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Bitcoin hit a record Thursday, topping $95,000 for the first time as it benefits from expectations that president-elect Donald Trump will push through measures to ease regulation of the unit. The digital currency reached $95,004.50 in early Asian trade, with observers expecting it to soon reach $100,000.

Bitcoin experienced minor selling pressure over the weekend, dropping to $88,700 before quickly recovering to its current level of $91,000. While Bitcoin ETFs saw another week of inflows exceeding $1 billion, Ethereum ETFs also gained momentum, attracting $515 million in inflows over the past week As of 11:54 am IST, Bitcoin was up 0.5%, trading at $90,986, while Ethereum gained 0.65% to $3,130 in the last 24 hours.

Donald Trump headed back to the White House after an election in which candidates backed by the crypto industry overwhelmingly won seats in Congress, the stage appears set for a rush of digital-asset mergers. A half-dozen mergers advisers and venture capitalists interviewed by Bloomberg News after Trump’s emphatic victory said they expect a sharp pickup in activity next year. They cited expectations that Trump will follow through on his pledge to remove US Securities and Exchange Commission Chair Gary Gensler, who’s led a years-long crackdown on the industry, as well as for more favorable legislation.

Donald Trump's historic US presidential election victory and the Federal Reserve's 25 basis point interest rate cut. The largest cryptocurrency by market value reached $76,943 in early trade on Friday, surpassing its previous high of $76,460. As of 11:46 am IST, Bitcoin was trading 1.9% higher at $76,043, while Ethereum rose 3.5% to $2,922.

Bitcoin, BNB, Solana, Tron, and Near Protocol gained up to 4.8%, while Ethereum, Dogecoin, Toncoin, Cardano, Shiba Inu, Avalanche, and Chainlink faced losses of up to 4.2%. The global cryptocurrency market cap rose by 0.13%, reaching approximately $2.31 trillion over the last 24 hours.

Bitcoin dropped 1.6% to $64,450, while Ethereum declined below the $2,650 level. The downturn in global markets was fueled by ongoing conflict in the Middle East, with continued Israeli attacks in Lebanon adding to geopolitical uncertainty. Additionally, investors remain cautious ahead of key U.S. economic data releases this week, including the payroll report, which could influence the Federal Reserve’s decision on another interest rate cut in November.

Delta Exchange, trading expert Saketh Ramakrishna shared crucial insights on why trading psychology often outweighs the importance of strategy in the volatile world of crypto trading. While strategies and techniques can be learned, it’s a trader’s mindset that ultimately determines long-term success. During the session, Saketh emphasised that while many traders focus on mastering strategies, it’s the psychological resilience and discipline that truly set apart successful traders from those who struggle in the market. He highlighted that 93% of traders fail to survive in the market beyond two years, often due to emotional decisions rather than poor strategy.

WazirX’s recent security breach, which saw the theft of approximately $230 million, the exchange’s decision to distribute the loss among all users has sparked intense criticism. Sumit Gupta, Co-Founder of CoinDCX, has condemned the move, labeling it as “utter nonsense.” Sumit Gupta voiced his criticism on X (formerly known as Twitter), stating, «The first contribution to losses should ALWAYS come from the Company (i.e. WazirX in this case) and the treasury and assets the company holds. I have not seen any such commitment around this from the company side, instead making customers directly absorb the 45% losses is utter nonsense. The poll options are also framed in a manner to protect the business first and not the customers.»

crypto community is preparing for the upcoming Bitcoin halving event, where, as the name suggests, Bitcoin rewards will be cut in half. When it comes to the halving date, there are no fixed calendar dates, but it typically occurs approximately once every four years. Current estimates suggest that the next halving will take place sometime late Friday or early Saturday.

Bitcoin introduced the concept of cryptocurrency to the world in 2009 and its subsequent role as a virtual asset was completely unintentional. When investors saw tremendous scope in Bitcoin as an asset class, its trading valuation heavily depended on the fact that its total quantity was fixed at 21 million. The price of Bitcoin has another important factor influencing it — the mining rewards. In layman's terms, the miners who are needed to validate Bitcoin transactions are “rewarded” for their efforts with Bitcoins itself. This is the only way new bitcoins or BTC are made available in the system. Since the first BTC(genesis) was mined in 2009, it has had three halving events. What this means is that the mining rewards are halved, leading to a halving of the new supply of BTC. In 2009 from 50 BTC as reward, it halved to 25 BTC when the first halving happened in 2012. It is currently at 6.25 BTC after the 2016 and 2020 halving events. The upcoming 2024 event expected shortly will reduce this to 3.125 BTC. BTC will continue halving till 2140

Bitcoin has shown resilience, rebounding to the $67,000 mark after the Federal Reserve's decision to maintain key interest rates for the fifth consecutive meeting. However, this upward trajectory was short-lived as Bitcoin promptly retreated to the $65,000 level, spurred by a strengthening US dollar possibly catalyzed by the Swiss Central Bank's decision to reduce interest rates by 25 basis points. Additionally, the outflows on Bitcoin spot ETFs especially from Grayscale’s GBTC rose contributing to the downward trend. Despite these temporary setbacks, Bitcoin has managed to sustain itself above the critical $60,000 threshold, showcasing impressive growth of 26% over the past month and a staggering 133% over the past year. The next support level would be around $64,000, with resistance expected at $67,300. Concurrently, Ethereum hovers around the $3,500 mark, with bullish sentiments aiming to reclaim levels above $3,600, potentially triggering an upward trend.

Bitcoin raced to an all-time peak above $72,000 Monday as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. The virtual unit struck $72,234 as dealers also eyed an upcoming industry event that traditionally boosts bitcoin's price.

challenges the very foundations of traditional finance. As we navigate this complex landscape, one question persists: Can cryptocurrencies truly reshape the future of finance and payments or are they merely another fleeting trend in the vast sea of technological advancements?Shattering financial norms Cryptocurrencies provide a solution to the limitations of traditional financial systems in our increasingly borderless world. Foreign exchange fees, long transfer times, and high transaction costs have long been pain points for businesses and individuals alike. While conventional wire transfers can take up to 5 days to settle, cryptocurrencies like Ethereum, Stellar, and Solana offer transaction times ranging from mere seconds to a few milliseconds. This enhanced speed not only improves business flexibility but also facilitates improved cash flow. Transaction fees further exacerbate the challenges faced by businesses operating in traditional financial systems.

Cryptocurrencies slumped across the board after the US Securities and Exchange Commission accused Binance Holdings Ltd. of mishandling funds and lying to regulators. In the lawsuit, the SEC also alleged that certain tokens — including Solana, Cardano, Polygon, Filecoin, Cosmos, Sandbox, Decentraland, Algorand, Axie Infinity, and COTI — that traded on Binance.com and Binance. US were offered and sold as securities, a move that could have wide implications for other exchanges that offer these tokens. Solana fell as much as 13%, while Cardano dropped 8%, Polygon slipped 6% and Filecoin slumped 10%.Bitcoin fell as much as 6.5% to $25,491, the least since April, as of 12:50 p.m. in New York. Binance Coin, the native token of the ecosystem of the world’s biggest digital asset exchange, slumped as much as 13%.

Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency built on its best week in four years. The biggest cryptocurrency rose as far as $28,567, its highest since mid-June, and was last up 0.9%, amid growing expectations that central banks would slow the pace of interest rate hikes. Bitcoin rose 26% last week, its best weekly gain since April 2019, and has soared some 40% in 10 days as turmoil in the banking sector rippled around the globe — culminating, so far, in UBS Group's takeover of rival Credit Suisse Group AG over the weekend. Traditional assets such as banking stocks and bonds plummeted on Monday after UBS sealed its state-backed takeover of Credit Suisse, a deal orchestrated in an attempt to restore confidence in a battered sector.

smart contracts, via, blockchains like Ethereum, and others, have brought a new twist into that logic.Smart contracts: DefinedAlthough the term has always been considered coined by and a part of blockchain technology, the term Smart Contracts was coined, some 20 years ago, by a cryptographer named Nick Szabo. The purpose of coinage was to introduce “highly evolved” practices of contract law and related business practices in, and in conjunction with the design of electronic commerce protocols between strangers on the Internet. In blockchain technology however, a Smart Contract is essentially a computer protocol that can self-execute, self-enforce, self-verify, and self-constraint during the performance of an automated contract. Though rapidly evolving, classic smart contract implementation examples include the ICOs and Crypto Kitties. Aside from its legal impact and perhaps a replacement with legal contracts, smart contracts can certainly lessen the burden and the complexity of writing a new contract. Instead one can include these as terms of a smart contract between two parties automatically.

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