Bitcoin Hits Record High Post-Election: Ether and Solana Surge Before FOMC
Bitcoin has reached a new all-time high, showing strong performance after Donald Trump's victory in the U.S. presidential election. The cryptocurrency is currently up 2.3% in the last 24 hours, trading at $76,600, driven...
Federal Reserve Cuts Rates, Bitcoin Price Hits Record High Amid Powell’s Assurance on Policy
The U.S. Federal Reserve recently made a decision to reduce its benchmark fed funds rate by 25 basis points to 4.5%-4.75%, in line with expectations from the market. This move follows similar actions taken...
Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts
Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
Trump Administration Eyes Robinhood Legal Chief for SEC Chair
The Trump administration is considering appointing Dan Gallagher, Robinhood's chief legal officer and former SEC commissioner, as the chair of the Securities and Exchange Commission (SEC). Gallagher is viewed favorably by crypto executives who...
October Dapps Revenue Surges to $164M: Adoption Growth Analysis
Decentralized applications (dApps) have seen a significant increase in revenue, reaching $164 million in October according to a report by Binance Research. This surge in revenue is a clear indicator of the growing adoption...
TRON DAO Launches TRON-Peg USD Coin: Borderless Transaction Solution
TRON DAO has recently introduced the TRON-Peg USD Coin, which serves as a borderless transaction solution on the TRON blockchain. This innovative cross-chain tool aims to simplify transactions across different platforms and enhance TRON's...
Bitcoin Developers Collaborate with StarkWare and Blockstream for Breakthrough Features in New Update
A group of Bitcoin developers from different teams have come together to make a significant breakthrough on the Bitcoin blockchain. They have found a way to add a type of programming called "covenants" that...
Competition Drives Blockchain’s Path to Dominance
In the world of finance, there are many misconceptions that often lead to misunderstandings. One common misconception is that traditional finance (TradFi) is highly centralized. However, the reality is that the global banking system...
Coinbase Launches Bitcoin Integration on Solana, Boosting DeFi Expectations
Coinbase recently launched cbBTC on the Solana blockchain, aiming to bring bitcoin to the decentralized finance (DeFi) ecosystem. This move is significant as bitcoin plays a crucial role in trading, lending, and borrowing on...
DEGEN L3 Migration Challenges: Conduit Standoff and Financial Losses
DEGEN L3 Migration Challenges: Conduit Standoff and Financial LossesDEGEN is facing obstacles in migrating DEGEN L3 to a new service provider due to issues with Conduit, which have resulted in financial losses and operational...