EPISODE · Nov 7, 2024 · 7 MIN
Senator pushes for a strategic Bitcoin reserve, Paws pounces on Hamster Kombat's crown
from Rise’n’Crypto · host Сointelegraph
The Donald Trump election victory continued to rally markets over the past 24 hours, with Bitcoin clocking another all-time high at $76,480. Spot Bitcoin ETFs were right there in the action, seeing a huge $6B in trading volume, but oddly, after doing over $1B in volume in the first 20 minutes, BlackRock's iShares Bitcoin Trust posted outflows. Elsewhere, Senator Cynthia Lummis immediately began pushing for a US strategic Bitcoin reserve, but even with Trump, it'll be tricky to implement. And finally, Hamster Kombat hemorrhages users as the Paws Mini App on Telegram makes a move for the crown.Further reading:Bitcoin preps FOMC reaction as BTC price coils below new $76.5K recordBlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B tradedBlackRock Bitcoin ETF sees $1B volume in first minutes of post-election tradingSenator Lummis’ Bitcoin reserve proposal faces uphill battleHamster Kombat loses 86% of users as Paws Mini App soars on TelegramRise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
What this episode covers
The Donald Trump election victory continued to rally markets over the past 24 hours, with Bitcoin clocking another all-time high at $76,480. Spot Bitcoin ETFs were right there in the action, seeing a huge $6B in trading volume, but oddly, after doing over $1B in volume in the first 20 minutes, BlackRock's iShares Bitcoin Trust posted outflows. Elsewhere, Senator Cynthia Lummis immediately began pushing for a US strategic Bitcoin reserve, but even with Trump, it'll be tricky to implement. And ...
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Senator pushes for a strategic Bitcoin reserve, Paws pounces on Hamster Kombat's crown
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