Following the US election of 2024, a notable surge has ignited within the cryptocurrency market to rekindle the bullish rally. Post the period of persistent difficulties, the largest altcoin, Ethereum (ETH), has finally broken above the $2,880 mark. At present, the asset is at a crucial juncture, attempting to hit
With Donald Trump’s recent U.S. presidential win, the global crypto community is buzzing with expectations over the next Securities and Exchange Commission (SEC). In the July campaign, Trump promised crypto supporters that he would fire the current SEC chair, Gary Gensler, “on day one” of his presidency. Gensler, known for
Crypto investment firm BlockTower Capital reportedly purchased $7 million in prominent DeFi tokens from various crypto trading platforms in the last 12 hours, as tracked by blockchain analytics platform Lookonchain. As Lookonchain reports, the firm’s acquisitions focused on two major tokens — Uniswap (UNI) and Aave (AAVE). Based on etherscan
The crypto market has progressed further in its bullish movements, with Bitcoin steadying at the $75K level. Meanwhile, the community has begun speculating on new regulatory leadership and other changes that would follow suit after the US elections. Amid this spur of activity, Coinbase has deployed its very first token
A collaboration between Freedom, a Web3 engagement project and the Tourism Authority of Thailand (TAT) has been announced. Through the usage of Fuse Network’s blockchain infrastructure, the partnership seeks to improve travel technology experiences using Freedom World, the innovative Web3 community platform. Thailand will be positioned as a top travel destination
Binance Research’s November 2024 Monthly Insights report looks at important performance factors and current developments in the cryptocurrency sector. The overall market capitalization of cryptocurrencies increased by 2.8% in October 2024, mostly as a result of robust BTC inflows brought on by spot ETF activity and positive U.S. employment statistics.
Binance, the largest centralized crypto exchange by volume, has announced the launch of Solana — SOL/USDT —options on its Options Trading platform, starting from November 12. This announcement comes at a time when SOL is experiencing a surge in investor anticipation of its potential to reach a new all-time high
The cryptocurrency market celebrates Donald Trump’s victory with bullish momentum. The overall market cap has reached $2.51 trillion, with Bitcoin (BTC) hitting an all-time high at $76K. The crypto market sees a green wave across major assets. Notably, the bullish breakout of Ethena (ENA) positioned the asset on top of
Solv Protocol has announced the classification of underlying assets for its SolvBTC reserve. In doing so, the Solv protocol preserves liquidity while guaranteeing user security and yield-generating possibilities. With the implementation of cross-chain rate limitations and minting caps for novel reserves to control and reduce risk, these classifications aid in ensuring stability
The Ethereum Foundation has launched the Mekong testnet, a crucial step towards the upcoming Pectra upgrade. The testnet, which is a short-term environment, is designed to allow developers to explore user experience (UX) improvements and familiarize themselves with staking changes ahead of the Pectra fork. This development follows an extensive
