Musk, crypto leaders back Poilievre as Trudeau announces exit
Many in the crypto industry back pro-Bitcoin candidate Pierre Poilievre, who has an 89% chance of winning Canada’s upcoming election, according to Polymarket.
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Bittrex Launches Malta-Based ‘International’ Trading Platform, Minus U.S. Customers
Bittrex International is launching a digital trading platform that will feature a “streamlined” token approval process and focus on international customers, the company’s blog revealed Monday, Oct. 29.As per the release, new tokens will be approved and listed on the platform “within weeks instead of months.”The new platform will operate within the regulatory framework established…

‘Vast majority’ of ETF flows could be driven by arbitrage: Raoul Pal
Retail investors are not a “key driver” of spot Bitcoin ETFs, with a majority of inflows coming from arbitrage trading hedge funds, according to Raoul Pal.

IBM Offers Blockchain Solution for Casual Labor Contracts
Tech giant IBM is developing a new blockchain product that will automate the reconciliation of casual labor contracts.Technology news site CIO reported on Feb. 3 that IBM considers the blockchain particularly well-suited to tackling the pain point for businesses of resolving discrepancies across thousands of casual work contracts.A casual work contract — sometimes known as…

Bitcoin rewards app Lolli closes $10M investment round
Acrew Capital, Lolli’s primary backer during the raise, said the app is well positioned to boost Bitcoin adoption in the long run. 440 Total views 259 Total shares Popular Bitcoin (BTC) rewards app Lolli has received fresh backing from venture funds and other investors as it plans to scale its services to a wider audience. On…

Bitcoin price hits $17K on US PPI as trader warns of ‘final capitulation’
Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Good” PPI boosts risk assetsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came closer to multi-day highs.Volatility had returned an hour before the open…

M2 money supply 'holds the key' for Bitcoin's next move — Market analyst
The growth of the money supply is historically correlated with previous Bitcoin price bull runs.

US law protects institutions and exposes retail investors — Rep. Torres
On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges.Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling makes it clear that the U.S. Securities and Exchange Commission’s (SEC) theory that…

Bitcoin analysts converge on a breakout in September — But is $86K possible?
Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500.