Bitcoin Falls to 11-Week Low After Democratic Sweep and Wall Street Crash
The total crypto market cap dropped by roughly $200 billion in 10 days as bitcoin slid to $74,800 amid election results and a Wall Street sell-off.
Read articleThe total crypto market cap dropped by roughly $200 billion in 10 days as bitcoin slid to $74,800 amid election results and a Wall Street sell-off.
Strive reported $509 million in third-quarter net income, driven largely by unrealized bitcoin gains, while its bitcoin holdings grew to 43,124 BTC by Nov. 2.
A final Labor Department rule that would ease alternative assets like crypto into 401(k) plans is now under White House review, a step that typically precedes public release.
The White House has begun its final review of a proposed rule that could clear the way for Bitcoin in U.S. retirement accounts like 401(k)s.
October jobs gain of 165,000 beats forecasts, unemployment falls to 4.1%, and upward revisions to prior months raise market-implied odds of a December Fed rate hike to 78%.
A trader with a perfect record of 10 successful trades has opened a $45.3 million long position on Ethereum with 25x leverage, according to Lookonchain.
U.S. Representative Maxine Waters is pushing for "clear but tough standards" on cryptocurrency, with a focus on projects linked to former President Donald Trump, including World Liberty Financial.
Blockchain analytics firm Elliptic reports that hackers linked to the record Binance theft have converted about 42 million XRP, worth roughly $50 million, mostly into bitcoin via THORChain.
A Department of Labor rule that could open retirement plans to digital assets is now under final White House review, following a 2025 executive order and the rescission of a 2022 warning.
People's Bank of China probes Solana and halts in-person promotional events after authorities deemed an October gathering illegal under 2021 crypto laws.