PEPE Whale Buys 337 Billion Tokens – Price Rally Coming?
A single whale has shaken up the crypto world. They bought 337 billion PEPE tokens, worth about $6.92 million. This huge purchase has got investors and analysts buzzing with excitement. PEPE token has already seen a 200% price jump. It hit a new high of $0.0000248. Now, with this big buy, PEPE might be ready […]
Stripe’s $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle
Stripe, a top digital payments firm, plans to buy Bridge for $1.1 billion. This move shows fintech’s growing interest in Web3 tech. [https://cryptsy.com/bitcoin-liquidity-could-flow-to-cardano-ecosystem-with-new-btc-bridge/] Bridge recently bought Triangle, a major Web3 wallet platform. This purchase hints at Stripe’s push into blockchain and crypto. The deal could help Stripe expand its services in this new area. Key […]
Bitcoin’s Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten
Short-term holders sent over $2 billion of Bitcoin to exchanges at a loss on Thursday. This was the highest amount since August, signaling panic selling as Bitcoin dipped below $70,000. The activity involved 54,000 BTC, the highest volume since March 271. The sell-off wasn’t limited to Bitcoin. About $1 trillion was wiped from the US […]
DeFi to Have โWalled Gardenโ Moment as Internet of Money Matures: dYdX
DeFi is about to change big time. The Internet of Money is growing up fast. New data shows dYdX’s amazing progress1. With $266 million locked and a $674 million market cap, dYdX is leading the charge. DeFi platforms like dYdX are becoming super important. Charles D’Haussy, dYdX foundation’s CEO, sees big things ahead1. He thinks […]
Bitcoin Price Drop Leads to $250M Bullish Liquidations; Crypto Sentiment
The crypto market is experiencing a major shift. A recent Bitcoin price drop caused $250 million in bullish liquidations1. This event has sparked talks about DeFi’s future and its similarities to the early internet. Charles D’Haussy, CEO of the dYdX Foundation, sees DeFi like the 1990s internet. He believes the industry can learn from the […]
Singapore Pushes for Commercialization of Tokenization
Singapore leads the way in blockchain technology commercialization, focusing on digital asset tokenization1. The city-state aims to become a hub for this groundbreaking tech. This move supports Singapore’s goal to be a top FinTech center. Major financial institutions are already making waves in Singapore’s ecosystem1. Citi introduced Citi Digital Cash, a tokenized inter-branch deposit system. […]
Bitcoin Set for $6K-$8K Seesaw as U.S. Election Enters Final Stretch: Analyst
Bitcoin’s price could swing wildly as the U.S. presidential election nears its end. Greg Magadini from Amberdata predicts a $4,000 price shift based on options trading data. This forecast stems from a 112% annualized forward volatility on Deribit’s November 6 options. The tight race between Trump and Harris in swing states adds to the potential […]
CoinDesk 20 Performance Update: UNI Falls 8.6% as All Market Constituents Trade Lower
The CoinDesk 20 Index faced a tough day. All 20 of its cryptocurrencies traded lower. Uniswap’s UNI token took the biggest hit, dropping 8.6%1. This downturn highlights the volatility of digital assets. It shows how unpredictable the cryptocurrency world can be. Investors should stay alert and prepared for sudden market changes. Key Takeaways The CoinDesk […]
“There’s No Catch”: Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies
A Bitcoin mining startup is shaking up the crypto world. It’s offering “free money” to renewable energy companies. This novel approach aims to transform the crypto-clean energy relationship. The startup uses excess renewable energy for Bitcoin mining. This creates a win-win partnership. It provides green energy providers with a new revenue stream. This unique strategy […]
If U.S. Election Is Disputed, Prediction Markets Could Face ‘Hornet’s Nest’
Political betting faces a major challenge with a potential disputed U.S. election. This scenario could stir up a hornet’s nest in prediction markets1. These platforms are highly sensitive to political turmoil. A contested election outcome raises serious concerns for prediction markets2. The impact could be similar to shifts in NFL Power Rankings and college football. […]