Author: CryptoHoppers
Key Takeaways Pendle has introduced BTC pools to provide enhanced yield strategies for Bitcoin holders. The platform’s integration with Corn’s LBTC and other BTC variants signifies its adaptability in the DeFi market. Share this article Pendle, known for its success in ETH-centric DeFi narratives, is expanding into Bitcoin yields by introducing new BTC pools, providing Bitcoin holders with access to enhanced yield strategies and fixed yield trading opportunities.Pendle’s strategic expansion into Bitcoin yields comes at a time when interest in BTC staking and yield opportunities is rapidly gaining momentum. The platform, which has successfully positioned itself in narratives such as…
Adam Hamilton, the founder of Zeal Intelligence, a financial consulting company, predicts that gold prices will rise as American investors turn to gold, fleeing from traditional stocks and the burst of the artificial intelligence (AI) bubble. Hamilton explained that gold experienced this price upswing without this main demand factor, stressing that it was a very […] Source link
Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although Worldcoin does not perform a payment service under current laws, buying or selling accounts may constitute a violation. Investigations are ongoing, and the […] Source link
Amid the growing global concerns around the negative impact of crypto mining on the Environment, Dione, a cryptocurrency project launched in 2022, focuses on green energy solutions. What began as an extension on Ethereum’s ERC20 platform, DIONE, is all set to become the native token of Odyssey, a brand new Layer-1 blockchain. The project recently published its outcome-based roadmap for the next quarter of the financial year. Ready for the next chapter? 🤔 Dione Protocol’s strategic position in the Web3 market and unwavering commitment to growth will be amplified by our ambitious #roadmap – Let’s dive in! ⚡️ Mainnet: The…
Key Takeaways Ethereum Name Service’s token value increased by 7.5% following PayPal and Venmo’s adoption. Venmo and PayPal users in the US can now send crypto using readable ENS names instead of long, complex wallet addresses. Share this article ENS, the governance token of the Ethereum Name Service project, surged 7.5% to $17.8 after PayPal and Venmo initiated support for Ethereum Name Service domains.ENS is currently trading at $17, up around 3% in the last 7 days, according to CoinGecko.ENS Labs said Tuesday that the two digital payment giants have integrated ENS into their platforms, enabling over 270 million users…
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been conducted in 17 different areas, accumulating a total transaction value of […] Source link
Solana started a recovery wave from the $120 zone. SOL price is rising and might aim for a move toward the $150 resistance level. SOL price started a recovery wave above the $125 level against the US Dollar. The price is now trading above $128 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $130 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $138 resistance zone. Solana Price Extends Losses Solana price formed a support base above the…
Popcat and Dogs are the two top-gaining tokens in the 100 largest cryptocurrencies by market cap as Bitcoin price climbs back above $56,000. The meme coins Popcat (POPCAT) and Dogs (DOGS) traded at $0.62 and $0.0011, with 19% and 16% in 24-hour gains respectively at the time of writing. Upside momentum meanwhile had pushed Bitcoin (BTC) price above $56,500 as bulls fought to recover from the dip that saw the leading digital asset trade near $53,300 on Sept. 7. Futures listing helps POPCAT, DOGS higher Most meme coins have struggled for upward momentum in recent weeks, mainly as the broader…
Key Takeaways BlackRock’s iShares Bitcoin Trust faced a $9 million withdrawal on September 9. US Bitcoin ETFs reversed an 8-day outflow trend with over $28 million in net inflows. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw around $9 million in net outflows on September 9, marking its third day of outflows since its January launch. Yet, net flows into US spot Bitcoin exchange-traded funds (ETFs) turned green, reversing the outflow trend that had been ongoing for the past eight trading days, according to data from Farside Investors.IBIT’s Monday loss came after the second-ever outflow seen on August 29,…
During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities should not hinder the region’s […] Source link