Tag: Bitcoin Market

  • Trump’s Crypto Surge: A Game Changer for Global Digital Assets?

    Trump’s Crypto Surge: A Game Changer for Global Digital Assets?

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    Oscar

    Donald Trump’s recent pro-cryptocurrency stance is poised to shake up the global digital asset landscape, creating a stark contrast between the US’s evolving approach and the EU’s stringent new rules. As the former president positions the US as the “crypto capital of the planet,” industry players are reassessing their priorities, potentially to Europe’s detriment. Trump’s…

  • Early mainnet launch of Kraken’s Ink blockchain

    Early mainnet launch of Kraken’s Ink blockchain

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    V Sinclair

    Kraken exchange has launched its new Layer-2 blockchain, Ink, on the mainnet earlier than expected, thanks to strong community support and developer excitement. Originally set for a 2025 release, Ink is coming out early due to high demand shown by millions of testnet transactions and many connected wallets. Ink is built on the Optimism Superchain and…

  • Russia Turns to Bitcoin for International Trade Amid Sanctions

    Russia Turns to Bitcoin for International Trade Amid Sanctions

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    Oscar

    In a bold move to counter Western sanctions, Russia has begun using Bitcoin and other cryptocurrencies to facilitate international trade. Finance Minister Anton Siluanov confirmed this significant shift, emphasizing its potential to reshape the country’s economic strategy. Bitcoin to Circumvent Sanctions Following severe sanctions over its invasion of Ukraine, including being cut off from SWIFT,…

  • Injective partners with Sonic to create an AI agents hub

    Injective partners with Sonic to create an AI agents hub

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    V Sinclair

    Injective and Sonic, a game platform using the Solana Virtual Machine (SVM), have teamed up to create the first cross-chain artificial intelligence (AI) agent platform. This new project will use Sonic’s HyperGrid technology to connect the Injective and Solana ecosystems, creating a Smart Agent Hub for developers. The Smart Agent Hub will use the Inter-Blockchain Communication…

  • Arthur Hayes Boosts ENA Prices with Investments

    Arthur Hayes Boosts ENA Prices with Investments

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    V Sinclair

    Arthur Hayes, the co-founder and former CEO of BitMEX, has made a notable impact on the cryptocurrency landscape by investing in the altcoin Ethena (ENA). How Did Hayes Recover from Losses? Despite liquidating his Aethir holdings at an approximate loss of $815,000 at the end of November, Hayes swiftly turned his fortunes around with his…

  • Interest rates remain unchanged by the Bank of Japan, and the cryptocurrency market is now thriving.

    Interest rates remain unchanged by the Bank of Japan, and the cryptocurrency market is now thriving.

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    V Sinclair

    The Bank of Japan (BOJ) has decided to keep its interest rates unchanged, maintaining the short-term rate at 0.25%. This marks the third consecutive time the BOJ has opted to hold rates steady, following similar decisions in September and October. Following the announcement, the Japanese yen fell to 155, showing a clear shift towards Bitcoin…

  • Cryptocurrency markets lost $140 billion when Bitcoin (BTC) fell $4K from its most recent peak (Market Watch).

    Cryptocurrency markets lost $140 billion when Bitcoin (BTC) fell $4K from its most recent peak (Market Watch).

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    V Sinclair

    Following several consecutive days of seeing mostly gains and charting new peaks, bitcoin has finally retraced by dropping by over four grand over the past 12 hours or so. The altcoins have followed suit, with notable price drops evident from the likes of ETH, DOGE, ADA, TRX, AVAX, and more. BTC Falls by $4K The…

  • Crypto Investment Products Hit 10th Week of Inflows

    Crypto Investment Products Hit 10th Week of Inflows

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    Oscar

    Crypto investment products have marked a milestone, recording their 10th consecutive week of inflows, with a total of $3.2 billion added in the trading week of December 9–13. The surge highlights strong investor sentiment as Bitcoin hits new highs and Ethereum-based products gain traction. $3.2 Billion Inflows Amid Bitcoin’s Rally Digital asset investment products recorded…

  • Bitcoin Surges Past $106K, Outpaces Gold with Unmatched Purchasing Power

    Bitcoin Surges Past $106K, Outpaces Gold with Unmatched Purchasing Power

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    Oscar

    Bitcoin has achieved another historic milestone, soaring past $106,000 per coin and reaching unprecedented purchasing power relative to gold. The Bitcoin-to-gold ratio, a key metric comparing Bitcoin’s value to that of gold, hit an all-time high of 40 ounces of gold per Bitcoin. Bitcoin-to-Gold Ratio Hits Record High Veteran trader Peter Brandt highlighted this milestone,…

  • Crypto Trading Skyrockets Post-Elections, Hits New Milestones

    Crypto Trading Skyrockets Post-Elections, Hits New Milestones

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    Oscar

    November witnessed a remarkable surge in crypto trading, driven by renewed investor enthusiasm following the U.S. general elections. Centralised exchanges and derivatives platforms reported record-breaking growth, signaling a bullish shift in the market. Spot Trading Volume Soars Crypto spot trading volume surged by 141% in November, with South Korea’s Upbit leading the charge with a…