January 25, 2024 – Dubai, United Arab Emirates De.Fi, the largest Web 3.0 super app whose DEFI token launch is coming, announced airdrop season one. De.Fi reached new heights with the resounding success of the $10 million public token sale in 2023, securing a total of $17 million in funding. Additionally, the team launched the …
Continue reading “De.Fi Announces DEFI Airdrop Season One Prior to the Token Launch”
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Continue reading “Bitcoin’s safe-haven status strengthened despite recent price crisis: Kaiko”
A novel aspect of the new spot Bitcoin ETFs, as approved by the SEC, is the cash-creation mechanism for issuing and redeeming shares. The ETFs are considered commodity-shares ETFs, yet, as BlackRock points out in its iShares Bitcoin ETF (IBIT) prospectus, “all spot-market commodities other than bitcoin, such as gold and silver, employ in-kind creations …
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Continue reading “Bitcoin’s Sharpe Ratio signals balanced risk-reward over five years”
Crypto exchange OKX will discontinue its mining pool services due to “business adjustments” reasons, according to a Jan. 26 statement. The platform said it had halted new customer registrations, effective immediately. Existing users will retain access to the platform until Feb. 25, after which all mining pool-related services will be discontinued by Feb. 26. “Due …
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Continue reading “From freeze to flourish as Bitcoin hash rate showcases resilience”
Signups for a new guaranteed income pilot program are now open. Applicants in Harris County, Texas can now sign up for the program, which will give away just over $17 million to 1,928 households that are struggling to pay their bills. The households must be living below 200% of the federal poverty line, and each …
A widely followed crypto analyst and trader is turning bullish on one privacy-focused low-cap altcoin project. The analyst pseudonymously known as Altcoin Sherpa tells his 206,200 followers on the social media platform X that crypto project Manta Network (MANTA) may be in an uptrend after flipping a key resistance level at $2.77 into support. “MANTA: …
Coin Bureau host Guy Turner is predicting that a top-50 altcoin by market cap could appreciate by triple digits. Turner tells the 2.39 million subscribers of the Coin Bureau YouTube channel that the novelty of Celestia (TIA), a decentralized network that allows anyone to deploy their own blockchain easily and at a minimal cost, could …
Crypto analyst Jason Pizzino is predicting that Bitcoin (BTC) will go on an explosive rally after it breaks through one key resistance level. In a new strategy session, Pizzino tells his 307,000 YouTube subscribers that he believes Bitcoin is only going to soar once it flips the cycle high of $49,000 into support. “The second …
Analysts from banking giant JPMorgan believe that the profit-taking from the Grayscale Bitcoin Trust (GBTC) may have concluded, potentially alleviating the downward pressure on Bitcoin prices. The analysts explained that they had estimated that GBTC could see as much as $3 billion in outflows from investors previously exposed to its discount. But with the flow …
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Bankrupt crypto lending platform Celsius has shifted 459,561 Ethereum (ETH), valued at over $1 billion, to centralized exchanges, including Coinbase, Paxos, and FalconX, in the past 24 hours, per on-chain data. In detail, more than 300,000 ETH, equivalent to $673 million, was sent to Coinbase Prime. The firm also moved 146,507 ETH, valued at around …
Continue reading “Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans”
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Continue reading “BlackRock’s Bitcoin ETF crosses $2 billion in inflows, with Fidelity close behind”
Top US crypto exchange Coinbase added two under-the-radar altcoins to its listing roadmap this week. The exchange’s customers may soon be able to trade Aerodrome Finance (AERO) and Velodrome Finance (VELO), according to a new announcement. Aerodrome Finance is a trading and liquidity marketplace on Base, Coinbase’s Ethereum (ETH) layer-2 scaling solution. The project is …
