Tag: Crypto

High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million....

In the wake of successful predictions for the presidential election, cryptocurrency-based betting platform Polymarket disclosed its intentions to reestablish its prediction markets for U.S. users. What Happened: While talking about the company’s growth strategy in a CNBC interview on Thursday, CEO Shayne Coplan said that having a presence in...

Bitcoin has surged to new all-time highs, reaching $76,500, following Donald Trump’s victory in the US elections. This price breakout has reignited investor optimism, particularly among US traders, with demand increasing significantly since the election results. Trump’s pro-crypto stance has played a key role in boosting market sentiment, especially...

The recent US elections on November 5 have reshaped the political space and appear to have significant implications for the cryptocurrency industry. Coinbase CEO Brian Armstrong expressed optimism in a post-election “reflection”, emphasizing that the political winds gradually shift toward digital assets. US As A Crypto Hub? Armstrong pointed...

ADA price breaks the multimonth downtrend pushing Cardano to four-month highs, thanks to multiple macro tailwinds and favorable technicals. ...

Following Donald Trump’s victory in Tuesday’s election, members of the crypto community are celebrating a renewed sense of hope for their ETF ambitions. The change in political leadership is seen as a potential turning point for the approval of cryptocurrency ETFs focused on altcoins such as Solana, XRP and...

Block Inc. (NYSE:SQ) CEO Jack Dorsey reiterated the company’s exclusive focus on Bitcoin (CRYPTO: BTC), intending to make the cryptocurrency the centerpiece of its financial services operations. What Happened: During the company’s third-quarter earnings calls on Thursday, Dorsey stated that Block’s Bitcoin-centric strategy was driven by the desire to...

Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time over his supposed involvement with the failed FTX...

Cardano (CRYPTO: ADA) raced past Bitcoin (CRYPTO: BTC) to become the week’s best performer after a searing double-digit rally on Thursday. What happened: ADA spiked over 10% in the last 24 hours to reach its highest level since July 23. The rally catapulted the coin to the second spot...

On-chain data shows the exchanges have just received large stablecoin inflows, something that could end up benefiting the Bitcoin rally. Stablecoin Exchange Inflows Have Spiked Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Inflow for stablecoins has registered a sharp jump. The “Exchange...