The cryptocurrency landscape is abuzz with activity, and among the myriad of platforms, the Base network is experiencing a noteworthy resurgence. Recent figures from L2Beat indicate that the total value locked (TVL) in Base’s ecosystem has seen a remarkable increase of over 5% within just a week, surpassing the significant milestone of $10 billion. This
Crypto
In a bold move that signals a potential shift in traditional finance, Howard Lutnick has announced his plan to launch a significant $2 billion initiative aimed at facilitating loans using Bitcoin as collateral. This ambitious project, reported by Bloomberg on November 24, is expected to ultimately scale into the tens of billions of dollars. The
Binance, the leading cryptocurrency exchange globally, is taking significant strides to enhance the trading experience for its users. The platform has announced the introduction of new monthly options contracts along with an array of new trading pairs tailored for margin trading. Effective from November 26, traders will gain access to European-style options for Solana (SOL)
In the wake of Donald Trump’s victory in the recent U.S. elections, the cryptocurrency market has experienced an unprecedented bull run, notably led by Bitcoin. From a position below $70,000 to surpassing the $99,000 milestone, Bitcoin’s ascent has captured the attention of investors and analysts alike. This noteworthy surge illustrates not only the asset’s volatility
Over the past few days, the cryptocurrency market has experienced a remarkable rally, but the momentum appears to be fluctuating as we enter a new week. This shift from a bullish sentiment to a cooling phase raises questions about the sustainability of the gains observed. As digital assets correct, traders and investors alike are analyzing
The digital landscape continues to evolve, and amid this transformation, Truth Social, a social media platform spearheaded by Trump Media and Technology Group (TMTG), is now setting its sights beyond mere social networking. The organization, primarily owned by former U.S. President Donald Trump, has taken steps to trademark a new digital currency payment service named
In a significant legal development, BIT Mining, a notable player in the cryptocurrency mining industry, has faced serious allegations regarding bribery. The company has reached a settlement with U.S. authorities, specifically concerning violations of the Foreign Corrupt Practices Act (FCPA). The charges stem from purported efforts made between 2017 and 2019 to bribe Japanese government
In the ever-volatile world of cryptocurrency, Bitcoin recently made headlines as it approached the highly coveted $100,000 mark. After weeks of rising prices, reaching an impressive peak of nearly $99,800, Bitcoin’s fortunes took an unexpected turn. Within a short span, the digital currency plummeted by more than $4,000. This abrupt decline not only highlights the
In the lead-up to the highly anticipated November 5th elections in the United States, Bitcoin—touted as the leading cryptographic currency—has seen significant volatility. As of now, it is trading over 40% above its historical average, a surge that observers have tied closely to promises made by the Trump campaign regarding the government’s supportive stance towards
Bitcoin, the flagship cryptocurrency, is currently facing a significant challenge as it fails to breach the psychologically significant $100,000 milestone. After an impressive rally earlier in the week, where Bitcoin soared from approximately $90,000 to peak at around $99,800 on various exchanges, the cryptocurrency has settled back to about $98,000. This minor price decline, despite
