Flare Labs enables DeFi access for XRP, BTC, and DOGE through its innovative FAssets system.FAssets allows non-smart contract tokens to engage with decentralized finance applications. Flare Labs is rapidly increasing the capabilities of FAssets, a novel system meant to integrate non-smart contract assets such as XRP, Bitcoin, and Dogecoin into the decentralized finance (DeFi) ecosystem....
Coinbase’s Brian Armstrong discloses that more than 219 pro-crypto candidates have been elected to the US House and Senate. Other reports estimate that Donald Trump leads the election by 51.2% while Kamala Harris trails with 47.4% vote. The US general election is finally here, and the much-expected crypto administration is reportedly taking shape as 219 pro-crypto...
Donald Trump has seen his winning odds soar to 99% on PolymarketBitcoin price has jumped to a new All-Time High amid sentiment of a pro-crypto President emerging. Bitcoin (BTC) reclaimed an All-Time High (ATH) of $75,361, skyrocketing by over 8% in just 24 hours. This surge in the leading cryptocurrency comes as Donald Trump secures...
Solv Protocol secures over $2 billion in Bitcoin, expanding staking options with its Staking Abstraction Layer (SAL).SAL allows Bitcoin holders to stake securely, unlocking cross-chain DeFi opportunities and maintaining liquidity. Solv Protocol has achieved a huge milestone by securing over 25,000 BTC—equivalent to more than $2 billion—as the Bitcoin price reaches new highs. In addition...
Solana’s SOL token is gaining momentum, fueled by Bitcoin’s surge and strong trading activity, with a price target of $200 becoming increasingly attractive to traders.High staking yields and reduced inflation rates enhance SOL’s appeal, positioning it competitively in the market as it experiences significant growth in decentralized exchange activity and total value locked. Fueled by...
Senator Lummis’s proposed Bitcoin Bill seeks to establish a strategic reserve by allowing the Federal Reserve to acquire up to 5% of Bitcoin’s total supply, potentially strengthening the U.S. dollar and addressing national debt concerns.With a Republican majority in Congress, the bill’s chances of advancement are significantly improved, positioning the U.S. as a leading holder...
Trump’s election win sparks market shifts, with Bitcoin rallying amid economic optimism and investor confidence.Proposed Bitcoin Bill could see the Fed hold up to 5% of BTC, boosting U.S. strategic reserves. Donald Trump officially became the 47th President of the United States amid a frenzy of financial activity. With the dollar, bond rates, and Bitcoin...
BitFuFu’s Bitcoin mining costs increased significantly in Q3, impacting production levels and profitability.The new Ethiopia facility aims to boost BitFuFu’s capacity, offsetting operational challenges in Bitcoin mining. BitFuFu Inc., a cloud mining company funded by Bitmain, has encountered severe hurdles in its Bitcoin mining activities, as detailed in its Q3 2024 financial report. The company’s...
Donald Trump has won this year’s presidential election, overcoming Democratic leader Kamala Harris, a result that aligns with market expectations.After Trump’s victory, Bitcoin’s price surged by 9.6% to a record high of $75,198 while Ethereum followed with an increase of 8%. Bitcoin, the world’s first cryptocurrency hit a new record high of $75,060 on Wednesday...
Following Donald Trump’s re-election, Bitcoin’s price surged over $75,000, driven by optimism surrounding his pro-crypto promises, which could lead to significant regulatory changes benefiting digital assets.Trump’s proposed reforms, including firing SEC Chair Gary Gensler and establishing a National Bitcoin Reserve, have energized the crypto community, fostering expectations of a more favorable environment for Bitcoin’s growth...