Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are “more sensitive” to the election results.
The pilot was run as part of the Monetary Authority of Singapore’s Project Guardian.
More than 1,000 memecoins related to the U.S. presidential election have been issued on Solana in the past 24 hours.
Semler Scientific’s 26% gain following quarterly results was leading the advance for crypto-linked stocks.
The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm’s convertible debt, the report said.
Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.
The latest price moves in crypto markets in context for Nov. 5, 2024.
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.
The company’s stock is the best-performing Japanese equity this year, having gained nearly 840%, according to Investing.com.
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