Allez Labs proposes yield opportunity for Polygon PoS bridge funds
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates. Go to Source
Month: December 2024
A Life-Changing Win at Playbet.io: From €160 to 1 BTC
PRESS RELEASE. A lucky Playbet.io casino player, Peter, has turned a modest €160 deposit into a life-changing win of 1 Bitcoin, worth approximately €95,000. The win came as part of Playbet.io’s exciting Win 1 BTC Raffle, capturing the imagination of players across the globe. Peter, a 33-year-old poker enthusiast from Hungary, couldn’t contain his excitement … Read more
VanEck predicts Q1 2025 crypto correction before Q4 all-time highs
Bitcoin could reach $180,000 by the end of 2025, the asset manager said. Go to Source
Galaxy Digital hires veteran hedge fund executive as new CFO
Tony Paquette will reportedly assume the chief financial officer position as Alex Loffe transitions into a new role. Go to Source
Bitcoin Technical Analysis: Is $103,000 the Final Hurdle Before a Massive Rally?
Bitcoin’s price is holding steady at $101,056 per coin, signaling a phase of stabilization as traders analyze conflicting indicators from oscillators and moving averages across various timeframes. Bitcoin On the 1-hour chart, bitcoin is in a consolidation pattern with a mild upward trend after tumbling from $102,582 to $99,250. The $99,000-$99,500 range has shown dependable … Read more
Societe Generale, Banque de France complete blockchain repo transaction
The transaction involved tokenized bonds issued on the Ethereum blockchain as collateral in exchange for CBDC issued by the Banque de France. Go to Source
Riot Platforms buys more than $500M in Bitcoin
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value. Go to Source
Gold and Silver vs. Biden’s ‘Inflation Nightmare’: Florida’s CFO Reveals Bold Plan to Counter CBDC Threats
Florida’s Chief Financial Officer (CFO) Jimmy Patronis has announced an ambitious initiative to assess the viability of using gold and silver bullion as legal tender in the Sunshine State. Florida’s Golden Shield: Fighting Inflation and CBDCs With Precious Metals According to the state’s CFO, Jimmy Patronis, the study, led by the Florida Department of Financial … Read more
Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap. Go to Source
Glassnode Report Reveals $131 Trillion Bitcoin Transfer Volume and Institutional Expansion
Bitcoin has reached a historic $100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $131 trillion in transaction volume, a $2 trillion market cap, and increasing institutional adoption. Bitcoin’s $131 Trillion Journey According to Glassnode’s latest onchain report, bitcoin (BTC) has crossed a monumental threshold, reaching $100,000 per coin on Dec. … Read more
