Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more productive network. The increase in deployments highlights the potential for decentralized finance (defi) on Bitcoin and the innovative projects […] Source: https://news.bitcoin.com/bitcoin-layer-2-protocol-stacks-achieves-new-high-in-smart-contract-deployments/
Month: September 2024
Nigeria’s SEC to crack down on unregulated crypto exchanges
Nigeria’s SEC will enforce regulations on unregulated crypto businesses, protecting investors while encouraging innovation in the growing market. Source: https://cointelegraph.com/news/nigeria-sec-enforces-crypto-regulations-unregulated-transactions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of onchain tools are needed for wider ETF adoption. Source: https://cointelegraph.com/news/bitcoin-etfs-more-time-instrument-of-adoption-bianco-research-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Woo X Introduces Social Trading With Ability to Hedge Against Leading Traders
Woo X, a crypto futures and spot trading platform, has launched its new social trading product, featuring a counter trading feature. This tool allows users to hedge against lead traders, offering additional opportunities for profit in varying market conditions. The platform also introduces a fair profit-sharing model, ensuring users only share profits when truly in […] Source: https://news.bitcoin.com/woo-x-introduces-social-trading-with-ability-to-hedge-against-leading-traders/
Bitcoin ETFs record combined $1.2B in outflows in 8 days
Despite the outflows, crypto ETFs outshined the over 400 new ETFs in 2024, with the four biggest launches being spot Bitcoin ETFs. Source: https://cointelegraph.com/news/bitcoin-etfs-1-2-billion-outflows-8-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United States because we are going to impose a 100% tariff on your goods.” These statements come months after reports indicated that […] Source: https://news.bitcoin.com/trump-threatens-countries-leaving-the-u-s-dollar-with-100-tariffs/
Is crypto entering a bear market? — 5 Things to know in Bitcoin this week
Bitcoin and crypto institutional product outflows underscore what is becoming a standard September for BTC price performance. Source: https://cointelegraph.com/news/is-crypto-entering-a-bear-market-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Big sybil hunt’ and durable users helped LayerZero airdrop succeed, says CEO
LayerZero’s native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time. Source: https://cointelegraph.com/news/big-sybil-hunt-durable-users-helped-layer-zero-airdrop-succeed-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of on-chain tools are needed for wider ETF adoption. Source: https://cointelegraph.com/news/bitcoin-etfs-need-more-time-instrument-of-adoption-bianco-research-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Martin Shkreli’s claim he forfeited all copies of Wu-Tang album ‘dubious,’ says PleasrDAO
PleasrDAO claims Martin Shkreli hasn’t handed over all existing copies of a one-of-one Wu-Tang album, alleging he publicly boasted about giving copies to “like, 50 different chicks.” Source: https://cointelegraph.com/news/pleaserdao-alleges-martin-shkreli-might-still-have-wu-tang-album-copies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound