Solana prepares for possible ‘sizable’ move after defending $120 support
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally. Go to Source
Month: September 2024
Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already been predicted by several analysts and institutions, who also expect … Read more
SEC approves options for BlackRock’s spot Bitcoin ETF
The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January. Go to Source
Crypto Biz: Circle prepares to debut on Wall Street
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025. Go to Source
Securitize adds Wormhole for multi-chain RWA tokens
Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say. Go to Source
Securitize Selects Wormhole as Official Blockchain Interoperability Provider
Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidity and accessibility for tokenized assets while bridging traditional and decentralized finance systems. Securitize Enhances Tokenized Asset Liquidity Through Wormhole Integration According to the announcement … Read more
SEC seeks sanctions against Elon Musk over Twitter purchase
Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States. Go to Source
Do Kwon’s extradition case goes back to Montenegrin Justice Minister
According to Montenegro’s Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwon’s extradition to face criminal charges. Go to Source
Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go way back, it’s a mind-blowing 477,677% … Read more
Trump silent on crypto platform, SEC urged to clarify airdrops: Finance Redefined
Former President Donald Trump remained silent about his family’s upcoming crypto platform, and Republican Party lawmakers urged the SEC to clarify its stance on crypto airdrops. Go to Source