© Reuters. Recent weeks have seen a significant shift in network dynamics, with transaction fees dropping significantly while miner revenue in November outstripped the previous month. On Thursday, data analysis revealed that the average Bitcoin transaction cost has dropped to $5.89, with an average fee of $2.86. This marks a significant drop from fees earlier […]
© Reuters. FRANKFURT — During a recent town hall meeting, European Central Bank (ECB) President Christine Lagarde highlighted the volatility and risks of cryptocurrency investments by sharing a personal anecdote. about her son’s significant loss in the cryptocurrency market. She recounted how her son faced a 60% loss in his cryptocurrency investment, which highlighted her […]
The world of decentralized finance is abuzz with the meteoric rise of Blast, a layer 2 network initiative that has garnered over $405 million in total value locked (TVL). Under the stewardship of Tieshun Roquerre, Blast promises high returns from DeFi projects like Lido and MakerDAO, advertising “risk-free” staking rewards. This statement has raised eyebrows […]
© Reuters. The global cryptocurrency market may be on the cusp of a significant change, with key financial players such as BlackRock Inc. and Nasdaq entered into discussions with the U.S. Securities and Exchange Commission (SEC) on Sunday night about listing spot ETFs. The meeting comes at a time when global cryptocurrency market capitalization has […]
© Reuters According to Khac Hieu Investing.com – Today’s price, November 27, recorded at 11:00 a.m., dropped sharply to 37,403.28, down 1.06%. Among the top 10 high-value coins on the market, 8/10 coins have decreased in price compared to the past 24 hours. The second largest coin, plummeted 1.51% on the day, to 2.03 USD. […]
© Reuters. In a significant move to integrate digital currencies into Japan’s financial landscape, SBI Holdings announced a strategic partnership with Circle Internet Financial. This partnership aims to expand circulation (USDC) in the Japanese economy using SBI VC Trade as a distribution platform. Additionally, SBI Shinsei Bank is set to provide banking functions to Circle, […]
Cryptocurrency exchange Binance is set to introduce a new USTC perpetual contract today at 12:30 UTC, offering traders up to 50x leverage. This development follows recent price increases in USTC and LUNC, two ecosystem-related tokens that experienced significant volatility earlier this year. The new derivative product will enable trading against USDT and has a funding […]
Switzerland-based digital asset custody provider Metaco has announced a key partnership with banking giant HSBC, a move expected to increase support for XRP Ledger (XRPL ) after acquisition . Adrien Treccani, CEO of Metaco, attributes the success of this partnership to the 18-month long negotiations, which are now indirectly promoting the use of XRPL and […]
© Reuters. In a bold move that intertwined financial innovation with his political agenda, presidential candidate Kennedy spoke out strongly against imposing government restrictions on money, especially especially targeting central bank digital currencies (CBDCs). Kennedy’s platform, detailed today, includes a proposal for asset-backed Treasury bonds, marking a significant departure from traditional economic policies. Kennedy’s stance […]
© Reuters. In a recent conversation with CNBC’s Joumanna Bercetche, Coinbase (NASDAQ:) CEO Brian Armstrong discussed the significance of the U.S. Department of Justice’s settlement with Binance. Armstrong points to this development as a pivotal moment for the crypto industry, suggesting it could mark the beginning of a new era with a cleaner reputation. He […]