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BTC spot trading volume on centralized exchanges peaks, temporarily topping $90,000 BTC

The November U.S. presidential election led to a significant increase in BTC and USDT deposits on centralized exchanges (CEXs), with BTC spot trading volume reaching its highest level since March. Around 26,000 BTC was deposited into Binance during the election. During the same period, Coinbase saw the highest liquidity of any exchange in the U.S., with a total of 44,000 BTC inflows.

Meanwhile, Bitcoin briefly broke above $90,000 on Coinbase, with CoinDesk reporting that “$90,000 is a short-term resistance level, and within minutes of breaking above $90,000, the price reversed and fell to $8.85 million. The decline was driven by selling pressure.” Currently, BTC is trading up 0.07% at $87,773.09 on CoinMarketCap.

Trump nominates 'Crypto Proponent' Howard Lutnick as Commerce Secretary, while US SEC chairman struggles to narrow down candidates to four.

US President-elect Donald Trump has nominated US investment bank Cantor Fitzgerald CEO Howard Lutnick to serve as Secretary of Commerce, according to the Wall Street Journal (WSJ). Lutnick is an avid supporter of Bitcoin and Tether (USDT), with Cantor Fitzgerald reportedly serving as Tether's U.S. Treasury bond

blockchain crypto cryptocurrency IBIT Option hit 1.9B first day od trading (SpotedCrypto)

BlackRock IBIT Options Hit $1.9 Billion in First Day of Trading, Grayscale Begins Trading on November 20th.

Bloomberg ETFs analyst James Seyffart reports via X that “Options volume on BlackRock's bitcoin spot ETF IBIT, which began trading today (Nov. 19), was about $1.9 billion. A total of 35.4 million contracts were active, of which 28.9 million were calls (82%) and 65,000

blockchain crypto cryptocurrency Aethir support the development of 10M with XPLA (SpotedCrypto)

Aethir Partners with XPLA to Support $10 Million in Web3 Game Development

Aethir, a decentralized GPU infrastructure platform, announced today that it has launched a program to support the development of AI-powered triple-A games in collaboration with Comatus Holdings' blockchain mainnet XPLA. The program is worth a total of $10 million and is designed to discover web3 games that leverage AI

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