Whale voters squash plan to rebrand DeFi protocol Sky back to Maker
Four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand.
Posts published on November 8, 2024 go to media archive 4/4
CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom: Report
WonderFi CEO was forced into a vehicle but released after a ransom was paid.
BNB Price Set to Surge: Could It Be the Next Big Mover?
BNB price struggled to stay above the $600 zone. The price is consolidating gains and might aim for a fresh increase above the $605 level. BNB price started a downside correction from the $612 resistance zone. The price is now trading above $590…
Whales drive NFT comeback on BNB Chain in Q3: Messari
NFT trading volume on BNB Chain increased 283% quarter-on-quarter in Q3, driven by whales as average daily buyers fell over 50%, according to Messari.
Eclipse, the first Ethereum L2 based on Solana launches mainnet
The launch of Eclipse is one of the most hyped network launches of the year, with the hybrid blockchain project securing over $65 million in funding prior to its launch on Nov. 7.
‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul
Significant changes are on the horizon for the SEC, predicts Coinbase’s legal chief, who foresees a Trump-led agency narrowing its focus to fraud instead of sweeping industry crackdowns. SEC Faces Reckoning — Crypto Industry Awaits New Dawn in…
XRP Price Gains Fade Once Again: Will Support Hold?
XRP price gained pace for a move above the $0.5500 support zone. The price rallied toward $0.5780 resistance and then quickly faded most gains. XRP price is losing pace above the $0.5500 zone. The price is now trading above $0.5320 and the…
Binance Hits $8.3B Open Interest High—Here’s What It Signals For the Crypto Market
Binance, one of the world’s largest crypto exchanges, has achieved a new milestone as its open interest (OI) surged to an all-time high (ATH) of $8.3 billion, according to a report by CryptoQuant analyst Burak Kesmeci. This increase, representing a…
Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market
The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase.
BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high
BlackRock’s spot Bitcoin ETF has surpassed $1 billion in inflows for the first time since its launch in January.
America Elects the Most Pro-Crypto Congress Ever, Declares Coinbase CEO
A newly elected, pro-crypto Congress is set to reshape U.S. policy, says Coinbase CEO, with 281 advocates ready to drive clear regulations and economic freedom. Coinbase CEO Welcomes the Most Pro-Crypto Congress in US History Coinbase CEO Brian…
Ethereum Price Rise Targets $3,000: Will It Cross the Mark?
Ethereum price started a fresh increase above the $2,720 resistance. ETH is up over 10% and now approaches the key barrier at $3,000. Ethereum started a fresh surge above the $2,720 resistance zone. The price is trading above $2,750 and the…
Bitcoin Price Advances Again: Can Bulls Push It Even Higher?
Bitcoin price is gaining pace above $75,000. BTC is rising and might aim for a move above the $77,000 resistance zone in the near term. Bitcoin started a fresh surge above the $74,500 zone. The price is trading above $74,000 and the 100 hourly…
Crypto Power Surge: Over 280 Pro-Crypto Allies Secure US Congress Seats
A pro-crypto Congress takes shape as more than 280 newly elected crypto-friendly allies promise to drive bold reforms, fueling momentum for a decentralized financial future. A New Congress Emerges, Driven by Crypto Voters and Rising Influence The…
Ethereum L2 Project Spark Launches On-Chain Order Book On Fuel Network To Enhance Trading
Spark, a decentralized trading protocol, announced the first fully on-chain order book for the Ethereum ecosystem. Launching on Fuel Network, the project aims to provide solutions for some of the limitations in the Decentralized Finance (DeFi)…
Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets
The U.S.'s Republican Party seems set to keep control of the House of Representatives, completing its trifecta after flipping the Senate and White House in the 2024 election cycle — confirming odds on betting site Polymarket.
JPMorgan Stays Bullish: ‘We Are Positive on Bitcoin Into 2025’
Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss
Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses.
Detroit residents will be able to pay taxes with crypto from mid-2025
Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.
Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go?
Analyst Tony Severino has revealed that the Bitcoin price currently has a ceiling of $137,000. This has raised questions about whether this is the highest point that the flagship crypto can reach in this market cycle, and the analyst also provided…
Anthropic, Palantir follows Meta’s lead taking AI to war
Anthropic’s AI model will be integrated into one of Palantir’s data systems, which is authorized to contain “secrets” critical to US national security.