Bitcoin Nears $90K, Marks Strongest Weekly Return Since US Banking Crisis
Bitcoin’s price surge shows little sign of slowing down, nearing the significant $90,000 mark in a rally that could become its strongest weekly performance since the 2023 US banking crisis. The cryptocurrency recently crossed the $85,000 threshold on Nov. 11 but continued its ascent. As of 8:14 am UTC, Bitcoin is trading at $88,879, up […]
Ethereum Reaches $3.2K, Overtakes Bank of America in Market Cap
Ethereum, the second-largest cryptocurrency by market cap, reached $3,200 on November 10—its highest level since August—while Bitcoin surged past $79,000 following Donald Trump’s win in the U.S. presidential election. According to CoinMarketCap, Ether’s market cap now stands at approximately $383 billion, rising nearly 5% in the last 24 hours, putting it around $40 billion above […]
ADA Surges 30% on Speculation of Cardano-Trump Partnership
Cardano (ADA) has been one of 2024’s most underperforming cryptocurrencies, with its value plummeting over 40% through the end of October. Yet, November has brought a dramatic shift, as ADA quickly recouped nearly half a year’s worth of losses within just one week, raising hopes for potential 100% gains by early 2025. On November 10, […]
Bitcoin’s Surge to $81,000 May Spark a Rally in ETH, SOL, and SUI
Bitcoin’s recent climb above $81,000 on November 10 has energized the crypto market, sparking speculation among analysts about its potential for further gains. Renowned analyst Tuur Demeester suggested on X that holding onto Bitcoin without overreacting may yield rewards, as “HODLing does the work for you.” Some new investors may worry that Bitcoin’s rapid rise […]
Elon Musk Shares Post Advocating for the Abolition of the Federal Reserve
Elon Musk recently echoed a call to dismantle the Federal Reserve Bank in the United States by sharing a post from Utah Senator Mike Lee, who has argued for increased executive control over monetary policy and the elimination of the central bank. In his message, Lee pointed to Federal Reserve Chairman Jerome Powell’s recent statement […]
BlackRock’s Spot Ether ETF Sees Record $60.3M Inflows, Highest in Over Three Months
BlackRock, the largest asset manager globally, recently recorded a major inflow into its spot Ether exchange-traded fund (ETF), marking its most substantial single-day inflow in 94 days. On November 8, BlackRock’s iShares Ethereum Trust ETF (ETHA) saw $60.3 million in inflows, the largest since August 6, when it garnered $109.9 million, as per data from […]
MicroStrategy Shares Surge 20% in the Week After Trump’s Win and Interest Rate Cuts
The stock market is set to wrap up one of its best-performing weeks of the year, following Donald Trump’s victory in the presidential election and another wave of interest rate cuts. This market rally has driven tech stocks, including MicroStrategy (MSRT), to impressive highs. MicroStrategy shares are trading at $271.26 on the Nasdaq as of […]
Donald Trump Weighs Richard Farley as Potential SEC Chair Pick
Richard Farley, a prominent partner at Kramer Levin Naftalis & Frankel in New York and head of the firm’s leveraged finance group, is now reportedly on Donald Trump’s shortlist to replace SEC Chair Gary Gensler. According to a report from the New York Post, Farley has an extensive track record advising major financial institutions, including […]
KAST Card – Cryptocurrency Debit Card
KAST is revolutionizing how people interact with stablecoins and cryptocurrency by offering a seamless financial platform. Whether you’re new to KAST or just getting started, this guide will walk you through everything you need to know about setting up your KAST card, earning rewards, and making the most out of the KAST Points Program. Sign […]
Solana’s Open Interest Reaches New Peak: Could SOL Hit the $200 Mark Soon?
Between November 5 and November 7, Solana’s native token, SOL, spiked by 22.5%, reaching its highest level in seven months. This rally coincided with an impressive 17% surge in altcoins across the market, fueled in part by Bitcoin hitting a new all-time high on November 7. A large factor behind this surge can be traced […]