Cardano’s Market Cap Triples As $ADA Eyes $6 Target

Cardano ($ADA) has experienced a remarkable surge, tripling its market cap in just 17 days. The coin now approaches a significant milestone—a $1.00 market value—for the first time since April 2022. Today also marked the highest realized profits for $ADA traders in eight months, while social media buzz around the coin has reached an 11-month … Read more

@Ethena_Labs’ USDe Hits $3.65B Supply, Cementing Its Position In DeFi

@Ethena_Labs’ innovative stablecoin, $USDe, has reached a new milestone with a total supply of $3.65 billion, driven by strong demand for its funding rate yield. This growth highlights the increasing confidence in $USDe, as 75% of the coin’s supply is now staked, solidifying its stability. Since its launch, $USDe has consistently maintained its 1:1 peg … Read more

Bitcoin Nears $100K As Institutional Confidence Grows

Bitcoin continues its march toward the elusive $100,000 milestone, hitting an all-time high of $99,850. As it nears this psychological barrier, limit sell orders are being triggered, and many in the market believe it’s only a matter of time before Bitcoin crosses the six-figure threshold. However, long-term Bitcoin holders appear to be taking a cautious … Read more

Digital Assets Platform Nexo Introduces USD, EUR, and GBP Fiat Accounts

Nexo, a digital assets wealth platform, has announced the launch of personal USD, EUR, and GBP fiat accounts. This new offering provides clients in over 150 countries with a seamless way to conduct bank transfers directly in their name, enabling efficient multi-currency management within a single platform. The introduction of these fiat accounts marks a … Read more

Vanilla Finance Closes Pre Seed Investment Round led by UOB Ventures, Paper Ventures & ABCDE Labs

PRESS RELEASE. Singapore, November 26th, 2024 – Vanilla Finance, the #1 exchange by trading volume on Telegram, today announced the successful closure of their Pre-Seed investment round led by Paper Ventures, UOB Ventures, & ABCDE Labs among other top tier ventures and investors, including HTX Ventures, Ocular, Openspace, Y2 Ventures, Signum Capital and angel investors … Read more

Bitcoin Technical Analysis: BTC Posts the Largest Bearish Daily Candle in Months

Bitcoin’s price movements on Nov. 26, 2024, paint a clear picture of bearish momentum in the short- and mid-term, with a pivotal support zone at $92,000 under close scrutiny. Bitcoin On the 1-hour chart, bitcoin‘s descent is evident, marked by a consistent pattern of lower highs and lows. A bold red candlestick sliced through the … Read more

Sui Partners With Babylon to Launch Bitcoin Staking Initiative

Babylon Labs and Lombard Protocol have jointly unveiled a strategic initiative aimed at integrating Bitcoin with Sui, the Layer 1 blockchain and smart contract platform. This collaboration seeks to onboard bitcoin liquidity into the Sui ecosystem, enhancing decentralized finance (defi) with LBTC as a core collateral asset. Starting in December, bitcoin holders will be able … Read more