Singapore, December 19, 2024 — exSat, a Bitcoin scaling solution provider, has announced a $5 million developer incentive program aimed at accelerating innovation within the Bitcoin ecosystem. The initiative will include a series of competitions, beginning in January 2025, and culminate in a showcase at Bitcoin 2025 in Las Vegas.
Notably, the program kicks off…
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Federal Reserve Cuts Rates by 25 Basis Points, Boosting Market Hopes
The Federal Reserve has officially reduced interest rates by 25 basis points, a move in line with market expectations. This rate cut is largely seen as a boost to markets, providing additional liquidity that could support risk-sensitive assets like cryptocurrencies. However, experts caution that…
Hong Kong approves four new crypto exchanges under its swift licensing process, bringing total licensed platforms to seven, with more steps ahead.
An academic study forecasts Bitcoin could exceed $1 million by 2027, driven by institutional adoption, limited supply, and halving events. Here is the summary below:
Bitcoin’s price could hit $1 million by January 2027, driven by institutional adoption and supply constraints. Halving events and liquid supply shortages are major catalysts for price surges. Multiple scenarios…
World Liberty Financial partners with Ethena Labs to integrate sUSDe token, expanding DeFi opportunities with stablecoin collateral.
The nine-spot ethereum ETFs surprisingly recorded no outflows for the day while pulling in a commendable $144 million.
The $144 million pulled in by the Ethereum ETFs is an encouraging figure compared to yesterday's $51 million.
Farside Investors UK data revealed that Blackrock’s ETHA recorded the highest inflow for the day pulling in $134 million. …
Blackrock’s Ishares Bitcoin Trust ETF (IBIT) pulled in a record $741 million yesterday, the highest inflow recorded by the leading Bitcoin ETF in two weeks.
This came amid Bitcoin hitting a new all-time high of $108,135 yesterday. The crypto asset continues to react to bullish developments surrounding a possible strategic Bitcoin reserve in the United…
Coinbase faces a lawsuit over delisting WBTC, citing Justin Sun’s involvement, while critics question its motives and legal challenges.
NiceHash, a leading cryptocurrency mining platform, has announced its relocation from the British Virgin Islands to Zug, Switzerland. The move, which began in November, is expected to conclude by mid-December, positioning the company within Switzerland's robust regulatory environment.
Notably, the decision aligns with NiceHash’s commitment to comply with the European Union’s upcoming Markets in Crypto-Assets…
Binance announced today that its SOL liquid staking token, BNSOL, has surpassed $1 billion in total value locked (TVL), marking a significant milestone in just three months since its September 2024 launch. The achievement represents over 10% of Solana’s liquid staking market, which now boasts a total capitalization of $8 billion.
BNSOL has rapidly emerged…
