Tag: Business

news-08112024-213529

MakerDAO Community Votes to Proceed with Sky Rebrand Despite Centralization Concerns

The MakerDAO community has made a decision to move forward with the Sky rebrand despite concerns about centralization. In a recent vote, it was revealed that 79.3% of participants supported keeping the Sky brand...
news-08112024-153532

Trump Family-Backed Crypto Project: $1M ETH Gain After Token Sale

World Liberty Financial, a decentralized finance (DeFi) project supported by the Trump family, has seen a substantial $1 million increase in unrealized gains following a quiet token sale last month. The company had to...
news-08112024-153501

Bitcoin Price Surge: Cardano Up 16%, Bitcoin to Hit $100K Post Fed Rate Cut

Cardano's ADA has seen a significant 16% surge in the past 24 hours, driven by overall market increases, renewed interest in decentralized finance, and a growing appeal to retail investors. This surge comes as...
news-08112024-153430

D.O.G.E Memecoin Surges 100% with Elon Musk’s Trump Connection

A parody cryptocurrency named D.O.G.E memecoin has seen a significant 100% surge in value over the past 24 hours, leading to an increase in trading volumes and demand. This surge can be attributed to...
news-08112024-153324

Brian Armstrong endorses Hester Peirce for SEC Chair: A Boost for Crypto Regulatory Clarity

Coinbase CEO Brian Armstrong recently expressed his strong support for the appointment of Hester Peirce as the new Securities and Exchange Commissioner (SEC) during President Donald Trump's second term. Armstrong praised Peirce's intelligence, fairness,...
news-08112024-153251

Blockchain’s Impact on AI Trust and Ethics Revolution

Max Li, the Founder and CEO of OORT, recently discussed the impact of blockchain on AI trust and ethics in a SlateCast episode with CryptoSlate’s Editor-in-Chief, Liam “Akiba” Wright, and CEO Nate Whitehill. Li...
news-08112024-093347

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...
news-08112024-093312

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...
news-08112024-093236

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...
news-08112024-093201

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...