Μήνας: Νοέμβριος 2024

TL:DR; Almost all meme coins dumped hard less than 12 hours ago, but FLOKI went on a run and jumped to a 4-month peak. The most obvious reason is related to a recent listing by the largest US-based cryptocurrency exchange – Coinbase. CryptoPotato reported yesterday evening the adverse developments on...

President-elect Donald Trump has nominated Howard Lutnick, the Chairman and CEO of Cantor Fitzgerald and a prominent cryptocurrency advocate, to serve as the next United States Secretary of Commerce. The announcement was made on November 19 through a statement from Trump, followed by Lutnick’s acknowledgment of the appointment on social...

Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the...

In an effort to tackle electricity shortages, Russian officials disclosed plans to suspend cryptocurrency mining in several regions this winter. The ban will impact the Irkutsk region, portions of Buryatia, the Zabaikalsky region in Siberia, and six North Caucasus areas, including Chechnya and Dagestan. Mining will also be prohibited in...

Bitcoin reached a new peak of $95,000 hours ago but was rejected and pushed south by over a grand within minutes. Although it has recovered some ground, many altcoins, especially from the meme coin niche, have plummeted hard, leaving over $400 million in liquidations on a daily scale. The specific...

Wrapped Bitcoin’s (wBTC) team has expressed surprise and disappointment at Coinbase’s decision to delist the token. In a statement shared on X, it urged the crypto exchange giant to reconsider this decision and continue supporting the trading of the token. The team said the token has positioned itself as a...

TL;DR XRP surged by double digits in the past week, with analysts predicting additional gains of up to $8. Rumors of SEC Chair Gary Gensler’s replacement with a new pro-crypto leader could aid Ripple’s legal issues, driving XRP’s growth further. The Potential Journey to a New ATH Ripple’s XRP was...

Leading decentralized finance (DeFi) protocol Aave has achieved a remarkable milestone, hitting $10 billion in active loans. It marks a 300% rise in lending activity from the start of the year when the figure stood at $3.4 billion. DeFi Renaissance Data from the on-chain DeFi tracking platform Token Terminal shows...

[PRESS RELEASE – Mahe, Seychelles, November 20th, 2024] BitMEX Marks 10 Years of Crypto Derivatives Trading with a Strong Security Track Record BitMEX, one of the longest-standing crypto derivatives exchange, is marking a major milestone: 10 years of business operations with an unmatched record of zero customer fund losses from intrusions...