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The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could Increase Its Bitcoin Purchases Issuing Debt Bitcoin has … Read more
According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain grapevine suggests … Read more
Acurx Pharmaceuticals Inc. has decided to take a bold financial step, pledging up to $1 million toward bitcoin (BTC) as a treasury reserve asset. This move signals a pivot in financial strategy for the late-stage biopharmaceutical company. Biopharma Firm Acurx Adopts Bitcoin for Treasury Strategy The board of directors at Acurx Pharmaceuticals (NASDAQ: ACXP) greenlit … Read more
In a significant move over the past hour, address 0x06b…91A60 deposited 4.9 million $OM tokens, valued at $20.61 million, into FalconX. If sold, this could generate a staggering profit of $16.53 million. This address has received a total of 20.77 million $OM tokens over the past nine months from three other addresses, with the funds … Read more
Binance has officially launched its 20th memecoin of the year, $BAN, which is already making waves in the crypto market. Within 24 hours of its debut, $BAN surged by an impressive 105%, climbing from a low of $0.045 to a new all-time high (ATH) of $0.409. The token has now become the 8th largest memecoin … Read more
A prominent whale recently made headlines by unstaking and depositing 8.99 million $APE tokens, worth approximately $10 million, to OKX. This transaction, completed just an hour ago, appears to mark the end of the whale’s $APE trading activity, which spanned 1.75 years. Unfortunately, the exit was made at an estimated loss of $6.68 million, equivalent … Read more
In a stunning example of high-stakes trading, one savvy investor transformed their wallet from $1,100 to an incredible $1.62 million in just 20 days, achieving a remarkable 1,473x return. The trader’s journey began 20 days ago when they identified the potential of $URO, a memecoin gaining traction in the DeSci sector. They invested 4.35 $SOL … Read more
To understand the transformative impact of decentralized finance (DeFi), it’s important to explore its journey from conceptualization to modern-day innovation. The Pre-Bitcoin Era DeFi’s roots trace back to cryptographic advancements like RSA public-key cryptography in 1978, which laid the foundation for secure digital interactions. Early digital currency experiments such as DigiCash and E-Gold further explored … Read more
The rising price volatility among Liquid Staking Tokens (LSTs) highlights the growing interest in active trading and speculative opportunities within this niche of the crypto market. In early 2024, $LDO experienced a remarkable price surge, drawing significant attention from traders and investors alike. Meanwhile, $ANKR maintained a steady upward trajectory, reflecting the varied strategies employed … Read more
In 2024, blockchain ecosystems have seen significant shifts in popularity, with Solana maintaining its position as the clear leader. Capturing 38.8% of global crypto investor interest in chain-specific narratives, Solana continues to dominate discussions and investments in the space. Rising rapidly in the rankings is Base, the blockchain ecosystem developed by Coinbase. With a remarkable … Read more
