Holonym Foundation Partners With This Ethereum Protocol To Boost Restaking By $677 Million
Holonym Foundation partnered with Kelp DAO, a Liquid Restaking Protocol built on Ethereum’s EigenLayer, to strengthen the Mishti Network’s security and continue bringing digital identity solutions for the application of blockchain technology. Ethereum Protocol Kelp DAO Joins Holonym To Restake $670 Million ETH The Holonym Foundation announced its latest...
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Bitcoin Zeroes In On $100,000, But This Indicator Signals One More Brief Correction
Bitcoin (CRYPTO: BTC) continues its climb toward $100,000, but traders are adopting cautious approaches to prepare for potential corrections. What Happened: Crypto chart analyst Ali Martinez observed a sell signal on Bitcoin’s 4-hour chart, indicating a possible brief correction to $97,085. However, a candlestick close above $100,470 could invalidate...
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MicroStrategy Trading At ‘Insane’ 256% Premium To Bitcoin Holdings, Research Shows
MicroStrategy Incorporated (NASDAQ:MSTR) is trading at an astonishing 256% premium to the net asset value (NAV) of its Bitcoin (CRYPTO: BTC) holdings, according to research conducted by BitMEX. The analysis highlights the extreme valuation disparity between MicroStrategy’s current market capitalization, driven by its aggressive Bitcoin acquisition strategy, and the...
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Ethena’s ENA token rallies on USDe integration by Deribit
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval....
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Ark Invest’s Cathie Wood Says Team Trump Would Give ‘Regulatory Clarity’ For Bitcoin And Other Digital Assets: ‘…Which They May Put In The Treasury’s Strategic Reserve’
Cathie Wood, CEO of ARK Invest, has shared her insights on the potential impact of a Trump administration on Bitcoin (CRYPTO: BTC) and decentralized finance (DeFi). Wood believes that the administration could bring much-needed “regulatory clarity” to the fintech sector, particularly if Gary Gensler steps down from his position. What Happened:...
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Charles Schwab Prepares For Spot Cryptocurrency Trading Under New Leadership
Charles Schwab Corp.‘s (NYSE:SCHW) incoming CEO, Rick Wurster has announced that the company is gearing up to offer spot cryptocurrency trading once the regulatory environment in the U.S. becomes more favorable. What Happened: Wurster, currently serving as the firm’s president, shared his thoughts in a Bloomberg Radio interview, highlighting...
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Bitcoin Nears $100,000, ‘Momentum Could Continue Well Beyond The Milestone,’ Experts Note
As Bitcoin (CRYPTO: BTC) rapidly approaches the $100,000 milestone, experts tell Benzinga its dominance is about to hit a crucial turning point. They attribute this rise to record-breaking trading volumes, increasing institutional adoption and a shift in investor focus toward Bitcoin as a quality asset. What Happened: Bitcoin is...
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Dogecoin Up 3%, Shiba Inu Up 4%: What Is Going On?
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts...
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After Plunging 16%, MicroStrategy Makes Modest Recovery In Friday Pre-Market: Is There Still Hope For A $100K BTC Effect?
After a sharp decline on Thursday, MicroStrategy Inc. (NASDAQ:MSTR) is showing signs of recovery in pre-market trading on Friday. What Happened: MicroStrategy experienced a 2.73% increase in pre-market trading early Friday morning, following a significant 16% drop on Thursday, according to Benzinga Pro on Friday. The company’s stock closed 16% lower at $397.28...
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A $6.2 Million Banana! Crypto Pioneer Justin Sun’s Bold Acquisition Leaves Critics Split
The founder of a notable cryptocurrency platform surprised everyone after making an unexpected purchase of a bizarre piece of “art.” Crypto entrepreneur Justin Sun is now in possession of the controversial banana duct-taped to a wall artwork which some analysts suggest might be integrated into Sun’s digital asset platform...
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