Breaking News: 2024 ELECTIONS – Market Insights, Analysis & Latest Updates

US spot bitcoin ETFs top half a trillion dollars in cumulative trading volume less than a year after launch

U.S. spot bitcoin ETFs surpassed $500 billion in trading volume, led by BlackRock's IBIT. Bitcoin prices surged over $90,000, reflecting a significant growth in the crypto market.

theblock.co • 14/11/2024 - 10:33 AM

Republicans keep control of US House, ushering in crypto friendly lawmakers to lead key committee

Republicans maintain control of the House, enabling crypto-friendly legislation as leadership transitions on the Financial Services Committee focus on stablecoins and digital asset regulations.

theblock.co • 14/11/2024 - 03:49 AM

How Elon Musk, Vivek Ramaswamy and Dogecoin co-creator Billy Markus reacted to Trump's 'DOGE' announcement

Donald Trump plans to establish a Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, focusing on deregulation and integrating Dogecoin into policy reform.

theblock.co • 13/11/2024 - 21:40 PM

Sen. John Thune to lead the Senate as majority leader following moves to back crypto legislation

Sen. John Thune, a pro-crypto Republican from South Dakota, has been elected Senate Majority Leader and supported significant crypto legislation like DCCPA and the repeal of SAB 121.

theblock.co • 13/11/2024 - 18:54 PM

Sen. Warren takes the helm as top Democrat of the Senate Banking Committee amid scrutiny from crypto industry

Elizabeth Warren becomes top Democrat on Senate Banking Committee, prioritizing middle-class support and enforcing crypto regulations after Democrats regain Senate majority.

theblock.co • 13/11/2024 - 17:29 PM

Republican Rep. French Hill urges federal agencies, including SEC, to suspend rulemaking in light of Trump's win

Rep. French Hill is urging federal agencies to stop rulemaking following the election results, criticizing past regulatory overreach while aiming for leadership in the House Financial Services Committee.

theblock.co • 13/11/2024 - 16:36 PM

Pete Hegseth, who said Trump is 'making bitcoin great again,' nominated for Secretary of Defense

Pete Hegseth, Bitcoin supporter and army veteran, nominated for Secretary of Defense by Trump, faces criticism from Senator Warren despite his military credentials.

theblock.co • 13/11/2024 - 13:59 PM

'It’s still early': Bitwise CIO makes the case for a $500,000 bitcoin price

Bitcoin's surging value prompts predictions of a $500,000 price point as it transitions to a mature asset, driven by demand for store-of-value and institutional adoption.

theblock.co • 13/11/2024 - 12:25 PM

Bitcoin's correlation to gold hits 11-month low amid capital reallocation, analysts say

Gold has decreased by 5% while bitcoin has surged over 20% post-U.S. election, indicating a shift in investment trends and perceptions of safe-haven assets.

theblock.co • 13/11/2024 - 11:36 AM

Consensys-incubated Layer 2 Linea plans token launch in Q1 2025

Linea launches a non-profit association to oversee development, aiming for a token by 2025, amidst hopes for improved crypto regulations following Trump's election.

theblock.co • 13/11/2024 - 11:01 AM

Currency