Category: Crypto

US spot Bitcoin exchange-traded funds (ETFs) saw a dramatic turnaround on November 6, drawing in approximately $622 million in net inflows
The post US Spot Bitcoin ETFs Rebound with $622M Inflows, Breaking Three-Day Losing Streak appeared first on Cryptonews. …

Bitcoin’s meteoric rise to $75,000 has propelled Open Interest (OI) to a record-breaking $45.41 billion, marking a 13.29% surge since November 5.
The post Bitcoin Open Interest Hits Record High Amid $75,000 Rally, Analysts Bullish on Further Upside appeared first on Cryptonews. …

FTX co-founder Gary Wang is appealing for no prison time ahead of his November 20 sentencing, citing his cooperation with prosecutors and a lesser role in the fraudulent activities that led to FTX’s collapse.
The post FTX Co-founder Gary Wang Pleads for No Prison Time appeared first on Cryptonews. …

The Avalanche Foundation has finalized the repurchase of 1.97 million AVAX tokens previously held by the now-defunct Luna Foundation Guard (LFG).
The post Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard appeared first on Cryptonews. …

Mark Uyeda, a current SEC commissioner, is emerging as a strong contender to take the leadership of the Securities and Exchange Commission (SEC).
The post Mark Uyeda Might Lead the SEC Under Trump’s Presidency, Lawyer Suggests appeared first on Cryptonews. …

A group of South Korean Bitcoin mining scammers appears to have scored a spectacular own goal, mistakenly targeting a police detective with a “high-yield investment crypto scam.”
The post 81 Arrests After Bitcoin Mining Scammers Accidentally Target Detective appeared first on Cryptonews. …

Galaxy Digital CEO Mike Novogratz named Hester Peirce and Dan Gallagher as potential SEC Chair candidates after Trump’s return to office.
The post Mike Novogratz Points to ‘Crypto Mom’ Hester Pierce, Robinhood CLO as Potential SEC Chair Contenders appeared first on Cryptonews. …

Bitcoin approaches $75,000 as Trump’s pro-crypto stance fuels market enthusiasm. Crypto stocks and altcoins rise, with optimism around potential regulatory easing.
The post Bitcoin Nears $75,000 as Trump’s Pro-Crypto Stance; What’s Ahead? appeared first on Cryptonews. …

Hut 8 Corp. is set to enhance its Bitcoin mining efficiency by acquiring 31,145 BITMAIN Antminer S21+ ASIC machines, expected to boost its self-mining hashrate by 66% and significantly improve energy efficiency starting in Q1 2025.
The post Bitcoin Miner Hut 8 Leverages New ASICs to Enhance Mining Efficiency appeared first on Cryptonews. …

Mark Cuban congratulated Donald Trump on November 6 for defeating Democratic pick Kamala Harris in the 2024 U.S. presidential election.
The post Billionaire Crypto Investor Mark Cuban Congratulates Donald Trump On Presidential Win appeared first on Cryptonews. …