US Proposal for Bitcoin Reserve Sparks Global Financial Debate

The Trump administration’s proposal to establish a US Bitcoin reserve has sparked significant debate among financial experts, crypto enthusiasts, and policymakers alike. This move aims to legitimize Bitcoin as a state-backed reserve asset and marks a dramatic shift in the US government’s stance on cryptocurrencies. Historically regarded with skepticism, Bitcoin now stands on the cusp…

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Bitcoin Restaking Comes to Sui with SatLayer Integration

SatLayer, a Bitcoin restaking platform, announced Wednesday it’s extending Bitcoin’s use in decentralized finance to Sui, the speedy layer-1 blockchain launched last year. With Sui’s focus on fast transaction speeds, SatLayer’s integration will enable developers to leverage Bitcoin’s $2.1 trillion footprint in building DeFi applications, which aim to exclude third parties from transactions in areas…

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XRP Buyback Valued at $2.4 Trillion by Banking Giant in Japan

Ripple’s XRP token is again in the spotlight as GAM Investments proposes a groundbreaking XRP buyback plan for SBI Holdings, Japan’s leading financial institution. This move could significantly enhance SBI’s market value and potentially reshape its position in the global financial landscape.  Adding to the excitement, XRP users at participating merchants can earn CTF tokens….

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Is a Major Rally Ahead for Bitcoin and Ethereum? Analyst Pentoshi Shares Bold Predictions

Renowned crypto analyst Pentoshi has shared an optimistic outlook for Bitcoin (BTC) and Ethereum (ETH), predicting substantial gains in the coming months. According to his social media updates, Pentoshi expects Bitcoin to rise by 15% and Ethereum by over 20% from their current levels. Growth Projections for Bitcoin and Ethereum Currently trading at $105,756, Bitcoin…

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Sonic Labs Launches the Sonic Mainnet: EVM-Compatible, Verifiable 10,000 TPS, and Sub-Second Finality

– Advertisement – George Town, Cayman Islands, December 13th, 2024, Chainwire Sonic Labs today announced the launch of the Sonic mainnet, an EVM-compatible layer-1 blockchain platform that offers developers attractive incentives and powerful infrastructure. With 10,000 transactions per second (TPS), sub-second finality, and a native, decentralized gateway to Ethereum, Sonic empowers developers to build the…

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NFTMozaic Secures Web3 Foundation Grant to Unite and Elevate Polkadot's NFT Ecosystem

Singapore, Singapore, December 18th, 2024, Chainwire NFTMozaic, the newest project to hit the Polkadot ecosystem, has been awarded a Decentralized Futures Grant by the Web3 Foundation to establish Polkadot as the leading ecosystem for NFT-related projects and initiatives. What is NFTMozaic? NFTMozaic aims to redefine the NFT landscape by aligning and defining one common vision…

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The Current Changes in the Blockchain Network: Why Users Need More Bitcoin

As we navigate a rapidly evolving cryptocurrency landscape, significant changes have already occurred in the blockchain network, particularly concerning the necessity for investors to increase their holdings of Bitcoin. With the recent resurgence of the Chinese crypto market and the ongoing monopolization of the crypto market by major corporations, the demand for Bitcoin has surged….

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BlackRock Bitcoin ETF Sees $733M Inflows in a Day, Ethereum $132M  

BlackRock’s Bitcoin ETF attracted $733.6 million inflows in 24 hours, setting a record among ETFs launched in 2024.   Ethereum ETFs saw $132.3 million in inflows, although Grayscale’s Ethereum Trust continues to experience substantial outflows.   Bitcoin’s dominance persists as it leads inflows and all-time highs, overshadowing altcoins in the volatile cryptocurrency market.   BlackRock’s Bitcoin (BTC) and…

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What Happens When XRP Hits $3?

XRP has recently stabilized around $2.51, marking a remarkable increase of over 500% in 2024. This surge garners attention as Ripple is nearing its historical peak of $3.85. Despite prolonged legal struggles with the SEC, the prevailing market conditions appear to favor XRP’s ascent. The pressing question is, what implications will arise if XRP reaches…

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SatLayer Bitcoin Restaking Integration Set to Ignite BTCfi on Sui

Grand Cayman, Cayman Islands, December 18th, 2024, Chainwire Sui developers can soon integrate Bitcoin’s security and liquidity into their apps, with many of Sui’s top protocols on board  Sui is rapidly moving in on Bitcoin DeFi (BTCfi). After announcing that Bitcoin staking was coming to Sui, the Layer 1 blockchain delivering unparalleled performance today unveiled…

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Deutsche Bank Builds Layer-2 Blockchain on Ethereum

Deutsche Bank, Germany’s largest financial institution, is working on its own Layer-2 (L2) blockchain on Ethereum, as reported by Bloomberg. The initiative aims to address regulatory challenges faced by financial institutions when utilizing public blockchains, such as the potential risks of transacting with criminals or sanctioned entities. In November, the bank introduced a test version…

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