Some tokenholders are expressing doubts about the proposal’s profitability for the DeFi lending protocol. Source: https://cointelegraph.com/news/aave-community-mull-bitcoin-mining?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Coinbase Restarts Bitcoin-Backed Loans via Ethereum Network Base
Coinbase is rolling out Bitcoin-backed loans nearly two years after it discontinued its Borrow service, right as the world’s oldest cryptocurrency is soaring to new heights. Customers can borrow up to $100,000 in USDC stablecoin instantly through the firm’s centralized exchange platform, Coinbase said Thursday in a statement. The lending services will be powered by Morpho, a popular lending protocol…
Wyoming Senator Demands Answers on US Marshals’ Bitcoin Sale Plans
This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions. Government Bitcoin Sale Questioned by Wyoming Senator In a letter addressed to U.S. Marshals Service Director Ronald Davis, Senator Cynthia Lummis scrutinized the agency’s track […] Source: https://news.bitcoin.com/wyoming-senator-demands-answers-on-us-marshals-bitcoin-sale-plans/
Trump’s potential Treasury secretary pick ‘sees no reason’ for US CBDC
The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks. Source: https://cointelegraph.com/news/donald-trump-treasury-secretary-digital-dollar-cbdc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP key price metric up by 300% in 2025 as the altcoin hits new all-time highs
XRP’s open interest has increased by $6 billion since the start of the month as the altcoin soared to new all-time highs. Source: https://cointelegraph.com/news/xrp-key-price-metric-up-by-300-in-2025-as-the-altcoin-hits-new-all-time-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Next Stop, $1 Trillion’: Uniswap Celebrates $500B in L2 Volume
On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly evolved, expanding […] Source: https://news.bitcoin.com/next-stop-1-trillion-uniswap-celebrates-500b-in-l2-volume/
Solana ETFs may take until 2026: Bloomberg Intelligence
With lawsuits still pending over Solana’s classification as a security, SOL ETFs will likely have to wait until next year for their debut. Source: https://cointelegraph.com/news/solana-etfs-unlikely-before-2026-bloomberg?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
George Soros’ Reflexivity Theory Explains Why Altcoins Swing Harder Than Bitcoin: Analyst
Ever wonder why so-called altcoins appear more sensitive to macroeconomic data than Bitcoin? According to Matt Mena, a crypto research strategist at the Swiss-based asset manager 21Shares, traders can look to George Soros, the American investor and philanthropist who famously broke the British pound back in 1992. Soros began developing his theory of reflexivity in the 1950s, and while the…
Bitcoin price will hold $100K for good after three key events take place
Bitcoin struggles to hold $100,000, but this could change once regulations shift and institutional adoption becomes even easier. Source: https://cointelegraph.com/news/bitcoin-price-will-hold-100-k-for-good-after-three-key-events-take-place?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kraken’s Top Lawyer Marco Santori Steps Down, Calls Regulators ‘Lovely People’
Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration. Kraken’s Chief Legal Officer Calls It Quits After Five Years Marco Santori, chief legal officer at cryptocurrency exchange Kraken announced his resignation on […] Source: https://news.bitcoin.com/krakens-top-lawyer-marco-santori-steps-down-calls-regulators-lovely-people/