Bitcoin Price Rejection Drama: Will the $84K Safety Net Hold?

Bitcoin’s price sits at $89,764 on Thursday morning with a market cap of $1.79 trillion and a 24-hour trading volume that just grazed $47.55 billion. The coin strutted through a price corridor of $89,774 to $92,125 in the last day, testing traders’ patience and perhaps their caffeine tolerance. Bitcoin Chart Outlook On the daily chart, … Read more

Babylon Secures $15M Funding From A16z Crypto to Expand Bitcoin Lending

Babylon raises $15 million from A16z Crypto to develop trustless bitcoin lending protocols. Babylon, a bitcoin staking and lending startup founded by David Tse and Fisher Yu, announced a $15 million A16z Crypto investment. The funding will support the rollout of its trustless vaults architecture, enabling native bitcoin collateral in decentralized finance without wrapping or custodians. The … Read more

Bitget TradFi Surpasses $2 Billion in Daily Volume as Gold Trading Activity Surges

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, January 8, 2025 — Bitget, the world’s largest Universal Exchange (UEX), has recorded more than $2 billion in daily trading volume on Bitget TradFi, marking a major milestone since its public rollout on January 5. The performance highlights accelerating demand for access to traditional … Read more

Falcon Finance Introduces Dollar‑Yield Bitcoin Vault, Expanding Stablecoin‑Based Income Options

Falcon Finance launches an offchain bitcoin vault that pays 3–5% APR in USDf, the protocol’s stablecoin, without selling or wrapping BTC. Falcon Finance announced a new bitcoin yield vault that lets BTC holders earn a predictable 3%–5% annual percentage rate paid in USDf, the platform’s dollar‑denominated stablecoin. Bitcoin now represents over 80% of Falcon’s reserves, … Read more

Cambodia Extradites Billionaire Chen Zhi to China in Billion-Dollar Crypto Scam

Cambodian authorities extradited billionaire Chen Zhi, head of Prince Group, to China on Jan. 7 after his arrest with two associates. He is accused of orchestrating one of the world’s largest crypto scams, involving forced labor “scam factories” in Cambodia. Major Breakthrough in Transnational Crypto Fraud Investigation Cambodian authorities announced Jan. 7 that they have … Read more

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