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Money & Crypto News

Detroit, Michigan, is set to become the largest U.S. city to accept crypto pay taxes and fees starting mid-2025. The initiative will be facilitated through a secure PayPal platform.

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Ethereum Foundation 2024 Report: 99.45% of Crypto Holdings in ETH, Asset Reserve Approximately $9.702 Billion🔷

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A total of 565 million USDT has been transferred from the Tether Treasury to major exchanges in the past 13 hours💲

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US Space Force Major Jason Lowery releases US 💰 Bitcoin National Defense Policy proposal 💬

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Republican Senator Lummis Pushes for BTC Reserve as Trump Returns to the White House 🪙

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💰 Bitcoin reaches a new ATH of $76,990 🔝

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The pump·fun whale account has just sold another 78,000 SOL, equivalent to $15.11 million 🪙

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Federal Reserve Chairman Jerome Powell delivers remarks following the Federal Reserve's two-day policy meeting on Thursday 📁

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Money & Crypto News

“That is the Bitcoin story. Not by decree. No one tells you to do it. YOU decree it. You fucking decree it. You go out and do what the fuck you're gonna do in the world. That's what we're doing here in Bitcoin.” ⚡️

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FYI: 🟠 MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.

Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap!

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Money & Crypto News

VANECK: 🟠 “We have a model that assumes that by 2050 Bitcoin becomes a reserve asset that is held by central banks at a 2% weight. In that model we arrive at a $3M price target for Bitcoin.” 🤯

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JP Morgan: Bitcoin will benefit from Trump’s presidency and MicroStrategy’s investment plan

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US election concept meme coins fell across the board, TRUMP fell more than 54.94% in 24 hours

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Yesterday's US Bitcoin Spot ETF Net Inflow was $622 million🕯

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Two whales collectively sold 33,701 ETH during an ETH price surge, equivalent to approximately $89.72 million.🤩

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CAT’s market value exceeded US$250 million, rising more than 12% in 24 hours

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BlackRock IBIT saw a net inflow of $11.055 billion yesterday👍

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Yesterday's Fidelity FBTC Net Inflow was $1.909 billion🕯

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YAHOO: 🇺🇸 The US can start a strategic Bitcoin reserve by not selling the BTC they already have 💡

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🇨🇳 China Central Television releases a news report covering Bitcoin's latest record high and Trump's promise to create a Strategic Bitcoin Reserve 📺

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Money & Crypto News

Coinbase Brings Bitcoin to Solana, Spurring High Hopes for DeFi Surge 📈

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Powell says he would not resign as Fed chief if Trump asked for his resignation 🙅‍♂️

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✂️ Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of Powell's First Speech Since Trump Win

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$76,572 Bitcoin, NEW ALL TIME HIGH! 🔝

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🗞 November 7, 2024 cryptocurrency news highlights

【Cryptocurrency】
💰 Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts

🇰🇪 The Kenyan government collected $77.5 million tax revenue from cryptocurrency traders in the last fiscal year

Cryptocurrency Total Market Cap Surpasses $2.6 Trillion, with a 24-hour Change of 7.1%📣

Economy
According to the data, if the German government hadn't sold its BTC reserves in July at $54,000, they could have pocketed an extra $990m in revenue. 🪙

Indicators
BlackRock Bitcoin ETF sees $1B volume in first minutes of post-election trading 📈

The total daily trading volume of Bitcoin spot ETF reached US$6.07 billion yesterday, setting a new high since mid-March this year

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🇺🇸 Bitcoin rockets past $75K following Trump’s victory! His pro-Bitcoin stance, pledge for a national Bitcoin reserve, and promise to review Ross’s case have fueled optimism across the industry. 🇺🇸

Crypto. com publicly warned by Polish regulator

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Crypto. com publicly warned by Polish regulator

The Polish Financial Supervision Authority (KNF) has issued a public warning to Foris DAX MT, a Malta-based company operating under the Crypto .com brand, for suspected unauthorized financial activities in Poland.

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The total daily trading volume of Bitcoin spot ETF reached US$6.07 billion yesterday, setting a new high since mid-March this year

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Tether Treasury Injects 1.845 Billion USDT to CEX on the Ethereum Chain in the Last 12 Hours💲

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Yesterday, BlackRock IBIT saw a net outflow of $68.31 million, with a trading volume of $4.2 billion.📈

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Cryptocurrency Total Market Cap Surpasses $2.6 Trillion, with a 24-hour Change of 7.1%📣

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