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Exploring Perpetual Liquidity Pools: The Future of Decentralized Finance
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Month: November 2024
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Press Release
US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders
Spot Bitcoin exchange-traded funds (ETFs) have reached an impressive benchmark, crossing $100 billion in net assets. According to SoSoValue data, this achievement represents 5.4% of Bitcoin’s total market value. Spot Bitcoin ETFs Data (Source: X/Balchunas) The 12 Bitcoin ETFs, launched by prominent issuers such as BlackRock and Fidelity, have reached this milestone in just 10 […]
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Dogecoin Hashrate Surges To New All-Time High Amid Rise In Positive Momentum
The Dogecoin hash rate has spiked sharply, reaching new all-time highs. This bullish development reflects increasing network activity and miner participation. The surge also aligns with the recent positive shift in Dogecoin’s momentum, which favorable market conditions and sentiment have bolstered. Dogecoin Hashrate Reaches New ATH Dogecoin mining activity is experiencing a major upsurge, as […]
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Best Meme Coins to Buy Now in 2024 and Why Altcoin Season is Knocking on the Door
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Ai for the people by the people: A look at the future of decentralized AI
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Prom Announces Mainnet Launch Bringing Better Blockchain Scalability
Seoul, South Korea, November 21, 2024 – Prom, a scalable network based on Polygon SDK, today announced the launch of its mainnet, following an extensive testnet campaign that saw over 25,000,000 transactions and 2,000,000 unique wallets interacting with a chain. This milestone is a step forward in blockchain scalability, as Prom leverages zero-knowledge proof technology […]
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Metaplanet Acquires Additional 124 BTC as Stock Prices Skyrocket
Metaplanet has announced the purchase of 124.117 bitcoin for a total of 1.75 billion yen. This brings the company’s total bitcoin holdings to 1,142.287 BTC, valued at around 11.372 billion yen (approximately $73 million). Metaplanet’s Stock Surges 15% According to a post on X, the new purchase was made at an average price of 14,099,600 […]
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Bitcoin Reserve Campaign Expands With VanEck’s Endorsement
The Bitcoin reserve campaign in the US continues to gain momentum, with more players showing support by the day. With endorsements at state and national levels, prospects continue to grow for the US stockpile of Bitcoin (BTC) to reach 1 million coins eventually. Nevertheless, skeptics also exist, with some pushing that a Bitcoin reserve would […]
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MicroStrategy’s BTC-Fueled Trading Volume Surpasses Apple, Amazon, Meta Combined
MicroStrategy (MSTR), a leading business intelligence firm turned Bitcoin holder, has made history, achieving an astounding $21.8 billion in trading volume on November 19, 2024. The milestone surpassed the combined trading volumes of tech heavyweights Apple (AAPL), Amazon (AMZN), and Meta (META), highlighting the market’s growing enthusiasm for MicroStrategy’s BTC-centric strategy. Unprecedented Momentum Data shared […]
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Bitcoin Faces ‘Bank Run’ Risk, Cyber Capital’s Bons Warns
Bitcoin (BTC) may be at risk of a catastrophic “bank run,” according to Justin Bons, founder and CIO of Cyber Capital. A bank run is when customers withdraw their deposits from a financial institution over fears of insolvency. Bitcoin Cannot Handle Mass Exits, Bons Says In a detailed social media thread, Bons highlighted critical flaws […]
