Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more optimizations. Balancer Launches Boosted Pools On Top Of Arbitrum Balancer, a decentralized finance protocol with […] Source CryptoX Portal
With Coinbase crossing $420 billion in assets, CEO Brian Armstrong is comparing the top US-based crypto exchange to leading US banks. In a new post to the social media platform X, Armstrong lays out the case for why he thinks Coinbase is now competing with the largest US banks, brokerages and payment companies. “If you think of Coinbase like a bank, we now hold about $0.42 trillion in assets for our customers, which would make us the 21st largest bank in the US by total assets, and growing. If you…
Este artículo también está disponible en español. Ethereum experienced one of the most aggressive sell-offs in its history on Monday, plunging 25% in a single day amid market-wide panic. The rapid decline sent shockwaves through the crypto space, marking one of the most volatile trading sessions ever recorded for ETH. Related Reading However, within hours, the price rebounded, erasing nearly the entire drop and stabilizing above key support levels. Despite this swift recovery, Ethereum now faces serious risks as it trades slightly below a crucial resistance level, leaving investors uncertain…
A growing number of U.S. states are actively pursuing legislation to establish strategic bitcoin reserves, signaling increasing interest in cryptocurrency as a financial asset. Strategic Bitcoin Reserves: A Look at 15 States Taking Action This week, David Sacks, the U.S. crypto czar under President Donald Trump, told the press that he was tasked with exploring […] Original
Este artículo también está disponible en español. The Dogecoin price has started out this month with a crash, sparking a bearish sentiment among DOGE investors. This bearish sentiment is further strengthened by historical data, which suggests that these investors shouldn’t be too optimistic about the foremost meme coin recording significant gains this month. Dogecoin Starts February With 23% As Historical Data Paints Bearish Picture CryptoRank data shows that the Dogecoin price has suffered a 23% crash since the start of February. This follows the monthly green close, which the foremost…
Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims. A sharp spike in volatility shook the crypto market, erasing billions in open interest, with Bybit and Block Scholes reporting that Bitcoin (BTC) stayed steady while altcoins took the biggest hit. In a research report shared with crypto.news, Bybit stated that Bitcoin “outperformed relative to the wider crypto market,” adding that its perpetual swaps fared better as well. In contrast, the Ethereum…
Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims. A sharp spike in volatility shook the crypto market, erasing billions in open interest, with Bybit and Block Scholes reporting that Bitcoin (BTC) stayed steady while altcoins took the biggest hit. In a research report shared with crypto.news, Bybit stated that Bitcoin “outperformed relative to the wider crypto market,” adding that its perpetual swaps fared better as well. In contrast, the Ethereum…
Missouri is joining the trend of states embracing Bitcoin by introducing its own Bitcoin reserve bill, known as House Bill 1217. Missouri Representative Ben Keathley introduced the bill, seeking to establish a Bitcoin Strategic Reserve Fund that would allow the state treasurer to invest in and hold Bitcoin. The bill, filed on February 6, positions Bitcoin as a hedge against inflation and aims to diversify the state’s financial holdings. The bill “creates the ‘Bitcoin Strategic Reserve Fund’ and allows the state treasurer to receive, invest, and hold Bitcoin under certain…
Nikkei, Japan’s daily business newspaper, reports that it was learned on Feb. 7 that the country’s Financial Services Agency (FSA) has engaged Apple and Google, urging them to remove unregistered crypto exchanges from their respective app stores. Japan’s FSA Directs App Stores to Expunge Unauthorized Crypto Platforms On Friday, it was reported that the FSA […] Source
Popular meme-based cryptocurrency Dogecoin (DOGE) has just seen a dramatic downturn that makes investors wonder about its future course. Driven by market volatility of Bitcoin (BTC), DOGE’s value dropped by around 20% over the past week. DOGE currently trades at $0.2551; its market value is $38.09 billion and its trading volume is $3.42 billion. Whale Accumulation Signals Investor Trust On-chain data shows that despite the current downturn, big investors—often referred to as “whales”—have grabbed the chance to amass significant amounts of DOGE. Whales have specifically accumulated 750 million units of…