Global

As the 2024 U.S. presidential election results inch closer, the cryptocurrency market is buzzing with activity—not just from Bitcoin and Ethereum, but from a growing wave of politically-themed memecoins.

In a dramatic and hard-fought election, Donald Trump has emerged victorious in the 2024 U.S. presidential race, officially securing the required 270 electoral votes to win a second term.

Bitcoin has reached new heights, breaking its previous all-time high with a jaw-dropping surge to $75,656, according to Coinglass. The largest cryptocurrency stunned the market by taking a sharp 9.4% rise over the last 5 hours, defying expectations and taking the market by surprise.

In October, two major players in the Bitcoin mining industry—Marathon Digital and Riot Platforms—reported strong Bitcoin production numbers, marking their highest monthly outputs since the Bitcoin halving event in April 2024.

P2P.org, a leading operator within the EigenLayer ecosystem, has launched Season 2 of its Airdrop program, distributing a whopping 828 ETH (approximately $2.2 million) to loyal delegators who have supported EigenLayer.

At the Second Gulf Investment Forum held in Bahrain on November 3, 2024, Binance founder Changpeng Zhao (CZ) announced significant strides in the kingdom's evolving relationship with cryptocurrencies.