Chain News Daily Official TheBitTimes.com

While Bitcoin (BTC) attempted a breakout already as Americans were casting their ballots, the true rally came once President-Elect Donald Trump’s lead in the electoral college started becoming overwhelming. As the world’s premier cryptocurrency reached a new all-time high (ATH) at $75,358.70 and is, following a 7.83% rise in the last 24 hours to BTC price today of $74,133, possibly aiming for new peaks, the number of Bitcoin millionaires has also rocketed. Specifically, on October 7 – just under a month ago – 121,061 addresses were holding more than $1 million worth of the coin, and at press time on November 6, there were 132,842 – meaning there are 11,487 new BTC millionaires as per Finbold Research. Of these, 121,126 addresses hold between $1 million and $9.99 million, and 11,716 are richer than $10 million. On October 7, data retrieved from BitInfoCharts using the Wayback Machine web archive tool shows there were 10,434 addresses ...

The Bitcoin price managed to print a slight gain in the last 24 hours to trade at $67,191.10 as of 7:34 a.m. EST.  Despite the lackluster 24-hour performance from the BTC price, Bitwise’s head of alpha strategies, Jeff Park, predicts that the crypto’s price will rally to as high as $92K if former US President Donald Trump retakes the White House. Charting $BTC price against Trump’s odds (via @Polymarket) from 8/15 to 10/20 reveals some wild swings—particularly when Harris and Trump took turns leading. By applying merger arb-style probability math, I project a Trump victory could push BTC to ~$92,000 Take that as you will pic.twitter.com/OGy8M3Vju1 — Jeff Park (@dgt10011) October 22, 2024 The Bitcoin Price Rebounded Off Of Support 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price rebounded from the $65,937.66 support after briefly dropping below this technical safety net in the last 24 hours. After recovering back above this...

Ripple has taken a significant step to enhance the crypto sector’s political influence by donating an additional $25 million to Fairshake, a federal crypto super political action committee (PAC) dedicated to supporting crypto -friendly Congressional candidates in this election year. This latest donation, announced on May 28, 2024, brings Ripple’s total contributions to Fairshake to $50 million over the past two years. Fairshake, which supports crypto-friendly congressional candidates, has raised over $100 million from major industry players, including Coinbase, Gemini, Andreessen Horowitz, and ARK Invest. Ripple’s contributions alone account for nearly half of this total. Picks for you Trader nets 419x profit by selling SHIB after 3-year hold 2 hours ago ...