Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital markets since 1999 due to defaulting on its debt. Clearing arrears would enable access […] Source CryptoX Portal
Opinion by Kyle Torpey, a Bitcoin journalist since 2014. Crypto began as an idealistic movement to decentralize digital finance, but the long-term trend since Bitcoin originally launched in January 2009 has been toward ever more centralized and permissioned activity. These issues have been obvious for some time, particularly in relation to the reliance upon centralized stablecoins throughout the industry. But the devolution of crypto into traditional fintech is now becoming more blatant with the blockchains upon which these stablecoins operate becoming more centralized as well. So, what has crypto become?…
Maple Finance has launched “Lend + Long,” an on-chain structured yield product that combines treasury yields with Bitcoin upside potential while eliminating downside risks. This innovative solution is specifically tailored for institutional investors, corporate treasuries, and yield funds, bridging the gap between traditional finance and decentralized finance. The product channels deposits into the Maple High Yield Secured Pool, which generates a stable base yield, according to a release shared with crypto.news. The product is designed to protect institutional investors against the risk of Bitcoin (BTC) underperformance while offering exposure to…
Este artículo también está disponible en español. Ondo Finance is emerging as a key player in real-world asset tokenization, positioning itself as one of the altcoin contenders likely to shine in this bull cycle. Despite its strong fundamentals, the start of 2025 has been challenging for ONDO, with the token experiencing a massive selloff that led to a 33% drop in value since January 4. This bearish price action has raised questions among some investors, but optimism is beginning to build. Related Reading Top crypto analyst Ali Martinez recently shared…
Former German Finance Minister Christian Lindner has advocated for including cryptocurrencies like Bitcoin in the European Central Bank and Bundesbank reserves to strengthen financial resilience and keep pace with global trends. According to the German media outlet Handelsblatt, Lindner pointed to the United States, where the incoming Donald Trump-led administration is looking to adopt a progressive approach towards crypto-assets, including discussions about incorporating Bitcoin into the Federal Reserve’s reserves alongside traditional assets like gold. Lindner highlighted that cryptocurrencies now make up a significant share of global wealth growth and warned…
Binance.US expects digital assets to anchor mainstream finance in 2025, despite ongoing legal battles with the SEC that the company says have stifled innovation. Binance.US Interim CEO Reflects on Challenges, Eyes Crypto’s Future in 2025 Binance.US Interim CEO Norman Reed has shared his reflections on the platform’s challenges and growth prospects as 2025 approaches, underscoring […] Source CryptoX Portal
Este artículo también está disponible en español. The Ethereum price could face some turbulence, as Justin Sun, the founder of Tron (TRX), has unstaked a whopping $209 million from Lido Finance, a liquid decentralized staking platform for Ethereum. Compared to top cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher. With the possibility of more sell-offs, Ethereum could see its price crashing down if Sun decides to dump more coins. Justin Sun Dumps…
Fluid, a decentralized finance (defi) superapp, has attracted $1.2 billion in total value locked (TVL) through its innovative money market and decentralized exchange (dex). The platform delivers groundbreaking features such as smart debt and collateral management. As part of its evolution, Fluid is transitioning its governance token from INST to FLUID, a move aimed at […] Source BitcoincryptoexchangeExchanges CryptoX Portal
The Hyper Foundation has completed a major airdrop of its native cryptocurrency, HYPE, bringing the total circulating supply to 333,928,180 tokens. With a market capitalization of $1.74 billion, the event highlights the foundation’s goals toward enhancing the Hyperliquid ecosystem. Hyper Foundation Shakes the Market Founded to support Hyperliquid, a decentralized trading platform and layer one […] Source CryptoX Portal
Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and investors to make smarter money moves by providing insights and analysis on high-potential regions and sectors, including tech, AI, cryptocurrency, and energy. DUBAI, UAE, Nov. 20, 2024 /PRNewswire/ — MONIIFY (moniify.com), a digital news platform for Zillennials, founded by businessman and entrepreneur Naguib Sawiris, will launch on November 26, 2024. Set to become the go-to platform for entrepreneurs, investors and professionals hungry for knowledge, wealth, and financial freedom in the world’s fastest-growing economies, MONIIFY will provide…