Ethena Labs announced today that it is partnering with World Liberty Financial (WLFI), Donald Trump’s token project. Together, they will list the sUSDe token from Ethena as a collateral asset on WLFI’s Aave v3 instance. Both firms will benefit from this partnership, as Ethena Labs will have a new use case for its sUSDe token,…
Luisa Crawford Dec 16, 2024 03:30 BitMEX announces the launch of VELOUSDT perpetual swaps, offering traders up to 50x leverage. The new listing will be available from December 16, 2024. BitMEX, a leading cryptocurrency exchange, is set to expand its trading offerings with the introduction of a…
A Solana exchange-traded product may not exist in the U.S. yet, but until the SEC approves such funds, asset managers are feeding an apparent appetite from European investors for products related to the sixth-biggest digital coin. Crypto asset manager Bitwise today announced its new Solana Staking ETP, which will trade in Germany on the Deutsche…
The US Federal Reserve has once again slashed interest rates by 25 basis points in what is the third consecutive month of easing. This comes amid preparations of incoming Trump administration. In the Fed’s words: In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee…
The Ohio Bitcoin Reserve Act seeks to incorporate bitcoin into the state’s financial reserves while diversifying its investment portfolio. Rep. Merrin Wants Bitcoin in Ohio’s State Treasury Ohio State Representative, Derek Merrin has introduced the Ohio Bitcoin Reserve Act, a legislative bill granting the state treasury the authority to invest in bitcoin (BTC). This bill…
Entering the world of digital currencies is a daunting prospect, but collecting some bonuses can help smooth the process. The range of crypto rewards to look out for is long enough to ensure that there’s something to suit everyone. So, which might interest you? Exchange Welcome Bonus The majority of people take their first steps…
The US Federal Reserve has finally announced its eighth and last policy decision for 2024 after a two-day Federal Open Market Committee (FOMC) meeting. It has cut interest rates by 25 bps to 4.5%-4.75%, aligning with market expectations. This marks the third consecutive rate cut since a 0.5% reduction in September. Notably, Wall Street had…
– Advertisement – As the cryptocurrency market surges forward, several digital assets are capturing the spotlight with promising potential. Established coins are gaining momentum, and innovative newcomers are emerging, stirring curiosity among investors. The bullish trend ignites speculation about which tokens might lead the next wave of growth. Among the rising stars is XYZVerse, a…
SAN FRANCISCO, United States, December 18th, 2024, Chainwire Pepeto: The God of Frogs with Utility and a Vision Unlike other memecoins’ trading-centric approach, Pepeto offers a comprehensive utility-driven ecosystem. Pepeto, known as the God of Frogs, aims to adopt all future memecoins and elevate the sector through its zero-fee cross-chain exchange and bridge technology. Pepeto’s Ecosystem Highlights: Zero-Fee Exchange: A listing platform for…
America’s stock market has hit an insane $64 trillion, making it bigger than every other stock market in the world combined. In the last ten years, U.S. markets added a massive $40 trillion. No other country even comes close. Right now, America’s stock market controls 74% of the MSCI World Index, blowing past the record…
SAN FRANCISCO, United States, December 18th, 2024, Chainwire Pepeto: The God of Frogs with Utility and a Vision Unlike other memecoins’ trading-centric approach, Pepeto offers a comprehensive utility-driven ecosystem. Pepeto, known as the God of Frogs, aims to adopt all future memecoins and elevate the sector through its zero-fee cross-chain exchange and bridge technology. Pepeto’s Ecosystem Highlights: Zero-Fee Exchange: A listing platform for…
Solana’s price is set for a major breakout if it surpasses the $284 resistance. An analyst predicts Solana could reach $340 by repeating a past bullish pattern. Investor sentiment grows as Solana’s technical indicators show increasing upward momentum and strong price stability. Solana (SOL) could rally to $340, according to analyst MartyPart, who cites fractal…
The U.S. Securities and Exchange Commission (SEC) has made headlines with its recent action against Impact Theory, a media and entertainment firm, following allegations of fraudulent activity in the cryptocurrency sector. This decision comes as a relief to some in the crypto community who are hopeful for greater regulatory clarity and accountability. What Actions Did…
December 18, 2024 at 10:50 PM GST updated: December 18, 2024 at 10:47 PM 2 mins read News XRP’s price surge to $2.67 puts $272M short positions at risk of liquidation. A price move beyond $3 could trigger forced buybacks, driving higher gains. Binance leads trading activity, with major liquidation pressure between $2.68 and $2.77. …
Home » Journal » Wall Street Analysts Top Dogen Over DOGE and SHIB as Next Breakout Crypto With 8,500% Gains by Christmas A new contender is shaking up the crypto scene, catching the attention of Wall Street insiders. Outpacing famous coins like DOGE and SHIB, this…
The SEC has long created a nightmare for the crypto markets, but with Trump’s arrival, this nightmare may end. This change has contributed to the recent rise in the markets. However, the newly announced SEC sanctions have resulted in a paradox where some crypto investors are reportedly pleased with the SEC actions. SEC and Cryptocurrencies…
Binance delists underperforming pairs, including SUI/TUSD and WRX, citing low liquidity and market inefficiency. WRX price crashes over 50% after Binance announcement and court-ordered probe into $230M hack. SUI, HMSTR, and AEUR see 5-10% price drops amid Binance’s strategic clean-up. The crypto market is reacting to Binance’s announcement on delisting several underperforming trading pairs. These…
Bitcoin (BTC) has made a historic breakout, trading above $106,000 after reaching a new all-time high earlier this week. According to Matt Hougan, CIO of Bitwise Asset Management, this is just the beginning of a phenomenal rally that could take BTC to $200,000 by December 2025 and potentially even higher under certain conditions. Hougan attributes…
In the midst of fluctuating market conditions, Bitcoin (BTC) experienced a 3.4% dip in its value, trading at $103,805.29 after reaching a record high of $108,268.45. This downward trend signifies the emergence of short-term weakness following the recent price surge. Historically, Bitcoin has experienced similar corrections following significant milestones like the $110,000, $125,000, and $150,000…
As cryptocurrency adoption surges in Europe, the euro’s presence in digital trading is growing stronger. According to a recent report by research firm Kaiko and Dutch crypto exchange Bitvavo, euro-denominated trading volumes have consistently exceeded 2023 averages throughout 2024. Peaks were observed in March and November, with monthly volumes surpassing $42 billion each. This marked…