On November 18, Binance made headlines with the introduction of BFUSD, a yield-bearing stablecoin tailored specifically for futures and perpetuals traders. This innovative financial instrument aims to attract investors by offering an impressive annual percentage yield (APY) of approximately 19.55%. By enabling users to earn rewards simply by holding BFUSD in their futures accounts, Binance
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Recent media reports indicate that the Trump Media and Technology Group (TMTG) is in advanced negotiations to acquire Bakkt, a prominent cryptocurrency trading platform under the umbrella of the Intercontinental Exchange (ICE). If the deal materializes, it would mark a significant foray for TMTG into the burgeoning world of cryptocurrency, a space that has gained
In an ambitious step towards enhancing its cryptocurrency investments, Tokyo-based Metaplanet has taken a bold move by announcing a new debt issuance. This decision, revealed during a Board of Directors meeting on November 18th, 2024, reflects a strategic alignment with current trends in corporate treasury management, particularly those observed in the cryptocurrency sphere. Metaplanet plans
In recent weeks, Solana has unequivocally demonstrated its burgeoning potential in the world of decentralized finance (DeFi) by achieving a remarkable milestone. The decentralized exchange (DEX) ecosystem on Solana has surpassed $70 billion in monthly trading volume for the first time, shattering previous records and underscoring a powerful upward trend in trading activity. This explosive
A recent analysis by crypto expert Trader Tardigrade has shed light on a positive bullish pennant formation in the Bitcoin price chart, suggesting that significant upward momentum may be on the horizon. This pattern is particularly intriguing as it traditionally indicates a potential continuation of an upward trend following a minimal phase of consolidation. Trader
The upcoming Polish presidential elections in May 2025 have taken a significant turn with the announcement from Sławomir Mentzen, a 37-year-old libertarian politician and the leader of the New Hope party. His recent pivot toward cryptocurrency, especially his proposal for a “Strategic Bitcoin Reserve,” underscores a growing trend in global politics where digital assets are
The cryptocurrency market has showcased a notable resilience over the weekend, with Bitcoin holding its ground above the $90,000 threshold. With its price hovering just below the $92,000 mark, Bitcoin is once again rallying, eyeing a potential breakout that could challenge its all-time highs. This stable movement comes as Bitcoin’s total market capitalization eclipses $3.2
In an era where transparency and accountability are paramount for organizations, the Cardano Foundation has taken a commendable step by releasing its 2023 Financial Insights Report. As the backbone of the Cardano ecosystem, this non-profit has made significant strides in outlining how it allocated its resources throughout the year. This report marks the foundation’s inaugural
Bitcoin (BTC) has been making headlines with its impressive surge to around $93,400 recently, sparking discussions about its potential to reach the coveted $100,000 milestone. According to insights from CryptoQuant, a prominent analytics platform, the notion that Bitcoin may be overvalued is dismissed based on several key indicators. The Trader On-chain realized max band, a
In a groundbreaking announcement, Genius Group Limited has set a precedent within the corporate world by adopting a “Bitcoin-first” strategy, making Bitcoin the principal reserve in its treasury management framework. This strategic redirection not only aligns with contemporary financial innovations but also signals a shift towards more decentralized modes of operational finance in the corporate