Bitcoin is drawing significant attention as markets await a potential move from the U.S. Federal Reserve (Fed), with growing expectations that a rate cut could drive the value of the cryptocurrency higher. The CME FedWatch Tool currently shows a 74.5% probability of a 0.25% rate cut at the Fed’s upcoming meeting on December 18. This […]
On December 3, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant surge in inflows, rising by over 90% compared to the previous day. This surge brings the total holdings of these ETFs closer to rivaling the Bitcoin stash believed to be held by Bitcoin’s enigmatic creator, Satoshi Nakamoto. According to data from SoSoValue, the […]
Arbitrum, a leading layer-2 scaling solution for Ethereum, has achieved a historic milestone by becoming the first platform in the layer-2 (L2) ecosystem to reach $20 billion in total value locked (TVL). The network announced this significant achievement on its official account on December 3, 2024, highlighting its impressive growth and the ongoing innovation within […]
MatterFi, a fintech infrastructure platform, has introduced a groundbreaking solution aimed at protecting users from online threats, including phishing attacks. The platform, which has just emerged from a six-month beta phase, promises to revolutionize digital finance by offering a “phishing-proof” fintech infrastructure designed for both human and AI transactions. In a December 3 press release, […]
Tron (TRX), a prominent blockchain network known for its smart contract capabilities, has made headlines with an astonishing 104% surge in a single day. As of the latest data, the cryptocurrency reached a new all-time high of $0.43, surpassing its previous peak of $0.40 in June 2018. This surge comes amid broader market turbulence, with […]
Bitcoin reserves on centralized exchanges such as Binance and Coinbase have recently dropped to their lowest levels in years, signaling growing bullish sentiment within the crypto market. According to CryptoQuant data, over 171,000 Bitcoin have been withdrawn from leading exchanges since Donald Trump’s victory in the 2020 U.S. presidential election. These withdrawals reflect a broader […]
Coinbase has continued its meme coin listing spree with the announcement of Mog Coin (MOG) on its trading roadmap. On December 3, the U.S.-based cryptocurrency exchange revealed that MOG would be listed on Coinbase, Coinbase’s Ethereum layer-2 scaling solution, which has become a key part of the exchange’s ecosystem with nearly $4 billion in user […]
SynFutures, a decentralized exchange (DEX) specializing in perpetual derivatives trading on the Base blockchain, has announced the launch of its native token, F, alongside the creation of the SynFutures Foundation. The foundation will play a key role in overseeing the platform’s development and fostering community involvement. By collaborating with the community, the foundation aims to […]
MARA Holdings, previously known as Marathon Digital, has made a significant move in its strategy to power its Bitcoin mining operations sustainably. The company has announced plans to acquire a wind farm in Hansford County, Texas, a region known for its robust wind energy resources. This acquisition represents a key step in MARA’s mission to […]
Yuga Labs, the company behind popular NFT collections like Bored Ape Yacht Club and CryptoPunks, has acquired web3 tokenization provider Tokenproof to accelerate innovation in the NFT and crypto space. The acquisition, announced on December 3, will integrate Tokenproof into Yuga Labs’ research and development division, The Workshop, with a portion of the Tokenproof team […]