanche (AVAX) tokens. The

Alameda Research filed a lawsuit against Aleksandr Ivanov, founder of Waves, as part of its ongoing legal strategy to recover crypto assets. The trading arm of the bankrupt FTX exchange is aiming to recoup at least $90 million of digital assets from Waves, according to a Nov. 11 court filing.  In March 2022, Alameda Research

The Ethereum Name Service (ENS) token rose more than 10% as ENS Labs announced details of its new Ethereum layer-2 solution “Namechain.” Namechain is a purpose-built Ethereum layer-2 solution aimed at scaling blockchain identity by making it easier to register names at reduced costs via rollups, ENS Labs executives said in a presentation at the

Near Protocol has unveiled a crosschain AI agent in alpha that can launch memecoins in seconds and search the web to buy products for fiat. Additional functionality is coming soon that is expected to enable users to book flights or order takeaway food on Web2 sites. The NEAR.AI Assistant was launched by co-founder Illia Polusukhin

Bitcoin has been on a roll this past week, rising above $81,000 on Nov. 10. Some analysts say the rally has just started and has a long way to go. Bitcoin analyst Tuur Demeester said in a post on X that “no rash action is needed, HODLing does the work for you.” Newbie traders may

Edward Snowden, the privacy advocate and former National Security Agency (NSA) contractor, addressed decentralization during his appearance at Near’s Redacted conference in Bangkok, Thailand. Speaking on topics like cryptocurrencies, artificial intelligence and blockchain technology, Snowden also addressed the impact of venture capital (VC) on blockchain projects, using Solana as an example. He described Solana as

Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election. According to CoinMarketCap, the market cap of Ether (ETH) now stands at around $383 billion, up almost 5% in 24 hours, putting it

Cardano (ADA) struggled as one of 2024’s worst-performing cryptocurrencies, shedding over 40% of its value year-to-date through October. However, November brought a swift turnaround, with ADA wiping nearly six months of losses in just one week. Now, it eyes 100%-plus price gains by March 2025. ADA booms on Hoskinson-Trump rumors On Nov. 10, Cardano’s price

Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States. “I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help

Top Stories of The Week BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high The world’s largest asset manager, BlackRock, accumulated more than $1 billion of inflows to its Bitcoin exchange-traded fund (ETF) across a record trading day as Bitcoin continued to break all-time highs.  On Nov. 7, BlackRock’s iShares Bitcoin Trust

Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October, reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections. According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed behind

Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors. In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively. According to Buterin, “Info finance is

BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data. BlackRock’s large inflows come

India’s homegrown e-commerce giant Flipkart will use Polygon’s chain development kit (CDK) to launch a Web3 loyalty program. On Dec. 2, Polygon and Flipkart announced a strategic partnership to effectively position the e-commerce platform into Web3 and the metaverse. This included initiatives such as Flipverse for nonfungible tokens (NFTs), eDAO for metaverse and the FireDrops