Trump’s potential Treasury secretary pick ‘sees no reason’ for US CBDC
The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks.
The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks.
PostFinance, a Swiss state-owned bank, has announced the launch of crypto staking for its customers. On Jan. 16, PostFinance announced that it has expanded its crypto trading and custody solution to include staking. The bank will offer Ethereum (ETH) staking and plans to extend the service to other cryptocurrencies in the future. PostFinance’s move positions … Read more
An Ethereum (ETH)-competitor is printing gains after receiving support from the world’s largest crypto exchange by volume. In a new announcement, Binance says it will be adding support for Sonic (S), formerly known as Fantom (FTM), to many of its programs. “Binance is excited to announce that Sonic will be added to Binance Simple Earn, … Read more
On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly evolved, expanding … Read more
Mining-as-a-service firm Blockware has proposed that DeFi protocol Aave create a Bitcoin treasury by mining Bitcoin. In a temperature check proposal submitted to the Aave DAO, the firm is offering to partner with the DeFi protocol to mine BTC. According to the proposal, Aave, which has grown to become a leading DeFi protocol in terms … Read more
XRP’s open interest has increased by $6 billion since the start of the month as the altcoin soared to new all-time highs.
Coinbase has reintroduced Bitcoin-backed loans, signaling a renewed focus on providing economic freedom and flexible financial products to users. The innovative loan structure allows U.S. users, excluding those from New York, to leverage their Bitcoin assets without the burden of selling, thereby minimizing tax implications. Max Branzburg of Coinbase stated the product reflects a commitment … Read more
With lawsuits still pending over Solana’s classification as a security, SOL ETFs will likely have to wait until next year for their debut.
Fetch.AI (FET) is currently riding a bullish wave, capturing market attention with significant upward momentum and technical analysis backing its performance. As the broader crypto market shows signs of recovery, FET’s price action indicates potential for further gains, especially if key resistance levels are breached. According to COINOTAG, analysts emphasize that “a sustained upward trend … Read more
In a remarkable development, Switzerland state-owned bank, PostFinance AG, has officially launched Ethereum staking. Notably, the bank has introduced staking as a key part of its cryptocurrency expansion, according to a latest Bloomberg report. Since the start of the new year, there has been a surge in pro-cryptocurrency moves, with major financial institutions getting involved. … Read more