Jan van Eck, CEO of investment firm VanEck, and Matt Hougan, Chief Investment Officer of crypto investment firm Bitwise, both expressed optimism in an interview with CNBC yesterday that a spot bitcoin ETF could be approved by the Securities and Exchange Commission (SEC) as early as 2024. This follows a key legal victory last month […]
The social media account with the username @satoshi has recently broken its silence on X, sparking curiosity and speculation within the cryptocurrency community. The account, attributed to the individual or group behind the creation of Bitcoin, has committed to exploring additional important issues about Bitcoin, left out of the original whitepaper.The cryptocurrency community has reacted […]
Binance, a global crypto exchange, announced on Oct. 3 that it will end support for Binance USD (BUSD) borrowing and staking positions by Oct. 25, 2023. The exchange has urged its users to convert their BUSD holdings to First Digital USD (FDUSD) as part of the gradual phasing out of support for the stablecoin. This […]
Bitstamp, a prominent cryptocurrency exchange, has announced its plan to embrace multi-chain functionality by introducing USDC on the Stellar network. This development marks the start of an exciting journey to expand the platform’s capabilities and provide users with broader access to diverse blockchain ecosystems.The integration of USDC into the Stellar network via Bitstamp offers many […]
Ether (ETH) traded at just above $1,650 on Oct. 3, after dropping 5.3% in two days. The price had advanced 10% in the last week of September and hit a local peak at $1,750 on Oct. 1. The correction followed the Bitcoin-led correction that printed red candles on the charts of all top 40 digital […]
Composable is a base layer connecting layer ones and layer twos, and is scaling IBC to other ecosystems to push the boundaries of trust-minimized interoperability. As a keynote speaker and Diamond Sponsor at Cosmoverse’23, Composable is looking to further invest in the growth of the Cosmos ecosystem and will present their keynote on their efforts […]
Uniswap (UNI) has recently achieved a major milestone of 300 million swaps, indicating a resurgence in user activity and a major comeback for the leading Decentralized Exchange (DEX) protocol. This growth is significant as it comes after a period of unfavorable market conditions and stunted growth.Data from Token Terminal shows that Uniswap’s daily user activity […]
Binance, one of the largest crypto exchanges, has announced that it will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25. This follows an earlier announcement in August that all services related to BUSD would be terminated by 2024. Currently, users can lend their BUSD on Binance at an […]
Cardano has seen a surge in development activity in September, with developers consistently driving the network’s progress. According to the latest chart from CryptoDep, Cardano topped the chart for developer activity over the past 30 days with a score of 572, even during the crypto market slowdown. This puts the network ahead of projects such […]
Bitcoin’s recent rally past $28,000 has defied traditional market trends, with open interest, as a percentage of Bitcoin’s market cap, approaching an annual low. This surprising contraction in speculative trading amidst bullish momentum has raised questions about whether traders are becoming more cautious or anticipating a potential price correction. However, something intriguing is occurring beneath […]
