The crypto market has experienced a tumultuous journey recently, yet amidst the fluctuations, the Base network has emerged with significant vigor. Recent data from L2Beat indicates that Base’s total value locked (TVL) has not only exceeded the $10 billion threshold but also marked a striking increase of over 5% within just a week. This achievement
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In a groundbreaking initiative, Howard Lutnick, recently appointed Commerce Secretary under President-elect Donald Trump, is steering a significant shift in the financial landscape with the launch of a $2 billion project aimed at facilitating Bitcoin-backed loans. This venture, as reported by Bloomberg on November 24, is anticipated to evolve into a multi-billion-dollar scheme over time,
In a bold step to enrich its trading offerings, Binance has announced the addition of new monthly options contracts for traders interested in Solana (SOL) and Binance Coin (BNB). Scheduled for launch on November 26, these European-style options allow traders to speculate on the price movements of these digital assets against Tether (USDT) within a
In the wake of Donald Trump’s victory in the recent US elections, the cryptocurrency arena has exploded with renewed vigor, primarily led by Bitcoin’s spectacular ascent. Over the past few weeks, Bitcoin has catapulted from the lower limits of $70,000 to a staggering high of approximately $99,800, reigniting enthusiasm among investors and crypto aficionados alike.
As the global financial landscape evolves, so does the interest in cryptocurrencies and digital assets. One notable development comes from Truth Social, the social media platform associated with Donald Trump, which has filed for a trademark on “TruthFi.” This move could signify the company’s ambition to establish itself within the burgeoning world of digital currency
The cryptocurrency markets have shown remarkable resilience in the face of various economic factors, dominating headlines with a rally that has last several days. However, as we kick off a new week, we witness a corrective phase where many digital assets are adjusting downward. This cooling period can be linked to a mix of macroeconomic
The cryptocurrency market has recently witnessed a dramatic ebb and flow, particularly surrounding Bitcoin’s price dynamics. After reaching a staggering high of nearly $100,000—specifically coming within $200 of this psychological barrier—Bitcoin has encountered a significant retreat. Since Friday’s trading sessions, the asset has experienced a decline of over $4,000, signaling a crucial moment of volatility
In a significant move reflecting the complexities of corporate governance within the cryptocurrency sector, BIT Mining has settled with U.S. authorities concerning serious allegations of bribery linked to Japanese officials. This settlement, amounting to $10 million, relates to accusations that the company attempted to secure a casino resort license through illicit means, violating the Foreign
As the countdown to the November 5th elections commences, Bitcoin has skyrocketed, boasting a trading value significantly above its historical average. The surge, reported to be over 40%, has sparked discussions among analysts, investors, and economists about the factors driving this unprecedented increase. Among the primary catalysts is the Trump campaign’s advocacy for a supportive
In recent days, Bitcoin (BTC) has faced challenges in breaking through the much-anticipated $100,000 barrier. As of the last trading session on Friday and Saturday, Bitcoin’s price has dipped slightly to approximately $98,000, failing to sustain momentum after nearing its all-time high of roughly $99,800. The cryptocurrency began the week around $90,000 and experienced a