Tag: New York

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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...
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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...
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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...
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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...
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US Election Results: 220 Pro-Crypto Candidates Win, Elizabeth Warren Keeps Seat with $75k Bitcoin

In the ongoing US elections, there has been a notable increase in the number of pro-crypto candidates winning seats, signaling a potential shift in legislative attitudes towards digital asset regulation. According to Stand With...
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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...
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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...
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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,...
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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...
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Stablecoins: The Key to Global Trade Stability

Circle CEO Jeremy Allaire believes that stablecoins have the potential to revolutionize global trade and enhance efficiency in emerging markets. Speaking at the Hong Kong FinTech Week 2024, Allaire emphasized the role of stablecoins,...