Business

Dubai, United Arab Emirates, 23 January 2025, Pakinomist Bybit, the world’s second largest cryptocurrency exchange by trading volume, is pleased to announce new reward opportunities through bbSOL staking on the Bybit Launchpool. Bybit users now have the opportunity to participate in mining through bbSOL staking and access various prize pools, all within a few clicks. […]

Ethereum layer-2 protocols are processing transactions faster than ever, with Coinbase’s BASE at the forefront of this advancement. According to data from growthepie.xyz, the cumulative transaction throughput for layer 2s has increased to 29.64 million gas units per second (Mgas/s), the highest pace ever recorded. BASE leads the way and accounts for 67% of the

Bitcoin (BTC), the largest cryptocurrency by market capitalization, is likely to hit record highs of more than 70 days this year, more than tripling last year’s figure, if the price continues to mirror 2017’s performance. It’s already on track to hit $109,000 on January 20, the day of President Donald Trump’s inauguration. In 2024, it

Volatility traders looking to take advantage of significant price swings may soon find opportunities. A key indicator suggests that bitcoin (BTC), currently above $100,000, is like a coiled spring ready to release energy in either direction. The indicator is the rolling 60-day price range that represents the variation in maximum and minimum prices as a

Bitwise has officially submitted a registration application for a dogecoin exchange-traded fund (ETF) as memecoin demand grows in the market. A “Bitwise Dogecoin ETF” was filed late Wednesday and appeared on the Department of State’s Division of Corporations in the US state of Delaware. Such applications can often be a spoof, but Bitwise confirmed the

Pakinomist– Bitcoin fell on Thursday after a short-lived rally on hype over more crypto-friendly policies from President Donald Trump, with his newly launched memecoin also clocking steep losses. Cryptocurrency markets received fleeting support from the Securities and Exchange Commission, which under new leadership said it will form a task force to help advise on crypto

The developers of USDh, a stablecoin built on Bitcoin layer 2 Stacks, have completed a deal to bring about $3 million in liquidity to the token. Decentralized finance (DeFi) protocol Hermetica has secured the liquidity it says will make it the largest stablecoin on Stacks, through collaboration with Bitcoin lending protocol Zest. The two plan

Crypto trading and lending platform Nexo is set to introduce a $5,000 minimum limit to use its services as the firm evolves into a digital asset asset manager targeting the wealthy mass market. The move, which takes effect in February, is part of the company’s 2025 growth strategy and recent rebranding, according to a press

An earlier leak on the website of the Chicago Mercantile Exchange (CME) showing regulated XRP (XRP) and Solana (SOL) futures could begin trading on February 10 pending regulatory approval was a “mistake”, a representative told the company to CoinDesk. “A beta page from our website was released in error earlier today,” the spokesperson said. “Many

For crypto to fully mature, regulated derivatives are non-negotiable. Derivatives already make up 70-75% of crypto transaction volume, with institutional players leading the way. While there is an increasing number of regulated offerings, the majority of volume – around 95% – occurs in “offshore” venues, meaning in unregulated or lightly regulated jurisdictions. This exposes investors