Since hitting its all-time high (ATH) over a week ago, bitcoin has been consolidating. Analysts at the crypto exchange Bitfinex say the asset’s structural strength remains intact; however, the bull market is entering a more delicate and reactive phase. According to the weekly Bitfinex Alpha report, the market is seeing a natural rotation between bitcoin…
Tron founder Justin Sun will join the next Blue Origin crewed flight, the company announced Tuesday. He is the latest high-profile figure to board Jeff Bezos’ New Shepard rocket. Sun won the first New Shepard seat in a 2021 auction with a $28 million bid that funded 19 space-focused charities, but couldn’t attend the July…
Since April, decentralized finance (DeFi) protocols have added approximately $49 billion in net total value locked (TVL). Interestingly, Aave accounted for around $15 billion of this increase and represented roughly 31% of the total growth across DeFi platforms during the period. Aave Leads the Pack The latest figure means that for every $10 billion added…
The global asset manager has taken a surprising step by shuffling some of its assets under management. Meanwhile, ether has been experiencing significant institutional demand, driven by the growing popularity of companies focusing on building ETH treasuries. Restructuring of Assets The CEO and founder of investment management firm ARK Invest, Cathie Wood, has shifted the…
JPMorgan is reportedly looking at offering loans backed by customer-held crypto assets, such as Bitcoin (BTC) and Ethereum (ETH). If implemented, it would mark a major shift for CEO Jamie Dimon, who once called Bitcoin a “fraud” and predicted it would collapse. Crypto-Backed Loans Could Start Next Year The Financial Times revealed that the bank…
Coinbase has officially launched CFTC-regulated perpetual futures for U.S. traders through its Coinbase Financial Markets (CFM) platform. This development marks the first time American retail investors can access these derivatives in a fully regulated environment. Coinbase’s Offering As of Monday, the company has joined the expanding list of exchanges offering regulated derivatives in the U.S….
Bitcoin veteran Max Keiser has accused U.S. President Donald Trump of “frontrunning Americans” after one of his companies acquired a massive $2 billion worth of BTC on Monday. Keiser, long known for his bombastic takes and early Bitcoin evangelism, labeled Trump’s move “The Great Bifurcation,” implying the president was making sure to fill his own…
Since bitcoin (BTC) has been consolidating after hitting an all-time high, altcoins have been on the move. Large-cap assets have been leading, and the meme coin sector has been rising as well, with crypto community members wondering if this marks the onset of the long-awaited altseason. While it remains unclear whether this brief period is…
The global brokerage platform, Republic, which played a role in the development of Avalanche, has partnered with Mawari, the DePIN for Spatial Computing. The union aims to bring new utility to the recently-emerged type of fundraising, which is node sales. Breaking Ground In Uncharted Territory In a press release shared with CryptoPotato, Republic, a private…
Maestro, the tailor-made enterprise-grade infrastructure provider for Bitcoin, joins ICP, the fully decentralized web3 cloud platform, to augment some of BTC’s protocols. The rapidly maturing BTCFi movement has grown from speculative to institutional-grade, multi-chain DeFi infrastructure. Bitcoin-Native Ordinals And Runes Advance According to a press release shared with CryptoPotato, Maestro has been awarded a grant from the DFINITY…