Bitcoin price peels back from its weekly high, but BTC derivatives markets look good
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish. Go to Source
Month: November 2024
Robert Kiyosaki Explains Why He Trusts BTC and Supports Bitcoin Standard
Rich Dad Poor Dad author Robert Kiyosaki has revealed his reasons for trusting bitcoin and advocating “the Bitcoin Standard,” sharing a bold vision for the future of money. Why I Love Bitcoin: Kiyosaki Reveals His Faith in a New Financial Standard Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed his strong support for … Read more
UBS Launches Tokenized Fund on Ethereum, Signaling a Major Shift in Wealth Strategy
UBS has launched its first tokenized fund, offering institutional-level cash management via Ethereum blockchain to meet the rising demand for digital assets. Behind the Curtain: UBS’ First Tokenized Fund Breaks New Ground in Asia UBS Asset Management announced on Friday the launch of its first tokenized investment fund, the “UBS USD Money Market Investment Fund … Read more
Stablecoin supply alone won’t pump Bitcoin markets — Ki Young Ju
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. Go to Source
Crypto Exchange M2 Confirms $13.7 Million Breach, Says Issue Resolved Within 16 Minutes
M2 Exchange recovered from a $13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security incident on Oct. 31 that involved $13.7 million. The exchange said customer funds … Read more
Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?
According to the latest data, the stablecoin economy now holds a value of $172.892 billion, with October adding $555 million to the fiat-pegged token market. Stablecoin Market Continues to Climb Last month saw stablecoins grow modestly, with the market inching up 0.32% from $172.337 billion to $172.892 billion. Leading the pack, tether (USDT) now boasts … Read more
‘I dropped the EigenLayer advisorship’ — ETH Foundation’s Justin Drake
Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields. Go to Source
Transparent Illusion: The Discrepancy in Polymarket’s Volume
The recent surge in prediction markets has coincided with the upcoming presidential election, as those seeking a supplement to traditional polling look to new methodologies. As election day draws closer, established prediction markets have seen their volumes skyrocket, while fresh players are jumping in to launch their own platforms. This sudden influx of companies offering … Read more
Web3 Game Off the Grid Presents Save Democracy Pack Featuring Trump’s and Harris’ Skins
Web3 game Off the Grid has presented its “Save Democracy” pack, which includes skins resembling candidates from both sides of the aisle. Characters resembling the likenesses of Kamala Harris and Donald Trump are included featuring one-liners mocking the statements of the U.S. presidential election candidates. Off the Grid Gets Political With Save Democracy Pack, Including … Read more
OKX Wallet Sees Whales Massive Moves; More on Plus Wallet & Coinbase
Plus Wallet Impresses with its Speedy 15-Min Token Listings While Coinbase Unveils AI Tool & OKX Wallet Faces Whale Action In a recent Coinbase update, the company unveiled “Based Agent,” an AI-powered tool designed to simplify crypto operations, hinting at new possibilities in blockchain interactions. Meanwhile, a notable whale move saw 4,000 ETH withdrawn from … Read more
