Tag: finance
Onchain Protocol Surpasses $100M in Value Locked with Bitcoin Whales Dominating Options Trading
Derive's Onchain Protocol Surpasses $100M in Value LockedIn a groundbreaking development in the world of cryptocurrency, Derive's onchain options market has recently soared past the $100 million mark in total value locked. This significant...
Bitcoin as Reserve Currency Criticized by Former US Treasury Secretary
Former US Treasury Secretary Larry Summers has stirred controversy with his recent comments criticizing the idea of Bitcoin becoming a national reserve currency. In an interview with Bloomberg, Summers dismissed the notion of a...
How the U.S. Election Has Positively Impacted Crypto Markets: Citi Analysis
Crypto Markets Soar as U.S. Election Impact Takes Center StageThe recent U.S. election has sent shockwaves through the crypto markets, with Bitcoin reaching a record high above $100,000. Citi's analysis highlights the crucial role...
Bitcoin Price Surges Following Positive U.S. Employment Report
Bitcoin Price Surges Following Positive U.S. Employment ReportThe U.S. employment picture rebounded in November, with the addition of 227,000 jobs, surpassing economists' expectations of 200,000. This surge follows weaker data in October, which was...
Cryptocurrency Price Update: BTC Decreases by 0.3% and ETH Increases by 1.4%
Cryptocurrency Market Update: BTC and ETH Price MovementIn the latest update on the cryptocurrency market, Bitcoin (BTC) has experienced a slight decrease of 0.3%, while Ethereum (ETH) saw an increase of 1.4%....
Sui Launches New Crypto-Finance Services Following $6 Million Funding
The Sui blockchain has been making waves in the DeFi ecosystem, with Suilend, one of its largest protocols, raising an impressive $6 million in funding. This funding, led by Tarun Chitra's Robot Ventures, is...
Bitcoin Price Plummets to $90,200 Resulting in $885M Liquidations
Bitcoin's Price Plummets, Resulting in $885M LiquidationsBitcoin, the flagship cryptocurrency, experienced a dramatic flash crash, plunging to $90,200 and causing over $885 million in liquidations. This sudden drop occurred just one hour ago, leaving...
Bitcoin Miners Profit from Price Surpassing $100,000 Milestone
Bitcoin miners are basking in unprecedented profits as the price of Bitcoin soars past the $100,000 milestone, marking a historic moment in the world of cryptocurrency. In the past week alone, Bitcoin miners have...
Bitcoin: Digital Gold vs Dollar Competitor – Powell’s Perspective
Bitcoin: Digital Gold vs Dollar Competitor - Powell's PerspectiveFederal Reserve Chairman Jerome Powell recently shared his perspective on Bitcoin, debunking the idea of it as a replacement for the U.S. dollar and instead likening...
Bitcoin Price Hits Historic $100,000 Level: 1,000 Satoshis Now Equal $1
Bitcoin has made history by surpassing the monumental $100,000 price level, marking a significant milestone in its journey. This achievement has propelled Bitcoin's market capitalization to an impressive $2 trillion, reshaping the global financial...
