Tag: Business
Fair Revenue Sharing Proposal by Wintermute for Ethena Protocol
Wintermute, a crypto market maker, has put forth a proposal to introduce a fee switch in the Ethena protocol. This proposal aims to address the lack of transparency surrounding revenue distribution for ENA token...
Bitcoin Price Surges Over $75K Amid Trump’s Early Voting Domination
Bitcoin's price surged over $75,000 on various crypto exchanges in Asia as favorable election results for Republican Donald Trump began to come in. Trump's odds of winning the U.S. presidency on the Polymarket betting...
Bitcoin Surges 10% Against Mexican Peso Amid ‘Trump Trade’ Boost; Gold Stable
Bitcoin has seen a significant surge against the Mexican Peso (MXN) due to the "Trump trade" boost. The Republican candidate, Donald Trump, has expressed his intention to impose tariffs on Mexico, leading to a...
Solana Price Surges 17% and Surpasses BNB Chain Token Amid Renewed ETF Speculation by...
Solana's SOL token saw an impressive 17% price surge in just 24 hours, driven by the growing anticipation of a Solana ETF being approved. This optimism stems from the recent filings made by Cboe...
Record Levels of Polymarket Open Interest Surged on Election Day
Polymarket experienced a surge in open interest to a record high of $463 million on Election Day as users bet on the race between former President Donald Trump and Vice President Kamala Harris. This...
Bitcoin Hits All-Time High as Trump’s Polymarket Odds Surge to 97%
Bitcoin has made headlines once again by reaching a new all-time high of $74,870.20, showcasing its continued growth and popularity in the financial market. This surge in price comes at the same time as...
Risks of MicroStrategy’s $42B Bitcoin Acquisition Plan: CoinShares Analysis
MicroStrategy's recent announcement of their plan to acquire $42 billion more worth of bitcoin has garnered attention, but according to a report by CoinShares, there are risks associated with this ambitious strategy. The company's...
Capitalizing on U.S. Election Frenzy: Memecoin Creators Launch Thousands of New Tokens
The U.S. election has brought attention to bitcoin and the Polymarket betting platform, but it has also sparked a frenzy in the memecoin market. In the last 24 hours, thousands of election-themed tokens have...
Crypto’s Impact on the 2024 U.S. Election: Real-Time Updates
The 2024 U.S. Election is unfolding with significant implications for the crypto industry. As the results come in, there are key updates on the candidates and their positions on digital assets.Democratic Senator Elizabeth Warren,...
Understanding Ethereum’s ‘Hardness’: Josh Stark of Ethereum Foundation on ETH’s Recent Performance
Ethereum, a popular cryptocurrency, has recently experienced a significant drop in value compared to Bitcoin. Josh Stark, a contributor to the Ethereum Foundation, discussed the concept of "hardness" in relation to Ethereum's performance in...