Crypto Currencies News page: 1

DeFi Protocol Synthetix Buys TLX, Plans Future Leveraged Token Incentives

Crypto Economy | 2024-12-11, 13:47

TL;DR Synthetix acquires TLX as part of its strategy to expand its product offerings and strengthen its DeFi ecosystem. Leveraged products in development: the protocol plans to relaunch TLX on the Base network after auditing and optimizing its infrastructure.

Trump picks Crypto-friendly SEC chair; Which 3 tokens will benefit the most?

CyprusMail | 2024-12-11, 10:51

President Donald Trump’s appointment of Paul Atkins as SEC head has raised discussions regarding cryptocurrency regulation. Atkins, a pro-crypto, may clarify the regulatory environment, creating tremendous growth chances for the crypto industry. The most

Between $95K and $100K, Bitcoin Changes Long-term Holders

FX Empire | 2024-12-11, 10:27

It seems that the meaningful round level has prompted long-term private holders to sell. ...

Trump’s Bitcoin Vision: Report Indicates President’s $150,000 Price Target Goal

Bitcoinist | 2024-12-11, 08:45

As President-elect Donald Trump approaches his inauguration on January 20, the cryptocurrency market has experienced a significant surge, with Bitcoin reaching an all-time high of $104,000 on December 5. This increase, nearly 50% since Trump’s election,

Ripple CEO Announces Approval For RLUSD Stablecoin By New York Regulators

Bitcoinist | 2024-12-11, 06:57

On Tuesday, Ripple CEO Brad Garlinghouse revealed that the New York State Department of Financial Services (NYSDFS) has granted final approval for the firm’s inaugural stablecoin, RLUSD. Ripple Set To Enter Stablecoin Market With the release of RLUSD, Ripple

UAE’s newest stablecoin gets nod from Central Bank

Gulf Business | 2024-12-11, 06:29

Dubbed ‘AE Coin’, the cryptocurrency is positioning itself as a stablecoin that is fully backed by reserves held within the UAE . ...

Breaking! Microsoft Rejects Bitcoin: Shareholders Say No to BTC

Crypto Economy | 2024-12-10, 18:30

TL;DR Microsoft shareholders rejected a proposal to invest 1% of its funds in Bitcoin, presented by the NCPPR. Michael Saylor, president of MicroStrategy, tried to convince shareholders about the benefits of Bitcoin, but the proposal was rejected. The board

Binance-Backed BounceBit Embraces Real-World Assets with USDY Integration

Crypto Economy | 2024-12-10, 17:54

TL;DR BounceBit integrates USDY, Ondo Finance’s stablecoin, into its CeDeFi V2 platform, offering yields backed by real-world assets. USDY provides a 4.65% APY and daily liquidity, allowing users to earn yields without intermediaries, and is especially

Bitcoin's pullback after rising above $100,000 creates risk of a 13% correction, chart master says

Business Insider | 2024-12-10, 17:11

Overearth/Getty ImagesBitcoin's brief rise above $100,000 and subsequent decline may lead to a short-term sell-off.Fairlead's Katie Stockton highlighted two key support levels bitcoin traders should watch.Long-term indicators remain bullish, supporting a

Former US Treasury Secretary Calls Trump’s National Bitcoin Reserve Proposal ‘Crazy’

Bitcoinist | 2024-12-10, 17:07

President-elect Donald Trump’s proposal to establish a national Bitcoin reserve has ignited a wave of criticism from economic experts, including former Treasury Secretary Larry Summers. Summers, who managed the US national gold reserve during Bill

Marathon Digital’s Bitcoin Reserves Hit $3.9B After Another Massive Purchase

Crypto Economy | 2024-12-10, 17:00

TL;DR Marathon Digital has increased its Bitcoin reserves by over 50% this quarter, acquiring 11,774 BTC for $1.1 billion, bringing its total to 40,435 BTC. The firm positions itself as the second-largest corporate Bitcoin holder, behind only MicroStrategy,

L2 Network FUEL Presents its Native Token

Crypto Economy | 2024-12-10, 16:42

TL;DR Fuel launches its native token, with a total supply of 10 billion units, to decentralize its network and eliminate transaction fees. 20% of the tokens will be distributed to the community, with incentives for participants in the Points Program and

Google Launches New Quantum Chip and Crypto Community Fears for the Future of Bitcoin Blockchain

Crypto Economy | 2024-12-10, 16:06

TL;DR Google introduced Willow, a 105-qubit quantum chip that surpasses previous technical limits but does not pose a short-term threat to Bitcoin’s security. Key algorithms like ECDSA and SHA-256 would require millions of qubits to become vulnerable,

Bluefin DEX Launches $BLUE Token to Boost Sui’s DeFi and NFT Ecosystem

Crypto Economy | 2024-12-10, 15:48

TL;DR Bluefin will launch its native token, BLUE, on December 11, 2024, allocating 17.15% of the total supply to an airdrop for various strategic communities. Beneficiaries include projects from the Sui ecosystem, NFT communities, and collaborators on chains

Floki Developers Introduce Multi-Crypto Debit Card Supporting 8 Blockchain Networks

Crypto Economy | 2024-12-10, 13:23

TL;DR Floki has launched a multi-crypto debit card supporting eight blockchain networks, available in both physical and virtual formats, allowing users to spend their crypto assets. The card supports cryptocurrencies like Bitcoin, Ethereum, Tether, USD Coin,

XRP Forms Descending Triangle After Nearing $3: Rally or Major Correction Ahead?

FX Empire | 2024-12-10, 12:48

XRP recently had a rally to $2.90, marking

Crypto Market Hit Hard With $1.7 Billion Liquidated, Largest Event Since 2021

NewsBTC | 2024-12-10, 11:59

The broader crypto market experienced a major crash on December 9. While the Bitcoin price dropped from $101,109 to as low as $94,150, marking a -7% decline, the altcoin market suffered significantly more severe losses. Ethereum fell by as much as -12% at one

AE Coin: UAE’s first stablecoin approved

Arabian Business | 2024-12-10, 11:23

AE Coin granted final approval by Central Bank of the UAE ...

Bitcoin Drops After Six-Figure Fail! Altcoins Hit Harder with Big Losses

Crypto Economy | 2024-12-10, 11:17

TL;DR Bitcoin’s price dropped below $100,000, causing over $1.5 billion in liquidations and widespread market panic. Major altcoins like Ethereum, Solana, and XRP experienced double-digit losses, with the total crypto market cap decreasing by

BTC, TRX, AVAX Are Crashing Hard — Buy the Dip Opportunities Ahead?

FX Empire | 2024-12-10, 08:53

Bitcoin (BTC) continues to correct below its

Crypto Market Spooked by Another Bitcoin Pullback Below 100K

FX Empire | 2024-12-10, 08:53

The bulls in Bitcoin once

Eric Trump Advocates For ‘Sensible’ Crypto Regulation To Position US As Global Superpower

Bitcoinist | 2024-12-10, 05:23

In a recent interview with CNBC, Eric Trump, executive vice president of the Trump Organization and son of president-elect Donald Trump, articulated a vision for the United States to become the leading global hub for crypto. Eric Trump emphasized that a set of


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