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 […]
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© 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 […]
© Reuters. The digital currency is hinting at another potential rally as December approaches, following the historical pattern of year-end bullish trends. With a solid performance in October, closing at +28.5%, and a +7.18% gain expected in November, Bitcoin’s cumulative gain in the fourth quarter now stands at +37.7 %. Bitcoin’s performance typically sees an […]
© Reuters The network experienced a significant increase in transaction fees, surpassing total fees last week, as users compete for block space during times of high network traffic. This congestion was driven by a combination of factors, including a Bitcoin price rally that saw the cryptocurrency peak over $38,500 before settling around $37,000, and a […]