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Bitcoin dominance rises to 60% as altcoins falter
The recent downturn in the crypto market, marked by significant losses for major altcoins like Ethereum, Solana, and XRP, is driving investors back to Bitcoin. Data from TradingView reveals that […]
El Salvador defies IMF, ramps up Bitcoin strategy with latest purchase of $1M BTC
El Salvador is accelerating its Bitcoin acquisition strategy, even as it scales back specific policies following an agreement with the International Monetary Fund (IMF). On Dec. 20, the country’s National […]
Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip
Bitcoin mining giants Marathon Digital Holdings and Hut 8 have capitalized on Bitcoin’s recent correction by making multi-billion-dollar investments in the flagship cryptocurrency. On Dec. 19, the companies announced purchases […]
German regulator orders Worldcoin to enhance privacy measures after biometric data probe
The Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to implement stricter privacy measures after concluding its investigation into the company’s biometric data practices. Worldcoin (WLD) has […]
Institutions absorb 8 years’ worth of Bitcoin issuance in 2024
Institutional players bought 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and 4.3% of its total circulating supply, according to a K33 Research report. The majority […]
Bitwise CIO downplays price ‘hiccup’ amid Bitcoin bull trend after FOMC shakes markets
Bitcoin’s price experienced a sharp pullback following the US Federal Reserve’s recent rate cut, but market experts like Bitwise CIO Matt Hougan remain optimistic about the asset’s long-term trajectory. On […]
Arthur Hayes predicts crypto slump around Donald Trump’s inauguration
BitMEX co-founder Arthur Hayes has forecasted a sharp downturn in the crypto market around the inauguration of US President-elect Donald Trump. Hayes attributes this potential decline to a mismatch between […]
Polygon rejects proposal to bridge funds into Morpho to drive DeFi growth
The Polygon community has decided against a proposal to deploy $1.3 billion in stablecoins from its Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform. […]
Bitwise debuts Solana staking ETP on Deutsche Börse Xetra
Bitwise Asset Management has introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing institutional and retail investors with streamlined access to Solana’s (SOL) staking rewards. The new […]
Ethena Labs introduces sUSDe as collateral for Trump-backed WLFI protocol
Ethena Labs proposed integrating its synthetic stablecoin, sUSDe, into World Liberty Financial (WLFI) on Dec. 18. The proposal stated that this partnership would boost capital efficiency and liquidity in WLFI’s […]