-
The Trump Family's Cryptocurrency Venture: WorldLibertyFinancial Launches on Aave, Can It Break Through?
The Trump Family's Cryptocurrency Venture: WorldLibertyFinancial Launches on Aave, Can It Break Through?WorldLibertyFinancial (WLF), a crypto project backed by the Trump family, announced on Wednesday that it will launch on AaveV3 on the Ethereum mainnet, allowing users to borrow and lend assets such as ETH, WBTC, USDC, and USDT. The project aims to build a secure borrowing and lending platform, with plans to allocate 20% of its protocol interest to the Aave ecosystem reserve and expand to the Scroll Ethereum Layer 2 network in the future
-
Crypto Market Rebounds: Can Bitcoin Hold Above $62,000? Is October's Bull Run Continuing?
Crypto Market Rebounds: Can Bitcoin Hold Above $62,000? Is October's Bull Run Continuing?The cryptocurrency market has seen a rebound since the Federal Reserve (Fed) announced a significant 50-basis-point interest rate cut last month. After a dip triggered by geopolitical instability, Bitcoin surged back above $64,000 on Monday (7), reaching a high of $64,466
-
$500 Million Vanishes Into Thin Air: A Trust Crisis for Bitcoin?
$500 Million Vanishes Into Thin Air: A Trust Crisis for Bitcoin?Half a billion dollars (approximately 3.06 billion yuan) has disappeared without a trace
-
Bitcoin Futures Plunge Over 1% on Tuesday, Ethereum Futures Tick Up
Bitcoin Futures Plunge Over 1% on Tuesday, Ethereum Futures Tick UpAt the end of trading in New York on Tuesday, the CME Bitcoin Futures BTC main contract closed at $62,575.00, down 1
-
Bitcoin Stumbles at $64,000: Macroeconomic and Geopolitical Headwinds Prevail
Bitcoin Stumbles at $64,000: Macroeconomic and Geopolitical Headwinds PrevailAfter nearing $64,000, Bitcoin appears to have encountered a temporary resistance. The cryptocurrency fell back above $62,000 in early trading today (August 8th), and currently, it has slightly recovered to $62,400
-
Whale Continues To Dump ETH Amidst Gloomy Market Sentiment, Can Ethereum Rise Against the Tide?
Whale Continues To Dump ETH Amidst Gloomy Market Sentiment, Can Ethereum Rise Against the Tide?According to recent monitoring by on-chain data analyst, Yu Jin, a whale holding 150,000 ETH has once again transferred 5,000 ETH (approximately $12.22 million) to the Kraken exchange
-
Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network Development
Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network DevelopmentA new Ethereum Improvement Proposal (EIP-7781) aims to boost network throughput by 50%, making it more competitive with speed-focused blockchains like Solana. Proposed by Ben Adams, co-founder of IllyriadGames, the EIP has gained support from key stakeholders like Ethereum co-founder Vitalik Buterin
-
Bitcoin Under the Dollar Hegemony: The 2024 US Election's Crypto Battlefield
Bitcoin Under the Dollar Hegemony: The 2024 US Election's Crypto BattlefieldSince its inception, Bitcoin, a revolutionary technology, has been inextricably linked to the global financial system and political landscape. The 2024 US presidential election, a global spectacle, will witness the first deep engagement between Bitcoin and the American political arena
-
Bitcoin and Ether Futures Close Higher on Monday
Bitcoin and Ether Futures Close Higher on MondayOn Monday (October 7), at the close of trading in New York, the CME Bitcoin futures BTC main contract settled at $63,230.00, up 0
-
Capital Flight Triggered by China's Economic Stimulus: Will Bitcoin Be Abandoned?
Capital Flight Triggered by China's Economic Stimulus: Will Bitcoin Be Abandoned?China's recent economic stimulus package, designed to revitalize its sluggish economy, has unexpectedly triggered a capital shift from the cryptocurrency market, particularly Bitcoin, to the Chinese stock market. The Shanghai Composite Index and the Hang Seng China Enterprises Index have surged on the back of the stimulus, while Bitcoin prices have seen a notable decline
-
Bitcoin Rallies to $64,000 as Investors Await Fed Rate Decision
Bitcoin Rallies to $64,000 as Investors Await Fed Rate DecisionBitcoin (BTC) and the broader cryptocurrency market showed a bullish trend in early trading on Monday, while stocks and gold traded in the red, as traders reassessed their expectations for a November rate cut. The move reflects the market's sensitivity to the Federal Reserve's policy stance and the future direction of the economy
-
Is the Whale's Recent ETH Buy-In a Sign of Confidence in Ethereum's Future?
Is the Whale's Recent ETH Buy-In a Sign of Confidence in Ethereum's Future?The cryptocurrency market has once again been stirred by an intriguing development. On-chain analyst @ai_9684xtpa has observed that a whale, previously known for losing $8