Blockchain gaming is reaching a new stage of maturity, with increasing numbers of players accessing games more seamlessly, according to an organization focused on advancing the technology in the gaming sector. However, there are shifts in the sector that could create dramatic shifts as traditional gaming developers come into play. The changing tides coincide with major studios like Sony and…
Month: December 2024
El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal
El Salvador’s struck a loan deal with the IMF and will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects. Source: https://cointelegraph.com/news/el-salvador-bitcoin-payment-voluntary-imf-loan-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fed Rules out BTC Reserves: ‘We’re Not Allowed to Own Bitcoin’
Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions, as U.S. crypto policies and market dynamics rapidly shift. Why the Federal Reserve Can’t—and Won’t—Hold Bitcoin Anytime Soon Federal Reserve Chair Jerome Powell reiterated the central bank’s stance on bitcoin during a press conference Wednesday, following a rate […] Source: https://news.bitcoin.com/fed-rules-out-btc-reserves-were-not-allowed-to-own-bitcoin/
HTX DAO’s “Confidence Journey” Second Stop a Success: Partnering with DOGE Community to Build an Open and Inclusive Crypto Ecosystem
PRESS RELEASE. The second stop of HTX DAO’s “Confidence Journey” in China concluded successfully on December 13, 2024. The event, hosted by HTX DAO and co-organized by the SUNDOG Community, Balance, and HTX, featured prominent figures like Jiang En, founder of the China DOGE Association; Cheng Qian from the DOGE community; and Molly, spokesperson for […] Source: https://news.bitcoin.com/htx-daos-confidence-journey-second-stop-a-success-partnering-with-doge-community-to-build-an-open-and-inclusive-crypto-ecosystem/
Bitcoin, Crypto Eye Recovery as Analysts Bet on Resilience Despite Fed’s Hawkish Pivot
Crypto and broader equities fell sharply Wednesday as traders attempted to divine next year’s outlook following a hawkish pivot from the U.S. central bank. While the 25 basis point cut delivered by the Federal Reserve on Wednesday was largely priced in, concerns flared as the bank signaled interest rates may not go down again anytime soon. During a press conference,…
Binance SOL Liquid Staking Token Surpasses $1 Billion in Total Value Locked
Binance’s BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $1 billion. BNSOL Hits $1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token. The token recently crossed $1 billion in total value locked (TVL), representing more than 10% of the market cap of all […] Source: https://news.bitcoin.com/binance-sol-liquid-staking-token-surpasses-1-billion-in-total-value-locked/
Bitcoin Slides to a Low of $100,227 Following Federal Reserve Rate Cut
Bitcoin (BTC) experienced a sharp decline today, dropping from $105,500 to $100,227 after the U.S. Federal Reserve announced a quarter-point reduction in the benchmark interest rate. The sudden market movement left many traders reeling as bitcoin’s value hovered between $100,900 to $101,150 per coin by press time. Derivatives Liquidations Soar as Bitcoin Falls The latest […] Source: https://news.bitcoin.com/bitcoin-slides-to-a-low-of-100227-following-federal-reserve-rate-cut/
Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook
Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve’s hawkish 2025 outlook on inflation. Source: https://cointelegraph.com/news/bitcoin-price-drops-to-100-3-k-after-fed-rate-cut-and-powell-s-revised-2025-inflation-outlook?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Synthetix launches multi-collateral perps on Base amid revamp
The DeFi protocol also launched an in-house perpetuals trading app. Source: https://cointelegraph.com/news/synthetix-launches-multi-collateral-perps-trading-base?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase Can Delist Wrapped Bitcoin Amid BiT Global Challenge, Judge Rules
A federal judge denied BiT Global’s request for a temporary restraining order Wednesday, finding that the Hong Kong-based firm failed to show an imminent and irreparable harm that would come from Coinbase’s plans to soon delist WBTC, or Wrapped Bitcoin. “Ultimately, I have no evidence from you about what is to come,” U.S. District Judge Araceli Martínez-Olguín told BiT Global’s…