Juan Carlos Reyes, president of the Digital Assets National Commission in El Salvador, recently highlighted the work behind the scenes to incentivize and prepare the nation for higher cryptocurrency adoption levels. During an interview, Reyes declared: “If you look at the bigger picture… you only see glimpses.” Reyes stated that even foreign companies that are […] Source: https://news.bitcoin.com/president-of-digital-assets-commission-el-salvador-is-just-showing-glimpses-of-whats-coming/
Category: News
Cardano price risks erasing 40% of 'Trump Trade' gains by December
ADA is nearing the apex of its prevailing rising wedge pattern, which points to a potential breakdown toward $0.513 by the end of December. Source: https://cointelegraph.com/news/cardano-price-risks-40-trump-trade-gains-december?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cyvers launches institutional crypto security tool for $4B vulnerability
Cyvers and Station70’s solution uses an AI-powered real-time threat detection system to protect institutional-grade crypto transfers, aiming to bolster mass adoption. Source: https://cointelegraph.com/news/cyvers-station70-secure-signers-industrial-crypto-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana’s record $318B transfer volume ‘bot driven’ — Will SOL price suffer?
Solana activity hits record highs on multiple metrics, but data reveals its performance could be inorganic. Source: https://cointelegraph.com/news/solana-record-318b-transfer-volume-bot-driven-wsol-price-suffer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025
South Korea’s Democratic Party argued that increasing the threshold to 50 million won ($36,000) would mean only big players would be affected. Source: https://cointelegraph.com/news/south-korea-crypto-tax-2025-resolution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gemini Foundation Launches BOME, GOAT, MEW, PNUT, and POL Perpetual Contracts With Up to 100x Leverage
The Gemini Foundation, a non-US derivatives platform operated by Gemini, has announced the addition of five new perpetual contracts to its trading platform, allowing users to trade BOME, GOAT, MEW, PNUT, and POL contracts with leverage of up to 100x. While these derivatives products are accessible in select jurisdictions worldwide, they are not available to […] Source: https://news.bitcoin.com/gemini-foundation-launches-bome-goat-mew-pnut-and-pol-perpetual-contracts-with-up-to-100x-leverage/
Savvy memecoin trader makes $988K in 3 hours despite rug pull
Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility. Source: https://cointelegraph.com/news/savvy-memecoin-trader-earns-988k-despite-rug-pull?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor to Present Bitcoin Investment Proposal to Microsoft Board Amid Shareholder Vote
Microstrategy Chairman Michael Saylor has agreed to deliver a three-minute presentation to Microsoft’s board of directors regarding the potential benefits of investing in bitcoin. During a recent X Spaces event hosted by Vaneck, Saylor revealed that he was approached by the National Center for Public Policy Research (NCPPR), which has been promoting the proposal. Saylor […] Source: https://news.bitcoin.com/michael-saylor-to-present-bitcoin-investment-proposal-to-microsoft-board-amid-shareholder-vote/
Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC
Explore how trade-offs between centralization, security, and adoption are shaping wrapped Bitcoin protocols. Source: https://cointelegraph.com/news/wrapped-bitcoin-in-defi-evaluating-wbtc-cbbtc-and-tbtc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinratecap Ends Mining, Set for TGE, Presale
PRESS RELEASE. Coinratecap is happy to announce the end of their mining after several months of mining; we are set for Pre-sale on November 20th, 2024. 10:30 pm UTC. Coinratecap started to empower individuals and crypto enthusiasts by offering transparency, tools, and insights into the market. Right from the beginning, the platform’s focus has been […] Source: https://news.bitcoin.com/coinratecap-ends-mining-set-for-tge-presale/