October 2024

Bitcoin Traders

Bitcoin Traders Brace for Election Volatility

Bitcoin traders are bracing for significant price swings as the U.S. presidential election on Nov. 5 draws near. According to data from DeFi derivatives platform Derive, price fluctuations for Bitcoin could reach as high as 20% as traders position themselves for potentially dramatic market impacts stemming from election results. Derive founder Nick Forster provided insights

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Trump’s Crypto Venture Eyes Stablecoin Market

Donald Trump’s crypto project, World Liberty Financial, has taken a bold step by planning the development of a stablecoin, according to sources close to the venture. The project, which recently raised $14 million through an initial token sale, seeks to capitalize on the stablecoin market—a crucial element of the crypto ecosystem—by creating a financial product

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Arthur Hayes

Arthur Hayes’ Crypto Strategy Amid Election Risks

With the U.S. election just a week away, markets are bracing for potential volatility. Arthur Hayes, Chief Investment Officer of Maelstrom and co-founder of BitMEX, is taking a strategic approach by hedging with Ethena Lab’s USDe stablecoin while keeping significant positions in Bitcoin (BTC), Ether (ETH), and other cryptocurrencies. Hayes hopes to balance short-term election

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Metaplanet bitcoin holdings

Metaplanet Bitcoin Holdings Cross 1,000 BTC

Tokyo-based investment firm Metaplanet has achieved a significant milestone, bringing its total Bitcoin (BTC) holdings to over 1,000 BTC after a month of steady acquisitions. The latest addition on Sunday, comprising 156 BTC for $10 million, boosts its total to 1,108 BTC (roughly $69 million). Known as “Asia’s answer to MicroStrategy,” Metaplanet has adopted an

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Vitalik Buterin Defends Ethereum

Vitalik Buterin Defends Ethereum Holdings

Ethereum co-founder Vitalik Buterin recently took to Twitter to respond to speculation about ETH sales by himself and the Ethereum Foundation. In a Saturday thread, Buterin addressed questions surrounding the Foundation’s transfer of funds to centralized exchange Kraken and clarified the motives behind these transactions, which he said were misunderstood as “dumping” ETH onto the

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