Digital assets manager CoinShares says that institutional investors dropped over two billion dollars into crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $2.2 billion on net last week. “Digital asset investment products saw inflows of US$2.2bn last week, […] The post... source: https://dailyhodl.com/2024/11/04/2200000000-of-institutional-money-flows-into-crypto-products-amid-election-euphoria-coinshares/

Just hours away from the US presidential elections, PolitiFi tokens have seen a remarkable boost. The sector has experienced a nearly 10% surge in the last 24 hours, with Trump-themed memecoins leading the way. Following the recent performance, some investors forecast a massive rally for these tokens in the coming days. Related Reading: Is The Bitcoin Bull Market Over? Analyst Reveals Bear... source: https://www.newsbtc.com/news/politifi-memecoins-soar-trump-themed-tokens-rally-30-ahead-of-us-elections/

The crypto industry has flooded congressional elections with cash, which could have a major effect on how legislation shakes out in 2025. source: https://www.theblock.co/post/324397/upcoming-us-elections-poised-to-influence-crypto-legislation-in-2025-heres-what-could-happen-next?utm_source=rss&utm_medium=rss

Crypto giants Coinbase and Andreessen Horowitz (a16z) have invested heavily in Fairshake, a pro-crypto and bipartisan super PAC gearing up for the 2026 U.S. midterms. Fairshake announced it has already raised $78 million, just one day before the U.S. general election. These contributions, which split into $30 million already collected and an additional $48 million […] source: https://www.cryptopolitan.com/crypto-giants-coinbase-a16z-back-78m-pac-to-shape-2026-election/

The post Litecoin’s (LTC) Make or Break Moment, Insights From On-Chain Data appeared first on Coinpedia Fintech News The volatility across the cryptocurrency landscape has skyrocketed ahead of the U.S. election. Amid this, Litecoin (LTC) has reached a make-or-break level that could potentially lead to the liquidation of millions of dollars in traders’ positions. Litecoin (LTC) Technical... source: https://coinpedia.org/news/litecoins-ltc-make-or-break-moment-insights-from-on-chain-data/

According to Cointelegraph, United States regulators are currently evaluating a proposal to list the first exchange-traded fund (ETF) that includes a diverse range of cryptocurrencies, as announced by asset manager Grayscale on November 4. The securities exchange NYSE Arca submitted a request to the Securities and Exchange Commission (SEC) on October 29, seeking approval to list shares of the Grayscale Digital Large Cap Fund (GDLC). Grayscale highlighted that the proposed rule change, if approved, would establish the first national securities exchange ruleset allowing the listing and trading of shares of multi-crypto asset ETFs. The GDLC fund, which was established in 2018, comprises a crypto index portfolio that includes Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), and XRP (XRP). Despite its creation, the fund is not yet available for trading on public exchanges. As of November 4, GDLC manages approximately $534 million in assets, according to Grayscale’s website. The NYSE's request for a rule change was published in the federal register on November 4, initiating a 240-day period for the SEC to make a decision on whether to approve the ETF for trading. Grayscale faces competition from other proposed index funds, including those from asset managers Hashdex and Franklin Templeton. However, GDLC stands out by including altcoins such as SOL, AVAX, and XRP, whereas the Hashdex and Franklin Templeton funds plan to initially hold only BTC and ETH. Industry experts suggest that crypto index ETFs are becoming a significant focus for issuers following the listing of ETFs holding BTC and ETH earlier this year. Katalin Tischhauser, head of investment research at crypto bank Sygnum, noted that index ETFs are efficient for investors, similar to how people invest in the S&P 500 through ETFs. This trend is expected to extend to the crypto market. Asset managers and exchanges are actively filing to register various proposed altcoin ETFs, including funds holding SOL, XRP, and Litecoin (LTC), which analysts view as a strategic move in anticipation of the US presidential election outcome. David LaValle, Grayscale’s global head of ETFs, stated that Grayscale and NYSE Arca have carefully developed a proposed ruleset to facilitate the listing and trading of shares of multi-crypto asset ETPs within the SEC’s existing framework.

The Cardano (ADA) community has rallied to defend the network’s founder, Charles Hoskinson, following an online dispute ignited by harsh criticisms. The controversy began on Saturday when a user on X (Formerly Twitter), operating under the pseudonym “Dclay,” posted, “Is Charles Hoskinson really the cancer of Cardano? Would this chain be a lot better without […] source: https://zycrypto.com/cardano-community-claps-back-at-critic-who-labeled-charles-hoskinson-a-cancer-for-ada/

Grayscale Digital Large Cap Fund could be the first US ETF to hold altcoins such as Solana and AVAX if approved. source: https://cointelegraph.com/news/us-regulators-mull-approving-grayscale-crypto-index-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A memecoin built on the Solana (SOL) blockchain has earned support from Binance, the world’s largest crypto exchange platform by trading volume. In a new announcement, Binance says it’s adding futures contracts for the monkey-themed PONKE (PONKE) on Monday. Says Binance, “To expand the list of trading choices offered on Binance Futures and enhance users’ […] The post Solana-Based Memecoin... source: https://dailyhodl.com/2024/11/04/solana-based-memecoin-thats-up-4641-this-year-earns-sudden-support-from-binance/

Trolling drives Cardano's Hoskinson to reconsider his social media use as he seeks a healthier way to engage with the ecosystem. source: https://dailycoin.com/troll-attacks-drive-cardano-chief-to-consider-social-detox/?utm_source=cryptopanic&utm_medium=rss

Hex Trust nhận được sự chấp thuận về nguyên tắc đối với giấy phép Tổ chức thanh toán lớn từ MAS, củng cố cam kết tuân thủ và mở rộng phạm vi quản lý của mình.