HIVE Digital, a Nasdaq-listed Bitcoin mining company, reported that it produced 117 BTC in October, or about 3.77 BTC per day. Total holdings rose to 2,624 BTC, up 51% year-on-year.

سجلت عملة البيتكوين ارتفاع كبير بعد إعلان فوز “دونالد ترامب” في الانتخابات الرئاسية الأمريكية وبعد إعلان الاحتياطي الفيدرالي خفض سعر الفائدة. بعد الأخبار الايجابية تجاوز سعر البيتكوين حاجز 75,000 دولار لأول مرة، ووصل سعر العملة إلى أعلى مستوى تاريخي. وفقا للسيد “ريان لي” مدير التحليل في شركة “Bitget Research” فإن هذا الارتفاع يعكس الاستجابة الإيجابية … The post ارتفاع البيتكوين إلى مستويات... source: https://arab-btc.net/btc-breaking-75000-and-reaching-a-historic-high/

According to OKX market data, SUI briefly touched 2.4 USDT, setting a new historical high. It is currently quoted at 2.388 USDT, with a 24-hour increase of 3.75%.

Solana's metrics pointed to a bullish run continuation as it tested a key level. source: https://ambcrypto.com/solana-price-prediction-why-205-could-make-or-break-sols-rally/

This week in crypto, BeInCrypto unpacks everything from Donald Trump’s historic election, its impacts on Bitcoin and SEC Chair Gary Gensler, to new XRP ETF applications amidst institutional support, and a major new upgrade for Cardano. These chaotic and interrelated developments have spurred bullish sentiment across the entire crypto community. Cardano’s Node 10.11 Upgrade Opens New Era On... source: https://beincrypto.com/week-in-crypto-trump-win-boosts-bitcoin/

Grayscale Investments announced that its Grayscale Bitcoin Mini Trust ETF and Ethereum Mini Trust ETF will begin reverse stock splits on November 19. The BTC fund will be split 1 to 5, and the ETH fund will be split 1 to 10. (Bitcoin News)

Even after breaking through $77,000 for the first time, bitcoin's price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues. source: https://www.coindesk.com/markets/2024/11/09/why-bitcoin-will-soar-above-its-fresh-record-van-straten/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

According to U.Today, Cardano (ADA) has re-entered the top 10 cryptocurrencies by market capitalization, as reported by CoinMarketCap. This marks a significant comeback for Cardano, which had previously slipped from its position earlier this year, overtaken by Toncoin (TON) and TRON (TRX). The recent surge in ADA's price, which has increased by 33.88% to reach $0.4436, its highest since late July, has played a crucial role in this resurgence. This price increase has significantly boosted Cardano's market capitalization, adding over $3.76 billion in less than four days. The renewed interest in ADA suggests that investors are once again viewing it as a promising investment opportunity. The recent gains have sparked curiosity among investors about ADA's future price trajectory. Cardano is currently facing a resistance level at $0.47, coinciding with its 50-day moving average. The key question is whether this level will act as a barrier or a stepping stone for ADA's continued rise. This recovery for Cardano is occurring alongside a broader bullish trend in the cryptocurrency market, largely driven by Bitcoin's ongoing rally. As Bitcoin continues to reach new highs, it is creating a favorable environment for other cryptocurrencies like Cardano to experience significant price gains. Cardano's return to the top 10 not only highlights its own recovery but also reflects the broader momentum within the cryptocurrency market, as altcoins appear to be gaining traction. This resurgence positions Cardano as a significant player in the crypto space, especially as the market anticipates further developments. The current market dynamics suggest that altcoins, including Cardano, may finally be experiencing their moment of prominence.

According to U.Today, Bitcoin has experienced a significant surge, reaching new all-time highs as market optimism grows. Michael Saylor, the executive chairman of MicroStrategy, expressed his enthusiasm on social media with a message that resonated with the crypto community. This comes as the Federal Reserve's recent interest rate cut has provided a boost to Bitcoin, extending its rally over the past three days. On Thursday, Bitcoin achieved a record high of $76,999, and during Friday's trading session, it briefly surpassed the $76,000 mark again, reaching $76,483 before a slight pullback. As per CoinMarketCap data, Bitcoin is currently valued at $76,160, reflecting a 2% increase in the last 24 hours and a 7% rise over the past week. The cryptocurrency's impressive 80% gain in 2024 has outperformed traditional investments like global stocks and gold, driven in part by the Federal Reserve's interest rate reduction. The recent price surge follows months of consolidation and sideways market activity. Glassnode reports that while volatility remains in options markets, there is a steady increase in on-chain capital inflows, indicating a consistent demand for Bitcoin. U.S. Bitcoin ETFs have also seen unprecedented demand, with recent inflows matching the product's early success. In the last 24 hours alone, U.S. exchange-traded funds investing in Bitcoin recorded a record daily net inflow of $1.38 billion. Additionally, the Bitcoin Realized Cap has increased by 3.8% over the past 30 days, reaching an all-time high of $656 billion. This marks one of the highest levels of capital inflow since January 2023, with a net 30-day capital inflow of $2.5 billion. As the market continues to react to the Federal Reserve's decisions, investors are closely monitoring Bitcoin's next moves, with options markets pricing in increased volatility as they hedge their bets in both directions.

According to U.Today, Tether Investments, the trading and investing division of the stablecoin ecosystem Tether, has successfully completed its first crude oil purchase. This marks a significant step for the company as it ventures into commodities and real-world asset trading. Tether, known for issuing the U.S. Dollar Tether (USDT) stablecoin, facilitated the loading and transportation of 670,000 barrels of Middle Eastern crude oil, valued at approximately $45 million. This transaction is the first of its kind for Tether Investments in the region, highlighting the company's growing ambitions in the commodities trading sector. Paolo Ardoino, CEO of Tether, emphasized the potential of using USDT for large-scale commodities and real-world asset trading. He stated that this transaction underscores Tether's commitment to transforming the trade finance landscape by introducing efficiency and speed to markets traditionally reliant on slower and more costly payment methods. Ardoino expressed that this is just the beginning, as Tether aims to support a broader range of commodities and industries, promoting inclusivity and innovation in global finance. The investments arm of Tether operates independently from the company's stablecoin reserves and benefits from Tether's high profitability. This initial transaction opens up opportunities for Tether Investments to expand into various sectors, including financial, technology, agricultural, and asset-backed industries. As previously reported by U.Today, Tether has been introducing products in new segments of the digital economy. Since mid-2023, the company has been investing heavily in cryptocurrency mining software and supporting several 'Green Mining' initiatives worldwide. This strategic move into commodities trading and real-world asset transactions reflects Tether's broader vision of diversifying its operations and enhancing its role in the global financial ecosystem.

FLOKI INU (FLOKI), a doge-themed meme token, surges nearly 10% to $0.0001894, echoing previous highs. Boosted by token burn proposal and inclusion in Van Eck meme coin index. Plans to introduce Telegram trading bot, DNS service, and focus on gaming. Multiple utilities like TokenFi, DeFi, NFT marketplace, staking, and integration with platforms like Binance Venus enhance FLOKI's ecosystem.

Floki Inu (FLOKI) surges 100% on Uniswap, sparking interest in Shiba Budz (BUDZ). FLOKI emphasizes gaming/NFT utility, while BUDZ offers community trading. Both rely on strong community support. BUDZ available on Uniswap.