Crypto prices continue melting upwards since Donald Trump’s election victory as investors reprice digital assets in anticipation of a friendlier government.
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout.
Shares are now trading at $0.70 after initially spiking up to $1.
ES Pablo Hernández de Cos has called for digital euro implementation and helped put in place küresel crypto banking rules.
The Series B funding round was led by DRW VC, with participation from funds managed by Apollo, Nextblock, ParaFi Capital, and Wintermute.
XRP trades close to a major supply zone that has consistently capped upside for over a year.
The latest price moves in crypto markets in context for Nov. 12, 2024.
Bitcoin has surged by $20,000 in the past week as we examine the cohort breakdown of this rally.
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