The goal is to create an onchain product that generates yield on Bitcoin, according to Solv’s co-founder. Source: https://cointelegraph.com/news/solv-launch-onchain-microstrategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Ethereum layer-2 volumes rose by 70%— Will they eclipse Solana
A notable surge in activity puts analysts’ eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana? Source: https://cointelegraph.com/news/ethereum-layer-2-volumes-rose-by-70-will-they-eclipse-solana?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP Rockets Towards $2 as Bullish Momentum Surges
XRP has witnessed an impressive surge, climbing 16.4% in the last 24 hours to reach $1.72. This rally positions XRP as the fifth-largest cryptocurrency by market capitalization, with bullish trends evident across all timeframes. XRP On the daily chart, XRP exhibits a robust uptrend, having risen from $0.50 to $1.72 in a parabolic movement this […] Source: https://news.bitcoin.com/xrp-rockets-towards-2-as-bullish-momentum-surges/
Price analysis 11/29: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX, TON, SHIB
Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins. Source: https://cointelegraph.com/news/price-analysis-11-29-btc-eth-sol-bnb-xrp-doge-ada-avax-ton-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Elixir taps Curve to bring BlackRock's BUIDL to DeFi
Token holders can mint deUSD against BUIDL, BlackRock’s onchain money fund, and swap on Curve, a popular DEX. Source: https://cointelegraph.com/news/curve-blackrock-partner-buidl-de-fi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Central banks favor legacy instant payment systems over CBDCs
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions. Source: https://cointelegraph.com/news/central-banks-favor-legacy-instant-payment-systems-over-cbdcs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH to $4K before Trump inauguration, Dogecoin flips Porsche: Finance Redefined
Ether’s price is set for a boost above $4,000 as Trump prepares to take office on Jan. 20, which also marks the last day of work for SEC Chair Gary Gensler. Source: https://cointelegraph.com/news/eth-4-k-trump-inauguration-dogecoin-flips-porsche-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hype overshadowed adoption, but valuable projects continue
Despite the hype cycle, blockchain technology continues to make strides in real-world applications, from tokenizing assets to enhancing record-keeping and data privacy. Source: https://cointelegraph.com/news/hype-overshadowed-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana DeFi Exchange Jupiter Will Revise Airdrop Plan After Voters Reject $1.6 Billion in Rewards
Solana decentralized exchange (DEX) Jupiter will revise its airdrop plan after a governance proposal did not reach a 70% supermajority, which would have led to $1.6 billion worth JUP being airdropped to users of its platforms across multiple waves. Earlier this week, a Jupiter DAO proposal penned by pseudonymous Jupiter co-founder Meow went live for voting, letting token holders determine…
Justin Sun Abandons Plan to Buy 100,000 Bananas After Art Auction Backlash
It turns out there’s not much money in the banana stand. After purchasing a duct-taped banana at auction for $6.24 million last week, crypto billionaire Justin Sun announced he would reward the banana’s original vendor—a Manhattan fruit merchant who parted ways with it for 25 cents—by offering to buy 100,000 additional bananas from the man’s sidewalk stand. But shortly thereafter,…