Deribit Exchange announces integration of Ethena’s USDe as margin collateral
Deribit will integrate Ethena’s USDe as collateral by January 2025. USDe’s decentralized model uses derivatives, unlocking new structured products. Ethena’s governance token ENA token hit an intraday high of $0.63…
Solana and Cardano investors are betting big on Rexas Finance, is it the next 10x altcoin?
Although Solana and Cardano have long been acknowledged as trailblazing blockchain systems, a new contender Rexas Finance (RXS) is attracting a lot of interest as a fresh rival. Rexas Finance…
3 altcoins that could go ballistic if Bitcoin (BTC) crosses $120,000 mark
Some altcoins are setting themselves up to profit from the positive wave as the crypto market prepares for Bitcoin’s possible breakout above the $120,000 mark. Rexas Finance (RXS), SUI, and…
Bitcoin gets within touching distance of $100K as rally continues
Bitcoin’s new price follows after it hit $98,000 yesterday Analyst Skew said there is “positive market signal” and that there is “a lot of aggregate spot supply around $100k” Bitcoin…
UK to unveil crypto and stablecoin regulatory framework early next year
The UK will introduce unified crypto regulations, including stablecoins, in early 2025. New rules aim to simplify oversight and avoid restrictive staking classifications. Labour government aims to compete with EU’s…
Bitwise files for Solana ETF in Delaware
Bitwise files for a Solana ETF as SOL nears its all-time high of $259. Optimism grows with Trump’s election and SEC Chair Gary Gensler’s resignation. Competing firms like VanEck and…
The FTX estate plans to start distributions by March 2025
FTX plans to start distributing $16 billion to creditors by March 2025. Distributions will begin 60 days after the Chapter 11 plan becomes effective in Jan. Customers must complete KYC…
SEC Chair Gensler to step down on January 20
Gary Gensler will step down on January 20, 2025. Solana, XRP among cryptocurrencies to spike amid the news. US Securities and Exchange Commission Chair Gary Gensler has announced his resignation…
Sui network back online after 2-hour outage
Sui, a layer 1 blockchain network that supports decentralized finance, has resumed block production. The team says a bug that caused validators to crash has been fixed. The Sui (SUI)…
Bitcoin tops $98,000 as rally gains momentum
Bitcoin has jumped to $98,370, its highest-ever price as bulls target $100,000. The flagship cryptocurrency has rallied higher since Donald Trump’s re-election on Nov. 5 Bitcoin’s march towards $100,000 continued…