Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency […] Source CryptoX Portal
Day: September 14, 2024
Report Says Solana Liquid Staking Could Touch $18 Billion
Este artículo también está disponible en español. A new report has highlighted the key changes that could follow a significant increase in Solana liquid staking. Driven by strong investor demand, if Solana’s liquid staking were to reach $18 billion, it could significantly benefit Solana (SOL) and Jito (JTO), a liquid staking token on the Solana blockchain, potentially fueling positive momentum and a rise in the value of both altcoins. Related Reading Adoption Boom To Ignite Solana Liquid Staking Over the past few years, SOL has had an impressive run, outperforming…
FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judge. Sam Bankman-Fried’s Appeal Targets Conviction Over Alleged Legal Missteps In an appeal filed with […] Source CryptoX Portal
Bitcoin ETFs rebound, analyst sees institutional interest breaking September’s bearish trend
Spot Bitcoin ETFs, or exchange-traded funds, broke out of a two-week outflow streak with over $403.8 million in weekly inflows. Analysts expect the uptick in institutional interest this year to help Bitcoin defy the bearish September narrative. According to SoSoValue, spot Bitcoin ETFs raked in $263.07 million on Sept. 13, the largest single-day inflow since July 22, with Fidelity and ARK Invest and 21Shares’ funds snagging over half of the day’s action. Fidelity’s FBTC continued its 5-day inflow streak, bringing in $102.1 million. ARK Invest and 21Shares’ ARKB, $99.3 million.…
Analysts See Shiba Inu Exploding 1,000%-7,300%
Este artículo también está disponible en español. Once more making waves with some fascinating predictions is Shiba Inu (SHIB). Top trader Dexter has set an ambitious long-term target for the meme coin despite market volatility, expecting it may rise from $0.00001389 to $0.00015, which is almost a 1,000% increase. Related Reading SHIB is exhibiting a 1.27% growth over the previous 24 hours, and over 7% in the last week. Still, it’s not getting much traction even while the larger crypto market shows an improving trend. Dexter forecasts SHIB could rally…
NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply
Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week. NFT Sales Total $74.86M in a Week Marked by Buyer Decline In the […] Source CryptoX Portal
DeFi needs more interoperability, not apps or infra
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. DeFi has too much infrastructure and not enough apps—or at least, that’s what the consensus seems to be in crypto’s town square. Just this year, venture capitalists and private equity investors have poured hundreds of millions of dollars into crypto projects that make infrastructure a priority, if not an exclusive focus. The highlight reel speaks for itself. In the first quarter alone, VC firm a16z committed $100…
Bitcoin Hits $60,000 As Market Conditions Align For Crypto Price Surge: Santiment
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
5 US States Settle With GSB Group Over Unregistered Crypto Sales
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […] Source CryptoX Portal
Solana and Shiba Inu investors eye this presale for massive returns
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rollblock gains $3.3M in its 6th presale round and is set to soar 100x in 2024, attracting SOL and SHIB investors. Investors in Solana (SOL) and Shiba Inu (SHIB) are looking for a new presale opportunity with significant rewards. Having gained $3.3 million in the sixth round of its crypto presale, Rollblock (RBLK), predicted to spike 100x in 2024, has quickly become the new darling of SOL and SHIB…