Spot Bitcoin ETF recorded a new all-time high of over $1.37 billion in net inflows a day after Trump’s victory. Source: https://cointelegraph.com/news/bitcoin-nears-77k-investor-confidence-post-us-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions
PRESS RELEASE. Geneva, Switzerland, November 7, 2024 – TRON DAO has officially launched the TRON-Peg USD Coin on the TRON blockchain, an innovative cross-chain solution designed to streamline borderless transactions and broaden TRON’s stablecoin ecosystem. By facilitating seamless and efficient cross-chain transfers, TRON-Peg USD Coin expands the possibilities for users to leverage USDC across the […] Source: https://news.bitcoin.com/tron-dao-unveils-tron-peg-usd-coin-a-new-gateway-to-borderless-transactions/
Solana Tops $200 for First Time Since April, Following Trump Reelection
Solana, the fourth largest cryptocurrency by market capitalization, has exceeded $200 for the first time since April. This comes after Donald Trump won the U.S. Presidential election setting off green candles throughout crypto markets and prompting the SOL trenches to go into overdrive. Solana (SOL) has climbed 7.5% on the day and 21.1% over the past week, according to CoinGecko,…
DeFi needs regulation to drive adoption — Web3 exec
Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe. Source: https://cointelegraph.com/news/decentralized-finance-regulation-agne-linge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase Launches Wrapped Bitcoin Token on Top of Solana
Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with it, we’re excited to bring easy access to BTC.” Coinbase partnered with […] Source: https://news.bitcoin.com/coinbase-launches-wrapped-bitcoin-token-on-top-of-solana/
3 signs Shiba Inu (SHIB) is this bull market's 'sleeping giant'
Is SHIB price ready for a 90% price surge in early 2025? Technicals and chart fractals suggest that Shiba Inu is poised for a massive rally. Source: https://cointelegraph.com/news/3-signs-shiba-inu-bull-market-sleeping-giant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
High-risk DeFi loans surge after US election as crypto market rallies
High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million. Source: https://cointelegraph.com/news/high-risk-defi-loans-surge-us-election-crypto-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000
A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $30,000 to the federal government. The latest court decision came just a few months after other crypto firms, Paparaxy Global Ventures […] Source: https://news.bitcoin.com/nigerian-crypto-crackdown-two-more-firms-convicted-forced-to-cough-up-30000/
How high can Bitcoin price go before Trump's inauguration?
Several Bitcoin price analysts see BTC trading between $100,000 and $200,000 just before and after Trump’s inauguration. Source: https://cointelegraph.com/news/how-high-can-bitcoin-price-go-before-trump-inauguration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
California revokes BlockFi’s lending license 2 years after bankruptcy
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices. Source: https://cointelegraph.com/news/california-revokes-blockfi-license-2-years-bankruptcy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound