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Bitcoin spiked to above $75,400, a new all-time high. This came as Donald Trump clinched the US presidency, beating Kamala Harris. Bitcoin rose to new all-time high above $75,000 as world leaders began to congratulate Donald Trump as the winner and president-elect in the 2024 US election. As Trump took a decisive lead with key wins in Pennsylvania, Georgia and North Carolina, pushing his Electoral College votes past the 270 mark, Bitcoin price rocketed past $75k to hit a new all-time high above$75,400. BTC chart. Source: TradingView The flagship cryptocurrency has since retraced below $74k, but its sharp surge had over half a billion dollars liquidated. Per Coinglass, 124,734 traders saw their positions liquidated in the past 24 hours, with total liquidations at more than $557 million. BTC liquidations stood at over $273 million, with more than 70% of that – $211 million – in shorts. Crypto is overall extremely bullish on a Trump presidency and analysts sa

Following the reveal of its significant Bitcoin ETF holdings, the State of Michigan pension fund has also disclosed a notable $10 million investment in Ethereum ETFs. Indeed, the state has become one of the first to report significant holdings in the ETH investment vehicle. Spot Ethereum ETFs were approved in July of this year, becoming the second crypto-based ETF in the United States. They followed in Bitcoin’s footsteps, with the leading cryptocurrency breaking through to become the first ETF of its kind in January of this year. Source: CNBC Also Read: Michigan Pension Fund Discloses $6.9M Investment in Bitcoin ETF Michigan Pension Fund Reports Ethereum ETF Holdings That Exceed Its Bitcoin Allocation 2024 has been massive for Crypto and its continued development, specifically in the realm of institutional investment. The arrival of exchange-traded funds has opened a brand new door for the asset class. Now, companies and even states are observing the best route to take regarding poten

Shiba Inu (SHIB) and Ripple (XRP) are power-packed cryptocurrency tokens that investors love exploring and indulging in. Both tokens have had modest Octobers with occasional price spikes, leaving investors to wonder when they will spike and adapt at a bullish pace. While SHIB and XRP ecosystems continue to work to help the tokens ascend to new highs, here are the price projections for both tokens for November 10, predicting whether an ATH is on the cards for either. Also Read: Cardano: AI Predicts ADA Price On US Election Result Day Shiba Inu Price Forecast For November 10 Image Source: Watcher Guru Shiba Inu, or SHIB, is one of the leading cryptocurrency meme coins in the market. The token is currently experiencing a massive overhaul in its ecosystem development. Per Lucie, SHIB’s marketing lead, the ecosystem works on various new projects, notably launching SHI stablecoin, SHIB socials, SHIB DeFi, and SHIB Marketplace. At the same time, Lucie announced the launch of a DAO that the S

In a surprise ‘ask me anything’ (AMA) stream on YouTube on November 2, the Cardano (ADA) and Ethereum (ETH) co-founder Charles Hoskinson discussed the potentially ‘revolutionary’ prospect of integrating ADA with Bitcoin (BTC). After admitting that, for a long time, he was of the opinion that Bitcoin had stopped innovating following the Taproot upgrade in 2021, Hoskinson acknowledged that the team working on the world’s premier cryptocurrency had found a way to validate a zero-knowledge proof using BTC on the mainnet. I was in the group of people believing that Bitcoin had technologically stopped innovating. They got Taproot in and it looks like through some clever application of zero knowledge Tech and Taproot they are able to validate a zero knowledge proof using Bitcoin on the Bitcoin mainnet. Picks for you AI sets date when XRP will

The sentiment in the crypto market has shifted back to optimism. However, while most cryptocurrencies have experienced a temporary recovery, investors still need to be convinced about the long-term future of several top altcoins. Consequently, investors are turning to the best meme coins to make quick profits while assessing these altcoins.  However, identifying the meme coins that will experience the next breakout is not easy. With the impact of the market downturn still influencing market trends, identifying these tokens may be quite technical. Thus, the Analysis presents profitable meme coins worth checking out using several metrics.  Best Meme Coins to Add to Your Portfolio Now   Blur displayed a modest price increase of 7.5% over the last 24 hours. Despite experiencing a recent price dip in the past 24 hours, analysts anticipate this setback to be temporary. Also, Mochi’s 3.7% surge in the last 24 hours is supported by a 27% increase in trading activity. Meanwhile, data show

A widely followed crypto analyst thinks the top meme asset Dogecoin (DOGE) could kick off a parabolic bull run this month. In a new strategy session, crypto trader Ali Martinez shares a chart with his 76,400 followers on the social media platform X that suggests DOGE is primed to spark a rally based on historical trends. According to Martinez, November tends to be the month when the meme coin skyrockets and traders should look for a sustained close above $0.20 as confirmation. Source: Ali Martinez/X Dogecoin is trading around $0.159 at time of writing. The 9th-ranked crypto asset by market cap is down more than 7% in the past 24 hours but remains up by around 12% in the past seven days. Martinez is also bullish on certain other large-cap altcoins as well, such as interoperable blockchain Polkadot (DOT). “No need to chase when plenty of solid projects are still under the radar! Take Polkadot for example – looking primed for a breakout!” Source: Ali Martinez/X

David O’Leary-endorsed crypto exchange M2 was hacked on Thursday with nearly $14 million being stolen from multiple hot wallets, according to crypto sleuth ZachXBT. M2 confirmed that the hack took place at 3:16 AM (GMT+4) and that $13.7 million was stolen. It added in a security update that it tackled the incident within 16 minutes and that, “the situation has been fully resolved and customer funds have been restored.”  The exchange has also contacted the police and relevant legal authorities, “to ensure this matter is dealt with thoroughly and appropriately.” Crypto Theft – M2 On October 31, 2024, at 3:16 UAE time, M2, a global crypto investment platform, experienced a cybersecurity breach involving $13.7 million. The incident was promptly addressed within 16 minutes, at 3:32 AM. M2 has since fully resolved the issue, restoring… pic.twitter.com/G3lxE9PUtf — HackManac (@H4ckManac) November 1, 2024 Read more: M2: Did Mr. Wonderful endorse the next FTX? It said, “M

Legion, a merit-based on-chain crypto fundraising platform aimed at reshaping early-stage crypto investment, has successfully launched on Arbitrum, the leading Ethereum Layer 2 network, and Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and various decentralized applications. To celebrate its launch, Legion has launched an NFT giveaway event. Legion Launches A Tensorians NFT Giveaway In an October 31 blog post, Legion confirmed launching a non-fungible token giveaway to celebrate its launch on the Solana blockchain network. The new merit-based fundraising firm anticipates offering ten Tensorians, a renowned non-fungible token collection featuring a limited supply of 10,000 NFTs hosted exclusively on the Solana blockchain network. 🚨 Tensorian Giveaway! 🚨 Legion Scores are now live, including on-chain scores and unique achievements across EVM and Solana. To celebrate, we're giving away TEN Tensorians. Details 👇 pic.twit

A distinct shift is occurring within the cryptocurrency sector. The market sentiment is bullish, with the Fear & Greed Index sitting at 69, indicating strong optimism. However, it’s essential to note that only 23% of cryptocurrencies gained value in the last 24 hours. This stark contrast shows that while the atmosphere is charged with excitement, many assets are still struggling.  For seasoned investors, this is a call to action. The top crypto gainers could hold the key to capitalizing on this wave of greed. Let’s explore which coins are emerging as frontrunners in this dynamic environment.   Biggest Crypto Gainers Today – Top List Amid a climate of bullish sentiment, today’s top crypto gainers reveal intriguing opportunities for investors. Kava Lend leads with an impressive 60.32% increase, fueled by its upcoming V2 launch. Following closely is Trias Token, surging 15.37% as it pioneers the integration of cloud computing and blockchain. Terra Classic and Zeebu, with gains of