The fight is not over yet – Bitcoin must be a promise kept in 2025
The crypto community responded enthusiastically when Donald Trump emerged victorious in the US election. As someone deeply invested in the ideals of blockchain and decentralized systems, I find myself navigating a complex mix of hope and healthy skepticism. Trump’s recent…
DEGEN L3 migration hindered by Conduit standoff and financial losses
In a post shared with its community, DEGEN revealed mounting challenges in its ongoing effort to migrate DEGEN L3 to a new service provider. The prolonged standoff, which DEGEN claims has stalled critical upgrades and harmed users, has spotlighted unresolved…
Coinbase premium hits seven-month peak as Bitcoin sees renewed US demand
Bitcoin’s “Coinbase Premium,” a key indicator of demand for the leading digital asset in the US, surged to its highest level in seven months following Donald Trump’s recent election victory. On Nov. 6, data chain analytics firm CryptoQuant shows that…
Polymarket’s accurate forecast of Trump win highlights gaps in mainstream media, pollsters
Polymarket, a decentralized prediction market, called President Donald Trump’s victory hours before major media networks made projections, highlighting the accuracy of market-driven insights. By midnight EST, Polymarket indicated a 97% chance of Trump winning, well ahead of news outlets like…
Crypto.com aims for 2025 launch of own stablecoin, ETF listings, stocks, and US expansion
Crypto.com aims to expand its crypto offerings to include stablecoin and an exchange-traded fund (ETF) product in 2025. The Singapore-based exchange also revealed a plan to give customers access to traditional financial products like banking and stock trading. This move…
Election day frenzy drives Polymarket open interest to record levels
Polymarket soared to unprecedented highs on Election Day, with open interest reaching $463 million as users flocked to bet on the high-stakes race between former President Donald Trump and Vice President Kamala Harris. This surge marked a 40% increase in…
Bitcoin as a US strategic reserve asset could create ‘monetary stability’
Bitcoin’s maturity as a decentralized digital asset has spurred discussions on its role within national reserves, drawing interest from US policymakers. Bitcoin’s evolution from an experimental asset to a recognized financial instrument provides new strategic avenues for economic stability, geopolitical…
Michigan state pension fund reports $11 million exposure to Ethereum ETFs
The State of Michigan Retirement System disclosed over $11 million in exposure to spot Ethereum (ETH) exchange-traded funds (ETF) in its latest 13-F filing. As a result, Michigan became the first state to invest in Ethereum and currently holds a…
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources that would otherwise remain unused…
BIS cuts ties with controversial CBDC project mBridge, citing project maturity
The Bank for International Settlements (BIS) announced its departure from Project mBridge, a central bank digital currency (CBDC) initiative developed in partnership with the People’s Bank of China and the central banks of Hong Kong, Thailand, Saudi Arabia, and the…