November 20, 20240 Comments

Spot Bitcoin ETF Options Debut on Nasdaq With Record Trading: Details

Spot Bitcoin ETF options officially debuted on the Nasdaq, marking a pivotal development for the cryptocurrency market. With the arrival of these options, starting with the BlackRock BlackRock’s iShares Bitcoin Trust ETF (IBIT), investors inevitably received additional instruments for hedging risks and covering exposure to Bitcoin’s fluctuations. Nasdaq recorded 73,000 IBIT options contracts on the first 60 minutes of trading, ranking the company among the 20 most active non-index options.

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November 20, 20240 Comments

How Much Could Solana Price Rise This Week?

Solana (SOL) price in the last 24 hours has shown bullish momentum, with its price ranging between $247.09 and $234.15. However, at press time, Solana is trading at $237, reflecting a 1.08% decline from a key resistance level. Despite this minor retracement, analysts predict that Solana could be on the cusp of a breakout this week, potentially setting a new all-time high. Will Solana Price Rise This Week? Solana’s recent

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November 19, 20240 Comments

MEXC Unveils Industry’s Biggest Ferrari Giveaway With a 10,000,000 USDT Prize Pool

Singapore MEXC, one of the world’s top cryptocurrency exchanges, has officially launched its much-anticipated Ferrari giveaway event, featuring the largest prize pool in the industry. With an impressive 10,000,000 USDT up for grabs, this event represents a major milestone for MEXC, reinforcing its commitment to delivering unmatched value and opportunities for its users. Participants will have the opportunity to win a Ferrari SF90 Stradale and share in the prize pool,

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November 19, 20240 Comments

Brian Armstrong Proposes US Sovereign Wealth Fund That Pays Americans Dividends Through Elon Musk’s D.O.G.E.

Coinbase co-founder and CEO Brian Armstrong is proposing a plan that would pay dividends to Americans while making the size of the government leaner. Armstrong says on the social media platform X that President-elect Donald Trump’s proposed Department of Government Efficiency (DOGE) is a “once in a lifetime opportunity” to “cut the size of government back to health.” According to the Coinbase CEO, America’s founding fathers may have failed to

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November 19, 20240 Comments

Anthony Pompliano Urges US To Print $250B for Strategic Bitcoin Reserve

Bitcoin advocate Anthony Pompliano has called for the United States to allocate $250 billion for a Bitcoin Strategic Reserve. He proposed printing this amount and using it entirely to purchase Bitcoin as a financial safeguard against the devaluation of the dollar. This announcement comes as Bitcoin recently surged to an all-time high of over $94,000. Anthony Pompliano Urges US to Print $250B for Bitcoin Reserve Anthony Pompliano has outlined his

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November 19, 20240 Comments

Two Solana Ecosystem Altcoins Jump After Crypto Exchange Bithumb Announces Trading Support

Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb. Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) and automated market maker (AMM) protocol Raydium (RAY). Amid the news, monkey-themed PONKE has shot up more than 7% in the last 24 hours, trading for $0.77 at time of writing. The memecoin is up more than 90% in the last 30

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November 19, 20240 Comments

Chainlink Collaborates With Microsoft on CBDC Commissioned By Brazil’s Central Bank

Blockchain oracle service provider Chainlink (LINK) is working on a pilot project for Brazil’s proposed central bank digital currency (CBDC) called DREX with Microsoft and other firms in the country. In a press release, Chainlink says it is collaborating with Microsoft Brazil, digital bank Banco Inter and blockchain finance firm 7COMm to build a trade finance solution as part of the second phase of the DREX pilot. The goal of

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November 19, 20240 Comments

Coinbase To Delist wBTC Trading Amid Justin Sun Increasing Influence

Coinbase has officially announced plans to suspend trading for Wrapped Bitcoin (wBTC) starting December 19, 2024. Users will retain the ability to transfer their wBTC tokens off the exchange even after the delisting. The crypto exchange stated that this decision follows routine asset reviews to ensure compliance with its listing standards. Coinbase Suspends wBTC Trading Amid Push For Exchange’s cbBTC According to a recent post on X, Coinbase confirmed it

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November 19, 20240 Comments

Peter Schiff Questions Michael Saylor’s Bitcoin Digital Energy Claims By U.Today

U.Today – Peter Schiff, a long-time critic of , has reignited his wordplay with MicroStrategy Chairman Michael Saylor over Bitcoin’s energy status. The Bitcoin critic dismissed Saylor’s claim that Bitcoin is digital energy. Peter Schiff’s latest critique of Bitcoin The Bitcoin critic dismissed Michael Saylor’s claim that Bitcoin is “digital energy.” He mentioned that it is just another label, like “digital gold.” He believes these terms are exaggerated and do

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November 19, 20240 Comments

Crypto Veteran Arthur Cheong Bullish on DEX Built on Coinbase-Backed Base Chain

The venture capitalist Arthur Cheong is calling attention to one decentralized exchange (DEX) altcoin he thinks is primed for a bullish trajectory. The DeFiance Capital CEO, citing data from the analytics firm Nansen, points out to his 180,800 followers on the social media platform X that Coinbase Ventures has been heavily investing in Aerodrome Finance (AERO). “Coinbase Ventures historically do six-figure venture deals and seldom went beyond $1 million investments

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