Chain abstraction simplifies user experience by enabling interaction with assets and services across multiple blockchains, hiding technical complexities.
Meme coins have led the charge in the crypto market over the past week, with top performers like DOGE (+96%), PEPE (+97%), WIF (+67%), and BONK (+67%) netting substantial returns for traders. While these speculative assets attract attention, high social dominance in meme coins often signals a wave of emotional and greed-driven trading. Experts advise […]
Abu Dhabi, UAE – November 14, 2024 – The highly anticipated Bitcoin MENA Conference will host a groundbreaking flag football event featuring some of the biggest names in American football to celebrate the convergence of sport, technology, and finance. The event will take place at the Al Nahyan Stadium, Abu Dhabi, uniting football fans, Bitcoin […]
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto firms, which are not licensed banks in Hong Kong, misrepresented themselves — one by […]
ARK Invest updated its bull case scenario for Bitcoin price to $1.5 million
Crypto.com has enhanced its presence in Australia with its latest acquisition of Fintek Securities, a contracts for differences (CFDs) brokerage holding an Australian Financial Services (AFS) licence. Announced today (Thursday), the acquisition of the Australian Securities and Investments Commission-regulated company will allow the cryptocurrency company to offer deposit products, derivatives, securities, foreign exchange, managed investment […]
ARK Invest founder Cathie Wood says Bitcoin (BTC) remains on track to hit a massive price target in about five years. In a new interview on CNBC Squawk Box, Wood says that ARK Invest believes Bitcoin will reach more than half a million dollars by 2030, an over 600% gain from its current value. “We […]
The cryptocurrency company Greenidge Generation has been allowed to continue to operate its power plant in Yates County for the time being, after …
The Bitcoin market appears to have taken an intriguing turn as the asset’s reserves on centralized exchanges have hit the lowest levels since November 2018. This development, highlighted by a CryptoQuant analyst known as G a a h, points out a notable change in BTC’s investor behavior within the crypto space and also suggests quite […]
“Let’s be clear on one thing. Gary Gensler is evil,” Tyler Winklevoss said in a detailed thread about the SEC chair amid resignation rumors.
TL;DR XRP surged 15%, reaching $0.84, amid speculation of SEC Chair Gary Gensler’s potential resignation and ongoing SEC lawsuits. The price increase is driven by market sentiment and significant whale accumulation, with wallets holding at least 1 million XRP reaching their highest balance in 65 months. Gensler’s hinted departure and lawsuits from 18 U.S. states […]
TL;DR Pennsylvania introduces bill to integrate bitcoin into its state reserves. The Pennsylvania Bitcoin Strategic Reserve Act proposes that the state reserve up to 10% of its funds in bitcoin. This project seeks to diversify investments and combat inflation, making Pennsylvania a leader in financial innovation. The proposal to implement a Bitcoin (BTC) strategic reserve […]
Tether launched Hadron, a tokenisation platform for managing digital assets tied to real-world assets like stocks and bonds, targeting businesses, asset managers, and governments. Hadron features strict KYC and AML protocols and supports tokenised baskets of commodities, aligning with trends in commodity-backed assets. Tether’s third-quarter report shows US$2.5B in profits and US$134B in assets, highlighting […]
Follow Nikolaus On X Here Today, Fox Business’s Eleanor Terrett revealed that the Pennsylvania House of Representatives is introducing legislation that would effectively allow the state to hold Bitcoin on its balance sheet as a strategic reserve asset. 🚨SCOOP: Today the Pennsylvania House of Representatives introduced legislation that would enable the state to hold Bitcoin […]
HodlX Guest Post Submit Your Post Algo trading (algorithmic trading) is a recent technological development that’s helped to pave the way for revolutionary levels of market access and trading efficiency throughout virtually every financial market. But as with many cutting-edge technologies, could compliance be an issue for institutional investors to overcome? Algo execution models utilize […]
Ethereum whales are becoming more active, with the daily number of large transactions exceeding 10,000—a level not seen since August. Ethereum whales are waking up, with the daily count of large transactions surpassing 10,000—the highest level since August. pic.twitter.com/xpnaMz5vHk — IntoTheBlock (@intotheblock) November 14, 2024 One notable whale, who acquired 24,957 ETH in early 2017 […]
Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to revamp its current equipment. Hive Doubles Down on Paraguayan Mining Bet, Announces […]
Former CFTC boss Giancarlo is not in the race to replace Gary Gensler
The recent activities of Ethereum’s large investors have raised hopes of a continued bull market. After a strong price move last week that saw Ethereum surpass $3,000 for the first time since August, there is a new wave of accumulation from Ethereum whales. The third quarter saw significant selling from this investor segment as multiple […]
The U.S. Attorney's Office in Manhattan reportedly said Friday (Nov. 15) that it will pursue fewer cases related to cryptocurrency.
Shiba Inu (SHIB) has piqued the interest of crypto aficionados this week, with its price rising by more than 60% as part of the broader cryptocurrency market rally. SHIB, the second-largest meme coin by market capitalization, is now trading at approximately $0.00002803 with a 24-hour trading volume of $5.69 billion. This steep surge inspired a […]
According to a court filing, Elon Musk said that the proposed initial coin offering (ICO) “would simply result in a massive loss of credibility for OpenAI.”
Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements. In new filings with the Massachusetts state government, Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank and Eagle Bank say some debit cards may have been compromised following a […]
Follow Aaron on Nostr or X. In his Take from Wednesday, Shinobi argued that the surge of institutional bitcoin adoption will lead to premature ossification of the Bitcoin protocol. While I share his concern to an extent, I am less convinced this is necessarily true. Bitcoin is inherently a permissionsless system. For protocol changes specifically, it […]
TL;DR 89% of new tokens launched in 2024 will come from the Solana ecosystem, with a strong push from memecoins. Pump.fun has been the main platform for the launch of these tokens, especially in the case of memecoins. Despite the high volume of tokens launched, only 1% of these are listed on Raydium, reflecting the […]
TL;DR Kraken Layer 2 Ink reinforces security and efficiency in DeFi with autonomous withdrawals to Ethereum, transaction review capabilities, and an asset protection committee. Backed by the Optimism Foundation with a grant of 25 million OP tokens, Ink moves toward its official launch in Q1 2025 as part of the Optimism Superchain. Ink’s integration promises […]
Franklin Templeton’s OnChain U.S. Government Money Market Fund (FOBXX) has expanded to Ethereum, the world’s second-largest blockchain by market cap. FOBXX launched as the world’s first tokenised money market fund in 2021 on the Stellar blockchain and has previously expanded to the Avalanche, Base and Aptos networks. FOBXX is currently the third-largest tokenised money market […]
U.S. President-elect Donald Trump has appointed former SEC Chair Jay Clayton to a key role, drawing attention to his crypto regulatory legacy and enforcement record. Former SEC Chair Steps Into a Role That Could Redefine Legal Power U.S. President-elect Donald Trump has announced the nomination of former U.S. Securities and Exchange Commission (SEC) Chair Jay […]
XRP has logged biggest one-day gains in top 100
Dogecoin, often called DOGE, started as a joke cryptocurrency in 2013. Fast forward to today, it is one of the most popular digital assets, with a massive community of supporters and strong market influence. With the 2024 U.S. presidential election stirring excitement and Elon Musk’s growing involvement, many wonder, “Will Dogecoin go up?” In this […]
According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation.
Aptos has achieved a significant milestone, surpassing $1 billion in Total Value Locked (TVL) and attracting over 8 million monthly active users. The blockchain platform continues to gain traction, with an impressive 75.7% of its TVL concentrated in two primary sectors: Lending & Borrowing and Liquid Staking. Aptos skyrockets to a $1 billion TVL with […]